About LIC MF Banking & PSU Debt Fund Direct - Dividend Daily Payout
LIC MF Banking & PSU Debt Fund Direct - Dividend Daily Payout is a Debt
mutual fund scheme from LIC Mutual Fund
. This scheme was launched on 03 Jan 2013 and is currently managed by its fund manager Marzban Irani
. It has an AUM of ₹1,433.26 Crores and the latest NAV decalared is ₹11.537 as on 05 Jul 2020 at 5:24 am.
LIC MF Banking & PSU Debt Fund Direct - Dividend Daily Payout scheme return performance in last 1 year is 11.12%, in last 3 years is 30.18% and 84.32% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The Scheme 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.