LIC MF Banking & PSU Debt Fund Direct Plan Growth Option

Moderate Risk
Fixed Income
Banking and PSU

NAV as on Aug 14, 2026

Price per unit of the scheme.

₹ 40.06560.03%1 Day Change

0.77%

Minimum Investment₹5000

Expense Ratio0.28%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

LIC MF Banking & PSU Debt Fund Direct Plan Growth Option

Fixed Income: Banking and PSU Average NAV

Topper in Fixed Income: Banking and PSU

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

LIC MF Banking & PSU Debt Fund Direct Plan Growth Option

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

NIFTY Banking & PSU Debt TR INR

Expense Ratio

0.28%

Category Avg Expense Ratio

0.34%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 1,865.90 Cr(As on Jun, 2026)

Inception Date

Jan 01, 2013

Turnover

- %

Exit Load

Exit Load: Nil

Objective: The primary investment objective of the Scheme is to seek to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks, public sector undertakings, public financial institutions and Municipal Bonds. There is no assurance that the investment objective of the Scheme will be realized.

LIC MF Banking & PSU Debt Fund Direct Plan Growth Option is an Fixed Income - Banking and PSU fund. The fund was launched inJan 01, 2013. Its risk level is . The NAV of the fund as onAug 14, 2026 is ₹40.07. Its expense ratio is 0.28 %. The fund has an AUM of ₹1,865.90 Cr.The fund is managed byMarzban Irani,Sanjay Pawar,Pratik Shroff,Rahul Singh.
The minimum initial investment is ₹5000 in Lumpsum mode.

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DETAILED PORTFOLIO

As on Jul, 2026

EQUITY (-%)

DEBT (74.56%)

CASH (25.15%)

Allocation by Market Cap

Other Cap(0.29%)

Industry Holdings

No Data For Allocation

Stock Holdings

No Data For Allocation

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth ₹ 42,093.22 crores. It’s current offering of mutual fund schemes includes 12 equity, 7 debt and 6 hybrid schemes.

Phone

+91 022-66016000

cs.co@licmf.com

AUM

₹ 42,093.22 Cr (

As on Jun 30, 2026

)

Address

4th Floor, Industrial Assurance Building, Mumbai,400 020

FAQs

What is the category of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option ?

The category of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option is Fixed Income - Banking and PSU

What is the current NAV of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option ?

The current NAV of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option as on Aug 14, 2026 is ₹40.07

How safe is LIC MF Banking & PSU Debt Fund Direct Plan Growth Option ?

The risk level of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option is Moderate.

What are short term returns given by LIC MF Banking & PSU Debt Fund Direct Plan Growth Option ?

The return given by LIC MF Banking & PSU Debt Fund Direct Plan Growth Option in 1 month is 0.77%, 3 months is 2.51%, 6 months is 3.20%, and 1 year is 5.70%

What are the long term returns given by LIC MF Banking & PSU Debt Fund Direct Plan Growth Option ?

The return given by LIC MF Banking & PSU Debt Fund Direct Plan Growth Option in 3 years is 7.51% and 5 years is 6.36%.

What is the expense ratio of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option ?

The expense ratio of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option is 0.28%

What is the AUM of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option ?

The assets under Management (AUM) of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option is Rs 1,865.90 crores.

What is the minimum investment in LIC MF Banking & PSU Debt Fund Direct Plan Growth Option ?

The minimum Lumpsum investment in LIC MF Banking & PSU Debt Fund Direct Plan Growth Option is ₹5,000.00 and the minimum SIP investment in LIC MF Banking & PSU Debt Fund Direct Plan Growth Option is ₹1,000.00

What is the asset allocation of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option?

LIC MF Banking & PSU Debt Fund Direct Plan Growth Option has an exposure of 74.56% in Debt and 25.15% in Cash & Money Market Securities