LIC MF Banking & PSU Debt Fund

This product is suitable for investors who are seeking* :

Regular income for medium term capital appreciation with current income

An income fund that invests predominantly in debt and money market
instruments issued by Banks, PSU’s, PFIs and Municipal Bonds.

Risk - Moderate


*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Investment Objective The primary investment objective of the Scheme is to 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. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Application Amount INR 5,000/- and in multiples of INR 1/- thereafter.
SIP Amount – 1)Monthly – 1000/- and in multiples of Rs.1/- thereafter.
2)Quarterly – Rs.3000/- and in multiples of Rs.1/- thereafter.
Minimum Additional Amount (for subsequent investments under an existing folio) INR 500/- and in multiples of INR 1/- thereafter.
Benchmark Index Nifty Banking and PSU Debt Index.
Load Structure Entry Load – Nil
Exit Load - Nil
Minimum Redemption Minimum of INR 500/- and in multiples of INR 1/- thereafter.
Asset Allocation Pattern
Under normal circumstances, the asset allocation pattern will be as follows Indicative allocations (% of total assets) Risk Profile
Instruments Minimum Maximum
Minimum Investment in debt instruments of banks,public sector Undertakings,Public Financial Institutions and Municipal Bonds.* 80 100 Low to Medium
Other debt and money market securities* 0 20 Low to Medium
Units issued by REITs & InvIT* 0 10 Medium to High

*The Cumulative Gross Exposure to Debt, Money Market, Derivatives, REITs & InviT will not exceed 100% of the Net Assets of the Scheme. The Scheme may participate upto 10% of the AUM of the scheme in repo of corporate debt securities.

Fund Manager Mr. Marzban Irani
Plans Available Regular Plan and Direct Plan.
(The Regular and Direct plan will have a common portfolio)
Options Available 1) Dividend
• Dividend Payout
• Dividend Reinvestment
2) Growth
Applicable NAV The NAV applicable for purchase or redemption or switching of Units based on the time of the Business Day on which the application is time stamped.
Risk Factors For detailed scheme/securities related risk factors, please refer to the Scheme Information Document.
Statutory Details: Sponsor: Life Insurance Corporation of India.
Investment Manager: LIC Mutual Fund Asset Management Ltd. CIN: U67190MH1994PLC077858

"*Mutual Fund investments are subject to market risks, read all scheme related documents carefully."