Item: LIC MF Banking & PSU Fund Direct Plan Weekly 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 Weekly Reinvestment of Income Dis cum Cap Wdrl

10.054 (-0.286%)

NAV on January 22, 2025

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,773 cr

Turnover Ratio 123.98%

Expense Ratio 0.28%

Exit Load -

Returns

1M: 0.71%
1Y: 8.47%
3M: 1.70%
3Y: 6.43%
6M: 4.07%
5Y: 6.12%

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 INF767K01GO2

Fund Family LIC Nomura

Launch Date January 22, 2013

Benchmark NIFTY Banking & PSU Debt TR INR

Avg. Maturity 4.63 years

Yield To Maturity (%) 7.33%

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 Rated
Top Performing

Top Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
DSP Banking & PSU Debt Fund Direct Growth	23.968	9.08%	2,962 cr	0.32%	Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	24.475	8.55%	268 cr	0.39%	Above Average
Kotak Banking and PSU Debt Direct Growth	65.375	8.53%	5,650 cr	0.39%	Below Average
Nippon India Banking & PSU Debt Fund Direct Growth	20.650	8.41%	5,702 cr	0.38%	Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	22.980	8.36%	5,904 cr	0.39%	Below Average
SBI Banking and PSU Fund Direct Plan Growth	3174.931	8.33%	3,709 cr	0.39%	Average
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	32.764	8.33%	9,914 cr	0.39%	Low