LIC MF Banking & PSU Fund Growth

Debt
Banking and PSU
Moderate Risk
7.07%
3Y annualised
+0.11% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Sep 2025
₹35.15
Rating
3
Min. SIP amount
Not Supported
Fund size
₹1,899.80Cr

Return calculator

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

Holdings (51)

NameSectorInstrumentAssets
ServicesDebenture5.92%
FinancialBonds3.68%
EnergyNCD3.44%
GOI
SovereignGOI Sec3.39%
Export-Import Bank Of India
FinancialDebenture3.14%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture2.94%
FinancialBonds2.92%
Jamnagar Utilities and Power Pvt. Ltd.
Capital GoodsDebenture2.87%
Power Finance Corporation Ltd.
FinancialNCD2.86%
EnergyNCD2.78%
FinancialDebenture2.78%
Punjab National Bank
FinancialCD2.64%
Axis Bank Ltd.
FinancialCD2.64%
HDFC Bank Ltd.
FinancialCD2.64%
NHPC Ltd.
EnergyNCD2.64%
Axis Bank Ltd.
FinancialCD2.56%
Axis Bank Ltd.
FinancialCD2.56%
Indian Railway Finance Corporation Ltd.
FinancialNCD2.54%
Gujarat State
ConstructionSDL2.34%
National Bank For Agriculture & Rural Development
FinancialBonds2.26%
Small Industries Devp. Bank of India Ltd.
FinancialBonds/NCD1.98%
GOI
SovereignGOI Sec1.87%
Export-Import Bank Of India
FinancialBonds/Deb1.71%
Indian Railway Finance Corporation Ltd.
FinancialNCD1.47%
EnergyDebenture1.47%
Power Finance Corporation Ltd.
FinancialDebenture1.46%
SovereignGOI Sec1.46%
ServicesDebenture1.46%
Nuclear Power Corpn. Of India Ltd.
EnergyDebenture1.44%
Nuclear Power Corpn. Of India Ltd.
EnergyDebenture1.44%
Export-Import Bank Of India
FinancialBonds1.44%
Gujarat State
ConstructionSDL1.43%
REC Ltd.
FinancialDebenture1.40%
FinancialNCD1.40%
REC Ltd.
FinancialDebenture1.40%
GOI
SovereignCGL1.40%
Small Industries Devp. Bank of India Ltd.
FinancialBonds1.40%
Bajaj Finance Ltd.
FinancialDebenture1.39%
National Bank For Agriculture & Rural Development
FinancialDebenture1.39%
Tata Capital Housing Finance Ltd.
FinancialDebenture1.38%
Housing & Urban Development Corporation Ltd.
FinancialNCD1.35%
HDFC Bank Ltd.
FinancialCD1.32%
Maharashtra State
OthersSDL1.15%
Maharashtra State
OthersSDL0.87%
Nuclear Power Corpn. Of India Ltd.
EnergyDebenture0.87%
Power Finance Corporation Ltd.
FinancialBonds0.82%
Indian Railway Finance Corporation Ltd.
FinancialBonds0.82%
EnergyDebenture0.57%
National Bank For Agriculture & Rural Development
FinancialDebenture0.55%
Tata Capital Housing Finance Ltd.
FinancialBonds/NCD0.27%
Canara Bank
FinancialCD0.27%
See All

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.0%7.1%5.5%7.1%
Category average7.8%7.1%5.8%NA
Rank with in category31414NA
Understand terms

Peer Comparison

Debt, Banking and PSU fundsRating1Y3YFund Size(Cr)
5
8.0%7.5%10,353.87
4
7.8%7.2%9,143.48
4
7.8%7.2%5,935.12
5
7.8%7.1%13,392.39
4
8.0%7.0%13,286.45

Expense ratio, exit load and tax

Expense ratio: 0.78%

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

Marzban Irani
Aug 2016 - Present
View details

Education
Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai.
Experience
Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.
Also manages these schemes

Pratik Harish Shroff
Sep 2023 - Present
View details

Education
Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience
Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities
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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