Top 4 PSU SIP Mutual Funds: No. 1 fund has increased investment value by 50% in just 1 year

Top PSU SIP Mutual Funds: The PSU mutual fund category has been the table topper in the one, three, and five years. The category has given a 97.89 per cent return in the one year, 42.22 per cent in the three years, and 26.96 per cent in the five years, as per Value Research data as of June 26, 2024. PSU mutual funds fall into the category of thematic MFs which invest in a particular theme such as cement, power, or steel, among other sectors. The rise of PSU mutual funds is because PSU stocks have been doing well for many years. Some of the funds annual returns of more than 80 per cent (CAG) in the one-year period. In this write-up, go through the key performance of the top 3 funds and what Rs 5,000 and Rs 10,000 monthly SIP in each fund has turned into one year.   

Invesco India PSU Equity Fund Direct-Growth

The fund tops the category with a 105.73 per cent CAGR in the one-year period.

The fund has assets under management (AUM) of Rs 1,138 crore, while it has a net asset value (NAV) of Rs 78.09.

Benchmarked against BSE PSU TRI, the fund has an expense ratio of 0.93 per cent.

The minimum SIP investment in the fund is Rs 500, while the minimum lump sum investment is Rs 1,000.

The fund has 95.99 per cent of its investments in equities with 66.17 per cent of them in large caps.

Hindustan Aeronautics Ltd, Bharat Electronics, NTPC, and State Bank of India (SBI) are the main stocks in its portfolio of 20 stocks.    

A Rs 5,000 monthly SIP in the fund in the one year, or a total of Rs 60,000 investment, has given a total of Rs 90,440 in the one-year period.

On the other hand, one who started a Rs 10,000 monthly SIP in the fund a year ago has a total of Rs 1.81 lakh. 
 

SBI PSU Direct Plan-Growth

The PSU fund from SBI Mutual Fund has given a 90.99 per cent return in the one year.

It has an AUM of Rs 3,071 crore, while the fund's NAV is Rs 35.35.

The fund has an expense ratio of 0.82 per cent, while its minimum SIP and lump sum investments are Rs 500 and Rs 5,000, respectively.

Launched in January 2013, the fund is benchmarked against BSE PSU TRI.

The fund has 89.91 per cent of its investments in equities with 44.15 per cent of them in large caps.

In a portfolio of 28 stocks, State Bank of India, Power Grid Corporation of India, NTCP Ltd, and Coal India are its main stocks.

A Rs 5,000 monthly SIP in the fund in the one year has given a total of Rs 86,524.

A Rs 10,000 monthly SIP in the fund has given Rs 1.73 lakh in total in the one-year period. 

Aditya Birla Sun Life PSU Equity Fund Direct-Growth

The fund from ABSL has given an 86.82 per cent return in the one year.

It has an AUM of Rs 4,711 crore, while its NAV is worth Rs 37.78.

Benchmarked against BSE PSU TRI, the fund has an expense ratio of 0.45 per cent.

The four-year-six-month old mutual fund has Rs 500 each as the minimum SIP and lump sum investment.

The fund has 93 per cent of its investments in equities with 61.54 per cent of them in large caps.

In a 43-stock portfolio, the fund's main stocks are State Bank of India, NTPC, ONGC, and Power Grid. 

A Rs 5,000 monthly SIP in the fund has given Rs 85,401 in total in the one-year period. 

A Rs 10,000 monthly SIP in the fund has given a total of Rs 1.71 lakh.

ICICI Prudential PSU Equity Fund Direct - Growth

The newest fund among all fours mentioned in the write-up has given 84.80 per cent returns in the one year.

The fund has a Rs 2,589 crore AUM, while its NAV rate is Rs 21.44.

The fund has an expense ratio of 0.63 per cent, while the minimum SIP and lump investments in the fund are Rs 100 and Rs 5,000, respectively.

Launched in August 2022, the fund is benchmarked against BSE PSU TRI.

Its 87.44 per cent investments are in equities with 65.16 per cent of them in large caps.

In a portfolio of 28 stocks, the fund SBI, NTPC, Power Grid, ONGC, and Coal India as main stocks.

The one who started their journey with a monthly SIP of Rs 5,000 has a total of Rs 84,854 in the one year.

A Rs 10,000 monthly SIP in the fund has given a total of Rs 1.70 lakh in the one-year period.