LIC MF Banking & PSU Fund - Growth - Direct Plan

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  • (-0.06%)Nav, as on 04-10-2024

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  • Net Change on 04-10-2024

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  • Assets (Cr.)

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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 Fund-Direct Plan-Growth 10.58 9.71 8.39 6.01 6.29 7.43
Crisil 10 Yr Gilt 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 Fund-Direct Plan-Growth Jan 01, 2013 8.39 6.01 6.29 0.28 1,591.08
Bandhan Banking & PSU Debt Fund-Direct Plan- Growth Option Mar 07, 2013 7.85 5.96 6.84 0.33 13,434.76
Axis Banking & PSU Debt Fund - Direct Plan - Growth Option Jan 01, 2013 7.77 5.93 6.53 0.35 13,159.60
Aditya Birla Sun Life Banking & PSU Debt Fund- Direct Plan-Growth Jan 01, 2013 8.31 6.15 6.97 0.39 9,341.66
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Growth Mar 13, 2013 7.91 6.46 7.13 0.39 8,929.75
HDFC BANKING AND PSU DEBT FUND - Direct Plan - Growth Option Mar 26, 2014 8.23 6.10 7.00 0.39 5,748.27

Fund Holdings as on 30-September-2024

  • 7.1% Government of India

  • 7.45% Export Import Bank of India **

  • 7.75% Small Industries Development Bk of India **

  • 8.09% NLC India Ltd. **

  • 7.83% Small Industries Development Bk of India

  • 7.89% Power Grid Corporation of India Ltd. **

  • 8.0% Bajaj Finance Ltd. **

  • 7.4% National Bk for Agriculture & Rural Dev.

  • 7.45% Indian Railway Finance Corporation Ltd. **

  • 7.35% NTPC Ltd. **

  • 7.59% National Housing Bank **

  • 7.46% REC Ltd. **

  • 7.4% National Housing Bank

  • 7.39% Bank of Baroda **

  • 7.5% NHPC Ltd. **

  • HDFC Bank Ltd. ** #

  • 7.14% REC Ltd. **

  • 8.23% Indian Railway Finance Corporation Ltd. **

  • 7.71% REC Ltd. **

  • 8.27% National Highways Authority of India **

  • 7.59% Power Finance Corporation Ltd. **

  • 7.57% Indian Railway Finance Corporation Ltd. **

  • 7.59% Power Finance Corporation Ltd. **

  • 7.74% Power Finance Corporation Ltd. **

  • 7.62% National Bk for Agriculture & Rural Dev. **

  • 7.58% REC Ltd. **

  • 7.55% Power Finance Corporation Ltd. **

  • 7.39% Indian Railway Finance Corporation Ltd.

  • 7.47% State Government of Maharashtra

  • 7.7% HDFC Bank Ltd.

  • Treps

  • 7.409699% National Bk for Agriculture & Rural Dev. **

  • 7.25% National Bk for Agriculture & Rural Dev. **

  • 7.44% Small Industries Development Bk of India

  • 7.7% State Government of Maharashtra

  • 7.71% State Government of Maharashtra

  • 7.72% State Government of Maharashtra

  • 7.34% GAIL (India) Ltd. **

  • 7.71% State Government of Gujarat

  • 7.080601% National Bk for Agriculture & Rural Dev. **

  • 7.18% Government of India

  • 7.73% State Government of Maharashtra

  • 7.42% State Government of Maharashtra

  • 7.45% Axis Bank Ltd. **

  • 7.15% Small Industries Development Bk of India **

  • SBI CDMDF--A2

  • Net Receivables / (Payables)

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  • Miscellaneous

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Fund Manager

  • CARE AAA

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • ICRA AAA

  • SOVEREIGN

  • Unrated

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About LIC MF Banking & PSU Fund

Scheme Analysis

LIC MF Banking & PSU 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 ₹1,591.08 crore. LIC MF Banking & PSU Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Banking and PSU Debt Index as secondary index.

The NAV of LIC MF Banking & PSU Fund ended down ₹-0.02(-0.06%)yesterday to ₹35.2295.

Among its top 3 holdings the fund has exposure to 7.1% Government of India, and

The LIC MF Banking & PSU Fund is managed by Marzban Irani and Pratik Shroff.

Fund House Contact

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

022-66016000
service@licnomuramf.com
022-22880633