Home Mutual FundsLIC MF Banking & PSU Debt Fund Growth

INDProtect

Overview (as on 15 Jun 2021)

NAV

₹27.7031

1y returns

4.909%

Fund AUM

₹2,240 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

LIC MF Banking & PSU Debt Fund Growth

₹0

4.63% projected returns

Axis Banking & PSU Debt Fund Growth

₹0

4.63% projected returns

ICICI Prudential Banking and PSU Debt Fund Growth

₹0

4.63% projected returns

IDFC Banking & PSU Debt Fund Regular Growth

₹0

4.63% projected returns

SBI Banking and PSU Fund Regular Plan Growth

₹0

4.63% projected returns

Aditya Birla Sun Life Banking & PSU Debt Fund Retail Growth

₹0

4.63% projected returns

Asset Allocation

Debt & Cash (100.00%)

Sector Allocation

Government

60.13%

Corporate

28.43%

Cash Equivalent

11.44%

Debt Credit Ratings

AAA

100.00%

Key Metrics

Modified Duration

1.47 yr

Average Maturity

1.64 yr

Yield to Maturity

4.32%

Holdings

All

Equity

Debt & Cash

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Type
Holding Percentage
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CRISIL A1+
Debt
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CRISIL AAA
Debt
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Debt
5.73%
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Indian Oil Corporation Limited
CRISIL AAA
Debt
5.64%
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National Housing Bank
CRISIL AAA
Debt
4.53%
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NTPC Limited
FITCH A1+
Debt
4.43%
National Bank For Agriculture and Rural Development
ICRA AAA
Debt
4.12%
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Rural Electrification Corporation Limited
CRISIL AAA
Debt
3.40%
Indian Oil Corporation Limited
CRISIL AAA
Debt
3.07%
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6.84% Govt Stock 2022
SOVEREIGN
Debt
2.82%
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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

licmfamc@licmutual.com

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 & PSURegularLow to Moderate Risk

1 yr returns

6.53%

AUM

₹18,547 Cr

Expense Ratio

0.62%

Axis Banking & PSU Debt Fund Growth

DebtBanking & PSURegularLow to Moderate Risk

1 yr returns

6.06%

AUM

₹17,077 Cr

Expense Ratio

0.62%

Aditya Birla Sun Life Banking & PSU Debt Fund Retail Growth

DebtBanking & PSURegularModerate Risk

1 yr returns

6.98%

AUM

₹15,320 Cr

Expense Ratio

0.68%

SBI Banking and PSU Fund Regular Plan Growth

DebtBanking & PSURegularModerate Risk

1 yr returns

5.95%

AUM

₹14,269 Cr

Expense Ratio

0.81%

ICICI Prudential Banking and PSU Debt Fund Growth

DebtBanking & PSURegularModerate Risk

1 yr returns

6.65%

AUM

₹13,920 Cr

Expense Ratio

0.8%

LIC MF Banking & PSU Debt Fund Growth

NAV

₹27.7031

Name: LIC MF Banking & PSU Debt Fund Growth
Brand: LIC Mutual Fund Asset Management Limited
SKU: F000000I7F
Price: 27.7031 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

Medium

Based on credit rating and modified duration of underlying instruments

Fund Manager

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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[SEBI RIA Registration No: INA100012190] [Type of Registration: Non-Individual] [Validity of registration: December 17, 2018-Perpetual] [Address: 616, 6th Floor, Suncity Success Tower, Golf Course Extension Road, Sector – 65, Gurugram, Haryana- 122005] [Principal Officer details: Mr. Gaurav Sharma, Email id: principalofficer@indwealth.in, Contact No. 8800826254] [Corresponding SEBI local office address: Securities and Exchange Board of India, Local Office, First Floor, SCO 127-128, Sector 17C, Chandigarh-160017]

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