|Min SIP Amount||₹1000|
|NAV||₹10.94 (31 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,446 Cr|
|Indian Oil Corpn. Ltd.||Energy||Debenture||4.7%|
|Reliance Industries Ltd.||Energy||NCD||3.6%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||3.6%|
|Export-Import Bank Of India||Financial||Debenture||3.6%|
|National Bank For Agriculture & Rural Development||Financial||Bonds/NCD||3.5%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||3.5%|
|HDFC Bank Ltd.||Financial||Bonds||3.5%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||3.2%|
|National Housing Bank||Financial||NCD||3.1%|
LIC MF Banking & PSU Debt Fund Direct Dividend monthly 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 Dividend monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,446 Cr and the Latest NAV as of 31 Jul 2020 is ₹10.94.
The LIC MF Banking & PSU Debt Fund Direct Dividend monthly 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.