Energy Mutual Funds invest primarily in equity securities of companies who run business in energy-related industries. The fund manager also invests in companies that provide equipment and services to refineries, natural gas producers, distributors, converters, and cogeneration facilities. With the changing oil prices, investing in energy funds have attracted many investors to get higher returns. Some other factors such as lower inventory overhang, an extension of OPEC-led production cut, and rising demand are other reasons to invest in this fund.
ABSL Tax Relief 96 Fund is ranked as best tax saver fund generting 24.15% Returns in past 5 years.Save up to Rs.46,350 + FREE Insurance worth 26 Lac INVEST NOW
|Fund Name||Latest NAV (₹)||Return (%)||Double Money In||1 Lac Grew To (₹)|
SBI Magnum COMMA Fund (G)
- risk | Themetic-Energy
|33.45||15.52||5Y 8M||1.54 L||Invest|
SBI Magnum Equity ESG Fund (G)
Moderate Low risk | Themetic-Energy
|98.6||12.34||5Y 4M||1.42 L||Invest|
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