Item: LIC MF Banking & PSU Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Banking & PSU Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl

14.318 (0.000%)

NAV on August 14, 2026

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 1,869 cr

Turnover Ratio 121.74%

Expense Ratio 0.27%

Exit Load -

Returns

1M: Positive return: 0.77%
1Y: Positive return: 5.68%
3M: Positive return: 2.49%
3Y: Positive return: 7.45%
6M: Positive return: 3.19%
5Y: Positive return: 6.33%

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%

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

Top Rated
Top Performing

Top Banking & Psu Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
PGIM India Banking and PSU Debt Fund Direct Plan Growth	₹ 22.344	6.80%	₹ 45 cr	0.18%	Below Average
Franklin India Banking & PSU Debt Fund Direct Growth	₹ 25.218	6.60%	₹ 585 cr	0.18%	Low
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	₹ 36.575	6.28%	₹ 8,850 cr	0.33%	Average
Kotak Banking and PSU Debt Direct Growth	₹ 72.979	6.26%	₹ 4,991 cr	0.40%	Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	₹ 25.568	5.79%	₹ 5,209 cr	0.35%	Above Average
Nippon India Banking & PSU Fund Direct Growth	₹ 22.971	5.69%	₹ 5,246 cr	0.33%	Above Average

Best Banking & Psu Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Franklin India Banking & PSU Debt Fund Direct Growth	₹ 25.218	6.60%	₹ 585 cr	0.18%	Low
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	₹ 36.575	6.28%	₹ 8,850 cr	0.33%	Average
Bandhan Banking & PSU Fund Direct Growth	₹ 27.145	6.26%	₹ 12,172 cr	0.3%	Below Average
Kotak Banking and PSU Debt Direct Growth	₹ 72.979	6.26%	₹ 4,991 cr	0.4%	Average
UTI Banking & PSU Fund Direct Plan Growth	₹ 23.904	6.10%	₹ 1,483 cr	0.21%	Low
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	₹ 25.568	5.79%	₹ 5,209 cr	0.35%	Above Average
Invesco India Banking & PSU Fund Direct Growth	₹ 2587.344	5.73%	₹ 82 cr	0.22%	Above Average