SBI PSU Fund Direct Growth

Equity
Direct
Equity - Other
SBI PSU Fund Direct Growth

About the Fund

SBI PSU Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Richard D'souza. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI PSU Fund Direct Growth has ₹3695 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

SBI PSU Fund Direct Growth has given a CAGR return of 13.84% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 98.02%, 42.79% and 28.24% respectively.

Holdings

SBI PSU Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Utilities, Energy, Industrial, Basic Materials. Its top holdings are State Bank of India, GAIL (India) Ltd, Power Grid Corp Of India Ltd, NTPC Ltd, Bharat Electronics Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of SBI PSU Fund Direct Growth

To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings (and their subsidiaries) and in debt and money market instruments issued by PSUs and others.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI PSU Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
18877 people have invested ₹ 42.3Cr in SBI PSU Fund Direct Growth in the last three months

INDmoney Rank

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IND ranking is not available for this fund.
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5Y returns in the top 25% of the category
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3Y returns in the top 25% of the category
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Among most bought funds within the category
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No bad points found for this fund.

Fund Overview

Expense ratio0.78%
Benchmark
S&P BSE PSU TR INR
AUM₹3695 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
62.89%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 91.6%

  • Debt & Cash 8.5%

Large cap
62.3%

Mid cap
21.9%

Small cap
7.4%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
34.3%
Utilities
24.7%
Energy
17.4%
Industrial
14.3%
Basic Materials
9.2%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Richard D'souza
Richard D'souza
Fund Manager of SBI PSU Fund Direct Growth, since 1 August 2014
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI PSU Direct Growth
42.79%
--
SBI Magnum Comma Fund Direct Growth
16.22%
--

Mutual Fund Insights

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In the last 1 year, HDFC Defence Fund Direct Growth has given 125.25% return, outperforming this fund by 27.23%.
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In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 43.68% return, outperforming this fund by 0.89% per annum.
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In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 33.78% return, outperforming this fund by 5.55% per annum.
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Over the last 6 months, this fund has experienced a 218.8% growth in AUM moving from 1.15K Cr to 3.69K Cr.
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This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.78% which is lower than the category average expense ratio of 1.12%.
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Over the last 3 months, this fund has decreased expense ratio by 19.6% moving from 0.97 to 0.78.

SBI PSU Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.84% since inception which is less than its category average return of 25.55%
Fund Allocations

Fund Allocations

This fund has an allocation of 91.55% in Equity, 0% in Debt and 8.45% in Cash related instruments
AUM size ₹3695 Cr

AUM size ₹3695 Cr

This fund has AUM of ₹3695 Cr which is more than its category average of ₹ 2226 Cr
Expense Ratio 0.78%

Expense Ratio 0.78%

This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.24%

Frequently Asked Questions

The current NAV of SBI PSU Fund Direct Growth is ₹36.62 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
SBI PSU Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.48%
3.48%
6 Month Returns
38.15%
38.15%
1 Year Returns
98.02%
98.02%
3 Years Returns
191.13%
42.79%
5 Years Returns
246.78%
28.24%
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0.78% as on June 2024
₹3695 Cr as on June 2024
State Bank of India(14.19%), GAIL (India) Ltd(9.21%), Power Grid Corp Of India Ltd(8.99%), NTPC Ltd(4.45%), Bharat Electronics Ltd(3.97%) as on June 2024
Financial Services(31.38%), Utilities(22.65%), Energy(15.95%) as on June 2024
The alpha ratio for the SBI PSU Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI PSU Fund Direct Growth
-5.1
-3
2.07
As on June 2024
The alpha for SBI PSU Fund Direct Growth is calculated against S&P BSE PSU TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI PSU Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI PSU Fund Direct Growth
1.04
0.99
0.84
As on June 2024
The Beta for SBI PSU Fund Direct Growth is calculated with S&P BSE PSU TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI PSU Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI PSU Fund Direct Growth
2.87
1.51
0.89
As on June 2024
The sharpe ratio for SBI PSU Fund Direct Growth is calculated with S&P BSE PSU TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI PSU Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI PSU Fund Direct Growth
23.11
20.53
23.63
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.54 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Richard D'souza is the fund manager of SBI PSU Fund Direct Growth
The Exit load of SBI PSU Fund Direct Growth is 0.5%