|Min SIP Amount||₹1000|
|NAV||₹10.34 (26 Feb 2021)|
|Fund Started||30 May 2007|
|Fund Size||₹2,622 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||5.7%|
|Kotak Mahindra Bank Ltd.||Financial||CD||5.7%|
|Bank Of Baroda||Financial||CD||5.7%|
|Axis Bank Ltd.||Financial||CD||4.8%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||4.0%|
|Hindustan Petroleum Corpn. Ltd.||Energy||CP||3.8%|
|National Housing Bank||Financial||NCD||3.8%|
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 ₹2,622 Cr and the Latest NAV as of 26 Feb 2021 is ₹10.34.
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.
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.