LIC MF Banking & PSU Debt Fund Direct Plan Monthly Payout of Income Dis cum Cap Wdrl

LIC MF Banking & PSU Debt Fund Direct Plan Monthly Payout of Income Dis cum Cap Wdrl

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Debt
Direct
Banking & Psu
NAV: ₹ 12.62 as on 28-02-2024
Fund Performance

About the LIC MF Banking & PSU Debt Fund Direct Plan Monthly Payout of Income Dis cum Cap Wdrl

LIC MF Banking & PSU Debt Fund Direct Plan Monthly Payout 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 Monthly Payout of Income Dis cum Cap Wdrl has ₹1331 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.

LIC MF Banking & PSU Debt Fund Direct Plan Monthly Payout of Income Dis cum Cap Wdrl Overview

Expense ratio
Expense ratio
0.28%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹1331 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
270.4%

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

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Corporate
50.9%
Government
46.4%
Cash Equivalent
2.7%

Top Holdings of LIC MF Banking & PSU Debt Fund Direct Plan Monthly Payout of Income Dis cum Cap Wdrl as on (31-Jan-24)

  • Debt & Cash

Debt Holdings43
Holdings
Weight%
1M Change
Rec Limited
Rec Limited
5.91%
0%
HDFC Bank Limited
HDFC Bank Limited
5.44%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.57%
0%
Power Grid Corporation Of India Limited
Power Grid Corporation Of India Limited
4.03%
0%
Bajaj Finance Limited
Bajaj Finance Limited
3.96%
0%

LIC MF Banking & PSU Debt Fund Direct Plan Monthly Payout of Income Dis cum Cap Wdrl: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 1.3K Cr
₹ 1.1K Cr
₹ 1.1K Cr
  • AUM of the fund stands at 1.3K Cr as of Jan'24
  • AUM increased by 211.8 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

LIC MF Banking & PSU Debt Fund Direct Plan Monthly Payout of Income Dis cum Cap Wdrl Fund Manager

Marzban Irani
Marzban Irani
Fund Manager of LIC MF Banking & PSU Debt Fund Direct Plan Monthly Payout 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 Monthly Payout of Income Dis cum Cap Wdrl, since 1 January 2022

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

Risk meter
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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 5.15% since inception which is less than its category average return of 5.45%
AUM size ₹1331 Cr

AUM size ₹1331 Cr

This fund has AUM of ₹1331 Cr which is less than its category average of ₹ 3664 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 Monthly Payout of Income Dis cum Cap Wdrl is ₹12.62 as on 28-Feb-2024.
Existing (Absolute + CAGR) as on 28-Feb-2024.
LIC MF Banking & PSU Debt Fund Direct Plan Monthly Payout of Income Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.96%
0.96%
6 Month Returns
3.71%
3.71%
1 Year Returns
7.92%
7.92%
3 Years Returns
16.66%
5.27%
5 Years Returns
34.73%
6.14%
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0.28% as on January 2024
₹1331 Cr as on January 2024
Rec Limited(5.91%), HDFC Bank Limited(5.44%), Small Industries Development Bank Of India(4.57%), Power Grid Corporation Of India Limited(4.03%), Bajaj Finance Limited(3.96%) as on January 2024
Government(50.77%), Corporate(48.22%), Cash Equivalent(1.01%) as on January 2024
Yield to Maturity is 7.68 as on January 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 2.84 as on January 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 Monthly Payout of Income Dis cum Cap Wdrl
The Exit load of LIC MF Banking & PSU Debt Fund Direct Plan Monthly Payout of Income Dis cum Cap Wdrl is 0%