Lithium−sulfur (Li−S) batteries have attracted great enthusiasm in recent years. Nevertheless, the serious shuttle effect of lithium polysulfides (Li 2 S n ), poor conductivity of S and intermediate products, and relatively slow dynamics make its commercial application face severe challenges. Here, functionalized M 2 CT 2 MXenes (M = Ti, Nb, Cr; T = bare, O, F, OH) were used as the sulfur host to build multifunctional cathodes, in which the inhibition of the shuttle effect by the anchoring effect and accelerating discharging/charging kinetics by electrocatalysis were studied via first-principles. The strong anchoring strength of M 2 CO 2 /M 2 CF 2 to Li 2 S n could effectively suppress the shuttle behavior. The anchoring ability of MXenes is a double-edged sword, and moderate anchoring strength should be considered. Compared comprehensively, Nb 2 CO 2 has a better electrocatalysis performance for the sulfur reduction reaction during discharging. It also accelerates the decomposition of Li 2 S and migration of Li + on the cathode which increases charging kinetics. The improvement in kinetics is related to the enhancement of electronic conductivities of Nb 2 CO 2 −Li 2 S n composites. In short, Nb 2 CO 2 -based multifunctional sulfur cathodes effectively suppress the shuttle effect and improve reaction kinetics. This work expands the application of the MXene family, especially providing guidelines for the utilization of Nb-based MXene in energy storage.