Top 4 thematic PSU mutual funds with up to 52.51% returns in 3 years; top fund has given Rs 2.55 lakh return on Rs 1 lakh investment
The PSU thematic category that invests its funds in PSU stocks has gained 42.42 per cent in the last 3 years to emerge the biggest gainer. The same category has also been the biggest gainer in the last one year with 91.95 per cent returns. Funds such as CPSE ETF, ABSL, SBI and Invesco have been performing well for last some years.
Thematic PSU equity mutual funds are the biggest gainer mutual fund category in the last three years (As per Value Research data as on April 1, 2024). The category that invests its funds in PSU stocks has gained 42.42 per cent in the last 3 years. The same category is also the biggest gainer in the last one year with 91.95 per cent returns. Know which of the four thematic PSU funds have gained the maximum in the last three years and what one would have got with Rs 1 lakh investment in each of the funds three years ago.
CPSE ETF
The fund from Nippon India Mutual Fund has given 52.51 per cent annualised returns in the last three years against the category average of 16.50 per cent.
The asset under management (AUM) for the fund is Rs 36,337.22 crore, which is 4.29 per cent of the category.
The net asset value (NAV) size is Rs 81.505.
Its expense ratio is 0.05 per cent against the category average of 0.46 per cent.
The fund has 99.36 per cent of its investments in domestic equities of which 73.71 per cent are in large caps.
An investment of Rs 1 lakh three years ago in the fund has grown to Rs 355,139.34 in today's date.
Aditya Birla Sun Life PSU Equity Fund
The fund has grown 43.68 per cent in the last three years.
It has AUM of Rs 3329.97 crore and NAV of Rs 32.25.
The fund's expense ratio is 1.9 per cent against the category average of 2.13 per cent.
It has its 90.96 per cent investments in domestic equities with 52.98 per cent in large caps.
A Rs 1 lakh investment in the fund three years ago has grown to Rs 283,391.92.
SBI PSU Fund
The fund from SBI Mutual Fund has grown 40.58 per cent in the last three years.
It has AUM of Rs 1,762.63 crore and its NAV rate is Rs 28.9463.
The fund's expense ratio is 2.11 per cent against the category average of 2.13 per cent.
The fund has 93.3 per cent of its investments in domestic equity funds with 44.57 per cent in large caps.
A Rs 1 lakh investment in the fund three years ago has given Rs 267,067 in the last three years.
Invesco India PSU Equity
This fund at No. 4 place has given returns of 38.53 per cent in the last three years.
The fund's AUM is Rs 842.37 crore while its NAV is Rs 55.92.
The fund has its 98.28 per cent investments in domestic equities with the biggest chunk in large caps at 60.06 per cent.
The fund's expense ratio is 2.3 per cent against the category average of Rs 2.13 per cent.
An investment of Rs 1 lakh in the fund has grown to Rs 255,437.
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