Best PSU Funds
State-owned enterprises — value re-rating and high dividends.
Data updated · 5 direct-growth funds ranked by a transparent 0–100 Smart Score
| ⚖ VS | Fund | Score ↓ | Verdict | 1Y | 3Y | 5Y | Sharpe | Sortino | Std Dev | Alpha | Beta | VR★ | P/E | Expense | AUM | Age |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Pru PSU Equity ICICI Pru | 71 | Buy | 10.2% | 22.6% | — | 1.00 | 1.13 | 20.5 | -2.5 | 0.86 | — | 11.6 | 1.24% | ₹1.9k Cr | 4.0y | |
| SBI PSU SBI | 68 | Buy | 11.2% | 21.9% | 24.1% | 1.06 | 0.94 | 23.1 | -0.6 | 0.94 | — | 12.2 | 0.86% | ₹6.7k Cr | 13.7y | |
| ABSL PSU Equity Aditya Birla Sun Life | 59 | Hold | 14.8% | 21.9% | 24.1% | 0.95 | 0.90 | 23.7 | -3.6 | 0.97 | — | — | 0.71% | ₹6.0k Cr | 6.7y | |
| Invesco India PSU Equity Invesco | 23 | Avoid | 6.1% | 21.3% | 21.6% | 0.91 | 0.85 | 24.3 | -3.8 | 0.97 | 2★ | 19.4 | 0.97% | ₹1.5k Cr | 13.7y | |
| Quant PSU Quant | 22 | Avoid | 9.7% | — | — | -0.14 | -0.18 | 22.6 | -4.9 | 1.28 | — | 12.0 | 2.25% | ₹445 Cr | 2.5y |
PSU funds — quick answers
›Which is the best PSU mutual fund right now?
ICICI Pru PSU Equity currently ranks #1 of 5 PSU funds with a FundLens Smart Score of 71/100 (Buy). It returned 22.6% over 3 years at a 1.24% expense ratio (direct plan). Rankings are recomputed from data updated 03 Sept 2026.
›Which PSU fund has the best risk-adjusted returns?
ICICI Pru PSU Equity leads the category on the Sortino ratio at 1.13 (Sharpe 1.00) — meaning it has delivered the most return per unit of downside risk among PSU funds.
›Which PSU fund has the lowest expense ratio?
ABSL PSU Equity charges 0.71% a year (direct plan) — the lowest in the category. Lower fees compound in your favour over long holding periods.
›Which is the smallest PSU fund by AUM?
Quant PSU manages ₹445 Cr, the smallest in the category. Smaller funds can be nimbler, but check track record and costs before treating size alone as an edge.
›How long should I stay invested in a PSU fund?
PSU funds carry very high risk, so a horizon of 7+ years is generally sensible. State-owned enterprises — value re-rating and high dividends. This is research, not investment advice.
Want these answers conversationally? Ask FundLens · New to the ratios? Sharpe vs Sortino, explained