Top PSU mutual funds with up to 100% SIP returns in 1 year: Know maturity value of Rs 25,000 monthly SIP
Invesco India PSU Equity Fund Direct-Growth has given 99.66 per cent annualised SIP returns in one year. The fund has assets under management (AUM) of Rs 1,363 crore, while its net asset value (NAV) is worth Rs 80.36.
Top PSU MFs With up to 100% return in 1 Year: PSU mutual funds have been making fast strides for the last three years. In the last one year, the PSU mutual fund category has given the best returns at 93.13 per cent among all mutual fund categories, as per Value Research data. It is also the highest growing mutual fund category in three years and five years, with returns of 44.42 per cent and 29.90 per cent, respectively. The primary reason behind the rise of PSU mutual funds is the rise of PSU stocks, which have been soaring on the back of multiple orders and the government's focus. Some PSU mutual funds have risen as high as 100 per cent in just one year. We discuss four of these funds here-
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Invesco India PSU Equity Fund Direct-Growth
It has given 99.66 per cent annualised SIP returns in one year. The fund has assets under management (AUM) of Rs 1,363 crore, while its net asset value (NAV) is worth Rs 80.36. The fund has given a 19.35 per cent CAGR since its launch in January 2013.
Invesco India PSU Equity Fund Direct-Growth
The fund has a 96.99 per cent investment in equities, of which 69.46 per cent is in large-cap stocks. It has Power Grid, HAL, BEL, and NTPC as the main stocks in its portfolio.
A Rs 25,000 monthly SIP in the fund has given a total of Rs 4.43 lakh in one year.
SBI PSU Direct Plan-Growth
The fund has given a 90.47 annualised SIP return in the one year. It has AUM of Rs 3,695 crore, while its NAV price is Rs 36.95. Its CAGR since its launch in January 2013 is 13.61 per cent.
SBI PSU Direct Plan-Growth
The fund's 91.53 per cent investments are in equity, of which 64.69 per cent are in large-cap stocks. In its portfolio of 26 stocks, the fund has SBI, GAIL (India), Power Grid, and NTPC as its main stocks. A Rs 25,000 monthly SIP in the fund has given Rs 4.31 lakh as of today's date.
ICICI Prudential PSU Equity Fund Direct - Growth
The fund has given an 87.02 per cent annualised SIP return in one year. The fund's asset base is worth Rs 2,643 crore, while its NAV rate is Rs 22.54. The fund has given a 54.62 per cent CAGR since its launch in August 2022.
ICICI Prudential PSU Equity Fund Direct - Growth
The fund has 87.12 per cent of its investments in equity, of which 67.45 per cent is in large-cap stocks. In its 28-stock portfolio, the fund has its main investments in SBI, NTPC, and PowerGrid.
A Rs 25,000 monthly SIP in the fund has given Rs 4.27 lakh in total in one year.
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
The fund has given 82.99 per cent SIP returns in the one-year time frame. It has an asset base of Rs 5,122 crore, while its NAV price is Rs 39.09. The fund has given a 34.68 per cent return since its inception in December 2019.
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
The fund has 92.87 per cent of its investments in equity with 67.38 per cent of them in large-cap stocks. In its portfolio of 39 stocks, the fund has SBI, NTPC, PowerGrid, and ONGC as its main holdings.
A Rs 25,000 monthly SIP in the fund has given Rs 4.21 lakh in total in one year.