Top Banking Funds – Returns and Performance Comparison
You should have known that recently the bank stocks have appreciated well from their lows. Then you could also take a chance to invest in specific sectoral funds like banking funds. Here is a performance comparison of the banking funds that are performing well.
The average performance by the top banking sector funds is really good. The quarterly returns are more than 16% and the annual returns are more than 50%. The top 3 banking sector funds are:
- Reliance Banking Fund
- UTI Banking Sector Fund
- Religare Banking Fund – Regular
Quarterly Returns – more than 17%
Yearly Returns – more than 55%
Top Holdings:
- State Bank of India
- ICICI Bank
- Canara Bank
- Bank of Baroda
- Oriental Bank of Commerce
Quarterly Returns – more than 17%
Yearly Returns – more than 50%
Top Holdings:
- HDFC Bank Limited
- State Bank of India
- ICICI Bank Limited
- Axis Bank Limited
Quarterly Returns – more than 15%
Yearly Returns – more than 50%
Top Holdings:
- HDFC Bank Limited
- ICICI Bank Limited
- State Bank of India
- Bank of Baroda
- Canara Bank
As you see the top holdings from the top banking funds are almost similar. So I have filtered out the top holdings and listed here. If you feel to take the risk of investing in stocks, you could also try investing in these stocks. These are my personal views and just for your information.
- State Bank of India
- ICICI Bank
- HDFC Bank
- Bank of Baroda
- Canara Bank
Disclaimer:
“Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. Please read the Statement of Additional Information and Scheme Information Document carefully before investing”.
“In Mutual Funds, the past performance is not guaranteed in future”.
The information contained in this website has been obtained from sources considered to be authentic and reliable. However, InvestMutualfunds.net is not responsible for any error or inaccuracy or for any losses suffered on account of information.
