1M
6M
1Y
All
| NAV: 13 May 2024 | ₹12.65 |
| Min. SIP amount | Not Supported |
| Rating | NA |
| Fund size | ₹886.14Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 2.2% | 9.2% | 15.1% | 26.3% |
| Category average | NA | NA | 22.1% | NA |
| Rank with in category | 21 | 29 | 31 | NA |
Understand terms
Holdings (77)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 8.57% |
HDFC Bank Ltd. | Financial | Equity | 8.07% |
ICICI Bank Ltd. | Financial | Equity | 7.19% |
Reliance Industries Ltd. | Energy | Equity | 6.85% |
State Bank of India | Financial | Equity | 5.43% |
ITC Ltd. | Consumer Staples | Equity | 4.02% |
Tata Capital Housing Finance Ltd. | Financial | CP | 3.84% |
Infosys Ltd. | Technology | Equity | 3.75% |
Tata Consultancy Services Ltd. | Technology | Equity | 3.53% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 3.42% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
Cons
Lower expense ratio: 0.55%
1Y annualised returns lower than category average by 5.72%
Expense ratio, exit load and tax
Expense ratio: 0.56%
Inclusive of GST
Exit load
For units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | Not Supported |
Fund management
Yogesh PatilOct 2021 - PresentView details
Yogesh Patil
Oct 2021 - Present
View details
Education
Mr. Patil is an MBA (Finance).
Experience
Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
Also manages these schemes
Rahul SinghOct 2021 - PresentView details
Rahul Singh
Oct 2021 - Present
View details
Education
Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Experience
Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
Also manages these schemes
Jaiprakash ToshniwalJun 2022 - PresentView details
Jaiprakash Toshniwal
Jun 2022 - Present
View details
Education
Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Launch Date
20 Apr 1994
E-mail
[email protected]Website
www.licmf.com
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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