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Fixed IncomeBanking & PSU

LIC MF Banking & PSU Fund Direct Plan Growth Option

3Y Annualised

7.41%

0.10% 1D

Fund Performance

Fund Multiplier

Fund Info

Peer Comparison

Fund Managers

AMC Details

Performance

1M Returns

1.61%

0.10% 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 6 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

Fund Managers

MI
Marzban IraniFund Manager Since 10 Aug 2016
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 Wed Apr 30 2025. The latest Net Asset Value (NAV) of LIC MF Banking & PSU Fund Direct Plan Growth Option as of Wed Apr 30 2025 is ₹37.2454. 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 10.04%. 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.

  1. Small Industries Development Bank Of India: 4.61%
  2. 7.1% Govt Stock 2034: 4.11%
  3. NLc India Limited: 3.89%
  4. Export-Import Bank Of India: 3.29%
  5. Rural Electrification Corporation Limited: 3.12%

AMC Information

NameLIC Mutual Fund Asset Management Limited
Founding Date2013-01-01
Emailcs.co@licmf.com
Phone+91 022-66016000
Websitewww.licmf.com
AddressLIC 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 GainsIncome tax rate applicable to the Unitholders as per their income slabs.
Long Term GainsIncome tax rate applicable to the Unitholders as per their income slabs.

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₹1,000+ cr

AUM

1+ Lac

Investors

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