Home Mutual FundsLIC MF Banking & PSU Debt Fund - Direct Plan Growth Option

Overview (as on 20 Oct 2020)

NAV

₹28.5637

1y returns

9.562%

Fund AUM

₹1,751 Cr

Expense Ratio

0.28%

Min SIP

₹1,000

Min Lumpsum

₹5,000

Fund Performance

Calculator

Monthly SIP

Lumpsum

I would like to invest

For Time Period

5 years

Total investment

₹0

Pre-Tax

Post-Tax

LIC MF Banking & PSU Debt Fund - Direct Plan Growth Option

₹0

3.49% projected returns

Axis Banking & PSU Debt Fund Direct Plan Growth Option

₹0

3.47% projected returns

HDFC Banking & PSU Debt Fund Direct Plan Growth Option

₹0

4.06% projected returns

ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth

₹0

3.88% projected returns

IDFC Banking & PSU Debt Fund Direct Growth

₹0

3.54% projected returns

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth

₹0

3.77% projected returns

Asset Allocation

Debt & Cash (100.00%)

Sector Allocation

Government

46.29%

Corporate

43.57%

Cash Equivalent

10.14%

Debt Credit Ratings

AAA

100.00%

Key Metrics

Modified Duration

Average Maturity

Yield to Maturity

Top 10 Holdings

All

Equity

Debt & Cash

Holding Name
Type
Holding Percentage
Axis Bank Limited
CRISIL A1+ | Low Risk
Debt
5.77%
Small Industries Development Bank Of India
CRISIL A1+ | Low Risk
Debt
5.76%
Treps
Low Risk
Cash
5.69%
National Housing Bank
CRISIL AAA | Low Risk
Debt
5.60%
6.45% Govt Stock 2029
SOVEREIGN | Low Risk
Debt
5.57%

Export-Import Bank Of India
CARE A1+ | High Risk
Debt
4.38%
Indian Oil Corporation Limited
CRISIL AAA | Low Risk
Debt
3.92%
National Bank For Agriculture And Rural Development
ICRA AAA | Low Risk
Debt
3.51%
Reliance Industries Limited
CRISIL AAA | Low Risk
Debt
3.05%
Indian Railway Finance Corporation Limited
CRISIL AAA | Low Risk
Debt
3.03%

Fund Details

Investment Objectives

"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."

Scheme Name

LIC MF Banking & PSU Debt Fund - Direct Plan Growth Option

Scheme Document

Click Here

Exit Load

After 0 Years : 0%

Plan Started

01 January, 2013

Fund Manager

Marzban Irani

Fund House Details

Fund House

LIC Mutual Fund Asset Management Limited

Phone

+912222843660

Address

LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,

Other Related Plans

Fund Name	Plan Type	Expense Ratio	1yr Returns
LIC MF Banking & PSU Debt Fund Direct Plan Daily Dividend Reinvestment Option	Direct	0.28%	9.51%
LIC MF Banking & PSU Debt Fund Direct Plan Monthly Dividend Reinvestment Option	Direct	0.28%	8.69%
LIC MF Banking & PSU Debt Fund Direct Plan Weekly Dividend Reinvestment Option	Direct	0.28%	8.33%
LIC MF Banking & PSU Debt Fund Direct Plan Daily Dividend Payout Option	Direct	0.28%	9.51%
LIC MF Banking & PSU Debt Fund Direct Plan Monthly Dividend Payout Option	Direct	0.28%	8.69%
LIC MF Banking & PSU Debt Fund Direct Plan Weekly Dividend Payout Option	Direct	0.28%	8.33%
LIC MF Banking & PSU Debt Fund Daily Dividend Reinvestment	Regular	0.83%	8.05%
LIC MF Banking & PSU Debt Fund Monthly Dividend Reinvestment	Regular	0.83%	8.06%
LIC MF Banking & PSU Debt Fund Weekly Dividend Reinvestment	Regular	0.83%	8.67%
LIC MF Banking & PSU Debt Fund Daily Dividend Payout	Regular	0.83%	8.05%
LIC MF Banking & PSU Debt Fund Monthly Dividend Payout	Regular	0.83%	8.06%
LIC MF Banking & PSU Debt Fund Weekly Dividend Payout	Regular	0.83%	8.67%

Peer Funds

IDFC Banking & PSU Debt Fund Direct Growth

DebtBanking & PSUDirectModerate Risk

1 yr returns

11.68%

AUM

₹18,980 Cr

Expense Ratio

0.3%

Axis Banking & PSU Debt Fund Direct Plan Growth Option

DebtBanking & PSUDirectModerately Low risk

1 yr returns

10.41%

AUM

₹17,591 Cr

Expense Ratio

0.31%

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth

DebtBanking & PSUDirectModerately Low risk

1 yr returns

11.42%

AUM

₹13,264 Cr

Expense Ratio

0.35%

ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth

DebtBanking & PSUDirectModerate Risk

1 yr returns

10.42%

AUM

₹13,200 Cr

Expense Ratio

0.37%

HDFC Banking & PSU Debt Fund Direct Plan Growth Option

DebtBanking & PSUDirectModerate Risk

1 yr returns

11.33%

AUM

₹9,329 Cr

Expense Ratio

0.36%

LIC MF Banking & PSU Debt Fund - Direct Plan Gr...

NAV

₹28.5637

Name: LIC MF Banking & PSU Debt Fund - Direct Plan Growth Option
Brand: LIC Mutual Fund Asset Management Limited
SKU: F00000PD1K
Price: 28.5637 INR
Availability: InStock
Rating: 4 (5 reviews)

INDmoney Analysis

Return Score

Below Average

Fund is in Bottom 50 percent in its Category

Return score is based upon:

Benchmark out performance

Consistency of returns

Indicative yields

Risk Score

Excellent

Fund is in Top 20 percent in its Category

Risk score is based upon:

Market sensitivity

Credit risk

Underlying maturity

Credit Quality

High

Fund has high quality bonds and commercial papers

Credit Quality is based upon:

Long term credit rating

Credit rating outlook

Probability of default

Interest Rate Sensitivity

Based on credit rating and modified duration of underlying instruments

Fund Managers

Marzban Irani

Manager

Qualifications

B.Com, PGDBM

Work Experience

"\"\\\"\\\\\\\"\\\\\\\\\\\\\\\"\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\"Since June 2011 with Tata Asset Management Ltd as Sr Fund Manager. Aug 2010 to June 2011 with MetLife Insurance as Chief Manager Reporting to Head Of Investments. Jan 2008 to Aug 2010 Mirae Asset Management Ltd as Fund Manager Reporting to Head Of Fixed Income. Sep 2000 to Dec 2007 with Tata Asset Management Ltd as Fund Manager Reporting to Head Of Fixed Income.\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\"\\\\\\\\\\\\\\\"\\\\\\\"\\\"\""

Marzban Irani

leader

Qualifications

B.Com, PGDBM

Work Experience

Support
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