PSU Equity Fund Records Astounding 103% 1-Year Return, Rs 10k SIP Surges to Rs 212,797

For those seeking impressive returns without the direct risks associated with the stock market, mutual funds stand out as a viable investment avenue. One particular scheme, the Aditya Birla Sun Life PSU Equity Fund (Thematic Fund), has made waves by delivering an extraordinary return of over 100% in the last year.

Mutual Fund Investment Unveiled:

Mutual funds, as a collective investment vehicle, pool money from various investors and strategically invest in equities, bonds, government securities, and money market instruments. The resulting gains are then distributed proportionately among the investors, offering a balanced and diversified approach to wealth creation.

Aditya Birla Sun Life PSU Equity Fund’s Stellar Performance:

According to data available from AMFI, the direct plan of the Aditya Birla Sun Life PSU Equity Fund (Thematic Fund) has recorded an impressive return of 103.62% in the last year, as of February 22, 2024. The regular plan has also seen substantial growth, soaring by 100.80% over the same period.

SIP Investment Magic:

Utilizing a systematic investment plan (SIP) approach, investors who committed Rs 10,000 monthly to the scheme from February 1, 2023, to February 1, 2024, would have witnessed their investment balloon to a remarkable Rs 212,797, according to the mutual fund return calculator (value as of February 22, 2024).

Aditya Birla Sun Life PSU Equity Fund Portfolio Highlights:

The top holdings of this mutual fund scheme comprise prominent names in the industry, including NTPC, Oil and Natural Gas Company, Coal India, State Bank of India, Bank of Baroda, Power Grid Corporation of India, and Bank of India.

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