If you us see the YTD returns of Sensex (see below) : Its was 59,183 on 1st Jan 2022 and is traded at 59,196 as on 6th Sept 2022 ...technically no change !
At one place when Sensex delivered almost zero returns in YTD ( Year to Date), PSU based Equity Mutual Funds performed really well, and delivered returns in the range of 15 -20%. This is very important to identify the portfolio category of such top performing schemes . See the chart given below and check few such names :
* Data as on 6th Sept 2022
* Some of FMCG funds also been included in the chart above, just as part of top return filters.
So the hero is PSU stocks and PSU funds. We all know the reason behind this extra ordinary performance coming out from PSU stocks. This is the story of changing India on Global Map - Stable to rising GDP, India's rising manufacturing data, rising export book, Green Energy policy and many more things..... Many of you have invested in the latest NFO launch of ICICI PSU Fund , which closed on 6th Sept 2022. If not then must add some of your allocation in your portfolio
" Check your existing MF folios and see if you have at-least 10% of your Equity allocation in PSU Funds lump-sum or SIP "
Call us at 9307218766 or 0522-4101666 for any help in terms of PSU Investing
Infinity Finserv Pvt Ltd is a commission based Mutual Fund Distributor registered with AMFI vide number : 20943 and having its website as https://infirupee.com and Mobile app as : fundconnect
Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of future performance of the schemes. The Mutual Fund is not guaranteeing or assuring any dividend under any of the schemes and the same is subject to the availability and adequacy of distributable surplus. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.