Home Mutual FundsLIC MF Banking & PSU Debt Fund Growth

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

LIC MF Banking & PSU Debt Fund Growth

₹0

3.13% projected returns

Axis Banking & PSU Debt Fund Growth

₹0

3.16% projected returns

ICICI Prudential Banking and PSU Debt Fund Growth

₹0

3.42% projected returns

IDFC Banking & PSU Debt Fund Regular Growth

₹0

3.19% projected returns

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

₹0

3.37% projected returns

Kotak Banking and PSU Debt Growth

₹0

3.71% projected returns

Asset Allocation

Debt & Cash (100.00%)

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

All

Equity

Debt & Cash

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

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

Phone

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 Growth Option	Direct	0.28%	9.11%
LIC MF Banking & PSU Debt Fund Direct Plan Daily Dividend Reinvestment Option	Direct	0.28%	9.11%
LIC MF Banking & PSU Debt Fund Direct Plan Monthly Dividend Reinvestment Option	Direct	0.28%	8.07%
LIC MF Banking & PSU Debt Fund Direct Plan Weekly Dividend Reinvestment Option	Direct	0.28%	7.91%
LIC MF Banking & PSU Debt Fund Direct Plan Daily Dividend Payout Option	Direct	0.28%	9.11%
LIC MF Banking & PSU Debt Fund Direct Plan Monthly Dividend Payout Option	Direct	0.28%	8.07%
LIC MF Banking & PSU Debt Fund Direct Plan Weekly Dividend Payout Option	Direct	0.28%	7.91%
LIC MF Banking & PSU Debt Fund Daily Dividend Reinvestment	Regular	0.83%	7.37%
LIC MF Banking & PSU Debt Fund Monthly Dividend Reinvestment	Regular	0.83%	7.45%
LIC MF Banking & PSU Debt Fund Weekly Dividend Reinvestment	Regular	0.83%	8.19%
LIC MF Banking & PSU Debt Fund Daily Dividend Payout	Regular	0.83%	7.37%
LIC MF Banking & PSU Debt Fund Monthly Dividend Payout	Regular	0.83%	7.45%
LIC MF Banking & PSU Debt Fund Weekly Dividend Payout	Regular	0.83%	8.19%

Peer Funds

IDFC Banking & PSU Debt Fund Regular Growth

DebtBanking & PSURegularModerate Risk

1 yr returns

10.76%

AUM

₹17,691 Cr

Expense Ratio

0.65%

Axis Banking & PSU Debt Fund Growth

DebtBanking & PSURegularModerately Low risk

1 yr returns

9.73%

AUM

₹16,059 Cr

Expense Ratio

0.62%

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

DebtBanking & PSURegularModerately Low risk

1 yr returns

10.11%

AUM

₹13,519 Cr

Expense Ratio

0.68%

ICICI Prudential Banking and PSU Debt Fund Growth

DebtBanking & PSURegularModerate Risk

1 yr returns

9.19%

AUM

₹13,300 Cr

Expense Ratio

0.83%

Kotak Banking and PSU Debt Growth

DebtBanking & PSURegularModerately Low risk

1 yr returns

10.35%

AUM

₹9,132 Cr

Expense Ratio

0.74%

LIC MF Banking & PSU Debt Fund Growth

NAV

₹26.856

Name: LIC MF Banking & PSU Debt Fund Growth
Brand: LIC Mutual Fund Asset Management Limited
SKU: F000000I7F
Price: 26.856 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

High

Based on credit rating and modified duration of underlying instruments

Fund Manager

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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