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

LIC MF Banking And PSU Debt Fund - G

NAV  ₹28.5587 ↓ -0.01  (-0.03 %) as on 19 Aug 22

(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 7.1% since its launch.  Ranked 58 in Banking & PSU Debt category.  Return for 2021 was 2.6% , 2020 was 8.6% and 2019 was 9.9% .

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

NAV as on 19 Aug 22₹28.5587 ↓ -0.01  (-0.03 %)
Net Assets (AUM) as on 30 Jun 2022 ₹1,301 Cr.
Launch Date28 May 2007
CategoryDebt - Banking & PSU Debt
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity5.85%
Effective Maturity9 Months 22 Days
Modified Duration9 Months
Alpha Ratio0.0
Expense Ratio0.78 %
Sharpe Ratio-1.684
Information Ratio0.0
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 19 Aug 22

DurationReturns
1 Month 0.5%
3 Month 1.3%
6 Month 1.1%
1 Year 2.4%
3 Year 5.1%
5 Year 6.3%
10 Year
15 Year
Since launch 7.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2021 2.6%
2020 8.6%
2019 9.9%
2018 7.2%
2017 6.1%
2016 8.1%
2015 6%
2014 7.5%
2013 8.1%

Growth of 10k Over Years

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,554
31 Jul 19₹11,678
31 Jul 20₹12,805
31 Jul 21₹13,237
31 Jul 22₹13,548
LIC MF Banking And PSU Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
LIC MF Banking And PSU Debt Fund Asset Allocation

Sector Allocation

SectorValue
Government43.11%
Cash Equivalent31.73%
Corporate25.16%
RatingValue
AAA100%
LIC MF Banking And PSU Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
91 Dtb 04082022
Sovereign Bonds | -
11%₹150 Cr15,000,000
Indian Railway Finance Corporation Limited
Debentures | -
6%₹76 Cr750
Housing And Urban Development Corporation Limited
Debentures | -
4%₹53 Cr500
Hindustan Petroleum Corporation Limited
Debentures | -
4%₹52 Cr500
National Housing Bank
Debentures | -
4%₹50 Cr500
Oil And Natural Gas Corporation Limited
Debentures | -
4%₹50 Cr500
National Housing Bank
Debentures | -
3%₹45 Cr450
Small Industries Development Bank Of India
Debentures | -
3%₹43 Cr400
Ntpc Limited
Debentures | -
3%₹41 Cr400
7.38% Govt Stock 2027
Sovereign Bonds | -
3%₹41 Cr4,000,000
↑ 4,000,000
1 - 10 of 37
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Fund Managers

NameSinceTenure
Marzban Irani10 Aug 165.98 Yr.
Sanjay Pawar1 Jan 220.58 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Limited
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
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
₹28.5587
↓ -0.01
1.15 %2.41 %5.09 %6.27 %
LIC MF Banking and PSU Debt Fund
Weekly Dividend, Payout
₹10.0421
↓ 0.00
1.15 %2.41 %4.92 %4.36 %
LIC MF Banking and PSU Debt Fund
Weekly Dividend, Reinvestment
₹10.0421
↓ 0.00
1.15 %2.41 %4.92 %4.36 %
LIC MF Banking and PSU Debt Fund
Monthly Dividend, Payout
₹10.6884
↓ 0.00
1.15 %2.41 %4.49 %4.06 %
LIC MF Banking and PSU Debt Fund
Monthly Dividend, Reinvestment
₹10.6884
↓ 0.00
1.15 %2.41 %4.49 %4.06 %
LIC MF Banking and PSU Debt Fund
Daily Dividend, Payout
₹10.8154
↓ 0.00
0.88 %2.14 %4.59 %5.09 %
LIC MF Banking and PSU Debt Fund
Daily Dividend, Reinvestment
₹10.8154
↓ 0.00
0.88 %2.14 %4.59 %5.09 %
Data as on 19 Aug 22

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