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We considered all equity mutual fund categories such as large cap, mid cap, small cap, large & mid cap, ELSS, multi cap, flexi cap, focused fund, value, contra, sectoral and thematic categories. We considered regular and growth options.
CPSE ETF, the topper in the category, offered 109.33% in one year horizon. Aditya Birla Sun Life PSU Equity Fund gave around 97.01% in one year. SBI PSU Fund offered 92.52% during the same time period.
Investors piled into debt funds, which hold instruments with maturity over a year, in March to take advantage of a tax benefit that was set to expire at the end of the 2023 financial year. Data released by the Association for Mutual Funds in India showed that such debt funds saw net inflows of over Rs 40,000 crore. In February, the same funds saw net inflows of only Rs 673 crore.
Synopsis PSU equity mutual funds, that invest primarily in public sector undertakings, have turned around to give astounding returns in three months. PSU equity mutual funds, that invest primarily in public sector undertakings, have turned around to give astounding returns of 27.29% in three months. This comes after the category gave dismissal returns for three long years. There are only three schemes in this category and hence investors do not have much of a choice over here. Table: Performance of 3 PSU schemes Fund Name3 Month Returns (%)6 Month Returns (%)1 Year Returns (%)Aditya Birla ...