
LIC MF Banking & PSU Debt Fund Direct Growth
LIC MF Banking & PSU Debt Fund Direct Growth
as on 06 Nov 2026
LIC MF Banking & PSU Debt Fund Direct Growth is a Debt mutual fund scheme launched on 01 Jan 2013. The current NAV stands at ₹40.2451 as of 06 Nov 2026.
Scheme Overview
- Inception Date : 01 Jan 2013
- AUM : ₹1,592.54 Cr
- 5Y Returns (CAGR) : 6.33%
- Expense Ratio : 0.28%
- Min. SIP : ₹200
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 35.37 L
6.33%
Total Investment
₹ 30,00,000
Returns
₹ 5,36,807 (6.33%)
Maturity Value
₹ 35,36,807
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.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 1,592.54 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹1,592.54 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 15 Jun 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 100.00% |
Stock Holdings
as of 15 Jun 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() N National Highways Authority Of India | 5.74% | |
![]() C Canara Bank | 5.17% | |
![]() S SIDBI-7.34%-26022029-NCD | 4.55% | |
![]() T Treps | 4.44% | |
![]() N Nuclear Power Corporation Of India Limited | 3.36% | |
![]() N NLc India Limited | 3.33% | |
![]() R Rec Limited | 2.91% | |
![]() N NABARD-7.48%-15092028-NCD | 2.86% | |
![]() S Small Industries Development Bank Of India | 2.84% | |
![]() J JIOCL-7.05%-13102027-NCD | 2.81% | |
![]() J Jamnagar Utilities & Power Private Limited | 2.79% | |
![]() I IRFCL-7.37%-31072029-NCD | 2.75% | |
![]() B BTL 7.75% 2028 SR XXIX | 2.74% | |
![]() G GOI LOAN 6.90% 2065 | 2.74% | |
![]() N NHB-7.59%-14072027-NCD | 2.72% | |
![]() G GOI TBILL 91D-13/08/26 | 2.68% | |
![]() H HDFC Bank Limited | 2.60% | |
![]() K Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 2.60% | |
![]() B Bank Of Baroda | 2.59% | |
![]() I ICICI Bank Limited | 2.59% | |
![]() P Punjab National Bank | 2.58% | |
![]() N National Bank For Financing Infrastructure And Development | 2.57% | |
![]() P PFCL-7.42%-15042028-NCD | 2.22% | |
![]() N National Bank For Agriculture And Rural Development | 2.16% | |
![]() N Net Receivables / (Payables) | 1.77% | |
![]() G GOI LOAN 6.68% 2040 | 1.60% | |
![]() T TCHFL-7.123%-21072027-NCD | 1.43% | |
![]() H Housing And Urban Development Corporation Limited | 1.42% | |
![]() P PFCL-6.73%-15102027-NCD | 1.41% | |
![]() R Rural Electrification Corporation Limited | 1.40% | |
![]() N National Bank For Agriculture And Rural Development | 1.40% | |
![]() N NABARD-6.66%-12102028-NCD | 1.39% | |
![]() G GOI LOAN 7.71% 2066 | 1.38% | |
![]() P PFCL 6.96% 2028 SR 259A | 1.37% | |
![]() N NABARD-7.62%-10052029-NCD | 1.37% | |
![]() R RECL-7.58%-31052029-NCD | 1.37% | |
![]() P Power Finance Corporation Limited | 1.37% | |
![]() B Bajaj Housing Finance Limited | 1.36% | |
![]() S SIDBI-7.49%-11062029-NCD | 1.36% | |
![]() R RECL-6.87%-31052030-NCD | 1.34% | |
![]() G GOI LOAN 7.41% 2036 | 0.87% | |
![]() N Nuclear Power Corporation Of India Limited | 0.84% | |
![]() I IRFCL-6.47%-30052028-NCD | 0.81% | |
![]() P PFCL-6.61%-15072028-NCD | 0.80% | |
![]() E EXIM 7.45% 2028 SR Z01 | 0.56% | |
![]() S SDL MH 7.57% 2036 | 0.55% | |
![]() N National Bank For Agriculture And Rural Development | 0.54% | |
![]() G GOI LOAN 6.48% 2035 | 0.53% | |
![]() S Sbi Cdmdf--A2 | 0.29% | |
![]() S SDL MH 6.9% 2030 | 0.28% | |
![]() G GOI LOAN 7.3% 2053 | 0.27% | |
![]() G GOI LOAN 7.1% 2034 | 0.14% | |
![]() H HDFC Bank Limited | 0.00% | |
![]() P Punjab National Bank | 0.00% |
Fund Comparison
Fund Details
52W High NAV
₹ 40.2469
Min. SIP Amount
₹ 200.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 1,592.54
Expense Ratio
0.28%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 38.5069
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 | Qualification |
|---|---|
| Rahul Singh | B.SC Economic Hons. and hold a PGDM FROM IIM-A. |
| Pratik Harish Shroff | 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
AMC Information
LIC Mutual Fund
No. of Schemes
33
Total AUM
₹ 40,766.64 Cr
Contact Details
4th Floor, Industrial InsuranceBuilding, Opp.Churchgate StatiMumbai 400 020.
Contact Details
4th Floor, Industrial InsuranceBuilding, Opp.Churchgate StatiMumbai 400 020.
FAQs
When was LIC MF Banking & PSU Debt Fund launched?
What is the current NAV of LIC MF Banking & PSU Debt Fund?
What is the AUM of LIC MF Banking & PSU Debt Fund?
What is the rate of return of LIC MF Banking & PSU Debt Fund?
- In the past 1Y: 4.61%
- In the past 3Y: 7.23%
- In the past 5Y: 6.33%
What is the expense ratio of LIC MF Banking & PSU Debt Fund?
What is exit load of LIC MF Banking & PSU Debt Fund?
How risky is investing in LIC MF Banking & PSU Debt Fund?
Who is the fund manager LIC MF Banking & PSU Debt Fund?
What is the minimum investment required in LIC MF Banking & PSU Debt Fund?
How to invest in LIC MF Banking & PSU Debt Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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