LIC MF Banking and PSU Debt Fund
The Scheme 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.
Growthvine rating: 2/5 — ranked #14 of 22 in category.
Fund basics
| Category | Debt: Banking and PSU |
|---|---|
| NAV | ₹37.01 (as of 2026-10-06) |
| AUM | ₹1,649 Cr |
| Expense ratio | 0.57% |
| Riskometer | Moderate |
| Fund manager | Pratik Harish Shroff |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.75% |
|---|---|
| Sharpe ratio | 0.57 |
| Standard deviation | 1.60% |
| Max drawdown | −5.80% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 93.3% of NIFTY Banking & PSU Debt Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.5% | Q1 (Top) | #4 of 21 |
| 2025 | 7.5% | Q2 | #8 of 21 |
| 2024 | 7.8% | Q3 | #13 of 22 |
| 2023 | 6.5% | Q3 | #13 of 21 |
| 2022 | 3.1% | Q3 | #12 of 19 |