Best Sectoral Funds: In the month of August, maximum inflow in the equity category came in sectoral funds. Franklin Build India Fund is the best performer over a period of 10 years. Know how this fund has performed.
Best Sectoral Funds: In the data of mutual funds that has come for the month of August, the highest investment in the equity category was recorded in sectoral funds. According to the data available on AMFI website, a huge investment of Rs 20245 crore came in the equity category. In this, maximum inflow of Rs 4805 crore was recorded in sectoral funds. After this there was an inflow of Rs 4265 crore in small cap funds.
Average rate of return was 22%
Talking about the long term performance of Sectoral Funds category, the highest average return of 22 percent has been achieved in the period of 10 years. Six schemes in this category have given returns with a CAGR of more than 20% over a ten-year period. Franklin Build India Fund is the top performer in this. It has given an average return of about 22 percent.
About 10% of the fund is invested in L&T.
Talking about the performance of Franklin Build India Fund, its NAV is Rs 91.5. The size of the fund is Rs 1556 crore. 47.35 percent of this fund is invested in largecap stocks, 13.87 percent in midcap stocks and 23.94 percent in smallcap stocks. Investments have been made in a total of 40 stocks. Larsen & Toubro has the highest holding of 9.87 percent. After this there is investment in NTPC, ICICI Bank and PowerGrid.
How lump sum investors got returns in 10 years
This fund has given an average return of 21.91 percent in 10 years to lump sum investors and a lump sum return of 626 percent. If an investor had invested Rs 1 lakh ten years ago, its value today would have been Rs 7.26 lakh.
How much return did SIP investors get in 10 years?
Franklin Build India Fund has given an average return of 18.75 percent to SIP investors. Net return is 168 percent. If an investor had started a SIP of Rs 10,000 ten years ago, his fund today would have been worth Rs 32.20 lakh. The total investment would have been Rs 12 lakh.
(Disclaimer: Mutual fund investments are subject to market risks. Past performance cannot be taken as a measure of future returns. Investment advice is not given here. Consult your advisor before taking any investment decision.) .)
