Item: LIC MF Banking & PSU Debt Fund Direct Plan Growth Option
Rating: 4
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Banking & PSU Debt Fund Direct Plan Growth Option

31.299 (-0.019%)

NAV on March 28, 2023

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 1,190 cr

Turnover Ratio 404.91%

Expense Ratio 0.28%

Exit Load -

Returns

1M: 0.82%
1Y: 4.28%
3M: 1.55%
3Y: 5.15%
6M: 3.24%
5Y: 6.82%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Marzban Irani (Since over 6 years) Sanjay Pawar (Since about 1 year)

ISIN INF767K01GI4

Fund Family LIC Nomura

Launch Date January 01, 2013

Benchmark NIFTY Banking & PSU Debt TR INR

Avg. Maturity 3.15 years

Yield To Maturity (%) 7.66%

INVESTMENT OBJECTIVE

The primary investment objective of the Scheme is to seek to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks, public sector undertakings, public financial institutions and Municipal Bonds. There is no assurance that the investment objective of the Scheme will be realized.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Kotak Banking and PSU Debt Direct Growth	56.744	4.67%	5,306 cr	0.37%	Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	317.802	4.54%	8,006 cr	0.37%	Average
Bandhan Banking & PSU Debt Fund Direct Growth	21.303	4.51%	14,281 cr	0.32%	Below Average
Axis Banking & PSU Debt Fund Direct Plan Growth	2283.053	4.47%	13,948 cr	0.33%	Low
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	19.979	4.40%	4,802 cr	0.39%	Average
Nippon India Banking & PSU Debt Fund Direct Growth	17.966	4.24%	4,032 cr	0.33%	Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	21.304	3.87%	356 cr	0.26%	High

Best Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
UTI Banking & PSU Debt Fund Direct Plan Growth	18.714	11.13%	536 cr	0.25%	Above Average
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	28.423	5.73%	7,151 cr	0.38%	Below Average
Kotak Banking and PSU Debt Direct Growth	56.744	4.67%	5,306 cr	0.37%	Average
Franklin India Banking & PSU Debt Fund Direct Growth	19.650	4.31%	713 cr	0.16%	Below Average
Tata Banking & PSU Debt Fund Direct Growth	12.354	4.11%	236 cr	0.23%	Above Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	21.304	3.87%	356 cr	0.26%	High
Invesco India Banking & PSU Debt Fund Direct Growth	2027.952	2.46%	127 cr	0.28%	High