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

We don't give personal investment advice. LIC MF Banking & PSU Fund-Regular Plan-Monthly 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: 1.3%. 5-year CAGR: 5.42%.

LIC

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

Latest NAV

₹13.7505

As of

24 Jul 2026

4,620 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	6 / 16	Q2
1W	+0.02%	-0.03%	+0.05	7 / 16	Q2
2W	-0.07%	-0.01%	-0.05	9 / 16	Q3
1M	+0.37%	+0.25%	+0.13	9 / 16	Q3
3M	+1.83%	+0.88%	+0.95	5 / 16	Q2
6M	+2.99%	+1.38%	+1.60	6 / 16	Q2
YTD	+2.74%	+1.01%	+1.73	5 / 16	Q2
1Y	+4.50%	+1.85%	+2.65	3 / 16	Q1
2Y	+6.84%	+2.79%	+4.04	3 / 16	Q1
3Y	+6.83%	+2.64%	+4.19	5 / 16	Q2
4Y	+6.61%	+2.53%	+4.08	4 / 16	Q1
5Y	+5.42%	+2.21%	+3.21	4 / 16	Q1
7Y	+4.14%	+1.82%	+2.33	3 / 15	Q1
10Y	+3.05%	+1.60%	+1.45	3 / 14	Q1
Inception	+1.67%	+2.10%	-0.43	5 / 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	5 / 12
2025	+7.49%	+3.30%	+4.19	3 / 12
2024	+7.75%	+3.30%	+4.45	3 / 12
2023	+6.51%	+2.35%	+4.16	3 / 12
2022	+3.06%	+0.53%	+2.53	2 / 15
2021	-1.82%	-0.51%	-1.31	13 / 15
2020	+3.68%	+1.99%	+1.70	3 / 16
2019	+2.49%	+2.83%	-0.33	5 / 16
2018	-0.33%	+1.78%	-2.12	14 / 16
2017	-0.11%	+1.04%	-1.15	8 / 16
2016	+0.01%	+3.03%	-3.02	12 / 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

+1.65%

222 windows

min -2.9% · max 9.9%

68% positive

3-Year rolling

+1.40%

197 windows

min -0.4% · max 7.4%

78% positive

5-Year rolling

+1.15%

172 windows

min -0.2% · max 5.4%

91% positive

7-Year rolling

+1.05%

149 windows

min 0.0% · max 4.3%

96% 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

1.56%

3-year · annualised

Sharpe ratio

0.08

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.60%

Jun 2025 → Jun 2025

% positive months

88.9%

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-Daily IDCW	LIC	₹11.7877	24 Jul 2026

Recent NAVs

Date	NAV
24 Jul 2026	₹13.7505
23 Jul 2026	₹13.7459
22 Jul 2026	₹13.7475
21 Jul 2026	₹13.7533
20 Jul 2026	₹13.7440
17 Jul 2026	₹13.7476
16 Jul 2026	₹13.7467
15 Jul 2026	₹13.7391
14 Jul 2026	₹13.7333
13 Jul 2026	₹13.7611

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-Monthly IDCW is ₹13.7505. 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-Monthly IDCW has NAV history starting from 04 Jun 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-Monthly 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-Monthly IDCW has delivered a absolute return of 4.50% — +2.65 pp ahead of the Banking & PSU Fund category average of 1.85%. The fund ranks #3 of 16 in its category — the top (Q1) quartile.

Over the trailing 3-year window, LIC MF Banking & PSU Fund-Regular Plan-Monthly IDCW has delivered a CAGR of 6.83% — +4.19 pp ahead of the Banking & PSU Fund category average of 2.64%. The fund ranks #5 of 16 in its category — the second (Q2) quartile.

Over the trailing 5-year window, LIC MF Banking & PSU Fund-Regular Plan-Monthly IDCW has delivered a CAGR of 5.42% — +3.21 pp ahead of the Banking & PSU Fund category average of 2.21%. The fund ranks #4 of 16 in its category — the top (Q1) quartile.

₹1 lakh invested in LIC MF Banking & PSU Fund-Regular Plan-Monthly IDCW exactly 10 years ago would be worth approximately ₹135,000 today — a multiplier of 1.35×, based on the 10-year CAGR of 3.05%. 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-Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹705,435 today. That's an XIRR (money-weighted annualised return) of 6.41%.

A ₹10,000 monthly SIP for 10 years in LIC MF Banking & PSU Fund-Regular Plan-Monthly IDCW = ₹1,200,000 invested. It would currently be worth ₹1,505,893 (multiplier 1.25×). XIRR: 4.44%. 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-Monthly IDCW ranks #4 out of 16 funds in the Banking & PSU Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.21%; this fund delivered 5.42%.

The worst peak-to-trough decline LIC MF Banking & PSU Fund-Regular Plan-Monthly IDCW has experienced over the last 5-year window is 1.28% — its NAV fell from a high on 21 Sep 2021 to a low on 25 Nov 2021. 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-Monthly IDCW averaged 1.15% (best 5.44%, worst -0.15%). 91% of rolling windows ended positive. The 5-year Sharpe ratio is -0.75 — negative risk-adjusted performance.

In calendar year 2025, LIC MF Banking & PSU Fund-Regular Plan-Monthly IDCW returned 7.49% — beating the Banking & PSU Fund category average of 3.30% by 4.19 pp. It ranked #3 of 12 in its category that year.

LIC MF Banking & PSU Fund-Regular Plan-Monthly 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-Monthly 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: 1.3%. 5-year CAGR: 5.42%.

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