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Best Sectoral Fund: In the mutual fund data for the month of August, the highest investment in 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, the highest inflow of Rs 4805 crore was recorded in sectoral funds. After this, Rs 4265 crore was invested in small cap funds.
The average rate of return was 22%
Talking about the long-term performance of the Sectoral Funds category, the highest average return of 22 percent has been achieved in the 10-year period. Six schemes in this category have given returns with a CAGR of more than 20% over a ten-year period. In this, Franklin Build India Fund is the top performer. 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. Investment has been made in total 40 shares. Larsen & Toubro has the highest stake of 9.87 percent. After this there is investment in NTPC, ICICI Bank and Power Grid.
How much return did lump sum investors get in 10 years?
This fund has given an average return of 21.91 percent to lump sum investors in 10 years and 626 percent return to lump sum investors. 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 corpus today would have been worth Rs 32.20 lakh. The total investment would have been Rs 12 lakh.
