Top Infra Funds vs Largecap Funds: 10 schemes where Rs 10 lakh investment has grown to Rs 22 lakh-43 lakh in 5 years; see list, compare SIP returns
Top Infra vs Top Largecap MFs: While infrastructure mutual funds are focused on the country’s infrastructure space, within the sectoral scheme category, largecap schemes invest in large businesses by market capitalisation. In this article, let’s compare the top-performing infra and largecap MF schemes in the past 5 years.
Top Largecap Mutual Funds vs Top Infra Mutual Funds: In the vast world of mutual funds, infrastructure funds and largecap funds have been among the popular categories of schemes over the past few years. But what are these funds? While both are equity-based funds, there’s a stark difference between the two categories. Largecap funds pick stocks from the top 100 companies by market value, infrastructure funds invest on businesses focused on infrastructure such as roads, airports and utilities.
In this article, let’s study the top 5 schemes by returns (direct mode) in each category over the past 5 years, as of January 13, according to AMFI data.
All images are representational. Image credit: PTI, Pexels
Top 5 Infrastructure Funds
Quant Infrastructure Fund (33.78 per cent)
Invesco India Infrastructure Fund (28.92 per cent)
Bank of India Manufacturing & Infrastructure Fund (28.71 per cent)
ICICI Prudential Infrastructure Fund (28.13 per cent)
Bandhan Infrastructure Fund (27.92 per cent)
Top 5 Largecap Funds
Nippon India Large Cap Fund (19.03 per cent)
ICICI Prudential Bluechip Fund (18.08 per cent)
Invesco India Largecap Fund (17.78 per cent)
Canara Robeco Bluechip Equity Fund (17.64 per cent)
JM Large Cap Fund (17.20 per cent)
Now, let’s look at lump sum and SIP returns
Let’s take a closer look at the 10 mutual fund themes in detail. First, let’s see how the top 5 infra funds have fared.
Quant Infrastructure Fund | Lump sum investment return
This fund has delivered an annualised return of 33.78 per cent over the 5-year period. To put things into perspective, a one-time investment of Rs 10 lakh in this fund has grown to Rs 42.85 lakh during this period, calculations show.
SIP Return
A monthly SIP of Rs 10,000 in the same fund has helped investors build a corpus of Rs 13.40 lakh in the 5-year period.
Invesco India Infrastructure Fund
This fund has delivered an annualised return of 28.92 per cent over the 5-year period.
What that essentially means is that a lump sum investment of Rs 10 lakh in this scheme has grown to Rs 35.61 lakh during this period, calculations show.
SIP Return
A monthly SIP of Rs 10,000 in the fund has built a corpus of Rs 12.96 lakh in the 5-year period.
Bank of India Manufacturing & Infrastructure Fund
This scheme has given an annualised return of 28.71 per cent over the 5-year period. This means that a lump sum investment of Rs 10 lakh in this scheme has grown to Rs 35.32 lakh during this period, calculations show.
SIP Return
A Rs 10,000 monthly SIP in this fund has built a Rs 12.13 lakh corpus in 5 years.
ICICI Prudential Infrastructure Fund
This scheme has given an annualised return of 28.13 per cent over the 5-year period. This means that a lump sum investment of Rs 10 lakh in this scheme has grown to Rs 34.53 lakh during this period, calculations show.
SIP Return
A Rs 10,000 monthly SIP in this fund has built a Rs 13.72 lakh corpus in 5 years.
Bandhan Infrastructure Fund (27.92 per cent)
This scheme has given an annualised return of 27.92 per cent over the 5-year period. This means that a lump sum investment of Rs 10 lakh in this scheme has grown to Rs 34.25 lakh during this period, calculations show.
SIP Return
A Rs 10,000 monthly SIP in this fund has built a Rs 13.51 lakh corpus in 5 years.
Largecap Funds
Now, let’s see how the top 5 largecap funds have performed in 5 years.
Nippon India Large Cap Fund
In 5 years, this MF scheme has delivered an annualised return of 19.03 per cent. A one-time investment of Rs 10 lakh has grown to Rs 23.89 lakh during this period.
SIP Return
A Rs 10,000 monthly SIP in the same fund has helped investors build a corpus of Rs 10.54 lakh in 5 years.
ICICI Prudential Bluechip Fund
In 5 years, this MF scheme has delivered an annualiosed return of 18.08 per cent. A lump sum investment of Rs 10 lakh has grown to Rs 22.96 lakh during this period.
SIP Return
A Rs 10,000 monthly SIP in the same fund has helped investors build a corpus of Rs 9.86 lakh in 5 years.
Invesco India Largecap Fund
In 5 years, this MF scheme has delivered an annualiosed return of 17.78 per cent. A lump sum investment of Rs 10 lakh has grown to Rs 22.67 lakh during this period.
SIP Return
A Rs 10,000 monthly SIP in the fund has led to a corpus of Rs 9.74 lakh in 5 years.
Canara Robeco Bluechip Equity Fund
This mutual fund scheme has given an annualised 17.64 per cent return over 5 years, turning a Rs 10 lakh one-time investment into Rs 22.53 lakh.
SIP Return
A Rs 10,000 monthly SIP has helped investors built a Rs 9.33 lakh corpus during this period.
JM Large Cap Fund
The scheme has given an annualised return of 17.20 per cent return in 5 years, turning a Rs 10 lakh one-time investment into Rs 22.11 lakh.
SIP Return
A Rs 10,000 monthly SIP in the scheme has reached Rs 9.26 lakh in 5 years.
Conclusion
While the top 5 infrastructure funds have rewarded investors with annualised returns of 27.9-33.8 per cent in 5 years, the top 5 largecap funds have delivered 17.2-19 per cent returns.