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Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Banking & PSU Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl
Latest NAV & returns of LIC Mutual Fund Asset Management Ltd.

LIC MF Banking & PSU Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl

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previously known as LIC MF Banking & PSU Debt Dir Dl IDCW-R until

NAV: ₹14.291 (-0.123%)
NAV on August 20, 2026
Category Fixed income:
Banking & PSU
Interest rate sensitivity
Credit quality
Total Assets ₹1,869 cr
Turnover Ratio 121.74%
Expense Ratio 0.27%
Exit Load -
Returns
  • 1M: Positive return: 0.50%
  • 1Y: Positive return: 5.55%
  • 3M: Positive return: 2.59%
  • 3Y: Positive return: 7.39%
  • 6M: Positive return: 2.93%
  • 5Y: Positive return: 6.26%
Min Investment ₹5,000
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ADDITIONAL INFO
Fund Manager Rahul Singh (Since 11 months) Pratik Shroff (Since almost 3 years)
ISIN INF767K01GM6
Fund Family LIC Nomura
Launch Date January 10, 2013
Benchmark NIFTY Banking & PSU Debt TR INR
Avg. Maturity 3.96 years
Yield To Maturity (%) 7.00%

Asset Allocation

  • Debt: 74.6%
  • Cash: 25.1%
  • Other: 0.3%
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Banking & PSU Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 1.036
Sharpe 0.556
Std Dev 1.584
Risk Average
INVESTMENT 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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

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Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
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PGIM India Banking and PSU Debt Fund Direct Plan Growth
₹ 22.344 6.80% ₹ 45 cr 0.18% Below Average
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Franklin India Banking & PSU Debt Fund Direct Growth
₹ 25.219 6.58% ₹ 585 cr 0.23% Low
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ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth
₹ 36.486 6.02% ₹ 8,850 cr 0.39% Average
KOTAK AMC LTD. logo
Kotak Banking and PSU Debt Direct Growth
₹ 72.767 5.93% ₹ 4,991 cr 0.40% Average
HDFC AMC LTD. logo
HDFC Banking & PSU Debt Fund Direct Plan Growth Option
₹ 25.496 5.52% ₹ 5,209 cr 0.35% Above Average
NIPPON INDIA PRIVATE LTD. logo
Nippon India Banking & PSU Fund Direct Growth
₹ 22.899 5.41% ₹ 5,246 cr 0.33% Above Average


Other plans of LIC MF Banking & PSU Fund


Other Debt funds by LIC Nomura

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