Infra mutual funds among top winners in last 5 years of Modi government
mutual funds have been among the top 10 winners in the last five years of the Modi government, data crunching by ETMutualFunds showed. Around 108 sectoral/thematic funds were in the market in the said period. Out of the top 10 sectoral/thematic funds, eight schemes were from the infrastructure sector.
Infrastructure funds have offered an absolute return of up to 380% in the last five years of the Modi-led government. Quant Infrastructure Fund, the topper in the list, gave an absolute return of 379.75% in the last five years. Invesco India Infrastructure Fund delivered 282.53% in the said period.
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View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-110553088»>Invesco India PSU Equity Fund, a PSU fund, gave an absolute return of 281.10% in the last five years of the Modi led government. Nippon India Power & Infra Fund, a energy & power sector based fund, delivered an absolute return of 255.43% in the last five years.
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The next six schemes in the list were from infrastructure sector based mutual funds. These funds gave absolute returns ranging between 232.79% — 252.54% in the same time period.
What strategy or policy by the government led to this performance of the infrastructure funds since May 2019?
“The performance of infrastructure funds in India since May 2019 can be attributed to several strategic initiatives and policies implemented by the government. Firstly, there has been
