A Thematic Fund to invest in

Investors who believe in the infrastructure story of India,  and want to invest in the infrastructure related schemes in India, should look no further than the Franklin Build India Fund- G.

The growth oriented fund aims to achieve capital appreciation through investments in companies engaged either directly or indirectly in infrastructure-related activities.

The superlative performance over the past 5 years should be given adequate weightage while investing in the fund. Over a 1 year period the fund has generated 7.13 per cent. 3 years' annualised returns for the fund have been 37.75 per cent and the 5 years' annualised return for the fund have been 24 per cent. The returns since inception for the fund have been an impressive 18 per cent and the fund was launched on September 4, 2009.

The fund has maximum allocation to the private sector banks followed by public sector banks, telecommunications and cement & construction sector.

Axis bank , ICICI Bank, State Bank of India & HDFC Bank are the top stock holdings in the fund.

Year 2014 was the best year for the fund in previous 5 year period, where the fund has generated a whopping 94 per cent returns.

This fund ought to be part of a smart mutual fund portfolio with an allocation to infrastructure sector in India.