About LIC MF Banking & PSU Debt Fund Direct - Dividend Monthly Payout
LIC MF Banking & PSU Debt Fund Direct - Dividend Monthly 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 ₹1,456.28 Crores and the latest NAV decalared is ₹10.599 as on 20 Feb 2020 at 11:35 pm.
LIC MF Banking & PSU Debt Fund Direct - Dividend Monthly Payout scheme return performance in last 1 year is 10.97%, in last 3 years is 28.21% and 43.59% 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.