SBI PSU Fund Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 07 Jul 2010. Richard Dsouza is the Current Fund Manager of SBI PSU Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹170 Cr and the Latest NAV as of 13 Dec 2019 is ₹10.35.
The SBI PSU Fund Growth is rated High risk. Minimum SIP Investment is 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year