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The top 4 PSU mutual funds deliver impressive returns over a period of three years

The top 4 PSU mutual funds deliver impressive returns over 3 years: Often new investors and relatively inexperienced investors look for the best quality mutual funds to invest in. They ask their friends or colleagues or check some mutual fund forums to find the best funds.

However, most of them are not satisfied with the answers they get from the Internet or from friends for various reasons.

Among all the mutual funds, the theme equity PSU funds have done well in the one, three and five year periods.

Based on data from Value Research, the category has returned 94.66 percent in one year, 45.87 percent in three years and 45.87 percent in five years.

Due to the rapid rise in PSU stocks, some PSU mutual funds have delivered excellent returns in the last three years.

The top 4 PSU mutual funds deliver impressive returns over a period of three years

Here is a list of the top four thematic PSU mutual funds in the last three years, based on value research and what they have given in terms of SIP in current times.

CPSE ETF

Over the last three years, the best PSU fund in this category has delivered a return of 65.60 percent.

The assets under management (AUM) of Nippon India’s fund is Rs 36231.32 crore.

As per the direct plan, the net asset value (NAV) is Rs 88.4613.

Ninety-nine percent of the fund’s investments are in domestic equities, of which 74.34 percent are in large-cap stocks.

Compared to the category average of 44.01, the company owns only 11 shares.

The portfolio includes National Thermal Corporation of India (NTPC), Power Grid Corporation of India, ONGC and Coal India.

An investment of Rs 5,000 per month for three years (36 months) has returned Rs 5,58,943 (Rs 5.60 lakh).

As of April 2024, the net asset value (NAV) of CPSE ETF is 88.02 and the expense ratio is 0.05%.

ABSL PSU Equity Direct

Over the past three years, the No. 2 fund has generated 57.95 annualized returns.

Compared to S&P BSE PSU TRI, the fund has an AUM of Rs 3,403.63 crore and a NAV of Rs 37.39.

A total of 94.39 percent of the fund’s investments consist of domestic equities, and 57.47 percent of large-cap stocks.

There is an expense ratio of 0.52 percent for the fund.

In his portfolio, SBI, ONGC, NTPC and Coal India are the top stocks.

In three years, an SIP of Rs 5,000 has generated Rs 4,84,301.

SBI PSU Fund Growth

SBI’s PSU mutual fund has delivered a return of 56.98% over three years.

Compared to S&P BSE PSU TRI, the fund has an AUM of Rs 1,875.84 and a NAV of Rs 34.5914.

91.05 percent of the fund’s investments are in domestic equities, and 39.26 percent in large caps.

There are 23 stocks in the fund’s portfolio, with SBI, Power Grid, NTPC and ONGC leading the way.

The fund has deposited Rs 4,75,666 towards a Rs 5,000 SIP over three years.

Invesco India PSU Equity Direct

Over the past three years, number 4 has achieved a return of 52.87 percent.

As measured by S&P BSE PSU TRI, the fund’s assets under management currently stand at Rs 858.92 crore, while the net asset value stands at Rs 70.58.

95.28 percent of the fund’s investments consist of domestic equities, of which 20.21 percent are small caps.

Of the 22 stocks in the fund, Bharat Electronics, NTPC, SBI and Hindustan Aeronautics Limited are the top stocks. An SIP of Rs 5,000 in the fund has generated Rs 3,65,373.

Also Read: ELSS Mutual Funds Deliver Impressive Returns: Rs 10,000 SIP Generates Rs 6.20 Lakh in 3 Years