LIC MF Banking & PSU Debt Fund vs Kotak Banking and PSU Debt Fund
LIC MF Banking & PSU Debt Fund (Direct) and Kotak Banking and 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 14 Aug 2013 – 16 Oct 2026, limited by Kotak Banking and 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 | Kotak Banking and PSU Debt Fund |
|---|---|---|
| 14 Aug 2013 | ₹100.00 | ₹100.00 |
| 19 Sep 2014 | ₹110.46 | ₹112.77 |
| 25 Oct 2015 | ₹119.42 | ₹124.12 |
| 29 Nov 2016 | ₹130.92 | ₹139.04 |
| 04 Jan 2018 | ₹140.41 | ₹147.99 |
| 09 Feb 2019 | ₹152.93 | ₹159.84 |
| 16 Mar 2020 | ₹168.85 | ₹178.25 |
| 20 Apr 2021 | ₹183.17 | ₹195.76 |
| 26 May 2022 | ₹189.36 | ₹204.31 |
| 01 Jul 2023 | ₹202.35 | ₹219.80 |
| 05 Aug 2024 | ₹219.36 | ₹239.06 |
| 10 Sep 2025 | ₹239.93 | ₹260.65 |
| 16 Oct 2026 | ₹253.10 | ₹274.84 |
| Metric | LIC · Direct NAV ₹40.05 Low to Moderate risk ★★★★☆ | Kotak Mahindra · Direct NAV ₹72.58 Low to Moderate risk ★★★★☆ | Category median Banking and PSU Fund · 20 funds |
|---|---|---|---|
| +4.45%Best in row | +4.29% | +4.12% | |
| +7.20% | +7.13% | +6.98% | |
| +6.23% | +6.31% | +6.15% | |
| +6.93% | +7.24%Best in row | +7.05% | |
| +7.30% | +7.98% | +7.44% | |
| +6.67% | +6.63% | — | |
| +7.30% | +7.88%Best in row | +7.52% | |
| +7.23% | +7.79%Best in row | +7.45% | |
| +7.25% | +7.84%Best in row | +7.56% | |
| Risk | |||
| 1.08% | 1.16% | 1.07% | |
| 0.65Best in row | 0.55 | 0.42 | |
| 0.98Best in row | 0.80 | 0.62 | |
| -2.77% | -2.84% | -2.96% | |
| 0.28%Best in row | 0.40% | 0.35% | |
| ₹1,755Cr | ₹4,928Cr | ₹2,902Cr | |
| ₹5.00K | ₹100 | — | |
| Pratik Harish Shroff · 3.1y | Deepak Agrawal · 18.2y | — | |
| 31 May 2007 | 29 Dec 1998 | — | |
| 5.1% | 8.7% | — | |
11 rows carry the same value for every fund — show
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Exit load
- None
- Lock-in
- None
- Min SIP
- ₹100
- 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 Kotak Banking and PSU Debt Fund?
Over the last 3 years, LIC MF Banking & PSU Debt Fund returned +7.20% CAGR against Kotak Banking and PSU Debt Fund's +7.13%, computed from AMFI NAV history. Over 5 years: LIC MF Banking & PSU Debt Fund +6.23% vs Kotak Banking and PSU Debt Fund +6.31% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — LIC MF Banking & PSU Debt Fund or Kotak Banking and PSU Debt Fund?
LIC MF Banking & PSU Debt Fund has the lower expense ratio: LIC MF Banking & PSU Debt Fund charges 0.28% a year against Kotak Banking and PSU Debt Fund's 0.40%. 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 Kotak Banking and PSU Debt Fund?
Kotak Banking and PSU Debt Fund has shown higher volatility (+1.16% annualized vs LIC MF Banking & PSU Debt Fund's +1.08%), 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 Kotak Banking and PSU Debt Fund -0.63%.
Which fund manages more money — LIC MF Banking & PSU Debt Fund or Kotak Banking and PSU Debt Fund?
Kotak Banking and PSU Debt Fund is the larger fund: LIC MF Banking & PSU Debt Fund manages ₹1,755Cr against Kotak Banking and PSU Debt Fund's ₹4,928Cr 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 Kotak Banking and 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.