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

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

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Debt
Direct
Banking & Psu
NAV: ₹ 13.81 as on 28-05-2024

About the Fund

LIC MF Banking & PSU Debt Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl is a debt fund. This fund was started on 10 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 Daily Reinvestment of Income Dis cum Cap Wdrl has ₹1362 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance

Overview

Expense ratio
Expense ratio
0.28%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹1362 Cr
Inception Date
Inception Date
10 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
270.4%

LIC MF Banking & PSU Debt Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
51.2%
Government
44.5%
Cash Equivalent
4.3%

Top Holdings of LIC MF Banking & PSU Debt Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings45
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
5.62%
0%
Rec Limited
Rec Limited
5.42%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.49%
0%
State Bank Of India
State Bank Of India
3.8%
0%
National Housing Bank
National Housing Bank
3.8%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 1.4K Cr
₹ 1.4K Cr
₹ 1.4K Cr
  • AUM of the fund stands at 1.4K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Marzban Irani
Marzban Irani
Fund Manager of LIC MF Banking & PSU Debt Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl, since 10 August 2016
Sanjay Pawar
Sanjay Pawar
Fund Manager of LIC MF Banking & PSU Debt Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl, since 1 January 2022

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

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 6.13% since inception which is more than its category average return of 5.5%
AUM size ₹1362 Cr

AUM size ₹1362 Cr

This fund has AUM of ₹1362 Cr which is less than its category average of ₹ 3706 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 0.49%

Frequently Asked Questions

The current NAV of LIC MF Banking & PSU Debt Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl is ₹13.81 as on 28-May-2024.
Existing (Absolute + CAGR) as on 28-May-2024.
LIC MF Banking & PSU Debt Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.89%
0.89%
6 Month Returns
4.17%
4.17%
1 Year Returns
6.97%
6.97%
3 Years Returns
16.95%
5.36%
5 Years Returns
35.11%
6.2%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.28% as on April 2024
₹1362 Cr as on April 2024
7.18% Govt Stock 2033(5.62%), Rec Limited(5.42%), Small Industries Development Bank Of India(4.49%), National Housing Bank(3.8%), State Bank Of India(3.8%) as on April 2024
Corporate(54.03%), Government(45.47%), Cash Equivalent(0.5%) as on April 2024
Yield to Maturity is 7.56 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.96 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Marzban Irani, Sanjay Pawar are the fund managers of LIC MF Banking & PSU Debt Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl
The Exit load of LIC MF Banking & PSU Debt Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wdrl is 0%