Top 4 PSU Mutual Funds With Best SIP Returns in 6 Months: PSU mutual funds have heavy investment in PSU stocks, generating high returns when PSU stocks are rising and vice versa. Since they are highly reliant on one type of stocks, they are risky and may not be suitable for investors who want to hold them for a short period. In the last 6 months, PSU stocks have recovered. It led to the re-rise of PSU funds, which had fallen into negative territory for some months. As a result, in the last 6 months, PSU funds have generated SIP returns as high as 59 per cent. Here, we take you through the top 4 PSU mutual funds with the highest SIP returns. Also know how an Rs 30,000 monthly SIP investment in each fund has grown during that period.
Invesco India PSU Equity Fund Direct-Growth
The fund has given 58.65 per cent SIP return in 6 months.
A Rs 30,000 monthly SIP investment in the 6-month period, or a total investment of Rs 1,80,000, has swelled to Rs 2,05,728.
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
The fund has given 37.41 per cent SIP return in the 6-month period.
A Rs 30,000 monthly SIP investment in the fund has converted into Rs 1,97,258 in the 6-month time frame.
SBI PSU Direct Plan-Growth
The fund has given 36.87 per cent SIP return in the 6-month time frame.
A Rs 30,000 monthly SIP investment in the fund has grown to Rs 1,97,029 in the 6-month period.
ICICI Prudential PSU Equity Fund Direct - Growth
The fund has given 30.80 per cent SIP return in 6 months.
A Rs 30,000 monthly SIP investment in the fund has jumped to Rs 1,94,451 in the 6-month time frame.