Top 3 PSU and Top 3 MNC Mutual Funds With Best SIP Returns in 3 Years: Rs 17,777 monthly investment in No. 1 fund has converted into Rs 10,29,692; know details
Top 3 PSU and Top 3 MNC Mutual Funds With Highest SIP Returns in 3 Years: Public Sector Undertaking (PSU) and Multi National Company (MNC) are thematic funds that need to have at least 80 per cent of their investments in respective field stocks. Investors who want to take the benefit of the growth in a particular theme, such as PSU, MNC, environment (ESG), consumption, and dividend yield, invest in thematic funds.
Top 3 PSU and Top 3 MNC Mutual Funds With Highest SIP Returns in 3 Years: Thematic funds are the funds that need to have at least 80 per cent of stocks in themes such as PSU, MNC, environment (ESG), consumption, and dividend yield invested in thematic funds. So investors who want to make the most of the rise of PSUs or MNCs invest in these thematic funds. The funds can generate a high return in a short duration if the theme is going through a good run, but they are highly risky if the theme performs poorly or goes through a slump for years. The funds are suitable for investors with a long-term horizon. Know more about PSU and MNC funds, which have been the top 3 PSU and top 3 MNC funds with highest annualised SIP returns (XIRR) in 3 years, and which fund has given the highest return on a Rs 17,777 monthly investment.
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PSU funds
PSU funds invest in PSUs such as Coal India, NTPC, BHEL, HAL, BEL, HPCL, etc. In the last 3 years, most PSU stocks have gone through a good run, which has reflected in the performance of PSU funds. But now the trend has reversed, and some PSU stocks are falling, so funds can also perform poorly.
MNC funds
MNC funds invest most of their money in large multinational companies. These firms have their businesses in India and abroad, are fundamentally strong, have good cash flows, and have good governance. Firms also have foreign equity. The performance of the funds depends on how these MNCs perform at a given period. Since MNCs can go through ups and downs, the funds are suitable for long-term investors.
Top 3 PSU funds with best SIP returns in 3 years
SBI PSU Fund - Direct Plan
The fund has given 33.42 per cent annualised SIP return in 3 years.
It has assets under management (AUM) of Rs 4,572 crore, while its net asset value (NAV) is Rs 31.9320.
Benchmarked against BSE PSU TRI, the fund has given 11.67 per cent annualised return since its launch in January 2013.
SBI PSU Fund - Direct Plan
With an expense ratio of 0.74 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 17,777 monthly SIP investment in the 3-year time frame, or a total investment of Rs 6,39,972, has swelled to Rs 10,29,692.
Invesco India PSU Equity Fund - Direct Plan
The fund has given 29.69 per cent annualised SIP return in the 3-year period.
It has AUM of Rs 1,286 crore, while its NAV is Rs 32.6300.
Benchmarked against BSE PSU TRI, the fund has given 16.67 per cent annualised return since its inception in January 2013.
Invesco India PSU Equity Fund - Direct Plan
At an expense ratio of 0.85 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 17,777 monthly SIP investment in 3 years has converted into Rs 9,80,012.
Aditya Birla Sun Life PSU Equity Fund - Direct Plan
The fund has given 23.34 per cent annualised SIP return in the 3-year time frame.
It has an asset base of Rs 5,237 crore, while its unit price is Rs 45,82,889.
Benchmarked against BSE PSU TRI, the fund has given 26.39 per cent annualised return since its debut in December 2019.
Aditya Birla Sun Life PSU Equity Fund - Direct Plan
With an expense ratio of 0.53 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 500 as the minimum lump sum investment.
A Rs 17,777 monthly SIP investment in the 3-year period has jumped to Rs 45,82,889.
Top 3 MNC mutual funds with best SIP returns in 3 years
ICICI Prudential MNC Fund Direct - Growth
The fund has given 17.17 per cent annualised SIP return in 3 years.
It has a fund size of Rs 1,724 crore, while its NAV is Rs 29.44.
Benchmarked against NIFTY MNC TRI, the fund has given 21.3 per cent annualised return since its starting in May 2019.
ICICI Prudential MNC Fund Direct - Growth
At an expense ratio of 1.04 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 17,777 monthly SIP investment in the 3-year time frame has sprung to Rs 8,41,444.33.
UTI MNC Fund Direct-Growth
The fund has given 14.88 per cent annualised SIP return in the 3-year period.
It has an asset base of Rs 2,937 crore, while its unit price is Rs 417.02.
Benchmarked against NIFTY MNC TRI, the fund has given 15.35 per cent annualised return since its beginning in January 2013.
UTI MNC Fund Direct-Growth
With an expense ratio of 1.19 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 17,777 monthly SIP investment in 3 years has swelled to Rs 8,10,454.58.
Aditya Birla Sun Life MNC Fund Direct-Growth
The fund has given 14.19 per cent annualised SIP return in the 3-year time frame.
Its AUM is Rs 3,796 crore, while its unit price is Rs 1,421.12.
Benchmarked against NIFTY MNC TRI, the fund has given 14.91 per cent annualised return since its launch in January 2013.
Aditya Birla Sun Life MNC Fund Direct-Growth
At an expense ratio of 1.34 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 17,777 monthly SIP investment in the 3-year period has converted into Rs 8,01,391.23.