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Let Your Money Work For You
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Saturday, June 21, 2008

Infrastructural Funds

UTI Infrastructure Fund with benchmark of BSE 100Tata Infrastruture Fund with Benchmark of BSE SenesxICICI Pru Infrastruture Fund with Benchmark of NiftyCan Infrastructure Fund with Benchmark of BSE 100Birla Infrastructure FundPrincipal PNB Infrastructure fundSahara Infrastructure Fixed Pricing FundSahara Infrastructure Variable Pricing Fund andSBI 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 2007The 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...

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