Based on 1-year returns, the top performing Thematic funds are Motilal Oswal Nifty Capital Market Index Fund - Direct Plan with 26.23% return, Tata Nifty Capital Markets Index Fund - Direct Plan with 25.77% return, and Motilal Oswal Active Momentum Fund - Direct Plan with 21.51% return. The category average 1-year return is 1.85%.
Thematic Funds
Thematic mutual funds invest in stocks linked to a specific theme. The idea is to invest in companies benefiting from the same theme. For example, a mutual fund following the theme of export and services theme will invest in stocks of sectors including banking, chemicals, technology, etc.
Total Schemes
82
No. of schemes
Total AUM
₹ 1.18Lakh Cr
As on latest
Category Return (5Y)
14.18 %
CAGR
Benchmark
12.29%
NIFTY 500 TRI
Category Returns (%)
| Period | 1M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | YTD |
|---|---|---|---|---|---|---|---|
Thematic | 0.31 % | -2.02 % | 1.85 % | 16.05 % | 14.18 % | 14.47 % | -1.21 % |
Benchmark | -0.98 % | -5.95 % | -0.83 % | 13.55 % | 12.29 % | 13.90 % | -5.75 % |
About Thematic Funds
What is it?
Thematic mutual funds invest in stocks linked to a specific theme. The idea is to invest in companies benefiting from the same theme. For example, a mutual fund following the theme of export and services theme will invest in stocks of sectors including banking, chemicals, technology, etc.
Objective
The objective of the thematic funds is to generate maximum returns by focusing on a particular theme.
Suitability and opinion
We believe that concentration risk is high in any thematic funds and the impact of the market cycle can be severe in this category. Though these funds may have higher diversification compared to sectoral funds, this category is suitable for informed investors who are comfortable with high risks as the fund will invest in companies with the same theme. So, you should have a solid understanding of the theme before you invest in such funds. If there is a change in government policy affecting the theme, then it will impact the fund returns. Also, entry and exit timings matter in these funds, so we can not define the ideal time horizon for any particular thematic fund. Some themes may play out rapidly and others will take time. You should not allocate more than 10% of your portfolio to any thematic funds.
Thematic vs Other Categories
5Y CAGR Return Comparison
Key Insights
Thematic delivered 14.18% CAGR over the last 5 years.
It ranks #15 out of 24 categories based on 5Y performance.
Below the category average return of 15.13%.
14 categories outperform it, while 9 categories have lower returns.
Top performer: Thematic-PSU (24.47%).
Lowest performer: Sectoral-Technology (8.85%).
Let's have a closer look
Now let us jump and check about these top 15 mutual fund schemes.
ICICI Prudential India Opportunities Fund - Direct Plan
Fund Performance: ICICI Prudential India Opportunities Fund - Direct Plan has given 20.01% annualized returns in the past three years and 20.49% in the last 5 years. The ICICI Prudential India Opportunities Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential India Opportunities Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 36,082.90Cr
1Y Returns
1.43%
Expense Ratio
0.67%
HDFC Defence Fund - Direct Plan
Fund Performance: The HDFC Defence Fund - Direct Plan comes under the Equity category of HDFC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in HDFC Defence Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 9,123.61Cr
1Y Returns
11.07%
Expense Ratio
0.82%
Franklin India Opportunities Fund - Direct Plan
Fund Performance: Franklin India Opportunities Fund - Direct Plan has given 25.70% annualized returns in the past three years and 20.06% in the last 5 years. The Franklin India Opportunities Fund - Direct Plan comes under the Equity category of Franklin Templeton Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Franklin India Opportunities Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 8,534.74Cr
1Y Returns
2.64%
Expense Ratio
0.98%
Motilal Oswal Nifty India Defence Index Fund - Direct Plan
Fund Performance: The Motilal Oswal Nifty India Defence Index Fund - Direct Plan comes under the Equity category of Motilal Oswal Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Motilal Oswal Nifty India Defence Index Fund - Direct Plan via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 500.00
AUM
₹ 4,690.22Cr
1Y Returns
2.78%
Expense Ratio
0.94%
Sundaram Services Fund - Direct Plan
Fund Performance: Sundaram Services Fund - Direct Plan has given 15.99% annualized returns in the past three years and 16.16% in the last 5 years. The Sundaram Services Fund - Direct Plan comes under the Equity category of Sundaram Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Services Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 4,624.47Cr
1Y Returns
0.11%
Expense Ratio
0.73%
ICICI Prudential Commodities Fund - Direct Plan
Fund Performance: ICICI Prudential Commodities Fund - Direct Plan has given 21.91% annualized returns in the past three years and 19.01% in the last 5 years. The ICICI Prudential Commodities Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Commodities Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 3,789.06Cr
1Y Returns
19.56%
Expense Ratio
0.95%
Tata Ethical Fund - Direct Plan
Fund Performance: Tata Ethical Fund - Direct Plan has given 8.01% annualized returns in the past three years and 10.00% in the last 5 years. The Tata Ethical Fund - Direct Plan comes under the Equity category of Tata Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Tata Ethical Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 3,703.84Cr
1Y Returns
-3.58%
Expense Ratio
0.72%
ICICI Prudential Equity Minimum Variance Fund - Direct Plan
Fund Performance: The ICICI Prudential Equity Minimum Variance Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Equity Minimum Variance Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 2,984.56Cr
1Y Returns
0.29%
Expense Ratio
0.80%
ICICI Prudential Housing Opportunities Fund - Direct Plan
Fund Performance: ICICI Prudential Housing Opportunities Fund - Direct Plan has given 15.92% annualized returns in the past three years. The ICICI Prudential Housing Opportunities Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Housing Opportunities Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 2,667.32Cr
1Y Returns
0.96%
Expense Ratio
1.14%
SBI Quality Fund - Direct Plan
Fund Performance: The SBI Quality Fund - Direct Plan comes under the Equity category of SBI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in SBI Quality Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 2,306.43Cr
1Y Returns
--
Expense Ratio
0.81%
ICICI Prudential Quality Fund - Direct Plan
Fund Performance: The ICICI Prudential Quality Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Quality Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 2,169.93Cr
1Y Returns
0.20%
Expense Ratio
0.85%
ICICI Prudential Rural Opportunities Fund - Direct Plan
Fund Performance: The ICICI Prudential Rural Opportunities Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Rural Opportunities Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 2,104.39Cr
1Y Returns
-2.46%
Expense Ratio
0.88%
ICICI Prudential Active Momentum Fund - Direct Plan
Fund Performance: The ICICI Prudential Active Momentum Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Active Momentum Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 1,917.99Cr
1Y Returns
--
Expense Ratio
0.94%
ICICI Prudential FMCG Fund - Direct Plan
Fund Performance: ICICI Prudential FMCG Fund - Direct Plan has given 0.40% annualized returns in the past three years and 8.82% in the last 5 years. The ICICI Prudential FMCG Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential FMCG Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 1,676.25Cr
1Y Returns
-12.25%
Expense Ratio
1.32%
Aditya Birla Sun Life Conglomerate Fund - Direct Plan
Fund Performance: The Aditya Birla Sun Life Conglomerate Fund - Direct Plan comes under the Equity category of Aditya Birla Sun Life Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Conglomerate Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 1,622.51Cr
1Y Returns
1.03%
Expense Ratio
0.74%
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