Table of Contents
A Mutual Fund is a collective pool (hence the word mutual) of money given by investors with a common objective for purchasing securities (via the fund). The collective pool is formed by the investors in a Mutual Fund, they are regulated in India by the Securities and Exchange Board of India (SEBI).
Those new to finance, planning and investing often hear the term “Mutual Fund (MF)” and ask “What is a Mutual Fund?”, "Which are the best Mutual Funds?", "What are the Types of Mutual Funds", "What are the best Mutual Funds companies?", "How to Invest in Mutual Funds?" etc. MF is becoming an ideal avenue for investors to participate in the debt and equity markets.
In this article, you will clear most of your doubts about Mutual Funds and its industry.
Mutual Funds are a vehicle that collects money from investors to buy securities. These investors have a common objective, and this pool of money is advised by the fund manager who decides how to invest the money. With good fund management, the Mutual Fund Manager (or Portfolio Manager) generates returns for the investors, which are passed back to investors.
Mutual Funds are a regulated industry, there are various rules, guidelines & policies for the MF companies, the fund managers and specifically the funds managed. These regulations are formed by the Securities and Exchange Board of India (SEBI) who is the regulator for Mutual Funds.
As the two words, Mutual connotes getting together and Fund connotes money. Hence by definition, a Mutual Fund is a vehicle for investing money for investors with a common objective. In India, Mutual Funds is a regulated industry with a long history.
Mutual Funds in India came into being in 1963 by an act of parliament. This was done by the government of India with the help of the Reserve Bank of India (RBI). Till 1987, there was no other player in India and it was a monopoly. At that time the industry opened up for the public sector and saw the entry of SBI Mutual Fund. Shortly, other players started coming.
In 1993, the government gave permission the private sector to open up asset management companies. In the next 2 years, 11 more private sector funds came and the year 1996 marked another era with SEBI and the Association of Mutual Funds (AMFI).
AMFI was formed to develop the Indian industry and setup minimum standards.
mutual fund sahi hai is the recently launched campaign by AMFI (Association of Mutual Funds in India) to create investor awareness on Mutual Funds. This campaign is across various media such as TV, newspaper, radio and across the web too. The campaign is not only in English but also across various vernaculars languages. The aim of the Mutual Funds Sahi Hai campaign is to educate people on the various aspects of the industry and increase the penetration of Mutual Funds.
Mutual funds offer investors a route to save money and earn returns over time. One can invest in a lump sum or a fixed amount monthly, more commonly known as a systematic investment plan (SIP). Using a lump sum or SIPs, they inculcate the habit of savings. Investors can start Mutual Fund investments with amounts as low as INR 5000 and in the case of SIPs as low as INR 500. There are various mutual fund calculators, available which help first-time investors decide what amount to start off with. These mutual fund calculators help investors kick-start investments.
Mutual Funds offer a route called the "Systematic Investment Plan (SIP)" where investors can choose to put in a fixed amount of money every month in a scheme. SIPs are a very convenient way for investors as it's automated.
Systematic investing offers many benefits such as rupee cost averaging, power of compounding, low investment amount, etc.
5 Year Returns Across Categories
Category: Equity | 5 Year Return | Category: Debt | 5 Year Return | Category: Hybrid | 5 Year Return | Category: Commodities | 5 Year Return |
---|---|---|---|---|---|---|---|
Large Cap | 14.59 | Long Duration | 5.94 | Aggressive Hybrid | 12.04 | Gold | 9.01 |
Large & MidCap | 14.42 | Medium to Long Duration | 5.26 | Balanced Hybrid | 7.9 | Silver | - |
Flexi Cap | 14.38 | Medium Duration | 5.51 | Conservative Hybrid | 6.81 | - | - |
Multi Cap | -- | Short Duration | 5.79 | Equity Savings | 7.89 | - | - |
Mid Cap | 15.29 | Low Duration | 5.16 | Arbitrage | 4.91 | - | - |
Small Cap | 17.47 | Ultra Short Duration | 5.41 | Dynamic Asset Allocation | 8.81 | - | - |
Value Oriented | 13.68 | Liquid | 5.36 | Multi Asset Allocation | 9.47 | - | - |
ELSS | 14.4 | Money Market | 6.07 | - | - | - | - |
Banking | 10.26 | Overnight | 4.6 | - | - | - | - |
Infrastructure | 12.88 | Dynamic Bond | 5.58 | - | - | - | - |
Pharma | 12.97 | Corporate Bond | 6.64 | - | - | - | - |
Technology | 29.78 | Credit Risk | 3.31 | - | - | - | - |
Thematic | 12.89 | Banking and PSU | 6.9 | - | - | - | - |
Consumption | 14.63 | Floater | 6.67 | - | - | - | - |
Dividend Yield | 14 | FMP | 5.04 | - | - | - | - |
Energy | 15.15 | Gilt | 5.91 | - | - | - | |
ESG | 14.84 | Gilt with 10 year Constant Duration | 6.71 | - | - | - | - |
MNC | 11.88 | - | - | - | - | - | - |
PSU | 4.85 | - | - | - | - | - | - |
International | 10.79 | - | - | - | - | - | - |
(Returns As on 07-Feb-2022)
Mutual Funds over the last few decades have been a phenomenal vehicle for generating returns for retail investors. The above table gives an idea of returns across the various categories of Mutual Funds.
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Equity Mutual Funds can be the Large cap funds, mid cap funds, small cap funds, or multi-cap, these are for investors wanting to take exposure to the equity markets. As the name goes, Equity Funds invest in the equity markets. There are specialist fund managers who specialise in stock selection. They try and select the best stocks for their funds, given the Mutual Fund investment mandate. SEBI has set 1- distinct categories for equity funds.
Large-cap funds invest in large-cap companies which are big sized companies with large balance sheets, big teams and a clear organisation structure in place. The exposure in large-cap stocks has to be a minimum 80 percent of the scheme’s total assets.
Mid-cap funds, on the other hand, invest in smaller-sized companies, these are the emerging stars in their sector and have a potential for growth. Being small in size, these mid-cap companies are very nimble footed and can make changes to product & strategy very quickly. Given this, mid-cap investing brings in a larger risk also. The scheme will invest 65 percent of its total assets in mid-cap stocks.
These are the schemes that invest in both large & mid cap stocks. These funds will invest a minimum of 35 percent each in mid and large cap stocks.
SEBI has set a clear classification as to what is a large cap, mid cap and small cap:
Market Capitalization | Description |
---|---|
Large cap company | 1st to 100th company in terms of full market capitalization |
Mid cap company | 101st to 250th company in terms of full market capitalization |
Small cap company | 251st company onwards in terms of full market capitalization |
In multi-cap funds, the fund manager invests across the board in large-caps and mid-caps without any restriction (the only restriction being the fund mandate). A minimum of 65 percent of its total assets should be allocated to equities.
Equity Linked Savings Schemes (ELSS) is a tax saving fund that comes with a lock-in period of three years. A minimum of 80 percent of its total assets has to be invested in equities.
This fund will predominantly invest in dividend yielding stocks. This scheme will invest a minimum 65 percent of its total assets in equities, but in dividend yielding stocks.
This is an equity fund that will follow the value investment strategy.
This equity scheme will follow the contrarian investment strategy. Value/Contra will invest at least 65 percent of its total assets in equities, but a Mutual Fund house can either offer a value fund or a contra fund, but not both.
This fund will focus on large, mid, small or multi-cap stocks, but can have a maximum of 30 stocks. focused fund can invest at least 65 percent of its total assets in equities.
These are the funds that invest in a particular sector or a theme. At least 80 percent of the total assets of these schemes will be invested in a particular sector or theme.
There are various kinds of debt funds that exist in the Indian markets. These funds invest in various debt & money market instruments such as government securities (G-Secs), commercial papers (CPs), certificate of deposits (CDs) and other instruments. As per SEBI’s new categorization, Debt fund schemes will have 16 categories. Here’s the list:
This debt scheme will invest in overnight securities having a maturity of one day.
These are very "liquid" as the name goes. These are the funds that in most cases would try to generate returns for investors even he/she invests for one day! As per regulations, Liquid Funds invest in debt/money market securities with a maturity of less than 91 days. These are apt for investors looking to park their money for a couple of days. These funds typically don't have any exit load.
On the risk scale, these funds have a risk that is slightly above that of liquid funds. Ultra short term funds invest in debt securities with a slightly higher maturity than liquid funds. These types of Mutual funds can give a minor loss in a day if there is a very sharp upward movement in interest rates. However, these are great for investors looking to invest money between three months to six months. Most ultra short term funds don't have any exit load, even if they do, it is for a week to a fortnight at best.
Low duration debt securities come with a slightly higher maturity than ultra short funds. The scheme will invest in debt and money market securities with a Macaulay duration between six to 12 months.
This scheme will invest in money market instruments such as CDs, CPs, T-Bills having a maturity up to one year.
Short term Mutual Funds are great for investors looking to invest for a year or more. These also invest in debt securities and do take a little bit of interest rate risk. If interest rates move downwards then there will be capital appreciation on the portfolio along with the return earned due to interest. These funds invest in debt and money market instruments with a Macaulay duration of one to three years.
This scheme will invest in debt and money market instruments with a Macaulay duration of three to four years.
This scheme will invest in debt and money market instruments with a Macaulay duration of four to seven years.
This scheme will invest in debt and money market instruments with a Macaulay duration greater than seven years.
A dynamic bond fund is a mutual fund scheme that invests its funds in fixed income securities consisting of varying maturity periods, which means that they invest across all the duration. Here, the fund manager decides on which funds they need to invest based on their perception of the interest rate scenario and future interest rate movements. Based on this decision, they invest in funds across various maturity periods of debt instruments. This mutual fund scheme is suitable for individuals who feel puzzled about the interest rate scenario. Such individuals can rely on the view of the fund managers to earn money through dynamic bonds funds.
Corporate bond funds are essentially a certificate of debt issued by major companies. These are issued as a way of raising money for businesses. Corporate bond funds are a great option when it comes to good return and low-risk type investment. This debt scheme mainly invests in the highest rated corporate bonds. The fund can invest a minimum 80 percent of its total assets in the highest-rated corporate bonds.
This scheme will invest in below the high-rated corporate bonds. The credit risk fund should invest at least 65 percent of its assets below the highest-rated instruments.
This scheme predominantly invests in debt instruments of Banks, Public Financial Institutional, Public Sector Undertakings.
This funds invest in government securities. The maturity of the funds various as per the mandate of the fund. And so does the risk in the fund. Gilt funds are usually used as an avenue to invest by seasoned investors who know what they are doing and are clear on interest rate movements. The higher the duration or maturity of the gilt fund, higher the risk. This funds will invest a minimum 80 percent of its total assets in government securities.
This scheme will invest in government securities with a maturity of 10 years. Gilt Funds with 10-year Constant Duration will invest a minimum 80 percent in government securities.
This debt scheme mainly invests in floating rate instruments. Floater Fund will invest a minimum of 65 percent of its total assets in floating rate instruments.
For the investors in the middle who want to be on the fence, there are balanced funds or hybrid funds. According to the new SEBI’s regulation, there will be six categories of Hybrid Funds:
Hybrid Funds are also commonly known as Balanced Fund. Hybrid funds are a type of Mutual Funds that invest in both equity and debt mutual fund. In other words, this fund acts as a combination of both debt and equity. The conservative hybrid funds will majorly invested in debt instruments. About 75 to 90 percent of their total assets will be invest in debt instruments and about 10 to 25 percent in equity-related instruments. Hybrid funds are a great option for the investors who fear of investing in equity funds. This fund will reduce the risk portion and also help in gaining optimal returns over the time.
This fund will invest around 40-60 percent of its total assets in both debt and equity instruments.
This fund will invest around 65 to 85 percent of its total assets in equity-related instruments and about 20 to 35 percent of their assets in debt instruments. Mutual Fund Houses can offer either a balanced hybrid or an aggressive hybrid fund, not both.
This scheme would dynamically manage their investments in equity and debt instruments.
This scheme can invest in three asset classes, which means that they can invest in an extra asset class apart from equity and debt. The fund should invest at least 10 percent in each of the asset classes. Foreign securities will not be treated as a separate asset class.
An arbitrage fund is a popular short-term financial investment in India. Arbitrage funds are Mutual Funds that leverage the differential price between the cash market and derivative market to generate mutual fund returns. The returns generated by arbitrage funds are dependent on the volatility of the stock market. Arbitrage mutual funds are hybrid in nature and in times of high or persistent volatility, these funds offer relatively risk-free returns to investors. This fund invest at least 65 percent of its assets in equity-related instruments.
This scheme will invest in equity, arbitrage and debt. Equity savings will invest at least 65 percent of the total assets in stocks and a minimum 10 percent in debt. The scheme would state the minimum hedged and unhedged investments in the scheme information document.
This is a retirement solution oriented scheme that will have a lock-in of five years or till the age of retirement.
This is children oriented scheme having a lock-on for five years or until the child attains the age of majority, whichever is earlier.
Index Funds refer to the Mutual Fund schemes whose portfolio is constructed using a market index as a base. In other words, the performance of an index fund is dependent on the performance of a particular index. These schemes are passively managed. These funds contain shares in the similar proportion as they are in a particular index. In India, many of the schemes use Nifty or Sensex as the base to construct their portfolio. For example, if the Nifty portfolio constitutes of SBI shares whose proportion is 12% then; the Nifty Index fund will also have 12% equity shares. This fund can invest at least 95 percent of its total asset in securities of a particular index.
Fund of funds is an option for those whose investment amounts are not too large and it is easier to manage one fund (a fund of funds) rather than a number of Mutual Funds. In this form of mutual fund investment strategy, investors get to hold a number of funds under the umbrella of a single fund, hence the name funds of funds. Often going by the name of multi-manager investment; it is considered as one of the mutual fund categories. One of the key advantages of multi-manager investments is that at a lower ticket size, the investor can diversify themselves across a gamut of mutual fund schemes. This fund can invest a minimum of 95 percent of its total assets in the underlying fund.
Some of the other Mutual Funds to consider:
International Funds invest in international securities or into master funds that are domiciled out of India. Most of these funds invest in equity as an asset class. These can be of various types such as emerging market funds, developed markets funds, commodity-related international funds etc. The DSP Blackrock World Gold Fund is an example of a fund that invests in a master fund based out of India. This fund invests predominantly in gold and other precious metals. Today, there are many international Mutual Funds available in India to the investor.
Gold funds are a new class of funds. These invest in gold ETFs. While gold ETFs are available to the retail investor, anyone wanting to buy an ETF has to do it through the stock exchange, which requires one to have a broking account. In a Mutual Fund, there is no such requirement, an investor can simply fill an application form and get the units allotted after making the payment.
Investors are always searching for the top mutual funds or best mutual funds to invest in. How to select the best mutual fund is another exercise in itself. One needs to look are various things like the goal for investing, fund house, mutual fund rating and over this follow a disciplined approach. Only then can one try and select the best mutual fund.
The top 10 equity mutual funds to invest are always something investors try to seek. From the entire list of the funds available in a category getting to the Top 10 Mutual Funds involves doing many activities to filter the list and get the top & Best Performing Mutual Funds. The top 10 equity mutual funds to invest in are:
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Franklin Build India Fund Growth ₹104.134
↑ 0.36 ₹1,558 15.5 34.4 40.8 34.9 22.6 11.2 IDFC Infrastructure Fund Growth ₹35.849
↓ -0.03 ₹762 10.3 26.5 39.4 35.3 20.6 1.7 L&T Emerging Businesses Fund Growth ₹67.9148
↓ -0.32 ₹11,552 8.3 29 39.3 39 23.2 1 Principal Emerging Bluechip Fund Growth ₹183.316
↑ 2.03 ₹3,124 2.9 13.6 38.9 21.9 19.2 L&T India Value Fund Growth ₹83.3223
↑ 0.17 ₹9,289 11.9 28.4 33.9 27.9 20 5.2 Aditya Birla Sun Life Small Cap Fund Growth ₹70.8123
↓ -0.18 ₹4,580 5 23.1 32 26.3 16.6 -6.5 Tata Equity PE Fund Growth ₹277.238
↑ 1.10 ₹5,973 11.9 23.4 28.2 22.9 17.1 5.9 DSP BlackRock Equity Opportunities Fund Growth ₹466.879
↑ 0.48 ₹8,850 9.3 22.4 24.5 21.7 18.2 4.4 Invesco India Growth Opportunities Fund Growth ₹67.48
↓ -0.04 ₹4,034 10.1 21.6 23.2 19.8 16.4 -0.4 Kotak Equity Opportunities Fund Growth ₹260.507
↑ 0.59 ₹15,261 6.1 17.5 22.9 21.7 18.8 7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 6 Dec 23
The top 10 debt mutual funds to invest are always something investors try to seek. From the entire list of the funds available in a category getting to the top 10 mutual funds involves doing many activities to filter the list and get the top & best performing Mutual Funds. The top 10 debt mutual funds to invest in are:
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2022 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Money Manager Fund Growth ₹328.67
↑ 0.06 ₹16,417 1.7 3.5 7.4 5.3 4.8 7.56% 4M 2D 4M 2D ICICI Prudential Long Term Plan Growth ₹32.4422
↑ 0.02 ₹11,427 1.7 3.1 7.2 5.3 4.5 8% 2Y 8M 5D 4Y 10M 10D Aditya Birla Sun Life Savings Fund Growth ₹486.726
↑ 0.08 ₹13,711 1.6 3.4 7.2 5.2 4.8 7.75% 5M 19D 6M 7D Aditya Birla Sun Life Corporate Bond Fund Growth ₹98.9006
↑ 0.06 ₹17,862 1.4 3 6.9 5 4.1 7.88% 3Y 2M 12D 4Y 5M 19D Principal Cash Management Fund Growth ₹2,064.44
↑ 0.42 ₹4,454 1.7 3.4 6.9 4.9 4.8 7.16% 1M 5D 1M 5D HDFC Corporate Bond Fund Growth ₹28.5272
↑ 0.01 ₹26,809 1.3 2.9 6.9 4.7 3.3 7.79% 2Y 8M 9D 4Y 11M 6D JM Liquid Fund Growth ₹63.9156
↑ 0.01 ₹1,896 1.7 3.4 6.9 4.9 4.8 7.17% 21D 22D HDFC Banking and PSU Debt Fund Growth ₹20.2907
↑ 0.01 ₹6,428 1.3 2.7 6.6 4.5 3.3 7.63% 2Y 4M 1D 3Y 5M 6D SBI Credit Risk Fund Growth ₹40.1807
↑ 0.01 ₹2,689 1.5 3 8.2 5.8 4.2 8.25% 1Y 10M 20D 4Y 18D ICICI Prudential Gilt Fund Growth ₹90.1831
↑ 0.05 ₹4,379 1.6 3.5 7.8 5.1 3.7 7.57% 1Y 8M 19D 5Y 6M 7D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 6 Dec 23
To seek long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from growth and development of infrastructure. HDFC Infrastructure Fund is a Equity - Sectoral fund was launched on 10 Mar 08. It is a fund with High risk and has given a Below is the key information for HDFC Infrastructure Fund Returns up to 1 year are on (Erstwhile Reliance Diversified Power Sector Fund) The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies in the power sector. Nippon India Power and Infra Fund is a Equity - Sectoral fund was launched on 8 May 04. It is a fund with High risk and has given a Below is the key information for Nippon India Power and Infra Fund Returns up to 1 year are on The Fund seeks to provide long-term capital appreciation by investing in mid and small cap companies. Franklin India Smaller Companies Fund is a Equity - Small Cap fund was launched on 13 Jan 06. It is a fund with Moderately High risk and has given a Below is the key information for Franklin India Smaller Companies Fund Returns up to 1 year are on The Scheme seeks to achieve capital appreciation by investing in companies engaged directly or indirectly in infrastructure related activities. Franklin Build India Fund is a Equity - Sectoral fund was launched on 4 Sep 09. It is a fund with High risk and has given a Below is the key information for Franklin Build India Fund Returns up to 1 year are on To provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of equity stocks of companies directly or indirectly involved in the infrastructure growth in the Indian economy and in debt & money market instruments. SBI Infrastructure Fund is a Equity - Sectoral fund was launched on 6 Jul 07. It is a fund with High risk and has given a Below is the key information for SBI Infrastructure Fund Returns up to 1 year are on (Erstwhile JM Basic Fund) The primary objective of the Scheme will be to provide capital appreciation to its Unitholders through judicious deployment of the corpus of the Scheme in sectors categorized under “basic industry” in the normal parlance and in context of the Indian economy, including but not limited to, energy, petrochemicals, oil & gas, power generation & distribution and electrical equipment suppliers, metals and building material. The fund would continue to remain open-ended with a sector focus. JM Value Fund is a Equity - Value fund was launched on 2 Jun 97. It is a fund with High risk and has given a Below is the key information for JM Value Fund Returns up to 1 year are on To generate capital appreciation by investing in Equity and Equity Related Instruments of companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. Invesco India PSU Equity Fund is a Equity - Sectoral fund was launched on 18 Nov 09. It is a fund with High risk and has given a Below is the key information for Invesco India PSU Equity Fund Returns up to 1 year are on To generate capital appreciation by investing predominantly in equity and equity related instruments of companies in the infrastructure sector. L&T Infrastructure Fund is a Equity - Sectoral fund was launched on 27 Sep 07. It is a fund with High risk and has given a Below is the key information for L&T Infrastructure Fund Returns up to 1 year are on The investment objective of the scheme is to seek to generate long-term capital growth through an active diversified portfolio of predominantly equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities. However, there can be no assurance that the investment objective of the scheme will be realized. IDFC Infrastructure Fund is a Equity - Sectoral fund was launched on 8 Mar 11. It is a fund with High risk and has given a Below is the key information for IDFC Infrastructure Fund Returns up to 1 year are on To generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of corporates, which could benefit from structural changes brought about by continuing liberalization in economic policies by the government and/or continuing investments in infrastructure, both by the public and private sector. DSP BlackRock India T.I.G.E.R Fund is a Equity - Sectoral fund was launched on 11 Jun 04. It is a fund with High risk and has given a Below is the key information for DSP BlackRock India T.I.G.E.R Fund Returns up to 1 year are on 1. HDFC Infrastructure Fund
CAGR/Annualized
return of since its launch. Ranked 26 in Sectoral
category. Return for 2022 was 19.3% , 2021 was 43.2% and 2020 was -7.5% . HDFC Infrastructure Fund
Growth Launch Date 10 Mar 08 NAV (06 Dec 23) ₹35.92 ↑ 0.21 (0.59 %) Net Assets (Cr) ₹958 on 31 Oct 23 Category Equity - Sectoral AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.56 Sharpe Ratio 1.82 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 18 ₹10,000 30 Nov 19 ₹10,161 30 Nov 20 ₹8,001 30 Nov 21 ₹12,816 30 Nov 22 ₹15,701 30 Nov 23 ₹22,153 Returns for HDFC Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 6 Dec 23 Duration Returns 1 Month 10.6% 3 Month 12.9% 6 Month 38.2% 1 Year 46.3% 3 Year 39.4% 5 Year 19.1% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2022 19.3% 2021 43.2% 2020 -7.5% 2019 -3.4% 2018 -29% 2017 43.3% 2016 -1.9% 2015 -2.5% 2014 73.9% 2013 -14.4% Fund Manager information for HDFC Infrastructure Fund
Name Since Tenure Rakesh Vyas 1 Jun 19 4.42 Yr. Dhruv Muchhal 22 Jun 23 0.36 Yr. Data below for HDFC Infrastructure Fund as on 31 Oct 23
Equity Sector Allocation
Sector Value Industrials 45.96% Financial Services 16.51% Basic Materials 10.25% Energy 6.22% Utility 5.13% Consumer Cyclical 3.25% Technology 2.41% Real Estate 1.99% Communication Services 1.34% Asset Allocation
Asset Class Value Cash 6.94% Equity 93.06% Top Securities Holdings / Portfolio
Name Holding Value Quantity J Kumar Infraprojects Ltd (Industrials)
Equity, Since 31 Oct 15 | JKIL7% ₹65 Cr 1,613,625 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT6% ₹61 Cr 209,762 Coal India Ltd (Energy)
Equity, Since 31 Oct 18 | COALINDIA6% ₹55 Cr 1,765,000 Premier Explosives Ltd (Basic Materials)
Equity, Since 31 May 17 | PREMEXPLN5% ₹49 Cr 375,467
↑ 18,371 NTPC Ltd (Utilities)
Equity, Since 31 Dec 17 | 5325555% ₹49 Cr 2,084,125 Kalpataru Projects International Ltd (Industrials)
Equity, Since 31 Jan 23 | KPIL5% ₹45 Cr 683,608 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK4% ₹43 Cr 465,000
↑ 20,000 State Bank of India (Financial Services)
Equity, Since 31 Mar 08 | SBIN4% ₹40 Cr 704,361 G R Infraprojects Ltd (Industrials)
Equity, Since 31 Jul 21 | 5433173% ₹30 Cr 269,267
↑ 30,000 AIA Engineering Ltd (Industrials)
Equity, Since 31 Oct 21 | AIAENG3% ₹25 Cr 71,061 2. Nippon India Power and Infra Fund
CAGR/Annualized
return of 18.1% since its launch. Ranked 13 in Sectoral
category. Return for 2022 was 10.9% , 2021 was 48.9% and 2020 was 10.8% . Nippon India Power and Infra Fund
Growth Launch Date 8 May 04 NAV (06 Dec 23) ₹259.614 ↑ 1.07 (0.41 %) Net Assets (Cr) ₹2,707 on 31 Oct 23 Category Equity - Sectoral AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk High Expense Ratio 2.23 Sharpe Ratio 1.68 Information Ratio 1.91 Alpha Ratio 12.2 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 18 ₹10,000 30 Nov 19 ₹9,980 30 Nov 20 ₹10,240 30 Nov 21 ₹16,227 30 Nov 22 ₹18,747 30 Nov 23 ₹26,192 Returns for Nippon India Power and Infra Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 6 Dec 23 Duration Returns 1 Month 11.3% 3 Month 13.3% 6 Month 32.3% 1 Year 43.9% 3 Year 36.6% 5 Year 22.9% 10 Year 15 Year Since launch 18.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 10.9% 2021 48.9% 2020 10.8% 2019 -2.9% 2018 -21.1% 2017 61.7% 2016 0.1% 2015 0.3% 2014 50.8% 2013 -14.6% Fund Manager information for Nippon India Power and Infra Fund
Name Since Tenure Sanjay Doshi 2 Jan 17 6.83 Yr. Kinjal Desai 25 May 18 5.44 Yr. Akshay Sharma 1 Dec 22 0.92 Yr. Data below for Nippon India Power and Infra Fund as on 31 Oct 23
Equity Sector Allocation
Sector Value Industrials 33.92% Utility 16.65% Energy 10.09% Basic Materials 9.68% Consumer Cyclical 6.75% Communication Services 5.83% Real Estate 5.7% Technology 5.1% Health Care 1.78% Asset Allocation
Asset Class Value Cash 4.51% Equity 95.49% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 31 May 09 | 5325557% ₹200 Cr 8,500,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE7% ₹194 Cr 850,000
↑ 50,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 07 | LT7% ₹187 Cr 639,337 Bosch Ltd (Consumer Cyclical)
Equity, Since 31 Aug 21 | 5005306% ₹156 Cr 80,000
↑ 1,351 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 18 | BHARTIARTL5% ₹123 Cr 1,350,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO5% ₹122 Cr 145,000 Kaynes Technology India Ltd (Industrials)
Equity, Since 30 Nov 22 | KAYNES4% ₹95 Cr 397,598
↓ -10,923 Container Corporation of India Ltd (Industrials)
Equity, Since 31 Aug 22 | CONCOR3% ₹88 Cr 1,274,151 Coal India Ltd (Energy)
Equity, Since 31 Aug 23 | COALINDIA3% ₹79 Cr 2,500,000 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Oct 21 | 5328983% ₹73 Cr 3,600,000 3. Franklin India Smaller Companies Fund
CAGR/Annualized
return of 15.9% since its launch. Ranked 11 in Small Cap
category. Return for 2022 was 3.6% , 2021 was 56.4% and 2020 was 18.7% . Franklin India Smaller Companies Fund
Growth Launch Date 13 Jan 06 NAV (06 Dec 23) ₹141.009 ↑ 0.37 (0.27 %) Net Assets (Cr) ₹9,684 on 31 Oct 23 Category Equity - Small Cap AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.89 Sharpe Ratio 2.13 Information Ratio 0.35 Alpha Ratio 9.29 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 18 ₹10,000 30 Nov 19 ₹9,694 30 Nov 20 ₹10,697 30 Nov 21 ₹17,631 30 Nov 22 ₹19,020 30 Nov 23 ₹27,092 Returns for Franklin India Smaller Companies Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 6 Dec 23 Duration Returns 1 Month 8.9% 3 Month 11% 6 Month 30.3% 1 Year 43.1% 3 Year 36.1% 5 Year 22.7% 10 Year 15 Year Since launch 15.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 3.6% 2021 56.4% 2020 18.7% 2019 -5% 2018 -17.4% 2017 43.5% 2016 10.2% 2015 9.6% 2014 89.9% 2013 13.2% Fund Manager information for Franklin India Smaller Companies Fund
Name Since Tenure R. Janakiraman 1 Feb 11 12.76 Yr. Sandeep Manam 18 Oct 21 2.04 Yr. Akhil Kalluri 8 Sep 22 1.15 Yr. Data below for Franklin India Smaller Companies Fund as on 31 Oct 23
Equity Sector Allocation
Sector Value Industrials 26.43% Financial Services 19.57% Consumer Cyclical 12.92% Basic Materials 7.3% Health Care 6.64% Technology 6.64% Consumer Defensive 5.29% Real Estate 5.24% Communication Services 0.99% Utility 0.97% Energy 0.38% Asset Allocation
Asset Class Value Cash 6.31% Equity 93.51% Top Securities Holdings / Portfolio
Name Holding Value Quantity Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 20 | EQUITASBNK5% ₹446 Cr 48,064,081 Brigade Enterprises Ltd (Real Estate)
Equity, Since 30 Jun 14 | 5329294% ₹363 Cr 5,893,691 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | KALYANKJIL3% ₹318 Cr 11,013,469 Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Jan 16 | DEEPAKNTR3% ₹276 Cr 1,387,967 Jyothy Labs Ltd (Consumer Defensive)
Equity, Since 31 Dec 15 | 5329262% ₹233 Cr 6,413,765 KPIT Technologies Ltd (Technology)
Equity, Since 31 Aug 20 | KPITTECH2% ₹228 Cr 1,872,610 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | 5900032% ₹228 Cr 15,898,917
↓ -1,250,000 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 30 Jun 20 | MCX2% ₹222 Cr 954,140 J.B. Chemicals & Pharmaceuticals Ltd (Healthcare)
Equity, Since 30 Jun 14 | JBCHEPHARM2% ₹222 Cr 1,588,976
↓ -75,000 ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 21 | ICICIBANK2% ₹207 Cr 2,259,945 4. Franklin Build India Fund
CAGR/Annualized
return of 17.9% since its launch. Ranked 4 in Sectoral
category. Return for 2022 was 11.2% , 2021 was 45.9% and 2020 was 5.4% . Franklin Build India Fund
Growth Launch Date 4 Sep 09 NAV (06 Dec 23) ₹104.134 ↑ 0.36 (0.35 %) Net Assets (Cr) ₹1,558 on 31 Oct 23 Category Equity - Sectoral AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 2.29 Sharpe Ratio 1.47 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 18 ₹10,000 30 Nov 19 ₹11,033 30 Nov 20 ₹10,449 30 Nov 21 ₹16,674 30 Nov 22 ₹19,122 30 Nov 23 ₹26,047 Returns for Franklin Build India Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 6 Dec 23 Duration Returns 1 Month 11.2% 3 Month 15.5% 6 Month 34.4% 1 Year 40.8% 3 Year 34.9% 5 Year 22.6% 10 Year 15 Year Since launch 17.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 11.2% 2021 45.9% 2020 5.4% 2019 6% 2018 -10.7% 2017 43.3% 2016 8.4% 2015 2.1% 2014 93.8% 2013 6.1% Fund Manager information for Franklin Build India Fund
Name Since Tenure Ajay Argal 18 Oct 21 2.04 Yr. Kiran Sebastian 7 Feb 22 1.73 Yr. Sandeep Manam 18 Oct 21 2.04 Yr. Data below for Franklin Build India Fund as on 31 Oct 23
Equity Sector Allocation
Sector Value Industrials 40.82% Utility 13.59% Financial Services 13.28% Energy 8.94% Consumer Cyclical 5.23% Basic Materials 5.2% Communication Services 4.17% Real Estate 2.33% Technology 0.03% Asset Allocation
Asset Class Value Cash 6.41% Equity 93.59% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 20 | LT10% ₹150 Cr 513,211 NTPC Ltd (Utilities)
Equity, Since 30 Nov 16 | 5325557% ₹108 Cr 4,600,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 19 | 5003126% ₹89 Cr 4,800,000
↑ 1,100,000 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 21 | 5328985% ₹78 Cr 3,866,666 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | ICICIBANK5% ₹73 Cr 800,000
↓ -45,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 09 | BHARTIARTL4% ₹65 Cr 710,000 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 30 Nov 21 | KIRLOSENG4% ₹61 Cr 1,119,847 KEI Industries Ltd (Industrials)
Equity, Since 31 Dec 15 | KEI4% ₹55 Cr 229,407 Ion Exchange (India) Ltd (Industrials)
Equity, Since 30 Nov 21 | IONEXCHANG3% ₹51 Cr 950,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE3% ₹50 Cr 218,000 5. SBI Infrastructure Fund
CAGR/Annualized
return of 8.8% since its launch. Ranked 18 in Sectoral
category. Return for 2022 was 9.3% , 2021 was 48.3% and 2020 was 8.2% . SBI Infrastructure Fund
Growth Launch Date 6 Jul 07 NAV (06 Dec 23) ₹39.6529 ↑ 0.02 (0.05 %) Net Assets (Cr) ₹1,309 on 31 Oct 23 Category Equity - Sectoral AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk High Expense Ratio 2.39 Sharpe Ratio 2.13 Information Ratio 1.16 Alpha Ratio 12.84 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 18 ₹10,000 30 Nov 19 ₹11,478 30 Nov 20 ₹11,501 30 Nov 21 ₹17,725 30 Nov 22 ₹20,239 30 Nov 23 ₹27,822 Returns for SBI Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 6 Dec 23 Duration Returns 1 Month 10.1% 3 Month 15.2% 6 Month 30.8% 1 Year 40.7% 3 Year 33.7% 5 Year 24.3% 10 Year 15 Year Since launch 8.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 9.3% 2021 48.3% 2020 8.2% 2019 10.2% 2018 -18.1% 2017 41.7% 2016 9.3% 2015 2.7% 2014 48.1% 2013 -11.9% Fund Manager information for SBI Infrastructure Fund
Name Since Tenure Mohit Jain 1 Jan 22 1.83 Yr. Bhavin Vithlani 1 Jan 22 1.83 Yr. Data below for SBI Infrastructure Fund as on 31 Oct 23
Equity Sector Allocation
Sector Value Industrials 27.04% Basic Materials 20.97% Consumer Cyclical 10.76% Energy 10% Utility 9.08% Financial Services 8.39% Real Estate 5.31% Communication Services 4.19% Asset Allocation
Asset Class Value Cash 4.25% Equity 95.75% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 19 | RELIANCE8% ₹103 Cr 450,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 07 | LT5% ₹71 Cr 241,619 Torrent Power Ltd (Utilities)
Equity, Since 31 May 22 | 5327795% ₹65 Cr 900,000 Shree Cement Ltd (Basic Materials)
Equity, Since 31 Jul 22 | 5003874% ₹56 Cr 22,000 Solar Industries India Ltd (Basic Materials)
Equity, Since 31 Aug 23 | SOLARINDS4% ₹55 Cr 100,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 07 | BHARTIARTL4% ₹55 Cr 600,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 22 | 5322154% ₹49 Cr 500,000 Esab India Ltd (Industrials)
Equity, Since 28 Feb 21 | ESABINDIA3% ₹45 Cr 78,374 GE T&D India Ltd (Industrials)
Equity, Since 31 Jul 20 | 5222753% ₹44 Cr 1,113,799
↓ -2,698 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Dec 19 | ULTRACEMCO3% ₹42 Cr 50,000 6. JM Value Fund
CAGR/Annualized
return of 16.6% since its launch. Ranked 15 in Value
category. Return for 2022 was 5.3% , 2021 was 36.3% and 2020 was 13.4% . JM Value Fund
Growth Launch Date 2 Jun 97 NAV (06 Dec 23) ₹77.4438 ↑ 0.11 (0.14 %) Net Assets (Cr) ₹287 on 31 Oct 23 Category Equity - Value AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.53 Sharpe Ratio 2.04 Information Ratio 1.41 Alpha Ratio 19.4 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 18 ₹10,000 30 Nov 19 ₹11,257 30 Nov 20 ₹12,005 30 Nov 21 ₹16,801 30 Nov 22 ₹18,467 30 Nov 23 ₹25,236 Returns for JM Value Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 6 Dec 23 Duration Returns 1 Month 9.6% 3 Month 10.2% 6 Month 30% 1 Year 40.1% 3 Year 28.3% 5 Year 21.7% 10 Year 15 Year Since launch 16.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.3% 2021 36.3% 2020 13.4% 2019 11.9% 2018 -11.2% 2017 44.6% 2016 12.1% 2015 3.5% 2014 52.4% 2013 -7.7% Fund Manager information for JM Value Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 2.2 Yr. Asit Bhandarkar 11 Dec 06 16.9 Yr. Gurvinder Wasan 1 Dec 22 0.92 Yr. Data below for JM Value Fund as on 31 Oct 23
Equity Sector Allocation
Sector Value Financial Services 18.18% Industrials 16.85% Consumer Cyclical 14.78% Technology 12.06% Basic Materials 9.29% Consumer Defensive 7.85% Health Care 5.17% Real Estate 5.08% Utility 3.83% Energy 1.95% Communication Services 1.34% Asset Allocation
Asset Class Value Cash 3.63% Equity 96.37% Top Securities Holdings / Portfolio
Name Holding Value Quantity ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 23 | ITC4% ₹12 Cr 284,000
↑ 64,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT4% ₹12 Cr 40,000
↑ 10,000 NTPC Ltd (Utilities)
Equity, Since 30 Jun 22 | 5325554% ₹11 Cr 467,000
↑ 120,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 12 | HDFCBANK4% ₹10 Cr 69,605
↑ 19,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK3% ₹10 Cr 108,000
↑ 31,000 REC Ltd (Financial Services)
Equity, Since 30 Sep 22 | 5329553% ₹9 Cr 321,300 Kalpataru Projects International Ltd (Industrials)
Equity, Since 28 Feb 21 | KPIL3% ₹8 Cr 127,510 Sobha Ltd (Real Estate)
Equity, Since 30 Sep 23 | SOBHA3% ₹8 Cr 112,820
↑ 23,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 16 | ULTRACEMCO3% ₹8 Cr 9,354
↑ 1,700 Jyothy Labs Ltd (Consumer Defensive)
Equity, Since 31 May 23 | 5329263% ₹8 Cr 210,000 7. Invesco India PSU Equity Fund
CAGR/Annualized
return of 11.2% since its launch. Ranked 33 in Sectoral
category. Return for 2022 was 20.5% , 2021 was 31.1% and 2020 was 6.1% . Invesco India PSU Equity Fund
Growth Launch Date 18 Nov 09 NAV (06 Dec 23) ₹44.4 ↑ 0.37 (0.84 %) Net Assets (Cr) ₹530 on 31 Oct 23 Category Equity - Sectoral AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk High Expense Ratio 2.46 Sharpe Ratio 1.14 Information Ratio -1.34 Alpha Ratio -3.1 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 18 ₹10,000 30 Nov 19 ₹11,608 30 Nov 20 ₹11,845 30 Nov 21 ₹16,029 30 Nov 22 ₹19,632 30 Nov 23 ₹25,954 Returns for Invesco India PSU Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 6 Dec 23 Duration Returns 1 Month 13.7% 3 Month 16.8% 6 Month 33.9% 1 Year 39.8% 3 Year 31.6% 5 Year 22.8% 10 Year 15 Year Since launch 11.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 20.5% 2021 31.1% 2020 6.1% 2019 10.1% 2018 -16.9% 2017 24.3% 2016 17.9% 2015 2.5% 2014 54.5% 2013 -15.1% Fund Manager information for Invesco India PSU Equity Fund
Name Since Tenure Dhimant Kothari 19 May 20 3.45 Yr. Data below for Invesco India PSU Equity Fund as on 31 Oct 23
Equity Sector Allocation
Sector Value Financial Services 30.94% Utility 27.22% Industrials 22.87% Energy 15.32% Basic Materials 2.27% Asset Allocation
Asset Class Value Cash 1.37% Equity 98.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 31 May 19 | 53255510% ₹54 Cr 2,276,709 Coal India Ltd (Energy)
Equity, Since 31 Aug 23 | COALINDIA10% ₹51 Cr 1,619,748
↑ 485,752 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Mar 17 | BEL9% ₹50 Cr 3,738,990 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN9% ₹49 Cr 871,599 Bank of Baroda (Financial Services)
Equity, Since 30 Jun 21 | 5321349% ₹46 Cr 2,339,416
↑ 67,536 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 22 | 5328986% ₹33 Cr 1,649,484
↓ -829,274 Indian Bank (Financial Services)
Equity, Since 30 Jun 21 | 5328146% ₹32 Cr 753,091
↑ 162,642 Container Corporation of India Ltd (Industrials)
Equity, Since 31 Mar 17 | CONCOR5% ₹26 Cr 380,072
↑ 45,025 NHPC Ltd (Utilities)
Equity, Since 31 Oct 22 | NHPC5% ₹26 Cr 5,204,950 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | HAL4% ₹22 Cr 118,862 8. L&T Infrastructure Fund
CAGR/Annualized
return of 8.2% since its launch. Return for 2022 was 3.1% , 2021 was 56.3% and 2020 was 1.6% . L&T Infrastructure Fund
Growth Launch Date 27 Sep 07 NAV (06 Dec 23) ₹35.8679 ↓ -0.06 (-0.17 %) Net Assets (Cr) ₹1,811 on 31 Oct 23 Category Equity - Sectoral AMC L&T Investment Management Ltd Rating Risk High Expense Ratio 2.2 Sharpe Ratio 1.51 Information Ratio 1.17 Alpha Ratio 10.94 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 18 ₹10,000 30 Nov 19 ₹9,735 30 Nov 20 ₹9,104 30 Nov 21 ₹14,738 30 Nov 22 ₹16,053 30 Nov 23 ₹21,879 Returns for L&T Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 6 Dec 23 Duration Returns 1 Month 9.5% 3 Month 7.6% 6 Month 25% 1 Year 39.5% 3 Year 33.8% 5 Year 18.5% 10 Year 15 Year Since launch 8.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 3.1% 2021 56.3% 2020 1.6% 2019 -3.1% 2018 -17.1% 2017 61.1% 2016 8.6% 2015 6.8% 2014 65.5% 2013 -7% Fund Manager information for L&T Infrastructure Fund
Name Since Tenure Venugopal Manghat 17 Dec 19 3.87 Yr. Gautam Bhupal 26 Nov 22 0.93 Yr. Data below for L&T Infrastructure Fund as on 31 Oct 23
Equity Sector Allocation
Sector Value Industrials 58.52% Basic Materials 15.35% Utility 7.01% Energy 5.99% Real Estate 3.94% Communication Services 3.64% Technology 1.74% Consumer Cyclical 1.7% Asset Allocation
Asset Class Value Cash 2.11% Equity 97.89% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 12 | LT9% ₹168 Cr 575,062 NTPC Ltd (Utilities)
Equity, Since 31 Jan 22 | 5325557% ₹127 Cr 5,385,500 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Sep 15 | BEL6% ₹105 Cr 7,846,100 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO4% ₹75 Cr 88,900
↑ 11,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE4% ₹73 Cr 318,000
↑ 81,500 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL4% ₹64 Cr 700,800
↑ 49,300 Finolex Cables Ltd (Industrials)
Equity, Since 30 Jun 18 | FINCABLES3% ₹55 Cr 611,600 Ramco Cements Ltd (Basic Materials)
Equity, Since 31 Mar 14 | RAMCOCEM3% ₹50 Cr 501,400 ABB India Ltd (Industrials)
Equity, Since 30 Jun 19 | ABB3% ₹49 Cr 118,600
↓ -11,100 KEC International Ltd (Industrials)
Equity, Since 28 Feb 21 | 5327143% ₹48 Cr 756,600 9. IDFC Infrastructure Fund
CAGR/Annualized
return of 10.5% since its launch. Ranked 1 in Sectoral
category. Return for 2022 was 1.7% , 2021 was 64.8% and 2020 was 6.3% . IDFC Infrastructure Fund
Growth Launch Date 8 Mar 11 NAV (06 Dec 23) ₹35.849 ↓ -0.03 (-0.08 %) Net Assets (Cr) ₹762 on 31 Oct 23 Category Equity - Sectoral AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk High Expense Ratio 2.44 Sharpe Ratio 1.62 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 18 ₹10,000 30 Nov 19 ₹9,716 30 Nov 20 ₹9,452 30 Nov 21 ₹16,623 30 Nov 22 ₹17,596 30 Nov 23 ₹24,150 Returns for IDFC Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 6 Dec 23 Duration Returns 1 Month 10.4% 3 Month 10.3% 6 Month 26.5% 1 Year 39.4% 3 Year 35.3% 5 Year 20.6% 10 Year 15 Year Since launch 10.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 1.7% 2021 64.8% 2020 6.3% 2019 -5.3% 2018 -25.9% 2017 58.7% 2016 10.7% 2015 -0.2% 2014 43.2% 2013 -10.8% Fund Manager information for IDFC Infrastructure Fund
Name Since Tenure Sachin Relekar 8 Dec 20 2.9 Yr. Nishita Shah 31 Jul 23 0.25 Yr. Data below for IDFC Infrastructure Fund as on 31 Oct 23
Equity Sector Allocation
Sector Value Industrials 60.43% Basic Materials 16.91% Utility 11.88% Communication Services 5.12% Real Estate 1.28% Asset Allocation
Asset Class Value Cash 4.37% Equity 95.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT9% ₹70 Cr 239,119 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | ULTRACEMCO6% ₹45 Cr 53,859 Kirloskar Brothers Ltd (Industrials)
Equity, Since 31 Dec 17 | KIRLOSBROS6% ₹42 Cr 466,186 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 19 | BHARTIARTL5% ₹37 Cr 408,700 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Oct 19 | BEL5% ₹36 Cr 2,664,600 ABB India Ltd (Industrials)
Equity, Since 31 Jul 21 | ABB5% ₹35 Cr 84,622 Torrent Power Ltd (Utilities)
Equity, Since 31 Mar 18 | 5327794% ₹32 Cr 442,900 Thermax Ltd (Industrials)
Equity, Since 30 Sep 19 | THERMAX4% ₹32 Cr 112,443 JK Cement Ltd (Basic Materials)
Equity, Since 31 Oct 17 | JKCEMENT4% ₹31 Cr 96,880 Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 30 Apr 15 | AHLUCONT4% ₹29 Cr 431,238 10. DSP BlackRock India T.I.G.E.R Fund
CAGR/Annualized
return of 17.5% since its launch. Ranked 12 in Sectoral
category. Return for 2022 was 13.9% , 2021 was 51.6% and 2020 was 2.7% . DSP BlackRock India T.I.G.E.R Fund
Growth Launch Date 11 Jun 04 NAV (06 Dec 23) ₹231.753 ↑ 0.60 (0.26 %) Net Assets (Cr) ₹2,466 on 31 Oct 23 Category Equity - Sectoral AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk High Expense Ratio 2.24 Sharpe Ratio 1.44 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 18 ₹10,000 30 Nov 19 ₹10,867 30 Nov 20 ₹10,384 30 Nov 21 ₹16,680 30 Nov 22 ₹19,442 30 Nov 23 ₹26,461 Returns for DSP BlackRock India T.I.G.E.R Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 6 Dec 23 Duration Returns 1 Month 12.1% 3 Month 8.4% 6 Month 30.3% 1 Year 39.4% 3 Year 36.4% 5 Year 22.9% 10 Year 15 Year Since launch 17.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 13.9% 2021 51.6% 2020 2.7% 2019 6.7% 2018 -17.2% 2017 47% 2016 4.1% 2015 0.7% 2014 61.3% 2013 -9.1% Fund Manager information for DSP BlackRock India T.I.G.E.R Fund
Name Since Tenure Rohit Singhania 21 Jun 10 13.37 Yr. Jay Kothari 16 Mar 18 5.63 Yr. Charanjit Singh 1 Jan 21 2.83 Yr. Data below for DSP BlackRock India T.I.G.E.R Fund as on 31 Oct 23
Equity Sector Allocation
Sector Value Industrials 48.33% Basic Materials 22.04% Utility 7.13% Consumer Cyclical 6.01% Technology 3.71% Energy 3.15% Communication Services 1.35% Real Estate 1.26% Consumer Defensive 1% Asset Allocation
Asset Class Value Cash 6.01% Equity 93.99% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 04 | LT4% ₹111 Cr 377,499 NTPC Ltd (Utilities)
Equity, Since 30 Nov 17 | 5325554% ₹95 Cr 4,030,210 Apar Industries Ltd (Industrials)
Equity, Since 31 Dec 22 | APARINDS4% ₹89 Cr 172,169 Siemens Ltd (Industrials)
Equity, Since 30 Nov 18 | 5005503% ₹78 Cr 234,753 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 19 | RELIANCE3% ₹78 Cr 339,790 Kalpataru Projects International Ltd (Industrials)
Equity, Since 31 Jan 22 | KPIL3% ₹76 Cr 1,153,020
↓ -7,264 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Mar 22 | HAL3% ₹68 Cr 375,164 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 31 Mar 23 | KIRLOSENG3% ₹66 Cr 1,217,141 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Dec 14 | ULTRACEMCO3% ₹63 Cr 74,347 Solar Industries India Ltd (Basic Materials)
Equity, Since 31 Mar 14 | SOLARINDS2% ₹60 Cr 109,256
There are 42 Mutual Fund companies in India (called Asset Management Companies “AMCs”) which provide mutual fund schemes which investors can invest in. These Mutual Fund companies are regulated by SEBI. Some of the noticeable Mutual Fund Companies are:
SBI Mutual Fund was set up in 1987 by the State Bank of India. Today SBI MF manages INR 1,57,025 crore (Mar-31-2017) of assets. It is one of largest asset management companies in India and offers over 70 funds across categories of equity, debt and balanced.
Setup in the year 2000, HDFC asset management company is one of the prominent asset managers looking after some famous names such as HDFC Equity Funds and the HDFC top 200 Fund. Today, it manages INR 2,37,177 crore (Mar-31-2017) of assets. It has schemes across asset classes and boasts of over 63 schemes that it manages. It is backed by the parent of the very large banking institution called Housing Development Finance Corporation (HDFC).
Setup in 1995, Nippon India Mutual Fund (formerly known as Reliance Mutual Fund) is one of the oldest AMCs in India. With explosive growth over the last 2 decades, today it has over 210890 crores (Mar-31-2017) of assets under management. It manages some of the oldest funds in the industry such as Nippon India Vision Fund, Nippon India Banking Fund, Nippon India Liquid Fund, etc.
UTI Mutual Fund is the oldest asset management company in India. Mutual Funds in India started in 1963 with the formation of the Unit Trust of India (UTI), since then UTI has grown over the years. Today, UTI AMC is a very large asset manager with assets of 1,36,810 crore (Mar-31-2017). Some of its prominent funds are UTI equity fund and UTI MNC Fund. It offers fund across asset classes.
Franklin Mutual Fund was set up in 1995. It is also a large fund house with assets of 81,615 crores (Mar-31-2017). Franklin Templeton Mutual Fund is backed by the US parent Templeton International Inc. Franklin Templeton Mutual Fund is a very process driven fund house
Backed by the Life Insurance Corporation of India (LIC), this mutual fund company started operations in 1994. Today it manages about INR 21,475 crore (Mar-31-2017) of assets.
DSP BlackRock Mutual Fund is a joint venture of DSP Group and BlackRock Inc. Setup in 1996 the fund house manages across asset classes. It manages names such as the DSP Blackrock Microcap Fund & the DSP Blackrock taxsaver Fund.
How to invest in Mutual Funds?There are various avenues to invest, one can go directly to funds houses, also one can use the services of a broker or distributor or one can even use a financial advisor. There are many advantages of using the services of a distributor, instead of going to different AMCs, making the process cumbersome one can use a distributor who can help interact and do the purchases & redemptions with all of them and make the process easy for the investor. Today, investors can also make the purchase of mutual funds online and be sitting at home to complete the entire process.
One can make various Mutual Fund investment plans given the risk profile of the investor. For those who can take higher risk, there are equity funds and for those with lower risk, there are debt/money market funds. One can do goal planning with various calculators to achieve a goal such as buying a house, car or any other asset. Using a SIP over a period of time one can try and achieve these goals. Also, using asset allocation one can choose the mix of assets given the level of risk one can tolerate.
The industry is very transparent; funds are required to publish their prices daily. The price is known as the Net Asset Value (NAV). All mutual funds are required by SEBI to publish their NAV daily. The NAVs are published on websites of most AMCs as well as at the website of AMFI to ensure transparency.
The mutual fund calculator is a very important tool to plan for goals using SIPs and also to see how one can grow using the systematic investment plan. Taking basic inputs such as expected growth rate and inflation it can do all sorts of calculations. Access the calculator here:
Know Your Monthly SIP Amount
Today, there are many index funds also available on the mutual fund platform. These are offered by various mutual fund companies. Other than index funds, there are various Exchange Traded Fund (ETFs) also available on the mutual fund platform.Nifty ETFs, Gold ETFs etc to name a few are all available in the fund's form.
Mutual funds ratings today are provided by many players like CRISIL, ICRA, MorningStar etc to name a few. mutual fund ratings usually take in a number of quantitative as well as qualitative factors to arrive at the final rating. The Mutual Fund rating is a good starting point for an investor in selecting the scheme.
Today, mutual funds have become an important route for retail investors, and choosing the best fund is very important for investors. Investors should always do their bit of research in understanding which funds to invest in and choosing the right distributor/advisor to help them on this journey.
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Best mutual fund for 2 to 5 year investment in single schemes
Educative and very Useful information. Thank you.
Great Read. Informative Page about all types of mutual funds.