Top 5 sectoral or thematic MFs deliver over 250% returns in Modi’s second term

June 2, 2024

posted on Jun. 02, 2024 at 10:38 am

Jun 02, 2024, 03:25:18 PM IST

Chart Toppers

Around five sectoral/thematic mutual funds have offered more than 250% absolute return in Modi’s second term as PM. There were around 108 sectoral/thematic funds in the said period, according to ACE MF data.

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Two Infrastructure winners

2/6

Two Infrastructure winners

Two infrastructure funds – Quant Infrastructure Fund and Invesco India Infrastructure Fund – gave an absolute return of 379.75% and 282.53%, respectively in the last five years.

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Invesco India PSU Equity Fund

3/6

Invesco India PSU Equity Fund

This PSU theme-based fund gave an absolute return of 281.10% in the last five years of the Modi government.

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Nippon India Power & Infra Fund

4/6

Nippon India Power & Infra Fund

This energy and power sector-based fund delivered an absolute return of 255.43% in Modi’s second term.

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ICICI Prudential Infrastructure Fund

5/6

ICICI Prudential Infrastructure Fund

This infrastructure sector-based fund offered an absolute return of 252.54% in the last five years.

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Only negative performer

6/6

Only negative performer

HSBC Brazil Fund, an international fund, gave a negative return to the tune of 12.96% in the last five years of the Modi government.

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businessfastJune 2, 2024

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