1M
6M
1Y
3Y
5Y
All
| NAV: 13 May 2024 | ₹27.77 |
| Min. SIP amount | ₹1,000 |
| Rating | NA |
| Fund size | ₹153.08Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity Dividend Yield
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 49.0% | 23.0% | 22.7% | 21.6% |
| Category average | 41.1% | 23.1% | 20.7% | NA |
| Rank with in category | 2 | 5 | 3 | NA |
Understand terms
Holdings (44)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Infosys Ltd. | Technology | Equity | 5.10% |
ICICI Bank Ltd. | Financial | Equity | 4.69% |
Tata Consultancy Services Ltd. | Technology | Equity | 3.68% |
Power Finance Corporation Ltd. | Financial | Equity | 3.28% |
Bharat Electronics Ltd. | Capital Goods | Equity | 3.11% |
NTPC Ltd. | Energy | Equity | 2.99% |
Maruti Suzuki India Ltd. | Automobile | Equity | 2.97% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 2.97% |
State Bank of India | Financial | Equity | 2.91% |
Larsen & Toubro Ltd. | Construction | Equity | 2.76% |
See All
Pros and cons
Category: Equity Dividend Yield
Pros
Cons
Lower expense ratio: 1.44%
3Y annualised returns lower than category average by 0.09%
1Y and 5Y annualised returns higher than category average
Higher alpha: 4.24
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Expense ratio, exit load and tax
Expense ratio: 1.44%
Inclusive of GST
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 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 | ₹5,000 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹1,000 |
Fund management
Dikshit MittalJul 2023 - PresentView details
Dikshit Mittal
Jul 2023 - Present
View details
Education
Mr. Mittal is a MBA (Finance) - ICFAI Busines School, Hyderabad. B-Tech (Chemical) - Punjab Technical University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.
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
SBI SG Global Securities Services Pvt.Ltd.
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
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