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 01 Sep 2026
Growth of ₹100 (rebased over the selected window)
Common period 14 Aug 2013 – 01 Sep 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 |
| 15 Sep 2014 | ₹110.37 | ₹112.66 |
| 17 Oct 2015 | ₹119.31 | ₹123.96 |
| 18 Nov 2016 | ₹130.60 | ₹138.50 |
| 20 Dec 2017 | ₹140.16 | ₹147.88 |
| 21 Jan 2019 | ₹152.11 | ₹158.92 |
| 22 Feb 2020 | ₹170.16 | ₹179.81 |
| 25 Mar 2021 | ₹182.48 | ₹194.70 |
| 26 Apr 2022 | ₹189.93 | ₹205.36 |
| 29 May 2023 | ₹201.67 | ₹219.09 |
| 29 Jun 2024 | ₹217.01 | ₹236.36 |
| 31 Jul 2025 | ₹239.56 | ₹260.38 |
| 01 Sep 2026 | ₹252.70 | ₹275.13 |
| Metric | LIC · Direct NAV ₹39.99 Low to Moderate risk ★★★★☆ | Kotak Mahindra · Direct NAV ₹72.66 Low to Moderate risk ★★★★☆ | Category median Banking and PSU Fund · 20 funds |
|---|---|---|---|
| +5.64% | +5.83%Best in row | +5.40% | |
| +7.31% | +7.38% | +7.14% | |
| +6.25% | +6.50%Best in row | +6.24% | |
| +7.04% | +7.43%Best in row | +7.20% | |
| +7.35% | +8.06%Best in row | +7.51% | |
| +6.91% | +6.99% | — | |
| +7.29% | +7.87%Best in row | +7.53% | |
| +7.24% | +7.80%Best in row | +7.47% | |
| +7.25% | +7.85%Best in row | +7.58% | |
| Risk | |||
| 1.08% | 1.17% | 1.06% | |
| 0.75 | 0.76 | 0.59 | |
| 1.12 | 1.11 | 0.86 | |
| -2.77% | -2.84% | -2.96% | |
| 0.28%Best in row | 0.40% | 0.35% | |
| ₹1,869Cr | ₹5,070Cr | ₹3,329Cr | |
| ₹200 | ₹100 | — | |
| ₹5.00K | ₹100 | — | |
| Pratik Harish Shroff · 2.9y | Abhishek Bisen | — | |
| 03 Jan 2013 | 14 Aug 2013 | — | |
| 3.0% | 3.5% | — | |
10 rows carry the same value for every fund — show
- Benchmark
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- Alpha
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- Beta
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- Upside capture
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- Downside capture
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- Exit load
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- Lock-in
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- Holdings
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- Top 10 weight
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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, Kotak Banking and PSU Debt Fund returned +7.38% 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 Kotak Banking and PSU Debt Fund +6.50% 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 (+1.17% 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 ₹1,869Cr against Kotak Banking and PSU Debt Fund's ₹5,070Cr 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.