Equity Mutual Funds by Theme and Strategy
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Explore equity schemes by their stated theme, stock-selection approach and investment structure. Compare similar mandates rather than treating every scheme in this directory as one category
List of Equity Mutual Funds by Theme and Strategy to Compare
Select a theme or strategy group before comparing schemes. Use the actual mandate, wrapper and benchmark to identify comparable peers. This directory is not a single SEBI scheme category.
Total funds
145
SEBI categorised
Category AUM
₹2.99L Cr
▼ ₹13.01K Cr MoM
Net flow - September 2026
₹1.75K Cr
▲ Net Inflow
What Are Equity Mutual Funds by Theme and Strategy and How Do They Work?
This directory brings together equity strategies that require more explanation than an other equity label. A theme may connect companies across sectors, while a strategy can define how stocks are selected, weighted or valued.
The schemes here are not necessarily comparable peers. Business-cycle, special-opportunities and quantitative approaches can hold very different portfolios and follow different rules.
Who Should Consider Equity Mutual Funds by Theme and Strategy?
Investors who understand the selected mandate and its risks may evaluate these strategies within a long-term equity allocation. Assess the impact on the total portfolio rather than giving every theme its own allocation.
Investors seeking broad equity exposure can separately compare flexi cap funds, large cap funds and mid cap funds. This directory should not be treated as an automatic replacement for diversified equity exposure.
Advantages of Equity Mutual Funds by Theme and Strategy
A defined theme or stock-selection approach can provide an exposure different from a broad diversified equity portfolio. The benefit depends on whether it actually adds a useful role rather than duplicating holdings already owned.
Risks and Limitations of Equity Mutual Funds by Theme and Strategy
Concentration, valuation, model limitations, theme cycles and market declines can affect outcomes. A popular theme may already be reflected in prices. Recent returns alone do not establish a durable investment case.
How to Choose Equity Mutual Funds by Theme and Strategy
- Compare similar mandates first, rather than ranking unrelated themes together.
- Check top holdings, sector concentration, market-cap mix and overlap with existing funds.
- For quantitative approaches, review the disclosed model or selection rules and how they can behave across market conditions.
- For passive approaches, examine the index methodology and tracking results.
- Compare benchmark outcomes, drawdowns, expenses and the available history for the same plan and option.
Theme and Strategy Funds vs Other Equity Funds
Read the scheme’s stated investment objective and strategy before relying on its name. Review the permitted universe, sector or theme restrictions, stock-selection process and benchmark.
An underlying equity exposure can be packaged as an active scheme, index product or fund of funds. The wrapper and strategy should be labelled clearly, and schemes already belonging to a defined sector or category should be routed to that category.
Which funds are gaining or losing investor interest?
List of Equity Other Funds with highest cash net Inflow and Outflow in the month of September 2026.
Highest Inflow funds in the last month
Fund | Inflow |
|---|---|
 Kotak Special Opportunities Fund | +₹226.19 Cr |
 Bandhan Innovation Fund | +₹222.25 Cr |
 Motilal Oswal Active Momentum Fund | +₹204.58 Cr |
 ICICI Prudential India Opportunities Fund | +₹168.24 Cr |
 Franklin India Opportunities Fund | +₹132.42 Cr |
Highest Outflow funds in the last month
Fund | Outflow |
|---|---|
ICICI Prudential Business Cycle Fund | -₹124.5 Cr |
ICICI Prudential Equity Minimum Variance Fund | -₹89.33 Cr |
 SBI Innovative Opportunities Fund | -₹76.35 Cr |
 Axis Services Opportunities Fund | -₹60.26 Cr |
 HDFC Manufacturing Fund | -₹52.16 Cr |
What are the companies that Top 5 Equity Other Funds adding or exiting?
List of companies added and exited by Top Ranked Equity Other Funds in the month of September 2026.
| Mutual fund | Adding | Exiting | ||
|---|---|---|---|---|
| Company | Value | Company | Value | |
| Aditya Birla Sun Life Special Opportunities Fund DirAditya Birla Sun Life Special Opportunities Fund Dir | ||||
| Franklin India Opportunities FundFranklin India Opportunities Fund | ||||
| Sundaram Services FundSundaram Services Fund | ||||
| ICICI Prudential India Opportunities FundICICI Prudential India Opportunities Fund | ||||
| Nippon India Quant FundNippon India Quant Fund | N/A | N/A | ||
Explore More Equity Funds
Frequently Asked Questions
It is a broad directory label, not a useful explanation of a fund’s investment mandate. Use the strategy groups and current scheme documents to identify what each fund actually invests in.
A sectoral approach focuses on a defined sector. A theme can connect companies across multiple sectors. Verify each scheme’s mandate and do not infer its universe from the name alone.
It uses a disclosed model or rules to help select or weight investments. Its effectiveness depends on the rules and market conditions. A quantitative label does not guarantee outperformance or lower risk.
Their different mandates can make a single blended rank misleading. Compare similar strategies and benchmarks first, then evaluate the exposure’s role in your overall portfolio.
Not necessarily. Different fund names can hold overlapping stocks or be exposed to the same economic driver. Check holdings, sector weights and existing portfolio exposure.
There is no universal allocation that suits every investor. Consider concentration, risk capacity, goals and your total equity exposure. Do not apply a fixed percentage based only on the directory label.