Mutual fund analysis · Sectoral / Thematic

Sectoral / Thematic funds: every scheme, ranked by 3 years return

Sectoral / Thematic · 255 schemes at Q2 FY27

Q2 FY27: the median Sectoral / Thematic fund returned +12% over 3 years, annualized; 137 of 139 schemes gained. Best Nippon India Taiwan Equity fund +60%.

Rank by

An underlined fund opens its page — holdings, what moved it, and how it behaves. Pages exist for the fund houses whose filings we ingest (SBI, HDFC, Nippon India).

#SchemeFund houseQuarter1 year3 years5 years3 years return, each quarter since Q3 FY24
1Nippon India Taiwan Equity fund Nippon India0%+118%+60%—
2HDFC Defence Fund HDFC0%+25%+35%—
3HDFC Transportation and Logistics Fund HDFC+6%+7%+23%—
4Franklin Asian Equity FundFranklin Templeton−2%+33%+23%+8%
5Nippon India Japan Equity Fund Nippon India+6%+28%+22%+10%
6Aditya Birla Sun Life International Equity FundAditya Birla Sun Life+1%+17%+22%+12%
7Sbi Healthcare Opportunities Fund SBI+3%+20%+22%+17%
8UTI Healthcare FundUTI+2%+17%+21%+14%
9LIC MF Infrastructure FundLIC−2%+9%+21%+20%
10Icici Prudential Transportation and Logistics FundICICI Prudential+5%+6%+20%—
11Mirae Asset Healthcare FundMirae Asset+3%+19%+20%+14%
12Nippon India US Equity Opportunities Fund Nippon India+5%+15%+20%+11%
13BANK OF INDIA Manufacturing & Infrastructure FundBank of India+1%+17%+20%+19%
14Aditya Birla Sun Life Manufacturing Equity FundAditya Birla Sun Life+6%+22%+20%+14%
15LIC MF Healthcare FundLIC+3%+13%+19%—
16DSP Healthcare FundDSP+3%+16%+19%+14%
17Aditya Birla Sun Life Pharma and Healthcare FundAditya Birla Sun Life+2%+17%+19%+13%
18quant BFSI Fundquant−3%+11%+19%—
19quant Healthcare Fundquant+5%+20%+19%—
20Kotak Pioneer FundKotak Mahindra+2%+9%+19%+14%
21Franklin India Opportunities FundFranklin Templeton0%+3%+19%+17%
22Kotak Manufacture in India FundKotak Mahindra+6%+16%+18%—
23DSP India T.I.G.E.R. FundDSP−4%+12%+18%+20%
24ICICI Prudential PSU Equity FundICICI Prudential−3%+2%+17%—
25DSP Natural Resources And New Energy FundDSP0%+13%+17%+14%
26Axis Innovation FundAxis+10%+14%+17%+10%
27Aditya Birla Sun Life Special Opportunities FundAditya Birla Sun Life+1%+13%+17%+12%
28Tata India Pharma & Healthcare FundTata0%+8%+17%+13%
29ITI Pharma and Healthcare FundITI+2%+12%+17%—
30SBI PSU Fund SBI−6%+1%+17%+20%
31Nippon India Pharma Fund Nippon India0%+13%+17%+13%
32Invesco India Infrastructure FundInvesco−5%+5%+17%+17%
33Nippon India Power & Infra Fund Nippon India−4%+7%+17%+19%
34Bandhan Transportation and Logistics FundBandhan+2%+2%+16%—
35Union Innovation & Opportunities FundUnion+5%+10%+16%—
36ICICI Prudential Innovation FundICICI Prudential−1%+2%+16%—
37Canara Robeco Infrastructure FundCanara Robeco−6%0%+16%+17%
38Invesco India PSU Equity FundInvesco−5%−3%+16%+18%
39UTI-Transportation and Logistics FundUTI+2%−2%+16%+18%
40Kotak Infrastructure & Economic Reform FundKotak Mahindra−1%+9%+16%+18%
41Edelweiss Recently Listed IPO FundEdelweiss+5%+20%+16%+11%
42Aditya Birla Sun Life PSU Equity FundAditya Birla Sun Life−5%+4%+16%+20%
43ICICI Prudential Infrastructure FundICICI Prudential−5%+1%+16%+19%
44quant Infrastructure Fundquant−3%+8%+16%+16%
45Aditya Birla Sun Life Infrastructure FundAditya Birla Sun Life0%+13%+16%+16%
46ICICI Prudential US Bluechip Equity FundICICI Prudential+5%+14%+15%+12%
47Kotak Business CycleKotak Mahindra+1%+6%+15%—
48quant ESG Integration Strategy Fundquant−2%+19%+15%+16%
49Mahindra Manulife Business Cycle FundMahindra Manulife−3%+4%+14%—
50Invesco India Financial Services FundInvesco−6%+4%+14%+12%
51quant Manufacturing Fundquant−3%+13%+14%—
52Kotak Infrastructure & Economic Reform Fund - StandardKotak Mahindra−1%+7%+14%+16%
53HSBC Business Cycles FundHSBC0%+2%+14%—
54SBI COMMA Fund SBI−1%+9%+14%+9%
55HSBC Infrastructure FundHSBC−2%+8%+14%—
56Kotak Business Cycle FundKotak Mahindra+1%+4%+14%—
57Sundaram Infrastructure Advantage FundSundaram−7%+3%+14%+14%
58ICICI Prudential Commodities FundICICI Prudential0%+7%+14%+13%
59Samco Active Momentum FundSamco+6%+16%+14%—
60HSBC Consumption FundHSBC+3%+1%+14%—
61Franklin Build India FundFranklin Templeton−8%−3%+14%+16%
62BANDHAN Infrastructure FundBandhan−6%−3%+13%+15%
63Tata Resources & Energy FundTata−1%+5%+13%+10%
64Sbi Banking & Financial Services Fund SBI−6%−3%+13%+10%
65quant Quantamental Fundquant−6%+7%+13%+17%
66ICICI Prudential Exports & Services FundICICI Prudential−1%+1%+13%+12%
67ICICI Prudential Business Cycle FundICICI Prudential−6%−5%+13%+13%
68HDFC Infrastructure Fund HDFC−5%−4%+12%+17%
69Kotak Quant FundKotak Mahindra−3%−1%+12%—
70360 One Quant Fund360 ONE−1%−6%+12%—
71Tata India Consumer FundTata0%+2%+12%+11%
72Nippon India Innovation Fund Nippon India−1%0%+12%—
73Bandhan Financial Services FundBandhan−4%−1%+12%—
74Sundaram Services FundSundaram−1%+1%+12%+11%
75Nippon India Quant Fund Nippon India−4%−2%+12%+12%
76Baroda BNP Paribas Banking and Financial Services FundBaroda BNP Paribas−3%+1%+12%+10%
77Axis Business Cycles FundAxis0%+2%+11%—
78UTI Infrastructure FundUTI−5%0%+11%+12%
79Sbi Infrastructure Fund SBI−5%+1%+11%+15%
80Tata Infrastructure FundTata−4%+4%+11%+15%
81Aditya Birla Sun Life Business Cycle FundAditya Birla Sun Life0%+6%+11%—
82UTI Banking and Financial Services FundUTI−4%+1%+11%+10%
83Baroda BNP Paribas Business Cycle FundBaroda BNP Paribas−2%+2%+10%+9%
84ICICI Prudential Quant FundICICI Prudential0%−1%+10%+9%
85HDFC Banking & Financial Services Fund HDFC−5%+2%+10%+10%
86Sundaram Financial Services Opportunities FundSundaram−4%+3%+10%+11%
87Mirae Asset Banking and Financial Services FundMirae Asset−6%+1%+10%+10%
88ICICI Prudential ESG Exclusionary Strategy FundICICI Prudential−3%−8%+10%+8%
89Kotak Banking & Financial Services FundKotak Mahindra−7%+1%+9%—
90HDFC Business Cycle Fund HDFC0%+2%+9%—
91quant Business Cycle Fundquant−5%+4%+9%—
92Nippon India Banking & Financial Services Fund Nippon India−6%−1%+9%+11%
93Icici Prudential Housing Opportunities FundICICI Prudential−5%−4%+9%—
94Aditya Birla Sun Life ESG Integration Strategy FundAditya Birla Sun Life−2%−1%+9%+5%
95Tata Banking And Financial Services FundTata−5%−1%+9%+10%
96Tata Business Cycle FundTata−5%−2%+9%+12%
97ICICI Prudential MNC FundICICI Prudential−3%+4%+8%+10%
98ITI Banking and Financial Services FundITI−5%+2%+8%—
99Mirae Asset Great Consumer FundMirae Asset−2%−6%+8%+10%
100Canara Robeco Consumption FundCanara Robeco−2%−6%+8%+9%
101ICICI Prudential Banking and Financial Services FundICICI Prudential−5%−5%+8%+8%
102HDFC Consumption Fund HDFC−1%−9%+8%—
103UTI India Consumer FundUTI−3%−7%+8%+7%
104ICICI Prudential Bharat Consumption FundICICI Prudential−3%−7%+8%+11%
105Aditya Birla Sun Life Banking and Financial Services FundAditya Birla Sun Life−7%−1%+7%+9%
106HDFC Housing Opportunities Fund HDFC−5%−7%+7%+10%
107BARODA BNP PARIBAS India Consumption FundBaroda BNP Paribas−2%−9%+7%—
108UTI - MNC FundUTI−2%−3%+7%+7%
109Mahindra Manulife Consumption FundMahindra Manulife−2%−8%+7%+9%
110Sundaram Consumption Fund Formerly Known as Sundaram Rural and Consumption FundSundaram+1%−7%+7%+9%
111SBI ESG Exclusionary Strategy Fund SBI−4%−4%+7%+7%
112Nippon India Consumption Fund Nippon India−3%−9%+7%+10%
113Axis ESG Integration Strategy FundAxis−4%−5%+7%+4%
114Taurus Ethical FundTaurus−2%−3%+7%+7%
115Invesco India ESG Integration Strategy FundInvesco−1%−4%+7%+5%
116Franklin India Technology FundFranklin Templeton+3%−12%+7%+5%
117Aditya Birla Sun Life Consumption FundAditya Birla Sun Life−3%−9%+7%+8%
118Sbi Technology Opportunities Fund SBI+7%−9%+6%+5%
119Axis Quant FundAxis−5%−2%+6%+7%
120Kotak ESG Exclusionary Strategy FundKotak Mahindra−4%−7%+6%+5%
121Taurus Banking & Financial Services FundTaurus−6%−5%+6%+8%
122Sbi Mnc Fund SBI+2%+15%+6%+7%
123Taurus Infrastructure FundTaurus−9%−12%+6%+9%
124SBI Equity Minimum Variance Fund SBI−5%−5%+6%+7%
125HDFC MNC Fund HDFC0%+1%+6%—
126Quantum Esg Best In Class Strategy FundQuantum−2%−6%+5%+5%
127DSP Quant FundDSP−3%−5%+5%+3%
128Tata Housing Opportunities FundTata−4%−4%+5%—
129LIC MF Banking and Financial Services FundLIC−6%−2%+5%+8%
130Aditya Birla Sun Life MNC FundAditya Birla Sun Life−4%−9%+5%+4%
131ICICI Prudential Technology FundICICI Prudential+5%−11%+4%+2%
132HDFC Technology Fund HDFC+4%−14%+3%—
133Sbi Consumption Opportunities Fund SBI−5%−12%+3%+10%
134Tata Ethical FundTata−2%−9%+3%+4%
135Aditya Birla Sun Life Digital India FundAditya Birla Sun Life+8%−8%+2%+2%
136Tata Digital India FundTata+3%−14%+2%+1%
137quant Teck Fundquant−1%−8%+1%—
138ICICI Prudential FMCG FundICICI Prudential−7%−19%−5%+3%
139Samco Flexi Cap FundSamco−6%−7%−5%—
140Aditya Birla Sun Life Conglomerate Fundsince Dec 2024Aditya Birla Sun Life−5%−2%——
141Aditya Birla Sun Life Quant Fundsince Jul 2024Aditya Birla Sun Life−3%+3%——
142Aditya Birla Sun Life Transportation and Logistics Fundsince Nov 2023Aditya Birla Sun Life+9%+13%——
143Axis Consumption Fundsince Sep 2024Axis−3%−9%——
144Axis India Manufacturing Fundsince Dec 2023Axis+4%+13%——
145Axis Momentum Fundsince Dec 2024Axis−2%−3%——
146Axis Services Opportunities Fundsince Jul 2025Axis−5%−6%——
147Bajaj Finserv Banking and Financial Services Fundsince Dec 2025Bajaj Finserv−6%———
148Bajaj Finserv Consumption Fundsince Dec 2024Bajaj Finserv−1%−7%——
149Bajaj Finserv Healthcare Fundsince Dec 2024Bajaj Finserv+5%+21%——
150Bandhan Business Cycle Fundsince Oct 2024Bandhan−3%−5%——
151Bandhan Healthcare Fundsince Dec 2025Bandhan+2%———
152Bandhan Innovation Fundsince May 2024Bandhan+7%+18%——
153Bandhan Multi-Factor Fundsince Aug 2025Bandhan−8%−7%——
154Bank of India Banking & Financial Services Fundsince Feb 2026Bank of India−8%———
155Bank of India Business Cycle Fundsince Sep 2024Bank of India+1%+4%——
156Bank of India Consumption Fundsince Dec 2024Bank of India0%−3%——
157Baroda BNP Paribas Best-in-Class Strategy Fundsince Mar 2026Baroda BNP Paribas−4%———
158Baroda BNP Paribas Business Conglomerates Fundsince Sep 2025Baroda BNP Paribas−3%−6%——
159Baroda BNP Paribas Energy Opportunities Fundsince Feb 2025Baroda BNP Paribas−7%−2%——
160Baroda BNP Paribas Health and Wellness Fundsince Jul 2025Baroda BNP Paribas+2%+11%——
161Baroda BNP Paribas Innovation Fundsince Mar 2024Baroda BNP Paribas+1%+10%——
162Baroda BNP Paribas Manufacturing Fundsince Jul 2024Baroda BNP Paribas−2%+10%——
163Baroda BNP Paribas Services Fundsince Aug 2026Baroda BNP Paribas————
164Canara Robeco Banking and Financials Services Fundsince Mar 2026Canara Robeco−4%———
165Canara Robeco Manufacturing Fundsince Mar 2024Canara Robeco0%+10%——
166DSP Banking & Financial Services Fundsince Dec 2023DSP−4%+6%——
167DSP Business Cycle Fundsince Dec 2024DSP−5%−1%——
168Edelweiss Business Cycle Fundsince Jul 2024Edelweiss0%+2%——
169Edelweiss Consumption Fundsince Feb 2025Edelweiss−3%−7%——
170Edelweiss Financial Services Fundsince Feb 2026Edelweiss−7%———
171Edelweiss Technology Fundsince Mar 2024Edelweiss+6%+5%——
172Franklin India Multi-Factor Fundsince Nov 2025Franklin Templeton−6%———
173Groww Banking & Financial Services Fundsince Feb 2024Groww−1%+10%——
174Hdfc Innovation Fund since Jul 2025HDFC+7%+15%——
175HDFC Manufacturing fund since May 2024HDFC+2%+6%——
176HDFC Pharma and Healthcare Fund since Oct 2023HDFC+4%+26%——
177Helios Financial Services Fundsince Jun 2024Helios−4%−3%——
178HSBC Financial Services Fundsince Mar 2025HSBC−6%+5%——
179HSBC India Export Opportunities Fundsince Sep 2024HSBC+7%+20%——
180ICICI Prudential Active Momentum Fundsince Jul 2025ICICI Prudential−2%+6%——
181ICICI Prudential Conglomerate Fundsince Oct 2025ICICI Prudential−1%———
182Icici Prudential Energy Opportunities Fundsince Jul 2024ICICI Prudential−4%+10%——
183ICICI Prudential Equity Minimum Variance Fundsince Dec 2024ICICI Prudential−3%−4%——
184ICICI Prudential Quality Fundsince May 2025ICICI Prudential0%+2%——
185ICICI Prudential Rural Opportunities Fundsince Jan 2025ICICI Prudential−5%−9%——
186Invesco India Business Cycle Fundsince Mar 2025Invesco−2%+11%——
187Invesco India Consumption Fundsince Oct 2025Invesco+4%———
188Invesco India Manufacturing Fundsince Aug 2024Invesco+5%+14%——
189Invesco India Pharma and Healthcare Fundsince Sep 2026Invesco————
190Invesco India Technology Fundsince Sep 2024Invesco+4%−1%——
191ITI Bharat Consumption Fundsince Mar 2025ITI+1%−1%——
192ITI Business Cycle Fundsince Mar 2026ITI+1%———
193JioBlackRock Sector Rotation Fundsince Aug 2026Jio BlackRock————
194Kotak Active Momentum Fundsince Aug 2025Kotak Mahindra0%+6%——
195Kotak Consumption Fundsince Nov 2023Kotak Mahindra−2%−3%——
196Kotak Energy Opportunities Fundsince May 2025Kotak Mahindra−4%+1%——
197Kotak Healthcare Fundsince Dec 2023Kotak Mahindra+5%+28%——
198Kotak MNC Fundsince Oct 2024Kotak Mahindra0%+18%——
199Kotak Rural Opportunities Fundsince Dec 2025Kotak Mahindra−3%———
200Kotak Services Fundsince Mar 2026Kotak Mahindra−3%———
201Kotak Special Opportunities Fundsince Jul 2024Kotak Mahindra+6%+18%——
202Kotak Technology Fundsince Mar 2024Kotak Mahindra+7%−10%——
203Kotak Transportation & Logistics Fundsince Dec 2024Kotak Mahindra+7%+5%——
204LIC MF Consumption Fundsince Nov 2025LIC−3%———
205LIC MF Manufacturing Fundsince Oct 2024LIC0%+14%——
206LIC MF Technology Fundsince Mar 2026LIC+2%———
207Mahindra Manulife Banking & Financial Services Fundsince Jul 2025Mahindra Manulife−5%+3%——
208Mahindra Manulife Innovation Opportunities Fundsince Feb 2026Mahindra Manulife−3%———
209Mahindra Manulife Manufacturing Fundsince Jun 2024Mahindra Manulife0%+7%——
210Mirae Asset Infrastructure Fundsince Dec 2025Mirae Asset0%———
211Motilal Oswal Active Momentum Fundsince Mar 2025Motilal Oswal+5%+29%——
212Motilal Oswal Business Cycle Fundsince Sep 2024Motilal Oswal+8%+1%——
213Motilal Oswal Consumption Fundsince Oct 2025Motilal Oswal+12%———
214Motilal Oswal Digital India Fundsince Nov 2024Motilal Oswal+18%+5%——
215Motilal Oswal Financial Services Fundsince Feb 2026Motilal Oswal−2%———
216Motilal Oswal Infrastructure Fundsince May 2025Motilal Oswal−3%+7%——
217Motilal Oswal Innovation Opportunities Fundsince Feb 2025Motilal Oswal+1%+13%——
218Motilal Oswal Manufacturing Fundsince Aug 2024Motilal Oswal0%0%——
219Motilal Oswal Quality Fundsince Sep 2026Motilal Oswal————
220Motilal Oswal Quant Fundsince Jun 2024Motilal Oswal−3%−4%——
221Motilal Oswal Services Fundsince Jun 2025Motilal Oswal+5%+14%——
222Motilal Oswal Special Opportunities Fundsince Aug 2025Motilal Oswal+8%+23%——
223Motilal Owsal Manufacturing Fundsince Aug 2024Motilal Oswal−1%−1%——
224Nippon India Active Momentum Fund since Mar 2025Nippon India−3%+7%——
225Nippon India MNC Fund since Jul 2025Nippon India−5%−3%——
226NJ Momentum Fundsince Aug 2026NJ————
227PGIM India Healthcare Fundsince Dec 2024PGIM India+5%+24%——
228quant Commodities Fundsince Dec 2023quant−6%+10%——
229quant Consumption Fundsince Jan 2024quant−2%+2%——
230quant Momentum Fundsince Nov 2023quant−5%+7%——
231quant PSU Fundsince Feb 2024quant−6%0%——
232Quantum Ethical Fundsince Dec 2024Quantum+1%−2%——
233Samco Special Opportunities Fundsince Jun 2024Samco+5%+6%——
234SBI Automotive Opportunities Fund since Jun 2024SBI+8%+23%——
235SBI Energy Opportunities Fund since Mar 2024SBI−5%+1%——
236SBI Innovative Opportunities Fund since Aug 2024SBI+7%+7%——
237SBI Quality Fund since Feb 2026SBI+2%———
238SBI Quant Fund since Dec 2024SBI−6%−6%——
239Shriram Multi Sector Rotation Fundsince Dec 2024Shriram−4%0%——
240Sundaram Business Cycle Fundsince Jun 2024Sundaram0%+1%——
241Sundaram Multi-Factor Fundsince Jul 2025Sundaram−4%−7%——
242Tata India Innovation Fundsince Dec 2024Tata0%+1%——
243the Wealth Company Ethical Fundsince Oct 2025The Wealth Company−3%———
244Union Active Momentum Fundsince Dec 2024Union+3%+19%——
245Union Business Cycle Fundsince Mar 2024Union−3%+2%——
246Union Consumption Fundsince Dec 2025Union−1%———
247UTI Innovation Fundsince Oct 2023UTI+1%−4%——
248UTI Quant Fundsince Jan 2025UTI−3%−4%——
249WhiteOak Capital Banking & Financial Services Fundsince Feb 2024WhiteOak Capital−5%0%——
250WhiteOak Capital Consumption Opportunities Fundsince Feb 2026WhiteOak Capital−1%———
251WhiteOak Capital Digital Bharat Fundsince Oct 2024WhiteOak Capital+3%−4%——
252WhiteOak Capital ESG Best-In-Class Strategy Fundsince Oct 2024WhiteOak Capital−3%−7%——
253WhiteOak Capital Pharma and Heathcare Fundsince Feb 2024WhiteOak Capital+3%+22%——
254WhiteOak Capital Quality Equity Fundsince Jan 2025WhiteOak Capital−2%−5%——
255WhiteOak Capital Special Opportunities Fundsince Jun 2024WhiteOak Capital+2%+11%——

Joined and left since last quarter

Joined Sectoral / Thematic

  • Baroda BNP Paribas Services Fund
  • Invesco India Pharma and Healthcare Fund
  • Motilal Oswal Quality Fund
  • NJ Momentum Fund