SBI PSU Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 18-10-2024
₹ 35.98
▲0.7%
1D
Inception Returns
13.1%
/yr
About SBI PSU Fund Direct Growth
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
- SBI PSU Fund Direct Growth has ₹4703 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
SBI PSU Fund Direct Growth has given a CAGR return of 13.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 66.45%, 34.48% and 27.44% 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, Power Grid Corp Of India Ltd, GAIL (India) Ltd, Bharat Petroleum Corp 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 benefitDividends 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.
Historical NAV & Returns
Annualised
▲
▼
23888 people have invested ₹ 25.1Cr in SBI PSU Fund Direct Growth in the last three months
INDmoney Rank for SBI PSU Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Among most bought funds within the category
No bad points found for this fund.
SBI PSU Fund Direct Growth Overview
| Expense ratio | 0.72% |
Benchmark | S&P BSE PSU TR INR |
| AUM | ₹4703 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 58.88% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (18-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
74.5%
Mid cap
18.8%
Small cap
3.2%
Sector Allocation
Financial Services
36.2%
Utilities
26.7%
Energy
19.1%
Industrial
10.7%
Basic Materials
7.3%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at -1.00% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund underperformed Nifty 500 by 3.04% in Sep'24
- AUM of the fund stands at 4.7K Cr as of Sep'24
- AUM decreased by 147.7 Cr between Sep'24 and Aug'24
Top Stocks bought last month
Bharat Electronics Ltd's allocation increased from 5.66% to 6.29%
NMDC Ltd's allocation increased from 4.27% to 4.84%
General Insurance Corp of India's allocation increased from 2.53% to 3.03%
Top Stocks sold last month
State Bank of India's allocation decreased from 13.92 % to 13.87 %
Petronet LNG Ltd's allocation decreased from 3.1 % to 2.98 %
Life Insurance Corporation of India's allocation decreased from 2.87 % to 2.8 %
Small Cap allocation has gone down from 3.3% to 3.2%
Mid Cap allocation has gone up from 18.1% to 18.8%
Large Cap allocation has gone up from 70.7% to 74.5%
Cash allocation has gone down from 7.9% to 3.5%
Top 3 Sectors in September were Financial Services, Utilities & Energy
Sep'24
Financial Services
36%
Utilities
27%
Energy
19%
Aug'24
Financial Services
36%
Utilities
25%
Energy
20%
See all
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Richard D'souza
Fund Manager of SBI PSU Fund Direct Growth, since 1 August 2014
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.59L Cr
as on 30-Sep-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com
Mutual Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 25.8% moving from 0.97 to 0.72.
This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.72% which is lower than the category average expense ratio of 1.12%.
In the last 1 year, HDFC Defence Fund Direct Growth has given 80.26% return, outperforming this fund by 13.81%.
In the last 3 years, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has experienced a 150.7% growth in AUM moving from 1.87K Cr to 4.70K Cr.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 34.52% return, outperforming this fund by 7.08% per annum.
SBI PSU Fund 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 13.14% since inception which is less than its category average return of 21.7%
Fund Allocations
This fund has an allocation of 96.54% in Equity, 0% in Debt and 3.46% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 2436 Cr
Expense Ratio 0.72%
This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.25%
Frequently Asked Questions for SBI PSU Fund Direct Growth
The current NAV of SBI PSU Fund Direct Growth is ₹35.98 as on 18-Oct-2024.
Existing (Absolute + CAGR) as on 18-Oct-2024.
SBI PSU Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.17% | 1.17% |
6 Month Returns | 12.71% | 12.71% |
1 Year Returns | 66.45% | 66.45% |
3 Years Returns | 143.22% | 34.48% |
5 Years Returns | 236.18% | 27.44% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.72% as on September 2024
₹4703 Cr as on September 2024
State Bank of India(13.87%), Power Grid Corp Of India Ltd(9.44%), GAIL (India) Ltd(9.37%), Bharat Petroleum Corp Ltd(6.45%), Bharat Electronics Ltd(6.29%) as on September 2024
Financial Services(34.91%), Utilities(25.75%), Energy(18.46%) as on September 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 | -5.42 | -1.14 | 1.49 |
As on September 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 | 1.03 | 1 | 0.85 |
As on September 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 | 2.05 | 1.46 | 1.01 |
As on September 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 | 23.57 | 20.81 | 23.08 |
As on September 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 3.38 as on September 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%