Top 4 PSU Mutual Funds in 3 Years: Rs 5,000 SIP in top fund has given Rs 4.84 lakh in total
The equity thematic PSU fund category has given returns of 94.66 per cent in the one year, 45.87 per cent in the three years, and 45.87 per cent in the five years (As per Value Research data). The credit for such high returns goes to the meteoric rise in PSU stocks.
Top 4 PSU Mutual Funds in 3 Years: The equity thematic PSU fund is the top achiever category among all mutual funds in the one, three, and five years. The category has given returns of 94.66 per cent in the one year, 45.87 per cent in the three years, and 45.87 per cent in the five years (As per Value Research data). The credit for such high returns goes to the meteoric rise in PSU stocks. As a result, some PSU mutual funds have given outstanding returns in the 3-year period. Here's a list of the 5 top thematic PSU mutual funds in the 3 years (As per Value Research) and what Rs 5,000 SIP each fund has given in today's time.
CPSE ETF
The top PSU fund in the category has given 65.60 per cent returns in the three-year period.
The fund from Nippon India is a 10-year-old fund with assets under management (AUM) of Rs 36231.32 crore.
The net asset value (NAV) under its direct plan is Rs 88.4613.
The fund's 99.94 per cent investments are in domestic equities of which 74.34 per cent are in large-cap stocks.
It has just 11 stocks in its portfolio, against the category average of 44.01.
National Thermal Corporation of India (NTPC), Power Grid Corporation of India, ONGC, and Coal India are the main stocks in its portfolio.
A Rs 5,000 SIP in the mutual fund for the three years (36 months) has given a total of Rs 5,58,943 (Rs 5.60 lakh).
ABSL PSU Equity Direct
The fund at No. 2 has given 57.95 annualised returns in the three years.
Benchmarked against S&P BSE PSU TRI, the fund's AUM is Rs 3,403.63 crore while its NAV is Rs 37.39.
The fund has its 94.39 per cent investments in domestic equities, with 57.47 per cent of them in large caps.
The fund's expense ratio is 0.52 per cent.
It has 42 stocks in its portfolio with SBI, ONGC, NTPC, and Coal India being the leading stocks.
A Rs 5,000 SIP in the fund has given a total of Rs 4,84,301 in the three years.
SBI PSU Fund Growth
The PSU mutual fund from SBI has given a 56.98 per cent return in the three-year period.
Benchmarked against S&P BSE PSU TRI, the fund has an AUM of Rs 1,875.84 while its NAV is Rs 34.5914.
The fund's investments in domestic equities are 91.05 per cent with 39.26 per cent of them in large caps.
The 11-year-old fund has 23 stocks in its portfolio with SBI, Power Grid, NTPC, and ONGC being the leading ones.
A Rs 5,000 SIP in the fund has given Rs 4,75,666 in the three years.
Invesco India PSU Equity Direct
The fund at No. 4 has given a 52.87 per cent return in the three years.
Benchmarked against S&P BSE PSU TRI, the fund's AUM at the present time is Rs 858.92 crore, while its NAV is Rs 70.58.
The fund's 95.28 per cent investments are in domestic equities with the major portion at 20.21 per cent in small caps.
The fund has 22 stocks in its portfolio with Bharat Electronics, NTPC, SBI and Hindustan Aeronautics Limited as its main stocks. A Rs 5,000 SIP in the fund has given Rs 3,65,373.
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