SBI PSU Fund
- NAV as on 25 Sep 2026
- ₹33.35+0.24%1 day
- Return since launch
- 7.7%
- 52-week range
- ₹31.65 — ₹37.30
- AUM
- ₹6,703 Cr
SBI PSU Fund is a Thematic-PSU equity fund from SBI Mutual Fund with ₹6,703 Cr under management, launched in 2010. Over three years it has returned 6.4% a year, against 17.9% for its category. The expense ratio is 1.88% and the SEBI riskometer reading is Very High.
Performance
SBI PSU Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.4% against +0.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -4.9% | −9.7 pts | 4.8% | -6.6% |
| 2Y | 2.7% | +0.2 pts | 2.5% | -0.5% |
| 3Y | 6.4% | −11.5 pts | 17.9% | 2.6% |
| 5Y | 18.9% | −1.9 pts | 20.7% | 14.6% |
| 7Y | 21.4% | +0.8 pts | 20.7% | 18.2% |
| 10Y | 16.9% | +3.0 pts | 13.9% | 15.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.1% | −0.1 pts | -3.0% | -1.8% |
| 3M | -3.8% | −0.9 pts | -2.9% | -2.9% |
| 6M | 0.5% | −3.8 pts | 4.3% | 1.6% |
| 1Y | 5.4% | +0.6 pts | 4.8% | -0.6% |
| 2Y | -0.5% | +2.0 pts | -2.5% | -4.7% |
| 3Y | 18.1% | +0.3 pts | 17.9% | 14.4% |
| 5Y | 21.9% | +1.1 pts | 20.7% | 17.8% |
| 7Y | 18.7% | −0.6 pts | 19.3% | 17.7% |
| 10Y | 12.8% | −1.1 pts | 13.9% | 12.8% |
Since launch (17 May 2010): 7.7%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 11.3% | +1.6 pts | 9.7% |
| 2024 | 23.5% | +0.2 pts | 23.3% |
| 2023 | 54.0% | −3.2 pts | 57.3% |
| 2022 | 29.0% | +1.3 pts | 27.7% |
| 2021 | 32.4% | −3.1 pts | 35.5% |
| 2020 | -10.0% | −8.9 pts | -1.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.94%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.56%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.35%
- Exit load
- Exit load of 0.50% if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE PSU TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -0.87 | -0.66 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.92 | 0.90 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.76 | 0.77 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.30 | 1.31 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 22.33 | 21.65 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
SBI PSU Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.8%
- Debt0.1%
- Other2.1%
Market cap split
- Large73.4%
- Mid17.6%
- Small9.0%
- P/E
- 12.10
- P/B
- 1.69
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| State Bank of India | Financial | 16.39% | ₹1,099 Cr | +16.86% | +18.23% | +15.38% |
| NTPC Ltd. | Energy | 8.28% | ₹555 Cr | +9.06% | +9.01% | +9.20% |
| Bharat Electronics Ltd. | Capital Goods | 7.97% | ₹534 Cr | +8.84% | +9.33% | +9.25% |
| Power Grid Corporation Of India Ltd. | Energy | 7.11% | ₹477 Cr | +8.78% | +9.10% | +8.79% |
| GAIL (India) Ltd. | Energy | 6.78% | ₹454 Cr | +9.52% | +9.05% | +8.60% |
| Bank Of Baroda | Financial | 5.11% | ₹342 Cr | +5.33% | +5.41% | +4.94% |
| Oil And Natural Gas Corporation Ltd. | Energy | 5.07% | ₹340 Cr | +5.90% | +2.54% | +1.56% |
| Bharat Petroleum Corporation Ltd. | Energy | 4.69% | ₹314 Cr | +4.39% | +5.71% | +5.77% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 4.29% | ₹288 Cr | +4.11% | +1.62% | +1.61% |
| Container Corporation Of India Ltd. | Services | 3.97% | ₹266 Cr | — | — | — |
| Indian Bank | Financial | 3.79% | ₹254 Cr | +3.07% | +3.67% | +3.06% |
| PNB Housing Finance Ltd. | Financial | 3.04% | ₹204 Cr | — | — | — |
| NMDC Ltd. | Metals & Mining | 2.62% | ₹176 Cr | +3.72% | +3.48% | +3.71% |
| National Aluminium Company Ltd. | Metals & Mining | 2.59% | ₹174 Cr | +3.22% | +2.71% | +1.80% |
| SBI Cards And Payment Services Ltd. | Financial | 2.44% | ₹164 Cr | — | — | +2.56% |
| General Insurance Corporation of India | Insurance | 2.20% | ₹147 Cr | +2.40% | +2.43% | +2.91% |
| Life Insurance Corporation of India | Insurance | 2.13% | ₹143 Cr | +1.63% | +1.70% | +2.16% |
| Others | Others | 2.09% | ₹139 Cr | -0.12% | +0.01% | -0.24% |
| Petronet LNG Ltd. | Energy | 1.84% | ₹123 Cr | +1.69% | +2.03% | +2.13% |
| Indraprastha Gas Ltd. | Energy | 1.59% | ₹107 Cr | +1.73% | +1.31% | — |
| Engineers India Ltd. | Construction | 1.53% | ₹103 Cr | +1.12% | +1.08% | +1.23% |
| NHPC Ltd. | Energy | 1.48% | ₹99.50 Cr | — | — | — |
| Canara Robeco Asset Management Company Ltd. | Financial | 1.38% | ₹92.46 Cr | +1.33% | +1.37% | — |
| Gujarat Energy Ltd. | Energy | 1.29% | ₹86.78 Cr | +2.13% | +0.75% | +0.97% |
| GSPL Transmission Ltd. | Energy | 0.26% | ₹17.52 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.07% | ₹4.94 Cr | +0.07% | +0.07% | +0.10% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Container Corporation Of India Ltd. | 1.11% | 3.97% | +2.86% |
| GAIL (India) Ltd. | 9.28% | 6.78% | -2.50% |
| SBI Cards And Payment Services Ltd. | 0.00% | 2.44% | +2.44% |
| PNB Housing Finance Ltd. | 1.02% | 3.04% | +2.02% |
| SBI Life Insurance Company Ltd. | 1.94% | 0.00% | -1.94% |
| Power Grid Corporation Of India Ltd. | 8.49% | 7.11% | -1.38% |
| NMDC Ltd. | 3.55% | 2.62% | -0.93% |
| NTPC Ltd. | 9.07% | 8.28% | -0.79% |
| NHPC Ltd. | 2.00% | 1.48% | -0.52% |
| Engineers India Ltd. | 1.07% | 1.53% | +0.46% |
| Life Insurance Corporation of India | 1.67% | 2.13% | +0.46% |
| Bharat Heavy Electricals Ltd. | 3.96% | 4.29% | +0.33% |
| Bharat Electronics Ltd. | 8.24% | 7.97% | -0.27% |
| State Bank of India | 16.66% | 16.39% | -0.27% |
| Indian Bank | 3.54% | 3.79% | +0.25% |
| Oil And Natural Gas Corporation Ltd. | 5.32% | 5.07% | -0.25% |
| Gujarat Energy Ltd. | 1.44% | 1.29% | -0.15% |
| Others | -0.32% | -0.18% | +0.14% |
| Petronet LNG Ltd. | 1.72% | 1.84% | +0.12% |
| Bank Of Baroda | 5.21% | 5.11% | -0.10% |
| Bharat Petroleum Corporation Ltd. | 4.64% | 4.69% | +0.05% |
| National Aluminium Company Ltd. | 2.62% | 2.59% | -0.03% |
| Indraprastha Gas Ltd. | 1.62% | 1.59% | -0.03% |
| Canara Robeco Asset Management Company Ltd. | 1.40% | 1.38% | -0.02% |
| General Insurance Corporation of India | 2.22% | 2.20% | -0.02% |
| GSPL Transmission Ltd. | 0.26% | 0.26% | 0.00% |
| Reserve Bank of India | 0.07% | 0.07% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,109 Cr | 2.22% | -1.1% | 6.5% | 18.2% |
 Aditya Birla Sun Life PSU Equity Fund | ₹6,073 Cr | 1.88% | -0.3% | 6.5% | 18.2% |
 ICICI Prudential PSU Equity Fund | ₹1,850 Cr | 2.34% | -0.5% | 6.5% | — |
 Quant PSU Fund | ₹431 Cr | 3.56% | 2.2% | — | — |
 Kotak BSE PSU Index Fund | ₹80.52 Cr | 1.11% | -5.9% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide opportunities for long-term growth through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings and in debt and money market instruments issued by PSUs and others.
Fund managers
- Rohit ShimpiMr. Shimpi is a B. Com., PGDBM (Finance), CFA.Prior to joining SBI Mutual Fund, he has worked with CNBC TV18, JP Morgans offshore research centre and HDFC Standard Life Insurance.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months0.50% absolute | ₹60,000 | ₹60,300 | 0.50% | |
| 1 year5.37% annualised | ₹1,20,000 | ₹1,23,548 | 2.96% | |
| 3 years18.14% annualised | ₹3,60,000 | ₹4,80,961 | 33.60% | |
| 5 years21.87% annualised | ₹6,00,000 | ₹10,92,510 | 82.09% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.