MI
Marzban IraniFund Manager Since 10 Aug 2016
Fixed IncomeBanking & PSU
LIC MF Banking & PSU Fund Direct Plan Growth Option
3Y Annualised
7.41%
0.02% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
1.14%
0.02% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
9 years 8 months
NIFTY 50
5 years 5 months
FD
9 years 7 months
Fund info
Fund size
₹1701.81 Cr
Min. SIP amount
₹1000
Min. Lumpsum amount
₹5000
Exit load
0%
Exit Load: Nil
Risk Profile
Moderate Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Banking and PSU Debt Fund Bonus
2.46%
2nd
ICICI Prudential Banking and PSU Debt Fund Retail Plan Growth
2.42%
3rd
ICICI Prudential Banking and PSU Debt Fund Retail Plan Daily Payout of Inc Dist cum Cap Wdrl
2.28%
4th
ICICI Prudential Banking and PSU Debt Fund Retail Plan Daily Rnvstmnt of Inc Dist cum Cap Wdrl
2.28%
5th
Baroda BNP Paribas Banking and PSU Bond Fund Direct Quarterly Pyt of Inc Dis cum Cap Wdrl
1.20%
27th
LIC MF Banking & PSU Fund Direct Plan Growth Option
1.14%
Fund Managers
SP
Sanjay PawarFund Manager Since 1 Jan 2022
About LIC MF Banking & PSU Fund Direct Plan Growth Option
LIC MF Banking & PSU Fund Direct Plan Growth Option is a Fixed Income mutual fund scheme from LIC Mutual Fund Asset Management Limited. This fund has been in existence for 12 years, having been launched on 2013-01-01. LIC MF Banking & PSU Fund Direct Plan Growth Option has ₹1701.81 Cr worth of assets under management (AUM) as of Fri May 09 2025. The latest Net Asset Value (NAV) of LIC MF Banking & PSU Fund Direct Plan Growth Option as of Mon May 05 2025 is ₹37.2911. The fund has an expense ratio of 0.28%, which is medium comparable to most other Fixed Income funds.
LIC MF Banking & PSU Fund Direct Plan Growth Option returns for the last 1 year are 9.97%. Since launch, it has delivered 7.56% average annual returns.
The LIC MF Banking & PSU Fund Direct Plan Growth Option has the majority of its money invested in null sectors.
Top 5 Holdings of LIC MF Banking & PSU Fund Direct Plan Growth Option.
- Small Industries Development Bank Of India: 4.61%
- 7.1% Govt Stock 2034: 4.11%
- NLc India Limited: 3.89%
- Export-Import Bank Of India: 3.29%
- Rural Electrification Corporation Limited: 3.12%
AMC Information
| Name | LIC Mutual Fund Asset Management Limited |
|---|---|
| Founding Date | 2013-01-01 |
| cs.co@licmf.com | |
| Phone | +91 022-66016000 |
| Website | www.licmf.com |
| Address | LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station, |
Tax Implications of LIC MF Banking & PSU Fund Direct Plan Growth Option
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from LIC Mutual Fund Asset Management Limited
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EquityLarge-Cap
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expense ratio
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expense ratio
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LIC MF Nifty Next 50 Index Growth
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LIC MF Conservative Hybrid Fund Direct Plan Growth Option
AllocationConservative Allocation
3Y CAGR
7.65%
expense ratio
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fund size
₹50.24 Cr
LIC MF Conservative Hybrid Fund Growth
AllocationConservative Allocation
3Y CAGR
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expense ratio
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fund size
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FAQs
What is the current NAV of LIC MF Banking & PSU Fund Direct Plan Growth Option?
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How do I invest in LIC MF Banking & PSU Fund Direct Plan Growth Option?
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What are net assets under management (AUM) of LIC MF Banking & PSU Fund Direct Plan Growth Option?
What is the PE and PB ratio of LIC MF Banking & PSU Fund Direct Plan Growth Option?
What are the top 5 holdings of LIC MF Banking & PSU Fund Direct Plan Growth Option?
What are the top 3 sectors that LIC MF Banking & PSU Fund Direct Plan Growth Option has invested in?
Who is the manager of LIC MF Banking & PSU Fund Direct Plan Growth Option?
What is the exit load of LIC MF Banking & PSU Fund Direct Plan Growth Option?
How to Redeem LIC MF Banking & PSU Fund Direct Plan Growth Option?
Can I invest in SIP and a Lump Sum of LIC MF Banking & PSU Fund Direct Plan Growth Option?
