Franklin Templeton Mutual Fund
Franklin India Banking & PSU Debt Fund - Direct - Growth
Banking and PSU
+7.3% 3Y CAGR
LIC Mutual Fund
Banking and PSU · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
LIC MF Banking & PSU Fund is a Banking and PSU fund from LIC Mutual Fund, with NAVs going back to January 2013. This page covers its direct plan, growth option. It manages ₹1,593 crore, the 12th largest of 19 Banking and PSU funds. Its expense ratio is 0.28% a year, lower than the median of 0.36% for Banking and PSU funds.
Over the last three years it returned 7.10% a year, 3rd of 19 Banking and PSU funds (median 6.86%). Over five years it returned 6.22% a year, 7th of 17. It is 0.69 percentage points a year ahead of its benchmark, the NIFTY Banking & PSU Debt Index A-II, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 0.6%, and AMFI's riskometer rates it Low to Moderate.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
+4.26%
3 Years
+7.10%
5 Years
+6.22%
Since launch (3 Jan 2013)
+7.27%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | +4.18% | +3.59% | +0.59 pts |
| 3 Years | +7.10% | +6.41% | +0.69 pts |
| 5 Years | +6.21% | +5.60% | +0.61 pts |
| 10 Years | +6.90% | +6.46% | +0.44 pts |
| Since launch | +7.26% | +7.16% | +0.10 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
1.1%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-0.6%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 3 Jan 2013.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on LIC Mutual Fund's website before you invest.
Funds next to LIC MF Banking & PSU Fund, in the same category, ranked by 3-year return.
Franklin Templeton Mutual Fund
Banking and PSU
+7.3% 3Y CAGR
LIC MF Banking & PSU Fund-Direct Plan-Growth
Research-only · No transactions