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

LIC MF Banking And PSU Debt Fund - G

NAV  ₹25.1651 ↓ 0.01   (0.04 %) as on 20 Nov 19

(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 7.7% since its launch.  Ranked 58 in Banking & PSU Debt category.  Return for 2018 was 7.2% , 2017 was 6.1% and 2016 was 8.1% .

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

NAV as on 20 Nov 19₹25.1651 ↓ 0.01   (0.04 %)
Net Assets (AUM) as on 31 Oct 2019 ₹1,085 Cr.
Launch Date28 May 2007
CategoryDebt - Banking & PSU Debt
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity6.4%
Effective Maturity2 Years 4 Months 20 Days
Modified Duration
Alpha Ratio-0.61
Expense Ratio0.89 %
Sharpe Ratio4.489
Information Ratio0.28
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 20 Nov 19

DurationReturns
1 Month 1%
3 Month 2.2%
6 Month 5.9%
1 Year 11.3%
3 Year 7.8%
5 Year 7.5%
10 Year
15 Year
Since launch 7.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 7.2%
2017 6.1%
2016 8.1%
2015 6%
2014 7.5%
2013 8.1%
2012 8.7%
2011 8.2%
2010 5.5%

Growth of 10k Over Years

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,644
31 Oct 16₹11,459
31 Oct 17₹12,225
31 Oct 18₹12,902
31 Oct 19₹14,397
LIC MF Banking And PSU Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash17.39%
Debt82.61%
LIC MF Banking And PSU Debt Fund Asset Allocation

Sector Allocation

SectorValue
Corporate49.98%
Government48.46%
Cash Equivalent1.56%
LIC MF Banking And PSU Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
AXIS BANK LIMITED
Certificate of Deposit | -
8%₹85 Cr8,500
↑ 8,500
BANK OF BARODA
Certificate of Deposit | -
7%₹75 Cr7,500
↑ 2,500
HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED (HUDCO)
Debentures | -
5%₹56 Cr550
↑ 300
Housing Development Finance Corporation Limited
Debentures | -
5%₹51 Cr500
NTPC Limited
Debentures | -
4%₹43 Cr430
Small Industries Development Bank Of India
Debentures | -
4%₹41 Cr400
National Bank For Agriculture And Rural Development
Debentures | -
4%₹41 Cr400
REC LIMITED
Debentures | -
4%₹41 Cr400
Housing Development Finance Corporation Limited
Debentures | -
3%₹35 Cr350
↑ 350
INDIAN RAILWAY FINANCE CORPORATION LIMITED
Debentures | -
3%₹31 Cr300
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Fund Managers

NameSinceTenure
Marzban Irani10 Aug 163.22 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
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
₹25.1651
↑ 0.01
5.95 %11.27 %7.77 %7.53 %
LIC MF Banking and PSU Debt Fund
Weekly Dividend, Payout
₹10.1361
↑ 0.00
5.1 %6.87 %4.25 %4.58 %
LIC MF Banking and PSU Debt Fund
Weekly Dividend, Reinvestment
₹10.1361
↑ 0.00
5.1 %6.87 %4.25 %4.58 %
LIC MF Banking and PSU Debt Fund
Monthly Dividend, Payout
₹10.4129
↑ 0.00
4.92 %6.28 %4 %4.46 %
LIC MF Banking and PSU Debt Fund
Monthly Dividend, Reinvestment
₹10.4129
↑ 0.00
4.92 %6.28 %4 %4.46 %
LIC MF Banking and PSU Debt Fund
Daily Dividend, Payout
₹10.3977
↑ 0.00
4.85 %8.59 %5.72 %5.48 %
LIC MF Banking and PSU Debt Fund
Daily Dividend, Reinvestment
₹10.3977
↑ 0.00
4.85 %8.59 %5.72 %5.48 %
Data as on 20 Nov 19

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