Mutual Funds
LIC MF Banking & PSU Fund-Reg(G)
Debt  |   Moderate  |   Debt - Banking and PSU Fund
35.93   -0.01
NAV(₹) as on 20/3/2026 		-0.03%
  1D 		6.39%
  1Y 		7.00%
  3Y 		5.63%
  5Y
LIC MF Banking & PSU Fund-Reg(G)
Growth Chart of the Scheme

Scheme Details
Expense Ratio:
0.68 		Launch Date:
30 May 2007
Exit Load:
NIL 		AUM:
₹ 1,879.49 Crs
Lock-in:
Nil 		Investing Style:
High Mid
Portfolio Price To Book Value:
NA 		Min. Investment:
SIP : ₹ 200.00
Lumpsum : ₹ 5,000.00
Scheme Benchmark:
NIFTY Banking and PSU Debt Index
Fund Manager:
Pratik Shroff ,Rahul Singh

FUND OBJECTIVE

The primary investment objective of the Scheme is to seek to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks, public sector undertakings, public financial institutions and Municipal Bonds. There is no assurance that the investment objective of the Scheme will be realized.

LATEST ASSET & PORTFOLIO ALLOCATION Others Debt
as on 28/2/2026 5.29 % 94.71 %
TOP HOLDINGS

Tri-Party Repo (TREPS)
7.33 %

National Highways Authority of India - SR IV 08.37% (21-Jan-2029)
5.56 %

Canara Bank (28-Jan-2027)
5.01 %

HDFC Bank Ltd. (05-Aug-2026)
3.87 %

NLC India Ltd. SR-I 08.09% (29-May-2029)
3.48 %

Small Industries Development Bank of India SR III 07.34% (26-Feb-2029)
3.03 %

Indian Railway Finance Corpn Ltd. SR.181 07.37% (31-July-2029)
2.87 %

National Housing Bank 07.59% (14-Jul-2027)
2.83 %

REC Ltd. -SR-223 A 07.46% (30-Jun-2028)
2.82 %

National Bank For Agriculture & Rural Development SR-25G 07.48% (15-Sep-2028)
2.77 %

See All Holding
ALLOCATION BY MARKET CAP (Equity)

No Data

ALLOCATION BY RATING (Debt & Others)
ALLOCATION BY SECTOR

No Data

PORTFOLIO CHARACTERISTICS (Debt)

Average Maturity

Modified Duration

Yield to Maturity

3.4 (in years)

2.27 (in years)

6.66 %

5 YEAR HISTORY

Financial Year 2021-22 2022-23 2023-24 2024-25 2025-26
NAV (20/3/2026) 28.32 29.42 31.50 34.05 35.93
Net Assets (Rs Crores) 1,34,831.01 1,13,423.63 1,36,271.04 1,70,180.58 1,87,948.89
Scheme Returns(%)(Absolute) 3.19 3.81 7.03 8.06 5.06
B'mark Returns(%)(Absolute) NA NA NA NA NA
Category Rank 21/22 12/23 13/24 7/23 14/22
RISKOMETER
Level of Risk in the Scheme

Clients will understand that their principal will be at Moderate risk.

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

Fund Details Inception Date Aum(₹ Crs) 1Y 3Y 5Y Since Inception
MDB Logo
Bajaj Finserv Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  11.75   +-0.01  
13/11/2023 ₹ 332.61 6.13% - - 7.12%
MDB Logo
Canara Rob Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  12.43   +-0.01  
22/8/2022 ₹ 194.15 5.60% 6.61% - 6.27%
MDB Logo
ITI Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  13.46   +0.00  
22/10/2020 ₹ 37.58 6.02% 6.74% 5.94% 5.65%
MDB Logo
Mirae Asset Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  13.34   +-0.01  
24/7/2020 ₹ 43.67 5.88% 6.78% 5.60% 5.23%
MDB Logo
HSBC Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  25.08   +-0.01  
20/9/2007 ₹ 4,431.12 6.47% 6.85% 5.38% 5.09%
MDB Logo
Bandhan Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  25.45   +0.00  
7/3/2013 ₹ 12,536.08 6.15% 6.93% 5.86% 7.43%
MDB Logo
SBI Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  3218.86   +-1.98  
12/10/2009 ₹ 4,025.08 6.36% 6.99% 5.72% 7.36%
MDB Logo
Axis Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  2727.18   +-1.09  
12/6/2012 ₹ 12,838.53 6.47% 6.99% 5.86% 7.55%
MDB Logo
LIC MF Banking & PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  35.93   +-0.01  
31/5/2007 ₹ 1,879.49 6.39% 7.00% 5.63% 7.03%
MDB Logo
Nippon India Banking and PSU Fund(G)
Debt - Banking and PSU Fund  |   Moderate |  21.38   +-0.01  
15/5/2015 ₹ 5,293.59 6.07% 7.02% 5.97% 7.25%