Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily

  • 3 Months
  • 6 Months
  • 1 Year
  • 3 Years
  • 5 Years
  • RSI
3 Months Returns : 0.72%
NAV: ₹14.32 as on Thu Nov 05, 2026
Fund NAV

Fund Overview of Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily

  • ₹1,597.7 Cr
    AUM
  • ₹14.32
    NAV
  • 0.28%
    Expense Ratio
  • Debt
    Fund Category
As on Thu Nov 05, 2026
Calculate your Returns
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Minimum amount you can invest: ₹500

Maximum amount you can invest: ₹1,00,000

We have used a return rate of 15% for our calculations.

The total value of your investment after 10 years will be
₹ 1,39,328.64
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Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily Return Comparison

Tenure Absolute(%) Annualised(%) Category Average(%)
3 Months 0.72% NA 0.71%
6 Months 3.07% NA 4.51%
1 Year 4.66% 4.66% 8.39%
2 Years 13.56% 6.56% 8.14%
3 Years 23.32% 7.24% 7.57%
5 Years 35.85% 6.32% 6.29%
7 Years 53.23% 6.29% NA
10 Years 95.80% 6.95% 7.57%
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As on Thu Nov 05, 2026

Dividend of Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily : 0.36%

Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision

Asset Allocation of Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily

debt instruments

96.74%

other assets or cash equivalents

3.26%
Top Holdings
Repo
9.23%
Repo
9.23%
Repo
9.23%
National Bank For Agriculture And Rural Development Sr 25g 7.48 Bd 15sp28 Fvrs1lac
7.22%
National Bank For Agriculture And Rural Development Sr 25g 7.48 Bd 15sp28 Fvrs1lac
1.00%
 
Top Sectors
Industrials
64.92%
Unspecified
35.02%
Financial
19.67%
Detailed Portfolio Analysis
As on Thu Nov 05, 2026
Invest Now

About Fund

About Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily

Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily is one Debt mutual fund offered by LIC Mutual Fund. Launched on 03 Jan 2013, the fund aims Regular income for medium term capital appreciation with current income. An income fund that invests predominantly in debt and money market instruments issued by Banks, PSUs, PFIs and Municipal Bonds. It manages assets worth ₹1,597.7 crore as on Wed Sep 30, 2026. The expense ratio stands at 0.28%.
The portfolio allocation consists of 96.74% in debt instruments, 3.26% in other assets or cash equivalents.Managed by Marzban Irani, it has delivered a return of 4.66% in the last year, a total return since inception of 7.30%.
The latest dividend was declared on 05 Nov 2026 at 0.36% of face value.
Individuals generally compare different best sip to invest while they build disciplined investment portfolios.

Read more
  • Pratik Harish Shroff

    Fund Manager

  • Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta

    Manager Education

  • Marzban Irani

    Fund Manager

  • Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai.

    Manager Education

Key Metrics of Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily

  • Standard Deviation
    1.66%
  • Mean
    6.89%
  • Sharpe Ratio
    0.80%
  • Sortino Ratio
    1.41%

Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily Fund Details

Fund Names Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily
Inception Date 03 Jan 2013
Lock In No Lock-in
 
Risk Principal at low to moderate risk
Category Average Annual Returns 8.39
More Details
Highest NAV in last 52 weeks & Lowest NAV in last 52 weeks

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Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily Fund Returns Comparison

Compare Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily with other mutual funds in the same category

Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily

UTI Banking & PSU Debt Fund Direct-flexi IDCW

UTI Banking & PSU Debt Fund Direct-Growth

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Top Performing Mutual Funds

Fund Names AUM (Cr) 1M 3M 1Yr 3Yr 5Yr
UTI Banking & PSU Debt Fund Direct-flexi IDCW trend ₹1,448 0.35% 1.39% 5.84% 7.43% 7.80%
UTI Banking & PSU Debt Fund Direct-Growth trend ₹1,448 0.35% 1.39% 5.84% 7.43% 7.80%
UTI Banking & PSU Debt Fund Direct-IDCW Half Yearly trend ₹1,448 0.35% 1.39% 5.84% 7.43% 7.80%
UTI Banking & PSU Debt Fund Direct-IDCW Monthly trend ₹1,448 0.35% 1.39% 5.84% 7.43% 7.80%
UTI Banking & PSU Debt Fund Direct-IDCW Quarterly trend ₹1,448 0.35% 1.39% 5.84% 7.43% 7.80%
UTI Banking & PSU Debt Fund Direct-IDCW Yearly trend ₹1,448 0.35% 1.39% 5.84% 7.43% 7.80%
UTI Banking & PSU Debt Fund Regular-flexi IDCW trend ₹1,448 0.33% 1.33% 5.58% 7.17% 7.52%
UTI Banking & PSU Debt Fund Regular-Growth trend ₹1,448 0.33% 1.33% 5.58% 7.17% 7.52%
UTI Banking & PSU Debt Fund Regular-IDCW Half Yearly trend ₹1,448 0.33% 1.33% 5.58% 7.17% 7.52%
UTI Banking & PSU Debt Fund Regular-IDCW Monthly trend ₹1,448 0.33% 1.33% 5.58% 7.17% 7.52%
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increase growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns

More funds from LIC Mutual Fund

Fund Names AUM (Cr) 1M 3M 6M 1Yr 3Yr
Lic Mf Banking & PSU Debt Fund Regular-Growth increase ₹1,598 0.27% 0.63% 2.87% 4.23% 6.74%
Lic Mf Banking & PSU Debt Fund Direct-Growth increase ₹1,598 0.30% 0.72% 3.07% 4.66% 7.24%
Lic Mf Banking & PSU Debt Fund Regular-IDCW Daily increase ₹1,598 0.27% 0.63% 2.87% 4.23% 6.74%
Lic Mf Banking & PSU Debt Fund Regular-IDCW Monthly increase ₹1,598 0.27% 0.63% 2.87% 4.23% 6.74%
Lic Mf Banking & PSU Debt Fund Direct-IDCW Monthly increase ₹1,598 0.30% 0.72% 3.07% 4.66% 7.24%
Lic Mf Banking & PSU Debt Fund Direct-IDCW Weekly increase ₹1,598 0.30% 0.72% 3.07% 4.66% 7.24%
Lic Mf Banking & PSU Debt Fund Regular-IDCW Weekly increase ₹1,598 0.27% 0.63% 2.87% 4.23% 6.74%
View More
increase growth is based on 1-month returns of the funds

Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily Calculator

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Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
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Top Mutual Funds

Fund Names AUM (Cr) NAV 3Yr 5Yr 10Yr
Bandhan Banking And PSU Debt Fund Regular-Growth trend ₹11,848 ₹26.39 6.75% 5.98% 6.86%
Bandhan Banking And PSU Debt Fund Direct-Growth trend ₹11,848 ₹27.27 7.07% 6.30% 7.16%
Bandhan Banking And PSU Debt Fund Regular-IDCW trend ₹11,848 ₹14.25 6.75% 5.98% 6.86%
Bandhan Banking And PSU Debt Fund Direct-IDCW trend ₹11,848 ₹14.34 7.07% 6.30% 7.16%
Bandhan Banking And PSU Debt Fund Regular-IDCW Daily trend ₹11,848 ₹10.88 6.75% 5.98% 6.86%
Bandhan Banking And PSU Debt Fund Direct-IDCW Daily trend ₹11,848 ₹10.48 7.07% 6.30% 7.16%
Bandhan Banking And PSU Debt Fund Regular-IDCW Fortnightly trend ₹11,848 ₹10.64 6.75% 5.98% 6.86%
Bandhan Banking And PSU Debt Fund Direct-IDCW Fortnightly trend ₹11,848 ₹10.48 7.07% 6.30% 7.16%
Bandhan Banking And PSU Debt Fund Direct-IDCW Monthly trend ₹11,848 ₹10.47 7.07% 6.30% 7.16%
Bandhan Banking And PSU Fund Debt Regular-IDCW Monthly trend ₹11,848 ₹10.71 6.75% 5.98% 6.86%
View More
Top funds are based on Fund AUM

Start Small & Build Your Wealth For A Brighter Tomorrow

Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily Detailed Portfolio

Stocks Sector % of Holding Value
RepoUnspecified9.23%₹152.20 Cr
RepoUnspecified9.23%₹152.20 Cr
RepoUnspecified9.23%₹152.20 Cr
National Bank For Agriculture And Rural Development Sr 25g 7.48 Bd 15sp28 Fvrs1lacFinancial7.22%₹137.78 Cr
National Bank For Agriculture And Rural Development Sr 25g 7.48 Bd 15sp28 Fvrs1lacFinancial-—
RepoUnspecified7.33%₹137.72 Cr
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials5.94%₹112.08 Cr
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials5.98%₹111.95 Cr
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials5.91%₹111.35 Cr
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials5.91%₹111.35 Cr
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials5.78%₹110.45 Cr
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials-—
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials5.92%₹109.52 Cr
National Bank For Agriculture And Rural Development Sr 25g 7.48 Bd 15sp28 Fvrs1lacFinancial5.73%₹107.94 Cr
National Bank For Agriculture And Rural Development Sr 25g 7.48 Bd 15sp28 Fvrs1lacFinancial5.73%₹107.94 Cr
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials5.73%₹106.95 Cr
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials5.73%₹106.95 Cr
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials5.73%₹106.95 Cr
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials5.73%₹106.95 Cr
National Highways Authority Of India Series Iv 8.37 Bd 21jn29 Fvrs10lacIndustrials5.56%₹104.53 Cr
View More

Top Debt Funds

Fund Names NAV 3Yr 5Yr 52 weeks high
UTI Banking & PSU Debt Fund Direct-flexi IDCW increase ₹20.85 7.43% 7.80% -
UTI Banking & PSU Debt Fund Direct-Growth increase ₹24.19 7.43% 7.80% -
UTI Banking & PSU Debt Fund Direct-IDCW Half Yearly increase ₹16.05 7.43% 7.80% -
UTI Banking & PSU Debt Fund Direct-IDCW Monthly increase ₹13.82 7.43% 7.80% -
UTI Banking & PSU Debt Fund Direct-IDCW Quarterly increase ₹18.00 7.43% 7.80% -
UTI Banking & PSU Debt Fund Direct-IDCW Yearly increase ₹13.85 7.43% 7.80% -
UTI Banking & PSU Debt Fund Regular-flexi IDCW increase ₹15.90 7.17% 7.52% -
UTI Banking & PSU Debt Fund Regular-Growth increase ₹23.70 7.17% 7.52% -
UTI Banking & PSU Debt Fund Regular-IDCW Half Yearly increase ₹15.83 7.17% 7.52% -
UTI Banking & PSU Debt Fund Regular-IDCW Monthly increase ₹13.53 7.17% 7.52% -
View More
increase growth is based on 5Y returns of the funds

Frequently Asked Questions

Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily

What is the current AUM of Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily?

As of Wed Sep 30, 2026, Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily manages assets worth ₹1,597.7 crore

How has Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily performed recently?

  • 3 Months: 0.72%
  • 6 Months: 3.07%

What is the long-term performance of Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily?

  • 3 Years CAGR: 7.24%
  • 5 Years CAGR: 6.32%
  • Since Inception: 7.30%

What is the portfolio composition of Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily?

Debt: 96.74%, Others: 3.26%.

Who manages Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily?

Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily is managed by Marzban Irani from LIC Mutual Fund.

When was the last dividend declared by Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily?

Latest dividend was declared on 05 Nov 2026 at 0.36% of face value.

Which are the top companies Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily has invested in?

  • Repo – 9.23% of the fund's portfolio
  • Repo – 9.23% of the fund's portfolio
  • Repo – 9.23% of the fund's portfolio
  • NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC – 7.22% of the fund's portfolio
  • NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC – 1.00% of the fund's portfolio

Which are the major sectors Lic Mf Banking & PSU Debt Fund Direct-IDCW Daily focuses on?

  • Industrials – 64.92% of the fund's portfolio
  • Unspecified – 35.02% of the fund's portfolio
  • Financial – 19.67% of the fund's portfolio
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