MFCompareMutual Fund Analytics
Back to Home
Compare Schemes
Shariah Compliant

Halal Funds Directory

Certified ethical and Shariah-compliant mutual funds in India strictly excluding interest (Riba), conventional banking, alcohol, tobacco, and gambling.

Curated list. Scheme selection is editorially maintained and verified against AMC SID/KIM filings, AMFI and SEBI disclosures. NAVs shown are live from AMFI. Any metric that cannot be verified from an official source is shown as "Info Not Available". Always confirm current terms on the AMC's official website before investing.

Shariah Compliant & Ethical Schemes (5 Funds)

Screened by TASIS / NSE Shariah Index
Equity - Thematic / EthicalTASIS Certified (Oldest)
Tata Ethical Fund - Direct Plan - Growth

India's largest and oldest Shariah-compliant fund (launched in 1996) with multi-decade compounding pedigree.

Shariah Certifier:TASIS (Taqwaa Advisory and Shariah Investment)
Benchmark:Nifty 500 Shariah TRI
Fund House:Tata Mutual Fund
Latest NAV:Info Available
Details
Equity - Thematic / EthicalTASIS Certified
Taurus Ethical Fund - Direct Plan - Growth

Diversified active multi-cap equity portfolio fully compliant with Islamic Shariah investment standards.

Shariah Certifier:TASIS Certified Universe
Benchmark:S&P BSE 500 Shariah TRI
Fund House:Taurus Mutual Fund
Latest NAV:Info Available
Details
Index Fund / Shariah PassivePassive Shariah Index
UTI Nifty500 Shariah Index Fund - Direct Plan - Growth

First low tracking error passive Shariah index fund in India offering institutional-grade transparency.

Shariah Certifier:TASIS Certified Universe
Benchmark:Nifty 500 Shariah Index
Fund House:UTI Mutual Fund
Latest NAV:Info Available
Details
Equity - Thematic / EthicalValue + Shariah
Quantum Ethical Fund - Direct Plan - Growth Option

Zero-debt and low-leverage value portfolio with high standards of corporate governance.

Shariah Certifier:Shariah Supervisory Board
Benchmark:Nifty 500 Shariah TRI
Fund House:Quantum Mutual Fund
Latest NAV:Info Available
Details
Exchange Traded Fund (ETF)Exchange Traded (BeES)
Nippon India ETF Nifty 50 Shariah BeES - Direct Plan

Tradeable in real-time on NSE/BSE for instant liquidity and transparent ethical investing.

Shariah Certifier:NSE / TASIS Shariah Index
Benchmark:Nifty 50 Shariah Index
Fund House:Nippon India Mutual Fund
Latest NAV:Info Available
Details