Auto Funds Diverge Sharply as SBI Leads One-Year Returns

Auto and transportation mutual funds invest in companies linked to cars, transport, and logistics.

Different funds in this group performed very differently over the past year.

SBI Automotive Opportunities Fund had the highest return at 26.25%.

Aditya Birla Sun Life Transportation and Logistics Fund was next at 16.58%.

The category average was 6.66%.

The BSE Auto TRI, a benchmark for auto stocks, rose only 1.81%.

UTI Transportation and Logistics Fund was the weakest listed fund at 1.98%.

This large difference shows that a fund’s investments can strongly affect its results, especially in a concentrated sector.