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 | 77 | Buy | -0.3% | 18.2% | — | 0.70 | 0.85 | 20.0 | 1.4 | 0.84 | — | 10.2 | 1.29% | ₹1.8k Cr | 4.1y | |
| SBI PSU SBI | 63 | Buy | -0.7% | 18.1% | 20.0% | 0.61 | 0.75 | 22.4 | -0.0 | 0.92 | — | 11.7 | 0.98% | ₹6.4k Cr | 13.8y | |
| ABSL PSU Equity Aditya Birla Sun Life | 51 | Hold | 3.5% | 17.0% | 20.1% | 0.58 | 0.65 | 23.1 | -0.7 | 0.94 | — | — | 0.77% | ₹5.8k Cr | 6.8y | |
| Invesco India PSU Equity Invesco | 31 | Avoid | -4.2% | 17.3% | 18.0% | 0.58 | 0.65 | 23.8 | -0.6 | 0.96 | 2★ | 18.0 | 1.26% | ₹1.4k Cr | 13.8y | |
| Quant PSU Quant | 22 | Avoid | -0.7% | — | — | -0.23 | -0.30 | 22.3 | -4.4 | 1.26 | — | 10.8 | 2.22% | ₹402 Cr | 2.7y |
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 77/100 (Buy). It returned 18.2% over 3 years at a 1.29% expense ratio (direct plan). Rankings are recomputed from data updated 18 Oct 2026.
›Which PSU fund has the best risk-adjusted returns?
ICICI Pru PSU Equity leads the category on the Sortino ratio at 0.85 (Sharpe 0.70) — 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 0.77% 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 ₹402 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