Top 4 PSU Mutual Funds With up to 56% Return in 1 Year: Rs 3 lakh investment in No. 1 scheme has jumped to Rs 4.62 lakh in 1 year; know how others have fared
PSU Mutual Funds With up to 56% Return in 1 Year: PSU mutual funds are thematic funds that have at least 80 per cent of their investments in PSU stocks. The category has been the top-performing mutual fund category in 1 year, but they have also been consistent performers in the long run.
PSU Mutual Funds With up to 56% Return in 1 Year: The rise of PSU stocks in last few years has triggered the growth of PSU mutual funds. These funds are thematic and are heavily dependent on PSU stocks' performance. As per Securities Exchange Board of India (Sebi), thematic funds need to have at least 80 per cent of their investments in the theme they follow. This condition gives 2 advantages to PSU funds. They have invested in companies that have been rising fast, and their investments are mainly in large cap stocks that also provide stability. The PSU mutual fund category has been the top performer with 52.23 per cent annualised return in the 1-year period. The category has given 38.04 per cent annualised return in 3 years, 27.74 per cent in 5 years, and 14.00 per cent in 10 years. We take you through the 4 PSU mutual funds that have given up to 56 per cent annualised return (CAGR) in the 1-year period. Also know how a Rs 3 lakh lump sum investment has grown in each fund in the same time frame.
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Invesco India PSU Equity Fund Direct-Growth
The fund has given 53.98 per cent annualised return in the 1-year period.
It has assets under management (AUM) of Rs 1,331 crore, while its net asset value (NAV) is Rs 73.97.
Benchmarked against BSE PSU TRI, the fund has given 17.9 per cent annualised return since its inception in January 2013.
Invesco India PSU Equity Fund Direct-Growth
At an expense ratio of 0.79 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
It has 99.24 per cent of its investments in equity, of which 63.54 per cent are in large cap, 27.34 per cent in mid cap, and 8.36 per cent in small cap stocks.
The fund has 24 stocks in its portfolio with BEL, NTPC, SBI, and BPCL as its main holdings.
Invesco India PSU Equity Fund Direct-Growth
The main sectors the fund has invested in are energy, capital goods, financial, and services.
A Rs 25,000 monthly SIP investment in the 1-year time frame, or a total investment of Rs 3 lakh, has turned into Rs 4.62 lakh.
SBI PSU Direct Plan-Growth
The fund has given 53.59 per cent annualised SIP return in the 1-year time frame.
It has AUM of Rs 4,471 crore, while its NAV is Rs 34.96.
Benchmarked against BSE PSU TRI, the fund has given 12.66 per cent annualised return since its launch in January 2013.
SBI PSU Direct Plan-Growth
With an expense ratio of 0.76 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
It has 96.62 per cent of its investments in equity, of which 72.65 per cent are in large cap, 20.24 per cent in mid cap, and 3.13 per cent in small cap stocks.
The fund has a 25-stock portfolio with SBI, Pr Grid, GAIL, and BEL as its main holdings.
SBI PSU Direct Plan-Growth
The main sectors the fund has invested in are energy, financial, capital goods, and insurance.
A Rs 25,000 monthly SIP investment in the fund has converted into Rs 4.61 lakh in 1 year.
ICICI Prudential PSU Equity Fund Direct - Growth
The fund has given 51.44 per cent annualised SIP return in 1 year.
It has a fund size of Rs 2,357 crore, while its unit price is Rs 21.52.
Benchmarked against BSE PSU TRI, the fund has given 41.24 per cent annualised return since its debut in August 2022.
ICICI Prudential PSU Equity Fund Direct - Growth
At 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.
It has 87.84 per cent of its investments in equity, of which 70.62 per cent are in large cap, 13.95 per cent in mid cap, and 3.27 per cent in small cap stocks.
The fund has 33 stocks in its portfolio with SBI, NTPC, ONGC, and Power Grid as the main holdings.
ICICI Prudential PSU Equity Fund Direct - Growth
The main sectors the fund has invested in are energy, financial, materials, and capital goods.
A Rs 25,000 monthly SIP investment in the fund has jumped into Rs 4.54 in the 1-year period.
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
The fund has given 43.03 per cent annualised SIP return in the 1-year period.
It has an asset base of Rs 27,559 crore, while its unit price is Rs 35.93.
Benchmarked against BSE PSU TRI, the fund has given 29.59 per cent annualised return since its beginning in December 2019.
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
With an expense ratio of 0.54 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
It has 97.49 per cent of its investments in equity, of which 70.04 per cent are in large cap, 17.87 per cent in mid cap, and 9.58 per cent in small cap stocks.
The fund has 37 stocks in its portfolio with SBI, NTPC, Power Grid, and ONGC as its main holdings.
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
The main sectors the fund has invested in are energy, financial, capital goods, and metals and mining.
A Rs 25,000 monthly SIP investment in the fund has swelled to Rs 4.29 lakh in the 1-year time frame.