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

5 Value Research
0.12%
Change from previous, NAV as on Aug 22, 2019
Category: Debt: Banking and PSU
Assets: R 712 crore (As on Jul 31, 2019)
Expense: 0.82% (As on Jul 31, 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: 7.66%
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 7.40 0.87 3.75 10.84 7.86 7.57 7.47
CCIL T Bill Liquidity Weight 3.03 0.40 1.24 4.63 4.28 4.65 4.63
Category 6.94 0.94 3.79 10.15 7.63 8.25 8.17
Rank within Category 8 11 9 7 6 11 2
Number of funds in category 17 18 18 17 15 13 2
As on Aug 22, 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 10.84 7.86 7.57 0.82 712
Axis Banking & PSU Debt Fund Jun-2012 11.15 8.38 8.48 0.59 7,134
Edelweiss Banking and PSU Debt Fund - Regular Plan Sep-2013 12.67 8.15 8.54 0.55 103
Franklin India Banking & PSU Debt Fund Apr-2014 11.85 8.06 8.46 0.58 267
Invesco India Banking & PSU Debt Fund Dec-2012 9.98 7.37 7.35 0.65 36
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 34 34 17 53
Modified Duration (yrs) 2.28 2.28 1.74 2.64
Average Maturity (yrs) 2.78 4.13 1.41 3.51
Yield to Maturity (%) 6.83 8.48 6.83 7.32
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  ICICI Bank 2020 Certificate of Deposit A1+ 0.00 - 6.60 6.60
  Bank of Baroda 2019 Certificate of Deposit A1+ 0.00 - 8.89 6.46
  6.72% NTPC 2021 Bonds AAA 1.43 - 7.69 6.02
  8.15% REC 2021 Bonds/Debentures AAA 0.00 - 5.67 5.67
  7.69% National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 0.00 - 7.73 5.67
  7.95% SIDBI 2022 Debenture AAA 0.00 - 8.51 5.00
  8.3% IRFC 2029 Debenture AAA 0.00 - 4.46 4.46
  7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 4.18 4.18
  8.24% Power Grid Corporation 2029 Debenture AAA 0.00 - 5.71 3.76
  7.32% GOI 2024 GOI Securities SOV 0.00 - 3.65 3.65
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Jul 31, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Daily Aug 19, 2019 0.0039   More...
    Aug 16, 2019 0.0027    
    Aug 14, 2019 0.0084    
    Aug 13, 2019 0.0026    
    Aug 09, 2019 0.0013    
    Aug 08, 2019 0.0012    
    Aug 07, 2019 0.0028    
    Aug 06, 2019 0.0014    
    Aug 05, 2019 0.0047    
    Aug 02, 2019 0.0013    
    Aug 01, 2019 0.0020    
    Jul 31, 2019 0.0014    
    Jul 30, 2019 0.0014    
    Jul 29, 2019 0.0036    
    Jul 26, 2019 0.0009    
    Jul 25, 2019 0.0012    
    Jul 24, 2019 0.0015    
    Jul 23, 2019 0.0012    
    Jul 22, 2019 0.0043    
    Jul 19, 2019 0.0013    
    Jul 18, 2019 0.0033    
    Jul 17, 2019 0.0058    
    Jul 16, 2019 0.0016    
    Jul 15, 2019 0.0051    
    Jul 12, 2019 0.0056    
+ Dividend Monthly Jul 29, 2019 0.0432   More...
    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    
    Jul 28, 2017 0.0404    
    Jun 30, 2017 0.0630    
+ Dividend Weekly Aug 20, 2019 0.0087   More...
    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    
    Apr 23, 2019 0.0012    
    Apr 16, 2019 0.0079    
    Apr 09, 2019 0.0082    
    Apr 02, 2019 0.0110    
    Mar 25, 2019 0.0105    
    Mar 18, 2019 0.0124    
    Mar 11, 2019 0.0278    
    Mar 01, 2019 0.0134    
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