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ICICI Prudential PSU Equity Fund - NAV, Performance, Returns & Investment Guide

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Explore ICICI Prudential PSU Equity Fund with current NAV ₹21.05, AUM ₹1967.12 Cr, investment objective focused on PSU equities, fund manager details and comprehensive analysis for informed investment decisions.

Investment Objective and Approach

The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of Public Sector Undertakings (PSUs). The principal investment objective of the ICICI Prudential PSU Equity Fund Direct Plan-Growth is to deliver capital appreciation by investing in a focused portfolio of the equity of companies that fall in the category of PSUs or Public Sector Undertakings. The scheme aims to take advantage of the fact of the potential stability of government-owned companies that have a crucial place in key areas of the Indian economy.

The fund estimates substantial returns that may be possibly gained as such companies display robust performance and fundamentals. The fund is in the sectoral/thematic category and seeks to offer investors long-term capital appreciation by mainly investing in stocks of PSUs or Public Sector Undertakings. These PSUs are spread over different sectors, so the fund has stocks of various companies.

The fund follows a thematic investment approach focusing specifically on Public Sector Undertakings across various sectors including BFSI, Construction & Infrastructure, and Oil & Gas. This targeted approach allows investors to participate in the growth story of government-owned enterprises that have undergone significant transformation in recent years.

Fund Managers

Anand Sharma is the Current Fund Manager of ICICI Prudential PSU Equity Fund Direct Growth fund. Mr. Sharma is B.E (Computer Engineer) and Master of Management Studies from University of Mumbai. He brings extensive experience in equity research and portfolio management to the fund.

Under his management, the fund focuses on identifying value opportunities within the PSU space and capitalizing on the structural improvements in government-owned enterprises. His investment philosophy aligns with the fund's objective of generating long-term capital appreciation through selective PSU investments.

About the Fund House (AMC)

ICICI Prudential Mutual Fund is the second-largest mutual fund company in India in terms of Assets Under Management (AUM). It was established in 1993 as ICICI Prudential Asset Management Company Limited (a part of ICICI Group) where Prudential plc, came in as a joint venture (JV) partner.

Prudential plc is one of the largest companies in the financial services sector in the United Kingdom (UK). ICICI Bank holds a 51% stake in the JV and Prudential plc has 49%. With an experience of over two decades, ICICI Prudential Mutual Fund also offers Portfolio Management Services. As of December 2023, the AMC had an AUM of Rs. 6.4 lakh crores.

Key highlights of the fund house:

- AUM ₹983,726.26 Cr across all schemes

- No. of Schemes 331

- Strong track record in equity fund management

- Comprehensive research and investment capabilities

- Focus on delivering consistent long-term performance

Should I Invest in ICICI Prudential PSU Equity Fund?

This fund is suitable for investors who:

Target Investor Profile:

- In case you are an investor with a moderate risk profile and desire stability in your portfolio, along with diversification in terms of sectors invested in, the ICICI Prudential PSU Equity Fund Direct Plan-Growth plan may appeal to you

- You may also want to participate in the growth of fundamentally robust public sector companies

- Seeking exposure to the PSU theme and government policy reforms

- Have long-term investment horizon (5+ years)

- Can tolerate sector-specific volatility

Fund Performance Metrics (as of August 11, 2025):

- NAV: ₹21.05

- AUM: ₹1967.12 Cr

- Expense ratio: 0.87% (Direct Plan)

- CAGR of 29.09% since inception

- Fund launched on: August 23, 2022

Investment Considerations:

- The ICICI Prudential PSU Equity Fund Direct Growth is rated Very High risk

- Thematic funds can be volatile and performance depends on sector-specific factors

- The 1-year returns of this fund were -8.39% reflecting recent market volatility

- Best suited as part of a diversified portfolio rather than a standalone investment

FAQs

What is today's NAV of ICICI Prudential PSU Equity Fund?

The current NAV is ₹21.05 as of August 11, 2025. NAV is updated daily based on market movements of underlying securities.

What is the AUM of ICICI Prudential PSU Equity Fund?

The AUM is ₹1967.12 crore as of August 11, 2025. This represents the total market value of assets managed by the fund.

What is the expense ratio of ICICI Prudential PSU Equity Fund?

The expense ratio is 0.87% as of August 11, 2025 for the direct plan. This is the annual fee charged for managing the fund.

What are the returns of ICICI Prudential PSU Equity Fund since inception?

The fund has delivered a CAGR of 29.09% since inception. The fund was launched on September 12, 2022, making it relatively new with limited track record.

What is the minimum SIP amount to invest in ICICI Prudential PSU Equity Fund?

The minimum SIP amount is ₹100 and the minimum lump sum investment is ₹5,000.

How do I invest in ICICI Prudential PSU Equity Fund?

You can invest through Allvest's platform by selecting the fund, choosing investment amount, and completing KYC formalities. Alternatively, invest directly through the AMC website or authorized distributors.

How to start a SIP in ICICI Prudential PSU Equity Fund?

Log into Allvest, search for the fund, select SIP option, choose amount and date, complete payment setup. Your SIP will start from the selected date automatically.

How do I automate an SIP in ICICI Prudential PSU Equity Fund?

Use the Auto-Invest feature on investment platforms. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested automatically, ensuring consistent contributions without manual intervention.

How can I withdraw/redeem my investment in ICICI Prudential PSU Equity Fund?

Log into your Allvest account, select the fund units to redeem, specify amount, and submit request. Note the exit load of 1% if redeeming before 1 month from allotment date. Redemption proceeds are typically credited within 3-4 working days.