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LIC MF Banking & PSU Debt Fund IDCW-W

Last Updated NAV Date: 08 Sep 2026

3 Year Returns

6.90%

NAV (₹)

10.4042

1 Day NAV Change

0.02%

LIC MF Banking & PSU Debt Fund IDCW-W is a scheme from LIC Mutual Fund AMC, launched on 31 May 2007 and currently managing ₹ 1648.88 Cr in assets. It sits in the moderate risk category on the riskometer, with a minimum SIP of ₹100 and a lump sum of ₹5000. The sections below cover its latest NAV, historical returns, portfolio holdings, and expense ratio.

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LIC MF Banking & PSU Debt Fund IDCW-W Fund Details

Min. SIP Amount₹ 100
Min. Lumpsum Amount₹ 5000
AUM₹ 1648.88 Cr
Expense Ratio0.65%
Lock-in PeriodNo Lock-in Period
Inception Date31 May 2007
Fund Age19 Yrs

Exit Load

Nil

Fund’s Investment Objective

To provide reasonable possible current income - consistent with preservation of capital and providing liquidity - from investing in a diversified portfolio of short-term money market and debt securities.

Calculate Your Mutual Fund Returns

Returns Estimator

Estimation is based on the past performance

Expected Rate of Return

The value of your investment after 5 Years will be

4,12,432

Invested Amount

3,00,000

Est. Returns

1,12,432

Scheme’s Historical Return

1 Month Return0.58%
3 Month Return1.85%
6 Month Return2.94%
1 Year Return5.29%
3 Year Return6.90%
5 Year Return5.79%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

LIC MF Banking & PSU Debt Fund IDCW-W Sector Holdings

Last Updated: N/A
SectorsAllocationWeightageValue (in Cr.)
Others
100.00%1,648.876

LIC MF Banking & PSU Debt Fund IDCW-W Stock Holdings

Last Updated: 31 Aug 2026
NameAllocationWeightageValue (in Cr.)Sector
TREPS
9.23%152.196Debt Others
TBILL-182D
6.06%99.972T Bills
Nuclear Power Co
3.81%62.863Debt Others
NLC India
3.76%61.94Debt Others
National Highway
3.25%53.61Debt Others
S I D B I
3.22%53.126Debt Others
Jamnagar Utiliti
3.15%51.915Debt Others
Bharti Telecom
3.12%51.485Debt Others
I R F C
3.11%51.28Debt Others
N A B A R D
3.10%51.06Debt Others

Fund Manager Details

Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.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). B.SC Economic Hons. and hold a PGDM FROM IIM-A.

Risk-O-Meter

Moderate

Investors understand that their principal will be at moderate risk

Risk Scale

Low
Moderately Low
Moderate
Moderately High
High
Very High

AMC Information

LIC Mutual Fund

Funds Managed

43

Assets Managed

₹ 50,329.20 Cr

Contact Details

Registered Address

4th Floor, Industrial InsuranceBuilding, Opp.Churchgate StatiMumbai 400 020.

Managing Director

Ravi Kumar Jha

Chief Executive Officer

Ravi Kumar Jha

Compliance Officer

Mr. Mayank Arora

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Disclaimer

The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...

Frequently Asked Questions

You can withdraw your investment from LIC MF Banking & PSU Debt Fund IDCW-W through your mutual fund app, AMC website, or demat or stock broker online account at the applicable NAV.
The minimum investment for LIC MF Banking & PSU Debt Fund IDCW-W is ₹ 5000 for Lumpsum and ₹ 100 for SIP. You can open a demat account or login to the existing stock broker online account to get started.
LIC MF Banking & PSU Debt Fund IDCW-W has a lock-in period of No Lock-in Period. Schemes with a lock-in restrict withdrawals or redemptions for that duration, while schemes with no lock-in allow you to redeem anytime.
The average annualized return of LIC MF Banking & PSU Debt Fund IDCW-W over the past three years is 6.90%.
The current NAV of LIC MF Banking & PSU Debt Fund IDCW-W is 10.4042.
The Expense ratio of LIC MF Banking & PSU Debt Fund IDCW-W is 0.65%. It is an annual charge for running the mutual fund. You can find the same on the factsheet and the Asset Management Companies website.
The latest AUM of the LIC MF Banking & PSU Debt Fund IDCW-W fund is ₹ 1648.88 Cr. It represents the total assets held and managed by the fund.
The exit load for LIC MF Banking & PSU Debt Fund IDCW-W is Nil.
The fund managers of the LIC MF Banking & PSU Debt Fund IDCW-W are Rahul Singh, Pratik Harish Shroff. However, with management's discretion, the fund manager could also change during the tenure.
LIC MF Banking & PSU Debt Fund IDCW-W was launched on 31 May 2007. Since then, the fund has formed an NAV (Net Asset Value) of 10.4042.

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