Widely used:
Our Opinion
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Our Opinion
Riskometer
Moderate
₹37.6261 -0.11%
As on 13-Jun-2025
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
LIC MF Banking & PSU Fund - Direct Plan
|
|
|
Moderate
|
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0.28 |
|
 |
|
Moderate
|
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0.33 |
||
|
|
Moderate
|
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0.35 |
||
 |
|
Moderate
|
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0.39 |
||
|
|
Moderate
|
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0.39 |
₹1,932 Cr
--
5,000
500
200
30
Investment Strategy
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.
Suitability
"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of LIC MF Banking & PSU Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, LIC MF Banking & PSU Fund - Direct Plan can be bought from the LIC Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of LIC MF Banking & PSU Fund - Direct Plan, is ₹37.6261 as of 14-Jun-2025.
| Company | Percentage of Portfolio |
|---|---|
|
Small Industries Devp. Bank of India Ltd SR V Debenture 7.83 24/11/2028 |
4.18
|
|
National Bank For Agriculture & Rural Development SR 25G Bonds 7.48 15/09/2028 |
3.50
|
|
NLC India Ltd SR I NCD 8.09 29/05/2029 |
3.28
|
|
GOI Sec 6.79 07/10/2034 |
3.25
|
|
GOI Sec 7.10 08/04/2034 |
3.17
|
Over the past five years, LIC MF Banking & PSU Fund - Direct Plan has delivered an annualised return of 6.31% as of 14-Jun-2025.
The minimum investment required to start investing in LIC MF Banking & PSU Fund - Direct Plan is ₹5,000 for the lump sum option and ₹200 for the SIP (Systematic Investment Plan) option.
