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LIC MF Banking & PSU Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020

LIC MF Banking & PSU Fund Growth Fund Overview

Min. investment

SIP ₹200 & Lump. ₹5000

AUM (Fund size)

₹1,866 Cr

Lock In Period

N/A

Expense Ratio

0.64

Exit Load

Nil

Benchmark

Nifty Banking & PSU Debt Index A-II

LIC MF Banking & PSU Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.44-0.172.46
6M2.962.385.84
1Y4.474.239.60
3Y6.8312.5328.10

Portfolio Analysis

  • Equity:
  • Debt: 99.72%
  • Others
As on: 2026-07-15
View allocation % by

About Fund LIC MF Banking & PSU Fund Growth

LIC MF Banking & PSU Fund Growth managed by LIC Mutual Fund,is a Banking & PSUscheme with Assets Under Management of ₹1,866 Crore. The fund benchmarks its performance against the Nifty Banking & PSU Debt Index A-II while maintaining an expense ratio of 0.64. 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
SBI Banking & PSU Fund Growth13,999 CR0.79
Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan - Growth Growth08,915 CR0.65
LIC MF Banking & PSU Fund Growth11,865 CR0.64
Kotak Banking and PSU Debt Fund - Growth54,993 CR0.75
Franklin India Banking & PSU Debt Fund Growth4582 CR0.51
Fund Name1Y3Y
This FundSBI Banking & PSU Fund Growth4.642121.8915
This FundAditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan - Growth Growth4.538221.9098
This FundLIC MF Banking & PSU Fund Growth4.468521.9175
This FundKotak Banking and PSU Debt Fund - Growth5.143822.9722
This FundFranklin India Banking & PSU Debt Fund Growth5.791623.2629

LIC MF Banking & PSU Fund Growth 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 0.64. 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 : 0.44%
  • 6 Months : 2.96%
  • 1 Year : 4.47%
  • 3 Years : 6.83%
Returns of LIC MF Banking & PSU Fund Growth are updated daily based on NAV of ₹ 36.7403 as on Jul 24,2026. Since inception, the return has been 21.92%.

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 ₹1,866 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.