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

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

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previously known as LIC MF Banking & PSU Debt Dir Wk IDCW-R until

NAV on September 26, 2025
Category Fixed income:
Banking & PSU
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,900 cr
Turnover Ratio 121.74%
Expense Ratio 0.28%
Exit Load -
Returns
  • 1M: 0.70%
  • 1Y: 8.18%
  • 3M: 1.13%
  • 3Y: 7.92%
  • 6M: 4.35%
  • 5Y: 6.15%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Marzban Irani (Since about 9 years) Pratik Shroff (Since about 2 years)
ISIN INF767K01GO2
Fund Family LIC Nomura
Launch Date January 22, 2013
Benchmark NIFTY Banking & PSU Debt TR INR
Avg. Maturity 3.88 years
Yield To Maturity (%) 6.69%
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 1.162
Sharpe 0.621
Std Dev 1.325
Risk Above 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
34.612 8.25% 9,788 cr 0.39% Low
23.839 8.21% 499 cr 0.18% Below Average
24.284 7.91% 5,900 cr 0.39% Below Average
21.836 7.91% 5,548 cr 0.38% Average
385.716 7.84% 9,139 cr 0.39% Below Average
69.051 7.81% 5,846 cr 0.40% Average
25.878 7.74% 286 cr 0.39% Above Average
Best Banking & Psu Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
25.942 8.32% 4,572 cr 0.23% Average
34.612 8.25% 9,788 cr 0.39% Low
23.839 8.21% 499 cr 0.18% Below Average
22.681 8.19% 813 cr 0.28% Average
38.097 8.18% 1,900 cr 0.28% Average
21.836 7.91% 5,548 cr 0.38% Average
69.051 7.81% 5,846 cr 0.4% Average


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