Fund Details
LIC MF Banking & PSU Debt Fund Dividend Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.83% |
| NAV | ₹10.75 (04 Dec 2020) |
|---|---|
| Fund Started | 30 May 2007 |
| Fund Size | ₹1,771 Cr |
Returns
as per Historical Returns
Comparison
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. 1Y Returns are higher than the benchmark
4. 3Y Returns are higher than the benchmark
5. Exit load is zero
6. Age is more than 10 years
7. Risk-adjusted returns are higher compared to the category
1. Risk is higher compared to the benchmark
2. 1Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 6.5% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 5.6% |
| National Housing Bank | Financial | NCD | 5.6% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 5.5% |
| GOI | Sovereign | GOI Sec | 5.2% |
| Axis Bank Ltd. | Financial | CD | 4.2% |
| GOI | Sovereign | GOI Sec | 4.2% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 4.0% |
| Reliance Industries Ltd. | Energy | NCD | 3.2% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 3.1% |
Fund Managers
LIC MF Banking & PSU Debt Fund Dividend Monthly Details
LIC MF Banking & PSU Debt Fund Dividend Monthly 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 Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,771 Cr and the Latest NAV as of 04 Dec 2020 is ₹10.75.
The LIC MF Banking & PSU Debt Fund Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
