Best Sectoral/Thematic funds in India

269 sectoral/thematic funds in India, of which 95 meet the eligibility criteria, ranked on 5Y return. What compounds over 5–10 years?

Ranked on 5-year annualised return (CAGR), because the question is a 5–10 year one. Funds younger than 5 years are listed after those with a 5-year record. Past performance does not predict future returns.

Sectoral/Thematic funds ranked by 5Y return

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1Aditya Birla Sun Life PSU Equity Fund-Direct Plan-GrowthPlatinum+24.78%+15.46%+24.49%+32.93%100%-33.8%₹5,986 Cr0.71%
2SBI PSU Fund - DIRECT PLAN - GROWTHGold+24.69%+12.11%+24.80%+10.53%34%-47.1%₹6,678 Cr0.86%
3LIC MF Infrastructure Fund-Direct Plan-GrowthGold+23.98%+17.29%+27.41%+15.50%45%-39.6%₹1,145 Cr1.34%
4ICICI Prudential Infrastructure Fund - Direct Plan - GrowthSilver+23.41%+7.06%+20.43%+18.31%52%-46.8%₹8,523 Cr1.30%
5Invesco India PSU Equity Fund - Direct Plan - GrowthGold+23.03%+9.02%+23.99%+18.23%52%-33.4%₹1,455 Cr1.25%
6DSP India T.I.G.E.R. Fund - Direct Plan - GrowthPlatinum+23.01%+19.33%+23.35%+19.34%53%-46.9%₹6,325 Cr1.06%
7Nippon India Power & Infra Fund - Direct Plan Growth Plan - Growth OptionPlatinum+22.98%+15.54%+22.53%+18.24%51%-53.2%₹8,042 Cr1.13%
8BANK OF INDIA Manufacturing & Infrastructure Fund-Direct Plan-GrowthPlatinum+22.53%+25.09%+25.15%+20.53%57%-43.5%₹893 Cr1.03%
9UTI-Transportation and Logistics Fund-Growth Option- DirectPlatinum+22.17%+16.17%+21.69%+19.82%54%-56.9%₹4,263 Cr0.87%
10CANARA ROBECO INFRASTRUCTURE FUND - DIRECT PLAN - GROWTH OPTIONSilver+21.55%+8.54%+22.62%+21.40%56%-44.1%₹989 Cr1.11%
11Invesco India Infrastructure Fund - Direct Plan - Growth OptionGold+21.24%+12.10%+23.46%+22.87%61%-36.2%₹1,540 Cr1.19%
12ICICI Prudential Manufacturing Fund - Direct Plan - Cumulative OptionPlatinum+20.87%+18.03%+23.16%+26.09%98%-37.6%₹7,148 Cr1.21%
13HDFC Infrastructure Fund - Growth Option - Direct Plan+20.80%+1.23%+17.31%+13.16%41%-63.1%₹2,375 Cr1.34%
14Franklin Build India Fund - Direct - Growth+20.66%+4.41%+20.03%+21.69%62%-42.8%₹3,199 Cr1.13%
15Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth OptionGold+20.57%+12.44%+18.20%+19.31%55%-46.0%₹2,430 Cr0.84%
16quant ESG Integration Strategy Fund - Growth Option - Direct PlanPlatinum+20.17%+26.90%+18.43%+21.58%72%-25.1%₹319 Cr1.87%
17quant Infrastructure Fund - Growth Option-Direct PlanGold+20.09%+14.99%+20.15%+18.81%54%-46.0%₹3,146 Cr1.09%
18ICICI Prudential India Opportunities Fund - Direct Plan - Cumulative Option+19.98%+5.68%+17.20%+26.60%97%-40.1%₹38,299 Cr0.91%
19quant Quantamental Fund - Growth Option - Direct PlanPlatinum+19.97%+15.25%+17.81%+23.58%97%-23.3%₹1,642 Cr1.60%
20Franklin India Opportunities Fund - Direct - GrowthGold+19.74%+8.48%+23.26%+19.06%54%-39.3%₹9,344 Cr0.92%
21Aditya Birla Sun Life Infrastructure Fund - Growth - Direct PlanGold+19.61%+17.42%+20.08%+18.99%53%-53.5%₹1,231 Cr1.53%
22SBI HEALTHCARE OPPORTUNITIES FUND - DIRECT PLAN -GROWTHPlatinum+19.17%+21.56%+24.69%+20.84%61%-30.5%₹5,400 Cr1.02%
23SBI INFRASTRUCTURE FUND - DIRECT PLAN - GROWTHSilver+18.19%+8.32%+16.76%+18.86%53%-42.1%₹4,931 Cr1.18%
24Tata Infrastructure Fund -Direct Plan -Growth Option+18.07%+10.17%+15.50%+17.97%51%-42.5%₹2,072 Cr1.23%
25Sundaram Infrastructure Advantage Fund Direct Plan - GrowthBronze+17.93%+10.52%+19.03%+17.13%49%-50.6%₹979 Cr1.77%
26BANDHAN Infrastructure Fund-Direct Plan-Growth+17.87%+3.09%+18.40%+19.80%58%-56.9%₹1,500 Cr1.03%
27ICICI Prudential Business Cycle Fund Direct Plan GrowthGold+17.25%+3.70%+17.31%+23.67%96%-14.4%₹16,123 Cr0.97%
28Kotak Pioneer Fund- Direct Plan- Growth OptionGold+17.21%+14.54%+21.83%+22.14%95%-35.7%₹4,023 Cr0.63%
29ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund - Direct Plan - Cumulative OptionGold+16.95%+9.04%+23.47%+25.31%89%-20.6%₹6,803 Cr1.32%
30UTI Healthcare Fund - Direct Plan - Growth OptionPlatinum+16.82%+16.87%+24.66%+17.73%50%-27.1%₹1,371 Cr1.27%
31Aditya Birla Sun Life Manufacturing Equity Fund - Direct Plan - GrowthPlatinum+16.59%+29.97%+23.14%+15.35%36%-39.2%₹1,288 Cr1.43%
32DSP Healthcare Fund - Direct Plan - GrowthPlatinum+16.50%+16.10%+22.23%+22.90%90%-21.7%₹3,639 Cr0.73%
33DSP Natural Resources and New Energy Fund - Direct Plan - GrowthPlatinum+16.45%+24.58%+21.55%+22.00%73%-48.0%₹2,441 Cr1.03%
34Tata India Consumer Fund-Direct Plan-GrowthGold+16.30%+10.80%+17.08%+18.75%57%-32.5%₹2,815 Cr0.92%
35Mirae Asset Healthcare Fund - Direct Plan - GrowthPlatinum+16.26%+18.56%+23.25%+23.24%85%-20.0%₹3,442 Cr0.62%
36Aditya Birla Sun Life Special Opportunities Fund-Direct-GrowthPlatinum+15.90%+20.12%+21.10%+19.98%81%-20.3%₹1,263 Cr1.26%
37Sundaram Services Fund Direct Plan - GrowthSilver+15.71%+9.41%+16.65%+21.83%82%-39.6%₹5,137 Cr0.84%
38ICICI Prudential Bharat Consumption Fund - Direct Plan - Growth OptionBronze+15.67%+3.68%+12.94%+19.52%68%-31.3%₹3,269 Cr1.32%
39Tata Business Cycle Fund-Direct Plan-GrowthSilver+15.62%+5.06%+14.41%+20.17%82%-20.0%₹2,634 Cr0.89%
40ICICI Prudential Exports & Services Fund - Direct Plan - Growth+15.50%+6.57%+16.85%+18.64%55%-37.5%₹1,487 Cr1.79%
41Tata India Pharma & Healthcare Fund-Direct Plan-GrowthGold+15.48%+9.93%+20.36%+21.24%69%-19.8%₹1,541 Cr1.01%
42Invesco India Financial Services Fund - Direct Plan - GrowthBronze+15.32%+8.94%+19.85%+18.65%56%-42.4%₹1,845 Cr0.94%
43Aditya Birla Sun Life Pharma and Healthcare Fund-Direct-GrowthPlatinum+15.28%+17.56%+22.55%+19.80%68%-20.5%₹1,074 Cr1.02%
44Nippon India Consumption Fund - Direct Plan Growth Plan - Growth OptionBronze+15.19%+2.18%+12.68%+16.78%47%-31.0%₹2,514 Cr0.91%
45Mirae Asset Great Consumer Fund - Direct Plan - Growth+15.18%+4.46%+14.00%+18.49%57%-35.5%₹4,732 Cr0.65%
46UTI Infrastructure Fund-Growth Option- Direct+14.98%+6.17%+15.92%+14.93%41%-42.8%₹2,158 Cr1.90%
47Sundaram Financial Services Opportunities Fund Direct Plan - Growth+14.97%+10.54%+14.93%+16.45%41%-43.2%₹1,679 Cr0.92%
48Nippon India Quant Fund - Direct Plan Growth Plan - Growth OptionSilver+14.78%+7.09%+16.40%+13.78%38%-32.8%₹117 Cr0.86%
49ICICI Prudential Commodities Fund - Direct Plan - Growth OptionGold+14.56%+15.00%+18.00%+22.76%88%-41.2%₹4,106 Cr1.04%
50Nippon India Pharma Fund - Direct Plan Growth Plan - Growth OptionGold+14.47%+11.30%+19.18%+19.96%59%-24.0%₹9,279 Cr1.00%
51SBI CONSUMPTION OPPORTUNITIES FUND - DIRECT PLAN - GROWTH+14.36%-2.28%+8.31%+17.41%47%-35.4%₹2,959 Cr1.13%
52Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option+14.20%+5.15%+13.73%+16.40%44%-50.6%₹7,774 Cr1.05%
53Mirae Asset Banking and Financial Services Fund - Direct Plan - GrowthBronze+13.75%+7.34%+14.26%+17.67%50%-21.0%₹2,306 Cr0.72%
54CANARA ROBECO CONSUMPTION FUND - DIRECT PLAN - GROWTH OPTION+13.68%+1.91%+13.50%+18.20%55%-34.7%₹1,998 Cr0.93%
55SBI BANKING & FINANCIAL SERVICES FUND - DIRECT PLAN - GROWTH+13.58%+3.88%+17.18%+17.21%46%-43.8%₹10,872 Cr1.16%
56Sundaram Consumption Fund (Formerly Known as Sundaram Rural and Consumption Fund Direct Plan - Growth)+13.58%+2.20%+12.46%+17.37%48%-35.7%₹1,495 Cr1.69%
57Tata Resources & Energy Fund-Direct Plan-GrowthGold+13.51%+12.45%+18.26%+19.74%61%-33.2%₹1,421 Cr0.84%
58Baroda BNP Paribas Banking and Financial Services Fund - Direct - Growth Option+13.50%+7.44%+16.21%+14.10%24%-42.8%₹437 Cr1.08%
59ICICI Prudential MNC Fund - Direct Plan - Growth OptionGold+13.50%+15.22%+13.66%+19.89%58%-30.7%₹1,806 Cr1.19%
60Edelweiss Recently Listed IPO Fund Direct Plan GrowthPlatinum+13.39%+23.37%+18.63%+19.20%61%-32.3%₹1,104 Cr1.13%
61HDFC Banking & Financial Services Fund - Growth Option - Direct PlanBronze+13.36%+8.74%+14.22%+16.99%39%-21.7%₹4,630 Cr0.96%
62Tata Banking And Financial Services Fund-Direct Plan-Growth+13.32%+6.71%+13.29%+16.42%39%-41.6%₹3,181 Cr0.93%
63Mahindra Manulife Consumption Fund - Direct Plan -Growth+13.23%+3.13%+12.77%+17.94%53%-34.0%₹502 Cr1.09%
64ICICI Prudential US Bluechip Equity Fund - Direct Plan - GrowthPlatinum+13.21%+23.22%+16.47%+15.04%26%-24.6%₹3,821 Cr1.18%
65Axis Innovation Fund - Direct Plan - Growth OptionGold+13.18%+16.78%+18.82%+16.20%27%-23.6%₹1,257 Cr1.39%
66HDFC Housing Opportunities Fund - Growth Option - Direct Plan+12.87%-0.78%+12.65%+17.62%50%-42.2%₹1,173 Cr1.39%
67UTI Banking and Financial Services Fund - Direct Plan - Growth Option+12.76%+6.81%+14.49%+14.54%29%-49.0%₹1,440 Cr1.39%
68Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth+12.12%+6.90%+12.02%+16.20%40%-47.5%₹3,648 Cr1.15%
69ICICI Prudential Quant Fund Direct Plan Growth+11.97%+4.89%+13.79%+17.69%50%-16.5%₹159 Cr2.08%
70Aditya Birla Sun Life Consumption Fund - Growth - Direct Plan+11.82%-0.12%+11.23%+17.48%48%-34.5%₹6,154 Cr0.94%
71SBI COMMA Fund - DIRECT PLAN - GrowthSilver+11.77%+15.75%+18.26%+17.43%48%-40.8%₹1,185 Cr1.47%
72ICICI Prudential ESG Exclusionary Strategy Fund - Direct Plan - Growth+11.48%+0.43%+14.06%+18.14%62%-19.2%₹1,365 Cr1.14%
73UTI India Consumer Fund - Direct Plan - Growth Option+11.46%+6.34%+13.46%+12.48%14%-29.7%₹735 Cr1.59%
74LIC MF Banking and Financial Services Fund-Direct Plan-Growth+11.44%+6.37%+9.50%+10.86%12%-44.8%₹270 Cr1.64%
75Taurus Ethical Fund - Direct Plan - Growth+11.26%+6.78%+12.78%+15.51%35%-29.4%₹434 Cr1.37%
76Axis Quant Fund - Direct Plan - Growth+11.06%+8.15%+11.57%+14.63%20%-23.0%₹853 Cr2.78%
77UTI - MNC Fund - Growth Option - Direct+10.57%+8.50%+11.83%+13.05%18%-31.6%₹2,765 Cr1.39%
78SBI Equity Minimum Variance Fund - Direct Plan - Growth+10.51%+3.09%+9.37%+17.19%45%-33.0%₹215 Cr0.55%
79ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth+10.30%-1.33%+10.93%+15.88%40%-47.8%₹11,229 Cr1.24%
80Aditya Birla Sun Life ESG Integration Strategy Fund-Direct Plan-Growth+10.07%+6.85%+13.30%+14.19%8%-26.2%₹584 Cr1.42%
81SBI MNC FUND - DIRECT PLAN -GROWTHGold+10.06%+19.07%+9.13%+12.99%32%-27.5%₹6,481 Cr1.39%
82SBI ESG Exclusionary Strategy Fund - Direct Plan -Growth+9.99%+4.01%+11.22%+14.19%21%-36.7%₹5,470 Cr1.38%
83Franklin Asian Equity Fund - Direct - GrowthGold+9.62%+43.46%+22.99%+8.78%4%-40.2%₹954 Cr1.61%
84Invesco India ESG Integration Strategy Fund - Direct Plan - Growth+9.41%+2.60%+11.59%+14.31%9%-22.8%₹396 Cr1.29%
85Franklin India Technology Fund - Direct - Growth+9.39%-1.75%+12.16%+17.91%51%-30.8%₹1,754 Cr1.17%
86Kotak ESG Exclusionary Strategy Fund - Direct Plan - Growth Option+9.29%+3.37%+11.77%+14.56%6%-21.9%₹757 Cr1.16%
87SBI TECHNOLOGY OPPORTUNITIES FUND - DIRECT PLAN - GROWTH+8.82%-2.11%+11.38%+16.91%48%-29.9%₹4,592 Cr1.03%
88Tata Ethical Fund -Direct Plan- Growth Option+8.57%+0.88%+7.36%+13.60%38%-29.5%₹3,865 Cr0.85%
89Axis ESG Integration Strategy Fund - Direct Plan - Growth Option+7.66%+1.73%+10.55%+13.34%10%-24.3%₹1,083 Cr1.79%
90ICICI Prudential FMCG Fund - Direct Plan - Growth+7.61%-11.11%-1.17%+13.95%19%-29.6%₹1,631 Cr1.68%
91Aditya Birla Sun Life MNC Fund - Growth - Direct Plan+7.56%+0.91%+10.08%+11.46%18%-32.4%₹3,293 Cr1.43%
92DSP Quant Fund - Direct Plan - Growth+7.25%+4.52%+8.86%+12.40%14%-32.7%₹766 Cr1.08%
93Tata Digital India Fund-Direct Plan-Growth+6.17%-5.62%+8.14%+20.69%60%-33.3%₹10,214 Cr0.67%
94Aditya Birla Sun Life Digital India Fund - Growth - Direct Plan+6.02%-1.37%+7.22%+16.55%45%-34.5%₹4,022 Cr1.02%
95ICICI Prudential Technology Fund - Direct Plan - Growth+5.80%-3.02%+8.93%+15.77%43%-35.1%₹13,540 Cr1.22%

Badges are our own quality tiers — Platinum (top 10%), Gold (25%), Silver (50%), Bronze (75%) — scored within each sub-category, so they compare a fund with its peers and not with funds of a different type. “3Y typical” is the median annualised return across every 3-year holding period the fund has lived through, not a single 3-year figure; “3Y loss odds” is the share of those periods that ended down. “Beat peers” is the share in which it beat its category's median, and “worst fall” is its deepest peak-to-trough drop. Open a fund for the full distribution. Click any column heading to re-sort — including the fund name, which groups a house’s funds together. Funds with no value for a column sort last. Returns over 1 year are annualised (CAGR). Past performance does not indicate future returns. Eligibility: Direct, Growth only, minimum AUM ₹100 Cr, at least 5 year(s) old. Past performance. Returns for 3y/5y are annualised (CAGR) and are withheld where the NAV series does not support the period.

Sectoral/Thematic funds — FAQs
What horizon suits equity funds?

Equity funds are volatile over short periods, so they are generally considered for horizons of five years or more. Over shorter spans the range of outcomes is wide enough that the average return is a poor guide.

What do large, mid and small cap mean?

SEBI defines them by market-capitalisation rank: the top 100 listed companies are large cap, ranks 101–250 are mid cap, and 251 onward are small cap. Categories differ in how much they must hold in each band, which drives most of the difference in volatility.

Should I pick the fund with the highest past return?

Past return alone is a weak signal — it reflects the period measured as much as the fund. Consistency across rolling periods, behaviour in falling markets, cost, and whether the fund still follows the mandate you signed up for all matter. Past performance does not indicate future returns.