Fincash » UTI Infrastructure Fund Vs ICICI Prudential Infrastructure Fund
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UTI Infrastructure Fund Vs ICICI Prudential Infrastructure Fund
UTI Infrastructure Fund Vs ICICI Prudential Infrastructure Fund is a comparative article that eases the option or process of choosing one fund of the same category for the investors. Both the funds belong to the same category of Mutual Funds- infrastructure sector equity. sector funds are a type of mutual fund that invests in securities of specific sectors of the Economy, such as telecom, banking, FMCG, Information Technology (IT), pharmaceutical and infrastructure. Sector funds carry a higher Volatility than any other Equity Funds. As, high-risk comes with high-reward, sector funds seem to comply with it. So, let us understand the differences between UTI Infrastructure Fund and ICICI Prudential Infrastructure Fund by comparing various parameters such as AUM, NAV, performance, and so on.
UTI Infrastructure Fund
UTI Infrastructure Fund was launched in the year 2004. The fund is an open-ended equity scheme that predominantly invests in stocks of companies which are engaged in the infrastructure growth & development of the country. As the infrastructure sector is a key driver for the economy, companies engaged in this sector tend to perform well in the Market.
The top holdings of the fund as on 31st July 2018 includes Larsen & Toubro Ltd, Shree Cement, Ultratech Cement, ICICI Bank, Yes Bank, State Bank of India, etc.
ICICI Prudential Infrastructure Fund
ICICI Prudential Infrastructure Fund was launched in the year 2005. The fund aims to generate Capital appreciation and Income distribution by Investing predominantly in equity and related securities of the companies belonging to the infrastructure development. The fund also invest a portion of the fund in debt securities and money market instruments.
Some of the top holdings of the fund as on 31st Jul'18 are NTPC Ltd, State Bank of India, Bharti Airtel Ltd, Oil & Natural Gas Corp Ltd, GAIL (India) Ltd, etc.
UTI Infrastructure Fund Vs ICICI Prudential Infrastructure Fund
UTI Infrastructure Fund Vs ICICI Prudential Infrastructure Fund both differ on account of numerous parameters though they belong to the same category. So, let’s understand the differences between them that are classified into four sections, namely, basics section, performance section, yearly performance section, and other details section.
Basics Section
Being the first section, it compares parameters such as current NAV, Fincash Rating, AUM, scheme category and many more. With respect to scheme category, both the schemes are a part of the same category, Sector Equity.
Based on Fincash Rating, it can be said that, both the schemes are rated as 3-Star Schemes.
The comparison of the basics section is as follows.
Parameters Basics NAV Net Assets (Cr) Launch Date Rating Category Sub Cat. Category Rank Risk Expense Ratio Sharpe Ratio Information Ratio Alpha Ratio Benchmark Exit Load UTI Infrastructure Fund
Growth
Fund Details ₹96.3565 ↑ 0.68 (0.71 %) ₹1,666 on 31 Jul 23 7 Apr 04 ☆☆☆ Equity Sectoral 28 High 2.3 1.6 0.55 3.62 Not Available 0-1 Years (1%),1 Years and above(NIL) ICICI Prudential Infrastructure Fund
Growth
Fund Details ₹120.77 ↑ 0.55 (0.46 %) ₹2,917 on 31 Jul 23 31 Aug 05 ☆☆☆ Equity Sectoral 27 High 2.22 2.71 0 0 Not Available 0-1 Years (1%),1 Years and above(NIL)
Performance Section
Being the second section, it analyses the differences in the Compounded Annual Growth Rate or CAGR returns of both the schemes. These CAGR returns are compared at different time intervals such as 1 Month Return, 6 Month Return, 5 Year Return, and Return since Inception. The comparison of CAGR returns reveals that UTI Infrastructure Fund has slightly performed better than ICICI Prudential Infrastructure Fund. The table given below summarizes the comparison of the performance section.
Parameters Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch UTI Infrastructure Fund
Growth
Fund Details 1.9% 11.1% 17.5% 21.7% 27.4% 12.3% 12.9% ICICI Prudential Infrastructure Fund
Growth
Fund Details 3% 13.6% 21.6% 36.5% 38.7% 19.1% 14.9%
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Yearly Performance Section
The comparison of absolute returns generated by both the schemes for a particular year is done in the yearly performance section. The analysis of absolute returns shows that for certain years UTI Infrastructure Fund has performed slightly better than ICICI Prudential Infrastructure Fund. The summary comparison of the yearly performance section is tabulated as follows.
Parameters Yearly Performance 2022 2021 2020 2019 2018 UTI Infrastructure Fund
Growth
Fund Details 8.8% 39.4% 3.4% 6.7% -15.6% ICICI Prudential Infrastructure Fund
Growth
Fund Details 28.8% 50.1% 3.6% 2.6% -14%
Other Details Section
The minimum SIP Investment and minimum lumpsum investment are some of the parameters that form part of the other details section. The minimum lumpsum investment for both the schemes is same, that is, INR 5,000. However, the schemes differ on account of minimum SIP investment. The SIP amount for UTI Infrastructure Fund is INR 500 and in case of ICICI Prudential Infrastructure Fund is INR 1000.
Sanjay Dongre is the current senior fund manager with UTI Mutual Fund.
ICICI Prudential Infrastructure Fund is jointly managed by Sankaran Naren and Ihab Dalwai.
The table given below summarizes the comparison of other details section.
Parameters Other Details Min SIP Investment Min Investment Fund Manager UTI Infrastructure Fund
Growth
Fund Details ₹500 ₹5,000 Sachin Trivedi - 2 Yr. ICICI Prudential Infrastructure Fund
Growth
Fund Details ₹100 ₹5,000 Ihab Dalwai - 6.25 Yr.
Growth of 10k Investments over the years
UTI Infrastructure Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,949 31 Aug 20 ₹8,451 31 Aug 21 ₹13,987 31 Aug 22 ₹14,963 31 Aug 23 ₹17,755 ICICI Prudential Infrastructure Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,033 31 Aug 20 ₹8,472 31 Aug 21 ₹14,496 31 Aug 22 ₹17,743 31 Aug 23 ₹23,558
Detailed Portfolio Comparison
UTI Infrastructure Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 3.82% Equity 96.04% Debt 0.13% Equity Sector Allocation
Sector Value Industrials 43.49% Utility 13.03% Communication Services 9.43% Basic Materials 8.33% Financial Services 7.35% Energy 6.45% Consumer Cyclical 4.29% Real Estate 3.68% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 05 | LT11% ₹184 Cr 681,500 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL9% ₹149 Cr 1,737,500 NTPC Ltd (Utilities)
Equity, Since 31 Dec 18 | 5325557% ₹111 Cr 5,058,744 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 12 | ULTRACEMCO6% ₹98 Cr 118,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 22 | RELIANCE4% ₹72 Cr 300,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | ICICIBANK4% ₹65 Cr 673,320 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 11 | 5322153% ₹57 Cr 581,655 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Dec 15 | BEL3% ₹53 Cr 3,951,587 Bharat Forge Ltd (Consumer Cyclical)
Equity, Since 30 Jun 12 | 5004933% ₹44 Cr 410,000 Siemens Ltd (Industrials)
Equity, Since 31 Mar 12 | 5005502% ₹40 Cr 101,442 ICICI Prudential Infrastructure Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 3.44% Equity 95.36% Debt 1.21% Equity Sector Allocation
Sector Value Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 5325559% ₹278 Cr 12,600,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | LT6% ₹176 Cr 649,833
↑ 20,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK5% ₹142 Cr 1,480,000
↑ 200,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 16 | BHARTIARTL4% ₹130 Cr 1,520,601
↑ 17,242 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 17 | 5003124% ₹124 Cr 7,145,300 Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 06 | KPIL4% ₹122 Cr 1,841,962 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK4% ₹117 Cr 744,300 NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | NCC4% ₹107 Cr 6,300,000 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Jan 20 | TATASTEEL2% ₹72 Cr 5,831,751
↑ 1,500,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 5322152% ₹60 Cr 620,000
Therefore, in a nutshell, it can be said that both the schemes differ on account of numerous parameters. As a consequence, individuals should be very careful while choosing any of the schemes for investment. They should understand the modalities of the scheme completely and check whether the scheme matches their investment parameters or not. This will help individuals to attain their objectives on time and in a hassle-free manner.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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