LIC MF Banking & PSU Debt Fund – Direct Growth
₹ 1,000
Min SIP
₹ 5,000
Min Lumpsum
0.28 %
Expense Ratio
Rating
1,116
Fund Size (in Cr)
12 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
-
Invested Amount--
-
Wealth Gained--
-
Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 6.2% | 4.5% | 6.9% | 7.4% | ||||
| Category Average | 9.1% | 20.5% | 12.5% | - |
Scheme Allocation
By Holding
By Sector
By Asset
I R F C
Bank of Baroda
HDFC Bank
St Bk of India
NTPC
Others
Advance Ratio
0.3
Alpha
0.39
SD
0.04
Beta
0.95
Sharpe
Exit Load
| Exit Load | Nil |
|---|
Fund Objective
To provide reasonable possible current income – consistent with preservation of capital and providing liquidity – from investing in a diversified portfolio of short-term money market and debt securities.
Fund Managers
Marzban Irani
Mr Marzban Irani, PGDBM, B.Com (H), joined LIC Mutual Fund in August 2016. He is associated with LIC MF as the Chief Investment Officer – Debt. Before joining LIC MF, he worked for TATA Asset Management Ltd, as a Senior Fund Manager, PNB MetLife India Insurance Co. Ltd as the Vice President Investments, and Mirae Asset Global Investments (India) Pvt Ltd as the Head of Fixed Income. At LIC MF, Mr Irani manages funds like LIC MF Banking & PSU Debt Fund, LIC MF G-Sec Long Term Exchange Traded Fund, LIC MF Short Term Debt Fund, etc.
Risk-O-Meter
Peer Comparison
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Debt .
- Banking and PSU .
-
- 8,145
-
7.6%Fund Size - 8,145
-
5.8%Fund Size - 8,145
-
7.5%Fund Size - 8,145
-
- Debt .
- Banking and PSU .
-
- 6,343
-
6.9%Fund Size - 6,343
-
5.4%Fund Size - 6,343
-
7.7%Fund Size - 6,343
-
- Debt .
- Banking and PSU .
-
- 8,400
-
6.6%Fund Size - 8,400
-
5.2%Fund Size - 8,400
-
7.5%Fund Size - 8,400
-
- Debt .
- Banking and PSU .
-
- 15,017
-
6.5%Fund Size - 15,017
-
4.9%Fund Size - 15,017
-
7.8%Fund Size - 15,017
-
- Debt .
- Banking and PSU .
-
- 14,605
-
6%Fund Size - 14,605
-
4.8%Fund Size - 14,605
-
7.3%Fund Size - 14,605
AMC Contact Details
LIC Mutual Fund
AUM:
18,553 Cr
Address:
4th Floor, Industrial Insurance
Buildg, Opp.Churchgate Station
Mumbai 400 020.
Contact:
022-66016000
Email ID:
cs.co@licmf.com
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- Equity .
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14.4%Fund Size - 163
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Hybrid
equity
Large Cap
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Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Large Cap .
-
- 654
-
18.9%Fund Size - 654
-
23.4%Fund Size - 654
-
14.9%Fund Size - 654
-
- Equity .
- Large Cap .
-
- 10,202
-
10%Fund Size - 10,202
-
19.8%Fund Size - 10,202
-
14.4%Fund Size - 10,202
-
- Equity .
- Large Cap .
-
- 15,583
-
18.8%Fund Size - 15,583
-
28.1%Fund Size - 15,583
-
14.4%Fund Size - 15,583
-
- Equity .
- Large Cap .
-
- 1,517
-
11.1%Fund Size - 1,517
-
20.1%Fund Size - 1,517
-
13.9%Fund Size - 1,517
-
- Equity .
- Large Cap .
-
- 757
-
19.7%Fund Size - 757
-
23%Fund Size - 757
-
13.7%Fund Size - 757
Frequently Asked Questions
How to invest in LIC MF Banking & PSU Debt Fund – Direct Growth ?
You can invest in LIC MF Banking & PSU Debt Fund – Direct Growth in a quick and simple process. Follow the below steps;
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for LIC MF Banking & PSU Debt Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of LIC MF Banking & PSU Debt Fund – Direct Growth ?
The NAV of LIC MF Banking & PSU Debt Fund – Direct Growth is ₹32.2 as of 18 August 2023.
How to redeem LIC MF Banking & PSU Debt Fund – Direct Growth holding ?
You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.
What is the minimum sip amount of LIC MF Banking & PSU Debt Fund – Direct Growth?
The minimum SIP amount of LIC MF Banking & PSU Debt Fund – Direct Growth is ₹1000
How can I redeem my investments in LIC MF Banking & PSU Debt Fund – Direct Growth?
Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select LIC MF Banking & PSU Debt Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select LIC MF Banking & PSU Debt Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
How much returns have LIC MF Banking & PSU Debt Fund – Direct Growth generated ?
The LIC MF Banking & PSU Debt Fund – Direct Growth has delivered 7.4% since inception
What is the expense ratio of LIC MF Banking & PSU Debt Fund – Direct Growth ?
The expense ratio of LIC MF Banking & PSU Debt Fund – Direct Growth is 0.28 % as of 18 August 2023.
What is the AUM of LIC MF Banking & PSU Debt Fund – Direct Growth?
The AUM of LIC MF Banking & PSU Debt Fund – Direct Growth is ₹18,553 Cr as of 18 August 2023
What are the top stock holdings of LIC MF Banking & PSU Debt Fund – Direct Growth?
The top stock holdings of LIC MF Banking & PSU Debt Fund – Direct Growth are
- GSEC - 14.45%
- REC Ltd - 8.11%
- I R F C - 6.05%
- GSEC - 4.33%
- N A B A R D - 3.98%
Can I make investments in both the SIP and Lump Sum schemes of LIC MF Banking & PSU Debt Fund – Direct Growth?
Yes, You can select both SIP or Lumpsum investment of LIC MF Banking & PSU Debt Fund – Direct Growth based on your investment objective and risk tolerance.