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Mutual Fund in India

Updated on March 22, 2019 , 3407 views

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” and ask “what is a Mutual Fund?”, "which are the best Mutual Funds?", "what are the Types of Mutual Funds", "what are the companies?", "How to Invest in Mutual Funds?" etc. Mutual Funds today are becoming more common with investors and have in the recent years become an avenue by which investors can participate in the debt and equity markets.

what-is-a-mutual-fund

We shall try to answer to most of the queries related to Mutual Funds here.

Overview

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 mutual fund companies, the fund managers and specifically the funds being managed also. These regulations are formed by the Securities and Exchange Board of India (SEBI) who is the regulator for Mutual Funds.

Mutual Funds Meaning

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 Basics

The basics of Mutual Funds entails getting a basic understanding of Mutual Fund's, the advantages of Mutual Funds and dis-advantages of Mutual Funds. One can use various sources to obtain knowledge. In this article, we have tried to cover most aspects of Mutual Fund basics.

Mutual Funds 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 the another player called SBI Mutual Fund. Other players too came in shortly thereafter.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 in. 1996 marked another era with SEBI and AMFI coming in.

Mutual Funds India

The Association of Mutual Funds in India was formed to develop the industry and setup minimum standards.

Mutual Funds Sahi Hai

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 Investment

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.

Systematic Investment Plans: SIP In Mutual Funds

Mutual Funds offer a route called the "Systematic Investment Plan" or SIP where investors can choose to put in a fixed amount of money every month in a scheme of a mutual fund. SIPs are a very convenient way for investors to invest since after the first investment, subsequent investments are automated and the investor can sit back and relax. Systematic investment plans ( SIPs) also offer rupee cost averaging and there are many benefits of SIPs.

Mutual Fund Returns

5 Year Returns Across Categories

Category: Equity Avg. 5Y Ret. Category: Balanced Avg. 5Y Ret. Category: Fixed Income Avg. 5Y Ret Category: Money Market Avg. 5Y Ret.
ELSS (Tax Saving) 18.88 Conservative Allocation 10.56 Corporate Credit 9.54 Liquid 8.3
Equity - Other 18.72 Hybrid Allocation 11.15 Dynamic Bond 9.43 Ultrashort Bond 8.64
Flexi Cap 18.89 Moderate Allocation 15. 62 Intermediate Bond 8.93 -
Large Cap 15.33 - Intermediate Government Bond 9.91 -
- - Long Term Government Bond 9.87 -
- - Short Term Bond 8.72 -
- - Short Term Government Bond 8.63

(*Return as of 10th June 2017)

Mutual Funds over the last few decades have been a phenomenal vehicle for generating returns for retail investors. To give an idea of returns over the last years, the above table gives an idea of returns across the various categories of Mutual Funds.

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Types Of Mutual Funds

On 6th October 2017, Securities of Exchange Board of India (SEBI) introduced new and broad categories in Mutual Funds in order to bring uniformity in similar schemes launched by the different Mutual Funds. This is to aim and ensure that investors can find it easier to compare the products and evaluate the different options available before investing in a scheme.

SEBI intends to make Mutual Fund investment easier for the investors. Investors could invest according to their needs, financial goals and risk ability. This mandates Mutual Fund Houses to categorize all their schemes (existing & future scheme) into 5 broad categories and 36 sub-categories. Let’s see the new distinct categories introduced by SEBI in Equity Funds, Debt Funds, Hybrid Funds, Solution Oriented Funds and other schemes

1 Equity Funds

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.

1.1. Large Cap Equity Fund

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.

1.2. Mid Cap Fund

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.

1.3. Large and Mid Cap Fund

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

1.4. Multi Cap Equity Fund

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.

1.5. Equity Linked Savings Scheme

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.

1.6. Dividend Yield Fund

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.

1.7. Value Fund

This is an equity fund that will follow the value investment strategy.

1.8. Contra Fund

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.

1.9. Focused Fund

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.

1.10. Sector/Thematic Fund

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.

2 Debt Funds

Then there are debt funds, which invest in debt instruments. 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:

2.1. Overnight Fund

This debt scheme will invest in overnight securities having a maturity of one day.

2.2. Liquid Fund

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.

2.3. Ultra Short Duration Fund

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.

2.4. Low Duration Fund

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.

2.5. Money Market Fund

This scheme will invest in money market instruments such as CDs, CPs, T-Bills having a maturity up to one year.

2.6. Short Term Fund

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.

2.7. Medium Duration Fund

This scheme will invest in debt and money market instruments with a Macaulay duration of three to four years.

2.8. Medium to Long Duration Fund

This scheme will invest in debt and money market instruments with a Macaulay duration of four to seven years.

2.9. Long Duration Fund

This scheme will invest in debt and money market instruments with a Macaulay duration greater than seven years.

2.10. Dynamic Bond Fund

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.

2.11. Corporate Bond Fund

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.

2.12. Credit Risk Fund

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.

2.13. Banking and PUS Fund

This scheme predominantly invests in debt instruments of Banks, Public Financial Institutional, Public Sector Undertakings.

2.14. Gilt Fund

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.

2.15. Gilt Fund with 10-year Constant Duration

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.

2.16. Floater Fund

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.

3. Hybrid Funds

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:

3.1. Conservative Hybrid Fund

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.

3.2. Balanced Hybrid Fund

This fund will invest around 40-60 percent of its total assets in both debt and equity instruments.

3.3. Aggressive Hybrid Fund

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.

3.4. Dynamic Asset Allocation or Balanced Advantage Fund

This scheme would dynamically manage their investments in equity and debt instruments.

3.5. Multi Asset Allocation

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.

3.6. Arbitrage Fund

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.

3.7. Equity Savings

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.

4. Solution Oriented Schemes

4.1. Retirement Fund

This is a retirement solution oriented scheme that will have a lock-in of five years or till the age of retirement.

4.2. Children’s Fund

This is children oriented scheme having a lock-on for five years or until the child attains the age of majority, whichever is earlier.

5. Other Schemes

5.1. Index Fund/ETF

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.

5.2. FoFs (Overseas Domestic)

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:

5.3. International Funds

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.

5.4. Gold Funds

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.

Best Mutual Funds

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.

Top 10 Mutual Funds: Equity

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:

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
ICICI Prudential Banking and Financial Services Fund Growth ₹63.74
↓ -0.55
₹2,6046.41113.425.123.3-0.4
Mirae Asset India Equity Fund  Growth ₹50.465
↓ -0.24
₹10,5605.53.512.417.718.8-0.6
Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹28.51
↓ -0.19
₹1,5335.46.910.521.522-2.4
Kotak Standard Multicap Fund Growth ₹34.866
↓ -0.13
₹21,6825.53.610.316.619-0.9
Axis Focused 25 Fund Growth ₹26.68
↓ -0.14
₹6,762-0.1-3.67.51716.70.6
Invesco India Growth Opportunities Fund Growth ₹33.72
↓ -0.29
₹1,1154.31.47.415.916.3-0.2
Tata India Tax Savings Fund Growth ₹17.9189
↓ -0.05
₹1,5986.45.96.715.7 -8.4
Kotak Equity Opportunities Fund Growth ₹118.353
↓ -0.13
₹2,3125.44.26.71517.1-5.6
Franklin Build India Fund Growth ₹41.7987
↓ -0.15
₹1,1226.15.36.115.322.6-10.7
DSP BlackRock Equity Opportunities Fund Growth ₹218.44
↓ -1.05
₹5,4165.32.341517.4-9.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Mar 19

Top 10 Mutual Funds: Debt

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:

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2018 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Franklin India Ultra Short Bond Fund - Super Institutional Plan Growth ₹26.2002
↑ 0.01
₹16,7122.55.29.298.79.53%4M 20D5M 27D
Franklin India Low Duration Fund Growth ₹21.6725
↑ 0.01
₹6,8752.55.28.99.18.410.35%8M 16D10M 6D
Franklin India Dynamic Accrual Fund Growth ₹66.4164
↑ 0.04
₹3,7892.25.98.69.48.411.19%1Y 10M 6D2Y 5M 29D
Aditya Birla Sun Life Money Manager Fund Growth ₹249.502
↑ 0.05
₹7,6902.14.28.37.57.97.45%4M 10D4M 10D
Aditya Birla Sun Life Savings Fund Growth ₹367.872
↑ 0.11
₹14,0182.14.47.987.68.39%3M 22D4M 2D
Aditya Birla Sun Life Corporate Bond Fund Growth ₹71.3491
↑ 0.06
₹15,1342.45.37.8878.45%1Y 1M 17D1Y 5M 8D
HDFC Corporate Bond Fund Growth ₹20.7243
↑ 0.02
₹11,7932.75.77.88.16.58.51%2Y 4M 10D3Y 2M 8D
DHFL Pramerica Insta Cash Fund Growth ₹241.578
↑ 0.05
₹1,7941.83.77.67.27.47.48%1M 10D1M 10D
JM Liquid Fund Growth ₹50.8378
↑ 0.01
₹2,5591.83.77.57.27.47.14%13D13D
Indiabulls Liquid Fund Growth ₹1,811.24
↑ 0.35
₹5,0451.83.67.47.27.36.93%26D29D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Mar 19
*Below is the detailed list of top mutual funds based on last one year CAGR/Annualized returns & having AUM between 200 - 10,000 Crores across categories (Equity, Debt, Hybrid, Gold etc.)

1. TATA Digital India Fund

The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in Information Technology Sector in India.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.

TATA Digital India Fund is a Equity - Sectoral fund was launched on 28 Dec 15. It is a fund with High risk and has given a CAGR/Annualized return of 13.4% since its launch.  Return for 2018 was 24.9% , 2017 was 19.6% and 2016 was -6% .

Below is the key information for TATA Digital India Fund

TATA Digital India Fund
Growth
Launch Date 28 Dec 15
NAV (22 Mar 19) ₹14.9933 ↓ -0.02   (-0.11 %)
Net Assets (Cr) ₹422 on 28 Feb 19
Category Equity - Sectoral
AMC Tata Asset Management Limited
Rating Not Rated
Risk High
Expense Ratio 2.86
Sharpe Ratio 0.83
Information Ratio -0.01
Alpha Ratio -3.86
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-3 Months (0.25%),3 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
29 Feb 16₹9,531
28 Feb 17₹9,505
28 Feb 18₹12,487
28 Feb 19₹15,068

TATA Digital India Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for TATA Digital India Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 0.7%
3 Month 8.3%
6 Month -2.2%
1 Year 22.3%
3 Year 13.4%
5 Year
10 Year
15 Year
Since launch 13.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 24.9%
2017 19.6%
2016 -6%
2015
2014
2013
2012
2011
2010
2009
Fund Manager information for TATA Digital India Fund
NameSinceTenure
Sailesh Jain9 Nov 180.23 Yr.
Meeta Shetty9 Nov 180.23 Yr.

Data below for TATA Digital India Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Technology95.38%
Asset Allocation
Asset ClassValue
Cash4.44%
Equity95.79%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 16 | INFY
31%₹133 Cr1,805,186
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 16 | TCS
17%₹71 Cr357,200
Tech Mahindra Ltd (Technology)
Equity, Since 30 Apr 16 | 532755
10%₹43 Cr517,700
Wipro Ltd (Technology)
Equity, Since 31 Jul 18 | 507685
6%₹24 Cr650,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 16 | PERSISTENT
5%₹23 Cr351,200
NIIT Technologies Ltd (Technology)
Equity, Since 31 Jan 16 | 532541
5%₹22 Cr170,000
A) Repo
CBLO/Reverse Repo | -
4%₹19 Cr
Cyient Ltd (Technology)
Equity, Since 31 Dec 17 | CYIENT
4%₹18 Cr284,500
Oracle Financial Services Software Ltd (Technology)
Equity, Since 31 Mar 16 | 532466
4%₹16 Cr45,400
Larsen & Toubro Infotech Ltd (Technology)
Equity, Since 30 Jun 18 | 540005
4%₹16 Cr92,000

2. SBI Banking & Financial Services Fund

The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized.

SBI Banking & Financial Services Fund is a Equity - Sectoral fund was launched on 26 Feb 15. It is a fund with High risk and has given a CAGR/Annualized return of 14.7% since its launch.  Return for 2018 was 9.5% , 2017 was 40.7% and 2016 was 17% .

Below is the key information for SBI Banking & Financial Services Fund

SBI Banking & Financial Services Fund
Growth
Launch Date 26 Feb 15
NAV (22 Mar 19) ₹17.4801 ↓ -0.07   (-0.38 %)
Net Assets (Cr) ₹632 on 28 Feb 19
Category Equity - Sectoral
AMC SBI Funds Management Private Limited
Rating Not Rated
Risk High
Expense Ratio 3.02
Sharpe Ratio 0.35
Information Ratio 0.12
Alpha Ratio 0.2
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,047
28 Feb 17₹12,177
28 Feb 18₹14,883
28 Feb 19₹16,196

SBI Banking & Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹570,326.
Net Profit of ₹270,326
Invest Now

Returns for SBI Banking & Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 7.2%
3 Month 5.6%
6 Month 9.2%
1 Year 21%
3 Year 25.1%
5 Year
10 Year
15 Year
Since launch 14.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 9.5%
2017 40.7%
2016 17%
2015
2014
2013
2012
2011
2010
2009
Fund Manager information for SBI Banking & Financial Services Fund
NameSinceTenure
Sohini Andani26 Feb 153.93 Yr.

Data below for SBI Banking & Financial Services Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services93.81%
Asset Allocation
Asset ClassValue
Cash6.19%
Equity93.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK
13%₹82 Cr2,355,814
↑ 100,000
GRUH Finance Ltd (Financial Services)
Equity, Since 31 Jan 19 | 511288
10%₹65 Cr2,625,000
↑ 1,918,600
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANK
10%₹64 Cr309,000
↓ -100,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | KOTAKBANK
10%₹62 Cr510,000
↑ 25,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
10%₹62 Cr870,000
↓ -50,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 18 | SBIN
9%₹55 Cr2,060,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 31 Jul 17 | 540611
6%₹39 Cr678,045
Treps
CBLO/Reverse Repo | -
5%₹33 Cr
PNB Housing Finance Ltd (Financial Services)
Equity, Since 30 Jun 18 | PNBHOUSING
4%₹27 Cr306,200
↓ -170,800
Muthoot Capital Services Ltd (Financial Services)
Equity, Since 30 Nov 17 | 511766
4%₹26 Cr325,436

3. ICICI Prudential Technology Fund

To generate long-term capital appreciation for you from a portfolio made up predominantly of equity and equity-related securities of technology intensive companies.

ICICI Prudential Technology Fund is a Equity - Sectoral fund was launched on 3 Mar 00. It is a fund with High risk and has given a CAGR/Annualized return of 9.8% since its launch.  Ranked 37 in Sectoral category.  Return for 2018 was 19.1% , 2017 was 19.8% and 2016 was -4% .

Below is the key information for ICICI Prudential Technology Fund

ICICI Prudential Technology Fund
Growth
Launch Date 3 Mar 00
NAV (22 Mar 19) ₹59.41 ↑ 0.09   (0.15 %)
Net Assets (Cr) ₹480 on 28 Feb 19
Category Equity - Sectoral
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.93
Sharpe Ratio 0.85
Information Ratio 0.04
Alpha Ratio -2.72
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.

DateValue
28 Feb 14₹10,000
28 Feb 15₹12,787
29 Feb 16₹11,151
28 Feb 17₹11,919
28 Feb 18₹15,382
28 Feb 19₹17,777

ICICI Prudential Technology Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for ICICI Prudential Technology Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month -0.9%
3 Month 6.9%
6 Month -2.3%
1 Year 16.7%
3 Year 13.1%
5 Year 14%
10 Year
15 Year
Since launch 9.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 19.1%
2017 19.8%
2016 -4%
2015 3.9%
2014 26.3%
2013 62.6%
2012 17.1%
2011 -18.9%
2010 44.5%
2009 123.1%
Fund Manager information for ICICI Prudential Technology Fund
NameSinceTenure
Sankaran Naren14 Jul 171.55 Yr.
Ashwin Jain4 Oct 162.33 Yr.

Data below for ICICI Prudential Technology Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Technology90.68%
Asset Allocation
Asset ClassValue
Cash9.32%
Equity90.68%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY
37%₹178 Cr2,418,690
Larsen & Toubro Infotech Ltd (Technology)
Equity, Since 31 Jul 16 | 540005
12%₹57 Cr329,812
Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | 532755
11%₹51 Cr619,950
Treps
CBLO/Reverse Repo | -
10%₹49 Cr
Cognizant Technology Solutions Corp A (Technology)
Equity, Since 31 Jul 18 | CTSH
10%₹47 Cr92,110
Oracle Financial Services Software Ltd (Technology)
Equity, Since 31 Mar 11 | 532466
8%₹36 Cr103,969
Hexaware Technologies Ltd (Technology)
Equity, Since 31 Oct 18 | 532129
7%₹36 Cr1,005,930
Cyient Ltd (Technology)
Equity, Since 30 Jun 18 | CYIENT
4%₹19 Cr289,446
Nucleus Software Exports Ltd (Technology)
Equity, Since 30 Sep 09 | 531209
3%₹12 Cr369,241
Net Current Assets
Net Current Assets | -
1%-₹4 Cr

4. TATA Banking and Financial Services Fund

The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.

TATA Banking and Financial Services Fund is a Equity - Sectoral fund was launched on 28 Dec 15. It is a fund with High risk and has given a CAGR/Annualized return of 20.5% since its launch.  Return for 2018 was -0.1% , 2017 was 45% and 2016 was 17.8% .

Below is the key information for TATA Banking and Financial Services Fund

TATA Banking and Financial Services Fund
Growth
Launch Date 28 Dec 15
NAV (22 Mar 19) ₹18.2808 ↓ -0.10   (-0.53 %)
Net Assets (Cr) ₹253 on 28 Feb 19
Category Equity - Sectoral
AMC Tata Asset Management Limited
Rating Not Rated
Risk High
Expense Ratio 2.84
Sharpe Ratio -0.03
Information Ratio -0.26
Alpha Ratio -7.72
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-3 Months (0.25%),3 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
29 Feb 16₹8,907
28 Feb 17₹13,776
28 Feb 18₹16,537
28 Feb 19₹16,632

TATA Banking and Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹530,691.
Net Profit of ₹230,691
Invest Now

Returns for TATA Banking and Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 9.2%
3 Month 8%
6 Month 11%
1 Year 14.6%
3 Year 22.5%
5 Year
10 Year
15 Year
Since launch 20.5%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -0.1%
2017 45%
2016 17.8%
2015
2014
2013
2012
2011
2010
2009
Fund Manager information for TATA Banking and Financial Services Fund
NameSinceTenure
Sonam Udasi1 Apr 162.84 Yr.
Amey Sathe18 Jun 180.62 Yr.

Data below for TATA Banking and Financial Services Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services98.55%
Asset Allocation
Asset ClassValue
Cash1.77%
Equity98.55%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | HDFCBANK
25%₹63 Cr303,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
12%₹29 Cr835,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 17 | HDFC
11%₹29 Cr156,800
↑ 15,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
8%₹21 Cr170,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
6%₹14 Cr200,000
Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Mar 16 | 532978
5%₹13 Cr20,500
DCB Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | 532772
4%₹11 Cr595,000
Max Financial Services Ltd (Financial Services)
Equity, Since 31 Mar 16 | 500271
4%₹11 Cr272,300
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
4%₹11 Cr40,500
Muthoot Finance Ltd (Financial Services)
Equity, Since 30 Jun 16 | 533398
4%₹10 Cr195,000

5. UTI Nifty Index Fund

The principal investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavour to achieve return equivalent to Nifty 50 by “passive” investment. The scheme will be managed by replicating the index in the same weightage as in the Nifty 50 Index with the intention of minimising the performance differences between the scheme and the Nifty 50 Index in capital terms, subject to market liquidity, costs of trading, management expenses and other factors which may cause tracking error. The scheme would alter the scrips/weights as and when the same are altered in the Nifty 50 Index.

UTI Nifty Index Fund is a Others - Index Fund fund was launched on 6 Mar 00. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.1% since its launch.  Ranked 68 in Index Fund category.  Return for 2018 was 4.3% , 2017 was 29.7% and 2016 was 4% .

Below is the key information for UTI Nifty Index Fund

UTI Nifty Index Fund
Growth
Launch Date 6 Mar 00
NAV (22 Mar 19) ₹74.5501 ↓ -0.40   (-0.54 %)
Net Assets (Cr) ₹1,127 on 28 Feb 19
Category Others - Index Fund
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 0.2
Sharpe Ratio 0.11
Information Ratio -2.63
Alpha Ratio -0.32
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹14,134
29 Feb 16₹11,275
28 Feb 17₹14,451
28 Feb 18₹17,231
28 Feb 19₹17,919

UTI Nifty Index Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for UTI Nifty Index Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.3%
3 Month 6.8%
6 Month 3.2%
1 Year 14.3%
3 Year 15.2%
5 Year 13%
10 Year
15 Year
Since launch 11.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 4.3%
2017 29.7%
2016 4%
2015 -3.3%
2014 31.8%
2013 6.9%
2012 28.3%
2011 -24.8%
2010 17.7%
2009 73.8%
Fund Manager information for UTI Nifty Index Fund
NameSinceTenure
Kaushik Basu1 Jul 117.59 Yr.
Sharwan Kumar Goyal2 Jul 180.58 Yr.

Data below for UTI Nifty Index Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash0.08%
Equity99.92%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
10%₹116 Cr560,192
↑ 14,784
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 03 | RELIANCE
10%₹110 Cr892,455
↑ 23,365
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFC
7%₹79 Cr429,819
↑ 11,335
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
6%₹73 Cr990,962
↑ 25,961
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC
5%₹62 Cr2,235,230
↑ 58,766
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | ICICIBANK
5%₹59 Cr1,679,102
↑ 43,961
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS
5%₹54 Cr273,937
↑ 7,171
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | KOTAKBANK
4%₹42 Cr348,084
↑ 9,114
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 04 | LT
4%₹42 Cr321,746
↑ 8,430
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 532215
3%₹33 Cr462,649
↑ 12,196

6. Axis Bluechip Fund

(Erstwhile Axis Equity Fund)

To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Axis Bluechip Fund is a Equity - Large Cap fund was launched on 5 Jan 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.8% since its launch.  Ranked 58 in Large Cap category.  Return for 2018 was 6.5% , 2017 was 38% and 2016 was -3.6% .

Below is the key information for Axis Bluechip Fund

Axis Bluechip Fund
Growth
Launch Date 5 Jan 10
NAV (22 Mar 19) ₹27.88 ↓ -0.08   (-0.29 %)
Net Assets (Cr) ₹4,221 on 28 Feb 19
Category Equity - Large Cap
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.11
Sharpe Ratio 0.31
Information Ratio -0.04
Alpha Ratio 2.9
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹14,881
29 Feb 16₹12,466
28 Feb 17₹14,925
28 Feb 18₹18,607
28 Feb 19₹19,955

Axis Bluechip Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for Axis Bluechip Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 4.1%
3 Month 3.9%
6 Month 2.7%
1 Year 14.1%
3 Year 15.3%
5 Year 14.9%
10 Year
15 Year
Since launch 11.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 6.5%
2017 38%
2016 -3.6%
2015 -1.2%
2014 40.8%
2013 13.5%
2012 31.7%
2011 -22.6%
2010
2009
Fund Manager information for Axis Bluechip Fund
NameSinceTenure
Shreyash Devalkar23 Nov 162.19 Yr.

Data below for Axis Bluechip Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services38.14%
Technology15.93%
Consumer Cyclical10.44%
Consumer Defensive6.41%
Basic Materials5.68%
Energy2.04%
Health Care1.8%
Industrials1.65%
Asset Allocation
Asset ClassValue
Cash17.91%
Equity82.09%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Clearing Corporation Of India Ltd
CBLO | -
11%₹469 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
10%₹403 Cr1,940,000
↑ 120,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jul 17 | 500034
8%₹355 Cr1,340,000
↑ 170,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Aug 11 | KOTAKBANK
8%₹323 Cr2,660,000
↑ 460,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 18 | TCS
8%₹321 Cr1,620,000
↑ 210,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 17 | INFY
7%₹297 Cr4,040,000
↑ 60,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
6%₹250 Cr5,000
↑ 5,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | ICICIBANK
4%₹188 Cr5,381,000
↓ -619,000
Avenue Supermarts Ltd (Consumer Cyclical)
Equity, Since 31 Mar 17 | 540376
4%₹172 Cr1,180,000
↑ 290,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Jul 17 | 500696
3%₹139 Cr805,000
↑ 130,000

7. SBI Nifty Index Fund

The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 Index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 Index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks.

SBI Nifty Index Fund is a Others - Index Fund fund was launched on 17 Jan 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.5% since its launch.  Ranked 75 in Index Fund category.  Return for 2018 was 3.8% , 2017 was 29.1% and 2016 was 3.4% .

Below is the key information for SBI Nifty Index Fund

SBI Nifty Index Fund
Growth
Launch Date 17 Jan 02
NAV (22 Mar 19) ₹98.178 ↓ -0.53   (-0.54 %)
Net Assets (Cr) ₹353 on 28 Feb 19
Category Others - Index Fund
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 0.69
Sharpe Ratio 0.07
Information Ratio -8.11
Alpha Ratio -0.8
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-15 Days (0.2%),15 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹13,961
29 Feb 16₹11,042
28 Feb 17₹14,096
28 Feb 18₹16,736
28 Feb 19₹17,320

SBI Nifty Index Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for SBI Nifty Index Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.2%
3 Month 6.6%
6 Month 2.9%
1 Year 13.8%
3 Year 14.6%
5 Year 12.2%
10 Year
15 Year
Since launch 14.5%
Historical performance (Yearly) on absolute basis
YearReturns
2018 3.8%
2017 29.1%
2016 3.4%
2015 -4.2%
2014 30.5%
2013 6.2%
2012 28.4%
2011 -24.6%
2010 18%
2009 74.7%
Fund Manager information for SBI Nifty Index Fund
NameSinceTenure
Raviprakash Sharma1 Feb 118 Yr.

Data below for SBI Nifty Index Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash1.3%
Equity98.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 03 | HDFCBANK
10%₹36 Cr173,386
↑ 4,288
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 03 | RELIANCE
10%₹34 Cr276,335
↑ 6,832
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 03 | HDFC
7%₹24 Cr133,036
↑ 3,288
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
6%₹23 Cr306,842
↑ 7,585
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
5%₹19 Cr692,004
↑ 17,107
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | ICICIBANK
5%₹18 Cr519,927
↑ 12,855
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS
5%₹17 Cr84,828
↑ 2,097
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | KOTAKBANK
4%₹13 Cr107,780
↑ 2,664
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 04 | LT
4%₹13 Cr99,621
↑ 2,461
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | 532215
3%₹10 Cr143,156
↑ 3,539

8. ICICI Prudential Nifty Index Fund

(Erstwhile ICICI Prudential Nifty Index Fund)

An open-ended index linked growth scheme seeking to track the returns of the S&P CNX Nifty index through investment in a basket of stocks drawn from the constituents of the Nifty.

ICICI Prudential Nifty Index Fund is a Others - Index Fund fund was launched on 26 Feb 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.1% since its launch.  Ranked 71 in Index Fund category.  Return for 2018 was 3.4% , 2017 was 28.7% and 2016 was 3.6% .

Below is the key information for ICICI Prudential Nifty Index Fund

ICICI Prudential Nifty Index Fund
Growth
Launch Date 26 Feb 02
NAV (22 Mar 19) ₹110.378 ↓ -0.60   (-0.54 %)
Net Assets (Cr) ₹379 on 28 Feb 19
Category Others - Index Fund
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1
Sharpe Ratio 0.05
Information Ratio -7.52
Alpha Ratio -1.1
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹14,190
29 Feb 16₹11,288
28 Feb 17₹14,411
28 Feb 18₹17,037
28 Feb 19₹17,580

ICICI Prudential Nifty Index Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for ICICI Prudential Nifty Index Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.2%
3 Month 6.6%
6 Month 2.8%
1 Year 13.5%
3 Year 14.4%
5 Year 12.5%
10 Year
15 Year
Since launch 15.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 3.4%
2017 28.7%
2016 3.6%
2015 -3.6%
2014 32.5%
2013 7.9%
2012 26.5%
2011 -23.6%
2010 18.7%
2009 75.6%
Fund Manager information for ICICI Prudential Nifty Index Fund
NameSinceTenure
Kayzad Eghlim1 Aug 099.51 Yr.

Data below for ICICI Prudential Nifty Index Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Equity100.15%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 05 | HDFCBANK
10%₹39 Cr187,708
↑ 4,886
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 05 | RELIANCE
10%₹37 Cr300,809
↑ 7,312
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFC
7%₹27 Cr144,490
↑ 3,750
Infosys Ltd (Technology)
Equity, Since 31 Mar 05 | INFY
7%₹25 Cr340,754
↑ 8,649
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
6%₹21 Cr759,037
↑ 19,505
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 05 | ICICIBANK
5%₹20 Cr565,597
↑ 14,657
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS
5%₹19 Cr93,446
↑ 2,392
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 12 | KOTAKBANK
4%₹14 Cr116,025
↑ 3,038
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
4%₹14 Cr107,598
↑ 2,808
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 532215
3%₹11 Cr154,990
↑ 4,033

9. Franklin India Technology Fund

To provide long-term capital appreciation by predominantly investing in equity and equity related securities of technology and technology related companies.

Franklin India Technology Fund is a Equity - Sectoral fund was launched on 22 Aug 98. It is a fund with High risk and has given a CAGR/Annualized return of 18.4% since its launch.  Ranked 41 in Sectoral category.  Return for 2018 was 11.9% , 2017 was 19.1% and 2016 was -2.6% .

Below is the key information for Franklin India Technology Fund

Franklin India Technology Fund
Growth
Launch Date 22 Aug 98
NAV (22 Mar 19) ₹162.292 ↓ -0.15   (-0.10 %)
Net Assets (Cr) ₹246 on 28 Feb 19
Category Equity - Sectoral
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk High
Expense Ratio 2.87
Sharpe Ratio 0.64
Information Ratio 0.33
Alpha Ratio -1.35
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.

DateValue
28 Feb 14₹10,000
28 Feb 15₹11,982
29 Feb 16₹10,507
28 Feb 17₹11,578
28 Feb 18₹14,371
28 Feb 19₹16,111

Franklin India Technology Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for Franklin India Technology Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 1.7%
3 Month 9.2%
6 Month -1%
1 Year 13.4%
3 Year 12.6%
5 Year 12.5%
10 Year
15 Year
Since launch 18.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 11.9%
2017 19.1%
2016 -2.6%
2015 3.8%
2014 16.8%
2013 53.3%
2012 0.3%
2011 -15.5%
2010 32.6%
2009 136.7%
Fund Manager information for Franklin India Technology Fund
NameSinceTenure
Anand Radhakrishnan3 Mar 0712 Yr.
Varun Sharma30 Nov 153.25 Yr.
Srikesh Nair1 Dec 153.25 Yr.

Data below for Franklin India Technology Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Technology80.42%
Communication Services6.59%
Industrials4.82%
Consumer Cyclical3.18%
Financial Services0.63%
Real Estate0.13%
Health Care0.04%
Asset Allocation
Asset ClassValue
Cash0.11%
Equity95.81%
Debt0%
Other4.09%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
23%₹55 Cr755,196
HCL Technologies Ltd (Technology)
Equity, Since 30 Jun 14 | HCLTECH
10%₹24 Cr225,361
↑ 18,566
Tech Mahindra Ltd (Technology)
Equity, Since 28 Feb 14 | 532755
9%₹22 Cr266,902
Franklin Technology I(acc)USD
Investment Fund | -
9%₹21 Cr102,868
Cognizant Technology Solutions Corp A (Technology)
Equity, Since 30 Apr 16 | CTSH
7%₹18 Cr35,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 04 | TCS
6%₹15 Cr73,819
↓ -24,123
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 18 | BHARTIARTL
4%₹10 Cr324,366
Info Edge (India) Ltd (Technology)
Equity, Since 31 Jan 17 | NAUKRI
4%₹10 Cr55,000
Call, Cash & Other Assets
Receivables | -
4%₹10 Cr
eClerx Services Ltd (Industrials)
Equity, Since 31 Dec 07 | 532927
4%₹9 Cr87,502

10. ICICI Prudential US Bluechip Equity Fund

The investment objective of ICICI Prudential US Bluechip Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities (including ADRs/GDRs issued by Indian and foreign companies) of companies listed on New York Stock Exchange and/or NASDAQ. However, there can be no assurance that the investment objective of the Scheme will be realized.

ICICI Prudential US Bluechip Equity Fund is a Equity - Global fund was launched on 6 Jul 12. It is a fund with High risk and has given a CAGR/Annualized return of 15.7% since its launch.  Ranked 7 in Global category.  Return for 2018 was 5.2% , 2017 was 14.1% and 2016 was 11.6% .

Below is the key information for ICICI Prudential US Bluechip Equity Fund

ICICI Prudential US Bluechip Equity Fund
Growth
Launch Date 6 Jul 12
NAV (20 Mar 19) ₹26.64 ↓ -0.07   (-0.26 %)
Net Assets (Cr) ₹268 on 28 Feb 19
Category Equity - Global
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.31
Sharpe Ratio 0.73
Information Ratio -0.43
Alpha Ratio 2.34
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-3 Months (3%),3-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹10,963
29 Feb 16₹11,492
28 Feb 17₹13,293
28 Feb 18₹14,861
28 Feb 19₹17,254

ICICI Prudential US Bluechip Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for ICICI Prudential US Bluechip Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month -3%
3 Month 11.9%
6 Month -3.6%
1 Year 13.4%
3 Year 12.9%
5 Year 11.2%
10 Year
15 Year
Since launch 15.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 5.2%
2017 14.1%
2016 11.6%
2015 0.7%
2014 12.7%
2013 45.7%
2012
2011
2010
2009
Fund Manager information for ICICI Prudential US Bluechip Equity Fund
NameSinceTenure
Rohan Maru19 Sep 135.37 Yr.
Priyanka Khandelwal30 Jun 171.59 Yr.

Data below for ICICI Prudential US Bluechip Equity Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Technology20.73%
Health Care17.42%
Consumer Defensive17.39%
Consumer Cyclical13.67%
Financial Services11.77%
Industrials10.94%
Communication Services2.39%
Real Estate2.03%
Utility1.97%
Asset Allocation
Asset ClassValue
Cash1.7%
Equity98.3%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Amazon.com Inc (Consumer Cyclical)
Equity, Since 30 Jun 16 | AMZN
4%₹11 Cr916
↑ 34
Treps
CBLO/Reverse Repo | -
3%₹9 Cr
Microchip Technology Inc (Technology)
Equity, Since 31 Dec 17 | MCHP
3%₹7 Cr10,887
Alphabet Inc Class C (Technology)
Equity, Since 31 Jan 18 | GOOG
3%₹7 Cr842
↑ 86
Mondelez International Inc Class A (Consumer Defensive)
Equity, Since 31 Mar 17 | MDLZ
2%₹7 Cr19,870
Comcast Corp Class A (Communication Services)
Equity, Since 31 Mar 18 | CMCSA
2%₹6 Cr23,217
Philip Morris International Inc (Consumer Defensive)
Equity, Since 30 Jun 18 | PM
2%₹6 Cr9,733
General Mills Inc (Consumer Defensive)
Equity, Since 31 Mar 18 | GIS
2%₹6 Cr17,650
PepsiCo Inc (Consumer Defensive)
Equity, Since 31 Mar 18 | PEP
2%₹6 Cr7,130
Biogen Inc (Healthcare)
Equity, Since 31 Dec 15 | BIIB
2%₹6 Cr2,483

Mutual Fund Companies

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:

1. SBI Mutual Fund

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.

2. HDFC Mutual Fund

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).

3. Reliance Mutual Fund

Setup in 1995, Reliance Mutual Fund is one of the oldest Mutual Fund companies 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 Reliance Vision Fund, Reliance Growth Fund, Reliance Banking Fund & Reliance Liquid Fund.

4. UTI Mutual Fund

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.

5. Franklin Templeton Mutual Fund

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

6. LIC Mutual Fund

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.

7. Blackrock Mutual Fund

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

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.

Mutual Fund Investment Plans

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.

Mutual Fund NAV

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.

Mutual Fund Calculator

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

   
My Goal Amount:
Goal Tenure:
Years
Expected Annual Returns:
%
Total investment required is ₹56/month for 5 Years
  or   ₹2,381 one time (Lumpsum)
to achieve ₹5,000
Invest Now

Mutual Funds: Index Funds

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 Fund Ratings

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.

Disclaimer:
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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Bholanath, posted on 30 Nov 18 4:21 PM

Great Read. Informative Page about all types of mutual funds.

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