10 Top Performing Mutual Funds of FY16-17

We did an analysis on the performance to Indian mutual funds as a whole and found the mutual funds that put their money to infrastructure and banking gave the best returns in FY16-17. Top 3 have given more than 50% returns. We believe that infrastructure and banking themes will continue to perform in this financial year as well. Below given are the top 10 mutual funds in India for 1 year time frame, with return as the parameter. Calculated Period: 01-April-2016- 31-March-2017

10 Top Performing Mutual Funds of FY16-17


1. DSP BlackRock Natural Resources and New Energy Fund - Direct Plan (G)

The primary investment objective of DSP BlackRock Natural Resources and New Energy Fund - Direct Plan (G) is to generate capital appreciation and provide long term growth opportunities by investing in equity and equity related securities of companies domiciled in India whose predominant economic activity is in the:-
(a) discovery, development, production, or distribution of natural resources, viz., energy, mining etc;
(b) alternative energy and energy technology sectors, with emphasis given to renewable energy, automotive and on-site power generation, energy storage and enabling energy technologies.
The Scheme will also invest a certain portion of its corpus in the equity and equity related securities of companies domiciled overseas, which are principally engaged in the discovery, development, production or distribution of natural resources and alternative energy and/or the units/shares of BlackRock Global Funds

Fund Type: Open-Ended
Investment Plan: Growth
Launch date:Jan 01, 2013
Benchmark: S&P BSE OIL & GAS, S&P BSE METAL

Top 5 Holdings
Reliance    :9.78%
Vedanta        :8.69%
Cairn India    :7.67%
Tata Steel    :7.55%
Hindalco    :6.78%
BPCL        :6.39%

2. ICICI Pru Bkg&Fin Serv -Direct (G)

ICICI Prudential Banking and Financial Services Fund, is an open-ended equity scheme. The investment objective of the scheme is to generate long-term capital appreciation tounitholdersfrom a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.

Fund Type: Open-Ended
Investment Plan: Growth
Launch date:Jan 01, 2013
Benchmark: S&P BSE BANKEX

Top 5 Holdings
ICICI Bank    :9.07%
HDFC Bank    :8.26%
SBI        :6.87%
Federal Bank    :4.70%
IndusInd Bank    :4.67%

3. L&T Emerging Businesses Fund - Direct Plan (G)

L&T Emerging Businesses Fund - Direct Plan (G) aims to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies. The Scheme could also additionally invest in Foreign Securities. Emerging companies are businesses which are typically in the early stage of development and have the potential to grow their revenues and profits at a higher rate as compared to broader market.

Scheme Details
Fund Type    :Open-Ended
Investment Plan    :Growth
Benchmark    :S&P BSE Smallcap

Top 5 Holdings
Ramco Cements    :2.58%
Indian Bank    :2.52%
Tube Investment    :2.39%
Aarti Ind    :2.31%
Swaraj Engines    :2.30%

4.  SBI Magnum Comma Fund - Direct Plan (G)

The objective of SBI Magnum Comma Fund - Direct Plan (G) is be to generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity business within the following sectors - Oil& Gas, Metals, Materials & Agriculture and in debt & money market instruments.

Scheme Details
Fund Type: Open-Ended
Investment Plan: Growth
Launch date:Jan 01, 2013
Benchmark: Nifty Commodities

Top 5 Holdings   
IOC         :6.90%    
Sagar Cement     :6.48%   
Reliance     :5.77%   
Coal India     :5.49%   
IGL         :5.49%   

5. Sahara Power & Natural Resources Fund - Direct Plan (G)

Infrastructure based Thematic Fund from Sahara

Fund Type: Open-Ended
Investment Plan:Growth
Launch date: Jan 01, 2013
Benchmark: NIFTY 50

Top 5 Holdings
BEML        :6.56%
IGL        :6.10%
Reliance    :5.19%
Mold-Tek Pack    :4.87%
HPCL        :4.83%

6. Tata Banking and Financial Services Fund - Direct Plan (G)

The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.

Scheme Details
Fund Type: Open-Ended
Investment Plan: Dividend
Benchmark : Nifty Finance Service

Top 5 Holdings
HDFC Bank    : 10.64%
Yes Bank    : 9.37%
Muthoot Finance    : 8.74%
Bajaj Finserv    : 7.67%
ICICI Prudentia    : 7.17%

7. Birla Sun Life Small and Midcap Fund - Direct Plan (G)

Birla Sun Life Small and Midcap Fund is an Open ended Small and Mid Cap Equity Scheme with an objective to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities of companies considered to be small and midcap. The Scheme may also invest a certain portion of its corpus in fixed income securities including money market instruments, in order to meet liquidity requirements from time to time.

Scheme Details
Fund Type: Open-Ended
Investment Plan: Dividend
Benchmark : NIFTY MIDCAP 100

Top 5 Holdings
Guj State Petro    :3.25%
DCB Bank    :3.11%
Sterlite Techno    :3.10%
V-Guard Ind    :2.71%
Akzo Nobel    :2.68%

8. Birla Sun Life Banking And Financial Services Fund - Direct Plan (G)

The primary investment objective of the Scheme is to generate long-term capital appreciation to unitholders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.

Scheme Details
Fund Type: Open-Ended
Investment Plan: Growth
Benchmark : NIFTY FINANCE SERVICE

Top 5 Holdings
HDFC Bank    :10.20%
ICICI Bank    :9.74%
Yes Bank    :9.59%
Bajaj Finance    :7.25%
IndusInd Bank    :6.15%

9. IDFC Infrastructure - Direct (G)

An Infrastructure based Thematic Fund from IDFC

Scheme details
Fund Type    :Open-Ended
Investment Plan    :Growth
Benchmark    :Nifty Infra

Top 5 Holdings
EngineersInd    :6.35%
IGL        :5.77%
Vedanta        :4.87%
NBCC (India)    :4.83%
Cairn India    :4.69%
Dilip Buildcon    :4.31%

10. UTI Banking Sector Fund - Direct Plan (G)

Investment objective is capital appreciation through investments in the stocks of the companies/ institutions engaged in the banking and financial services activities.

Scheme details
Fund Type    :Open-Ended
Investment Plan    :Growth
Benchmark    :Nifty Bank

HDFC Bank    :24.12%
ICICI Bank    :16.16%
IndusInd Bank    :9.11%
Equitas Holding    :4.88%
M&M Financial    :4.63%

(Disclaimer: Past returns are not indicative of future performance. Mutual fund returns are subject to market risks. Please read the Scheme Information Document and Statement of Additional Information carefully before investing.)

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