Top 7 Infra Mutual Funds With Highest SIP Returns in 10 Years: No. 1 fund has converted Rs 20,000 monthly investment into Rs 29,64,234
Infra funds are set to make sharp gains with the government's aggreesive capex push going forward.
As thematic funds continue to be the top contributor to inflows month-on-month, despite the decline in the previous October month. There is a view that the recent traction into thematic funds was primarily into the existing funds and higher return led into the inflows into the category.
Himanshu Srivastava – Associate Director- Manager Research, Morningstar Investment Research India said, "Investors should be prudent while short listing and investing in them as they tend to be high risk high return investment proposition and is largely for investors who have the skills to guidance to track underlying sector or theme to make informed investment decisions. Moreover, every sector and its dynamic is different and so would be their outcome, hence investors should not consider all sector funds as one."
Quant Infra Fund- Direct Plan
This fund in the last 5 years has reaped an annualised return of 34.75 per cent Further a Rs 20,000 SIP in the fund started 5 years hence with an investment of Rs 12 lakh is now worth Rs 29,64,234.
Bank of India Manufacturing and /infra Fund- Direct Plan
In the last 5 years, the fund's annualised return is 29.22 per cent. A SIP of Rs 20,000 per month deployed into the scheme for the last 5 years is now worth Rs 25,72,505.
Bandhan Infra Fund
The fund's annualised return for the past 5 years is 30.67 per cent and the SIP of Rs 20,000 per month during the same time will grow to Rs 29,79,721.
ICICI Prudential Infra Fund
This infra fund from the house of ICICI Prudential has delivered an annualised return of 29.74 per cent. In the last 5 years, the SIP of Rs 20,000 has grown to Rs 29,38,065.
Nippon India Power and Infra Fund
The fund's annualised over the past 5 years has been 29.77 per cent, while a Rs 20,000 per month SIP is now worth Rs 28,70,148.
Canara Robecco Infra Fund
Over a 5-year period, the annualised return of the fund is to the tune of 29.61 per cent, while a Rs 20,000 SIP is now worth Rs 28,21.252.
Invesco India Infra Fund
The fund in the last 5 years has offered an annualised return of 30.47 per cent, while the SIP investment of Rs 12,00,000 will be worth now Rs 28,15,238.