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

LIC MF Banking And PSU Debt Fund - G

NAV  ₹31.4542 ↑ 0.03  (0.10 %) as on 27 Mar 24

(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% 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% .

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

NAV as on 27 Mar 24₹31.4542 ↑ 0.03  (0.10 %)
Net Assets (AUM) as on 15 Mar 2024 ₹1,347 Cr.
Launch Date28 May 2007
CategoryDebt - Banking & PSU Debt
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.59%
Effective Maturity3 Years 8 Months 19 Days
Modified Duration2 Years 10 Months 13 Days
Alpha Ratio0.0
Expense Ratio0.77 %
Sharpe Ratio0.406
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 27 Mar 24

DurationReturns
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

Historical performance (Yearly) on absolute basis

YearReturns
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

DateValue
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
LIC MF Banking And PSU Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash14.91%
Debt84.84%
Other0.25%
LIC MF Banking And PSU Debt Fund Asset Allocation

Sector Allocation

SectorValue
Government50.46%
Corporate47.35%
Cash Equivalent1.93%
RatingValue
AAA100%
LIC MF Banking And PSU Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Rec Limited
Debentures | -
5%₹74 Cr750
Small Industries Development Bank Of India
Debentures | -
5%₹62 Cr600
Power Grid Corporation Of India Limited
Debentures | -
4%₹54 Cr500
Ntpc Limited
Debentures | -
4%₹53 Cr5,000
Indian Railway Finance Corporation Limited
Debentures | -
4%₹53 Cr5,000
State Bank Of India
Debentures | -
4%₹52 Cr50
Bank Of Baroda
Debentures | -
4%₹52 Cr500
Export-Import Bank of India 7.45%
Domestic Bonds | -
4%₹50 Cr5,000
National Bank For Agriculture And Rural Development
Debentures | -
4%₹50 Cr500
Bajaj Finance Limited
Debentures | -
4%₹50 Cr500
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Fund Managers

NameSinceTenure
Marzban Irani10 Aug 167.56 Yr.
Pratik Shroff26 Sep 230.43 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Ltd
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
₹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

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