Top 7 Sectoral Mutual Funds With Best SIP Returns in 1 Year: No. 1 scheme has converted Rs 34,567 monthly SIP investment into Rs 5,40,565; know about others
Top 7 Sectoral Mutual Funds With Best SIP Returns in 1 Year: Sectoral funds need to have at least 80 per cent of their investments in the stocks of a particular sector, such as banking, infrastructure, pharma, and technology. Investors who want to take the benefit of the high performance of a particular sector in the share market can invest in sectoral funds.
Top 7 Sectoral Mutual Funds With Best SIP Returns in 1 Year: When mutual fund investors invest their money in mutual funds, they most likely look for large, mid, or small cap mutual funds. These funds invest in the companies that belong to some sector. Some funds can be tech stock-heavy; others can be FMCG stock-heavy. But what if investors want to invest in funds where the majority of the stocks are from a particular sector? What if a sector is on the rise in the share market and mutual fund investors think that investment in funds investing mostly in these sectors can help them get good returns? For such investors, the sectoral fund can be the mutual fund category. As per Securities Exchange Board of India's (Sebi) categorisation of mutual funds, sectoral funds need to have at least 80 per cent of their investments in the stocks of a particular sector such as banking, infrastructure, pharma, and technology. Investments in such funds can help investors take the benefit of the sector's high performance. But the category is risky if the sector suddenly starts performing poorly. Investors may need to revise their strategy in such a case. Know the top 7 sectoral mutual funds (across sectors) with the highest annualised SIP returns (XIRR) in 1 year and how a Rs 34,567 monthly SIP investment in each fund has performed in that period.
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HDFC Pharma And Healthcare Fund Direct - Growth
The pharma fund has given 48.13 per cent annualised SIP return in the 1-year time frame.
It has assets under management (AUM) of Rs 1,460 crore, while its net asset value (NAV) is Rs 16.79.
Benchmarked against BSE Healthcare, the fund has given 53.23 per cent annualised return since its debut in September 2023.
HDFC Pharma And Healthcare Fund Direct - Growth
With an expense ratio of 0.92 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 34,567 monthly SIP investment in 1 year, or a total investment of Rs 4,14,804, has sprung to Rs 5,40,565.
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct - Growth
The pharma fund has given 39.19 per cent annualised SIP return in the 1-year period.
It has AUM of Rs 5,045 crore, while its NAV is Rs 41.64.
Benchmarked against BSE Healthcare TRI, the fund has given 24.95 per cent annualised return since its launch in June 2018.
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct - Growth
At an expense ratio of 1.09 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 34,567 monthly SIP investment in the 1-year time frame has grown to Rs 5,14,316.28.
UTI Healthcare Fund Direct-Growth
The pharma fund has given 39.01 per cent annualised SIP return in 1 year.
It has an asset base of Rs 1,203 crore, while its unit price is Rs 321.33.
Benchmarked against BSE Healthcare TRI, the fund has given 17.25 per cent annualised return since its inception in January 2013.
UTI Healthcare Fund Direct-Growth
With an expense ratio of 1.25 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 34,567 monthly SIP investment in the 1-year period has zoomed to Rs 5,13,802.42.
HDFC Technology Fund Direct - Growth
The tech fund has given 38.83 per cent annualised SIP return in the 1-year time frame.
It has a fund size of Rs 1,427 crore, while its NAV is Rs 14.91.
Benchmarked against BSE Teck TRI, the fund has given 35.94 per cent annualised return since its beginning in August 2023.
HDFC Technology Fund Direct - Growth
At an expense ratio of 0.95 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 34,567 monthly SIP investment in 1 year has swelled to Rs 5,13,289.14.
SBI Technology Opportunities Fund Direct-Growth
The tech fund has given 37.61 per cent annualised SIP return in the 1-year period.
It has AUM of Rs 4,586 crore, while its unit price is Rs 256.56.
Benchmarked against BSE Teck TRI, the fund has given 22.32 per cent annualised return since its starting in January 2013.
SBI Technology Opportunities Fund Direct-Growth
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 34,567 monthly SIP investment in the 1-year time frame has turned into Rs 5,09,825.08.
SBI Healthcare Opportunities Fund Direct Plan-Growth
The pharma fund has given 37.46 per cent annualised SIP return in 1 year.
Its AUM is Rs 3,460 crore, while its unit price is Rs 485.37.
Benchmarked against BSE Healthcare TRI, the fund has given 19.02 per cent annualised return since its debut in January 2013.
SBI Healthcare Opportunities Fund Direct Plan-Growth
At an expense ratio of 0.89 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 34,567 monthly SIP investment in the 1-year period has jumped to Rs 5,09,400.96.
Tata Digital India Fund Direct-Growth
The fund has given 37.05 per cent annualised SIP return in the 1-year time frame.
It has a fund size of Rs 12,659 crore, while its NAV is Rs 62.68.
Benchmarked against NIFTY IT TRI, the fund has given 22.62 per cent annualised return since its inception in December 2015.
Tata Digital India Fund Direct-Growth
With an expense ratio of 0.40 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 34,567 monthly SIP investment in 1 year frame has converted into Rs 5,08,243.69.