Infra-Sectoral Mutual Fund Outperformed Benchmark, Gave 35.26% Annualised Return In 3 Yrs SIP

In the financial sector, Mutual Funds are one of the well-known investment instruments. Among these mutual funds, sectoral funds are among the investment instruments for investors who want to invest in a particular sector for better returns. These investments are designed to outperform other funds in the same sector and are centred around that area.

Here we have given a quick insight into a sectoral fund- Infrastructure from a leading Mutual Fund house, ICICI Prudential Mutual Fund. The name of the Mutual is ICICI Prudential Infrastructure Fund.

ICICI Prudential Infrastructure Fund

This is 17 years 8 months old Infra-Sectoral Fund launched on August 31, 2005. It has Rs. 2,361 crore Asset Under Management (AUM) as on March 31, 2023, while the expense ratio is 1.63%. Its benchmark is S&P BSE India Infrastructure TRI. It is rated 5-star by Value Research and 2-star by CRISIL. However, it is a highly risky equity fund.

Returns

The fund has delivered good annualised returns over the years and outperformed the benchmark. The returns are under the Direct-Growth option.

Under the lumpsum investment, it has given a 26.55% absolute/annualised return in 1 year. In 2 years it gave 73.23% absolute and 31.62% annualised returns. In 3 years, it has given 208.15% absolute and 45.52% annualised return. In 5 years, it has given 108.25% absolute and annualised returns. In 10 years it has given 340.18% absolute and 15.96% annualised returns. Since its inception, the fund has given 306.97% absolute and 14.53% annualised returns.

On SIP investment, it has performed well and given good returns. It has given 15.17% absolute return and 29.41% annualised returns in 1 year. In 2 years, it has given 28.09% absolute return and 25.88% annualised returns. In 3 years it has given 64.62% absolute return and 35.26% annualised returns. In 5 years it has given 89.21% absolute and 25.82% annualised returns.

Holdings & Portfolio

It is an equity fund having 94.3% assets allocated in equities, 2.1% in debt, 2.84% in cash & cash equivalent and 0.77% in Real Estate.

The fund has holdings in 55 stocks, among which the top 5 stocks hold 32.98%. These top 5 stock holdings include NTPC (9.38%), Larsen & Toubro (8.02%), Bharti Airtel (5.71%), Oil & Natural Gas (5.57%), and Kalpataru Power Transmission (4.30%).

It has maximum exposure in Energy (23.02%), Financial (19.3%), Construction (13.62%), Capital Goods (11.57%), and Services (6.23%) sectors.

Disclaimer - Mutual fund investments are subject to market risk. Read all scheme-related Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.