LIC MF Banking & PSU Fund Direct Growth

Debt
Banking and PSU
Moderate Risk
+8.00%
3Y annualised
+0.05% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 08 Oct 2025
₹38.28
Rating
3
Min. SIP amount
₹200
Fund size
₹1,909.36Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (47)

NameSectorInstrumentAssets
ServicesDebenture5.77%
Punjab National Bank
FinancialCD3.88%
Indian Railway Finance Corporation Ltd.
FinancialNCD3.84%
FinancialBonds3.59%
EnergyNCD3.35%
National Bank For Agriculture & Rural Development
FinancialBonds3.31%
Export-Import Bank Of India
FinancialDebenture3.06%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture2.86%
FinancialBonds2.84%
Jamnagar Utilities and Power Pvt. Ltd.
Capital GoodsDebenture2.80%
Power Finance Corporation Ltd.
FinancialNCD2.79%
GOI
SovereignGOI Sec2.72%
FinancialDebenture2.71%
EnergyNCD2.70%
GOI
SovereignCGL2.69%
HDFC Bank Ltd.
FinancialCD2.59%
Axis Bank Ltd.
FinancialCD2.51%
HDFC Bank Ltd.
FinancialCD2.48%
Axis Bank Ltd.
FinancialCD2.48%
Tata Capital Housing Finance Ltd.
FinancialDebenture2.42%
Small Industries Devp. Bank of India Ltd.
FinancialBonds/NCD1.93%
GOI
SovereignGOI Sec1.85%
GOI
SovereignGOI Sec1.80%
Export-Import Bank Of India
FinancialBonds/Deb1.66%
GOI
SovereignGOI Sec1.55%
EnergyDebenture1.43%
Indian Railway Finance Corporation Ltd.
FinancialNCD1.43%
ServicesDebenture1.42%
FinancialDebenture1.42%
Nuclear Power Corpn. Of India Ltd.
EnergyDebenture1.41%
Gujarat State
ConstructionSDL1.40%
Nuclear Power Corpn. Of India Ltd.
EnergyDebenture1.40%
Export-Import Bank Of India
FinancialBonds1.40%
REC Ltd.
FinancialDebenture1.37%
Gujarat State
ConstructionSDL1.37%
FinancialNCD1.37%
REC Ltd.
FinancialDebenture1.37%
Small Industries Devp. Bank of India Ltd.
FinancialBonds1.36%
SovereignGOI Sec1.36%
Bajaj Finance Ltd.
FinancialDebenture1.36%
Housing & Urban Development Corporation Ltd.
FinancialNCD1.32%
Axis Bank Ltd.
FinancialCD1.25%
Nuclear Power Corpn. Of India Ltd.
EnergyDebenture0.85%
Maharashtra State
OthersSDL0.83%
Power Finance Corporation Ltd.
FinancialBonds0.80%
Indian Railway Finance Corporation Ltd.
FinancialBonds0.80%
National Bank For Agriculture & Rural Development
FinancialDebenture0.53%
See All

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹200

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.6%8.0%6.2%7.5%
Category average7.9%7.5%6.0%NA
Rank with in category1513NA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 0.28%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Fund management

Rahul Singh
Oct 2025 - Present
View details

Education
Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Experience
Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Launch Date
20 Apr 1994
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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