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Banking & PSU Debt📊 NIFTY Banking & PSU Debt Index(SEBI default)

LIC MF Banking and PSU Fund · Regular · Growth

LIC Mutual Fund

#12 of 21 (1Y)

NAV

₹36.4965

as of 17 Jun 2026

Expense Ratio

0.68%

AUM

₹1,867 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+4.39%
3Y
+6.78%
5Y
+5.69%
Since Inception
+7.03%

SIP returns (XIRR)

1Y
+4.92%
3Y
+6.57%
5Y
+6.39%
Since Inception
+6.74%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹1,14,500

Invested

₹2,26,808

Value today

6.7%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹3,640

Value today

7.0%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹11,45,000

Withdrawn

₹13,71,839

Corpus left

+₹15,16,839 net gain — withdrew ₹11,45,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,45,222

Value today

1.5×

Multiple

Staying invested through that crash turned ₹1L into ₹1,45,222 — a 1.5× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

0.19

Sharpe Ratio

Alpha

Beta

0.21

Sortino

1.29%

Std Dev

-0.60%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseLIC Mutual Fund
CategoryBanking & PSU Debt
BenchmarkNIFTY Banking & PSU Debt Index
Launch Date31 May 2007
AMFI Code105823
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹100

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 30 Apr 2026
Holding% NAV

Investment Objective

LIC MF Banking and PSU Fund · Regular · Growth by LIC Mutual Fund is a Banking & PSU Debt fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Banking & PSU Debt category.

About This Fund

LIC MF Banking and PSU Fund · Regular · Growth is a Banking & PSU Debt mutual fund offered by LIC Mutual Fund. The fund has been operational for over 19 years. It manages assets worth ₹1,867 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY Banking & PSU Debt Index. The current expense ratio is 0.68%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations