Top SIP mutual funds of best MF categories in 3 years: Rs 20,000 monthly SIP in PSU fund has turned into Rs 16 lakh; know its value in other funds
As per Value Research data, as many as five categories have grown by over 50 per cent in just 1 year, while a total of 13 categories have given at least 40 per cent annualised returns. If we broaden our horizon to 3 years, as many eight mutual fund categories have risen by 20 per cent annually. In 3 years, the thematic-PSU category tops the table with 45.89 per cent annualised returns; the sectoral infrastructure is second at 33.61 per cent; the mid-cap category has delivered 25.52 per cent annualised returns, while small-cap is slightly behind at 25.05 per cent. At no.
Top SIP mutual funds of best MF categories in 3 years: With the BSE Sensex and Nifty 50 scaling new heights every other day, equity mutual funds have also been delivering outstanding returns over the last couple of years. As per Value Research data, as many as five categories have grown by over 50 per cent in just 1 year, while a total of 13 categories have given at least 40 per cent annualised returns. If we broaden our horizon to 3 years, as many eight mutual fund categories have risen by 20 per cent annually. In 3 years, the thematic-PSU category tops the table with 45.89 per cent annualised returns; the sectoral infrastructure is second at 33.61 per cent; the mid-cap category has delivered 25.52 per cent annualised returns, while small-cap is slightly behind at 25.05 per cent. At no. 5, the thematic-dividend yield category has given a 24.78 per cent return. In this write-up, we will pick the top fund in terms of annualised SIP returns (XIRR) from each category and what Rs 20,000 monthly SIP in each fund has given in 3 years.
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Thematic- PSU mutual fund: Invesco India PSU Equity Fund - Direct Plan
The top PSU mutual fund has given 59.4 per cent annualised SIP returns in three years. The fund has assets under management (AUM) of Rs 1,363 crore, while its net asset value (NAV) is Rs 82.5400. Benchmarked against BSE PSU TRI, the fund has given 19.58 per cent annualised lump sum return (CAGR) since its launch in January 2013. At an expense ratio of 0.94 per cent, the fund has Rs 1,000 as the minimum sum lump investment and Rs 500 as the minimum SIP investment.
Invesco India PSU Equity Fund - Direct Plan
The fund's 96.99 per cent investments are in equity and 3.01 per cent in cash and cash equivalents. In its 20-stock portfolio, the fund has Power Grid, Hindustan Aeronautics Limited, BEL, NTPC, and SBI as the main holdings.
A Rs 20,000 monthly SIP in the fund in 3 years, or a total investment of Rs 7.20 lakh, the fund has given Rs 15,99,295.
Equity: Sectoral-Infrastructure- Bandhan Infrastructure Fund - Direct Plan
The top mutual fund from the sectoral-infra category has given 55.54 per cent annualised NAV returns in 3 years. The fund has an asset base of Rs 1,592 crore, while its NAV is Rs 66.3960. Benchmarked against BSE India Infrastructure TRI, the fund has had 18.93 per cent annualised CAGR since its inception in January 2013. At an expense ratio of 0.92 per cent, the fund has Rs 1,000 as the minimum lump sum investment and Rs 100 as the minimum SIP investment.
Bandhan Infrastructure Fund - Direct Plan
The fund has 90.85 per cent of its investments in equity and 9.09 per cent in cash and cash equivalents. In a portfolio of 72 stocks, the fund's main holdings are Kirlosker Brothers, Larsen & Toubro, Adani Ports, Ahluwalia Contract, RIL, Indus Towers, and Ultratech Cements.
A Rs 20,000 monthly SIP in the fund has given Rs 15,27,586 in the three-year period.
Mid cap mutual fund- Motilal Oswal Midcap Fund - Direct Plan
The top-performing mid cap mutual fund in terms of annualised SIP returns in 3 years has given a 47.61 per cent return. The fund's assets under management (AUM) is Rs 12,628 crore, while its NAV rate is Rs 113.8496. Benchmarked against NIFTY Midcap 150 TRI, the fund has had a 26.24 per cent CAGR since its launch in February 2014.
Motilal Oswal Midcap Fund - Direct Plan
With an expense ratio of 0.61 per cent, the fund's minimum lump sum and SIP investment are Rs 500 each. The fund's 94.85 per cent investment is in equity and 5.13 per cent in cash and cash equivalents. In a portfolio of 24 stocks, the fund's main holdings are in Jio Financial, Vodafone Idea, Persistent Systems, Kalyan Jewellers, and Zomato.
A Rs 20,000 monthly SIP in the fund has grown to Rs 13,87,135 in the three-year time frame.
Small cap mutual fund- Bandhan Small Cap Fund - Direct Plan
The top small-cap fund has had 45.84 per cent annualised SIP returns in three years. The fund has an asset base of Rs 5,880 crore, while its NAV price is Rs 47.7690.
Benchmarked against BSE 250 SmallCap TRI, the fund has given 42.30 per cent CAGR since its launch in February 2020. With an expense ratio of 0.33 per cent, the fund has Rs 1,000 as the minimum lump sum investment and Rs 100 as the minimum SIP investment.
Bandhan Small Cap Fund - Direct Plan
The fund's 93.82 per cent investments are in equity and 6.15 per cent in cash and cash equivalent. In a large portfolio of 150 stocks, the fund has Cholamandalam Financial Holdings, Indus Towers, REC, and Apar Industries as its main holdings.
A Rs 20,000 monthly SIP in the fund has swelled to Rs 13,56,977 in the three-year period.
Thematic Dividend Yield- ICICI Prudential Dividend Yield Equity Fund - Direct Plan
The top dividend yield fund has given 39.51 per cent annualised SIP returns in three years. The fund has Rs 4,257 crore of AUM, while its NAV price is Rs 57.7000. Benchmarked against NIFTY 500 TRI, the fund has had 18.71 per cent annualised returns since its inception in May 2014. At an expense ratio of 0.54 per cent, the open ended fund has Rs 5,000 as the minimum lump sum investment and Rs 100 as the minimum SIP investment.
ICICI Prudential Dividend Yield Equity Fund - Direct Plan
The fund has 92.14 per cent of investments in equity, 6.06 per cent in cash and equivalents, 1.34 per cent in real estate, and 0.47 per cent in debt. In a portfolio of 56 stocks, the fund has ICICI Bank, NTPC, Sun Pharma, HDFC Bank, Maruti Suzuki, and Bharti Airtel as its main stocks.
A Rs 20,000 monthly SIP in the fund has grown to Rs 12,52,749 in the three-year period.