Item: LIC MF Banking & PSU Fund Direct Plan Growth Option
Rating: 4
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Banking & PSU Fund Direct Plan Growth Option

36.676 (0.051%)

NAV on March 31, 2025

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,882 cr

Turnover Ratio 123.98%

Expense Ratio 0.28%

Exit Load -

Returns

1M: 1.51%
1Y: 8.64%
3M: 2.51%
3Y: 6.89%
6M: 4.08%
5Y: 6.34%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Marzban Irani (Since over 8 years) Pratik Shroff (Since over 1 year)

ISIN INF767K01GI4

Fund Family LIC Nomura

Launch Date January 01, 2013

Benchmark NIFTY Banking & PSU Debt TR INR

Avg. Maturity 4.65 years

Yield To Maturity (%) 7.30%

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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	24.993	8.79%	262 cr	0.39%	Above Average
DSP Banking & PSU Debt Fund Direct Growth	24.421	8.64%	3,115 cr	0.32%	Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	371.972	8.54%	9,594 cr	0.39%	Below Average
Kotak Banking and PSU Debt Direct Growth	66.559	8.53%	5,797 cr	0.39%	Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	23.408	8.52%	5,807 cr	0.39%	Below Average
Nippon India Banking & PSU Debt Fund Direct Growth	21.042	8.52%	5,629 cr	0.38%	Average
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	33.357	8.43%	10,132 cr	0.39%	Low

Best Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
DSP Banking & PSU Debt Fund Direct Growth	24.421	8.64%	3,115 cr	0.32%	Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	371.972	8.54%	9,594 cr	0.39%	Below Average
Kotak Banking and PSU Debt Direct Growth	66.559	8.53%	5,797 cr	0.39%	Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	23.408	8.52%	5,807 cr	0.39%	Below Average
Nippon India Banking & PSU Debt Fund Direct Growth	21.042	8.52%	5,629 cr	0.38%	Average
Invesco India Banking & PSU Fund Direct Growth	2371.196	8.49%	100 cr	0.25%	Above Average
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth	12.621	8.44%	25 cr	0.39%	Above Average