PSU mutual funds
5 actively managed sector schemes and 8 index funds or ETFs whose names point to PSU, with the market index they follow. Returns from AMFI NAVs as of 27 Oct 2026.
Schemes on this page invest mainly in this part of the market. Where the NSE sector indices stand today:
- P/E 10.2: higher than 54% of days since 2021 (median 9.9)
- 1Y −9.1% · 3Y +15.8% p.a. · 5Y +16.9% p.a. (index fund NAV, after costs)
- −16.0% from its 52-week high (proxy NAV)
- P/E 11.5: higher than 50% of days since 2021 (median 11.4)
- 1Y −8.0% · 3Y +18.1% p.a. · 5Y +23.2% p.a. (index fund NAV, after costs)
- −20.6% from its 52-week high
- P/E 7.2: higher than 11% of days since 2021 (median 8.4)
- 1Y +1.9% · 3Y +18.4% p.a. · 5Y +23.1% p.a. (index fund NAV, after costs)
- −17.7% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
| Scheme | 1Y return | 3Y CAGR | 5Y CAGR | Volatility | Max drawdown | 3Y vs own benchmark TRI | TER | AUM (₹ cr) |
|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life PSU Equity Fund Aditya Birla Sun Life Mutual Fund · Sectoral/Thematic · Regular | −1.2% | 16.9% | 18.7% | 22.9% | −34.0% | −2.3 pp | 1.88% | 5,639 |
| ICICI PRUDENTIAL PSU EQUITY FUND ICICI Prudential Mutual Fund · Sectoral/Thematic · Regular | −4.1% | 17.0% | n/a | 20.0% | −23.6% | −2.3 pp | 2.33% | 1,685 |
| Invesco India PSU Equity Fund Invesco Mutual Fund · Sectoral/Thematic · Regular | −9.0% | 16.2% | 16.4% | 23.8% | −41.8% | −3.2 pp | 2.41% | 1,302 |
| quant PSU Fund quant Mutual Fund · Sectoral/Thematic · Regular | −7.1% | n/a | n/a | n/a | −31.6% | n/a | 3.50% | 365 |
| SBI PSU FUND SBI Mutual Fund · Sectoral/Thematic · Regular | −5.6% | 17.8% | 18.3% | 22.1% | −48.1% | −1.2 pp | 1.94% | 6,124 |
"3Y vs own benchmark TRI" is the scheme's 3-year CAGR minus that of the total return index it is benchmarked to, as published by AMFI. Alphabetical order, not a ranking. Rolling returns and risk for this group
| Scheme | 1Y return | 3Y CAGR | 5Y CAGR | Volatility | Max drawdown | Tracking error | TER | AUM (₹ cr) |
|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty PSE ETF Aditya Birla Sun Life Mutual Fund · Equity ETF | −7.5% | n/a | n/a | n/a | −30.1% | n/a | 0.23% | 22 |
| BHARAT 22 ETF ICICI Prudential Mutual Fund · Equity ETF | −7.9% | 13.2% | 18.0% | 18.5% | −47.9% | n/a | 0.07% | 9,241 |
| CPSE ETF Nippon India Mutual Fund · Equity ETF | −8.0% | 18.1% | 23.2% | 22.0% | −54.1% | n/a | 0.08% | 17,709 |
| Groww Nifty India Railways PSU ETF Groww Mutual Fund · Equity ETF | −28.8% | n/a | n/a | n/a | −38.7% | n/a | 0.54% | 161 |
| Groww Nifty India Railways PSU Index Fund Groww Mutual Fund · Index Fund · Regular | −29.3% | n/a | n/a | n/a | −39.3% | n/a | 1.18% | 61 |
| Groww Nifty PSE ETF Groww Mutual Fund · Equity ETF | n/a | n/a | n/a | n/a | −17.0% | n/a | 0.56% | 17 |
| kotak BSE PSU Index Fund Kotak Mahindra Mutual Fund · Index Fund · Regular | −6.0% | n/a | n/a | n/a | −27.1% | n/a | 1.12% | 73 |
| Motilal Oswal Nifty PSE ETF Motilal Oswal Mutual Fund · Equity ETF | −7.8% | n/a | n/a | n/a | −17.0% | n/a | 0.73% | 2 |
Index funds and ETFs aim to match their index, so the useful comparison between them is cost (TER) and tracking error, not return rank. ETFs are bought and sold on the stock exchange through a demat account.
- How many mutual funds invest in PSU in India?
- MFIC finds 5 actively managed sectoral or thematic schemes and 8 index funds or ETFs whose names point to PSU (Regular plans; ETFs have a single plan), from AMFI's daily NAV file dated 27 Oct 2026.
- Does every scheme on this page hold only PSU stocks?
- Not necessarily. MFIC groups schemes by the sector or theme in the scheme name. SEBI requires sectoral and thematic schemes to keep at least 80% in their stated sector or theme, but the exact holdings come from each fund house's monthly portfolio, which MFIC does not yet read. Check the latest factsheet before relying on a scheme's exposure.
- Are sector funds riskier than diversified equity funds?
- A sector fund depends on one part of the economy, so its returns usually swing more than a diversified fund's and can lag for long periods. The volatility and maximum drawdown columns on this page show how much each scheme has moved in the past; past movements do not predict future ones.
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