Fincash » UTI Infrastructure Fund Vs ICICI Prudential Infrastructure Fund
Table of Contents
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 ₹132.26 ↑ 1.38 (1.06 %) ₹2,085 on 31 Mar 24 7 Apr 04 ☆☆☆ Equity Sectoral 28 High 2.3 3.25 -0.61 1.61 Not Available 0-1 Years (1%),1 Years and above(NIL) ICICI Prudential Infrastructure Fund
Growth
Fund Details ₹173.29 ↑ 1.45 (0.84 %) ₹5,186 on 31 Mar 24 31 Aug 05 ☆☆☆ Equity Sectoral 27 High 2.22 3.64 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 5.6% 9.5% 33.1% 56.5% 27.7% 19.7% 14.2% ICICI Prudential Infrastructure Fund
Growth
Fund Details 6.1% 14.6% 39.8% 66.4% 42.7% 27.4% 16.5%
Talk to our investment specialist
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 2023 2022 2021 2020 2019 UTI Infrastructure Fund
Growth
Fund Details 38.2% 8.8% 39.4% 3.4% 6.7% ICICI Prudential Infrastructure Fund
Growth
Fund Details 44.6% 28.8% 50.1% 3.6% 2.6%
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 - 2.58 Yr. ICICI Prudential Infrastructure Fund
Growth
Fund Details ₹100 ₹5,000 Ihab Dalwai - 6.83 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 Mar 19 ₹10,000 31 Mar 20 ₹6,905 31 Mar 21 ₹12,235 31 Mar 22 ₹13,981 31 Mar 23 ₹15,340 31 Mar 24 ₹23,510 ICICI Prudential Infrastructure Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,301 31 Mar 21 ₹11,765 31 Mar 22 ₹15,945 31 Mar 23 ₹19,470 31 Mar 24 ₹31,799
Detailed Portfolio Comparison
UTI Infrastructure Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 4.03% Equity 95.86% Debt 0.11% Equity Sector Allocation
Sector Value Industrials 40.97% Utility 13.86% Communication Services 10.05% Energy 9.46% Basic Materials 7.78% Financial Services 6.02% Real Estate 4.14% Consumer Cyclical 3.58% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 05 | LT11% ₹232 Cr 667,396 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL10% ₹195 Cr 1,737,500 NTPC Ltd (Utilities)
Equity, Since 31 Dec 18 | 5325558% ₹157 Cr 4,675,567
↓ -557,134 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 12 | ULTRACEMCO6% ₹117 Cr 118,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 22 | RELIANCE5% ₹111 Cr 380,000 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Dec 15 | BEL4% ₹74 Cr 3,601,587 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 11 | 5322153% ₹63 Cr 581,655 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | ICICIBANK3% ₹60 Cr 573,320 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 May 13 | ADANIPORTS3% ₹57 Cr 428,278 Torrent Power Ltd (Utilities)
Equity, Since 28 Feb 17 | 5327793% ₹54 Cr 500,759 ICICI Prudential Infrastructure Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 6.85% Equity 92.26% Debt 0.89% Equity Sector Allocation
Sector Value Industrials 29.05% Financial Services 17.86% Basic Materials 16.1% Utility 14.25% Energy 8.84% Communication Services 2.24% Real Estate 2.05% Consumer Cyclical 1.86% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 5325557% ₹359 Cr 10,712,000
↓ -600,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | LT5% ₹264 Cr 760,393
↑ 39,900 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK5% ₹241 Cr 2,290,000
↑ 100,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK5% ₹239 Cr 1,699,500
↑ 760,000 Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 06 | KPIL4% ₹178 Cr 1,844,988
↓ -18,016 NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | NCC3% ₹170 Cr 6,900,000
↓ -758,244 Grasim Industries Ltd (Basic Materials)
Equity, Since 31 Aug 23 | GRASIM3% ₹162 Cr 739,601 Gujarat Gas Ltd (Utilities)
Equity, Since 31 Jan 23 | GUJGASLTD3% ₹161 Cr 2,844,446 Cummins India Ltd (Industrials)
Equity, Since 31 May 17 | 5004802% ₹114 Cr 415,782 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 17 | 5003122% ₹113 Cr 4,257,800
↓ -577,500
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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2024 Shepard Technologies Private Limited. All Rights Reserved