LIC MF Banking & PSU Fund-Regular Plan-Growth

(Erstwhile LIC MF Income Plus Fund-Regular Plan-Growth)

Category: Debt: Banking and PSU
Launch Date: 30-05-2007
Asset Class: Fixed Income
Benchmark: NIFTY Banking and PSU Debt TRI
Expense Ratio: 0.78% As on (30-08-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 500.0
Total Assets: 1,540.44 Cr As on (30-08-2024)
Turn over:
NAV as on 17-09-2024

32.6505

0.01 (0.0355%)

CAGR Since Inception

7.07%

NIFTY Banking and PSU Debt TRI 8.8%

PERFORMANCE of LIC MF Banking & PSU Fund-Regular Plan-Growth

Scheme Performance (%) Data as on - 18-09-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
LIC MF Banking & PSU Fund-Regular Plan-Growth 7.54 5.29 5.7 6.61 7.07
Benchmark - - - - -
Debt: Banking and PSU 7.51 5.41 6.32 7.21 6.82

Yearly Performance (%)

Nav Movement

Fund Managers

Marzban Irani, Pratik Harish Shroff

Investment Objective

The fund seeks to generate reasonable return with low risk and high liquidity from a portfolio of debt and money market instruments

RETURNS CALCULATOR for LIC MF Banking & PSU Fund-Regular Plan-Growth

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

Key Performance and Risk Statistics of LIC MF Banking & PSU Fund-Regular Plan-Growth

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
LIC MF Banking & PSU Fund-Regular Plan-Growth 1.02 -0.64 3.36 2.0 7.52 3.99
Debt: Banking and PSU - - - - - -

PEER COMPARISION of LIC MF Banking & PSU Fund-Regular Plan-Growth

Period
Data as on - 18-09-2024
Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
LIC MF Banking & PSU Fund-Regular Plan-Growth 30-05-2007 7.54 6.86 5.29 5.7 6.61
DSP Banking & PSU Debt Fund - Regular Plan - Growth 05-09-2013 8.4 7.46 5.69 6.55 7.49
Invesco India Banking and PSU Fund - Growth Option 24-12-2012 8.15 7.08 4.66 5.67 6.48
Edelweiss Banking and PSU Debt Fund - Regular Plan - Growth Option 06-09-2013 7.93 7.05 5.28 7.04 7.71
Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking and PSU Debt Fund) Regular Plan - Growth 30-12-2004 7.86 7.16 5.45 5.73 6.75
Kotak Banking and PSU Debt - Growth 29-12-1998 7.84 7.22 5.71 6.66 7.53
Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option 10-05-2015 7.71 7.09 5.51 6.54 0.0
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth 05-04-2008 7.68 7.08 5.65 6.58 7.81
Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan-Growth 19-04-2002 7.68 7.08 5.65 6.58 7.81
HDFC Banking and PSU Debt Fund - Growth Option 03-03-2014 7.59 7.08 5.53 6.53 7.54

PORTFOLIO ANALYSIS of LIC MF Banking & PSU Fund-Regular Plan-Growth

Asset Allocation (%)