Best and the worst-performing mutual fund categories in December 2021
In the month of December 2021, the technology sector continued its good performance, which is the major reason for it becoming the best performer since November 2021. While the banking sectoral category performed worst among other mutual fund categories. Interestingly, both schemes are equity-oriented. The return of the technology sectoral category for one month is 9.01 per cent. Whereas, the one month return for the banking sectoral category is -0.96 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) (December 2021)
|
AUM (in crs.) (as of November 2021)
|
Expense Ratio (in per cent) (as of 30th November 2021)
|
|
Aditya Birla Sun Life Nifty IT
|
10.43
|
₹35
|
-
|
|
ICICI Prudential IT ETF
|
10.42
|
₹2,456
|
0.20
|
|
Axis Tech ETF
|
10.41
|
₹23
|
0.22
|
|
SBI IT ETF
|
10.41
|
₹971
|
0.22
|
|
Nippon India ETF Nifty IT
|
10.40
|
₹845
|
0.22
|
|
Fund Name (Direct Plan)
|
1-month return (in per cent) (December 2021)
|
AUM (in crs.) (as of November 2021)
|
Expense Ratio (in per cent) (as of 30th November 2021)
|
|
UTI Banking and Financial Services Fund
|
-2.01
|
₹719
|
1.33
|
|
Invesco India Financial Services Fund
|
-1.77
|
₹373
|
1.24
|
|
Taurus Banking and Financial Services Fund
|
-1.63
|
₹9
|
1.68
|
|
Tata Banking and Financial Services Fund
|
-1.62
|
₹830
|
0.87
|
|
IDBI Banking and Financial Services Fund
|
-1.53
|
₹91
|
1.50
|
Let’s look at the top holdings of the above-mentioned best as well as worst-performing funds:
|
Aditya Birla Sun Life Nifty IT
|
|
Company Name
|
Assets%
|
|
Infosys
|
27.43
|
|
Tata Consultancy Services
|
24.52
|
|
Tech Mahindra
|
9.93
|
|
Wipro
|
9.19
|
|
HCL Technologies
|
8.29
|
|
UTI Banking and Financial Services Fund
|
|
Company Name
|
Assets%
|
|
HDFC Bank
|
21.59
|
|
ICICI Bank
|
16.88
|
|
State Bank of India
|
9.28
|
|
Axis Bank
|
8.66
|
|
HDFC
|
5.57
|