Sectoral / Thematic mutual funds

254 funds, managing ₹5.43 lakh cr between them as of 3 Nov 2026. The largest is ICICI Prudential India Opportunities Fund, at ₹36,989 cr.

The average Sectoral / Thematic fund returned -0.4% over the last year, +12.8% a year over three years, +10.7% a year over five years. Over the last year the funds ranged from -19.4% to +59.1%. Past returns do not tell you future returns.

SBI Equity Minimum Variance Fund, at 0.86% a year, against 2.41% for the average fund in the category. The expense ratio is taken out of the fund every day, so every return shown is already after it.

Nippon India Taiwan Equity Fund, at +48.2% a year over the last three years, against +12.8% for the average fund. Past returns do not tell you future returns.

Their volatility over the last year averaged 15.8%: the higher it is, the more the price swings from day to day. All of them carry the riskometer level Very High, on SEBI's six-step scale from Low to Very High.