Business Today
Subscribe
NRICareer & JobsUS NewsIn PicsWeatherPetrol PricesDiesel PricesPMS TodayBT Reels
BT India at 100BT Infra SummitEY Business Today Hidden Gems 2026
Search
Advertisement
Business News
mutual funds
lic mf banking & psu debt fund direct plan growth option
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option

LIC MF Banking & PSU Debt Fund Direct Plan Growth Option

  • Moderate Risk
  • Fixed Income
  • Banking and PSU
Share
  • Whatsapp
  • Twitter
  • Facebook
NAV as on Aug 24, 2026
i
Price per unit of the scheme.
₹ 39.97320.04%1 Day Change
0.40%
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.
4
Scheme Rating
*Morningstar Rating Methodologyi
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

1M3M6M1Y3Y5Y
This Fund
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option
VS
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
    Share
    • Whatsapp
    • Twitter
    • Facebook

    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
    ₹ 1,869.28 Cr(As on Jul, 2026)
    Inception Date
    Jan 01, 2013
    Turnover
    - %
    Exit Load
    Exit Load: Nil

    ABOUT THE FUND

    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 24, 2026 is ₹39.97. Its expense ratio is 0.28 %. The fund has an AUM of ₹1,869.28 Cr.The fund is managed byMarzban Irani,Sanjay Pawar,Pratik Shroff,Rahul Singh.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

    SUBSCRIBE TO
    BUSINESS TODAY MAGAZINE
    Subscribe Now
    Already a subscriber?Login

    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

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

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

    company icon
    LIC Mutual Fund Asset Management Limited
    LIC Mutual Fund Asset Management Limited manages assets worth ₹ 46,185.03 crores. It’s current offering of mutual fund schemes includes 12 equity, 7 debt and 6 hybrid schemes.
    phone icon
    Phone
    +91 022-66016000
    mail icon
    Email
    cs.co@licmf.com
    aum
    AUM
    ₹ 46,185.03 Cr (
    As on Jul 31, 2026
    )
    location
    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 24, 2026 is ₹39.97
    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 0.40%, 3 months is 2.58%, 6 months is 2.81%, and 1 year is 5.52%
    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 7.37% and 5 years is 6.28%.
    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 1,869.28 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

    CALCULATORS

    calculatorIncome Tax Calculatorsip calculatorSIP Calculatorfd calculatorFD Calculatordividend yield calculatorDividend Yield Calculatorlump sum calculatorLump-Sum Calculatorcagr calculator CAGR Calculatortop up sip calculatorTop-Up Calculatorlatter factor calculatorLatte Factor Calculator

    Top Stories