LIC MF Banking & PSU Debt Fund


An open ended debt scheme predominantly investing in debt instruments of banks, public sector undertakings, public financial institutions and municipal bonds


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.


  • Those who are looking for regular income for medium-term capital appreciation with current income.
  • Those who would like to participate in debt and money market instruments issued by Banks, PSU's, PFIs and Municipal Bonds.
  • Those who have a Moderate risk appetite.
  • Those who have an investment horizon of more than 3 years.

1. 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.

2. Investors should consult their financial advisors if in doubt about whether the product is suitable for themKindly add below mentioned two lines in Product Label Section.

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Top holding where the fund has invested ( As on 31-Jan-2020 )
  • REC Ltd.9.11 %

  • Axis Bank Ltd.7.99 %

  • Housing Development Finance Corp Ltd.7.63 %

  • Government Bond7.20 %

  • Export Import Bank of India7.14 %

  • HDFC Bank Ltd.6.99 %

  • Housing & Urban Development Corp Ltd.6.63 %

  • National Bk for Agriculture & Rural Dev.6.38 %

  • Power Finance Corporation Ltd.6.32 %

  • Bank of Baroda5.73 %

  • Others25.49 %

  • Cash & Cash Equivalent:3.39 %

Portfolio Composition (As of 31-Jan-2020)

Fund Information

  • Inception : 31/05/2007
  • Entry Load : Nil
  • Exit Load : Nil   ...more
Performance

  • Lumpsum
  • SIP

Fund Documents

Fund Documents Documents PDF
Fact Sheet pdf-icon
Scheme Information Document pdf-icon
KIM and Application form pdf-icon
Product Leaflet pdf-icon
KYC IS ONE TIME EXERCISE WHILE DEALING IN SECURITIES MARKET - ONCE KYC IS DONE THROUGH A SEBI REGISTERED INTERMEDIARY {MUTUAL FUND, BROKER, DEPOSITORY, PARTICIPANTS, ETC.}, YOU NEED NOT UNDERGO THE SAME PROCESS AGAIN WHEN YOU APPROACH ANOTHER INTERMEDIARY