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

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

35.251 (0.007%)

NAV on October 03, 2024

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 1,541 cr

Turnover Ratio 123.98%

Expense Ratio 0.28%

Exit Load -

Returns

1M: 1.02%
1Y: 8.51%
3M: 2.61%
3Y: 6.03%
6M: 4.41%
5Y: 6.33%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Marzban Irani (Since about 8 years) Pratik Shroff (Since about 1 year)

ISIN INF767K01GI4

Fund Family LIC Nomura

Launch Date January 01, 2013

Benchmark NIFTY Banking & PSU Debt TR INR

Avg. Maturity 4.26 years

Yield To Maturity (%) 7.40%

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
DSP Banking & PSU Debt Fund Direct Growth	23.571	9.40%	2,615 cr	0.32%	Average
Kotak Banking and PSU Debt Direct Growth	64.109	8.77%	5,862 cr	0.39%	Below Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	24.041	8.73%	272 cr	0.39%	Above Average
Nippon India Banking & PSU Debt Fund Direct Growth	20.254	8.57%	5,343 cr	0.38%	Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	358.038	8.48%	9,422 cr	0.39%	Below Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	22.525	8.38%	5,872 cr	0.39%	Below Average
SBI Banking and PSU Fund Direct Plan Growth	3113.130	8.36%	3,756 cr	0.34%	Average

Best Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
DSP Banking & PSU Debt Fund Direct Growth	23.571	9.40%	2,615 cr	0.32%	Average
Invesco India Banking & PSU Fund Direct Growth	2284.327	8.84%	101 cr	0.25%	Above Average
Kotak Banking and PSU Debt Direct Growth	64.109	8.77%	5,862 cr	0.39%	Below Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	24.041	8.73%	272 cr	0.39%	Above Average
Nippon India Banking & PSU Debt Fund Direct Growth	20.254	8.57%	5,343 cr	0.38%	Average
LIC MF Banking & PSU Fund Direct Plan Growth Option	35.251	8.51%	1,541 cr	0.28%	Below Average
Sundaram Banking & PSU Fund - Direct Plan - Growth Option	41.108	8.42%	330 cr	0.27%	Average