Ask Value Research

SBI PSU's Fortunes

Long-term investors can hold onto this fund, even though it has not made a mark as yet…

I have invested Rs 10,000 in SBI PSU. What is the future of this plan?
- Joully

This fund seeks to provide opportunities for long-term growth 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 corporate. A new fund, it was launched in June 2010 and had aimed to gain from the PSU disinvestment. However, it has not managed to make a mark it its performance as yet. If you are a long-term investor you can hold on to this, but there is a lesson for you from this investment; new fund offers should be considered only when they offer a compelling idea.



This article was originally published on April 05, 2011.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month