HomeMutual FundsLIC MF Banking & PSU Debt Fund Growth

Overview (as on 01 Dec 2020)

NAV

₹27.3386

1y returns

8.521%

Fund AUM

₹1,771 Cr

Expense Ratio

0.83%

Min SIP

₹1,000

Min Lumpsum

₹5,000

Fund Performance

Calculator

Monthly SIP
Lumpsum

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For Time Period
5 years
Total investment
₹0
Pre-Tax
Post-Tax
LIC MF Banking & PSU Debt Fund Growth
₹0
3.09% projected returns
Axis Banking & PSU Debt Fund Growth
₹0
3.23% projected returns
HDFC Banking & PSU Debt Fund Regular Plan Growth Option
₹0
3.65% projected returns
ICICI Prudential Banking and PSU Debt Fund Retail Plan Growth
₹0
3.53% projected returns
IDFC Banking & PSU Debt Fund Regular Growth
₹0
3.29% projected returns
Aditya Birla Sun Life Banking & PSU Debt Fund Discipline Advantage Growth
₹0
3.09% projected returns

Asset Allocation

Debt & Cash (100.00%)
Sector Allocation
Government
55.62%
Corporate
28.44%
Cash Equivalent
15.94%
Debt Credit Ratings
AAA
100.00%

Key Metrics

Modified Duration 

NA

Average Maturity 

NA

Yield to Maturity 

NA

Top 10 Holdings

All
Equity
Debt & Cash

  • Holding Name

    Type

    Holding Percentage

  • Indian Railway Finance Corporation Limited

    CRISIL AAA

    Debt

    6.50%

  • Small Industries Development Bank of India

    CRISIL A1+

    Debt

    5.60%

  • National Housing Bank

    CRISIL AAA

    Debt

    5.57%

  • National Bank For Agriculture and Rural Development

    ICRA AAA

    Debt

    5.54%

  • 5.77% GOI 2030

    SOVEREIGN

    Debt

    5.23%

  • Axis Bank Limited

    CRISIL A1+

    Debt

    4.21%

  • 7.17% Govt Stock 2028

    SOVEREIGN

    Debt

    4.16%

  • Indian Oil Corporation Limited

    CRISIL AAA

    Debt

    4.00%

  • Reliance Industries Limited

    CRISIL AAA

    Debt

    3.16%

  • National Bank For Agriculture and Rural Development

    ICRA AAA

    Debt

    3.09%

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
Click Here
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
+912222843660
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,

Peer Funds

IDFC Banking & PSU Debt Fund Regular Growth  

DebtBanking & PSURegularModerate Risk

1 yr returns

10.80%

AUM

₹19,780 Cr

Expense Ratio

0.65%

Axis Banking & PSU Debt Fund Growth  

DebtBanking & PSURegularModerately Low risk

1 yr returns

9.48%

AUM

₹18,606 Cr

Expense Ratio

0.62%

Aditya Birla Sun Life Banking & PSU Debt Fund Discipline Advantage Growth  

DebtBanking & PSURegularModerately Low risk

1 yr returns

4.17%

AUM

₹14,577 Cr

Expense Ratio

0.68%

ICICI Prudential Banking and PSU Debt Fund Retail Plan Growth  

DebtBanking & PSURegularModerate Risk

1 yr returns

8.52%

AUM

₹13,802 Cr

Expense Ratio

0.82%

HDFC Banking & PSU Debt Fund Regular Plan Growth Option  

DebtBanking & PSURegularModerate Risk

1 yr returns

10.36%

AUM

₹10,156 Cr

Expense Ratio

0.81%

LIC MF Banking & PSU Debt Fund Growth

NAV

₹27.3386

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

leader

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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