LIC MF Infrastructure Fund: There are numerous ways to invest in the stock market. One of the most favored methods is through mutual funds. Selecting the right mutual fund can lead to significant wealth. However, picking the appropriate mutual fund scheme can be challenging, yet a fund that consistently performs well across various market conditions is deemed trustworthy. One such option from LIC Mutual Fund is the LIC MF Infrastructure Fund – Direct Plan (Growth), which has provided outstanding returns to its investors over the long haul.
This fund has shown impressive returns for both lumpsum and SIP investors over periods of 3, 5, and 10 years. This is the reason it is regarded as one of LIC’s top-performing funds. Lumpsum investors have enjoyed remarkable returns.
This fund has been particularly advantageous for those who invest a substantial amount at once and maintain their investment over a long duration. In three years, this fund yielded an annualized return of around 28%, boosting an investment of Rs 1 lakh to about Rs 2.10 lakh. After five years, the same investment grew to Rs 3.31 lakh, and in ten years, the value of Rs 1 lakh rose to nearly Rs 5.17 lakh.
This scheme has also proven beneficial for regular investors, who have steadily built a significant corpus through SIPs. Investors who contributed Rs 10,000 monthly in SIPs have accumulated a corpus of roughly Rs 3.4 million over ten years. The SIP value surpassed Rs 1 million in five years, and investors also received satisfactory returns within three years.
LIC MF Infrastructure Fund was launched on January 2, 2013, and has delivered average returns of over 15% to date. The fund benchmarks itself against the NIFTY Infrastructure TRI and currently has assets under management of over Rs 1,000 crore. Although the fund falls into the high-risk category, its risk-adjusted returns appear balanced.
A strong hold on the infrastructure sector:
A significant portion of this fund is invested in infrastructure-related sectors. The portfolio includes industrial companies, energy, materials, and select financial stocks. Investments in companies like L&T, Tata Motors, REC, and Cummins India have provided the fund with direct benefits from sector growth.
