Top 5 Sectoral Mutual Fund Schemes: There was a huge decline in the Indian stock market last week. After which, this week the Indian market is recovering very slowly. On Monday, BSE Sensex closed above 78,500 with a gain of about 493 points, while Nifty closed above 22,450 with a gain of about 145 points. But, on Tuesday the market once again witnessed a decline. On Tuesday, BSE Sensex closed with a fall of about 67 points and Nifty by about 26 points.
Sectoral mutual fund schemes giving highest returns in last one year
Amidst this ongoing decline in the market, there has been a very bad impact on the mutual fund portfolios of investors. However, in the meanwhile, there were many mutual fund schemes which played an important role in maintaining the portfolio of investors to a great extent. Here we will know about those top 5 sectoral mutual fund schemes, which despite this huge fall, have given tremendous returns in the last one year. They also have a mutual fund scheme which has given a return of 50.33 percent in the last one year. Two schemes of HDFC Mutual Fund are included in these top 5 sectoral mutual fund schemes.
Union Innovation and Opportunities Fund
According to AMFI data, the Direct Plan of Union Innovation and Opportunities Fund has given a return of 43.90 percent in the last one year.
HDFC Defense Fund
HDFC Defense Fund’s Direct Plan has given a return of 46.03 percent in the last 1 year.
ICICI Prudential Pharma Healthcare and Diagnostics (PHD) Fund
ICICI Prudential Pharma Healthcare & Diagnostics Fund’s Direct Plan has given returns of 47.09 percent in the last 1 year.
HDFC Pharma And Healthcare Fund
HDFC Pharma & Healthcare Fund’s Direct Plan has given returns of 50.33 percent in the last 1 year.
LIC MF Infrastructure Fund
LIC MF Infrastructure Fund’s Direct Plan has given a return of 53.17 percent in the last 1 year.
