This Top- Rated Infrastructure Mutual Fund Has Given Highest Return In 1 Year SIP
ICICI Prudential Infrastructure Fund is a top- rated Sectoral fund from the house of ICICI Prudential Mutual Fund.
The fund has delivered above- average returns and is among the top- performing SIP in the 1 year.
Also, the fund has been rated by top agencies such as Value Research. Returns on SIP by the ICICI Prudential Infrastructure Fund
The ICICI Prudential Infrastructure Fund is worth Rs 6.40 lakh, which is 38% annualised returns.
In simple words, your total investment of Rs 3.70 lakh would have turned into 6.40 lakh in 3 years with your Rs 10,000 SIP. fund has given good returns over the years on SIP, however, it doesn't mean that the returns are guaranteed.
Having said that, this is an equity scheme, which makes the return subject to market conditions.
It advisable to invest in the fund in accordance with market conditions.
Fund's Returns over the year and portfolio
The fund has given 22 .31 % annualised returns in the 1 year, which is more than 11% times its category average return in the same investment period.
Since its inception, the fund had delivered 14.46 % annualised average returns, against 13 .47 % annualised category average returns.
The fund has major holdings in Equity, 94 .07 % with top holding NTPC, Larsen & Toubro, Bharti Airtel, Oil & Natural Gas, HDFC Bank, Kalpataru Power Transmission, Housing Development Finance and Axis Bank.
ICICI Prudential Infrastructure Fund's Details
The ICICI Prudential Infrastructure Fund is Rs 2,273 crore.
Mutual fund investments are subject to market risk. Read all scheme- related Terms and Conditions carefully before investing.
The above- mentioned information is purely informational and doesn't guarantee any return.
The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
By Shubham Kumar Goodreturns source: Dailyhunt