LIC Mutual Fund

LIC MF Banking & PSU Fund Direct Plan Growth

₹ 37.25

NAV (Apr 30)

7.403%
3 Year CAGR
Scripbox Opinion
not-recommended
Not Recommended
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Banking And Psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.

They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.

The category accounts for close to 8% of the total assets in the Debt Segment.

We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

Our analysis of this fundLearn how we rate funds ->

Consistency of Credit quality

Poor

The performance of the fund on a Consistency of Credit Quality metric has been Poor

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Scheme Information

Investment Objective

The Scheme 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.

Expense Ratio
0.28 %
Launched 12Y ago
2013-01-03
AUM in Crores
1701.8
ISIN
INF767K01GI4
Lock-in (days)
No Lock-in
Benchmark
Nifty Banking & PSU Debt Index A-II
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
1
Beta
2.1
Sharpe Ratio
0.2
YTM
-
asset-allocation

Asset allocation and Holdings

Last updated on 2025-03-12

Top Debt Holdings

GOI

5.15%
5.149%

Small Industries Devp. Bank of India Ltd.

4.23%
4.227%

Power Grid Corporation Of India Ltd.

3.85%
3.853%

Bank Of Baroda

3.55%
3.554%

Power Grid Corporation Of India Ltd.

3.46%
3.457%
See all holdings
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Frequently Asked Questions

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