PSU Thematic Funds : In the last few months, strong growth has been seen in the stocks of PSU companies. The government’s focus is increasing on public sector companies. Due to which the growth in public sector companies has improved. Due to this, the BSE PSU index has strengthened by about 70 percent in 1 year and 163 percent in 3 years. If you also want to include the stocks of strong government companies in your portfolio, then thematic PSU mutual funds are a better option. These can give you high returns in the coming days.
Thematic PSU mutual funds are a category of equity funds that focus their portfolio on the stocks of public sector companies (PSUs). By investing in thematic PSU mutual funds, you get exposure to a diversified portfolio through the stocks of the best performing PSU companies in different sectors. Know about PSU mutual funds that give high returns in 1 year.
Pension Calculator: Pension will increase 3 times, give top up booster to investment in NPS, you will get benefit like SIP
CPSE ETF
1 Year Return : 94.43%
Fund Launch Date : March 28, 2014
Return since launch: 18.28% p.a.
Total AUM: Rs 46,099 crore (31 August, 2024)
Expense Ratio: 0.07% (31 August, 2024)
ICICI Pru PSU Equity
1 Year Return : 73.47%
Fund launch date: September 9, 2022
Return since launch: 49.23% p.a.
Total AUM: Rs 2628 crore (31 August, 2024)
Expense Ratio: 0.63% (31 August, 2024)
SIP Return: Top 6 schemes of Axis Mutual Fund, 30 to 40% annual return in 3 years, 6 lakhs earned from 36 SIPs of 10 thousand
Invesco India PSU Equity
1 Year Return: 70.87%
Fund Launch Date : January 1, 2013
Return since launch: 18.67% p.a.
Total AUM: Rs 1593 crore (31 August, 2024)
Expense Ratio: 0.76% (31 August, 2024)
SBI PSU
1 Year Return: 67.45%
Fund Launch Date : January 1, 2013
Return since launch: 13.27% p.a.
Total AUM: Rs 4851 crore (31 August, 2024)
Expense Ratio: 0.72% (31 August, 2024)
Mutual Fund Star: Tata Group’s scheme made Rs 3000 SIP into Rs 3 crore, one time investment increased 37 times
ABSL PSU Equity
1 Year Return: 66.47%
Fund Launch Date: December 30, 2019
Return since launch: 33.11% p.a.
Total AUM: Rs 5946 crore (31 August, 2024)
Expense Ratio: 0.49% (31 August, 2024)
(Source- Value Research)
Who should invest
Investors who wish to gain exposure to a robust portfolio with exposure to top government companies across sectors can consider investing in thematic PSU mutual funds. These funds offer you the benefit of diversification as they invest in strong government companies across sectors. Since PSUs issue the underlying securities of these funds, there is a concentration risk. Hence, investing in these PSU funds is a better option only for those who have the ability to take market risk.
SIP Losers: SIP is not a guarantee of profit, these 5 mutual funds are continuously making losses, somewhere money is lost and somewhere returns are less than FD
what are the tax rules
Short term capital gains tax of 20 per cent is levied on redeeming the units within a holding period of one year. On the other hand, if you sell your fund units after a holding period of one year, you have to pay 12.5 per cent long term capital gains tax. However, it is levied on income exceeding Rs 1.25 lakh. At the same time, the dividend given by any mutual fund scheme is added to your total income and tax is levied according to the income tax slab you fall in.
