LIC MF Banking & PSU Debt Fund vs SBI Banking & PSU Debt Fund
LIC MF Banking & PSU Debt Fund (Direct) and SBI 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 22 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 18 Nov 2013 – 22 Oct 2026, limited by SBI 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 | SBI Banking & PSU Debt Fund |
|---|---|---|
| 18 Nov 2013 | ₹100.00 | ₹100.00 |
| 16 Dec 2014 | ₹109.66 | ₹111.53 |
| 14 Jan 2016 | ₹117.40 | ₹122.40 |
| 10 Feb 2017 | ₹128.58 | ₹134.12 |
| 11 Mar 2018 | ₹137.61 | ₹144.22 |
| 08 Apr 2019 | ₹150.99 | ₹157.27 |
| 06 May 2020 | ₹167.58 | ₹175.56 |
| 03 Jun 2021 | ₹179.15 | ₹189.78 |
| 01 Jul 2022 | ₹184.68 | ₹194.71 |
| 30 Jul 2023 | ₹197.52 | ₹208.62 |
| 26 Aug 2024 | ₹214.00 | ₹225.96 |
| 24 Sep 2025 | ₹233.68 | ₹246.41 |
| 22 Oct 2026 | ₹245.44 | ₹259.23 |
| Metric | LIC · Direct NAV ₹39.99 Low to Moderate risk ★★★★☆ | SBI · Direct NAV ₹3,534.68 Low to Moderate risk ★★★★☆ | Category median Banking and PSU Fund · 20 funds |
|---|---|---|---|
| +4.15% | +4.27%Best in row | +3.86% | |
| +7.13% | +7.06% | +6.88% | |
| +6.20% | +6.11% | +6.10% | |
| +6.91% | +7.05%Best in row | +7.02% | |
| +7.28% | +7.65% | +7.41% | |
| +6.57% | +6.58% | — | |
| +7.29% | +7.53%Best in row | +7.52% | |
| +7.22% | +7.45%Best in row | +7.45% | |
| +7.24% | +7.52%Best in row | +7.55% | |
| Risk | |||
| 1.08% | 1.02% | 1.08% | |
| 0.58 | 0.55 | 0.35 | |
| 0.86 | 0.82 | 0.50 | |
| -2.77% | -3.20% | -2.96% | |
| 0.28%Best in row | 0.41% | 0.35% | |
| ₹1,755Cr | ₹2,687Cr | ₹2,902Cr | |
| ₹100 | ₹500 | — | |
| Pratik Harish Shroff · 3.1y | Rajeev Radhakrishnan · 12.9y | — | |
| 31 May 2007 | 09 Oct 2009 | — | |
| 5.1% | 9.8% | — | |
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 SBI Banking & PSU Debt Fund?
Over the last 3 years, LIC MF Banking & PSU Debt Fund returned +7.13% CAGR against SBI Banking & PSU Debt Fund's +7.06%, computed from AMFI NAV history. Over 5 years: LIC MF Banking & PSU Debt Fund +6.20% vs SBI Banking & PSU Debt Fund +6.11% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — LIC MF Banking & PSU Debt Fund or SBI Banking & 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 SBI Banking & PSU Debt Fund's 0.41%. 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 SBI Banking & PSU Debt Fund?
LIC MF Banking & PSU Debt Fund has shown higher volatility (+1.08% annualized vs SBI Banking & PSU Debt Fund's +1.02%), 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 SBI Banking & PSU Debt Fund -0.60%.
Which fund manages more money — LIC MF Banking & PSU Debt Fund or SBI Banking & PSU Debt Fund?
SBI Banking & PSU Debt Fund is the larger fund: LIC MF Banking & PSU Debt Fund manages ₹1,755Cr against SBI Banking & PSU Debt Fund's ₹2,687Cr 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 SBI 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.