Latest NAV & returns of LIC NOMURA MUTUAL FUND ASSET MANAGEMENT CO.LTD

LIC MF Banking & PSU Debt Fund Direct Plan Monthly Reinvestment of Income Dis cum Cap Wdrl

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previously known as LIC MF Banking and PSU Debt Dir Mn DR until

NAV on April 18, 2024
Category Fixed income:
Banking & PSU
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,363 cr
Turnover Ratio 270.40%
Expense Ratio 0.28%
Exit Load -
Returns
  • 1M: 0.47%
  • 1Y: 7.15%
  • 3M: 1.99%
  • 3Y: 5.30%
  • 6M: 3.98%
  • 5Y: 6.08%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Marzban Irani (Since over 7 years) Pratik Shroff (Since 7 months)
ISIN INF767K01GN4
Fund Family LIC Nomura
Launch Date January 22, 2013
Benchmark NIFTY Banking & PSU Debt TR INR
Avg. Maturity 3.72 years
Yield To Maturity (%) 7.59%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Banking & PSU Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -0.170
Sharpe -0.127
Std Dev 0.992
Risk Below Average
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

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Top Banking & Psu Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
30.837 7.77% 8,838 cr 0.39% Below Average
61.396 7.36% 5,992 cr 0.37% Below Average
21.608 7.31% 6,267 cr 0.39% Below Average
22.470 7.27% 2,376 cr 0.32% Average
19.413 7.15% 5,466 cr 0.36% Average
343.267 7.12% 10,047 cr 0.38% Below Average
22.344 6.80% 45 cr 0.18% Below Average
Best Banking & Psu Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
2186.356 7.01% 123 cr 0.28% Above Average


Other plans of LIC MF Banking & PSU Debt Fund


Other Debt funds by LIC Nomura