LIC MF Conservative Hybrid Fund Direct Growth

LIC MF Conservative Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Marzban Irani, Ramnath Venkateswaran is the Current Fund Manager of LIC MF Conservative Hybrid Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹31,112 Cr and the Latest NAV as of 13 May 2024 is ₹81.77. The LIC MF Conservative Hybrid Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days. ;

Investment Objective

The scheme has the primary objective to give steady income by investing at least 65 per cent of its portfolio in fixed income securities. Exposure to equity and money market instrument can range go up to 35 per cent each. ;