Jan 16, 2024, 03:44 PM IST

4 PSU Mutual Funds With Over 60% Returns in a Year

ZeeBiz Webdesk

PSU mutual funds fall under the category of thematic mutual funds.

PSU mutual funds are the best performers among all mutual fund categories in the last one year.

They have given 64.95% returns in the last one year (As per Value Reserach data).

Here is a list of the 4 PSU mutual funds with more than 60% returns in the last one year (As on Jan 15, 2024).

CPSE ETF

This fund tops the list with 84.35% returns in the year.

The Asset Under Management (AUM) for the fund is Rs 30526.23 crore. The Net Asset Value (NAV) for its direct plan is Rs 69.97.

ABSL PSU Equity Fund - Direct

It has given 67.24% returns in the last one year.

It has an AUM of Rs 1936.97 crore. The NAV for the fund is Rs 30.81.

Invesco Ind PSU Equity Fund - Direct

Its direct scheme has given returns of 61.71%.

The AUM for the fund stands at Rs 697.29 crore. The NAV for the PSU fund is Rs 57.51.

ICICI Prudential PSU Equity Fund - Direct

The fund from ICICI has given 61.48% returns in the one year.

The AUM for the fund is Rs 1873.86 crore. The NAV for its direct plan is worth Rs 17.

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