Overview (as on 17 Sep 2020)

NAV

₹26.856

1y returns

8.523%

Fund AUM

₹1,713 Cr

Expense Ratio

0.83%

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
₹0
3.13% projected returns
₹0
3.16% projected returns
₹0
3.71% projected returns

Asset Allocation

Sector Allocation
Government
43.71%
Corporate
42.74%
Cash Equivalent
13.55%
Debt Credit Ratings
AAA
100.00%

Key Metrics

Modified Duration 

2.0 yr

Average Maturity 

2.4 yr

Yield to Maturity 

4.56%

Top 10 Holdings

  • Holding Name

    Type

    Holding Percentage

  • Axis Bank Limited

    CRISIL A1+

    Debt

    5.77%

  • Small Industries Development Bank Of India

    CRISIL A1+

    Debt

    5.76%

  • Treps

    Low Risk

    Cash

    5.69%

  • National Housing Bank

    CRISIL AAA

    Debt

    5.60%

  • 6.45% Govt Stock 2029

    SOVEREIGN

    Debt

    5.57%

  • Export-Import Bank Of India

    CARE A1+

    Debt

    4.38%

  • Indian Oil Corporation Limited

    CRISIL AAA

    Debt

    3.92%

  • National Bank For Agriculture And Rural Development

    ICRA AAA

    Debt

    3.51%

  • Reliance Industries Limited

    CRISIL AAA | Low Risk

    Debt

    3.05%

  • Indian Railway Finance Corporation Limited

    CRISIL AAA

    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 Growth
Scheme Document
Exit Load

After 0 Years : 0%

Plan Started
28 May, 2007
Fund Manager
Marzban Irani
Fund House Details
Fund House
LIC Mutual Fund Asset Management Limited
Email
NA
Phone
NA
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,

Other Related Plans

Peer Funds

LIC MF Banking & PSU Debt Fund Growth

NAV

₹26.856

INDmoney Analysis

    error

    Fund is in Bottom 50 percent in its Category

    Return score is based upon:

    Benchmark out performance
    Consistency of returns
    Indicative yields
    success

    Fund is in Top 20 percent in its Category

    Risk score is based upon:

    Market sensitivity
    Credit risk
    Underlying maturity
    success

    Fund has high quality bonds and commercial papers

    Credit Quality is based upon:

    Long term credit rating
    Credit rating outlook
    Probability of default

    Based on credit rating and modified duration of underlying instruments

Fund Manager

Marzban Irani
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.

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Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs. Performance and returns of any investment portfolio can neither be predicted nor guaranteed.

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