3 Best Sectoral Equity Funds For SIP In 2021 With 1 Year Returns Over 100%
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Quant Infrastructure Fund Direct Growth
This is an open-ended equity plan with a 5-star rating from Value Research and was established in September 2007 as a thematic fund. The minimum and maximum asset allocation to equity and equity-linked instruments associated with the infrastructure sector are 80 percent and 100 percent, respectively. The fund’s maximum asset allocation is 20% for other equity and equity-related securities, 20% for debt and money market instruments, and 10% for REIT and InvIT units.
Quant Infrastructure Fund Direct-Growth returns in the previous year were 119.08 percent, according to the data of Groww, and it has provided 17.16 percent average annual returns since its inception. The fund has a 2.15 percent expense ratio, which is higher than most other funds in the Sectoral-Infrastructure category. The construction, services, financial, automobile, and energy sectors account for the fund’s top equity sector allocation. Larsen & Toubro Ltd., Man Infraconstruction Ltd., Adani Ports and Special Economic Zone Ltd., Ashok Leyland Ltd., and Sunteck Realty Ltd. are the fund’s top five holdings.
This fund has a Net Asset Value (NAV) of Rs 20.44 and an Asset Under Management (AUM) of Rs 85.06 Cr as of October 22, 2021. A minimum Systematic Investment Plan (SIP) in this fund can be initiated with Rs 1000 and the fund imposes an exit load of 0.50 percent if purchased units are redeemed within 3 months of the investment date.
ICICI Prudential Infrastructure Fund Direct-Growth
This fund is an open-ended equity scheme having an infrastructure theme and was launched in the year 2003 by the fund house ICICI Prudential Mutual Fund. This fund has a 3-star rating from Value Research and Morningstar, and its 1-year returns are 101.89 percent, with an average yearly return of 13.75 percent since its debut.
The fund has the major equity allocation across Energy, Construction, Financial, Metals, Communication sectors. National Thermal Power Corp. Ltd., Oil & Natural Gas Corpn. Ltd., Bharti Airtel Ltd., Larsen & Toubro Ltd., and Axis Bank Ltd. are the fund’s top five holdings. The fund’s expense ratio is 1.74 percent, which is higher than most other funds in the infrastructure category.
As of October 22, 2021, the ICICI Prudential Infrastructure Fund has a Net Asset Value (NAV) of Rs 82.91 and an Asset Under Management (AUM) of Rs 1679.93 Cr as of 30th September 2021. This product requires a minimum purchase amount of Rs 1000, and the fund charges an exit penalty of 1 percent if acquired units are redeemed within 15 days of the investment date.
| Particulars | 1 Yr CAGR In % | 3 Yr CAGR In % | 5 Yr CAGR In % | CAGR In % Since Inception |
|---|---|---|---|---|
| Scheme | 100.62 | 19.41 | 14.33 | 13.86 |
| S&P BSE India Infrastructure TRI (Benchmark) | 101.43 | 15.92 | 11.13 | 0 |
| Nifty 50 TRI 2 (Additional Benchmark) | 58.54 | 18.58 | 16.81 | 14.63 |
| NAV per unit in Rs | 40.25 | 47.36 | 41.33 | 10 |
| Data as of 30th September 2021. Source: Official website of the fund house |
IDFC Infrastructure Fund Direct Plan Growth
It is an open-ended equity scheme investing in the Infrastructure sector since March 2011. Value Research and Morningstar have given IDFC Infrastructure Fund Direct Plan-Growth a 3-star rating. IDFC Infrastructure Direct Plan-Growth returns over the last year have been 103.17 percent, with an average annual return of 13.17 percent since its debut.
The fund’s top five holdings are Larsen & Toubro Ltd., Ultratech Cement Ltd., JK Cement Ltd., PNC Infratech Ltd., and Transport Corporation Of India Ltd. The fund’s major equity allocation spans the Construction, Services, Energy, Engineering, and Metals sectors. The fund has a 1.25 percent expense ratio, which is lower than most other funds in the same category.
The ICICI Prudential Infrastructure Fund has a Net Asset Value (NAV) of Rs 27.08 as of October 21, 2021, and an Asset Under Management (AUM) of Rs 649.60 Cr as of September 30, 2021. If purchased units of more than 10% are redeemed within 1 year of the investment date, an exit load of 1% applies, and SIP in this fund can be started with a minimum amount of Rs 100.
| Scheme Names | 1-year CAGR Returns (%) | 3-year CAGR Returns (%) | 5-year CAGR Returns (%) | CAGR Returns (%) Since Inception |
|---|---|---|---|---|
| IDFC Infrastructure Fund-Direct Plan-Growth | 103.17 | 18.87 | 15.97 | 13.17 |
| S&P BSE India Infrastructure Index TRI | 101.43 | 15.92 | 11.13 | 11.55 |
| Nifty 50 TRI | 58.54 | 18.58 | 16.81 | 14.52 |
| Source: idfcmf.com, data as of 30/09/2021 |
3 Best Infrastructure Equity Funds In 2021 Based On 1 Year Returns
| Funds | 1 mth returns | 6 mth returns | 1 Yr returns | 3 Yr returns | 5 Yr returns | Since inception |
|---|---|---|---|---|---|---|
| Quant Infrastructure Fund | 8.07% | 42.22% | 119.08% | 40.22% | 23.44% | 17.16% |
| ICICI Prudential Infrastructure Fund | 6.02% | 40.15% | 100.90% | 22.34% | 14.58% | 13.99% |
| IDFC Infrastructure Fund | 2.83% | 34.68% | 98.16% | 22.20% | 15.16% | 13.36% |
| Source: Groww |
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