Item: LIC MF Banking & PSU Fund Direct Plan Weekly 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 Weekly Reinvestment of Income Dis cum Cap Wdrl

10.046 (-0.087%)

NAV on July 25, 2025

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 1,838 cr

Turnover Ratio 123.98%

Expense Ratio 0.28%

Exit Load -

Returns

1M: 0.59%
1Y: 9.59%
3M: 1.89%
3Y: 7.84%
6M: 5.42%
5Y: 6.06%

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 INF767K01GO2

Fund Family LIC Nomura

Launch Date January 22, 2013

Benchmark NIFTY Banking & PSU Debt TR INR

Avg. Maturity 3.95 years

Yield To Maturity (%) 6.58%

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.

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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	25.776	9.43%	265 cr	0.39%	Above Average
Nippon India Banking & PSU Fund Direct Growth	21.743	9.38%	5,715 cr	0.38%	Average
Kotak Banking and PSU Debt Direct Growth	68.754	9.35%	5,964 cr	0.40%	Below Average
SBI Banking and PSU Fund Direct Plan Growth	3341.249	9.31%	4,112 cr	0.39%	Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	24.174	9.30%	5,945 cr	0.39%	Below Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	384.041	9.27%	9,122 cr	0.40%	Below Average
DSP Banking & PSU Debt Fund Direct Growth	25.134	9.14%	4,304 cr	0.33%	Above Average