Best Mutual Funds: Wealth advisors often suggest that sectoral/thematic funds are risky and one should invest only a small portion of their portfolio in them.
Best Mutual Funds: Sectoral mutual funds have given strong returns to investors. In such a situation, if you are also planning to invest in sectoral mutual funds, then we are telling you about some funds, which have given great returns to investors in the last 5 years. Let us tell you that according to SEBI’s mutual fund rules, sectoral/thematic funds are those mutual funds, which invest a minimum of 80 percent in the shares of a particular sector or theme. Currently there are about 183 sectoral mutual fund schemes. About ₹ 13,255 crore was invested in these schemes in September.
4.67 lakh crore rupees invested
The total AUM of these schemes is ₹4,67,188 crore, which is the highest across all categories of equity mutual funds, including flexi cap, ELSS, large cap, mid cap and small cap funds. The schemes we are talking about are well-performing sectoral/thematic mutual fund schemes that have delivered more than 25 per cent CAGR returns over the last five years as of October 18, 2024. It is important to note that most of these top-performing schemes fall in the categories of IT, infrastructure, healthcare, energy and manufacturing.
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- Aditya Birla Sun Life Digital India Fund: 27.73
- Bandhan Infrastructure Fund: 31.12
- Bank of India Manufacturing & Infrastructure Fund: 31.0
- Canara Robeco Infrastructure Fund: 30.60
- DSP Healthcare Fund: 30.26
- Franklin Build India Fund: 28.38
- HDFC Infrastructure Fund: 32.63
- ICICI Prudential India Opportunities Fund: 28.41
- Invesco India Infrastructure Fund: 31.70
- Invesco India PSU Equity Fund: 29.16
- Kotak Infrastructure & Economic Reform Fund: 29.17
Wealth advisors often suggest that sectoral/thematic funds are risky and one should invest only a small portion of their portfolio in them. However, it is worth noting that past returns of a scheme, though indicative, do not guarantee future returns. Hence, consult your wealth advisor before investing in any fund.
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