Best Semiconductor Mutual Funds for April 2026: Franklin India Technology Fund and More Based on 3-Year CAGR

The semiconductor ecosystem continues to support global technology development, influencing areas such as artificial intelligence, cloud infrastructure, and electronics manufacturing.

In India, while there are no pure-play semiconductor mutual funds, several technology-focused schemes provide indirect exposure through investments in IT services and digital businesses. 

This article highlights the best semiconductor-linked mutual funds in April 2026 based on their 3-year CAGR performance.

Top Mutual Funds Offering Semiconductor Exposure

Note: Funds are ranked based on 3-year CAGR as of April 6, 2026.

Overview of the Best Semiconductor-Linked Funds

1. Franklin India Technology Fund

This fund focuses on high-growth companies within the information technology space. It follows a bottom-up investment approach, aiming for capital appreciation by selecting fundamentally strong businesses.

Key Metrics:

• AUM: ₹1,670.19 crore
• NAV: ₹434.95 (as of April 2, 2026)

2. ICICI Prudential Technology Fund

The scheme aims for long-term capital growth by investing in equity and related instruments of technology and technology-enabled companies. A significant portion of assets is aligned with benchmark constituents, along with selective exposure beyond the index.

Key Metrics:

• AUM: ₹13,572.40 crore
• NAV: ₹167.62 (as of April 2, 2026)

3. Tata Digital India Fund

This fund invests primarily in companies within the information technology sector, maintaining a high allocation to equity instruments. It seeks to benefit from long-term growth in India’s digital ecosystem.

Key Metrics:

• AUM: ₹9,896.30 crore
• NAV: ₹167.62

4. Aditya Birla Sun Life Digital India Fund

The fund targets capital growth with a secondary focus on income generation. It invests in technology-oriented companies and follows a blend of value and growth investing styles through bottom-up stock selection.

Key Metrics:

• AUM: ₹3,882.51 crore
• NAV: ₹141.27 (as of April 2, 2026)

Best Semiconductor Mutual Funds Based on Expense Ratio

Note: Expense ratios are as of April 6, 2026.

Read More: Upcoming NFOs Opening This Week (Apr 6–Apr 10, 2026): Two Mutual Funds and One SIF Open for Subscription.

Conclusion

Technology-focused mutual funds continue to provide indirect exposure to semiconductor-driven growth trends. The April 2026 list highlights funds with varying performance metrics and cost structures.

Investors may consider factors such as returns, expense ratios, and investment strategies before allocating capital. Aligning these funds with overall portfolio objectives remains important for balanced decision-making.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.