Return
- 1M
- 3M
- 6M
- 1Y
- 3Y
- 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020
Fund Overview
Min. investment
SIP ₹200 & Lump. ₹5000
AUM (Fund size)
₹1,864 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 ₹35.8379 NAV as of Mar 24,2026 and returns since inception of 22.15%. Minimum investments start at SIP ₹200. The LIC MF Banking & PSU Fund Growth AUM is ₹1,864 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 -0.22% returns, against a category average of -2.35% and a category best of 2.46%.
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | -0.22 | -2.35 | 2.46 |
| 6M | 1.64 | 0.09 | 5.84 |
| 1Y | 6.01 | 4.26 | 9.60 |
| 3Y | 6.90 | 15.03 | 28.10 |
Portfolio Analysis
- Equity:
- Debt: 99.71%
- Others
As on: 2026-02-28
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About Fund
LIC MF Banking & PSU Fund Growth managed by LIC Mutual Fund,is a Banking & PSUscheme with Assets Under Management of ₹1,864 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.
Peer Comparison
| Fund Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| This FundAxis Banking & PSU Debt Fund Growth | 3 | 12717.51 CR | 0.62 |
| This FundDSP Banking & PSU Debt Fund Growth | 2 | 3555.76 CR | 0.61 |
| This FundLIC MF Banking & PSU Fund Growth | 1 | 1863.96 CR | 0.68 |
| This FundICICI Prudential Banking and PSU Debt Fund Growth | 5 | 9293.41 CR | 0.73 |
| This FundFranklin India Banking & PSU Debt Fund Growth | 4 | 476.37 CR | 0.47 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundAxis Banking & PSU Debt Fund Growth | 6.1323 | 22.0844 |
| This FundDSP Banking & PSU Debt Fund Growth | 5.162 | 22.1039 |
| This FundLIC MF Banking & PSU Fund Growth | 6.0146 | 22.1547 |
| This FundICICI Prudential Banking and PSU Debt Fund Growth | 6.1626 | 23.267 |
| This FundFranklin India Banking & PSU Debt Fund Growth | 6.9275 | 23.3649 |
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 : -0.22%
- 6 Months : 1.64%
- 1 Year : 6.01%
- 3 Years : 6.90%
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 ₹1,864 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