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LIC MF Banking & PSU Debt Fund - Direct Plan
(Erstwhile LIC MF Income Plus)

5 Value Research
0.05%
Change from previous, NAV as on Sep 13, 2019
Category: Debt: Banking and PSU
Assets: R 861 crore (As on Aug 31, 2019)
Expense: 0.27% (As on Jul 31, 2019)
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Basic Details
Fund House: LIC Mutual Fund
Launch Date: Jan 03, 2013
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Risk Grade: Low
Return Grade: Above Average
Type: Open-ended
Investment Details
Return since Launch: 8.32%
Minimum Investment (R) 5,000
Minimum Addl Investment (R) 500
Minimum Withdrawal (R) 500
Minimum SWP Withdrawal (R) 500
Minimum Balance (R) -
Exit Load (%) 0
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 8.25 0.68 3.28 12.05 8.48 8.21 -
CCIL T Bill Liquidity Weight 3.29 0.36 1.15 4.67 4.26 4.63 -
Category 7.73 0.80 3.23 11.25 7.94 8.60 -
Rank within Category 8 16 6 7 2 11 -
Number of funds in category 17 18 18 17 15 13 -
As on Sep 13, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
LIC MF Banking & PSU Debt Fund - Direct Plan Jan-2013 12.05 8.48 8.21 0.27 861
Axis Banking & PSU Debt Fund - Direct Plan Jan-2013 12.80 8.70 8.73 0.29 8,325
Franklin India Banking & PSU Debt Fund - Direct Plan Apr-2014 13.09 8.43 8.96 0.22 407
Invesco India Banking & PSU Debt Fund - Direct Plan Jan-2013 10.78 7.81 7.95 0.25 38
Kotak Banking and PSU Debt Fund - Direct Plan Jan-2013 12.14 8.37 8.79 0.27 2,621
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 36 36 17 65
Modified Duration (yrs) - 2.28 2.28 2.51
Average Maturity (yrs) 3.22 4.13 1.41 3.28
Yield to Maturity (%) 6.77 8.48 6.77 7.11
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  Axis Bank 2019 Certificate of Deposit A1+ 0.00 - 5.80 5.80
  ICICI Bank 2020 Certificate of Deposit A1+ 0.00 - 6.60 5.50
  6.72% NTPC 2021 Bonds AAA 1.47 - 7.69 5.01
  7.95% SIDBI 2022 Debenture AAA 0.00 - 8.51 4.76
  7.69% National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 0.00 - 7.73 4.72
  8.15% REC 2021 Bonds/Debentures AAA 0.00 - 5.67 4.71
  8.3% IRFC 2029 Debenture AAA 0.00 - 4.46 3.67
  7.27% GOI 2026 GOI Securities SOV 0.00 - 3.64 3.64
  7.17% Nat. Highways Authority 2021 Non Convertible Debenture AAA 2.12 - 8.74 3.52
  7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 4.18 3.47
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Aug 31, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Daily Aug 28, 2019 0.0015   More...
    Aug 27, 2019 0.0017    
    Aug 26, 2019 0.0047    
    Aug 23, 2019 0.0016    
    Aug 22, 2019 0.0015    
    Aug 21, 2019 0.0014    
    Aug 20, 2019 0.0010    
    Aug 19, 2019 0.0043    
    Aug 16, 2019 0.0029    
    Aug 14, 2019 0.0014    
    Aug 13, 2019 0.0074    
    Aug 09, 2019 0.0012    
    Aug 08, 2019 0.0013    
    Aug 07, 2019 0.0030    
    Aug 06, 2019 0.0308    
    Aug 05, 2019 0.0053    
    Aug 02, 2019 0.0014    
    Jul 24, 2019 0.0017    
    Jul 23, 2019 0.0018    
    Jul 22, 2019 0.0141    
    Jul 19, 2019 0.2215    
    Jan 17, 2019 0.0011    
    Jan 16, 2019 0.0015    
    Jan 15, 2019 0.0017    
    Jan 14, 2019 0.0045    
+ Dividend Monthly Aug 27, 2019 0.0432   More...
    Jul 29, 2019 0.0432    
    Jun 25, 2019 0.0432    
    May 27, 2019 0.0432    
    Apr 30, 2019 0.0259    
    Mar 25, 2019 0.0936    
    Feb 25, 2019 0.0648    
    Jan 31, 2019 0.0720    
    Dec 28, 2018 0.0720    
    Nov 29, 2018 0.0877    
    Oct 26, 2018 0.0513    
    Sep 28, 2018 0.0146    
    Sep 04, 2018 0.0391    
    Jul 30, 2018 0.0625    
    Jun 29, 2018 0.0438    
    May 28, 2018 0.0318    
    Apr 27, 2018 0.0407    
    Mar 23, 2018 0.0386    
    Feb 27, 2018 0.0636    
    Dec 29, 2017 0.0218    
    Nov 30, 2017 0.0321    
    Oct 30, 2017 0.0362    
    Sep 28, 2017 0.0314    
    Aug 31, 2017 0.0488    
    Jul 28, 2017 0.0257    
+ Dividend Weekly Sep 09, 2019 0.0093   More...
    Sep 03, 2019 0.0120    
    Aug 27, 2019 0.0337    
    Aug 20, 2019 0.0008    
    Aug 13, 2019 0.0064    
    Aug 06, 2019 0.0305    
    Jul 30, 2019 0.0068    
    Jul 16, 2019 0.0458    
    Jul 09, 2019 0.0631    
    Jun 18, 2019 0.0394    
    Jun 04, 2019 0.0266    
    May 28, 2019 0.0446    
    May 21, 2019 0.0228    
    May 14, 2019 0.0190    
    May 07, 2019 0.0049    
    Apr 02, 2019 0.0502    
    Mar 25, 2019 0.0093    
    Mar 18, 2019 0.0157    
    Mar 11, 2019 0.0286    
    Mar 01, 2019 0.0141    
    Feb 25, 2019 0.0120    
    Feb 15, 2019 0.0093    
    Feb 11, 2019 0.0283    
    Jan 28, 2019 0.0094    
    Jan 21, 2019 0.0048    
News and Analysis
Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

Address: Industrial Assurance Building 4th Floor, Opp. Churchgate Station Mumbai - 400020 | Phone: 022-66016000 / 1800-258-5678 | Fax: 022-22880633

Email: [email protected]

Website: www.licmf.com



Registrar & Transfer Agent: Karvy Fintech Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034 | Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com