LIC MF Banking And PSU Debt Fund - G

NAV ₹36.9506 ↓ -0.02 (-0.05 %) as on 25 Sep 26

(Erstwhile LIC MF Income Plus Fund)

📑 Table of contents

Scheme Objective
NAV Price Chart
Returns
- Historical Returns
- Compounded Returns
Growth Of 10k Over Years
Holdings / Portfolio
All Plan & Options
Fund Manager Information
Custodians
Registrar & Transfer Agent (RTA)
Administrator Companies
Auditors

Scheme Objective

The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. However, there is no assurance that the investment objective of the Scheme will be realised.

LIC MF Banking and PSU Debt Fund is a Debt - Banking & PSU Debt fund launched on 28 May 07. It is a fund with Moderately Low risk and has given a CAGR return of 7% since its launch. Ranked 58 in Banking & PSU Debt category. Return for 2025 was 7.5% , 2024 was 7.8% and 2023 was 6.5% .

Below is the key information for LIC MF Banking and PSU Debt Fund

NAV as on 25 Sep 26	₹36.9506 ↓ -0.02 (-0.05 %)
Net Assets (AUM) as on 31 Aug 2026	₹1,649 Cr.
Launch Date	28 May 2007
Category	Debt - Banking & PSU Debt
Rating	☆
Type	Open Ended Fund
Risk	Moderately Low
Yield To Maturity	7.07%
Effective Maturity	3 Years 7 Months 2 Days
Modified Duration	2 Years 2 Months 1 Day

Alpha Ratio	0.0
Expense Ratio	0.73 %
Sharpe Ratio	-0.203
Information Ratio	0.0
Benchmark	Not Available
ISIN	INF767K01535
AMC	LIC Mutual Fund Asset Mgmt Co Ltd
Min Investment	₹5,000
Min SIP Investment	₹1,000
Exit Load	NIL

NAV Price Chart

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Sep 26

Duration	Returns
1 Month	0.2%
3 Month	0.8%
6 Month	3.1%
1 Year	4.8%
3 Year	6.7%
5 Year	5.7%
10 Year
15 Year
Since launch	7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.5%
2023	7.8%
2022	6.5%
2021	3.1%
2020	2.6%
2019	8.6%
2018	9.9%
2017	7.2%
2016	6.1%

Growth of 10k Over Years

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,241
31 Aug 23	₹10,842
31 Aug 24	₹11,633
31 Aug 25	₹12,560
31 Aug 26	₹13,206

Asset Allocation

Asset Class	Value
Cash	24.33%
Debt	75.38%
Other	0.29%

Sector Allocation

Sector	Value
Corporate	55.64%
Government	37.96%
Cash Equivalent	6.11%

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Holding	Value	Quantity
National Highways Authority Of India Debentures \| -	6%	₹108 Cr	1,000
India (Republic of) - \| -	4%	₹74 Cr	7,500,000
Nuclear Power Corporation Of India Limited Debentures \| -	3%	₹63 Cr	600
NLc India Limited Debentures \| -	3%	₹62 Cr	600
7.71% Govt Stock 2066 Sovereign Bonds \| -	3%	₹59 Cr	5,603,400 ↓ -500,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹54 Cr	5,000
Small Industries Development Bank Of India Debentures \| -	3%	₹53 Cr	5,000
Jio Credit Limited Debentures \| -	3%	₹53 Cr	5,000
Jamnagar Utilities & Power Private Limited Debentures \| -	3%	₹52 Cr	5,000
Indian Railway Finance Corporation Limited Debentures \| -	3%	₹52 Cr	5,000

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Fund Managers

Name	Since	Tenure
Rahul Singh	1 Oct 25	0.92 Yr.
Pratik Shroff	26 Sep 23	2.93 Yr.

Custodians

Company	Address
Standard Chartered Bank - India	Standard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Ltd
Address	138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAX	N.A
Email	N.A

Administrator Companies

Company	Address
LIC Mutual Fund	4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate

Auditors

Company	Address
S. R. BATLIBOI & Co	Express Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and Plan	NAV	6 Month	1 Year	3 Year	5 Year
LIC MF Banking and PSU Debt Fund Growth	₹36.9506 ↓ -0.02	3.11 %	4.76 %	6.73 %	5.73 %
LIC MF Banking and PSU Debt Fund Weekly Dividend, Payout	₹10.3705 ↓ -0.01	3.11 %	5.21 %	6.88 %	5.82 %
LIC MF Banking and PSU Debt Fund Weekly Dividend, Reinvestment	₹10.3705 ↓ -0.01	3.11 %	5.21 %	6.88 %	5.82 %
LIC MF Banking and PSU Debt Fund Monthly Dividend, Payout	₹13.8292 ↓ -0.01	3.11 %	4.76 %	6.73 %	5.73 %
LIC MF Banking and PSU Debt Fund Monthly Dividend, Reinvestment	₹13.8292 ↓ -0.01	3.11 %	4.76 %	6.73 %	5.73 %
LIC MF Banking and PSU Debt Fund Daily Dividend, Payout	₹11.8551 ↓ -0.01	3.11 %	4.76 %	6.48 %	5.63 %
LIC MF Banking and PSU Debt Fund Daily Dividend, Reinvestment	₹11.8551 ↓ -0.01	3.11 %	4.76 %	6.48 %	5.63 %
Data as on 25 Sep 26

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.

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