Top 3 PSU SIP Mutual Funds in 3 Years: Know what Rs 5,000 and Rs 10,000 SIPs in each fund has given
The PSU thematic mutual fund category is one of the biggest gainers in one, three, and five years. It has given returns of 85.73 per cent, 38.48 per cent, and 24.65 per cent in the one-, three-, and five-year periods, respectively (as per Value Research data). The main reason behind this breathtaking performance is the rise of PSU stocks in the last three years.
Top 3 PSU SIP Mutual Funds in 3 Years: Equity Thematic PSU Mutual Funds: PSU mutual funds are categorised as thematic mutual funds. Thematic mutual funds are funds that invest their money in the stocks of companies that follow specific themes, such as PSU, real estate, pharma, manufacturing, and innovation. These funds tap the potential of emerging opportunities in a particular theme. The PSU thematic mutual fund category is one of the biggest gainers in one, three, and five years. It has given returns of 85.73 per cent, 38.48 per cent, and 24.65 per cent in the one-, three-, and five-year periods, respectively (as per Value Research data).
The main reason behind this breathtaking performance is the rise of PSU stocks in the last three years.
Due to the government's focus on PSUs, PSU stocks have been performing well, and the impact is reflecting on PSU mutual funds.
Here, we present before you a list of the top 3 PSU mutual funds in the three years in terms of SIP returns (XIRR) and what Rs 5,000 and Rs 10,000 SIP in each fund have given in the three-year period.
Invesco India Equity PSU Direct
The PSU fund at No. 1 has given an annualised return of 36.98 per cent in the three-year period.
The fund, benchmarked against BSE PSU TRI, has assets under management of Rs 1,152 crore, while its net asset value (NAV) is worth Rs 70.3900.
The fund's minimum lump sum investment is Rs 1,000, while its minimum SIP investment is Rs 500.
It has an expense ratio of 0.93 per cent. It has 23 stocks in its portfolio with BEL, HAL, SBI, and NTPC as its main stocks.
A Rs 5,000 SIP in the fund, or Rs 1,80,000 in total, has given a total of Rs 3,54,211 in the three-year period.
A Rs 10,000 SIP, or Rs 3,60,000 in total, has given a total of Rs 7,08,423 in the fund in the three-year period.
Aditya Birla Sun Life PSU Equity Fund - Direct Plan
The fund has given an annualised return of 37.83 per cent in the three-year period.
The fund that is benchmarked against BSE PSU TRI has an NAV of Rs 34.9400, while its AUM is Rs 4,115 crore.
The fund's expense ratio is 0.48 per cent, while its exit load is 1 per cent for redemption within 30 days.
The minimum lump sum investment in the fund is Rs 500, while the minimum SIP investment in the fund is Rs 100.
The fund has a total of 43 stocks with SBI, NTPC, ONGC, and Bank of India as its main stocks.
A Rs 5,000 SIP in the fund, or Rs 1,80,000 in total, has given a total of Rs 3,51,792 in the three-year period.
A Rs 10,000 SIP, or Rs 3,60,000 in total, has given a total of Rs 7,03,584 in the fund in the three-year period.
SBI PSU Fund - Direct Plan
The fund from SBI Mutual Fund has given an annualised return of 36.12 per cent in the three-year period.
Benchmarked against BSE PSU TRI, the fund has an AUM of Rs 2,352 crore, while its NAV is worth Rs 32.8379.
It has an expense ratio of 0.89 per cent while its exit load is 0.5 per cent for redemption within 30 days.
The minimum lump sum investment in the fund is Rs 5,000, while the minimum SIP investment is Rs 500.
The fund has 24 stocks in its portfolio with SBI, Power Grid, NTPC, and Hindustan Copper as its main stocks.
A Rs 5,000 SIP in the fund, or Rs 1,80,000 in total, has given a total of Rs 3,53,197 in the three-year period.
A Rs 10,000 SIP, or Rs 3,60,000 in total, has given a total of Rs 7,06,394 in the fund in the three-year period.
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