Sharpe ratio
0.75Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+4.48%1Y Absolute Return
-0.06%1D
Loading NAV history…
Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| LIC MF Banking & PSU Fund-Direct Plan-GrowthFund 5Y annualised return | ₹8,52,756 | ₹7,32,612 | ₹1,20,144 | +6.30% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age13.9 yrs
Fund information
Scheme code120338
ISININF767K01GI4
BenchmarkNifty Banking & PSU Debt Index A-II
CategoryDebt Scheme - Banking and PSU Fund
Expense ratio0.27%
Exit loadNil
Minimum SIP₹200 SIP
Return comparison
18th / 143 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +5.49% | — | — |
| 3M | +1.75% | — | — |
| 6M | +6.23% | — | — |
| 1Y | +4.48% | — | +1.68% |
| 3Y | +7.16% | — | +3.16% |
| 5Y | +6.30% | — | +2.94% |
| 10Y | +6.93% | — | — |
| Since Launch | +7.29% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
1.46Return earned while limiting downside risk.
Good
Good downside protection with strong returns.
Standard deviation
1.27%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
2.64How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt99.59%
Cash0.41%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 55 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| NATIONAL HIGHWAYS AUTHORITY OF INDIA SERIES IV 8.37 BD 21JN29 FVRS10LAC | Industrials | Debenture | 5.732% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR III 7.34 BD 26FB29 FVRS1LAC | Financial | Bonds | 4.5381% |
| CANARA BANK CD 28JAN27 | Financial | Certificate of Deposit | 3.8676% |
| Nuclear Power Corpn. Of India Ltd. 8.14 25/03/2028 | Energy & Utilities | Debenture | 3.3508% |
| NLC INDIA LIMITED SR I 8.09 LOA 29MY29 FVRS10LAC | Energy & Utilities | Non Convertible Debenture | 3.3216% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC | Financial | Bonds | 2.8513% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.83 BD 24NV28 FVRS1LAC | Financial | Debenture | 2.8396% |
| JAMNAGAR UTILITIES & POWER PRIVATE LIMITED SR PPD8 7.43 LOA 24OT34 FVRS1LAC | Industrials | Debenture | 2.8002% |
| JIO CREDIT LIMITED SR III 7.05 NCD 13OT27 FVRS1LAC | Financial | Bonds/NCDs | 2.7955% |
| GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 | Entities | GOI Securities | 2.7836% |
Fund management
PR
Pratik Harish Shroff
Since 2023 · Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities
Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
RA
Rahul Singh
Since 2025 · 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).
Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Compare similar funds
No comparable category funds are available yet.
Summary
A moderate-risk debt scheme - banking and psu fund. Losses and swings stayed contained — worst fall -2.8%, volatility 1.3%. Financial makes up 71% — trouble in that sector hits the whole fund.
Strengths
- Losses and swings stayed contained — worst fall -2.8%, volatility 1.3%.
- Recovered from its worst fall in 1 months.
- Ranks 18 of 143 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its moderate risk level.
Risk drivers
- Financial makes up 71% — trouble in that sector hits the whole fund.