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

LIC MF Banking And PSU Debt Fund - G

NAV  ₹34.9413 ↑ 0.01  (0.04 %) as on 30 Jun 25

(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 7.2% since its launch.  Ranked 58 in Banking & PSU Debt category.  Return for 2024 was 7.8% , 2023 was 6.5% and 2022 was 3.1% .

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

NAV as on 30 Jun 25₹34.9413 ↑ 0.01  (0.04 %)
Net Assets (AUM) as on 31 May 2025 ₹1,932 Cr.
Launch Date28 May 2007
CategoryDebt - Banking & PSU Debt
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity6.55%
Effective Maturity4 Years 10 Months 2 Days
Modified Duration3 Years 10 Months 6 Days
Alpha Ratio0.0
Expense Ratio0.75 %
Sharpe Ratio1.991
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 30 Jun 25

DurationReturns
1 Month -0.1%
3 Month 2.6%
6 Month 5.1%
1 Year 9.2%
3 Year 7.3%
5 Year 5.6%
10 Year
15 Year
Since launch 7.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2024 7.8%
2023 6.5%
2022 3.1%
2021 2.6%
2020 8.6%
2019 9.9%
2018 7.2%
2017 6.1%
2016 8.1%

Growth of 10k Over Years

DateValue
30 Jun 20₹10,000
30 Jun 21₹10,382
30 Jun 22₹10,628
30 Jun 23₹11,255
30 Jun 24₹12,009
30 Jun 25₹13,112

Asset Allocation

Asset ClassValue
Cash15.76%
Debt83.99%
Other0.25%

Sector Allocation

SectorValue
Corporate50.54%
Government41.86%
Cash Equivalent7.34%
RatingValue
AAA100%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Small Industries Development Bank Of India
Debentures | -
4%₹81 Cr7,500
NLc India Limited
Debentures | -
3%₹63 Cr600
6.79% Govt Stock 2034
Sovereign Bonds | -
3%₹63 Cr6,000,000
7.1% Govt Stock 2034
Sovereign Bonds | -
3%₹61 Cr5,750,000
Export Import Bank Of India
Debentures | -
3%₹58 Cr5,500
Rec Limited
Debentures | -
3%₹55 Cr5,000
Power Finance Corporation Limited
Debentures | -
3%₹54 Cr5,000
Small Industries Development Bank Of India
Debentures | -
3%₹53 Cr5,000
Jamnagar Utilities & Power Private Limited
Debentures | -
3%₹53 Cr5,000
Power Finance Corporation Limited
Debentures | -
3%₹53 Cr5,000
↑ 5,000
1 - 10 of 67
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Fund Managers

NameSinceTenure
Marzban Irani10 Aug 168.89 Yr.
Pratik Shroff26 Sep 231.76 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - Indianull

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

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
₹34.9413
↑ 0.01
5.06 %9.18 %7.25 %5.57 %
LIC MF Banking and PSU Debt Fund
Weekly Dividend, Payout
₹10.3701
↑ 0.00
5.06 %9.18 %7.25 %5.57 %
LIC MF Banking and PSU Debt Fund
Weekly Dividend, Reinvestment
₹10.3701
↑ 0.00
5.06 %9.18 %7.25 %5.57 %
LIC MF Banking and PSU Debt Fund
Monthly Dividend, Payout
₹13.0772
↑ 0.01
5.06 %9.18 %7.25 %5.45 %
LIC MF Banking and PSU Debt Fund
Monthly Dividend, Reinvestment
₹13.0772
↑ 0.01
5.06 %9.18 %7.25 %5.45 %
LIC MF Banking and PSU Debt Fund
Daily Dividend, Payout
₹11.2397
↑ 0.00
5.04 %8.42 %7.08 %5.46 %
LIC MF Banking and PSU Debt Fund
Daily Dividend, Reinvestment
₹11.2397
↑ 0.00
5.04 %8.42 %7.08 %5.46 %
Data as on 30 Jun 25

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