All Sectoral and Thematic Funds Yield Negative Returns of up to 26% so far in 2025
There were around 197 sectoral and thematic mutual funds, and all of them have offered negative returns of up to 26% in the current year.
Here are the top worst performers:
| Fund Name | Return(%) |
| Shriram Multi Sector Rotation Fund | −25.74% |
| Union Active Momentum Fund | −24.78% |
| Samco Special Opportunities Fund | −24.55% |
| Motilal Oswal Manufacturing Fund | −22.68% |
| Kotak Infra and Eco Reform Fund | −22.65% |
| LIC MF Infra Fund | −22.35% |
| Edelweiss Recently Listed IPO Fund | −22.23% |
| HDFC Defence Fund | −21.43% |
| Invesco India Technology Fund | −20.99% |
| Invesco India Infrastructure Fund | −20.74% |
| Bandhan Infrastructure Fund | −20.60% |
| Union Innovation and Opportunities Fund | −20.34% |
| Axis Momentum Fund | −20.31% |
| Motilal Oswal Quant Fund | −20.28% |
| UTI Innovation Fund | −20.06% |
The highest negative return was delivered by the Shriram Multi Sector Rotation Fund, which was around 25.74% in the current year. Union Active Fund offered a negative return of 24.78% in the mentioned year.
Motilal Oswal Manufacturing Fund offered a negative return of 22.68%, followed by Kotak Infra & Eco Reform Fund, which delivered around 22.65% in 2025 so far.
LIC MF Infra Fund and Edelweiss, recently listed IPO Fund, gave negative returns of around 22.35% and 22.23%, respectively.
HDFC Defence Fund, which is the only active fund in the defence sector, gave -21.43% returns in this year so far.
Two fund schemes from Invesco Mutual Fund—Invesco India Technology Fund and Invesco India Infrastructure Fund delivered a negative return of around 20.99% and 20.74% in the mentioned year.
Kotak Special Opportunities Fund and Bandhan Innovation Fund have both declined by approximately 17.68% each in 2025 so far. Similarly, two funds from Quant Mutual Fund—the Quant Business Cycle Fund and the Quant Manufacturing Fund have seen declines of 16.59% and 16.44%, respectively, during the same period.
There were almost 37 schemes that gave single-digit negative returns. Among the mentioned funds, DSP Banking & Financial Services Fund experienced the least loss, with a decrease of around 2.64%.
It should be noted that the above schemes are an analysis of the performance of sectoral and thematic funds that gave negative returns and not a recommendation.
