Should I invest in LIC MF Banking & PSU Fund-Daily IDCW?

We don't give personal investment advice. LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.6%. 5-year CAGR: 1.95%.

LIC

LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW

Latest NAV

₹11.7877

As of

24 Jul 2026

4,622 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.03%	-0.03%	+0.07	3 / 16	Q1
1W	+0.02%	-0.03%	+0.05	4 / 16	Q1
2W	-0.07%	-0.01%	-0.05	6 / 16	Q2
1M	+0.37%	+0.25%	+0.13	6 / 16	Q2
3M	+1.83%	+0.88%	+0.95	3 / 16	Q1
6M	+2.99%	+1.38%	+1.60	5 / 16	Q2
YTD	+2.74%	+1.01%	+1.73	3 / 16	Q1
1Y	+4.38%	+1.85%	+2.53	6 / 16	Q2
2Y	+3.89%	+2.79%	+1.10	6 / 16	Q2
3Y	+2.68%	+2.64%	+0.04	6 / 16	Q2
4Y	+2.16%	+2.53%	-0.37	6 / 16	Q2
5Y	+1.95%	+2.21%	-0.26	6 / 16	Q2
7Y	+1.97%	+1.82%	+0.16	6 / 15	Q2
10Y	+1.56%	+1.60%	-0.04	5 / 14	Q2
Inception	+0.86%	+2.10%	-1.24	7 / 16	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.74%	+1.27%	+1.48	3 / 12
2025	+2.99%	+3.30%	-0.31	5 / 12
2024	+2.26%	+3.30%	-1.04	6 / 12
2023	+0.61%	+2.35%	-1.74	7 / 12
2022	+0.16%	+0.53%	-0.37	5 / 15
2021	+2.18%	-0.51%	+2.69	3 / 15
2020	+2.50%	+1.99%	+0.52	5 / 16
2019	+1.91%	+2.83%	-0.92	6 / 16
2018	+0.14%	+1.78%	-1.64	12 / 16
2017	+0.05%	+1.04%	-0.99	7 / 16
2016	+0.00%	+3.03%	-3.03	13 / 16

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.78%

222 windows

min -0.4% · max 4.4%

64% positive

3-Year rolling

+0.70%

197 windows

min 0.0% · max 2.7%

92% positive

5-Year rolling

+0.70%

172 windows

min 0.0% · max 2.0%

100% positive

7-Year rolling

+0.68%

149 windows

min 0.1% · max 2.0%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.44%

3-year · annualised

Sharpe ratio

-2.68

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.60%

Jun 2025 → Jun 2025

% positive months

55.6%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Banking & PSU Fund

Scheme	Fund house	NAV	As of
HDFC Banking and PSU Debt Fund - IDCW Option	HDFC	₹10.1192	24 Jul 2026
NIPPON INDIA BANKING and PSU FUND - WEEKLY IDCW Option	Nippon India	₹10.2686	24 Jul 2026
ICICI Prudential Banking and PSU Debt Fund - Quarterly IDCW	ICICI Prudential	₹11.1464	24 Jul 2026
Franklin India Banking and PSU Debt Fund - IDCW	Franklin India	₹10.9163	24 Jul 2026
Kotak Banking and PSU Debt - Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹13.0378	24 Jul 2026
LIC MF Banking & PSU Fund-Regular Plan-Growth	LIC	₹36.7403	24 Jul 2026

Recent NAVs

Date	NAV
24 Jul 2026	₹11.7877
23 Jul 2026	₹11.7837
22 Jul 2026	₹11.7851
21 Jul 2026	₹11.7900
20 Jul 2026	₹11.7821
17 Jul 2026	₹11.7852
16 Jul 2026	₹11.7844
15 Jul 2026	₹11.7779
14 Jul 2026	₹11.7729
13 Jul 2026	₹11.7968

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 24 Jul 2026, the NAV of LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW is ₹11.7877. It's a Banking & PSU Fund from LIC, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW has NAV history starting from 31 May 2007, a track record of about 19 years 1 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW is managed by LIC. It's classified by AMFI under the 'Banking & PSU Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW has delivered a absolute return of 4.38% — +2.53 pp ahead of the Banking & PSU Fund category average of 1.85%. The fund ranks #6 of 16 in its category — the second (Q2) quartile.

Over the trailing 3-year window, LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW has delivered a CAGR of 2.68% — +0.04 pp ahead of the Banking & PSU Fund category average of 2.64%. The fund ranks #6 of 16 in its category — the second (Q2) quartile.

Over the trailing 5-year window, LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW has delivered a CAGR of 1.95% — -0.26 pp behind the Banking & PSU Fund category average of 2.21%. The fund ranks #6 of 16 in its category — the second (Q2) quartile.

₹1 lakh invested in LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW exactly 10 years ago would be worth approximately ₹116,710 today — a multiplier of 1.17×, based on the 10-year CAGR of 1.56%. The category average over the same window would have grown ₹1 lakh to ₹117,205.

A ₹10,000 monthly SIP in LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹642,113 today. That's an XIRR (money-weighted annualised return) of 2.68%.

A ₹10,000 monthly SIP for 10 years in LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW = ₹1,200,000 invested. It would currently be worth ₹1,331,960 (multiplier 1.11×). XIRR: 2.06%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW ranks #6 out of 16 funds in the Banking & PSU Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.21%; this fund delivered 1.95%.

The worst peak-to-trough decline LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW has experienced over the last 5-year window is 0.60% — its NAV fell from a high on 06 Jun 2025 to a low on 13 Jun 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW averaged 0.70% (best 1.96%, worst 0.04%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -3.72 — negative risk-adjusted performance.

In calendar year 2025, LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW returned 2.99% — lagging the Banking & PSU Fund category average of 3.30% by 0.31 pp. It ranked #5 of 12 in its category that year.

LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. LIC MF Banking & PSU Fund-Regular Plan-Daily IDCW is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.6%. 5-year CAGR: 1.95%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.