Best Sectoral/Thematic funds in India

249 sectoral/thematic funds in India, of which 96 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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1	Aditya Birla Sun Life PSU Equity Fund-Direct Plan-GrowthPlatinum	+20.09%	-0.51%	+18.24%	+32.49%	99%	-33.8%	₹5,775 Cr	0.76%
2	LIC MF Infrastructure Fund-Direct Plan-GrowthGold	+19.94%	+0.74%	+20.55%	+15.88%	46%	-39.6%	₹1,153 Cr	1.29%
3	BANK OF INDIA Manufacturing & Infrastructure Fund-Direct Plan-GrowthPlatinum	+19.62%	+7.69%	+20.09%	+20.78%	58%	-43.5%	₹984 Cr	0.94%
4	SBI PSU Fund - DIRECT PLAN - GROWTH	+19.53%	-5.21%	+19.15%	+11.12%	35%	-47.1%	₹6,354 Cr	0.97%
5	DSP India T.I.G.E.R. Fund - Direct Plan - GrowthGold	+19.26%	+3.64%	+18.01%	+19.34%	53%	-46.9%	₹6,265 Cr	1.06%
6	Invesco India PSU Equity Fund - Direct Plan - Growth	+17.77%	-8.97%	+17.03%	+18.23%	52%	-33.4%	₹1,361 Cr	1.22%
7	Nippon India Power & Infra Fund - Direct Plan Growth Plan - Growth OptionBronze	+17.73%	-2.75%	+15.50%	+18.13%	51%	-53.2%	₹7,867 Cr	1.11%
8	ICICI Prudential Infrastructure Fund - Direct Plan - Growth	+17.59%	-9.34%	+14.36%	+18.14%	51%	-46.8%	₹8,227 Cr	1.31%
9	SBI HEALTHCARE OPPORTUNITIES FUND - DIRECT PLAN -GROWTHPlatinum	+17.51%	+8.45%	+21.84%	+21.05%	61%	-30.5%	₹5,870 Cr	1.01%
10	CANARA ROBECO INFRASTRUCTURE FUND - DIRECT PLAN - GROWTH OPTION	+17.13%	-6.69%	+16.62%	+21.09%	57%	-44.1%	₹921 Cr	1.18%
11	quant Quantamental Fund - Growth Option - Direct PlanGold	+17.03%	-1.05%	+13.99%	+23.08%	90%	-23.3%	₹1,547 Cr	1.55%
12	Kotak Infrastructure and Economic Reform Fund - Growth Option - Direct PlanGold	+16.67%	-1.60%	+14.24%	+18.95%	54%	-46.0%	₹2,334 Cr	0.85%
13	UTI-Transportation and Logistics Fund-Growth Option- Direct	+16.63%	-8.02%	+15.01%	+19.55%	54%	-56.9%	₹4,094 Cr	0.98%
14	ICICI Prudential Manufacturing Fund - Direct Plan - Cumulative OptionGold	+16.61%	-1.13%	+16.87%	+25.81%	97%	-37.6%	₹6,918 Cr	1.20%
15	quant ESG Integration Strategy Fund - Growth Option - Direct PlanPlatinum	+16.49%	+9.61%	+16.15%	+20.91%	69%	-25.1%	₹328 Cr	1.79%
16	Aditya Birla Sun Life Infrastructure Fund - Growth - Direct PlanPlatinum	+16.24%	+5.36%	+15.24%	+18.67%	53%	-53.5%	₹1,220 Cr	1.50%
17	HDFC Infrastructure Fund - Growth Option - Direct Plan	+16.12%	-11.64%	+11.06%	+13.20%	41%	-63.1%	₹2,251 Cr	1.33%
18	Invesco India Infrastructure Fund - Direct Plan - Growth OptionSilver	+16.06%	-4.38%	+15.99%	+22.76%	61%	-36.2%	₹1,489 Cr	1.18%
19	Franklin Build India Fund - Direct - Growth	+15.47%	-9.87%	+13.34%	+21.43%	61%	-42.8%	₹3,024 Cr	1.14%
20	ICICI Prudential Healthcare Fund - Cumulative - Direct PlanPlatinum	+15.28%	-0.84%	+20.03%	+25.15%	89%	-20.6%	₹6,803 Cr	1.32%
21	DSP Healthcare Fund - Direct Plan - GrowthPlatinum	+15.15%	+9.14%	+19.67%	+22.79%	90%	-21.7%	₹3,750 Cr	0.75%
22	Franklin India Opportunities Fund - Direct - GrowthSilver	+15.15%	-7.79%	+17.52%	+19.19%	54%	-39.3%	₹9,577 Cr	0.87%
23	Mirae Asset Healthcare Fund - Direct Plan - GrowthPlatinum	+15.01%	+10.01%	+21.06%	+23.22%	86%	-20.0%	₹3,494 Cr	0.62%
24	UTI Healthcare Fund - Direct Plan - Growth OptionPlatinum	+14.90%	+6.98%	+21.12%	+17.95%	51%	-27.1%	₹1,430 Cr	1.35%
25	ICICI Prudential India Opportunities Fund - Direct Plan - Cumulative Option	+14.89%	-7.21%	+12.60%	+26.06%	94%	-40.1%	₹36,469 Cr	0.92%
26	quant Infrastructure Fund - Growth Option-Direct PlanGold	+14.89%	-1.77%	+16.15%	+18.59%	53%	-46.0%	₹3,076 Cr	1.08%
27	BANDHAN Infrastructure Fund-Direct Plan-Growth	+14.60%	-10.39%	+13.00%	+19.60%	57%	-56.9%	₹1,393 Cr	1.06%
28	SBI INFRASTRUCTURE FUND - DIRECT PLAN - GROWTH	+14.19%	-5.52%	+10.86%	+18.52%	52%	-42.1%	₹4,701 Cr	1.19%
29	DSP Natural Resources and New Energy Fund - Direct Plan - GrowthPlatinum	+14.07%	+7.74%	+18.36%	+21.86%	73%	-48.0%	₹2,528 Cr	1.00%
30	Tata Infrastructure Fund -Direct Plan -Growth Option	+13.85%	-4.12%	+10.43%	+17.72%	50%	-42.5%	₹1,982 Cr	1.23%
31	Tata India Pharma & Healthcare Fund-Direct Plan-GrowthGold	+13.62%	-1.58%	+16.83%	+21.12%	69%	-19.8%	₹1,511 Cr	1.10%
32	Aditya Birla Sun Life Manufacturing Equity Fund - Direct Plan - GrowthPlatinum	+13.61%	+8.11%	+18.50%	+15.53%	37%	-39.2%	₹1,386 Cr	1.38%
33	Aditya Birla Sun Life Pharma and Healthcare Fund-Direct-GrowthPlatinum	+13.46%	+7.96%	+19.08%	+19.93%	70%	-20.5%	₹1,078 Cr	1.07%
34	Kotak Pioneer Fund- Direct Plan- Growth OptionPlatinum	+13.38%	+3.56%	+18.91%	+21.98%	95%	-35.7%	₹4,295 Cr	0.63%
35	Sundaram Infrastructure Advantage Fund (Erstwhile Sundaram Capex Opportunities) - GROWTH - Direct Plan	+13.14%	-4.36%	+13.50%	+16.91%	48%	-50.6%	₹922 Cr	1.81%
36	ICICI Prudential US Bluechip Equity Fund - Direct Plan - GrowthPlatinum	+13.01%	+19.70%	+20.10%	+15.13%	26%	-24.6%	₹3,797 Cr	1.18%
37	ICICI Prudential Business Cycle Fund Direct Plan GrowthGold	+12.99%	-9.57%	+13.62%	+23.43%	89%	-14.4%	₹14,889 Cr	1.04%
38	Nippon India Pharma Fund - Direct Plan Growth Plan - Growth OptionGold	+12.85%	+2.60%	+16.36%	+19.81%	59%	-24.0%	₹9,166 Cr	0.99%
39	ICICI Prudential Commodities Fund - Direct Plan - Growth OptionGold	+12.64%	-2.38%	+13.52%	+22.31%	85%	-41.2%	₹4,133 Cr	1.04%
40	Tata India Consumer Fund-Direct Plan-GrowthGold	+12.14%	-4.91%	+12.01%	+18.60%	56%	-32.5%	₹2,723 Cr	0.92%
41	Aditya Birla Sun Life Special Opportunities Fund-Direct-GrowthPlatinum	+12.13%	+4.05%	+17.45%	+19.91%	81%	-20.3%	₹1,357 Cr	1.17%
42	ICICI Prudential Exports & Services Fund - Direct Plan - Growth	+11.94%	-5.07%	+13.08%	+18.56%	54%	-37.5%	₹1,454 Cr	1.81%
43	UTI Infrastructure Fund-Growth Option- Direct	+11.51%	-7.09%	+11.00%	+14.67%	41%	-42.8%	₹2,033 Cr	2.00%
44	Tata Business Cycle Fund-Direct Plan-Growth	+11.22%	-10.31%	+8.64%	+19.81%	75%	-20.0%	₹2,416 Cr	0.91%
45	Invesco India Financial Services Fund - Direct Plan - GrowthSilver	+11.21%	-3.91%	+14.68%	+18.61%	56%	-42.4%	₹1,789 Cr	0.96%
46	Nippon India Quant Fund - Direct Plan Growth Plan - Growth OptionBronze	+11.02%	-8.52%	+11.63%	+13.71%	37%	-32.8%	₹108 Cr	0.84%
47	Mirae Asset Great Consumer Fund - Direct Plan - Growth	+10.84%	-11.65%	+8.69%	+18.42%	56%	-35.5%	₹4,455 Cr	0.69%
48	Sundaram Financial Services Opportunities Fund Direct Plan - Growth	+10.81%	-4.53%	+10.60%	+16.27%	41%	-43.2%	₹1,614 Cr	0.91%
49	Sundaram Services Fund Direct Plan - Growth	+10.72%	-6.08%	+12.03%	+21.56%	79%	-39.6%	₹4,999 Cr	0.85%
50	Tata Resources & Energy Fund-Direct Plan-GrowthSilver	+10.58%	-2.27%	+14.06%	+19.53%	60%	-33.2%	₹1,391 Cr	0.82%
51	Nippon India Consumption Fund - Direct Plan Growth Plan - Growth Option	+10.34%	-14.19%	+7.24%	+16.46%	46%	-31.0%	₹2,255 Cr	0.90%
52	ICICI Prudential Bharat Consumption Fund - Direct Plan - Growth Option	+10.30%	-12.34%	+7.36%	+19.09%	65%	-31.3%	₹3,049 Cr	1.31%
53	Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option	+10.02%	-8.42%	+9.99%	+16.18%	43%	-50.6%	₹7,367 Cr	1.11%
54	Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth	+9.81%	-3.87%	+11.68%	+17.25%	41%	-20.3%	₹535 Cr	1.07%
55	Edelweiss Recently Listed IPO Fund Direct Plan GrowthPlatinum	+9.58%	+8.90%	+14.55%	+18.99%	61%	-32.3%	₹1,276 Cr	1.32%
56	Axis Innovation Fund - Direct Plan - Growth OptionGold	+9.50%	+4.40%	+16.27%	+16.32%	30%	-23.6%	₹1,345 Cr	1.35%
57	CANARA ROBECO CONSUMPTION FUND - DIRECT PLAN - GROWTH OPTION	+9.50%	-11.24%	+8.96%	+18.10%	54%	-34.7%	₹1,872 Cr	0.95%
58	SBI BANKING & FINANCIAL SERVICES FUND - DIRECT PLAN - GROWTH	+9.50%	-8.42%	+13.89%	+17.13%	45%	-43.8%	₹10,420 Cr	1.18%
59	Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth	+9.48%	-6.08%	+11.36%	+17.41%	46%	-21.0%	₹2,196 Cr	0.78%
60	ICICI Prudential MNC Fund - Direct Plan - Growth Option	+9.44%	-4.90%	+8.49%	+19.63%	55%	-30.7%	₹1,703 Cr	1.25%
61	Mahindra Manulife Consumption Fund - Direct Plan -Growth	+9.36%	-14.21%	+7.59%	+17.79%	51%	-34.0%	₹453 Cr	1.09%
62	Sundaram Consumption Fund (Formerly Known as Sundaram Rural and Consumption Fund Direct Plan - Growth)	+9.30%	-14.52%	+6.05%	+17.26%	47%	-35.7%	₹1,408 Cr	1.72%
63	SBI CONSUMPTION OPPORTUNITIES FUND - DIRECT PLAN - GROWTH	+9.12%	-19.02%	+2.82%	+17.34%	46%	-35.4%	₹2,642 Cr	1.15%
64	HDFC Banking & Financial Services Fund - Growth Option - Direct Plan	+9.10%	-5.20%	+10.83%	+16.80%	36%	-21.7%	₹4,425 Cr	0.95%
65	SBI COMMA Fund - DIRECT PLAN - GrowthBronze	+9.04%	+0.61%	+13.65%	+17.36%	48%	-40.8%	₹1,208 Cr	1.24%
66	HDFC Housing Opportunities Fund - Growth Option - Direct Plan	+9.00%	-13.21%	+7.04%	+17.35%	48%	-42.2%	₹1,100 Cr	1.41%
67	Tata Banking & Financial Services Fund - Growth Option - Direct Plan	+8.99%	-8.82%	+9.93%	+16.15%	38%	-41.6%	₹3,053 Cr	0.93%
68	ICICI Prudential Quant Fund Direct Plan Growth	+8.70%	-6.53%	+10.36%	+17.51%	46%	-16.5%	₹163 Cr	2.06%
69	UTI Banking and Financial Services Fund - Direct Plan - Growth Option	+8.57%	-6.50%	+11.48%	+14.42%	28%	-49.0%	₹1,339 Cr	1.44%
70	ICICI Prudential ESG Exclusionary Strategy Fund - Direct Plan - Growth	+8.53%	-14.01%	+9.42%	+18.04%	58%	-19.2%	₹1,275 Cr	1.33%
71	Baroda BNP Paribas Banking and Financial Services Fund - Direct - Growth Option	+8.44%	-7.02%	+12.41%	+14.09%	24%	-42.8%	₹516 Cr	1.09%
72	Taurus Ethical Fund - Direct Plan - Growth	+7.94%	-8.19%	+8.21%	+15.41%	34%	-29.4%	₹423 Cr	1.36%
73	Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth	+7.85%	-7.73%	+8.66%	+16.04%	40%	-47.5%	₹3,406 Cr	1.13%
74	Franklin India Technology Fund - Direct - Growth	+7.67%	-8.21%	+10.94%	+17.71%	50%	-30.8%	₹1,623 Cr	1.13%
75	Aditya Birla Sun Life Consumption Fund - Growth - Direct Plan	+7.40%	-14.75%	+6.61%	+17.38%	48%	-34.5%	₹5,697 Cr	0.97%
76	SBI Equity Minimum Variance Fund - Direct Plan - Growth	+7.34%	-10.96%	+5.57%	+16.83%	43%	-33.0%	₹194 Cr	0.51%
77	SBI TECHNOLOGY OPPORTUNITIES FUND - DIRECT PLAN - GROWTHBronze	+7.20%	-7.37%	+10.56%	+16.66%	47%	-29.9%	₹4,155 Cr	1.02%
78	ICICI Prudential Banking & Financial Services Fund - Growth - Direct Plan	+7.12%	-9.76%	+8.79%	+15.71%	40%	-47.8%	₹10,774 Cr	1.25%
79	UTI India Consumer Fund - Direct Plan - Growth Option	+7.01%	-12.52%	+7.78%	+12.40%	14%	-29.7%	₹678 Cr	1.71%
80	Axis Quant Fund - Direct Plan - Growth	+6.89%	-7.66%	+6.81%	+14.36%	19%	-23.0%	₹768 Cr	2.72%
81	UTI - MNC Fund - Growth Option - Direct	+6.83%	-9.96%	+6.49%	+12.95%	18%	-31.6%	₹2,619 Cr	1.52%
82	SBI MNC FUND - DIRECT PLAN -GROWTHGold	+6.56%	+3.10%	+4.78%	+12.81%	31%	-27.5%	₹6,381 Cr	1.37%
83	Kotak ESG Exclusionary Strategy Fund - Direct Plan - Growth Option	+6.47%	-9.98%	+8.04%	+14.46%	6%	-21.9%	₹685 Cr	1.15%
84	LIC MF Banking and Financial Services Fund-Direct Plan-Growth	+6.31%	-11.31%	+5.35%	+10.72%	12%	-44.8%	₹256 Cr	1.57%
85	SBI ESG Exclusionary Strategy Fund - Direct Plan -Growth	+6.26%	-9.41%	+7.81%	+14.08%	20%	-36.7%	₹4,984 Cr	1.47%
86	Franklin Asian Equity Fund - Direct - GrowthGold	+6.20%	+19.20%	+21.43%	+8.89%	6%	-40.2%	₹981 Cr	1.23%
87	Tata Ethical Fund -Direct Plan- Growth Option	+5.92%	-10.49%	+4.60%	+13.35%	37%	-29.5%	₹3,619 Cr	0.84%
88	Aditya Birla Sun Life ESG Integration Strategy Fund-Direct Plan-Growth	+5.60%	-7.50%	+10.22%	+13.95%	7%	-26.2%	₹542 Cr	1.43%
89	Invesco India ESG Integration Strategy Fund - Direct Plan - Growth	+5.52%	-8.65%	+8.12%	+14.08%	8%	-22.8%	₹360 Cr	1.28%
90	Aditya Birla Sun Life MNC Fund - Growth - Direct Plan	+4.24%	-16.38%	+4.06%	+11.32%	18%	-32.4%	₹3,029 Cr	1.48%
91	Aditya Birla Sun Life Digital India Fund - Growth - Direct PlanSilver	+4.23%	-7.58%	+5.73%	+16.34%	44%	-34.5%	₹3,617 Cr	1.06%
92	Axis ESG Integration Strategy Fund - Direct Plan - Growth Option	+3.92%	-11.60%	+7.11%	+13.21%	10%	-24.3%	₹993 Cr	1.87%
93	ICICI Prudential Technology Fund - Direct Plan - Growth	+3.69%	-8.97%	+7.72%	+15.59%	42%	-35.1%	₹12,505 Cr	1.21%
94	DSP Quant Fund - Direct Plan - Growth	+3.46%	-10.61%	+5.29%	+12.24%	14%	-32.7%	₹711 Cr	1.12%
95	Tata Digital India Fund-Direct Plan-Growth	+3.39%	-11.40%	+6.45%	+20.16%	59%	-33.3%	₹9,276 Cr	0.67%
96	ICICI Prudential FMCG Fund - Direct Plan - Growth	+3.28%	-24.50%	-5.19%	+13.87%	19%	-32.9%	₹1,508 Cr	1.67%

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.