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

LIC MF Banking & PSU Fund-Regular Plan-Growth

LIC Mutual Fund

#12 of 21 (1Y)

₹36.0928

0.02 (+0.07%)

NAV as of 29 May 2026

Today's NAV — all variants

Regular · Growth

₹₹36.0928

0.02 (+0.07%)

29 May 2026

AMFI: 105823

Direct · Growth

₹₹39.0880

0.03 (+0.07%)

29 May 2026

AMFI: 120338

Regular · IDCW

₹₹10.3763

0.01 (+0.07%)

29 May 2026

AMFI: 105857

Direct · IDCW

₹₹10.0463

0.01 (+0.07%)

29 May 2026

AMFI: 120336

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week-0.20%
1 Month-0.39%
3 Months+0.22%
6 Months+0.89%
1 Year+3.06%
3 Years (CAGR)+6.38%
5 Years (CAGR)+5.42%
10 Years (CAGR)+6.45%
Since Inception (May 2007)+6.98%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP+2.82%
3 Year SIP+5.93%
5 Year SIP+5.97%
Since Inception (May 2007)+6.65%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹1,14,000

Invested

₹2,24,358

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

₹3,609

Value today

7.0%

CAGR (p.a.)

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

Try Lumpsum Calculator

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

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹11,40,000

Withdrawn

₹13,65,046

Corpus left

+₹15,05,046 net gain — withdrew ₹11,40,000 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

₹1,43,974

Value today

1.4×

Multiple

Staying invested through that crash turned ₹1L into ₹1,43,974 — a 1.4× return

Read: Staying invested through crashes

Direct vs Regular — ₹500/month over 10 years

Expense ratio drag on your actual returns

Direct plan

₹85,553

Regular plan

₹83,068

Direct earns ₹2,485 more on a ₹60K investment0.41% extra return per year

Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.

Learn about Direct vs Regular plans

Fund Details

Fund HouseLIC Mutual Fund
CategoryBanking & PSU Debt
Plan Typeregular
Optiongrowth
AUM₹1,867 Cr
Expense Ratio0.68%
Min SIP₹500
Min Lumpsum₹1,000
BenchmarkNIFTY Banking & PSU Debt Index
Launch Date31 May 2007
AMFI Code105823

Risk Metrics

Trailing 1 year, annualised

-0.32

Sharpe Ratio

Alpha

Beta

-0.33

Sortino

1.24%

Std Dev

-0.60%

Max Drawdown

Portfolio Holdings

Top 49 holdings · as of Apr 2026

Equity37 holdings · 65.9%
Security% NAV

8.37% National Highways Authority of India **

INE906B07GN5

5.65%

8.09% NLC India Ltd. **

INE589A07037

3.53%

7.34% Small Industries Development Bk of India **

INE556F08KS8

3.08%

7.59% National Housing Bank **

INE557F08FY4

2.90%

7.46% REC Ltd. **

INE020B08EK4

2.87%

7.48% National Bk for Agriculture & Rural Dev.

INE261F08EO7

2.82%

7.83% Small Industries Development Bk of India **

INE556F08KL3

2.81%

7.05% Jio Credit Ltd. **

INE282H07034

2.78%

7.43% Jamnagar Utilities & Power Pvt. Ltd. **

INE936D07190

2.74%

7.75% Bharti Telecom Ltd. **

INE403D08314

2.73%

6.9% Government of India

IN0020250018

2.71%

7.37% Indian Railway Finance Corporation Ltd. **

INE053F08411

2.70%

7.42% Power Finance Corporation Ltd. **

INE134E08NL6

2.19%

6.49% National Bk for Agriculture & Rural Dev. **

INE261F08CQ6

2.12%

7.62% National Bk for Agriculture & Rural Dev. **

INE261F08EH1

1.45%

7.4% Power Finance Corporation Ltd. **

INE134E08KQ1

1.44%

7.58% REC Ltd. **

INE020B08FD6

1.44%

7.49% Small Industries Development Bk of India **

INE556F08KX8

1.44%

8.54% REC Ltd. **

INE020B08BE3

1.44%

7.123% Tata Capital Housing Finance Ltd. **

INE033L07IO1

1.42%

6.87% REC Ltd. **

INE020B08FU0

1.41%

6.64% Housing & Urban Development Corp Ltd. **

INE031A08996

1.40%

6.73% Power Finance Corporation Ltd. **

INE134E08NW3

1.39%

8.14% Nuclear Power Corporation **

INE206D08287

1.38%

7.43% National Bk for Agriculture & Rural Dev. **

INE261F08BX4

1.37%

6.66% National Bk for Agriculture & Rural Dev. **

INE261F08EP4

1.37%

6.68% Government of India

IN0020250042

1.30%

7.41% Government of India

IN0020220102

0.85%

6.61% Power Finance Corporation Ltd. **

INE134E08NS1

0.85%

8.13% Nuclear Power Corporation **

INE206D08378

0.83%

6.47% Indian Railway Finance Corporation Ltd. **

INE053F08510

0.80%

7.57% State Government of Maharashtra

IN2220250533

0.60%

6.57% National Bk for Agriculture & Rural Dev. **

INE261F08CF9

0.57%

7.45% Export Import Bank of India **

INE514E08GB4

0.55%

6.48% Government of India

IN0020250091

0.52%

7.3% Government of India

IN0020230051

0.27%

7.1% Government of India

IN0020240019

0.14%
Debt11 holdings · 31.1%
Security% NAV

Canara Bank ** #

INE476A16G28

5.14%

HDFC Bank Ltd. #

INE040A16HF0

3.99%

182 DAYS TBILL RED 08-05-2026

IN002025Y321

2.70%

HDFC Bank Ltd. ** #

INE040A16II2

2.59%

Kotak Mahindra Bank Ltd. ** #

INE237AD6117

2.58%

Bank of Baroda ** #

INE028A16KZ7

2.58%

ICICI Bank Ltd. ** #

INE090AD6279

2.57%

Punjab National Bank #

INE160A16UD4

2.56%

Punjab National Bank #

INE160A16UE2

2.56%

National Bk for Financing Infra and Dev ** #

INE0KUG16012

2.55%

Kotak Mahindra Bank Ltd. ** #

INE237AD6042

1.32%
Other1 holding · 0.3%
Security% NAV

SBI CDMDF--A2

INF0RQ622028

0.29%

Performance Comparison

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Investment Objective

LIC MF Banking & PSU Fund-Regular Plan-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 & PSU Fund-Regular Plan-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