LIC MF Banking & PSU Fund (IDCW-M)

DebtBanking and PSU Fund

Last Updated NAV Date: 05 Jun 2026

3 Year Returns

6.56%

NAV (₹)

13.5703

1 Day NAV Change

0.30%

No chart data available for this period.

Fund Details

Min. SIP Amount₹ 100
Min. Lumpsum Amount₹ 5000
AUM₹ 1831.19 Cr
Expense Ratio0.64%
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

Calculator

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 Return0.54%
3 Month Return0.81%
6 Month Return1.37%
1 Year Return3.62%
3 Year Return6.56%
5 Year Return5.56%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

Sector Holdings

Last Updated: N/A
SectorsAllocationWeightageValue (in Cr.)
Others
100.00%1,831.192

Stock Holdings

Last Updated: 31 May 2026
NameAllocationWeightageValue (in Cr.)Sector
National Highway
5.71%104.492Debt Others
Canara Bank
5.19%95.12Debt Others
HDFC Bank
4.04%74.044Debt Others
NLC India
3.31%60.604Debt Others
S I D B I
3.12%57.091Debt Others
REC Ltd
2.90%53.141Debt Others
N A B A R D
2.86%52.306Debt Others
S I D B I
2.84%51.969Debt Others
Jio Credit
2.82%51.55Debt Others
Jamnagar Utiliti
2.76%50.568Debt 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

₹ 47,207.09 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

No open NFOs available
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

The Net Asset Value (NAV) of LIC MF Banking & PSU Fund (IDCW-M) is updated at the end of every business day. You can check the latest NAV in the header section of this page.
You can invest in LIC MF Banking & PSU Fund (IDCW-M) online through the Anand Rathi AR Invest app or website. Simply log in, complete your KYC if not already done, and choose between SIP or Lumpsum investment modes.
Exit load varies by scheme. For LIC MF Banking & PSU Fund (IDCW-M), please refer to the "Fund Details" section above to see if any exit load applies for early redemptions.
Mutual funds are generally suitable for long-term wealth creation. However, suitability depends on your individual risk appetite and financial goals. You should review the riskometer and fund performance before investing.
Once you invest, you can track your portfolio performance, NAV changes, and transaction history in real-time through the AR Invest dashboard.

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