The Indian stock market witnessed a sharp decline in the last two quarters of FY2025, but now the market seems to be picking up some pace. In the last one month, frontline indices have shown signs of a revival in investor sentiment, especially after the lows hit post US President Trump’s tariff imposition announcements. This market recovery has reflected on mutual funds, helping some fund categories deliver impressive returns. Notably five of MF categories – Sectoral-Banking, Thematic-Consumption, Thematic-ESG, Midcap, and Large & Midcap, have given up to 5.07% average returns in the last one month.
So we can see that of the five top-performing mutual fund categories in the last one month, three of them are sectoral/thematic funds category – banking, consumption and ESG. These sectoral/thematic fund categories have seen 5.07%, 4%, 2.41% average growth, respectively. The other two top performers among five are midcap and large & midcap categories.
Also read: International mutual funds crash amid Trump tariff woes — Should you exit now?
Performance of Midcap and Large & Midcap Categories
In the last one month, the Midcap and Large & Midcap categories have delivered over 2% average returns, nearly matching benchmark indices Sensex and Nifty returns. So, investors in these categories now getting good returns, especially now when the market is rebounding.
Now, take a look at 3 top performing funds in each of these categories based on their 1 month returns:
Equity: Sectoral-Banking – Top 3 mutual funds with returns up to 6.48% in 1 month
1. Sundaram Financial Services Opportunities Fund (6.48%) 2. HDFC Banking & Financial Services Fund (6.29%) 3. Tata Banking and Financial Services Fund (6.16%)
Equity: Thematic-Consumption – Top 3 mutual funds with returns up to 6.25% in 1 month
1. Nippon India Consumption Fund (6.25%) 2. Tata India Consumer Fund (5.22%) 3. Sundaram Consumption Fund (5.16%)
Equity: Thematic-ESG – Top 3 mutual funds with returns up to 3.87% in 1 month
1. Quant ESG Equity Fund (3.87%) 2. ICICI Prudential ESG Exclusionary Strategy Fund (2.85%) 3. WhiteOak Capital ESG Best-In-Class Strategy Fund (2.71%)
Equity: Midcap – Top 3 mutual funds with returns up to 2.82% in 1 month
1. Taurus Mid Cap Fund (2.82%) 2. Nippon India Growth Fund (2.62%) 3. » Read More