| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.96% |
| NAV | ₹8.82 (14 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹154 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| State Bank of India | Financial | Equity | 9.7% |
| Bharat Petroleum Corpn. Ltd. | Energy | Equity | 9.3% |
| Garden Reach Shipbuilders & Engineers Ltd. | Construction | Equity | 6.3% |
| Power Grid Corporation of India Ltd. | Energy | Equity | 6.1% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 5.6% |
| SBI Life Insurance Company Ltd. | Financial | Equity | 5.6% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Equity | 5.2% |
| Oil & Natural Gas Corpn. Ltd. | Energy | Equity | 5.1% |
| Can Fin Homes Ltd. | Financial | Equity | 5.0% |
| Rites Ltd. | Construction | Equity | 4.6% |
SBI PSU Direct Plan Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Richard Dsouza is the Current Fund Manager of SBI PSU Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹154 Cr and the Latest NAV as of 14 Aug 2020 is ₹8.82.
The SBI PSU Direct Plan Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
The objective of the scheme would be to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme 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.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.