Top 7 Thematic Mutual Funds With Best SIP Returns in 3 Years: Rs 23,456 monthly SIP investment in No. 1 scheme has jumped to Rs 14,06,445
Top 7 Thematic Mutual Funds With Best SIP Returns in 3 Years: Thematic mutual funds need to have at least 80 per cent of their investments in the stocks of a particular theme. It provides opportunity to investors who want to cash in on a rising theme such as consumption, dividend yield, energy, ESG, MNC, and PSU.
Top 7 Thematic Mutual Funds With Highest SIP Returns in 3 Years: Mutual fund investors sometimes want to make the most of a rising theme such as consumption, dividend yield, energy, ESG, MNC, and PSU. They want to take advantage of the fast-rising stocks of a theme that is shining because of governance, a surge in demand, or internal or global geopolitical factors. The mutual fund category that focuses on a single theme is known as thematic. As per Securities Exchange Board of India's (Sebi) categorisation of mutual funds, thematic mutual funds need to have at least 80 per cent of their investments in a particular theme. Such a high percentage helps investors get high returns when the stocks of the theme are gaining. But the category is risky if stocks of a particular theme perform poorly for a long run. So, the category is suitable for investors with a long-term investment horizon. Here, we take you through the top 7 thematic mutual funds with highest annualised SIP returns (XIRR) in 3 years. Also know what a Rs 23,456 monthly SIP investment in each fund has given in 3 years.
Photos: Unsplash/Pixabay
SBI PSU Fund - Direct Plan
The fund has given 36.06 per cent annualised SIP return in the 3-year period.
It has assets under management (AUM) of Rs 4,686 crore, while its net asset value (NAV) is Rs 33.1472.
Benchmarked against BSE PSU TRI, the fund has given 12.04 per cent annualised return since its inception in January 2013.
SBI PSU Fund - Direct Plan
At an expense ratio of 0.74 per cent, the fund has Rs 500 as the minimum SIP and Rs 5,000 as the minimum lump sum investment.
A Rs 23,456 monthly SIP investment in 3 years, or a total investment of Rs 8,44,416, has jumped to Rs 14,06,445.
Invesco India PSU Equity Fund - Direct Plan
The fund has given 35.18 per cent annualised SIP return the 3-year time frame.
It has assets under management (AUM) of Rs 1,284 crore, while its net asset value (NAV) is Rs 69.5400.
Benchmarked against BSE PSU TRI, the fund has given 17.12 per cent annualised return since its launch in January 2013.
Invesco India PSU Equity Fund - Direct Plan
With an expense ratio of 0.85 per cent, the fund has Rs 500 as the minimum SIP and Rs 1,000 as the minimum lump sum investment.
A Rs 23,456 monthly SIP investment in the 3-year period has converted into Rs 13,90,390.
Aditya Birla Sun Life PSU Equity Fund - Direct Plan
The fund has given 32.36 per cent annualised SIP return in the 3-year period.
It has a fund size of Rs 5,532 crore, while its unit price is Rs 33.8900.
Benchmarked against BSE PSU TRI, the fund has given 27.48 per cent annualised return since its debut in December 2019.
Aditya Birla Sun Life PSU Equity Fund - Direct Plan
At an expense ratio of 0.53 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 500 as the minimum lump sum investment.
A Rs 23,456 monthly SIP investment in the fund has jumped to Rs 13,39,818 the 3-year time frame.
LIC MF Dividend Yield Fund - Direct Plan
The fund has given 29.73 per cent annualised SIP return in 3 years.
Its AUM is Rs 464 crore, while its NAV is Rs 32.6689.
Benchmarked against NIFTY 500 TRI, the fund has given 22.38 per cent annualised return since its starting in December 2018.
LIC MF Dividend Yield Fund - Direct Plan
With an expense ratio of 1.22 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 23,456 monthly SIP investment in the fund has grown to Rs 12,93,739 in 3 years.
Tata India Consumer Fund - Direct Plan
The fund has given 28.58 per cent annualised SIP return in 3 years.
It has AUM of Rs 2,414 crore, while its NAV is Rs 52.5413.
Benchmarked against NIFTY India Consumption TRI, the fund has given 20.15 per cent annualised return since its debut in December 2015.
Tata India Consumer Fund - Direct Plan
At an expense ratio of 0.73 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 23,456 monthly SIP investment in the fund has jumped to Rs 12,73,869 the 3-year period.
ICICI Prudential Dividend Yield Equity Fund - Direct Plan
The fund has given 27.8 per cent annualised SIP return in the 3-year period.
It has an asset base of Rs 4,783 crore, while its NAV is Rs 54.7900.
Benchmarked against NIFTY Infrastructure TRI, the fund has given 17.31 per cent annualised return since its inception in May 2014.
ICICI Prudential Dividend Yield Equity Fund - Direct Plan
With an expense ratio of 0.57 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 23,456 monthly SIP investment in the fund has jumped to Rs 12,60,630 the 3-year time frame.
Aditya Birla Sun Life Dividend Yield Fund - Direct Plan
The fund has given 25.95 per cent annualised SIP return in the 3-year time frame.
It has an asset base of Rs 1,537 crore, while its unit price is Rs 489.9900.
Benchmarked against NIFTY 500 TRI, the fund has given 14.48 per cent annualised return since its beginning in January 2013.
Aditya Birla Sun Life Dividend Yield Fund - Direct Plan
At an expense ratio of 1.42 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 23,456 monthly SIP investment in the fund has jumped to Rs 12,29,403 the 3-year period.