SBI PSU Fund is a Thematic fund run by SBI Mutual Fund. On 30-09-2026, it managed ₹6,354 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 19.4% a year and its Regular plan returned 18.1% a year. Its benchmark, BSE PSU TRI, returned 19.0% a year over the same 3 years.
NAV (Direct plan)
₹35.37
▼ 0.69% · 30-10-2026
NAV (Regular plan)
₹31.71
▼ 0.69% · 30-10-2026
Expense ratio
0.97%Direct1.94%Regular
0.97%
A year
Riskometer
Not available
Set by the fund house
3 year return
19.4%Direct18.1%Regular
19.4%
A year
SBI PSU Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹35.37 (down 0.69% that day); Regular Plan Growth ₹31.71 (down 0.69% that day).
This fund (Direct plan)
₹35.3672
SBI PSU Fund Returns vs BSE PSU TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−2.71%
−6.65%
−11.22%
−4.87%
+19.35%
+20.84%
+12.69%
This fund (Regular)
−2.79%
−6.88%
−11.65%
−5.82%
+18.09%
+19.55%
+11.67%
BSE PSU TRI
−2.56%
−7.04%
−12.24%
−5.41%
+19.02%
+20.94%
+12.84%
Thematic average
−2.09%
−4.52%
+0.86%
−1.22%
+13.76%
+11.62%
+13.76%
Best in Thematic
+11.54%
+11.27%
+22.16%
+75.71%
+54.78%
+21.14%
+19.31%
Worst in Thematic
−16.05%
−11.74%
−13.97%
−22.44%
−4.46%
+3.65%
+7.72%
Rank in Thematic
135/235
155/232
226/232
123/215
24/133
2/96
41/63
Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.
SBI PSU Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
BSE PSU TRI
2026to date
−5.68%
−6.45%
−6.20%
2025
+12.43%
+11.27%
+12.09%
2024
+24.87%
+23.45%
+24.34%
2023
+55.74%
+54.03%
+61.48%
2022
+30.41%
+29.01%
+28.30%
2021
+33.77%
+32.41%
+47.95%
SBI PSU Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,675 periods, one for each trading day from 04-01-2016 to 30-10-2026.
−20%0%20%40%60%
SBI PSU Fund (Direct)
BSE PSU TRI
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
SBI PSU Fund (Direct)BSE PSU TRI
15%
19%
Below 0%
12%
13%
0-5%
21%
16%
5-10%
10%
11%
10-15%
9%
9%
15-20%
2%
1%
20-25%
31%
32%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,162
12.3%
−31.0%
116.0%
33%
12.5%
50%
2 years
2,920
12.5%
−19.5%
69.1%
22%
11.9%
54%
3 years
2,675
11.1%
−15.3%
45.8%
15%
11.2%
53%
5 years
2,181
7.5%
−5.4%
35.7%
8%
7.1%
39%
7 years
1,692
10.6%
−1.2%
23.8%
1%
11.0%
46%
10 years
949
13.8%
6.6%
18.4%
0%
13.8%
37%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
14.5%
−45.5%
122.9%
33%
14.4%
48%
2 years
142
15.6%
−26.9%
82.2%
25%
16.3%
50%
3 years
130
16.0%
−22.2%
60.1%
22%
14.8%
48%
5 years
106
11.2%
−11.6%
43.9%
18%
13.3%
29%
7 years
82
13.0%
−6.3%
31.3%
11%
13.8%
26%
10 years
46
19.1%
9.1%
22.6%
0%
19.9%
2%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE PSU TRI over the same days. Past returns do not promise future returns.
SBI PSU Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
SBI PSU Fund (Direct)This fund
BSE PSU TRI
Return (CAGR)
−4.87%
−5.41%
Standard deviation
15.11%
16.60%
Sharpe ratio
-0.67
-0.64
Sortino ratio
-0.88
-0.83
Maximum drawdown
−16.2%
(23-10-2026)
−16.2%
(23-10-2026)
Beta
0.91
1.00
Alpha
−0.42%
0.00%
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
SBI PSU Fund (Direct)This fund
BSE PSU TRI
Return (CAGR)
+19.35%
+19.02%
Standard deviation
20.33%
22.23%
Sharpe ratio
0.66
0.58
Sortino ratio
0.87
0.77
Maximum drawdown
−24.1%
(28-02-2025)
−29.0%
(28-02-2025)
Beta
0.90
1.00
Alpha
+1.65%
0.00%
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
SBI PSU Fund (Direct)This fund
BSE PSU TRI
Return (CAGR)
+20.84%
+20.94%
Standard deviation
19.91%
20.70%
Sharpe ratio
0.76
0.73
Sortino ratio
1.01
0.97
Maximum drawdown
−24.1%
(28-02-2025)
−29.0%
(28-02-2025)
Beta
0.94
1.00
Alpha
+0.88%
0.00%
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
SBI PSU Fund (Direct)This fund
BSE PSU TRI
Return (CAGR)
+12.69%
+12.84%
Standard deviation
19.92%
21.70%
Sharpe ratio
0.37
0.34
Sortino ratio
0.49
0.46
Maximum drawdown
−47.1%
(24-03-2020)
−53.1%
(24-03-2020)
Beta
0.89
1.00
Alpha
+0.70%
0.00%
From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
SBI PSU Fund (Direct)This fund
BSE PSU TRI
Return (CAGR)
+10.91%
+10.34%
Standard deviation
19.60%
21.39%
Sharpe ratio
0.25
0.20
Sortino ratio
0.33
0.27
Maximum drawdown
−47.1%
(24-03-2020)
−53.1%
(24-03-2020)
Beta
0.89
1.00
Alpha
+1.06%
0.00%
From daily NAVs, 03-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−60%−50%−40%−30%−20%−10%0%
SBI PSU Fund (Direct)
BSE PSU TRI
2014201620182020202220242026
SBI PSU Fund (Direct)BSE PSU TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
SBI PSU Fund (Direct)
−47.1%
06-11-2017
24-03-2020
04-10-2021
18 months
−14.4%
BSE PSU TRI
−53.1%
06-11-2017
24-03-2020
29-09-2021
18 months
−14.8%
From the Direct plan's daily NAV since 03-01-2013, adjusted for unit splits, and BSE PSU TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
SBI PSU Fund vs Other Thematic Funds
The five Thematic funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
SBI PSU Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Thematic median
Cost rank (1 = cheapest)
Direct
0.73%
0.03%
0.00%
0.21%
0.97%
1.18%
51/235
Regular
1.56%
0.03%
0.00%
0.35%
1.94%
2.41%
17/235
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−5.82%
−4.87%
0.95%
₹94,180
₹95,130
3 years
18.09%
19.35%
1.26% a year
₹1,64,679
₹1,70,007
5 years
19.55%
20.84%
1.29% a year
₹2,44,201
₹2,57,664
10 years
11.67%
12.69%
1.02% a year
₹3,01,554
₹3,30,258
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
SBI PSU Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 03-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Direct planSBI PSU Fund (Direct)Regular planSBI PSU Fund (Regular)BSE PSU TRICategory averageCategory average, 235 Thematic fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
SBI PSU Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
98.7%Equity
Asset
Fund
Category
Equity
98.7%
94.5%
Cash and others
1.2%
4.0%
Debt
0.1%
1.5%
Market cap of stocks
Market cap
Fund
Category
Large Cap
71.9%
45.7%
Mid Cap
16.3%
19.6%
Small Cap
10.2%
24.1%
Not on AMFI's list
0.3%
2.3%
Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
SBI PSU Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks24.5%
Power17.5%
Gas11.9%
Aerospace & Defense9.9%
Finance5.4%
Petroleum Products4.6%
Insurance4.3%
Electrical Equipment4.3%
Transport Services3.7%
Oil3.7%
The ten largest of 14 sectors. The other 4 add up to 9.0%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
25.4%
25.3%
24.5%
−0.9%
Power
19.6%
16.9%
17.5%
−2.1%
Gas
14.3%
11.8%
11.9%
−2.4%
Aerospace & Defense
8.2%
8.0%
9.9%
+1.7%
Finance
1.0%
5.5%
5.4%
+4.4%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
SBI PSU Fund Portfolio Holdings
As on 30-09-2026 · 26 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
State Bank of India
Banks
15.66%
0.0%
NTPC Ltd.
Power
8.61%
0.0%
Bharat Electronics Ltd.
Aerospace & Defense
7.87%
0.0%
Power Grid Corporation of India Ltd.
Power
7.41%
0.0%
GAIL (India) Ltd.
Gas
6.87%
0.0%
Bank of Baroda
Banks
5.21%
0.0%
Bharat Petroleum Corporation Ltd.
Petroleum Products
4.63%
0.0%
Bharat Heavy Electricals Ltd.
Electrical Equipment
4.25%
0.0%
Container Corporation of India Ltd.
Transport Services
3.66%
0.0%
Oil & Natural Gas Corporation Ltd.
Oil
3.66%
−29.7%
Indian Bank
Banks
3.59%
0.0%
PNB Housing Finance Ltd.
Finance
3.13%
0.0%
Engineers India Ltd.
Construction
2.87%
+50.6%
National Aluminium Company Ltd.
Non - Ferrous Metals
2.44%
0.0%
NMDC Ltd.
Minerals & Mining
2.40%
0.0%
SBI Cards & Payment Services Ltd.
Finance
2.31%
0.0%
General Insurance Corporation of India
Insurance
2.16%
0.0%
Life Insurance Corporation of India
Insurance
2.13%
0.0%
Hindustan Aeronautics Ltd.
Aerospace & Defense
2.02%
New
Petronet LNG Ltd.
Gas
1.84%
0.0%
Indraprastha Gas Ltd.
Gas
1.63%
0.0%
NHPC Ltd.
Power
1.49%
0.0%
Gujarat Energy Ltd.
Gas
1.31%
0.0%
Canara Robeco Asset Management Company Ltd.
Capital Markets
1.26%
0.0%
GSPL Transmission Ltd.
Gas
0.27%
0.0%
364 DAY T-BILL 19.11.26 · Treasury bill
Sovereign
0.08%
SBI PSU Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Oil & Natural Gas Corporation Ltd.
↓Reduced
−29.7%
3.66%
Engineers India Ltd.
↑Added
+50.6%
2.87%
Hindustan Aeronautics Ltd.
↑New
New
2.02%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
SBI PSU Fund Overview
Fund facts from the scheme summary document
Expense ratio (Direct)
0.97%
Expense ratio (Regular)
1.94%
Category
Thematic
Risk
Not available
Benchmark
Not available
Launch date
Not available
Minimum investment
Not available
Minimum additional investment
Not available
AUM
₹6,353.85 Cr (30-09-2026)
Lock in
Not available
Scheme code (Direct)
119732
ISIN (Direct)
INF200K01UY4
Scheme code (Regular)
113099
ISIN (Regular)
INF200K01BC0
NAV history
From 03-01-2013, 13.8 years
Exit load
Not available
Tax on SBI PSU Fund returns
SBI PSU Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹35.3672
30-10-2026
direct
IDCW
₹35.3154
30-10-2026
regular
Growth
₹31.7117
30-10-2026
regular
IDCW
₹31.708
30-10-2026
About SBI PSU Fund
SBI PSU Fund is a mutual fund from SBI Mutual Fund. Its category is Thematic. At the end of September 2026 it held 26 securities.
The Direct plan NAV is ₹35.3672. The Regular plan NAV is ₹31.7117, as on 30-10-2026.
What are the returns of SBI PSU Fund?
The Direct plan returned −4.87% in 1 year, +19.35% a year over 3 years, +20.84% a year over 5 years. The Regular plan returned −5.82% in 1 year, +18.09% a year over 3 years, +19.55% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of SBI PSU Fund?
The Direct plan charges 0.97% a year. The Regular plan charges 1.94% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of SBI PSU Fund?
SBI PSU Fund managed ₹6,353.85 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of SBI PSU Fund?
At the end of September 2026 the largest holdings were SBIN (15.66%), NTPC (8.61%), BEL (7.87%), POWERGRID (7.41%), GAIL (6.87%). The fund held 26 securities in all.
What did SBI PSU Fund buy and sell in September 2026?
It bought 1 new stock: Hindustan Aeronautics Ltd. It added shares in 1. It reduced 1.
How do I invest in SBI PSU Fund?
Through SBI Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.
How has SBI PSU Fund performed against its benchmark?
Its benchmark is BSE PSU TRI. The Direct plan returned +20.84% a year over 5 years. The benchmark returned +20.94% a year over 5 years.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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