Top 7 Sectoral Mutual Funds With Highest SIP Returns in 10 Years: Rs 10,000 monthly SIP investment in No. 1 fund has sprung to Rs 47,35,729
Top 7 Sectoral Mutual Funds With Best SIP Returns in 10 Years: Sectoral mutual funds have at least 80 per cent of their investments in a particular sector. Mutual fund investors who want to capitalise on the rise of a sector such as banking, infrastructure, pharma, and technology can invest in sectoral funds.
Top 7 Sectoral Mutual Funds With Highest SIP Returns in 10 Years: Like stock investors, mutual fund investors may also want to have their investments in a fund focused on a particular sector. They may want to cash in on the surge of a sector, which is giving above-average returns compared to many of its peers. The sectoral mutual fund category is for such investors. Sectoral funds need to have at least 80 per cent of their investments in a sector such as banking, infrastructure, pharma, and technology, as per Security Exchange Board of India's categorisation of mutual funds. But the surge can also be temporary. So, the category is suitable for long-term investors. In this write-up, know about the top 7 sectoral mutual funds with highest annualised SIP returns (XIRR) in 10 years. Also know how a Rs 10,000 monthly SIP investment in each fund has performed in that time frame.
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Quant Infrastructure Fund - Direct Plan
The fund has given 25.89 per cent annualised SIP return in the 10-year period.
It has assets under management (AUM) of Rs 3,585 crore, while its net asset value (NAV) is Rs 42.2067.
Benchmarked against NIFTY Infrastructure TRI, the fund has given 18.91 per cent annualised return since its beginning in January 2013.
Quant Infrastructure Fund - Direct Plan
With an expense ratio of 0.66 per cent, the fund has Rs 1,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 10,000 monthly SIP investment in 10 years, or a total investment of Rs 12,00,000, has grown to Rs 47,35,729.
Invesco India Infrastructure Fund - Direct Plan
The fund has given 24.14 per cent annualised SIP return in 10 year.
It has AUM of Rs 1,606 crore, while its NAV is Rs 77.4000.
Benchmarked against BSE India Infrastructure TRI, the fund has given 21.11 per cent annualised return since its starting in January 2013.
Invesco India Infrastructure Fund - Direct Plan
At an expense ratio of 0.74 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 10,000 monthly SIP investment in the 10-year period has jumped to Rs 43,06,989.
ICICI Prudential Technology Fund - Direct Plan
The fund has given 23.48 per cent annualised SIP return in the 10-year time frame.
It has AUM of Rs 13,990 crore, while its NAV is Rs 236.9400.
Benchmarked against BSE Teck TRI, the fund has given 23.13 per cent annualised return since its inception in January 2013.
ICICI Prudential Technology Fund - Direct Plan
With an expense ratio of 0.98 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 10,000 monthly SIP investment in 10 years has sprung to Rs 41,55,184.
LIC MF Infrastructure Fund - Direct Plan
The fund has given 23.36 per cent annualised SIP return in the 10-year period.
It has AUM of Rs 852 crore, while its unit price is Rs 58.1632.
Benchmarked against NIFTY Infrastructure TRI, the fund has given 17.34 per cent annualised return since its launch in January 2013.
LIC MF Infrastructure Fund - Direct Plan
At an expense ratio of 1.06 per cent, the fund has Rs 200 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 10,000 monthly SIP investment in the 10-year time frame has converted into Rs 41,29,326.
ICICI Prudential Infrastructure Fund - Direct Plan
The fund has given 22.94 per cent annualised SIP return in 10 years.
It has a fund size of Rs 6,990 crore, while its unit price is Rs 199.4700.
Benchmarked against BSE India Infrastructure TRI, the fund has given 17.67 per cent annualised return since its debut in January 2013.
ICICI Prudential Infrastructure Fund - Direct Plan
With an expense ratio of 1.21 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 10,000 monthly SIP investment in the 10-year period has swelled to Rs 40,36,614.
Aditya Birla Sun Life Digital India Fund - Direct Plan
The fund has given 23.31 per cent annualised SIP return in the 10-year time frame.
It has an asset base of Rs 5,333 crore, while its NAV is Rs 208.7000.
Benchmarked against BSE Teck TRI, the fund has given 22.55 per cent annualised return since its starting in January 2013.
Aditya Birla Sun Life Digital India Fund - Direct Plan
At an expense ratio of 0.82 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 10,000 monthly SIP investment in 10 years has grown to Rs 41,18,202.
SBI Technology Opportunities Fund - Direct Plan
The fund has given 22.95 per cent annualised SIP return in the 10-year period.
It has a fund size of Rs 4,586 crore, while its unit price is Rs 255.4877.
Benchmarked against BSE Teck TRI, the fund has given 22.21 per cent annualised return since its beginning in January 2013.
SBI Technology Opportunities Fund - Direct Plan
With an expense ratio of 0.83 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 10,000 monthly SIP investment in the 10-year time frame has converted into Rs 40,38,762.