Best and the worst-performing mutual fund categories in November 2021
DSIJ IntelligenceCategories: MF Unlocked, Mutual Fund
Let’s look at the best as well as worst-performing funds or ETFs within the category of Technology Sector and Banking Sector based on one month return
In November 2021, the Indian equity market fell mainly due to the newsbreak of the new Covid-19 strain detected in South Africa.
During such fall the technology sector witnessed a good performance among other sectors, which is the major reason for it becoming the best performer of the month, while the banking sectoral category performed worst among other mutual fund categories. Interestingly the banking sector was the best performer in the month of October. Both schemes are equity-oriented. The return of the Technology sectoral category for one month is 2.40 per cent. Whereas, the one month return for the Banking sectoral category is -8.20 per cent.
Let’s look at the best as well as worst-performing funds or ETFs within the category of Technology Sector and Banking Sector based on one month return:
|
Fund Name (Direct Plan) |
1-month return (in per cent) (November 2021) |
AUM (in crs.) |
Expense ratio (in per cent) |
|
Aditya Birla Sun Life Digital India |
3.96 |
₹2,658 |
1.01 |
|
SBI Technology Opportunities Fund |
3.47 |
₹1,891 |
0.98 |
|
ICICI Prudential Technology Fund |
2.97 |
₹6,887 |
0.77 |
|
Tata Digital India Fund |
2.07 |
₹3,842 |
0.43 |
|
Franklin India Technology Fund |
2.02 |
₹721 |
1.50 |
|
Fund Name (Direct Plan) |
1-month return (in per cent) (November 2021) |
AUM (in crs.) |
Expense ratio (in per cent) |
|
ICICI Prudential Private Banks ETF |
-9.81 |
₹2,699 |
0.15 |
|
SBI ETF Private Bank |
-9.81 |
₹4 |
0.15 |
|
Tata Nifty Private Bank ETF |
-9.78 |
₹15 |
0.15 |
|
Kotak PSU Bank ETF |
-9.41 |
₹195 |
0.49 |
|
Baroda Banking & Financial Services Fund |
-9.23 |
₹55 |
1.77 |
Let’s look at the top holdings of the above-mentioned best as well as worst-performing funds:
|
Aditya Birla Sun Life Digital India |
|
|
Company Name |
Asset% |
|
Infosys |
17.94 |
|
Tata Consultancy Services |
10.95 |
|
Tech Mahindra |
9.48 |
|
HCL Technologies |
8.45 |
|
Bharti Airtel |
6.06 |
|
ICICI Prudential Private Banks ETF |
|
|
Company Name |
Asset% |
|
ICICI Bank |
24.80 |
|
HDFC Bank |
24.60 |
|
Kotak Mahindra Bank |
13.29 |
|
Axis Bank |
12.39 |
|
IndusInd Bank |
11.88 |