The SBI PSU Fund primarily invests in the equities of Public Sector Undertakings (PSUs) in India, focusing on leveraging the potential growth of government-owned companies. It’s a thematic fund aimed at capturing the growth prospects of India’s public sector enterprises.
The SBI Infrastructure Fund targets investments in companies involved in infrastructure development, such as construction, cement, and power. It aims to capitalize on the growth opportunities within the infrastructure sector, driven by increased government spending and private investments.
Investment Strategy
| Attribute | SBI PSU Fund | SBI Infrastructure Fund |
| Primary Investment Strategy | Equities of PSU companies | Stocks of companies in infrastructure |
| Flexibility | Up to 20% in non-PSU equities/debt | Up to 20% in non-infrastructure equities/debt |
Basic Information
| Fund Attribute | SBI PSU Fund | SBI Infrastructure Fund |
| Fund Type | Sectoral/Thematic | Sectoral/Thematic |
| Fund House | SBI Mutual Fund | SBI Mutual Fund |
| NAV (as of 24th May 2024) | ₹32.9357 | ₹48.8039 |
| Expense Ratio | 2.03% | 2.03% |
| Risk | Very High | Very High |
| Inception Date | 7th July 2010 | 6th July 2007 |
Performance Comparison
| Period Invested For | SBI PSU Fund (₹10,000 Invested) | SBI Infrastructure Fund (₹10,000 Invested) |
| 1 Week | ₹10,379.20 (3.79%) | ₹10,147.40 (1.47%) |
| 1 Month | ₹10,837.20 (8.37%) | ₹10,275.60 (2.76%) |
| 3 Months | ₹11,373.40 (13.73%) | ₹10,952.90 (9.53%) |
| 6 Months | ₹16,003.20 (60.03%) | ₹12,994.50 (29.95%) |
| Year-to-Date (YTD) | ₹13,231.40 (32.31%) | ₹11,779.30 (17.79%) |
| 1 Year | ₹20,780.10 (107.80%) | ₹16,694.70 (66.95%) |
| 2 Years | ₹25,840.80 (158.41%) | ₹20,460.10 (104.60%) |
| 3 Years | ₹27,578.10 (175.78%) | ₹23,388.20 (133.88%) |
| 5 Years | ₹30,882.30 (208.82%) | ₹30,792.90 (207.93%) |
| 10 Years | ₹32,775.40 (227.75%) | ₹49,204.40 (392.04%) |
| Since Inception | ₹32,706.80 (227.07%) | ₹48,803.90 (388.04%) |
SIP Returns Comparison
| Period Invested For | SBI PSU Fund (₹1,000 SIP) | SBI Infrastructure Fund (₹1,000 SIP) |
| 1 Year | ₹19,557.99 (50.45%) | ₹15,910.56 (32.59%) |
| 2 Years | ₹47,012.56 (88.05%) | ₹38,259.62 (59.42%) |
| 3 Years | ₹78,358.99 (111.78%) | ₹63,041.99 (75.12%) |
| 5 Years | ₹163,510.09 (168.05%) | ₹140,770.58 (134.62%) |
| 10 Years | ₹359,613.63 (197.20%) | ₹374,210.14 (211.84%) |
Portfolio Allocation
| Attribute | SBI PSU Fund | SBI Infrastructure Fund |
| Equity | 90.60% | 88.85% |
| Debt | 0% | 0% |
| Others | 9.4% | 11.15% |
| Large Cap Investments | 33.65% | 37.66% |
| Mid Cap Investments | 26.57% | 14.07% |
| Small Cap Investments | 21.14% | 19.54% |
| No of Stocks | 24 | 42 |
| Portfolio Turnover Ratio | 52.00% | 42.00% |
Top Holdings
SBI PSU FUND
- State Bank Of India (9.76%)
- Power Grid Corporation of India Ltd. (7.55%)
- National Thermal Power Corporation Ltd. (6.71%)
- Hindustan Copper Ltd. (5.08%)
- Steel Authority Of India Ltd. (4.54%)
SBI INFRASTRUCTURE FUND
- Reliance Industries Ltd. (8.40%)
- Bharti Airtel Ltd. (6.15%)
- Larsen & Toubro Ltd. (4.12%)
- Shree Cement Ltd. (3.94%)
- Torrent Power Ltd. (3.76%)
Risk Ratios
| Risk Ratio | SBI PSU Fund | SBI Infrastructure Fund |
| Standard Deviation | 17.65 (High volatility) | 11.37 (Low volatility) |
| Beta | 0.99 (High volatility) | 0.77 (Low volatility) |
| Sharpe Ratio | 1.73 (Better risk adjusted returns) | 2.13 (Better risk adjusted returns) |
| Treynor’s Ratio | 0.31 (Better risk adjusted returns) | – |
| Jensen’s Alpha | -4.52 (Poor risk adjusted returns) | – |
Both funds cater to investors with a high-risk appetite looking for sector-specific investments. The PSU Fund has demonstrated higher recent returns, while the Infrastructure Fund has shown consistent long-term growth. Investors should choose based on their risk tolerance, investment horizon, and sector preference.
Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.
Note: Data as on June 15, 2024
