SBI PSU Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 34.06 as on 16-05-2024
About the Fund
SBI PSU 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
- SBI PSU Direct Growth has ₹2352 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Fund Performance
8429 people have invested ₹ 16.9Cr in SBI PSU Direct Growth in the last three months
Overview
 | 0.89% |
 Benchmark | S&P BSE PSU TR INR |
 | ₹2352 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 62.89% |
SBI PSU Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
44.7%
Mid cap
24.8%
Small cap
21.1%
Sector Allocation
Financial Services
35.9%
Utilities
19.2%
Basic Materials
17.4%
Energy
14.1%
Industrial
13.4%
Top Holdings of SBI PSU Direct Growth as on (30-Apr-24)
Equity Holdings24
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Steel Authority of India Ltd | 9% |
 State Bank of India | 8% |
 Hindustan Copper Ltd | 7.2% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 11.45% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
- This fund outperformed Nifty 500 by 8.99% in Apr'24
AUM Change
- AUM of the fund stands at 2.4K Cr as of Apr'24
- AUM increased by 476.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 42.76% return, outperforming this fund by 2.26% per annum.
In the last 1 year, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has experienced a 185.8% growth in AUM moving from 823.13 Cr to 2.35K Cr.
Over the last 3 months, this fund has decreased expense ratio by 19.1% moving from 1.10 to 0.89.
This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.89% which is lower than the category average expense ratio of 1.14%.
In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 30.7% return, outperforming this fund by 3.91% per annum.
INDmoney Rank
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Pros
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Richard D'souza
Fund Manager of SBI PSU Direct Growth, since 1 August 2014
Top funds managed
SBI PSU Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.98% since inception which is less than its category average return of 22.41%
Fund Allocations
This fund has an allocation of 90.61% in Equity, 0% in Debt and 9.39% in Cash related instruments
AUM size ₹2352 Cr
This fund has AUM of ₹2352 Cr which is more than its category average of ₹ 1861 Cr
Expense Ratio 0.89%
This fund has an expense ratio of 0.89% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions
The current NAV of SBI PSU Direct Growth is ₹34.06 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
SBI PSU Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.18% | 3.18% |
6 Month Returns | 51.64% | 51.64% |
1 Year Returns | 96.76% | 96.76% |
3 Years Returns | 177.31% | 40.49% |
5 Years Returns | 227.59% | 26.78% |
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- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.89% as on April 2024
₹2352 Cr as on April 2024
State Bank of India(9.76%), Power Grid Corp Of India Ltd(7.55%), NTPC Ltd(6.71%), Hindustan Copper Ltd(5.08%), Steel Authority Of India Ltd(4.54%) as on April 2024
Financial Services(32.57%), Utilities(17.37%), Basic Materials(15.77%) as on April 2024
The alpha ratio for the SBI PSU Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI PSU Direct Growth | -6.71 | -2.87 | 2.4 |
As on April 2024
The alpha for SBI PSU 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 Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI PSU Direct Growth | 1.06 | 0.97 | 0.84 |
As on April 2024
The Beta for SBI PSU 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 Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI PSU Direct Growth | 2.81 | 1.62 | 0.9 |
As on April 2024
The sharpe ratio for SBI PSU 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 Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI PSU Direct Growth | 23.52 | 20.93 | 23.69 |
As on April 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 3.86 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Richard D'souza is the fund manager of SBI PSU Direct Growth
The Exit load of SBI PSU Direct Growth is 0.5%