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LIC MF Banking & PSU Debt Fund Growth+0.01%

7.76%
1 Year Return
Debt
Banking & PSU
4.0star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Banking & PSU Debt Fund Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.83%
NAV₹27.33 (21 Jan 2021)
Fund Started30 May 2007
Fund Size2,456 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
7.8%
8.3%
7.8%
7.8%
Category Average
9.1%
8.6%
8.3%
-
Rank Within Category
17
13
12
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 7.8% returns per annum

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
Kotak Mahindra Bank Ltd.FinancialCD6.1%
Bank Of BarodaFinancialCD6.0%
REC Ltd.FinancialNCD4.5%
National Thermal Power Corp. Ltd.EnergyDebenture4.1%
GOISovereignGOI Sec4.1%
National Housing BankFinancialNCD4.1%
Small Industries Devp. Bank of India Ltd.FinancialCP4.1%
GOISovereignGOI Sec3.5%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture3.1%
GOISovereignGOI Sec3.1%
See All

Fund Managers

Marzban Irani
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LIC MF Banking & PSU Debt Fund Growth Details

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.

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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