This CRISIL Rated Infrastructure Fund Outperformed Category Average Returns

Indian investment firms are bullish on the domestic manufacturing sector's expansion. As a result, the manufacturing funds are gaining popularity among investors. These are sectoral funds that invest in firms that are engaged in manufacturing operations. Market players say the theme allows investors the opportunity to participate in potential emerging segments like this sectoral fund mentioned here which invest primarily in Manufacturing and Infrastructure companies. The fund is a 12 years old fund and has given good returns over the years.

BOI AXA Manufacturing & Infrastructure Fund - Direct Plan-Growth

This Manufacturing and Infrastructure sectoral mutual fund scheme was introduced by the Bharti AXA Mutual Fund. It is an It was launched on March 5, 2010. It is an open-ended small-cap fund of its category. It has Rs 74.49 crore Asset Under Management. The recent declared NAV as on 28th April 2022 is Rs 32.26. The expense ratio of this fund is 1.33%, which is slightly higher than its category average expense ratio. This fund is a high-risk fund for investment. 

CRISIL, the mutual fund rating agency has given this fund 5-star ratings. In comparison with peer funds, it has given good return performance. The fund outperformed the category average returns in every period of investment. The minimum investment amount required in this mutual fund scheme is Rs 5000. For SIP, it is Rs 1000. There is no lock-in period in this fund.

Absolute and Annualised Returns

Lump-Sum Investment Returns

Since its launch, it has delivered 9.10% average annual returns.

Tenure	Absolute Returns	Annualised Returns	Category Avg
1 Year	29.71%	29.71%	19.75%
2 Year	123.10%	49.36%	39.79%
3 Year	93.52%	24.54%	17.76%
5 Year	106.13%	15.56%	13.01%
Since Inception	276.87%	15.29%	15.88%

SIP Returns

Tenure	Absolute Returns	Annualised Returns
1 Year	9.52%	18.10%
2 Year	42.75%	38.48%
3 Year	62.21%	34.07%
5 Year	72.88%	22.05%

Portfolio

The fund has 98.91% investment in equities of which 29.83% is in large-cap stocks, 9.75% is in mid-cap stocks, and 45.18% in small-cap stocks. The fund has 0.13% investment in Debt of which 0.13% in Government securities.

The fund has the majority of its money invested in Capital Goods, Metals & Mining, and Construction, Materials, Energy sectors. The fund's top holdings are Larsen & Toubro Ltd., TI Financial Holdings Ltd., Hindalco Industries Ltd., Reliance Industries Ltd., and Birla Corporation Ltd.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.