Top 3 PSU Mutual Funds With Highest SIP Returns in 3 Years: No. 1 fund has turned Rs 25,000 monthly investment into Rs 16.86 lakh; know what others have done
Top 3 PSU Mutual Funds With Best SIP Returns in 3 Years: PSU thematic mutual funds need to have at least 80 per cent of their investments in PSU stocks, as per Securities Exchange Board of India's (Sebi) classification of mutual funds. The category has been the top performer mutual fund category in 1 year with 65.48 per cent annualised return (CAGR). In 3 years, it has given 34.80 per cent annualised returns.
Top 3 PSU Mutual Funds With Highest SIP Returns in 3 Years: PSU stocks have been one of the fastest growing stocks in the last 3 years, and PSU mutual funds have been one of its biggest beneficiaries. As per Value Research data, the PSU mutual fund category has given 65.48 per cent annualised returns (CAGR) in 1 year, 34.80 per cent in 3 years, 27.36 per cent in 5 years, and 14.45 per cent in 10 years. As per Securities Exchange Board of India's (Sebi) classification of mutual funds, PSU mutual funds need to have at least 80 per cent of their investments in PSU stocks, and that puts them in a prime spot. As long as PSU sector stocks are growing, the category is likely to perform better than many of its peers. In this write-up, we will take you through the top 3 PSU mutual funds in terms of the highest annualised SIP returns (XIRR) in 3 years, and also know what Rs 25,000 monthly SIP in each of them has turned into in that period.
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SBI PSU Direct Plan-Growth
The fund has given 45.35 per cent annualised SIP returns in the 3-year period.
It has asset under management (AUM) of Rs 4,703 crore, while its net asset value (NAV) is Rs 34.41.
SBI PSU Direct Plan-Growth
Benchmarked against BSE PSU TRI, the fund given 12.62 per cent annualised returns since its debut in January 2013.
With an expense ratio of 0.72 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
SBI PSU Direct Plan-Growth
The fund has 74.52 per cent of it investments in large cap stocks and 18.77 per cent in mid cap stocks.
The main holdings in its portfolio are SBI, Power Grid, GAIL, and BPCL.
SBI PSU Direct Plan-Growth
A Rs 25,000 monthly SIP in the fund, or a total investment of Rs 9 lakh, has jumped to Rs 16.86 lakh in the 3-year time frame.
Invesco India PSU Equity Fund Direct-Growth
The fund has given 45.23 per cent annualised SIP returns in 3 years.
It has AUM of Rs 1,436 crore, while its NAV is Rs 73.35.
Invesco India PSU Equity Fund Direct-Growth
Benchmarked against BSE PSU TRI, the fund given 17.98 per cent annualised returns since its launch in January 2013.
At an expense ratio of 0.76 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
Invesco India PSU Equity Fund Direct-Growth
The fund has 67.56 per cent of its investments in large cap stocks and 25.14 per cent in mid cap stocks.
The main holdings under its portfolio are NTPC, BEL, BPCL, and SBI.
Invesco India PSU Equity Fund Direct-Growth
A Rs 25,000 monthly SIP in the fund has swelled to Rs 16.84 lakh in the 3-year period.
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
The fund has given 42.92 per cent annualised SIP returns in the 3-year time frame.
It has AUM of Rs 5,896 crore, while its NAV is Rs 35.83.
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
Benchmarked against BSE PSU TRI, the fund given 30.2 per cent annualised returns since its beginning in December 2019.
With an expense ratio of 0.49 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
The fund has 70.94 per cent of its investments in large cap stocks and 18.23 per cent in mid cap stocks.
The main holdings in its portfolio are NTPC, SBI, Power Grid, and ONGC.
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
A Rs 25,000 monthly SIP in the fund has jumped to Rs 16.35 lakh in 3 years.