4 Equity Mutual Funds Focused on Investing in PSU Stocks  Sep 09, 2023

​PSUs have a long-standing presence in India. The sector contributes around 15% of India’s GDP.

Even during the COVID-19 pandemic, the reported profits of PSUs increased to Rs 520.12 crore in 2020-21 from Rs 346.36 crore in 2019-20, as per a Comptroller and Auditor General of India (CAG) report.

In FY 2022-23 as well, a number of PSUs reported encouraging profits. The reforms undertaken by the government, policy changes and adoption of technology, and helped PSUs.

Add Comments