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

5 Value Research
0.07%
Change from previous, NAV as on Oct 18, 2019
Category: Debt: Banking and PSU
Assets: R 837 crore (As on Sep 30, 2019)
Expense: 0.82% (As on Sep 30, 2019)
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Basic Details
Fund House: LIC Mutual Fund
Launch Date: May 31, 2007
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Risk Grade: Low
Return Grade: Above Average
Type: Open-ended
Investment Details
Return since Launch: 7.64%
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 8.42 0.49 1.80 11.11 7.71 7.50 7.49
CCIL T Bill Liquidity Weight 3.71 0.39 1.10 4.65 4.26 4.61 4.66
Category 8.03 0.45 1.93 10.62 7.34 8.10 8.20
Rank within Category 8 13 13 8 6 11 2
Number of funds in category 17 18 18 17 15 13 2
As on Oct 18, 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 May-2007 11.11 7.71 7.50 0.82 837
Axis Banking & PSU Debt Fund Jun-2012 12.24 8.43 8.47 0.59 8,803
Edelweiss Banking and PSU Debt Fund - Regular Plan Sep-2013 12.75 7.84 8.16 0.55 112
Franklin India Banking & PSU Debt Fund Apr-2014 12.53 7.92 8.34 0.55 439
IDFC Banking & PSU Debt Fund - Regular Plan Mar-2013 13.24 7.93 8.15 0.64 9,715
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 32 36 17 57
Modified Duration (yrs) - - - 2.63
Average Maturity (yrs) 2.68 4.13 1.49 3.43
Yield to Maturity (%) 6.90 8.48 6.77 7.26
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  Indian Oil Corp. 59-D 11/11/2019 Commercial Paper A1+ 0.00 - 7.54 7.54
  7.87% HDFC 2022 Non Convertible Debenture AAA 0.00 - 6.03 6.03
  Bank of Baroda 2019 Certificate of Deposit A1+ 0.00 - 5.93 5.93
  6.72% NTPC 2021 Bonds AAA 3.32 - 7.69 5.13
  7.95% SIDBI 2022 Debenture AAA 0.00 - 8.51 4.88
  7.69% National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 0.00 - 7.73 4.84
  8.15% REC 2021 Bonds/Debentures AAA 0.00 - 5.67 4.83
  8.3% IRFC 2029 Debenture AAA 0.00 - 4.46 3.74
  7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 4.18 3.56
  7.27% GOI 2026 GOI Securities SOV 0.00 - 3.64 3.28
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Sep 30, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Daily Oct 04, 2019 0.0021   More...
    Oct 03, 2019 0.0001    
    Sep 30, 2019 0.0039    
    Sep 27, 2019 0.0018    
    Sep 26, 2019 0.0389    
    Sep 25, 2019 0.0144    
    Sep 23, 2019 0.0028    
    Sep 19, 2019 0.0024    
    Sep 18, 2019 0.0022    
    Sep 17, 2019 0.0009    
    Sep 16, 2019 0.0059    
    Sep 13, 2019 0.0053    
    Sep 12, 2019 0.0013    
    Sep 11, 2019 0.0027    
    Sep 09, 2019 0.0039    
    Sep 06, 2019 0.0005    
    Sep 05, 2019 0.0013    
    Sep 04, 2019 0.0007    
    Sep 03, 2019 0.0044    
    Aug 30, 2019 0.0004    
    Aug 19, 2019 0.0039    
    Aug 16, 2019 0.0027    
    Aug 14, 2019 0.0084    
    Aug 13, 2019 0.0026    
    Aug 09, 2019 0.0013    
+ Dividend Monthly Sep 24, 2019 0.0432   More...
    Aug 27, 2019 0.0432    
    Jul 29, 2019 0.0432    
    Jun 25, 2019 0.0432    
    May 27, 2019 0.0432    
    Apr 30, 2019 0.0432    
    Mar 25, 2019 0.0504    
    Feb 25, 2019 0.0360    
    Jan 31, 2019 0.0360    
    Dec 28, 2018 0.1080    
    Nov 29, 2018 0.0836    
    Oct 26, 2018 0.0480    
    Sep 28, 2018 0.0121    
    Sep 04, 2018 0.0347    
    Jul 30, 2018 0.0584    
    Jun 29, 2018 0.0392    
    May 28, 2018 0.0274    
    Apr 27, 2018 0.0357    
    Mar 23, 2018 0.0313    
    Feb 27, 2018 0.0495    
    Dec 29, 2017 0.0232    
    Nov 30, 2017 0.0278    
    Oct 30, 2017 0.0316    
    Sep 28, 2017 0.0274    
    Aug 31, 2017 0.0430    
+ Dividend Weekly Oct 15, 2019 0.0103   More...
    Oct 07, 2019 0.0088    
    Oct 01, 2019 0.0154    
    Sep 24, 2019 0.0070    
    Sep 17, 2019 0.0106    
    Sep 09, 2019 0.0070    
    Sep 03, 2019 0.0069    
    Aug 27, 2019 0.0098    
    Aug 20, 2019 0.0087    
    Aug 13, 2019 0.0117    
    Aug 06, 2019 0.0100    
    Jul 30, 2019 0.0112    
    Jul 23, 2019 0.0198    
    Jul 16, 2019 0.0248    
    Jul 09, 2019 0.0139    
    Jul 02, 2019 0.0111    
    Jun 25, 2019 0.0260    
    Jun 18, 2019 0.0183    
    Jun 11, 2019 0.0193    
    Jun 04, 2019 0.0113    
    May 28, 2019 0.0154    
    May 21, 2019 0.0118    
    May 14, 2019 0.0186    
    May 07, 2019 0.0100    
    Apr 30, 2019 0.0085    
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