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LIC MF Banking & PSU Debt Fund Dividend Weekly+0.11%

8.30%
1 Year Return
Debt
Banking & PSU
4.0star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Banking & PSU Debt Fund Dividend Weekly

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.83%
NAV10.43 (04 Dec 2020)
Fund Started30 May 2007
Fund Size1,771 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
8.3%
8.6%
8.0%
7.9%
Category Average
9.5%
8.6%
8.5%
-
Rank Within Category
17
13
12
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.3% annual returns

    Comparison

    Data not available
    Pros
    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
    Cons
    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

    NameSectorInstrument% Assets
    Indian Railway Finance Corpn. Ltd.FinancialDebenture6.5%
    Small Industries Devp. Bank of India Ltd.FinancialCP5.6%
    National Housing BankFinancialNCD5.6%
    National Bank For Agriculture & Rural DevelopmentFinancialNCD5.5%
    GOISovereignGOI Sec5.2%
    Axis Bank Ltd.FinancialCD4.2%
    GOISovereignGOI Sec4.2%
    Indian Oil Corpn. Ltd.EnergyDebenture4.0%
    Reliance Industries Ltd.EnergyNCD3.2%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture3.1%
    See All

    Fund Managers

    Marzban Irani
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    LIC MF Banking & PSU Debt Fund Dividend Weekly Details

    LIC MF Banking & PSU Debt Fund Dividend Weekly 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 Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹1,771 Cr and the Latest NAV as of 04 Dec 2020 is ₹10.43.

    The LIC MF Banking & PSU Debt Fund Dividend Weekly 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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About LIC Mutual Fund

    Address
    4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
    Phone
    022-66016000
    Launch Date
    20 Apr 1994
    Website
    NA
    LIC Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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