Best performing mutual funds for November 2020
Nifty and Sensex surged over 11 per cent each in the month of November 2020. This can be clearly attributed to the record FPI inflows of around USD 8 billion during the month even though the domestic institutional investors (DIIs) were heavy sellers. Further, the market breadth improved materially as mid-caps and small-caps outperformed the large-caps. On the sectoral front, financials, industrials & consumer discretionary were the best-performing sectors, whereas energy, IT, and healthcare were hit the most. Nevertheless, Indian markets also witnessed better-than-expected corporate earnings as margin expansion resulted in double-digit profit growth, which comfortably offset the declining revenues. In this article, we would be looking at the performance of the funds in the month of November 2020. The best performers have been ranked the highest.
|
Equity funds
|
1-year
|
3-year
|
5-year
|
Sortino ratio
|
|
Aditya Birla Sun Life Banking & Financial Services Fund
|
-3.84
|
2.94
|
12.86
|
0.07
|
|
Motilal Oswal Nifty Bank Index Fund
|
-7.65
|
-
|
-
|
-0.07
|
|
UTI Banking and Financial Services Fund
|
-10.45
|
-1.91
|
7.94
|
-0.16
|
|
Sundaram Financial Services Opportunities Fund
|
0.05
|
6.35
|
11.80
|
0.17
|
|
Taurus Banking & Financial Services Fund
|
-1.35
|
8.18
|
12.03
|
0.09
|
|
Debt funds
|
1-year
|
3-year
|
5-year
|
Sortino ratio
|
|
Franklin India Income Opportunities Fund
|
-6.44
|
2.09
|
4.70
|
-0.84
|
|
Aditya Birla Sun Life Medium Term Plan
|
7.83
|
2.74
|
5.23
|
0.86
|
|
Franklin India ST Income Plan
|
-8.00
|
1.68
|
4.41
|
-1.35
|
|
Franklin India Credit Risk Fund
|
-2.05
|
3.41
|
5.48
|
-0.72
|
|
Franklin India Dynamic Accrual Fund
|
-3.03
|
3.79
|
6.01
|
-0.95
|
|
Hybrid funds
|
1-year
|
3-year
|
5-year
|
Sortino ratio
|
|
UTI CCF - Investment Plan
|
14.09
|
5.76
|
10.96
|
0.68
|
|
HDFC Balanced Advantage Fund
|
0.86
|
3.64
|
9.17
|
0.03
|
|
JM Equity Hybrid Fund
|
26.49
|
6.34
|
7.43
|
1.46
|
|
ICICI Pru Equity & Debt Fund
|
2.99
|
4.26
|
9.26
|
0.10
|
|
HDFC Retirement Savings Fund-Equity Plan
|
12.92
|
4.86
|
-
|
0.63
|