As on 17 Sept 2024
LIC MF Banking & PSU Fund-Direct Plan-Growth
DebtNAV
₹ 35.07
CAGR (3 Years)
5.85%
AUM (Cr)
₹ 1,540.53
Risk
Moderate Risk
About LIC MF Banking & PSU Fund-Direct Plan-Growth
To provide reasonable possible current income - consistent with preservation of capital and providing liquidity - from investing in a diversified portfolio of short-term money market and debt securities.
Breakdown of this Fund
Debt Others
78.87%
Govt. Securities
56.38%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.52
Exit Load
Nil
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.