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LIC MF Banking & PSU Debt Fund Monthly Dividend Payout

Formerly LIC MF Income Plus Mn DP
Returns (3yrs)
4.63 %
Latest NAV
10.64

Investment Calculator

  • Tenure
  • Returns %
  • Step Up %
Total Investment
Wealth Gained
Total Corpus Created
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Short Term Money
Better than FD

Fund Information

as on 29th of May, 03:46 AM

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.

Fund Managers

  • profile-pic
    Marzban Irani
  • expense-ratio
    Expense Ratio
    0.83
    benchmark
    Benchmark
    NIFTY Banking & PSU Debt TR INR
  • Aum image
    AUM
    ₹ 1319.91 Crores
    ISIN
    ISIN
    INF767K01543
  • Category Risk:

    Moderate Risk

Holding Information

as on 29th of May, 03:46 AM

Top Holding

Hdfc Bank Limited
7%
Export Import Bank Of India
4%
Ntpc Limited
3%
National Bank For Agriculture And Rural Development
3%
Rec Limited
3%

Allocation

Debt
88%
Others
12%
Equity
0%

Investment Return Calculator

as on 29th of May, 03:46 AM
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  • Savings Bank
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  • Mutual Fund(Equity)

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Transaction

as on 29th of May, 03:46 AM
Minimum SIP Amount
1000
Minimum Lumpsum Amount
5000
Lumpsum Multiple
100
SIP Multiple
100

About the Fund

LIC MF Banking & PSU Debt Fund Monthly Dividend Payout is a Banking and PSU Debt fund and has delivered an annualised return of 8.36% over a period of 1 year. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund managers names are Marzban Irani. 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. The fund charges 0.83000%. The minimum SIP amount for this is ₹1000. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000.

Disclaimer: Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund company before taking any Investment action based on this information.