|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹28.98 (19 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹2,185 Cr|
|Bank Of Baroda||Financial||CD||6.8%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||6.0%|
|National Highways Authority of India Ltd.||Services||NCD||4.8%|
|National Housing Bank||Financial||NCD||4.6%|
|Export-Import Bank Of India||Financial||CD||4.6%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||3.1%|
|National Bank For Agriculture & Rural Development||Financial||NCD||2.9%|
LIC MF Banking & PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Marzban Irani is the Current Fund Manager of LIC MF Banking & PSU Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,185 Cr and the Latest NAV as of 19 Apr 2021 is ₹28.98.
The LIC MF Banking & PSU Debt Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The Scheme seek to generate income and capital appreciation by primarily investing in a portfolio of high quality Debt and Money Market Securities that are issued by Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.