Funds that invest in PSU companies are doing very well !!
DSIJ Intelligence / 01 Dec 2016
Even as mutual fund managers are always on the lookout for outperformance the outperformance doesn’t seem to be a difficult task if one decides to invest in PSU companies.
Even as mutual fund managers are always on the lookout for outperformance the outperformance doesn’t seem to be a difficult task if one decides to invest in PSU companies.
The performance of those mutual fund schemes which have invested in PSU companies as is mandated for the fund has been impressive to say the least.
Invesco India PSU Equity Fund (G) and SBI PSU Fund Reg (G) are two funds that have been star performers and have delivered more than 19 per cent returns over past one year period.
The performance for Invesco India PSU Equity fund over three years reflects consistency in performance and thus reflects the winning strategy of the fund.
The top holding for Invesco fund are SBI, ONGC, IOC, Power Grid, Engineers India, Mahanagar Gas Ltd, National Aluminium Company Ltd, Coal India Ltd, LIC Housing Finance Ltd, Indraprastha Gas Limited, Bharat Electronics, etc.
Investors may take adequate exposure to such mutual fund schemes that invest in PSU stocks, looking for outperformance.
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