PSU MFs outshine with up to 99% return in 1 year! Will Budget turbocharge your wealth?

PSU mutual funds, including SBI and Invesco India PSU Equity Funds, achieved up to 99% returns due to government support, privatization, rising commodity prices, and initiatives like Make in India. Analysts recommend caution for sector-specific investments. Union Budget 2024 may enhance profitability of public sector banks.