What are the top performing Thematic-Factor-based funds?

Based on 1-year returns, the top performing Thematic-Factor-based funds are Motilal Oswal Active Momentum Fund Direct-Growth with 22.47% return, Nippon India Active Momentum Fund Direct-Growth with 9.28% return, and Union Active Momentum Fund Direct-Growth with 9.05% return. The category average 1-year return is -1.04%.

Which Thematic-Factor-based funds have given the best returns over 3 years?

Over a 3-year period, the best performing Thematic-Factor-based funds are Motilal Oswal Active Momentum Fund Direct-Growth with a 19.57% CAGR, Nippon India Active Momentum Fund Direct-Growth with 18.96% CAGR, and Union Active Momentum Fund Direct-Growth with 14.86% CAGR. The category average 3-year return stands at 13.00% CAGR.

Which Thematic-Factor-based funds have given the best returns over 5 years?

Over a 5-year period, the top Thematic-Factor-based funds are Motilal Oswal Active Momentum Fund Direct-Growth with a 11.99% CAGR, Nippon India Active Momentum Fund Direct-Growth with 11.01% CAGR, and Union Active Momentum Fund Direct-Growth with 0.00% CAGR. The category average 5-year return is 11.50% CAGR.

Which are the best Thematic-Factor-based funds for SIP investment?

Based on average 5-year rolling returns, the best Thematic-Factor-based funds for SIP are -- with 5-year average rolling return of 0.00%, -- with 0.00%, and -- with 0.00%. You can start a SIP in Thematic-Factor-based funds with as little as ₹99 per month.

What are the largest Thematic-Factor-based mutual funds by assets?

The largest Thematic-Factor-based funds by Assets Under Management (AUM) are UTI Nifty200 Momentum 30 Index Fund Direct-Growth with ₹ 8,433.23 crore, SBI Quality Fund Direct-Growth with ₹ 2,361.00 crore, and ICICI Prudential Quality Fund Direct-Growth with ₹ 2,145.14 crore. Together, there are 80 Thematic-Factor-based funds available in India.

What is the minimum amount to invest in Thematic-Factor-based funds?

You can start investing in Thematic-Factor-based funds with a minimum SIP of ₹99 per month or a minimum lumpsum of ₹100. The minimum investment varies across fund houses — some funds allow even lower entry points.

How are Thematic-Factor-based fund returns taxed?

Gains from Thematic-Factor-based funds held for less than 12 months are taxed at 20% (Short-Term Capital Gains). Gains on units held for 12 months or more are taxed at 12.5% (Long-Term Capital Gains), with ₹1.25 lakh per year being exempt per financial year. Dividends (IDCW) are taxed at your applicable income tax slab rate.

Which Thematic-Factor-based funds have the lowest expense ratio?

Among Thematic-Factor-based funds, Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct-Growth has the lowest expense ratio at 0.06% (Direct Plan), followed by Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-Growth at 0.06%. Lower expense ratios directly improve your net returns over the long term.

How many Thematic-Factor-based mutual funds are available in India?

There are currently 80 Thematic-Factor-based mutual funds available in India across different fund houses. You can compare all 80 funds on Sharpely based on returns, risk, AUM, and expense ratio to find the one that suits your investment goals.

mutual funds category

Thematic Factor Based

Thematic-Factor-based Funds

Total Schemes

No. of schemes

Total AUM

₹ 0.44Lakh Cr

As on latest

Category Return (5Y)

11.50 %

CAGR

Benchmark

12.67%

NIFTY 500 TRI

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Thematic-Factor-based	2.32 %	-1.09 %	-1.04 %	13.00 %	11.50 %	-	-0.25 %
Benchmark	4.02 %	-2.82 %	0.02 %	13.21 %	12.67 %	13.90 %	-1.89 %

Top Thematic-Factor-based Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
UTI Nifty200 Momentum 30 Index Fund Direct-GrowthNAV: ₹21.14	8,433.23 Cr	-3.13%	13.20%	11.99%	1.18%
SBI Quality Fund Direct-GrowthNAV: ₹10.38	2,361.00 Cr	-	-	-	1.18%
ICICI Prudential Quality Fund Direct-GrowthNAV: ₹10.61	2,145.14 Cr	3.21%	-	-	1.35%
ICICI Prudential Active Momentum Fund Direct-GrowthNAV: ₹10.93	1,998.26 Cr	-	-	-	1.73%
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct-GrowthNAV: ₹18.39	1,675.75 Cr	-1.88%	19.57%	-	1.06%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct-GrowthNAV: ₹15.85	1,652.76 Cr	0.35%	11.87%	-	0.49%
Kotak Active Momentum Fund Direct-GrowthNAV: ₹10.79	1,480.27 Cr	-	-	-	1.63%
Quant Momentum Fund Direct-GrowthNAV: ₹16.06	1,359.93 Cr	7.86%	-	-	1.85%
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct-GrowthNAV: ₹16.09	1,302.17 Cr	-0.88%	12.26%	-	0.41%
ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Direct-GrowthNAV: ₹18.44	1,301.09 Cr	-0.04%	11.98%	11.01%	0.11%
Nippon India Nifty 500 Momentum 50 Index Fund Direct-GrowthNAV: ₹8.27	1,201.81 Cr	-2.45%	-	-	0.29%
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct-GrowthNAV: ₹18.29	1,179.14 Cr	-2.23%	18.96%	-	1.08%
Axis Momentum Fund Direct-GrowthNAV: ₹8.97	974.52 Cr	-5.08%	-	-	3.01%
Motilal Oswal Nifty 200 Momentum 30 Index Fund Direct-GrowthNAV: ₹15.20	961.00 Cr	-3.50%	12.85%	-	1.14%
Sundaram Multi-Factor Fund Direct-GrowthNAV: ₹9.88	948.12 Cr	-	-	-	1.56%

Thematic-Factor-based vs Other Categories

5Y CAGR Return Comparison

12.84%

11.52%

11.50%

11.20%

10.01%

International

Large Cap

Thematic-Factor-based

Thematic-ESG

Thematic-MNC

Key Insights

Thematic-Factor-based delivered 11.50% CAGR over the last 5 years.

It ranks #23 out of 27 categories based on 5Y performance.

Below the category average return of 14.68%.

22 categories outperform it, while 4 categories have lower returns.

Top performer: Thematic-PSU (23.98%).

Lowest performer: Sectoral-Technology (6.30%).

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

UTI Nifty200 Momentum 30 Index Fund Direct-Growth

Fund Performance: UTI Nifty200 Momentum 30 Index Fund Direct-Growth has given 13.20% annualized returns in the past three years and 11.99% in the last 5 years. The UTI Nifty200 Momentum 30 Index Fund Direct-Growth comes under the Equity category of UTI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in UTI Nifty200 Momentum 30 Index Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 8,433.23Cr

1Y Returns

-3.13%

Expense Ratio

1.18%

SBI Quality Fund Direct-Growth

Fund Performance: The SBI Quality Fund Direct-Growth comes under the Equity category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Quality Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 2,361.00Cr

1Y Returns

Expense Ratio

1.18%

ICICI Prudential Quality Fund Direct-Growth

Fund Performance: The ICICI Prudential Quality Fund Direct-Growth 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-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 2,145.14Cr

1Y Returns

3.21%

Expense Ratio

1.35%

ICICI Prudential Active Momentum Fund Direct-Growth

Fund Performance: The ICICI Prudential Active Momentum Fund Direct-Growth 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-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 500.00

AUM

₹ 1,998.26Cr

1Y Returns

Expense Ratio

1.73%

Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct-Growth

Fund Performance: Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct-Growth has given 19.57% annualized returns in the past three years. The Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct-Growth comes under the Equity category of Edelweiss Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 1,675.75Cr

1Y Returns

-1.88%

Expense Ratio

1.06%

Bandhan Nifty100 Low Volatility 30 Index Fund Direct-Growth

Fund Performance: Bandhan Nifty100 Low Volatility 30 Index Fund Direct-Growth has given 11.87% annualized returns in the past three years. The Bandhan Nifty100 Low Volatility 30 Index Fund Direct-Growth comes under the Equity category of Bandhan Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Bandhan Nifty100 Low Volatility 30 Index Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 1,652.76Cr

1Y Returns

0.35%

Expense Ratio

0.49%

Kotak Active Momentum Fund Direct-Growth

Fund Performance: The Kotak Active Momentum Fund Direct-Growth comes under the Equity category of Kotak Mahindra Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Kotak Active Momentum Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 1,480.27Cr

1Y Returns

Expense Ratio

1.63%

Quant Momentum Fund Direct-Growth

Fund Performance: The Quant Momentum Fund Direct-Growth comes under the Equity category of Quant Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Quant Momentum Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 1,359.93Cr

1Y Returns

7.86%

Expense Ratio

1.85%

Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct-Growth

Fund Performance: Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct-Growth has given 12.26% annualized returns in the past three years. The Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct-Growth comes under the Equity category of Nippon India Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 1,302.17Cr

1Y Returns

-0.88%

Expense Ratio

0.41%

ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Direct-Growth

Fund Performance: ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Direct-Growth has given 11.98% annualized returns in the past three years and 11.01% in the last 5 years. The ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Direct-Growth comes under the Equity category of ICICI Prudential Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 1,301.09Cr

1Y Returns

-0.04%

Expense Ratio

0.11%

Nippon India Nifty 500 Momentum 50 Index Fund Direct-Growth

Fund Performance: The Nippon India Nifty 500 Momentum 50 Index Fund Direct-Growth comes under the Equity category of Nippon India Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Nifty 500 Momentum 50 Index Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 1,201.81Cr

1Y Returns

-2.45%

Expense Ratio

0.29%

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct-Growth

Fund Performance: Tata Nifty Midcap 150 Momentum 50 Index Fund Direct-Growth has given 18.96% annualized returns in the past three years. The Tata Nifty Midcap 150 Momentum 50 Index Fund Direct-Growth comes under the Equity category of Tata Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Tata Nifty Midcap 150 Momentum 50 Index Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 150.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 1,179.14Cr

1Y Returns

-2.23%

Expense Ratio

1.08%

Axis Momentum Fund Direct-Growth

Fund Performance: The Axis Momentum Fund Direct-Growth comes under the Equity category of Axis Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Axis Momentum Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 100.00

AUM

₹ 974.52Cr

1Y Returns

-5.08%

Expense Ratio

3.01%

Motilal Oswal Nifty 200 Momentum 30 Index Fund Direct-Growth

Fund Performance: Motilal Oswal Nifty 200 Momentum 30 Index Fund Direct-Growth has given 12.85% annualized returns in the past three years. The Motilal Oswal Nifty 200 Momentum 30 Index Fund Direct-Growth comes under the Equity category of Motilal Oswal Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Motilal Oswal Nifty 200 Momentum 30 Index Fund Direct-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 500.00

AUM

₹ 961.00Cr

1Y Returns

-3.50%

Expense Ratio

1.14%

Sundaram Multi-Factor Fund Direct-Growth

Fund Performance: The Sundaram Multi-Factor Fund Direct-Growth comes under the Equity category of Sundaram Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Sundaram Multi-Factor Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 948.12Cr

1Y Returns

Expense Ratio

1.56%