fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » LIC MF Banking And PSU Debt Fund

LIC MF Banking And PSU Debt Fund - G

NAV  ₹25.4089 ↓ 0.02   (0.07 %) as on 24 Jan 20

(Erstwhile LIC MF Income Plus Fund)

Scheme Objective

The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. However, there is no assurance that the investment objective of the Scheme will be realised.

LIC MF Banking and PSU Debt Fund is a Debt - Banking & PSU Debt fund launched on 28 May 07. It is a fund with Moderately Low risk and has given a CAGR return of 7.6% since its launch.  Ranked 58 in Banking & PSU Debt category.  Return for 2019 was 9.9% , 2018 was 7.2% and 2017 was 6.1% .

Below is the key information for LIC MF Banking and PSU Debt Fund

NAV as on 24 Jan 20₹25.4089 ↓ 0.02   (0.07 %)
Net Assets (AUM) as on 31 Dec 2019 ₹1,323 Cr.
Launch Date28 May 2007
CategoryDebt - Banking & PSU Debt
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity6.79%
Effective Maturity2 Years 3 Months 11 Days
Modified Duration
Alpha Ratio-0.81
Expense Ratio0.89 %
Sharpe Ratio3.416
Information Ratio0.39
BenchmarkNot Available
ISININF767K01535
AMCLIC Mutual Fund Asset Mgmt Co Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 0.7%
3 Month 1.7%
6 Month 3.9%
1 Year 9.9%
3 Year 7.8%
5 Year 7.5%
10 Year
15 Year
Since launch 7.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 9.9%
2017 7.2%
2016 6.1%
2015 8.1%
2014 6%
2013 7.5%
2012 8.1%
2011 8.7%
2010 8.2%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,599
31 Dec 16₹11,462
31 Dec 17₹12,165
31 Dec 18₹13,041
31 Dec 19₹14,327
LIC MF Banking And PSU Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash27.69%
Debt72.31%
LIC MF Banking And PSU Debt Fund Asset Allocation

Sector Allocation

SectorValue
Government42.17%
Corporate38.42%
Cash Equivalent19.41%
LIC MF Banking And PSU Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Net Receivables / (Payables)
Net Current Assets | -
9%₹127 Cr
GOVT STOCK
Sovereign Bonds | -
5%₹73 Cr7,000,000
↑ 5,500,000
HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED (HUDCO)
Debentures | -
4%₹56 Cr550
Housing Development Finance Corporation Limited
Debentures | -
4%₹51 Cr500
State Bank Of India
Debentures | -
4%₹51 Cr500
↑ 500
Axis Bank Limited
Certificate of Deposit | -
4%₹49 Cr5,000
↑ 5,000
Bank Of Baroda
Certificate of Deposit | -
4%₹49 Cr5,000
↑ 5,000
Treps
CBLO/Reverse Repo | -
3%₹47 Cr
Axis Bank Limited
Certificate of Deposit | -
3%₹47 Cr5,000
↑ 5,000
NTPC Limited
Debentures | -
3%₹44 Cr430
1 - 10 of 45
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Marzban Irani10 Aug 163.31 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
LIC Mutual Fund4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
LIC MF Banking and PSU Debt Fund
Growth
₹25.4089
↑ 0.02
3.86 %9.87 %7.75 %7.47 %
LIC MF Banking and PSU Debt Fund
Weekly Dividend, Payout
₹10.1531
↑ 0.01
3.47 %7.89 %4.28 %4.55 %
LIC MF Banking and PSU Debt Fund
Weekly Dividend, Reinvestment
₹10.1531
↑ 0.01
3.47 %7.89 %4.28 %4.55 %
LIC MF Banking and PSU Debt Fund
Monthly Dividend, Payout
₹10.3899
↑ 0.01
2.83 %7.36 %3.97 %4.39 %
LIC MF Banking and PSU Debt Fund
Monthly Dividend, Reinvestment
₹10.3899
↑ 0.01
2.83 %7.36 %3.97 %4.39 %
LIC MF Banking and PSU Debt Fund
Daily Dividend, Payout
₹10.3306
↑ 0.00
2.82 %7.44 %5.65 %5.39 %
LIC MF Banking and PSU Debt Fund
Daily Dividend, Reinvestment
₹10.3306
↑ 0.00
2.82 %7.44 %5.65 %5.39 %
Data as on 24 Jan 20

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.