Infrastructural Funds

UTI Infrastructure Fund with benchmark of BSE 100
Tata Infrastruture Fund with Benchmark of BSE Senesx
ICICI Pru Infrastruture Fund with Benchmark of Nifty
Can Infrastructure Fund with Benchmark of BSE 100
Birla Infrastructure Fund
Principal PNB Infrastructure fund
Sahara Infrastructure Fixed Pricing Fund
Sahara Infrastructure Variable Pricing Fund and
SBI Infrastructure Fund all with Benchmark of Nifty completes the scene. All of them take 2.25% entry load; Achieved 1 year returns close to 33% pa; have expense ration range 1% to 2.18%; the pathbreaker was UTI in April 2004 followed by Tata in Nov 2004. Next came ICICI and CAN in 2005 Principal PNB and Sahara in 2006 and SBI in May 2007

The sector is poised to grow as 11th plan contemplates 15% pa growth rate for this industry with 32,000 crore USD investments alone in this sector.



Infrastructural Funds is where profit come in longer hauls...

Pharma Sector Funds

Franklin Pharma,
UTI Pharma & Health care;
Magnum Pharma,
Reliance Pharma and
JM Health Care

are the funds avaialble. First three came in 1999 and the last two in 2004; No fresh entries from 2005 reflects the saturation in the Industry.

Although there are only a handful of funds in this class, pharma is a long term bet.

Banking Sector Funds

There is one ETF and Two Mutual Fund Schemes in this class. 2009 being the target RBI has kept for creating level playing field in the banking industry, more action is awaited in this class of mutual fund products.

Reliance Banking Sector Fund entered in 2003 and 2004 saw entry of UTI Banking sector Fund and the ETF called BankBeEs

First two take 2.25% entry load; Expense ratio is 2.5% for UTI and 2.21% for Relinace; Both put together size is less than 200 croes but bankBees assumes above 3300 crores(30April 2007)!!