(Erstwhile LIC MF Income Plus Fund) Table of Contents 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 Below is the key information for LIC MF Banking and PSU Debt Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis LIC MF Banking And PSU Debt Fund - G
Scheme Objective
CAGR
return of 7% since its launch. Ranked 58 in Banking & PSU Debt
category. Return for 2023 was 6.5% , 2022 was 3.1% and 2021 was 2.6% . NAV as on 27 Mar 24 ₹31.4542 ↑ 0.03 (0.10 %) Net Assets (AUM) as on 15 Mar 2024 ₹1,347 Cr. Launch Date 28 May 2007 Category Debt - Banking & PSU Debt Rating ☆ Type Open Ended Fund Risk Moderately Low Yield To Maturity 7.59% Effective Maturity 3 Years 8 Months 19 Days Modified Duration 2 Years 10 Months 13 Days Alpha Ratio 0.0 Expense Ratio 0.77 % Sharpe Ratio 0.406 Information Ratio 0.0 Benchmark Not Available ISIN INF767K01535 AMC LIC Mutual Fund Asset Mgmt Co Ltd Min Investment ₹5,000 Min SIP Investment ₹1,000 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month 0.6% 3 Month 2% 6 Month 3.5% 1 Year 7.1% 3 Year 4.7% 5 Year 6% 10 Year 15 Year Since launch 7% Historical Annual Returns
Year Returns 2023 6.5% 2022 3.1% 2021 2.6% 2020 8.6% 2019 9.9% 2018 7.2% 2017 6.1% 2016 8.1% 2015 6% Growth of 10k Over Years
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹11,028 28 Feb 21 ₹11,699 28 Feb 22 ₹12,127 28 Feb 23 ₹12,507 29 Feb 24 ₹13,438 Asset Allocation
Asset Class Value Cash 14.91% Debt 84.84% Other 0.25% Sector Allocation
Sector Value Government 50.46% Corporate 47.35% Cash Equivalent 1.93% Rating Value AAA 100% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity Rec Limited
Debentures | -5% ₹74 Cr 750 Small Industries Development Bank Of India
Debentures | -5% ₹62 Cr 600 Power Grid Corporation Of India Limited
Debentures | -4% ₹54 Cr 500 Ntpc Limited
Debentures | -4% ₹53 Cr 5,000 Indian Railway Finance Corporation Limited
Debentures | -4% ₹53 Cr 5,000 State Bank Of India
Debentures | -4% ₹52 Cr 50 Bank Of Baroda
Debentures | -4% ₹52 Cr 500 Export-Import Bank of India 7.45%
Domestic Bonds | -4% ₹50 Cr 5,000 National Bank For Agriculture And Rural Development
Debentures | -4% ₹50 Cr 500 Bajaj Finance Limited
Debentures | -4% ₹50 Cr 500
Talk to our investment specialistFund Managers
Name Since Tenure Marzban Irani 10 Aug 16 7.56 Yr. Pratik Shroff 26 Sep 23 0.43 Yr. Custodians
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Company Address LIC Mutual Fund 4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate Auditors
Company Address S. R. BATLIBOI & Co Express Tower, 6th Floor,Nariman Point,Mumbai All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year LIC MF Banking and PSU Debt Fund
Growth ₹31.4542
↑ 0.03 3.48 % 7.12 % 4.72 % 6 % LIC MF Banking and PSU Debt Fund
Weekly Dividend, Payout ₹10.0624
↓ -0.01 0.11 % 2.78 % 3.28 % 4.81 % LIC MF Banking and PSU Debt Fund
Weekly Dividend, Reinvestment ₹10.0624
↓ -0.01 0.11 % 2.78 % 3.28 % 4.81 % LIC MF Banking and PSU Debt Fund
Monthly Dividend, Payout ₹11.7721
↑ 0.01 3.48 % 7.12 % 4.72 % 5.49 % LIC MF Banking and PSU Debt Fund
Monthly Dividend, Reinvestment ₹11.7721
↑ 0.01 3.48 % 7.12 % 4.72 % 5.49 % LIC MF Banking and PSU Debt Fund
Daily Dividend, Payout ₹10.8899 0 % 2.66 % 3.24 % 4.64 % LIC MF Banking and PSU Debt Fund
Daily Dividend, Reinvestment ₹10.8899 0 % 2.66 % 3.24 % 4.64 % Data as on 27 Mar 24