LIC MF Banking & PSU Debt Fund Direct Plan Growth Option
Debt
Direct
Banking & Psu
NAV: ₹ 32.8 as on 06-12-2023
Fund Performance
24 people have invested ₹ 1.3L in LIC MF Banking & PSU Debt Fund Direct Plan Growth Option in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.28% which is lower than the category average expense ratio of 0.54%.
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 6.6% return, outperforming this fund by 2.15% per annum.
In the last 5 years, Kotak Banking and PSU Debt Direct Growth has given 7.52% return, outperforming this fund by 0.83% per annum.
In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.45% return, outperforming this fund by 0.83%.
About the LIC MF Banking & PSU Debt Fund Direct Plan Growth Option
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sanjay Pawar, Marzban Irani. This fund is suitable to keep your money safe.
Key Parameters
- LIC MF Banking & PSU Debt Fund Direct Plan Growth Option has ₹1111 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option Overview
 | 0.28% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹1111 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 270.4% |
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
47.5%
Government
47%
Cash Equivalent
5.5%
Top Holdings of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option as on (30-Nov-23)
Debt Holdings33
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Rec Limited | 7.01% | 0% | |
Power Grid Corporation Of India Limited | 4.77% | 0% | |
National Bank For Agriculture And Rural Development | 4.73% | 0% | |
Bajaj Finance Limited | 4.71% | 0% | |
Ntpc Limited | 4.67% | 0% |
See all
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.1K Cr as of Oct'23
- AUM increased by 3.7 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Peer Analysis
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option Fund Manager
Sanjay Pawar
Fund Manager of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option, since 1 January 2022
Top funds managed
Marzban Irani
Fund Manager of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option, since 10 August 2016
Top funds managed
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.32% since inception which is more than its category average return of 5.34%
AUM size ₹1111 Cr
This fund has AUM of ₹1111 Cr which is less than its category average of ₹ 3620 Cr
Expense Ratio 0.28%
This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 0.47%
Frequently Asked Questions
The current NAV of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option is ₹32.83 as on 06-Dec-2023.
Existing (Absolute + CAGR) as on 06-Dec-2023.
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 2.63% | 2.63% |
1 Year Returns | 6.62% | 6.62% |
3 Years Returns | 13.94% | 4.45% |
5 Years Returns | 38.2% | 6.68% |
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 November 2023
₹1111 Cr as on November 2023
Rec Limited(7.01%), Power Grid Corporation Of India Limited(4.77%), National Bank For Agriculture And Rural Development(4.73%), Bajaj Finance Limited(4.71%), Ntpc Limited(4.67%) as on November 2023
Corporate(49.51%), Government(46.51%), Cash Equivalent(3.98%) as on November 2023
Yield to Maturity is 7.62 as on November 2023. 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 2.38 as on November 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Sanjay Pawar, Marzban Irani are the fund managers of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option
The Exit load of LIC MF Banking & PSU Debt Fund Direct Plan Growth Option is 0%