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Latest NAV & returns of LIC NOMURA MUTUAL FUND ASSET MANAGEMENT CO.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

14.248 (-0.012%)
NAV on June 27, 2025
Category Fixed income:
Banking & PSU
Interest rate sensitivity
Credit quality
Moderate Sensitivity High Quality
Total Assets 1,932 cr
Turnover Ratio 123.98%
Expense Ratio 0.28%
Exit Load -
Returns
  • 1M: -0.04%
  • 1Y: 9.61%
  • 3M: 2.93%
  • 3Y: 7.76%
  • 6M: 5.37%
  • 5Y: 6.11%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Marzban Irani (Since almost 9 years) Pratik Shroff (Since almost 2 years)
ISIN INF767K01GM6
Fund Family LIC Nomura
Launch Date January 10, 2013
Benchmark NIFTY Banking & PSU Debt TR INR
Avg. Maturity 4.84 years
Yield To Maturity (%) 6.55%
ASSET ALLOCATION
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 2.177
Sharpe 0.961
Std Dev 1.196
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
Top Banking & Psu Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Edelweiss mutual fund
Edelweiss Banking and PSU Debt Fund Direct Plan Growth
25.616 9.83% 270 cr 0.39% Above Average
Sbi
SBI Banking and PSU Fund Direct Plan Growth
3322.941 9.58% 4,074 cr 0.39% Average
Reliance
Nippon India Banking & PSU Debt Fund Direct Growth
21.607 9.53% 5,931 cr 0.38% Average
Kotak
Kotak Banking and PSU Debt Direct Growth
68.333 9.51% 6,198 cr 0.40% Average
Hdfc
HDFC Banking & PSU Debt Fund Direct Plan Growth Option
24.016 9.44% 6,114 cr 0.39% Below Average
Birla new
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth
381.519 9.38% 9,130 cr 0.39% Below Average
Franklin
Franklin India Banking & PSU Debt Fund Direct Growth
23.501 9.26% 546 cr 0.18% Below Average
Best Banking & Psu Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Edelweiss mutual fund
Edelweiss Banking and PSU Debt Fund Direct Plan Growth
25.616 9.83% 270 cr 0.39% Above Average
Lic mutual funds
LIC MF Banking & PSU Fund Direct Plan Growth Option
37.666 9.75% 1,932 cr 0.28% Average
Baroda and pioneer
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth
12.956 9.59% 26 cr 0.39% Average
Sbi
SBI Banking and PSU Fund Direct Plan Growth
3322.941 9.58% 4,074 cr 0.39% Average
Reliance
Nippon India Banking & PSU Debt Fund Direct Growth
21.607 9.53% 5,931 cr 0.38% Average
Kotak
Kotak Banking and PSU Debt Direct Growth
68.333 9.51% 6,198 cr 0.4% Average
Hdfc
HDFC Banking & PSU Debt Fund Direct Plan Growth Option
24.016 9.44% 6,114 cr 0.39% Below Average


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