LIC MF Banking & PSU Debt Fund Direct Plan Weekly Reinvestment of Income Dis cum Cap Wdrl
LIC MF Banking & PSU Debt Fund Direct Plan Weekly Reinvestment of Income Dis cum Cap Wdrl

LIC MF Banking & PSU Debt Fund Direct Plan Weekly Reinvestment of Income Dis cum Cap Wdrl

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Debt
Direct
Banking & Psu

NAV: ₹ 10.1 as on 25-11-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.8%
1.1%
2.4%
3.4%
4.9%
4.6%
Benchmark
0.2%
1.8%
1.1%
2.2%
5.4%
5.7%
About the Fund

LIC MF Banking & PSU Debt Fund Direct Plan Weekly Reinvestment of Income Dis cum Cap Wdrl is a debt fund. This fund was started on  22 January, 2013. The fund is managed by Marzban Irani, Sanjay Pawar. This fund is suitable to keep your money safe.

Key parameters

1) LIC MF Banking & PSU Debt Fund Direct Plan Weekly Reinvestment of Income Dis cum Cap Wdrl has a NAV of 10.0605 as on 25-11-2022.

2) LIC MF Banking & PSU Debt Fund Direct Plan Weekly Reinvestment of Income Dis cum Cap Wdrl has 1281 Cr worth of assets under management (AUM) as on 30-09-2022 and is less than category average.

3) The fund has an expense ratio 0.28 %.

Fund Overview

Expense ratio
Expense ratio
0.28%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹1281 Cr
Inception Date
Inception Date
22 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
404.91%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Oct'22

Sep'22

Aug'22

Corporate

44.8%

Government

42.7%

Cash Equivalent

12.5%

Top Holdings

  • All
  • Debt & Cash
Total Holdings33
Debt Holdings33
Holdings
Weight%
Holdings Trend
1M Change
icon
Treps
8.65%
0%
icon
Rec Limited
8.14%
0%
icon
5.63% Govt Stock 2026
6.23%
0%
icon
Indian Railway Finance Corporation Limited
6.07%
0%
icon
National Housing Bank
4.01%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 2.6 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 1.3K Cr
Sep'22
₹ 1.3K Cr
Aug'22
₹ 1.3K Cr

Fund Returns vs Benchmark

Oct'22
0.52%
0.71%
Sep'22
-0.11%
-0.06%
Aug'22
0.55%
0.66%
Fund Return
Benchmark Return

Fund Manager

Marzban Irani

Marzban Irani

Managing this fund since 10 August 2016

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
LIC MF Bond Fund-Direct Plan Growth Option
4.65%
4.97%
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option
5.17%
5.26%
LIC MF Short Term Debt Fund Direct Growth
5.15%
5.54%
Sanjay Pawar

Sanjay Pawar

Managing this fund since 1 January 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option
5.17%
5.26%
Aditya Birla Sun Life Liquid Direct Plan Growth
4.19%
3.35%
LIC MF Equity Hybrid Fund Direct Plan Growth Option
9.93%
14.9%

AMC details

Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+912222812038
Fund House
LIC Mutual Fund Asset Management Limited

Fund Highlights

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Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.11% since inception which is less than its category average return of 5.35%
AUM size ₹1281 Cr

AUM size ₹1281 Cr

This fund has AUM of ₹1281 Cr which is less than its category average of ₹ 3636 Cr
Expense Ratio 0.28%

Expense Ratio 0.28%

This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 0.48%

Frequently Asked Questions

The current NAV of LIC MF Banking & PSU Debt Fund Direct Plan Weekly Reinvestment of Income Dis cum Cap Wdrl is 10.06.
Existing (Absolute + CAGR)
LIC MF Banking & PSU Debt Fund Direct Plan Weekly Reinvestment of Income Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.77%
0.77%
6 Month Returns
2.4%
2.4%
1 Year Returns
3.36%
3.36%
3 Years Returns
15.54%
4.93%
5 Years Returns
25.2%
4.6%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.28 as on October 2022
1281 Cr as on October 2022
7.24
1.54
AAA
100
Marzban Irani,Sanjay Pawar are the fund managers of LIC MF Banking & PSU Debt Fund Direct Plan Weekly Reinvestment of Income Dis cum Cap Wdrl
The Exit load of LIC MF Banking & PSU Debt Fund Direct Plan Weekly Reinvestment of Income Dis cum Cap Wdrl is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.