LIC MF Banking & PSU Debt Fund vs Franklin India Banking & PSU Debt Fund
LIC MF Banking & PSU Debt Fund (Direct) and Franklin India Banking & PSU Debt Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Banking and PSU Fund schemes — see the best banking & psu mutual funds for the full ranking.
Head to head
NAVs as of 16 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 25 Apr 2014 – 16 Oct 2026, limited by Franklin India Banking & PSU Debt Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | LIC MF Banking & PSU Debt Fund | Franklin India Banking & PSU Debt Fund |
|---|---|---|
| 25 Apr 2014 | ₹100.00 | ₹100.00 |
| 10 May 2015 | ₹107.89 | ₹110.75 |
| 24 May 2016 | ₹116.56 | ₹121.07 |
| 07 Jun 2017 | ₹126.72 | ₹132.61 |
| 22 Jun 2018 | ₹134.90 | ₹139.57 |
| 07 Jul 2019 | ₹149.77 | ₹156.28 |
| 21 Jul 2020 | ₹166.93 | ₹175.49 |
| 04 Aug 2021 | ₹173.74 | ₹183.81 |
| 19 Aug 2022 | ₹179.36 | ₹190.32 |
| 03 Sep 2023 | ₹191.26 | ₹203.11 |
| 17 Sep 2024 | ₹207.30 | ₹219.59 |
| 01 Oct 2025 | ₹225.54 | ₹238.65 |
| 16 Oct 2026 | ₹236.71 | ₹253.12 |
| Metric | LIC · Direct NAV ₹40.05 Low to Moderate risk ★★★★☆ | Franklin Templeton · Direct NAV ₹25.31 Low to Moderate risk ★★★★★ | Category median Banking and PSU Fund · 20 funds |
|---|---|---|---|
| +4.45% | +5.45%Best in row | +4.12% | |
| +7.20% | +7.40%Best in row | +6.98% | |
| +6.23% | +6.41%Best in row | +6.15% | |
| +6.93% | +7.18%Best in row | +7.05% | |
| +7.30% | +7.73% | +7.44% | |
| +6.67% | +6.99%Best in row | — | |
| +7.30% | +7.52%Best in row | +7.52% | |
| +7.23% | +7.49%Best in row | +7.45% | |
| +7.25% | +7.57%Best in row | +7.56% | |
| Risk | |||
| 1.08% | 1.00% | 1.07% | |
| 0.65 | 0.90Best in row | 0.42 | |
| 0.98 | 1.36Best in row | 0.62 | |
| -2.77% | -3.64% | -2.96% | |
| 0.28% | 0.23%Best in row | 0.35% | |
| ₹1,755Cr | ₹576.51Cr | ₹2,902Cr | |
| ₹100 | ₹500 | — | |
| Pratik Harish Shroff · 3.1y | Sandeep Manam | — | |
| 31 May 2007 | 25 Apr 2014 | — | |
| 5.1% | 5.8% | — | |
11 rows carry the same value for every fund — show
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Exit load
- None
- Lock-in
- None
- Min lumpsum
- ₹5.00K
- Portfolio turnover
- —
- Holdings
- —
- Top 10 weight
- —
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — LIC MF Banking & PSU Debt Fund or Franklin India Banking & PSU Debt Fund?
Over the last 3 years, Franklin India Banking & PSU Debt Fund returned +7.40% CAGR against LIC MF Banking & PSU Debt Fund's +7.20%, computed from AMFI NAV history. Over 5 years: LIC MF Banking & PSU Debt Fund +6.23% vs Franklin India Banking & PSU Debt Fund +6.41% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — LIC MF Banking & PSU Debt Fund or Franklin India Banking & PSU Debt Fund?
Franklin India Banking & PSU Debt Fund has the lower expense ratio: LIC MF Banking & PSU Debt Fund charges 0.28% a year against Franklin India Banking & PSU Debt Fund's 0.23%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — LIC MF Banking & PSU Debt Fund or Franklin India Banking & PSU Debt Fund?
LIC MF Banking & PSU Debt Fund has shown higher volatility (+1.08% annualized vs Franklin India Banking & PSU Debt Fund's +1.00%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: LIC MF Banking & PSU Debt Fund -0.59% vs Franklin India Banking & PSU Debt Fund -0.62%.
Which fund manages more money — LIC MF Banking & PSU Debt Fund or Franklin India Banking & PSU Debt Fund?
LIC MF Banking & PSU Debt Fund is the larger fund: LIC MF Banking & PSU Debt Fund manages ₹1,755Cr against Franklin India Banking & PSU Debt Fund's ₹576.51Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are LIC MF Banking & PSU Debt Fund and Franklin India Banking & PSU Debt Fund in the same category?
Yes — both are Banking and PSU Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.