Sectoral and Thematic Funds Compared
Every sectoral and thematic mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty 50, ranked by a stated measure, from AMFI NAVs.
As of 30 Sep 2026, there are 142 sectoral and thematic funds with at least 3 years of NAVs. Over 5 years their direct plans returned a median 12.0% a year. The highest 5-year return was SBI PSU Fund at 21.8% a year.
All sectoral and thematic funds, ranked by 5-year return
| # | Fund | 1y | 3y | 5y | 10y | 5y regular | 5y SIP XIRR | Expense ratio (direct) | Beat Nifty 50 (rolling 3y) |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SBI PSU Fund | 2.0% | 18.0% | 21.8% | 13.6% | 20.5% | 19.0% | 0.98% | 45/96 |
| 2 | LIC MF Infrastructure Fund | 10.9% | 23.0% | 21.7% | 17.7% | 20.2% | 21.2% | 1.33% | 64/96 |
| 3 | Aditya Birla Sun Life PSU Equity Fund | 5.3% | 17.3% | 21.4% | — | 19.7% | 18.5% | 0.77% | 46/46 |
| 4 | Bank Of India Manufacturing & Infrastructure Fund | 19.4% | 21.6% | 20.9% | 19.5% | 19.1% | 21.5% | 0.98% | 65/96 |
| 5 | DSP India T.I.G.E.R. Fund | 13.2% | 19.1% | 20.6% | 17.5% | 19.5% | 19.9% | 1.06% | 64/96 |
| 6 | ICICI Prudential Infrastructure Fund | 1.4% | 16.5% | 20.0% | 17.5% | 19.3% | 17.1% | 1.30% | 62/96 |
| 7 | Nippon India Power & Infra Fund | 7.9% | 17.5% | 19.8% | 17.8% | 18.9% | 18.7% | 1.10% | 60/96 |
| 8 | Invesco India PSU Equity Fund | -1.7% | 17.6% | 19.5% | 16.3% | 17.9% | 17.5% | 1.26% | 60/96 |
| 9 | UTI - Transportation and Logistics Fund | -0.6% | 17.2% | 19.1% | 12.4% | 17.7% | 16.7% | 0.98% | 54/96 |
| 10 | Canara Robeco Infrastructure Fund | 1.0% | 17.8% | 18.7% | 15.8% | 17.2% | 16.5% | 1.16% | 64/96 |
| 11 | quant Quantamental Fund | 8.3% | 14.5% | 18.5% | — | 16.8% | 15.1% | 1.62% | 30/30 |
| 12 | HDFC Infrastructure Fund | -3.0% | 13.4% | 18.4% | 11.6% | 17.4% | 15.3% | 1.33% | 47/96 |
| 13 | Invesco India Infrastructure Fund | 6.7% | 18.2% | 18.4% | 18.8% | 16.8% | 17.4% | 1.21% | 67/96 |
| 14 | Kotak Infrastructure and Economic Reform Fund | 8.8% | 15.9% | 18.0% | 16.3% | 16.4% | 16.2% | 0.85% | 64/96 |
| 15 | SBI Healthcare Opportunities Fund | 21.6% | 23.0% | 18.0% | 14.6% | 16.7% | 22.0% | 1.01% | 72/96 |
| 16 | Franklin India Opportunities Fund | 4.0% | 20.0% | 17.9% | 16.6% | 16.7% | 19.0% | 0.88% | 62/96 |
| 17 | Franklin Build India Fund | -1.7% | 14.7% | 17.5% | 16.7% | 16.3% | 15.2% | 1.10% | 70/96 |
| 18 | quant ESG Integration Strategy Fund | 20.3% | 16.4% | 17.5% | — | 15.6% | 16.6% | 1.84% | 36/36 |
| 19 | Quant Infrastructure Fund | 9.5% | 17.1% | 17.4% | 20.1% | 15.7% | 14.9% | 1.06% | 68/96 |
| 20 | Aditya Birla Sun Life Infrastructure Fund | 14.1% | 16.6% | 17.2% | 15.1% | 16.2% | 18.3% | 1.49% | 57/96 |
| 21 | Bandhan Infrastructure Fund | -1.9% | 14.8% | 16.5% | 16.2% | 15.0% | 14.5% | 1.05% | 64/96 |
| 22 | DSP Natural Resources And New Energy Fund | 13.9% | 18.6% | 15.8% | 17.0% | 14.5% | 16.8% | 1.01% | 75/96 |
| 23 | Tata Infrastructure Fund | 5.3% | 12.1% | 15.7% | 14.8% | 14.6% | 13.0% | 1.23% | 65/96 |
| 24 | Kotak Pioneer Fund | 10.9% | 20.2% | 15.6% | — | 13.9% | 18.1% | 0.63% | 48/48 |
| 25 | UTI - Healthcare Fund | 18.3% | 22.7% | 15.5% | 14.7% | 14.3% | 20.8% | 1.34% | 65/96 |
| 26 | DSP Healthcare Fund | 17.4% | 20.9% | 15.4% | — | 13.9% | 19.1% | 0.75% | 51/59 |
| 27 | Mirae Asset Healthcare Fund | 21.0% | 21.7% | 15.4% | — | 13.7% | 20.1% | 0.62% | 54/64 |
| 28 | SBI Infrastructure Fund | 1.9% | 12.1% | 15.3% | 15.1% | 14.5% | 12.6% | 1.16% | 65/96 |
| 29 | Aditya Birla Sun Life Manufacturing Equity Fund | 22.9% | 20.7% | 15.0% | 13.8% | 14.0% | 19.1% | 1.40% | 44/96 |
| 30 | Sundaram Infrastructure Advantage Fund (Erstwhile Sundaram Capex Opportunities) | 3.4% | 14.4% | 14.9% | 14.3% | 14.2% | 13.6% | 1.81% | 62/96 |
| 31 | ICICI Prudential Commodities Fund | 7.6% | 14.9% | 14.6% | — | 13.3% | 14.7% | 1.05% | 49/49 |
| 32 | Tata India Pharma & Healthcare Fund | 9.5% | 18.5% | 14.3% | 14.8% | 12.6% | 16.8% | 1.07% | 71/94 |
| 33 | ICICI Prudential Business Cycle Fund | -4.0% | 13.8% | 14.3% | — | 13.0% | 12.3% | 1.01% | 34/34 |
| 34 | Aditya Birla Sun Life Pharma and Healthcare Fund | 19.0% | 20.2% | 14.2% | — | 12.6% | 18.8% | 1.07% | 38/52 |
| 35 | Nippon India Pharma Fund | 13.9% | 17.7% | 13.7% | 15.5% | 12.7% | 16.7% | 1.00% | 69/96 |
| 36 | Aditya Birla Sun Life Special Opportunities Fund | 14.3% | 18.3% | 13.7% | — | 12.3% | 16.4% | 1.19% | 37/37 |
| 37 | Tata Business Cycle Fund | -0.4% | 10.2% | 13.3% | — | 11.6% | 10.7% | 0.92% | 27/27 |
| 38 | Invesco India Financial Services Fund | 4.9% | 15.9% | 13.1% | 15.1% | 11.7% | 13.9% | 0.96% | 60/96 |
| 39 | ICICI Prudential Exports & Services Fund | 1.6% | 13.5% | 13.0% | 13.8% | 12.3% | 12.2% | 1.79% | 61/96 |
| 40 | Sundaram Financial Services Opportunities Fund | 4.8% | 11.3% | 13.0% | 13.9% | 11.4% | 12.1% | 0.93% | 64/96 |
| 41 | Aditya Birla Sun Life International Equity Fund | 17.9% | 22.4% | 12.9% | 13.8% | 12.2% | 18.0% | 1.99% | 39/96 |
| 42 | Tata India Consumer Fund | 3.7% | 13.5% | 12.9% | 16.4% | 11.4% | 13.0% | 0.92% | 72/94 |
| 43 | ICICI Prudential US Bluechip Equity Fund | 15.4% | 16.4% | 12.9% | 16.2% | 11.8% | 14.7% | 1.19% | 59/94 |
| 44 | Nippon India US Equity Opportunities Fund | 16.3% | 21.3% | 12.8% | 16.4% | 11.5% | 17.3% | 1.30% | 63/94 |
| 45 | UTI - Infrastructure Fund | 0.0% | 11.6% | 12.6% | 12.2% | 12.2% | 10.9% | 2.01% | 51/96 |
| 46 | Sundaram Services Fund | 2.6% | 13.0% | 12.4% | — | 11.0% | 12.4% | 0.85% | 62/62 |
| 47 | Nippon India Quant Fund | -1.9% | 12.2% | 12.4% | 13.7% | 11.8% | 10.7% | 0.87% | 61/96 |
| 48 | Tata Resources & Energy Fund | 6.5% | 15.1% | 12.3% | 16.1% | 10.5% | 13.3% | 0.82% | 71/94 |
| 49 | Nippon India Banking & Financial Services Fund | -0.4% | 10.3% | 12.2% | 12.6% | 11.3% | 10.6% | 1.07% | 57/96 |
| 50 | Edelweiss Recently Listed IPO Fund | 21.9% | 17.3% | 12.0% | — | 10.5% | 17.6% | 1.13% | 57/69 |
| 51 | Mirae Asset Great Consumer Fund | -4.9% | 9.9% | 11.7% | 15.6% | 10.1% | 9.9% | 0.67% | 90/96 |
| 52 | Axis Innovation Fund | 15.4% | 18.3% | 11.7% | — | 10.4% | 15.6% | 1.35% | 27/35 |
| 53 | Mirae Asset Banking and Financial Services Fund | 2.1% | 11.4% | 11.7% | — | 10.0% | 11.4% | 0.78% | 33/35 |
| 54 | SBI Banking & Financial Services Fund | -1.6% | 14.3% | 11.6% | 14.7% | 10.4% | 11.8% | 1.19% | 69/96 |
| 55 | ICICI Prudential Bharat Consumption Fund | -6.2% | 8.5% | 11.5% | — | 10.5% | 8.6% | 1.31% | 50/55 |
| 56 | Nippon India Consumption Fund | -8.0% | 8.6% | 11.4% | 12.9% | 10.0% | 8.3% | 0.90% | 67/96 |
| 57 | Tata Banking & Financial Services Fund | 0.6% | 10.3% | 11.3% | 14.1% | 9.7% | 11.0% | 0.93% | 61/94 |
| 58 | HDFC Banking & Financial Services Fund | 3.5% | 11.2% | 11.3% | — | 9.8% | 11.1% | 0.98% | 28/28 |
| 59 | Nippon India Japan Equity Fund | 29.6% | 23.3% | 11.2% | 11.7% | 9.8% | — | 1.37% | 25/84 |
| 60 | Baroda BNP Paribas Banking and Financial Services Fund | 2.7% | 13.2% | 11.1% | 11.7% | 9.7% | 11.5% | 1.08% | 48/96 |
| 61 | ICICI Prudential MNC Fund | 4.7% | 9.6% | 11.0% | — | 9.7% | 10.2% | 1.21% | 52/53 |
| 62 | SBI Consumption Opportunities Fund | -11.3% | 4.5% | 10.9% | 13.6% | 9.7% | 4.9% | 1.15% | 66/96 |
| 63 | Baroda BNP Paribas Business Cycle Fund | 3.4% | 12.0% | 10.9% | — | 9.3% | 10.3% | 1.04% | 26/26 |
| 64 | UTI - Banking and Financial Services Fund | 1.9% | 11.8% | 10.7% | 10.6% | 9.5% | 10.8% | 1.45% | 50/96 |
| 65 | Mahindra Manulife Consumption Fund | -6.9% | 9.1% | 10.7% | — | 8.9% | 8.1% | 1.09% | 43/60 |
| 66 | Canara Robeco Consumption Fund | -5.0% | 9.6% | 10.6% | 14.9% | 9.2% | 8.7% | 0.96% | 95/96 |
| 67 | HDFC Housing Opportunities Fund | -6.2% | 8.4% | 10.6% | — | 9.5% | 8.3% | 1.40% | 45/71 |
| 68 | Sundaram Consumption Fund (Formerly Known as Sundaram Rural and Consumption Fund) | -6.4% | 8.2% | 10.3% | 11.2% | 9.3% | 8.3% | 1.67% | 49/96 |
| 69 | SBI Comma Fund | 9.5% | 14.6% | 10.1% | 15.1% | 9.4% | 12.7% | 1.24% | 68/96 |
| 70 | ICICI Prudential Quant Fund | -0.7% | 10.6% | 9.9% | — | 9.2% | 9.4% | 2.07% | 35/35 |
| 71 | Aditya Birla Sun Life Banking and Financial Services Fund | 0.4% | 8.4% | 9.6% | 11.8% | 8.6% | 9.5% | 1.15% | 54/96 |
| 72 | Taurus Infrastructure Fund | -11.4% | 6.3% | 9.6% | 12.5% | 9.0% | 6.3% | 2.05% | 63/96 |
| 73 | ICICI Prudential ESG Exclusionary Strategy Fund | -6.6% | 10.8% | 9.5% | — | 8.2% | 9.0% | 1.26% | 36/37 |
| 74 | Franklin Asian Equity Fund | 33.7% | 23.9% | 9.3% | 10.4% | 8.3% | 19.0% | 1.25% | 27/96 |
| 75 | LIC MF Banking and Financial Services Fund | -1.0% | 6.2% | 9.0% | 8.4% | 7.6% | 7.4% | 1.65% | 31/96 |
| 76 | ICICI Prudential Banking & Financial Services Fund | -3.9% | 8.8% | 8.9% | 11.7% | 8.0% | 8.2% | 1.25% | 54/96 |
| 77 | Aditya Birla Sun Life Consumption Fund | -8.0% | 7.6% | 8.7% | 13.1% | 7.5% | 6.9% | 0.98% | 92/96 |
| 78 | Axis Quant Fund | -0.2% | 7.9% | 8.4% | — | 6.7% | 6.9% | 2.73% | 26/28 |
| 79 | Taurus Banking & Financial Services Fund | -3.9% | 7.0% | 8.4% | 12.0% | 7.5% | 6.9% | 1.84% | 52/96 |
| 80 | Taurus Ethical Fund | -1.1% | 8.3% | 8.2% | 12.3% | 6.9% | 7.4% | 1.35% | 71/96 |
| 81 | SBI MNC Fund | 15.9% | 6.8% | 8.1% | 11.4% | 7.3% | 8.9% | 1.39% | 39/96 |
| 82 | UTI - India Consumer Fund | -6.5% | 8.8% | 7.8% | 10.8% | 6.9% | 6.8% | 1.70% | 41/96 |
| 83 | UTI - MNC Fund | -1.8% | 8.1% | 7.6% | 10.2% | 6.7% | 7.5% | 1.53% | 30/96 |
| 84 | SBI ESG Exclusionary Strategy Fund | -3.4% | 7.8% | 7.5% | 11.3% | 6.8% | 6.4% | 1.49% | 62/96 |
| 85 | SBI Equity Minimum Variance Fund | -4.5% | 6.0% | 7.4% | — | 7.0% | 5.4% | 0.53% | 51/56 |
| 86 | Kotak ESG Exclusionary Strategy Fund | -5.2% | 7.8% | 6.9% | — | 5.2% | 6.4% | 1.16% | 23/35 |
| 87 | Aditya Birla Sun Life ESG Integration Strategy Fund | -0.3% | 10.1% | 6.7% | — | 5.3% | 7.7% | 1.44% | 18/35 |
| 88 | Quantum ESG Best In Class Strategy Fund | -4.9% | 6.9% | 6.5% | — | 5.3% | 5.8% | 0.82% | 35/52 |
| 89 | Invesco India ESG Integration Strategy Fund | -2.7% | 8.3% | 6.4% | — | 4.8% | 6.4% | 1.29% | 25/32 |
| 90 | Franklin India Technology Fund | -10.6% | 7.8% | 6.3% | 16.0% | 5.2% | 6.2% | 1.16% | 81/96 |
| 91 | SBI Technology Opportunities Fund | -8.5% | 7.5% | 6.2% | 16.8% | 5.0% | 5.4% | 1.04% | 81/96 |
| 92 | Tata Ethical Fund | -7.7% | 3.8% | 5.5% | 11.0% | 4.2% | 3.0% | 0.82% | 52/96 |
| 93 | Aditya Birla Sun Life MNC Fund | -8.7% | 5.4% | 5.0% | 8.1% | 4.3% | 4.6% | 1.47% | 16/96 |
| 94 | Axis ESG Integration Strategy Fund | -4.2% | 8.0% | 5.0% | — | 3.8% | 5.4% | 1.84% | 15/45 |
| 95 | DSP Quant Fund | -3.9% | 6.0% | 4.0% | — | 3.2% | 4.3% | 1.01% | 7/53 |
| 96 | ICICI Prudential Fmcg Fund | -18.3% | -3.9% | 3.7% | 9.1% | 2.8% | -2.5% | 1.69% | 50/96 |
| 97 | Aditya Birla Sun Life Digital India Fund | -7.3% | 3.4% | 3.2% | 17.1% | 2.0% | 2.5% | 1.07% | 67/96 |
| 98 | ICICI Prudential Technology Fund | -10.0% | 4.5% | 2.4% | 17.1% | 1.5% | 2.0% | 1.21% | 66/96 |
| 99 | Tata Digital India Fund | -12.5% | 3.5% | 2.2% | 17.0% | 0.8% | 0.7% | 0.67% | 77/94 |
| — | 360 One Quant Fund | -4.3% | 13.7% | — | — | — | — | 1.16% | 24/24 |
| — | Aditya Birla Sun Life Business Cycle Fund | 7.1% | 12.0% | — | — | — | — | 1.65% | 23/23 |
| — | Aditya Birla Sun Life Transportation and Logistics Fund | 14.9% | — | — | — | — | — | 1.06% | — |
| — | Axis Business Cycles Fund | 3.5% | 12.7% | — | — | — | — | 1.60% | — |
| — | Bandhan Financial Services Fund | 0.3% | 13.7% | — | — | — | — | 1.00% | — |
| — | Bandhan Transportation And Logistics Fund | 4.0% | 18.3% | — | — | — | — | 1.08% | 13/13 |
| — | Baroda BNP Paribas India Consumption Fund | -7.5% | 8.9% | — | — | — | — | 1.00% | 20/20 |
| — | HDFC Business Cycle Fund | 2.6% | 10.7% | — | — | — | — | 1.14% | 12/12 |
| — | HDFC Consumption Fund | -7.5% | 9.1% | — | — | — | — | 1.40% | — |
| — | HDFC Defence Fund | 26.3% | 36.9% | — | — | — | — | 0.89% | — |
| — | HDFC MNC Fund | 2.0% | 6.9% | — | — | — | — | 1.89% | — |
| — | HDFC Pharma and Healthcare Fund | 27.8% | — | — | — | — | — | 1.03% | — |
| — | HDFC Technology Fund | -13.5% | 4.7% | — | — | — | — | 1.09% | — |
| — | HDFC Transportation and Logistics Fund | 8.0% | 24.3% | — | — | — | — | 1.10% | — |
| — | HSBC Business Cycles Fund | 3.3% | 15.6% | — | — | — | — | 1.12% | 12/12 |
| — | HSBC Consumption Fund | 2.1% | 15.1% | — | — | — | — | 0.88% | — |
| — | HSBC Infrastructure Fund | 8.9% | 15.0% | — | — | — | — | 1.10% | 12/12 |
| — | ICICI Prudential Housing Opportunities Fund | -2.7% | 10.1% | — | — | — | — | 1.24% | 19/19 |
| — | ICICI Prudential PSU Equity Fund | 2.7% | 18.8% | — | — | — | — | 1.29% | 14/14 |
| — | ICICI Prudential Transportation And Logistics Fund | 7.1% | 21.3% | — | — | — | — | 1.27% | 13/13 |
| — | ICICI Prudential Innovation Fund | 2.8% | 17.8% | — | — | — | — | 1.24% | — |
| — | ITI Banking and Financial Services Fund | 4.3% | 10.4% | — | — | — | — | 1.08% | 22/23 |
| — | ITI Pharma and Healthcare Fund | 13.9% | 19.0% | — | — | — | — | 0.92% | 24/24 |
| — | Kotak Banking and Financial Services Fund | 2.4% | 11.1% | — | — | — | — | 0.80% | — |
| — | Kotak Business Cycle Fund | 5.7% | 15.4% | — | — | — | — | 0.77% | 13/13 |
| — | Kotak Consumption Fund | -1.9% | — | — | — | — | — | 0.87% | — |
| — | Kotak Manufacture in India Fund | 17.5% | 20.1% | — | — | — | — | 0.77% | 20/20 |
| — | Kotak Quant Fund | -0.3% | 12.7% | — | — | — | — | 1.58% | — |
| — | LIC MF Healthcare Fund | 14.9% | 21.0% | — | — | — | — | 1.37% | — |
| — | Mahindra Manulife Business Cycle Fund | 6.0% | 16.4% | — | — | — | — | 0.93% | — |
| — | Nippon India Innovation Fund | 1.1% | 13.4% | — | — | — | — | 0.87% | — |
| — | Nippon India Taiwan Equity Fund | 121.4% | — | — | — | — | — | 1.06% | 15/18 |
| — | Samco Active Momentum Fund | 17.9% | 15.3% | — | — | — | — | 1.92% | — |
| — | Samco Flexi Cap Fund | -5.2% | -3.5% | — | — | — | — | 1.83% | 0/21 |
| — | Tata Housing Opportunities Fund | -2.3% | 6.9% | — | — | — | — | 1.10% | 12/14 |
| — | UTI Innovation Fund | -2.4% | — | — | — | — | — | 1.24% | — |
| — | Union Innovation & Opportunities Fund | 11.5% | 18.1% | — | — | — | — | 1.01% | — |
| — | quant Bfsi Fund | 13.0% | 20.5% | — | — | — | — | 1.95% | — |
| — | quant Business Cycle Fund | 5.7% | 11.1% | — | — | — | — | 1.45% | — |
| — | quant Healthcare Fund | 21.8% | 20.6% | — | — | — | — | 1.51% | — |
| — | quant Manufacturing Fund | 14.5% | 16.1% | — | — | — | — | 1.45% | — |
| — | quant Momentum Fund | 8.1% | — | — | — | — | — | 1.88% | — |
| — | quant Teck Fund | -6.2% | 3.0% | — | — | — | — | 2.28% | — |
Direct plans, Growth option, to 30 Sep 2026. Funds that closed or merged are not in AMFI's current list, so the category looks a little better than investors actually did (survivorship). Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund. Other categories: all mutual fund categories.
Key takeaways
Frequently asked questions
Which sectoral and thematic fund has given the highest returns?
Over the 5 years to 30 Sep 2026, SBI PSU Fund (direct plan) at 21.8% a year. Past returns do not predict future ones.
What is the average return of sectoral and thematic funds?
The median direct plan returned 12.0% a year over 5 years to 30 Sep 2026.