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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹200 & Lump. ₹5000

AUM (Fund size)

₹1,865 Cr

Lock In Period

N/A

Expense Ratio

0.68

Benchmark

Nifty Banking & PSU Debt Index A-II

Exit Load

Nil

Summary

Latest details for LIC MF Banking & PSU Fund Growth include a ₹36.0803 NAV as of Apr 24,2026 and returns since inception of 21.82%. Minimum investments start at SIP ₹200. The LIC MF Banking & PSU Fund Growth AUM is ₹1,865 Cr, with a lock-in of N/A years, expense ratio of 0.68%, and benchmark Nifty Banking & PSU Debt Index A-II. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.69% returns, against a category average of 2.33% and a category best of 2.46%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.692.332.46
6M1.601.565.84
1Y4.475.409.60
3Y6.8016.4428.10

Portfolio Analysis

  • Equity:
  • Debt: 99.71%
  • Others
As on: 2026-04-15
View allocation % by

1. 8.37% National Highways Authority of India5.62%
2. 8.09% NLC India Ltd.3.51%
3. Treps3.32%
4. 7.34% Small Industries Development Bk of India3.06%
5. 7.59% National Housing Bank2.87%
6. 7.46% REC Ltd.2.85%
7. 7.48% National Bk for Agriculture & Rural Dev.2.80%
8. 7.83% Small Industries Development Bk of India2.79%
9. 7.05% Jio Credit Ltd.2.76%
10. 7.43% Jamnagar Utilities & Power Pvt. Ltd.2.73%
11. 6.9% Government of India2.70%
12. 7.75% Bharti Telecom Ltd.2.70%
13. 7.37% Indian Railway Finance Corporation Ltd.2.69%
14. National Bk for Financing Infra and Dev2.53%
15. 7.42% Power Finance Corporation Ltd.2.17%
16. 6.49% National Bk for Agriculture & Rural Dev.2.11%
17. 7.62% National Bk for Agriculture & Rural Dev.1.44%
18. 7.58% REC Ltd.1.44%
19. 8.54% REC Ltd.1.43%
20. 7.49% Small Industries Development Bk of India1.43%
21. 7.41% Government of India1.41%
22. 6.87% REC Ltd.1.40%
23. 6.64% Housing & Urban Development Corp Ltd.1.39%
24. 6.73% Power Finance Corporation Ltd.1.38%
25. 8.14% Nuclear Power Corporation1.37%
26. 6.66% National Bk for Agriculture & Rural Dev.1.36%
27. 6.68% Government of India1.30%
28. 6.61% Power Finance Corporation Ltd.0.84%
29. 8.13% Nuclear Power Corporation0.82%
30. 6.47% Indian Railway Finance Corporation Ltd.0.79%
31. 7.57% State Government of Maharashtra0.60%
32. 6.57% National Bk for Agriculture & Rural Dev.0.56%
33. 7.45% Export Import Bank of India0.55%
34. 7.3% Government of India0.27%
35. Net Receivables / (Payables)0.19%
36. 7.1% Government of India0.14%

1. HDFC Bank Ltd.6.50%
2. Kotak Mahindra Bank Ltd.3.85%
3. ICICI Bank Ltd.2.55%
4. Axis Bank Ltd.1.31%

1. Canara Bank5.09%
2. Punjab National Bank5.08%
3. Bank of Baroda2.55%
4. 7.43% National Bk for Agriculture & Rural Dev.1.36%

1. 182 DAYS TBILL RED 08-05-20262.67%

1. 7.4% Power Finance Corporation Ltd.1.43%

About Fund

LIC MF Banking & PSU Fund Growth managed by LIC Mutual Fund,is a Banking & PSUscheme with Assets Under Management of ₹1,865 Crore. The fund benchmarks its performance against the Nifty Banking & PSU Debt Index A-II while maintaining an expense ratio of 0.68. Under the expert guidance of Rahul Singh ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Rahul Singh

Mr. Rahul Singh Holds Bsc Economics Hons., PGDM (MBA) - IIM-Ahmedabad. His prior assignments include Dealer - Fixed Income - BOI AXA Investment Managers (August 2009 - August 2015), Credit Analyst - ING Investment Management (May 2008 - August 2009), Internship - Standard Chartered Bank (April 2007 - May 2007), Research Analyst - Ashika Capital (Jan 2004 to April 2006.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundInvesco India Banking and PSU Fund Growth097.35 CR0.63
This FundAxis Banking & PSU Debt Fund Growth312643.12 CR0.62
This FundLIC MF Banking & PSU Fund Growth11865.49 CR0.68
This FundFranklin India Banking & PSU Debt Fund Growth4475.78 CR0.47
This FundICICI Prudential Banking and PSU Debt Fund Growth59174.97 CR0.73
Fund Name1Y3Y
This FundInvesco India Banking and PSU Fund Growth4.125121.7602
This FundAxis Banking & PSU Debt Fund Growth4.909221.7968
This FundLIC MF Banking & PSU Fund Growth4.466821.8194
This FundFranklin India Banking & PSU Debt Fund Growth5.801823.1119
This FundICICI Prudential Banking and PSU Debt Fund Growth5.028423.1193

FAQs

LIC MF Banking & PSU Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of LIC MF Banking & PSU Fund Growth is 0.68. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

LIC MF Banking & PSU Fund Growth’s fund performance is as follows:
  • 1 Month : 0.69%
  • 6 Months : 1.60%
  • 1 Year : 4.47%
  • 3 Years : 6.80%
Returns of LIC MF Banking & PSU Fund Growth are updated daily based on NAV of ₹ 36.0803 as on Apr 24,2026. Since inception, the return has been 21.82%.

You can invest in LIC MF Banking & PSU Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of LIC MF Banking & PSU Fund Growth is ₹1,865 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in LIC MF Banking & PSU Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500