How is Aditya Birla Sun Life PSU equity fund direct growth?
It falls under the direct category of high risks but definitely worth high returns (as per the data). Has anyone got the fairest idea of how it is? How is ₹1000 SIP for 3 complete years?
Jordon Vernon
Student
a month ago
Psu stocks were undervalued few years back, that's why the returns of the recent years are high, here onwards they'll give a stable return comparable to that of nifty
Isaiah Lee
Student
a month ago
Thank you so much for the advice, I hope that's a good investment 👍🏻
Aaron Lee
Stealth
a month ago
Not really sure about the upside. Most of my MF was in technology, so I chose this to diversify. Low exit load and expense ratio. But would like to know what others think of this.
Jordon Gabriel
Student
a month ago
Well this provided higher returns but on longer terms. The last time it had a return of 60% in one year while dropping back to 30% in 3 consistent years.
This fund mostly expenses on Public Sectors with the most percentage held by State Bank of India (around 10%). Others are Oil, Power, GAIL (India), and others. The highest of MF in it's High Returns High Volatility Category.
Jordon Carmden
Stealth
a month ago
In the current bull market, everything is good. Don't evaluate any MF or scheme after 2020. They will skew your results.
Look ay their performance between 2009-2014 and 2017- 2019. That's your yard stick. Look if the money manager is the same.
Bull market make people complacent. Last 4 years we have not seen a decent correction.
We may be good economy, but we are not that good for nifty to be at 26k or bank nifty at 54k. 2% tax payers are not going to funding this economy for ever.
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