About LIC MF Banking & PSU Debt Fund Direct-Growth
LIC MF Banking & PSU Debt Fund Direct-Growth 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 ₹837.42 Crores and the latest NAV decalared is ₹26.097 as on 22 Oct 2019 at 10:15 pm.
LIC MF Banking & PSU Debt Fund Direct-Growth scheme return performance in last 1 year is 11.74%, in last 3 years is 27.29% and 71.97% 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.