Item: LIC MF Banking & PSU Fund Direct Plan Monthly Reinvestment of Income Dis cum Cap Wdrl
Rating: 3
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Banking & PSU Fund Direct Plan Monthly Reinvestment of Income Dis cum Cap Wdrl

13.872 (0.428%)

NAV on April 02, 2025

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,882 cr

Turnover Ratio 123.98%

Expense Ratio 0.28%

Exit Load -

Returns

1M: 1.94%
1Y: 9.07%
3M: 2.93%
3Y: 7.04%
6M: 4.50%
5Y: 6.31%

Min Investment 5,000

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ADDITIONAL INFO

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

ISIN INF767K01GN4

Fund Family LIC Nomura

Launch Date January 22, 2013

Benchmark NIFTY Banking & PSU Debt TR INR

Avg. Maturity 4.65 years

Yield To Maturity (%) 7.30%

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.

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	24.568	9.28%	3,115 cr	0.32%	Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	25.082	9.17%	262 cr	0.39%	Above Average
Nippon India Banking & PSU Debt Fund Direct Growth	21.154	9.04%	5,629 cr	0.38%	Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	373.645	8.97%	9,594 cr	0.39%	Below Average
Kotak Banking and PSU Debt Direct Growth	66.851	8.97%	5,797 cr	0.39%	Below Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	23.516	8.92%	5,807 cr	0.39%	Below Average
SBI Banking and PSU Fund Direct Plan Growth	3250.306	8.91%	3,862 cr	0.39%	Average