ICICI Prudential, Kotak Mahindra Mutual Funds clocked over 100% return in 1 year - Check top shares where these MFs have parked money

Mutual funds have yielded unparalleled returns in the last one year. The attractive return was aided by the bull rally in the Indian markets as equity-driven funds rewarded investors with huge profit. Many of these funds have doubled or have even offered better returns in the span of just 12 months. Some of these funds belong to ICICI Prudential Mutual fund and Kotak Mahindra Mutual Fund. From ICICI Pru Commodities Fund (G), ICICI Pru India Opp Fund (G) to Kotak PSU Bank ETF, all have given over 100 pr cent returns in the past one year. Here, we will look into top 5 mutual funds from these two AMCs and compare the returns offered by them as on October 22, 2021.  

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1. ICICI Pru Commodities Fund (G): This thematic fund is the leader in its class. With a total Asset under Management of RS 685.95 crore, this one has offered 124.7% return till October 22. The fund has invested 84.7% of fund in domestic equities, 8.8% in cash and cash equivalents and net assets, 6.4% in overseas equities and 0.1% in rights, as per Stock Edge data. Infosys, HCL Technologies Ltd, Tech Mahindra Ltd, tata Consultancy Services Ltd and Persistent Systems Ltd are top shares where the fund has allocated major portion of its capital.

Source: Stock Edge

2 ICICI Pru Infrastructure Fund (G): At NAV of Rs 82.15 as on October 22, this infra theme equity-linked fund has generated over whooping 104 per cent return in the last one year. This fund has invested 94.8% of its capital, as per September quarter data, in domestic equities. As much as 5.1% in cash and cash equivalents and net assets and 0.1% in rights. The Asset under Management in the fund is Rs 1680 crore.  NTPC Ltd, ONGC, Bharti Airtel, Larsen & Toubro and Axis Bank shares take the major chunk of this infra-linked fund.  ​

Source: Stock Edge

3. ICICI Pru India Opp Fund (G): This fund, which has massive Asset under Management of Rs 4298.69 crore and sits on comparatively cheaper NAV of Rs 18.06, has given 100.9% return YTD as per Stock Edge. This fund has trusted shares such as NTPC Ltd, Sun Pharma, Bharti Airel, Axis Bank and Gail India, etc. with its money. It has invested 88.1 of its capital in stocks, 8.2% in cash and cash equivalents and net assets, 3.3% in rights and 0.5% in treasury Bills, showed the data.  

Source: Stock Edge

4. Kotak PSU Bank ETF: Given massive return generated by PSU Banks in the past one year, it has emerged as the top equity fund of Kotak Mahindra MF. This fund which has 136.64 crore AUM and NAV of RS 277.31 as on October 22 has clocked 114.4 per cent so far in one year. This fund is completely invested in shares as its capital allocation shows 99.9% exposure in domestic equities. Cash and cash equivalents and net assets have only 0.1% stake.  State Bank of India, Bank of Baroda, Canara Bank, Punjab National Bank and Bank of India are top 5 shares, where Kotak PSU Bank ETF have parked maximum money.  

Source: Stock Edge

5 Kotak Small Cap Fund (G): Beside PSU Banks, small cap and mid cap stocks have also risen to unprecedented levels in the past 6 months. Kotak Small Cap Fund (G) is a fund which is mostly invested in small cap shares. With 5969.44 crore AUM size and NAV of 164.27 as on October 12, this mutual fund has also doubled money of the investors in one year. This fund has allocated 95.2% capital of its total assets in shares. Remining 4.8% is with cash and cash equivalents and net assets.

Source: Stock Edge

Top stocks of this fund are Century Plyboards (India) Ltd. Carborundum Universal Ltd, Sheela Foam Ltd, Galaxy Surfactants and Persistent Systems Ltd.