3 Best Performing Schemes From SBI Mutual, ICICI Mutual & HDFC Mutual Schemes

It's a good idea to occasionally rejig your portfolio and look at how your mutual fund schemes are performing. Overall, we believe that prolonged period of under performance may not be a good idea. In any case, here are 3 mutual fund houses where we have highlighted the best performing schemes from among them. Please be informed that we do not recommend mutual fund schemes and in the present article are highlighting the best performing funds based on 3-year returns.

ICICI Prudential Commodities Fund, Direct Growth

ICICI Prudential Commodities Fund, Direct Growth, is the best performing mutual fund scheme from the ICICI Mutual Fund stable in terms of 3-year returns. The fund has generated a 3-year absolute returns of 275% and annualized returns of 55%. The current net asset value of ICICI Prudential Commodities Fund, Direct Growth is Rs 28.72. ICICI Prudential Commodities Fund, Direct Growth has investment in stocks like Tata Steel, Ultratech Cement, JSW Steel, Jindal Stainless Steel, Grasim Industries and Ambuja Cements. As can be seen most of the exposure of the fund is to the commodities sector, which include names from the cement and steel industry. The equity holdings of the fund is nearly 94.66%, with the remaining in cash and cash equivalents.

SBI Contra Direct Plan Growth

In terms of 3-years performance, this is the best performing mutual fund scheme from the SBI Mutual Fund stable. The SBI Contra Direct Plan Growth has assets under management to the tune of nearly Rs 9000 crores. The 3-year absolute returns from the fund is close to 195%, while the annualized returns over the period is 43.47%. The majority of the funds are held in stocks of the highest quality including names like GAIL, ICICI Bank, HDFC Bank etc. About 38% of the portfolio is in stocks that are from the largecap space.

HDFC Small Cap Fund - Direct Plan - Growth

One of the top performers in terms of 3-year returns from the HDFC Mutual Fund stable is HDFC Small Cap Fund - Direct Plan - Growth. The fund has generated 3-year returns of 44.60% on an annualized basis and has a solid Rs 14,000 crores worth assets under management. Among the stocks in its portfolio include names like Sonata Software, Bank of Baroda, Bajaj Electricals, Firstsource Solutions etc. About 92% of the portfolio of HDFC Small Cap Fund - Direct Plan - Growth has been earmarked to equities at the moment. The net asset value of the fund currently stands at Rs 92.96.

Disclaimer
The article is not a recommendation to buy, sell of hold in any of the mutual fund units listed above. We have only highlighted the best performing mutual fund schemes. Please do not make your investment decision based on the article and consult a professional advisor. Neither Greynium Information Technologies Pvt Ltd, nor the author would be responsible for losses based on the above article.