LIC MF Banking & PSU Fund
NAV
₹39.96
as of 21 Aug 2026
LIC MF Banking & PSU Fund is an open-ended Banking and PSU Fund scheme from LIC Mutual Fund managing ₹1,869 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹39.96 as of 21 Aug 2026. The expense ratio is 0.27% a year. Managed by Pratik Shroff. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.27% / yr
- as of 30 Jun 2026
- Fund size
- ₹1,869 crore
- as of 31 Jul 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 28 May 2007
- ISIN
- INF767K01GI4
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY COMPOSITE G-SEC INDEX
LIC MF Banking & PSU Fund
₹136
+36% on ₹100 over 5.0 yrs
Banking and PSU Fund average
₹135
+35% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 2.63% | 2.62% | +0.01 |
| 6 months | 2.89% | 2.81% | +0.08 |
| 1 year | 5.57% | 5.51% | +0.06 |
| 3 years (CAGR) | 7.43% | 7.32% | +0.11 |
| 5 years (CAGR) | 6.29% | 6.30% | -0.01 |
Category average across 19 funds, as of 20 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- 2.7%
- Median
- 7.1%
- Best
- 10.4%
49 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Oct 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 5.7%
- Median
- 7.4%
- Best
- 8.0%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Aug 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.59
- Sharpe ratio (5Y)
- 0.26
- Sortino ratio (3Y)
- 1.10 vs category 0.54
- Standard deviation (3Y)
- 1.59%
- Deepest fall (5Y)
- -0.32%
Where the money actually is
Bonds
74.6%
Cash
25.1%
Other
0.3%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
51 positions · top 10 = 34.3%
Top holdings
- National Highways Authority Of Indiamatures 21 Jan 20295.73%
- Small Industries Development Bank Of Indiamatures 26 Feb 20294.53%
- Treps4.11%
- India (Republic of)matures 29 Oct 20263.96%
- Canara Bankmatures 28 Jan 20273.88%
- 7.71% Govt Stock 2066matures 18 May 20663.38%
- Nuclear Power Corporation Of India Limitedmatures 25 Mar 20283.35%
- NLc India Limitedmatures 29 May 20293.32%
- National Bank For Agriculture And Rural Developmentmatures 15 Sep 20282.85%
- Small Industries Development Bank Of Indiamatures 24 Nov 20282.84%
Holdings as of 31 Jul 2026. Portfolio turnover 121.7% vs category 141.4% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The debt it holds
- Yield to maturity
- 7.00% vs category 7.05%
- Modified duration
- 2.49 yrs vs category 2.50 yrs
- Average maturity
- 3.96 yrs vs category 3.65 yrs
- Average coupon
- 7.57%
- Government securities
- 37.2%
Credit quality
- AAA
- 100.0%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.
Portfolio characteristics as of 31 Jul 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- −₹69 cr
- Net flow, 3 months
- −₹18 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of LIC MF Banking & PSU Fund?
- ₹39.96 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of LIC MF Banking & PSU Fund?
- 0.27% a year for the Direct plan, as of 30 Jun 2026.
- How large is LIC MF Banking & PSU Fund?
- ₹1,869 crore under management as of 31 Jul 2026, in the Banking and PSU Fund category.
- How risky is LIC MF Banking & PSU Fund?
- Its SEBI Riskometer reading is "Moderate Risk". Lending to companies and banks for extra yield over government paper.
- What are the 5-year returns of LIC MF Banking & PSU Fund?
- 6.29% a year over the last 5 years (Direct plan, CAGR), against a Banking and PSU Fund average of 6.30%. Past returns do not predict future returns.
- What is the worst 3-year return of LIC MF Banking & PSU Fund?
- 5.7% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Aug 2021. The median was 7.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages LIC MF Banking & PSU Fund?
- Pratik Shroff, managing this fund for 2.9 years.
Where this fund sits
Its shelf, all funds
Cb · Corporate & credit →
Lending to companies and banks for extra yield over government paper.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Banking and PSU Fund funds
- Axis Banking & PSU Debt Fund₹12,258 crore
- Bandhan Banking and PSU Fund₹12,172 crore
- ICICI Prudential Banking & PSU Debt Fund₹8,850 crore
- Aditya Birla Sun Life Banking & PSU Debt Fund₹8,833 crore
- DSP Banking & PSU Debt Fund₹3,329 crore
- Edelweiss Banking and PSU Debt Fund₹3,088 crore
- UTI Banking & PSU Fund₹1,483 crore
- Franklin India Banking & PSU Debt Fund₹585 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY COMPOSITE G-SEC INDEX) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.