Fincash » UTI Infrastructure Fund Vs ICICI Prudential Infrastructure Fund
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UTI Infrastructure Fund Vs ICICI Prudential Infrastructure Fund
UTI Infrastructure Fund Vs ICICI Prudential Infrastructure Fund is a comparative article that eases the option or process of choosing one fund of the same category for the investors. Both the funds belong to the same category of Mutual Funds- infrastructure sector equity. sector funds are a type of mutual fund that invests in securities of specific sectors of the Economy, such as telecom, banking, FMCG, Information Technology (IT), pharmaceutical and infrastructure. Sector funds carry a higher Volatility than any other Equity Funds. As, high-risk comes with high-reward, sector funds seem to comply with it. So, let us understand the differences between UTI Infrastructure Fund and ICICI Prudential Infrastructure Fund by comparing various parameters such as AUM, NAV, performance, and so on.
UTI Infrastructure Fund
UTI Infrastructure Fund was launched in the year 2004. The fund is an open-ended equity scheme that predominantly invests in stocks of companies which are engaged in the infrastructure growth & development of the country. As the infrastructure sector is a key driver for the economy, companies engaged in this sector tend to perform well in the Market.
The top holdings of the fund as on 31st July 2018 includes Larsen & Toubro Ltd, Shree Cement, Ultratech Cement, ICICI Bank, Yes Bank, State Bank of India, etc.
ICICI Prudential Infrastructure Fund
ICICI Prudential Infrastructure Fund was launched in the year 2005. The fund aims to generate Capital appreciation and Income distribution by Investing predominantly in equity and related securities of the companies belonging to the infrastructure development. The fund also invest a portion of the fund in debt securities and money market instruments.
Some of the top holdings of the fund as on 31st Jul'18 are NTPC Ltd, State Bank of India, Bharti Airtel Ltd, Oil & Natural Gas Corp Ltd, GAIL (India) Ltd, etc.
UTI Infrastructure Fund Vs ICICI Prudential Infrastructure Fund
UTI Infrastructure Fund Vs ICICI Prudential Infrastructure Fund both differ on account of numerous parameters though they belong to the same category. So, let’s understand the differences between them that are classified into four sections, namely, basics section, performance section, yearly performance section, and other details section.
Basics Section
Being the first section, it compares parameters such as current NAV, Fincash Rating, AUM, scheme category and many more. With respect to scheme category, both the schemes are a part of the same category, Sector Equity.
Based on Fincash Rating, it can be said that, both the schemes are rated as 3-Star Schemes.
The comparison of the basics section is as follows.
Parameters Basics NAV Net Assets (Cr) Launch Date Rating Category Sub Cat. Category Rank Risk Expense Ratio Sharpe Ratio Information Ratio Alpha Ratio Benchmark Exit Load UTI Infrastructure Fund
Growth
Fund Details ₹133.047 ↓ -1.38 (-1.02 %) ₹2,293 on 31 Oct 24 7 Apr 04 ☆☆☆ Equity Sectoral 28 High 2.25 2.14 0.06 4.42 Not Available 0-1 Years (1%),1 Years and above(NIL) ICICI Prudential Infrastructure Fund
Growth
Fund Details ₹180.56 ↓ -2.37 (-1.30 %) ₹6,779 on 31 Oct 24 31 Aug 05 ☆☆☆ Equity Sectoral 27 High 2.22 2.79 0 0 Not Available 0-1 Years (1%),1 Years and above(NIL)
Performance Section
Being the second section, it analyses the differences in the Compounded Annual Growth Rate or CAGR returns of both the schemes. These CAGR returns are compared at different time intervals such as 1 Month Return, 6 Month Return, 5 Year Return, and Return since Inception. The comparison of CAGR returns reveals that UTI Infrastructure Fund has slightly performed better than ICICI Prudential Infrastructure Fund. The table given below summarizes the comparison of the performance section.
Parameters Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch UTI Infrastructure Fund
Growth
Fund Details -9.1% -9.8% -3.4% 28.9% 18.8% 20.1% 13.9% ICICI Prudential Infrastructure Fund
Growth
Fund Details -7.2% -5.6% 0.4% 38.8% 30.4% 29.6% 16.2%
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Yearly Performance Section
The comparison of absolute returns generated by both the schemes for a particular year is done in the yearly performance section. The analysis of absolute returns shows that for certain years UTI Infrastructure Fund has performed slightly better than ICICI Prudential Infrastructure Fund. The summary comparison of the yearly performance section is tabulated as follows.
Parameters Yearly Performance 2023 2022 2021 2020 2019 UTI Infrastructure Fund
Growth
Fund Details 38.2% 8.8% 39.4% 3.4% 6.7% ICICI Prudential Infrastructure Fund
Growth
Fund Details 44.6% 28.8% 50.1% 3.6% 2.6%
Other Details Section
The minimum SIP Investment and minimum lumpsum investment are some of the parameters that form part of the other details section. The minimum lumpsum investment for both the schemes is same, that is, INR 5,000. However, the schemes differ on account of minimum SIP investment. The SIP amount for UTI Infrastructure Fund is INR 500 and in case of ICICI Prudential Infrastructure Fund is INR 1000.
Sanjay Dongre is the current senior fund manager with UTI Mutual Fund.
ICICI Prudential Infrastructure Fund is jointly managed by Sankaran Naren and Ihab Dalwai.
The table given below summarizes the comparison of other details section.
Parameters Other Details Min SIP Investment Min Investment Fund Manager UTI Infrastructure Fund
Growth
Fund Details ₹500 ₹5,000 Sachin Trivedi - 3.17 Yr. ICICI Prudential Infrastructure Fund
Growth
Fund Details ₹100 ₹5,000 Ihab Dalwai - 7.42 Yr.
Growth of 10k Investments over the years
UTI Infrastructure Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹8,490 31 Oct 21 ₹14,697 31 Oct 22 ₹15,878 31 Oct 23 ₹18,450 31 Oct 24 ₹26,788 ICICI Prudential Infrastructure Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹8,153 31 Oct 21 ₹16,225 31 Oct 22 ₹19,329 31 Oct 23 ₹24,564 31 Oct 24 ₹38,379
Detailed Portfolio Comparison
UTI Infrastructure Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 3.91% Equity 96% Debt 0.1% Equity Sector Allocation
Sector Value Industrials 40.13% Communication Services 12.53% Utility 12.26% Energy 10.78% Basic Materials 6.5% Financial Services 6.45% Consumer Cyclical 3.75% Real Estate 3.5% Technology 0.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL12% ₹271 Cr 1,677,632
↓ -40,670 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 05 | LT10% ₹229 Cr 632,396
↓ -35,000 NTPC Ltd (Utilities)
Equity, Since 31 Dec 18 | 5325557% ₹171 Cr 4,178,944 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 22 | RELIANCE5% ₹111 Cr 831,450 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 12 | 5325385% ₹107 Cr 96,500 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Sep 23 | 5003123% ₹77 Cr 2,886,087 InterGlobe Aviation Ltd (Industrials)
Equity, Since 30 Nov 22 | INDIGO3% ₹73 Cr 179,999
↑ 13,914 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 May 13 | ADANIPORTS3% ₹68 Cr 491,713 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 11 | 5322153% ₹67 Cr 581,655 J Kumar Infraprojects Ltd (Industrials)
Equity, Since 31 Oct 15 | JKIL2% ₹54 Cr 675,092 ICICI Prudential Infrastructure Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 7.51% Equity 91.77% Debt 0.72% Equity Sector Allocation
Sector Value Industrials 31.81% Basic Materials 19.74% Financial Services 19.22% Utility 11.96% Energy 5.54% Consumer Cyclical 1.41% Real Estate 1.27% Communication Services 0.82% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | LT7% ₹441 Cr 1,199,683
↑ 83,564 NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 5325555% ₹293 Cr 6,615,698
↓ -2,550,000 JM Financial Ltd (Financial Services)
Equity, Since 31 Oct 21 | JMFINANCIL4% ₹262 Cr 17,363,241
↑ 1,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK4% ₹253 Cr 1,990,000
↓ -210,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK4% ₹241 Cr 1,390,000
↓ -220,000 Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 06 | KPIL4% ₹233 Cr 1,702,912
↓ -55,364 NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | NCC3% ₹184 Cr 6,100,157 Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Jun 24 | 5329783% ₹179 Cr 905,683
↓ -8,000 Shree Cement Ltd (Basic Materials)
Equity, Since 30 Apr 24 | 5003873% ₹178 Cr 67,622 Nuvoco Vista Corp Ltd (Basic Materials)
Equity, Since 28 Feb 23 | 5433343% ₹176 Cr 4,887,713
Therefore, in a nutshell, it can be said that both the schemes differ on account of numerous parameters. As a consequence, individuals should be very careful while choosing any of the schemes for investment. They should understand the modalities of the scheme completely and check whether the scheme matches their investment parameters or not. This will help individuals to attain their objectives on time and in a hassle-free manner.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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