LIC MF Banking & PSU Debt Fund Direct Plan
Scheme Type
Open-ended
Scheme Category
Banking & PSU
Benchmark Type
Crisil Liquid Fund Index
Scheme AUM (in Crs.)
₹ 164.7
Expense Ratio
0.27%
Scheme Class
Debt
AMC AUM (in Crs.)
₹ 20411
Min Subscription
₹ 5000
Min Addition Subscription
₹ 500
Performance
Comparison
Portfolio
Details
Analysis
AMC Details
Launch Date
20 Apr 1994
Sponsor
NA
Email
licmfamc@licmutual.com
Phone
022 - 66016000
Address
4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate, Mumbai - 400 020
Tax Implications
Short Term Capital Gain (Holding period < 12months):
Rates applicable to the Investor as per Tax slab.
Long Term Capital Gain:
22.88% - 23.92%
(20% with Indexation Benefit + Surcharge @ 10%-15% + 4% Health & Education Cess)
Taxation on Dividends:
28.84%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderate
Exit Load
Exit load of 0.50% if redeemed within 90 days
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
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.
Suitability
Regular income for short term.
• Investment in Debt/Money Market Instrument/ Government Securities.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
₹1,000
Investment per month for 0.5 Years
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Portfolio Value
₹151
Total Returns
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