Best performing equity MFs in September.
5paisa Research Team
15th December 2022 - 09:35 am
The Public Sector Undertakings - PSU theme MFs dominated the returns chart in September.
The month of September has seen frontline equity indices touching new highs. Nifty crossed 17900 and Sensex crossed the psychological level of 60,000. Nevertheless, the performance of the broader market remained muted. One theme that stole the show in September was Public Sector Undertakings (PSUs). Most of the stocks whether from banking, power or utilities saw a good up move in last month.
Therefore, it was not surprising that the top-performing fund for the month was CPSE Exchange Traded Fund (ETF). We have considered ETF as part of the mutual fund universe. In the last month, CPSE ETF has generated a return of 17.68 %. Compare this with its annualised return of 4.97% generated by the ETF in the last five years. Year till date CPSE ETF has given a return of 50%, which shows the momentum in this theme. Even the second-best return generating fund in September has major exposure in PSU companies.
ICICI Prudential India Opportunities Fund - Direct Plan, which generated a return of 9.34% has major holdings in companies such as NTPC, GAIL, ONGC and SBI. These companies form the top 10 holdings of the fund.
Following Table Shows The Top 10 Equity MFs Based On Last One Year Return.
|
Fund Name |
September Returns (%) |
Category |
Launch |
Expense Ratio (%) |
Net Assets (Cr) |
|
CPSE Exchange Traded Fund |
17.68 |
PSU |
28-Mar-14 |
0.01 |
14400 |
|
ICICI Prudential India Opportunities Fund - Direct Plan |
9.34 |
THEMATIC |
15-Jan-19 |
0.69 |
4090 |
|
ICICI Prudential BHARAT 22 FOF - Direct Plan |
9.3 |
Large Cap |
29-Jun-18 |
0.08 |
39 |
|
ICICI Prudential Large & Mid Cap Fund - Direct Plan |
8.15 |
Large & Mid Cap |
01-Jan-13 |
1.27 |
3888 |
|
Aditya Birla Sun Life PSU Equity Fund - Direct Plan |
7.9 |
PSU |
30-Dec-19 |
0.41 |
788 |
|
ICICI Prudential Infrastructure Fund - Direct Plan |
7.44 |
INFRA |
01-Jan-13 |
1.79 |
1632 |
|
Quant Infrastructure Fund - Direct Plan |
7.26 |
INFRA |
01-Jan-13 |
2.15 |
59 |
|
Quant Small Cap Fund - Direct Plan |
6.75 |
Small Cap |
01-Jan-13 |
0.5 |
1046 |
|
ICICI Prudential Bharat Consumption Fund - Direct Plan |
6.47 |
Consumption |
12-Apr-19 |
1.09 |
264 |
|
Motilal Oswal Midcap 30 Fund - Direct Plan |
6.39 |
Mid Cap |
24-Feb-14 |
0.86 |
2235 |
The above list should not be considered as a recommendation as every month winners keep on changing.
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Tanushree Jaiswal
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