LIC MF Banking & PSU Debt Fund - Growth - Direct Plan

Other Plans and Options
  • (-0.01%)Nav, as on 16-04-2021

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  • Net Change on 16-04-2021

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The primary investment objective of the Scheme is to 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. There is no assurance that the investment objective of the Scheme will be realized.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
LIC MF Banking & PSU Debt Fund-Direct Plan-Growth 8.13 2.31 7.87 8.61 8.17 8.11
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
NIFTY Banking and PSU Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
LIC MF Banking & PSU Debt Fund-Direct Plan-Growth Jan 01, 2013 7.87 8.61 8.17 0.28 2,185.21
IDFC Banking & PSU Debt Fund-Direct Plan- Growth Option Mar 07, 2013 9.45 9.59 8.37 0.31 17,763.88
Axis Banking & PSU Debt Fund - Direct Plan - Growth Option Jan 01, 2013 8.63 8.95 8.45 0.31 16,154.21
SBI BANKING & PSU FUND - Direct Plan - Growth Jan 07, 2013 8.87 8.83 8.39 0.34 14,480.26
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Growth Mar 13, 2013 9.55 8.21 8.35 0.37 14,452.34
Aditya Birla Sun Life Banking & PSU Debt Fund- Direct Plan-Growth Jan 01, 2013 9.58 8.85 8.67 0.35 14,048.62

Fund Holdings as on 31-March-2021

  • 4.48% Government of India

  • Bank of Baroda #

  • 5.05% Indian Oil Corporation Ltd.

  • 7.17% National Highways Authority of India **

  • 5.32% National Housing Bank **

  • Export Import Bank of India ** #

  • 7.32% Government of India

  • Treps

  • 6.44% Indian Oil Corporation Ltd. **

  • 6.4% National Bk for Agriculture & Rural Dev.

  • 6.84% Government of India

  • 6.5% National Bk for Agriculture & Rural Dev. **

  • 7.16% Government of India

  • 7.17% Reliance Industries Ltd. **

  • 6.99% Housing & Urban Development Corp Ltd. **

  • 7.2% Power Grid Corporation of India Ltd. **

  • 3.96% Government of India

  • Export Import Bank of India

  • Axis Bank Ltd. ** #

  • Bank of Baroda ** #

  • Export Import Bank of India **

  • 7.35% Power Finance Corporation Ltd. **

  • 6.22% Government of India

  • 6.72% NTPC Ltd. **

  • 6.55% NTPC Ltd. **

  • 8.15% REC Ltd.

  • 8.2% Power Finance Corporation Ltd. **

  • 6.55% National Housing Bank **

  • 6.75% Power Finance Corporation Ltd.

  • 9.48% REC Ltd. **

  • 7.34% Housing & Urban Development Corp Ltd. **

  • 6.09% Housing & Urban Development Corp Ltd. **

  • 6.59% Indian Railway Finance Corporation Ltd. **

  • 8.45% Power Finance Corporation Ltd. **

  • 8.35% REC Ltd. **

  • 4.64% Oil & Natural Gas Corporation Ltd. **

  • 7.24% Indian Railway Finance Corporation Ltd. **

  • 7.49% Power Grid Corporation of India Ltd. **

  • 7.55% REC Ltd. **

  • 6.19% Indian Railway Finance Corporation Ltd. **

  • 5.85% Government of India

  • 8.8% Power Grid Corporation of India Ltd. **

  • 91 DAYS TBILL RED 03-06-2021

  • 8.94% Export Import Bank of India **

  • 7.05% Reliance Industries Ltd. **

  • 8.88% Export Import Bank of India **

  • 7.28% Housing Development Finance Corp Ltd. **

  • 6.45% Government of India

  • Net Receivables / (Payables)

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  • Miscellaneous

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Fund Manager

  • CARE A1+

  • CARE AAA

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • FITCH A1+

  • FITCH AAA

  • ICRA AAA

  • SOVEREIGN

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About LIC MF Banking & PSU Debt Fund

Scheme Analysis

LIC MF Banking & PSU Debt Fund is a Debt - Banking and PSU Fund fund and belongs to LIC Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹2,185.21 crore. LIC MF Banking & PSU Debt Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Banking and PSU Debt Index as secondary index.

The NAV of LIC MF Banking & PSU Debt Fund ended down ₹0(-0.01%)yesterday to ₹28.958.

Among its top 3 holdings the fund has exposure to 4.48% Government of India, and

The LIC MF Banking & PSU Debt Fund is managed by Marzban Irani .

Fund House Contact

4th Floor, Industrial Assurance Building, Opp. Churchgate Station, Mumbai - 400 020

022-66016000
service@licnomuramf.com
022-22880633