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    This equity MF category offers 104% return in one year, tops performance chart – ​Outperformers!

    Finance
    4


    ​Outperformers!
    ​PSU theme-based mutual funds (MFs) offered an average return of around 104.24% in the last year, according to ACE MF data. Around five PSU funds completed one year of existence in the market.

    ANI

    Chart-topper
    ​CPSE ETF gave the highest return of around 118.90% last year. The scheme is benchmarked against Nifty CPSE – TRI which gave 119.69% returns.

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    ​SBI PSU Fund​
    The scheme delivered a 107.72% return in the last year. The scheme is benchmarked against S&P BSE PSU – TRI which gave 113.46% in the same period.

    Agencies

    Invesco India PSU Equity Fund​

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    Invesco India PSU Equity Fund​

    ​The oldest PSU scheme gave 106.46% in the last year. Launched in November 2009, the scheme manages assets of Rs 956.82 crore as of April 2024.

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    ​Aditya Birla Sun Life PSU Equity Fund

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    ​Aditya Birla Sun Life PSU Equity Fund

    ​The second largest scheme in the PSU category based on assets managed gave a 99.72% return in the last year. The scheme had an AUM of Rs 4,115.14 crore as of April 2024.

    iStock

    ICICI Prudential PSU Equity Fund

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    ICICI Prudential PSU Equity Fund

    The scheme gave 88.42% return in the last one year. The scheme is benchmarked against S&P BSE PSU – TRI which gave a 113.46% return in the same period.

    iStock

    What are PSU theme-based funds?

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    What are PSU theme-based funds?

    ​PSU funds are thematic funds that invest in stocks of public sector undertakings or PSUs. These companies are government-owned. So they are influenced by government policies in sectors they are operating.

    iStock

    Want to invest?
    You should invest in these schemes only if you have a long investment horizon or have intimate knowledge about the sector to time the entry and exit in these schemes. Remember, every sector or theme can go out of fashion depending on the economic conditions. You should not make hasty decisions in those phases.

    iStock

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    Montather Rassoul
    Montather Rassoulhttps://thefifthskill.com/

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