Infra funds make aggressive come-back

    Infrastructure Funds
    After having made losses in 2015, infrastructure funds made a come-back and they returned between 2 per cent and 18% over the last one-year period, ending October 2016. A good show by cement and power stocks boosted the returns of top-performing funds. An expected jump in cement demand on the back of higher spending on infrastructure has buoyed cement stocks. Similarly, in the power sector, safe bets such as NTPC and Power Grid Corporation of India, which earn assured regulated returns, worked well. L&T Infrastructure Fund, the top performer, returned close to 18% over the past year. A sharp rise in the price of Shree Cement and Grasim Industries, which account for nearly 11% of the fund's corpus, bumped up returns. A rally in Hindalco Industries too contributed to the fund's performance as did fresh exposure to Engineers India and AIA Engineering. For Franklin Build India Fund, the second-best performer (15% returns), banking stocks, such as State Bank of India, HDFC Bank, and Axis Bank did the trick.
    CURRENTLY ONLINE
    We have 377 guests and no members online

    NBM&CW

    New Building Material & Construction World

    New Building Material & Construction World
    MGS Architecture

    Modern Green Structures & Architecture

    Modern Green Structures & Architecture
    L&ST

    Lifting & Specialized Transport

    Lifting & Specialized Transport
    II&TW

    Indian Infrastructure & Tenders Week

    Indian Infrastructure & Tenders Week