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Home>Mutual Funds>LIC Mutual Fund>LIC MF Banking & PSU Debt Fund Direct Growth

LIC MF Banking & PSU Debt Fund Direct Growth

Debt
Banking and PSU
Low to Moderate Risk
8.20%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 Oct 2021₹29.60
Min. SIP amount₹1,000
Rating2star
Fund size₹1,958.87 Cr

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.5%8.2%7.6%7.9%
Category average4.4%8.4%7.7%NA
Rank with in category171512NA
Understand termsinfo

Holdings (49)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills8.2%
FinancialCD6.3%
National Housing Bank
FinancialDebenture5.3%
National Highways Authority of India Ltd.
ServicesNCD4.9%
Indian Railway Finance Corporation Ltd.
FinancialDebenture3.9%
EnergyDebenture3.6%
EnergyNCD2.8%
Housing & Urban Development Corporation Ltd.
FinancialDebenture2.8%
EnergyDebenture2.8%
Power Grid Corporation of India Ltd.
EnergyBonds2.7%
See All

Pros and cons

info
Category: Debt Banking and PSU
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Pros

Exit load is zero
Lower expense ratio: 0.28%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.28%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000

Fund management

Marzban Irani
Aug 2016 - Present
View details
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Fund house & investment objective

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Fund house contact details

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