Sectors
Which sectors mutual funds are adding to and trimming, and how sector and thematic funds have returned.
Insurance, NBFC and housing finance indices since June
11 Oct 2026
Four NSE financial indices fell 3% to 8% from 15 June to 9 October 2026, yet their P/Es dropped far more, as earnings caught up. Prices, P/E and P/B.
Market ValuationsSectors
Nine newer NSE sector indices: price and P/E since June
11 Oct 2026
From 15 June to 9 October 2026, Nifty Retail rose 7.7% and Nifty Power fell 13.4%. P/E ranges from 15 (Telecom) to 209 (Retail). Nine sector indices compared.
Market ValuationsSectors
Business cycle funds: all 10 with 3 years beat Nifty 500
10 Oct 2026
19 business cycle funds hold ₹42,278 crore. All 10 with three years beat the Nifty 500 TRI to October 2026, at a median 12.4% a year. Banks lead most of them.
SectorsFund Returns
Capital goods and engineering stocks: 10.7% of fund money
10 Oct 2026
Equity funds held ₹3,77,580 crore in capital goods and construction companies, 10.66% of their Indian shares. L&T led; small-cap funds leaned in most.
Portfolio HoldingsSectors
ESG mutual funds: 3 of 8 beat the Nifty 500 over 3 years
10 Oct 2026
Ten active ESG funds hold ₹9,880 crore, three-quarters of it in exclusion strategies. Over three years to 9 October 2026, three of eight beat the Nifty 500 TRI.
SectorsFund Returns
FMCG stocks in mutual funds: 4.2% of equity money
10 Oct 2026
Equity funds held ₹1,47,653 crore in FMCG makers on the latest disclosures, 4.17% of their Indian shares, less than FMCG's 5.50% of the Nifty 50.
Portfolio HoldingsSectors
Metal, cement and chemical stocks in mutual funds: 6.9%
10 Oct 2026
Equity funds held ₹2,45,408 crore in metal, cement and chemical makers, 6.93% of their Indian shares. Chemicals took the most; metals trailed the index.
Portfolio HoldingsSectors
MNC funds: all five with 3 years trail the Nifty MNC
10 Oct 2026
Seven MNC funds manage ₹17,518 crore. Over three years to 9 October 2026 the five old enough returned 5.0% to 8.7% a year; the Nifty MNC TRI made 12.7%.
SectorsFund Returns
Nifty Bank index funds compared: costs and tracking
10 Oct 2026
Ten Nifty Bank index funds charge 0.22% to 1.46%. The eight with a year's record returned −1.18% to −1.41% to 9 October 2026; the index, −0.74%.
Costs & FeesFund ReturnsSectors
Nifty Capital Markets P/E at 43.0 as earnings rise 19%
10 Oct 2026
Nifty Capital Markets closed at a P/E of 42.97 on 9 October 2026, below its median of 44.79. The index rose 17.6% in a year and the earnings behind it 18.7%.
Market ValuationsSectorsNifty Chemicals P/E at 41.9, P/B near its lowest yet
10 Oct 2026
Nifty Chemicals closed at a P/E of 41.89 on 9 October 2026, below its median of 44.42 since March 2025. Its P/B of 3.68 is the second-lowest on record.
Market ValuationsSectors
Nifty EV index P/E at 39.2, and half of it is Nifty Auto
10 Oct 2026
Nifty EV & New Age Automotive closed at a P/E of 39.21 on 9 October 2026, 1.36 times Nifty Auto's. Its P/B is near a low; its earnings fell 21.5% in a year.
Market ValuationsSectors
Nifty Healthcare P/E at 41.3: 2.1 times the Nifty 50
10 Oct 2026
Nifty Healthcare closed at a P/E of 41.28 on 9 October 2026, above 85% of sessions on record and 2.14 times the Nifty 50, close to its widest gap.
Market ValuationsSectorsNifty India Consumption P/E at 36.5, near a five-year low
10 Oct 2026
Nifty India Consumption closed at a P/E of 36.54 on 9 October 2026. Only 53 of 1,235 sessions in five years were lower, and its P/B of 6.54 is near a low too.
Market ValuationsSectors
Nifty India Digital P/E at 27.5 after earnings doubled
10 Oct 2026
Nifty India Digital closed at a P/E of 27.53 on 9 October 2026, down from 66.99 a year ago: the earnings behind it rose 116% while the price fell 11.2%.
Market ValuationsSectors
Railways PSU P/E at 19.6: price down 41%, earnings flat
10 Oct 2026
Nifty India Railways PSU closed at a P/E of 19.64 on 9 October 2026, 40.8% below its record close, with the earnings behind it where they were in December 2024.
Market ValuationsSectors
Nifty India Tourism P/E at 85, up from 49 in June
10 Oct 2026
Nifty India Tourism closed at a P/E of 85.17 on 9 October 2026, up from 48.99 on 1 June. The price rose 3.8%; the earnings behind the index fell 40.3%.
Market ValuationsSectorsOil, gas and power stocks in mutual funds: 6.1% of equity
10 Oct 2026
Equity funds held ₹2,16,644 crore in oil, gas, coal and power companies, 6.11% of their Indian shares, about half the Nifty 50's 11.98%. Reliance led.
Portfolio HoldingsSectors
Quant mutual funds: 4 of 6 with 3 years beat the Nifty 500
10 Oct 2026
Ten quant funds and three multi-factor funds hold ₹11,983 crore. Over three years to 9 October 2026, four of the six old enough beat the Nifty 500 TRI.
SectorsFund Returns
Thematic funds launched in 2024: 14 of 53 trade below ₹10
08 Oct 2026
53 of the 70 equity funds launched in 2024 are sector or thematic funds. Fourteen have a NAV under the ₹10 launch price; Q4 launches fared worst.
Fund ReturnsSectors