Performance across thematic funds has remained uneven. Quantum Ethical Fund, with an AUM of ₹102 crore, declined 7.92% for the one year ended March 2026, against a 6.1% fall in the Nifty 500 Shariah TRI. ICICI Prudential India Opportunities, with assets of ₹36,083 crore, returned 0.23% versus a 2.86% decline in the Nifty 500 TRI, according to Amfi data.
