
L
LIC MF Banking & PSU Fund Direct - Growth
5 Year Absolute Returns
NAV (₹) on 06 Mar 2026
38.9137
1 Day NAV Change (₹)
-0.00234
Morningstar
3
Value Research
About Fund
NAV
NIFTY50
NAV
NIFTY50
Returns Calculator
Based on Annualised Returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 35.28 L
6.24%
Total Investment
₹ 30,00,000
Returns
₹ 5,28,356 (17.61%)
Maturity Value
₹ 35,28,356
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Returns Comparison
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*The above returns are absolute.
Returns Vs Nifty 50
Historical Returns
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Start SIP with as Low as ₹100.
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Asset Allocation
AUM
₹1,879.49 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
Sorry, No Data Available at this Moment!
Stock Holdings
Sorry, No Data Available at this Moment!
Fund Comparison
Fund Details
52W High NAV
₹ 38.9346
Min. SIP Amount
₹ 200.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 1,879.49
Expense Ratio
0.28%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 36.1863
Inception Date
01 Jan 2013
Fund Age
13 Yrs
Benchmark
Nifty Banking & PSU Debt Index A-II
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
Tax Implication
- Returns to be taxed as per your normal Income Tax slab.
Fund Managers
Name
Rahul Singh
Qualification
B.SC Economic Hons. and hold a PGDM FROM IIM-A.
Name
Pratik Harish Shroff
Qualification
Executive Programme in Applied Finance - Indian Institute of Management, Calcutta Financial Risk Manager (FRM) - GARP Chartered Financial Analyst (CFA) - CFA Institute M.Com - University of Mumbai B.Com - University of Mumbai
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.
Risk-O-Meter
Investors understand that their principal will be at
Moderate Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
Explained by the Fund Manager
Get a deeper understanding of LIC Banking and PSU Fund straight from the expert. Here the fund manager has given a break down the fund’s investment objective, portfolio composition, and strategy. Learn how the holdings are selected, the sectors in focus, and what makes this scheme stand out. Whether you're an existing investor or currently evaluating the fund, this video offers valuable insights to help you make informed decisions.
AMC Information
LIC Mutual Fund
Funds Managed
34
Assets Managed (₹ Cr)
₹ 41,051.24
Contact Details
Registered Address
4th Floor, Industrial InsuranceBuilding, Opp.Churchgate StatiMumbai 400 020.
Open NFOs
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View AllFAQs
When was LIC MF Banking & PSU Fund launched?
What is the current NAV of LIC MF Banking & PSU Fund?
What is the AUM of LIC MF Banking & PSU Fund?
What is the rate of return of LIC MF Banking & PSU Fund?
- In the past 1Y: 7.58%
- In the past 3Y: 7.77%
- In the past 5Y: 6.24%
What is the expense ratio of LIC MF Banking & PSU Fund?
What is exit load of LIC MF Banking & PSU Fund?
How risky is investing in LIC MF Banking & PSU Fund?
Who is the fund manager LIC MF Banking & PSU Fund?
What is the minimum investment required in LIC MF Banking & PSU Fund?
How to invest in LIC MF Banking & PSU Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.



