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.

This product is suitable for investors who are seeking.

  • 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 advisors if in doubt about whether the product is suitable for them.

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Top holding where the fund has invested ( As on 30-Apr-2024 )
  • State Government Bond10.17 %

  • Indian Railway Finance Corporation Ltd.9.41 %

  • Small Industries Development Bk of India8.80 %

  • National Bk for Agriculture & Rural Dev.8.24 %

  • Power Finance Corporation Ltd.7.49 %

  • REC Ltd.7.46 %

  • NTPC Ltd.5.87 %

  • HDFC Bank Ltd.5.60 %

  • Government Bond5.26 %

  • State Bank of India3.85 %

Monthly Portfolio  /  Fortnightly Portfolio Download      Half Yearly Portfolio
Portfolio Composition (As of 30-Apr-2024)
Maturity Profile (%)

> 365 Days

81.01%

> 91 days up to 365 Days

10.85%

Cash & Other Receivables

4.25%

Up to  91 days

3.64%

Mutual Fund Units

0.25%
Rating Profile (% Weightage)

AAA/A1+ and Equivalent

80.07%

SOVEREIGN

15.43%

Cash & Other Receivables

4.25%

Mutual Fund Units

0.25%

Fund Information

  • Inception : 31/05/2007
  • Entry Load : Not Applicable
  • Exit Load : NIL   ...more
Performance

  • Lumpsum

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
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The office of LIC Mutual Fund Indore will be closed on 13th May 2024 on account of Parliament elections. The office of LIC Mutual Fund, (Pune, Aurangabad, Hyderabad, and Vijayawada offices), will be closed on 13th May 2024 on account of Parliament elections.