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This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹200 & Lump. ₹5000

AUM (Fund size)

₹1,865 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 ₹36.036 NAV as of Apr 30,2026 and returns since inception of 21.41%. 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 0.70% returns, against a category average of 1.84% and a category best of 2.46%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.701.842.46
6M1.451.875.84
1Y4.345.559.60
3Y6.6813.5628.10

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 FundNippon India Banking and PSU Fund Growth45188.04 CR0.77
This FundLIC MF Banking & PSU Fund Growth11865.49 CR0.68
This FundICICI Prudential Banking and PSU Debt Fund Growth59174.97 CR0.73
This FundFranklin India Banking & PSU Debt Fund Growth4475.78 CR0.47
Fund Name1Y3Y
This FundInvesco India Banking and PSU Fund Growth4.005221.3722
This FundNippon India Banking and PSU Fund Growth4.037321.384
This FundLIC MF Banking & PSU Fund Growth4.336821.4081
This FundICICI Prudential Banking and PSU Debt Fund Growth4.841622.6283
This FundFranklin India Banking & PSU Debt Fund Growth5.893422.9873

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 : 0.70%
  • 6 Months : 1.45%
  • 1 Year : 4.34%
  • 3 Years : 6.68%
Returns of LIC MF Banking & PSU Fund Growth are updated daily based on NAV of ₹ 36.036 as on Apr 30,2026. Since inception, the return has been 21.41%.

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