Item: LIC MF Banking & PSU Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl
Rating: 3
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 (0.029%)

NAV on June 06, 2025

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,829 cr

Turnover Ratio 123.98%

Expense Ratio 0.28%

Exit Load -

Returns

1M: 1.53%
1Y: 10.73%
3M: 4.62%
3Y: 8.03%
6M: 6.05%
5Y: 6.47%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Marzban Irani (Since almost 9 years) Pratik Shroff (Since over 1 year)

ISIN INF767K01GM6

Fund Family LIC Nomura

Launch Date January 10, 2013

Benchmark NIFTY Banking & PSU Debt TR INR

Avg. Maturity 4.72 years

Yield To Maturity (%) 6.76%

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
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	25.772	11.01%	268 cr	0.39%	Above Average
Nippon India Banking & PSU Debt Fund Direct Growth	21.706	10.60%	5,852 cr	0.38%	Average
DSP Banking & PSU Debt Fund Direct Growth	25.107	10.58%	3,869 cr	0.33%	Above Average
Kotak Banking and PSU Debt Direct Growth	68.629	10.57%	6,214 cr	0.40%	Average
SBI Banking and PSU Fund Direct Plan Growth	3333.754	10.49%	3,983 cr	0.39%	Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	383.370	10.48%	8,882 cr	0.39%	Below Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	24.122	10.44%	6,049 cr	0.39%	Below Average

Best Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	25.772	11.01%	268 cr	0.39%	Above Average
LIC MF Banking & PSU Fund Direct Plan Growth Option	37.850	10.88%	1,829 cr	0.28%	Average
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth	13.040	10.82%	26 cr	0.39%	Average
Nippon India Banking & PSU Debt Fund Direct Growth	21.706	10.60%	5,852 cr	0.38%	Average
Kotak Banking and PSU Debt Direct Growth	68.629	10.57%	6,214 cr	0.4%	Average
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	34.245	9.85%	10,384 cr	0.39%	Low