This PSU-focused fund from the house of SBI Mutual Fund commands an NAV of Rs 37.86. The expense ratio of the fund is pegged at 0.78 per cent. Some of the top holdings of the fund include Power Grid Corporation (PGCIL), GAIL (India), NTPC, Bharat Electronics, Coal India and SBI among others. This fund over 3 years has offered an annualized return of 43.24 per cent.
The scheme is benchmarked against the BSE PSU TRI index.
SIP in the fund can be kickstarted with a bare minimum sum of Rs 500. Rs 9 lakh investment in the scheme through a monthly SIP of Rs 25,000 in 3 years would grow to more than Rs 19.79 lakhs.