|Min SIP Amount||₹1000|
|NAV||₹10.57 (09 Jul 2020)|
|Fund Started||30 May 2007|
|Fund Size||₹1,433 Cr|
|HDFC Bank Ltd.||Financial||Bonds||4.2%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||3.6%|
|Export-Import Bank Of India||Financial||Debenture||3.6%|
|Reliance Industries Ltd.||Energy||NCD||3.5%|
|National Bank For Agriculture & Rural Development||Financial||Bonds/NCD||3.5%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||3.5%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||3.2%|
|Bank Of Baroda||Financial||CD||3.1%|
|National Thermal Power Corp. Ltd.||Energy||Bonds||3.1%|
LIC MF Banking & PSU Debt Fund Dividend Daily is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 30 May 2007. Marzban Irani is the Current Fund Manager of LIC MF Banking & PSU Debt Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹1,433 Cr and the Latest NAV as of 09 Jul 2020 is ₹10.57.
The LIC MF Banking & PSU Debt Fund Dividend Daily is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The investment objective of the scheme is to provide reasonable possible current income - consistent with preservation of capital and providing liquidity - from investing in a diversified portfolio of short-term money market and debt securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.