About LIC MF Banking & PSU Debt Fund Direct-Dividend Daily
LIC MF Banking & PSU Debt Fund Direct-Dividend Daily 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 ₹1,084.74 Crores and the latest NAV decalared is ₹10.791 as on 11 Nov 2019 at 9:00 pm.
LIC MF Banking & PSU Debt Fund Direct-Dividend Daily scheme return performance in last 1 year is 11.78%, in last 3 years is 27.41% and 72.34% 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.