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 01 Sep 2026
Growth of ₹100 (rebased over the selected window)
Common period 25 Apr 2014 – 01 Sep 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 |
| 06 May 2015 | ₹108.03 | ₹110.95 |
| 16 May 2016 | ₹116.36 | ₹120.94 |
| 27 May 2017 | ₹126.25 | ₹131.94 |
| 07 Jun 2018 | ₹134.32 | ₹138.68 |
| 18 Jun 2019 | ₹148.98 | ₹155.57 |
| 28 Jun 2020 | ₹165.24 | ₹173.60 |
| 09 Jul 2021 | ₹172.99 | ₹182.95 |
| 20 Jul 2022 | ₹178.41 | ₹188.76 |
| 31 Jul 2023 | ₹190.27 | ₹201.94 |
| 10 Aug 2024 | ₹205.28 | ₹217.75 |
| 21 Aug 2025 | ₹223.89 | ₹236.62 |
| 01 Sep 2026 | ₹236.34 | ₹252.56 |
| Metric | LIC · Direct NAV ₹39.99 Low to Moderate risk ★★★★☆ | Franklin Templeton · Direct NAV ₹25.26 Low to Moderate risk ★★★★★ | Category median Banking and PSU Fund · 20 funds |
|---|---|---|---|
| +5.64% | +6.66%Best in row | +5.40% | |
| +7.31% | +7.53%Best in row | +7.14% | |
| +6.25% | +6.42%Best in row | +6.24% | |
| +7.04% | +7.30%Best in row | +7.20% | |
| +7.35% | +7.79%Best in row | +7.51% | |
| +6.91% | +7.20%Best in row | — | |
| +7.29% | +7.53%Best in row | +7.53% | |
| +7.24% | +7.52%Best in row | +7.47% | |
| +7.25% | +7.59%Best in row | +7.58% | |
| Risk | |||
| 1.08% | 0.99% | 1.06% | |
| 0.75 | 1.04Best in row | 0.59 | |
| 1.12 | 1.58Best in row | 0.86 | |
| -2.77%Best in row | -3.64% | -2.96% | |
| 0.28% | 0.23%Best in row | 0.35% | |
| ₹1,869Cr | ₹1.11Cr | ₹3,329Cr | |
| ₹200 | ₹500 | — | |
| Pratik Harish Shroff · 2.9y | Sandeep Manam · 4.9y | — | |
| 03 Jan 2013 | 25 Apr 2014 | — | |
| 3.0% | 18.4% | — | |
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 +7.53% CAGR against LIC MF Banking & PSU Debt Fund's +7.31%, computed from AMFI NAV history. Over 5 years: LIC MF Banking & PSU Debt Fund +6.25% vs Franklin India Banking & PSU Debt Fund +6.42% 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 +0.99%), 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 ₹1,869Cr against Franklin India Banking & PSU Debt Fund's ₹1.11Cr 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.