Since last many years PSU basket is been consistent under-performer.
BSE PSU Index basket is trading at single digit PE and below the book value.
We believe , PSU Index currently at 4860 level should test 7500-8000 level in next 1-2 years. BPCL and concor Disinvestment are on card. Also 2 Big PSU IPO LIC and SBI Card will hit the primarily market in next 1 years.
Best way to invest in PSU basket is via PSU Fund. (Note: This is our internal tactical investment call and investor should consult with their advisor before any investment )