LIC MF Banking & PSU Debt Fund Direct Plan Growth Option - Regular - Latest NAV [ ₹29.9311 ], Returns, Performance, Portfolio & Returns 2022

LIC MF Banking & PSU Debt Fund Direct Plan Growth Option

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Direct

Growth

3 yr CAGR
+7.01%
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starstarstarstar4

Direct

Growth

3 yr CAGR
+7.01%
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Fund overview

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Net Asset Value

₹29.9311
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AUM (Fund size)

1,312.38 Crore
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Lock-in period

No Lock-in
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Exit Load

0% in 0 days
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Expense ratio

0.28%
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Risk

Low to Moderate
Start your investment
Lumpsum
SIP
SIP+ NEW
Amount
Estimated value after 3 years

(as per historical returns)

1.99 Lakhs
Min investment of ₹1,000 required
risk

Top holdings

HoldingsWeightage
Treps18.15%
Indian Railway Finance Corporation Limited5.74%
Axis Bank Limited5.69%
Housing And Urban Development Corporation Limited3.96%
Hindustan Petroleum Corporation Limited3.94%
Bharat Petroleum Corporation Limited3.81%
National Housing Bank3.79%
HDFC Bank Limited3.79%
Oil And Natural Gas Corporation Limited3.74%
HDFC Bank Limited3.65%

Calculate returns

Monthly (SIP)
One-Time
4000
20
yrs
₹4,000 invested monthly becomes 0 in a period of 20 years

About LIC Mutual Fund Asset Management Limited

LIC Mutual Fund was established in 1989 as an associate company of LIC of India. Over the years, the fund house has become one of the major AMCs in India

Managers

Marzban Irani, Sanjay Pawar

Custodians

Standard Chartered Bank

Address

LIC Mutual Fund Asset Management Limited 4th Floor, Industrial Assurance Building,

Fax Nos.

+91 22 22843660

Telephone Nos.

+91 22 22812038

Homepage

www.licnomuramf.com

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BANGALORE, KARNATAKA

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BANGALORE, KARNATAKA

Start your investment
Lumpsum
SIP
SIP+ NEW
Amount
Estimated value after 3 years

(as per historical returns)

1.99 Lakhs
Min investment of ₹1,000 required
risk

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Frequently Asked Questions

What are debt-funds?

Debt funds is an investment vehicle that mainly invest in fixed income securities like corporate bonds, treasury bills, government securities and other money market instruments.

Who should invest in a debt fund?

Debt funds are ideal for investors who want regular income, but are risk-averse. Debt funds are less volatile and, hence, are less risky than equity funds.

What are liquid funds?

Liquid funds is a type of mutual funds which have a very short maturity period, not more than 91 days. The shorter maturity period, makes it almost a risk-free investment.You can get your money out of liquid funds any time without any penalty or cost.

What is a lock-in period?

It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options. Lock-in period is calculated from the date of investment. Meaning SIPs will have different lock-in dates

Is KYC necessary for BLACK?

KYC is necessary for all fund houses. If you are investing through BLACK, you need to do your KYC just once. The same KYC will be used for all further investments.

What is a Mandate (Auto-SIP)?

A Mandate is a one-time registration through which you instruct your bank account to deduct a specified amount of money from your account daily towards investing into a SIP portfolio. Once you register for Mandate, you don’t have to follow the payment process every time you invest in the SIP.