Post Budget 2022, Mutual Fund Pick!
Updated on 03-02-2022
While presenting Union Budget 2022, Finance Minister Nirmala Sitharaman has put great emphasis on infrastructure development, under the new PM GatiShakti program. Finance Minister Nirmala Sitharaman said that this new scheme is a transformative approach for economic growth and sustainable development driven by seven engines- Roads, Railways, Airports, Ports, Mass Transport, Waterways, and Logistics Infrastructure. She declared that the government will extend the national highway network by 25,000 kilometres under the PM Gati Shakti master plan in the fiscal year 2022-23. Mutual fund advisors and fund managers believe that this push is going to be beneficial for investments in the infrastructure segment.
The budget may not have much for mutual fund investors. But this push will be beneficial for investor’s investments in the infrastructure sector funds
Infrastructure funds might see an up rise as the underlying sector gets a boost. In the last one year, infrastructure has come in limelight with the investment and with its returns too. The infrastructure segment got a push from the government in the Union Budget, 2021 as well. The sector has fared well since then. The mutual fund schemes investing primarily in infrastructure have offered an average return of 51.84% in the last one year. Toppers in the category have given as high as 80% returns in one year. Here’s a look at these schemes:
|
Scheme |
1 Year Returns |
3 Year Returns |
|
|
IDFC Infrastructure Fund - Regular Growth |
53.88% |
22.45% |
|
|
ICICI Prudential Infrastructure Fund - Regular Growth |
52.10% |
31.76% |
|
|
Tata Infrastructure Fund - Regular Growth |
44.59% |
29.57% |
*Data as on 3rd February, 2022.
Generally, infrastructure funds are less risky than other sector funds. This is because of the wider universe of these schemes. Seasoned investor can invest in infrastructure funds having a longer time horizon. Investors can take exposure to infrastructure theme by investing in diversified equity funds as this may be better route of growth for them.
You can also use GIIS Financial tools or Our Android App for Investment, tracking and Asset allocation planning.
*Mutual Fund Investments are subject to market risk, read all scheme related documents carefully.
Share On
0
Comment