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

LIC MF Banking And PSU Debt Fund - G

NAV  ₹34.5334 ↑ 0.01  (0.04 %) as on 28 Apr 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 28 Apr 25₹34.5334 ↑ 0.01  (0.04 %)
Net Assets (AUM) as on 15 Apr 2025 ₹1,718 Cr.
Launch Date28 May 2007
CategoryDebt - Banking & PSU Debt
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.07%
Effective Maturity4 Years 9 Months 22 Days
Modified Duration3 Years 9 Months 18 Days
Alpha Ratio0.0
Expense Ratio0.75 %
Sharpe Ratio0.948
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 28 Apr 25

DurationReturns
1 Month 1.5%
3 Month 3.2%
6 Month 4.9%
1 Year 9.4%
3 Year 6.8%
5 Year 6%
10 Year
15 Year
Since launch 7.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7.8%
2022 6.5%
2021 3.1%
2020 2.6%
2019 8.6%
2018 9.9%
2017 7.2%
2016 6.1%
2015 8.1%

Growth of 10k Over Years

DateValue
31 Mar 20₹10,000
31 Mar 21₹10,658
31 Mar 22₹11,012
31 Mar 23₹11,438
31 Mar 24₹12,248
31 Mar 25₹13,239

Asset Allocation

Asset ClassValue
Cash6.76%
Debt92.96%
Other0.28%

Sector Allocation

SectorValue
Government49.84%
Corporate47%
Cash Equivalent2.88%
RatingValue
AAA100%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Small Industries Development Bank Of India
Debentures | -
5%₹79 Cr7,500
7.1% Govt Stock 2034
Sovereign Bonds | -
4%₹71 Cr6,750,000
NLc India Limited
Debentures | -
4%₹67 Cr600
Export-Import Bank Of India
Debentures | -
3%₹56 Cr5,500
Rural Electrification Corporation Limited
Debentures | -
3%₹54 Cr5,000
Bank Of Baroda
Debentures | -
3%₹53 Cr500
Power Finance Corporation Limited
Debentures | -
3%₹53 Cr5,000
Reliance Utilities And Power Private Limited
Debentures | -
3%₹52 Cr5,000
National Housing Bank
Debentures | -
3%₹52 Cr5,000
↑ 2,500
Export Import Bank Of India
Debentures | -
3%₹52 Cr500
1 - 10 of 54
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Fund Managers

NameSinceTenure
Marzban Irani10 Aug 168.64 Yr.
Pratik Shroff26 Sep 231.51 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

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
₹34.5334
↑ 0.01
4.91 %9.43 %6.82 %5.99 %
LIC MF Banking and PSU Debt Fund
Weekly Dividend, Payout
₹10.3443
↑ 0.00
4.64 %9.16 %6.73 %5.93 %
LIC MF Banking and PSU Debt Fund
Weekly Dividend, Reinvestment
₹10.3443
↑ 0.00
4.64 %9.16 %6.73 %5.93 %
LIC MF Banking and PSU Debt Fund
Monthly Dividend, Payout
₹12.9245
↑ 0.01
4.91 %9.43 %6.82 %5.87 %
LIC MF Banking and PSU Debt Fund
Monthly Dividend, Reinvestment
₹12.9245
↑ 0.01
4.91 %9.43 %6.82 %5.87 %
LIC MF Banking and PSU Debt Fund
Daily Dividend, Payout
₹11.258
↑ 0.00
4.12 %8.28 %6.53 %5.8 %
LIC MF Banking and PSU Debt Fund
Daily Dividend, Reinvestment
₹11.258
↑ 0.00
4.12 %8.28 %6.53 %5.8 %
Data as on 28 Apr 25

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