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 | 5.9% | 19.9% | — | 0.90 | 0.98 | 20.1 | 2.1 | 0.82 | — | 10.7 | 1.28% | ₹1.9k Cr | 4.0y | |
| SBI PSU SBI | 72 | Buy | 5.5% | 19.7% | 23.0% | 0.83 | 0.85 | 22.4 | 1.0 | 0.89 | — | 12.1 | 0.91% | ₹6.7k Cr | 13.7y | |
| ABSL PSU Equity Aditya Birla Sun Life | 53 | Hold | 8.8% | 18.7% | 22.8% | 0.80 | 0.76 | 23.3 | 0.5 | 0.93 | — | — | 0.75% | ₹6.1k Cr | 6.7y | |
| Invesco India PSU Equity Invesco | 23 | Avoid | 0.4% | 18.7% | 20.6% | 0.77 | 0.73 | 23.7 | -0.0 | 0.93 | 2★ | 19.6 | 1.25% | ₹1.4k Cr | 13.7y | |
| Quant PSU Quant | 18 | Avoid | 5.3% | — | — | -0.14 | -0.19 | 22.5 | -4.0 | 1.28 | — | 12.5 | 2.23% | ₹437 Cr | 2.6y |
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 19.9% over 3 years at a 1.28% expense ratio (direct plan). Rankings are recomputed from data updated 20 Sept 2026.
›Which PSU fund has the best risk-adjusted returns?
ICICI Pru PSU Equity leads the category on the Sortino ratio at 0.98 (Sharpe 0.90) — 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 0.75% 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 ₹437 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