Best performing equity MFs in September.

Best performing equity MFs in September.
by 5paisa Research Team 01/10/2021

The Public Sector Undertakings - PSU theme  MFs dominated the returns chart in September.

The month of September has seen frontline equity indices touching new highs. Nifty crossed 17900 and Sensex crossed the psychological level of 60,000. Nevertheless, the performance of the broader market remained muted. One theme that stole the show in September was Public Sector Undertakings (PSUs). Most of the stocks whether from banking, power or utilities saw a good up move in last month.

Therefore, it was not surprising that the top-performing fund for the month was CPSE Exchange Traded Fund (ETF). We have considered ETF as part of the mutual fund universe. In the last month, CPSE ETF has generated a return of 17.68 %. Compare this with its annualised return of 4.97% generated by the ETF in the last five years. Year till date CPSE ETF has given a return of 50%, which shows the momentum in this theme. Even the second-best return generating fund in September has major exposure in PSU companies.

ICICI Prudential India Opportunities Fund - Direct Plan, which generated a return of 9.34% has major holdings in companies such as NTPC, GAIL, ONGC and SBI. These companies form the top 10 holdings of the fund.

Following Table Shows The Top 10 Equity MFs Based On Last One Year Return.

Fund Name  

September Returns (%)  

Category  

Launch  

Expense Ratio (%)  

Net Assets (Cr)  

CPSE Exchange Traded Fund  

17.68  

PSU  

28-Mar-14  

0.01  

14400  

ICICI Prudential India Opportunities Fund - Direct Plan  

9.34  

THEMATIC  

15-Jan-19  

0.69  

4090  

ICICI Prudential BHARAT 22 FOF - Direct Plan  

9.3  

Large Cap  

29-Jun-18  

0.08  

39  

ICICI Prudential Large & Mid Cap Fund - Direct Plan  

8.15  

Large & Mid Cap  

01-Jan-13  

1.27  

3888  

Aditya Birla Sun Life PSU Equity Fund - Direct Plan  

7.9  

PSU  

30-Dec-19  

0.41  

788  

ICICI Prudential Infrastructure Fund - Direct Plan  

7.44  

INFRA  

01-Jan-13  

1.79  

1632  

Quant Infrastructure Fund - Direct Plan  

7.26  

INFRA  

01-Jan-13  

2.15  

59  

Quant Small Cap Fund - Direct Plan  

6.75  

Small Cap  

01-Jan-13  

0.5  

1046  

ICICI Prudential Bharat Consumption Fund - Direct Plan  

6.47  

Consumption  

12-Apr-19  

1.09  

264  

Motilal Oswal Midcap 30 Fund - Direct Plan  

6.39  

Mid Cap  

24-Feb-14  

0.86  

2235  

The above list should not be considered as a recommendation as every month winners keep on changing.

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