|Min SIP Amount||₹1000|
|NAV||₹27.33 (21 Jan 2021)|
|Fund Started||30 May 2007|
|Fund Size||₹2,456 Cr|
|Kotak Mahindra Bank Ltd.||Financial||CD||6.1%|
|Bank Of Baroda||Financial||CD||6.0%|
|National Thermal Power Corp. Ltd.||Energy||Debenture||4.1%|
|National Housing Bank||Financial||NCD||4.1%|
|Small Industries Devp. Bank of India Ltd.||Financial||CP||4.1%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||3.1%|
LIC MF Banking & PSU Debt Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,456 Cr and the Latest NAV as of 21 Jan 2021 is ₹27.33.
The LIC MF Banking & PSU Debt Fund Growth 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.