How to Invest in LIC MF Arbitrage Fund Direct IDCW Monthly?

You can easily invest in LIC MF Arbitrage Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for LIC MF Arbitrage Fund Direct IDCW Monthly from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in LIC MF Arbitrage Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF Arbitrage Fund Direct IDCW Monthly provide?

The LIC MF Arbitrage Fund Direct IDCW Monthly has been there from 25 Jan 2019 and the average annual returns provided by this fund is 7.26% since its inception.

How much expense ratio is charged by LIC MF Arbitrage Fund Direct IDCW Monthly?

The term Expense Ratio used for LIC MF Arbitrage Fund Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of LIC MF Arbitrage Fund Direct IDCW Monthly is 0.31% as of 23 Sep 2023...

What is the AUM of LIC MF Arbitrage Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of LIC MF Arbitrage Fund Direct IDCW Monthly is ₹19.64Cr as of 23 Sep 2023.

How to Redeem LIC MF Arbitrage Fund Direct IDCW Monthly?

If you want to sell your LIC MF Arbitrage Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of LIC MF Arbitrage Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of LIC MF Arbitrage Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of LIC MF Arbitrage Fund Direct IDCW Monthly?

The NAV of LIC MF Arbitrage Fund Direct IDCW Monthly is ₹11.54 as of 22 Sep 2023.

What is the PE and PB ratio of LIC MF Arbitrage Fund Direct IDCW Monthly?

The PE ratio ratio of LIC MF Arbitrage Fund Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

LIC MF Arbitrage Fund Direct IDCW Monthly - NAV, Mutual Fund Performance & Portfolio

LIC MF Arbitrage Fund Direct IDCW Monthly
Hybrid
Arbitrage
Low Risk
5.11%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
All
 NAV: 22 Sep 2023₹11.54
Min. SIP amount₹1,000
Rating2
Fund size₹19.64Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Arbitrage
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA7.3%5.1%5.3%
Category averageNA6.6%4.4%NA
Rank with in categoryNA1817NA
Understand terms
Holdings (31)NameSectorInstrumentAssets
LIC MF Liquid Fund - Direct Plan
NAMutual Fund23.6%
Coal India Ltd.
EnergyEquity6.4%
HDFC Bank Ltd.
FinancialEquity5.7%
Apollo Hospitals Enterprise Ltd.
HealthcareEquity5.2%
Reliance Industries Ltd.
EnergyEquity4.6%
Pidilite Industries Ltd.
ChemicalsEquity4.5%
Tata Power Company Ltd.
EnergyEquity4.2%
Indus Towers Ltd.
CommunicationEquity3.3%
GAIL (India) Ltd.
EnergyEquity3.2%
Hindustan Petroleum Corporation Ltd.
EnergyEquity3.1%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Aug 2023 - Present
0.31%
31 Jul 2023 - 31 Aug 2023
0.31%
30 Jun 2023 - 31 Jul 2023
0.31%
31 May 2023 - 30 Jun 2023
0.31%
30 Apr 2023 - 31 May 2023
0.31%
31 Mar 2023 - 30 Apr 2023
0.31%
28 Feb 2023 - 31 Mar 2023
0.31%
31 Jan 2023 - 28 Feb 2023
0.31%
31 Dec 2022 - 31 Jan 2023
0.32%
31 Dec 2022 - 31 Dec 2022
0.32%
30 Nov 2022 - 31 Dec 2022
0.32%
30 Nov 2022 - 30 Nov 2022
0.32%
30 Nov 2022 - 30 Nov 2022
0.32%
31 Oct 2022 - 30 Nov 2022
0.32%
31 Oct 2022 - 31 Oct 2022
0.32%
31 Oct 2022 - 31 Oct 2022
0.32%
31 Oct 2022 - 31 Oct 2022
0.32%
30 Sep 2022 - 31 Oct 2022
0.32%
30 Sep 2022 - 30 Sep 2022
0.32%
30 Sep 2022 - 30 Sep 2022
0.32%
31 Aug 2022 - 30 Sep 2022
0.32%
31 Aug 2022 - 31 Aug 2022
0.32%
31 Jul 2022 - 31 Aug 2022
0.32%
31 Jul 2022 - 31 Jul 2022
0.32%
30 Jun 2022 - 31 Jul 2022
0.32%
30 Jun 2022 - 30 Jun 2022
0.32%
31 May 2022 - 30 Jun 2022
0.32%
31 May 2022 - 31 May 2022
0.32%
30 Apr 2022 - 31 May 2022
0.32%
30 Apr 2022 - 30 Apr 2022
0.32%
31 Mar 2022 - 30 Apr 2022
0.32%
31 Mar 2022 - 31 Mar 2022
0.32%
28 Feb 2022 - 31 Mar 2022
0.32%
28 Feb 2022 - 28 Feb 2022
0.32%
31 Jan 2022 - 28 Feb 2022
0.32%
31 Dec 2021 - 31 Jan 2022
0.33%
30 Nov 2021 - 31 Dec 2021
0.33%
31 Oct 2021 - 30 Nov 2021
0.33%
30 Sep 2021 - 31 Oct 2021
0.33%
31 Aug 2021 - 30 Sep 2021
0.33%
31 Jul 2021 - 31 Aug 2021
0.33%
30 Jun 2021 - 31 Jul 2021
0.33%
31 May 2021 - 30 Jun 2021
0.43%
30 Apr 2021 - 31 May 2021
0.43%
31 Mar 2021 - 30 Apr 2021
0.43%
28 Feb 2021 - 31 Mar 2021
0.43%
31 Jan 2021 - 28 Feb 2021
0.43%
31 Dec 2020 - 31 Jan 2021
0.43%
30 Nov 2020 - 31 Dec 2020
0.43%
31 Oct 2020 - 30 Nov 2020
0.43%
30 Sep 2020 - 31 Oct 2020
0.44%
31 Aug 2020 - 30 Sep 2020
0.47%
31 Jul 2020 - 31 Aug 2020
0.47%
30 Jun 2020 - 31 Jul 2020
0.47%
31 May 2020 - 30 Jun 2020
0.36%
30 Apr 2020 - 31 May 2020
0.36%
31 Mar 2020 - 30 Apr 2020
0.35%
29 Feb 2020 - 31 Mar 2020
0.35%
31 Jan 2020 - 29 Feb 2020
0.35%
31 Dec 2019 - 31 Jan 2020
0.35%
30 Nov 2019 - 31 Dec 2019
0.36%
31 Oct 2019 - 30 Nov 2019
0.37%
30 Sep 2019 - 31 Oct 2019
0.37%
31 Aug 2019 - 30 Sep 2019
0.37%
31 Jul 2019 - 31 Aug 2019
0.37%
30 Jun 2019 - 31 Jul 2019
0.37%
31 May 2019 - 30 Jun 2019
0.37%
30 Apr 2019 - 31 May 2019
0.37%
31 Mar 2019 - 30 Apr 2019
0.37%
28 Feb 2019 - 31 Mar 2019
0.37%
31 Jan 2019 - 28 Feb 2019
0.37%
Expense ratio, exit load and taxExpense ratio: 0.31%Inclusive of GST
Exit loadExit load of 0.25% if redeemed within 1 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000
Fund managementSanjay Pawar
Jan 2022 - Present
View details
Education
Mr. Pawar is a B.Com, MBA
Experience
Prior to joining LIC Mutual Fund, he has worked with Taurus Mutual Fund, Edelweiss Securities Ltd., CRISIL Limited, ICAP.
Also manages these schemes
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LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Aggressive Hybrid Fund Direct IDCW
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LIC MF Conservative Hybrid Fund Direct IDCW Quarterly
LIC MF Conservative Hybrid Fund Direct IDCW Yearly
LIC MF Conservative Hybrid Fund Direct Growth
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LIC MF Medium to Long Duration Bond Fund Direct IDCW
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LIC MF Gilt Fund Direct Growth
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LIC MF Children's Gift Fund Direct Growth
LIC MF Banking & PSU Debt Fund Direct IDCW Weekly
LIC MF Banking & PSU Debt Fund Direct IDCW Daily
LIC MF Banking & PSU Debt Fund Direct Growth
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LIC MF Arbitrage Fund Direct IDCW Weekly
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LIC MF Short Duration Fund Regular IDCW
LIC MF Short Duration Fund Regular Growth
LIC MF Short Duration Fund Direct IDCW
LIC MF Short Duration Fund Direct Growth
Jaiprakash Toshniwal
Sep 2021 - 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
LIC MF Flexi Cap Fund IDCW
LIC MF Flexi Cap Fund Growth
LIC MF Large Cap Fund IDCW
LIC MF S&P BSE Sensex Fund IDCW
LIC MF S&P BSE Sensex Fund Growth
LIC MF Nifty 50 Index Fund IDCW
LIC MF Nifty 50 Index Fund Growth
LIC MF Large Cap Fund Growth
LIC MF Flexi Cap Fund Direct IDCW
LIC MF Flexi Cap Fund Direct Growth
LIC MF Large Cap Fund Direct Growth
LIC MF Large Cap Fund Direct IDCW
LIC MF Nifty 50 Index Fund Direct Growth
LIC MF S&P BSE Sensex Fund Direct Growth
LIC MF Nifty 50 Index Fund Direct IDCW
LIC MF S&P BSE Sensex Fund Direct IDCW
LIC MF Banking & Financial Services Fund Direct IDCW
LIC MF Banking & Financial Services Fund Regular IDCW
LIC MF Banking & Financial Services Fund Regular Growth
LIC MF Banking & Financial Services Fund Direct Growth
LIC MF Nifty 50 ETF IDCW
LIC MF S&P BSE Sensex ETF Growth
LIC MF Nifty 100 ETF Growth
LIC MF Arbitrage Fund Regular Growth
LIC MF Arbitrage Fund Direct IDCW Weekly
LIC MF Arbitrage Fund Regular IDCW Monthly
LIC MF Arbitrage Fund Regular IDCW Weekly
LIC MF Arbitrage Fund Direct IDCW Monthly
LIC MF Arbitrage Fund Direct Growth
LIC MF Balanced Advantage Fund Regular IDCW
LIC MF Balanced Advantage Fund Regular Growth
LIC MF Balanced Advantage Fund Direct IDCW
LIC MF Balanced Advantage Fund Direct Growth
LIC MF Nifty Next 50 Index Fund Growth
LIC MF Nifty Next 50 Index Fund IDCW
LIC MF Nifty Next 50 Index Fund Direct Growth
LIC MF Nifty Next 50 Index Fund Direct IDCW
LIC MF Equity Savings Fund IDCW Monthly
LIC MF Equity Savings Fund Growth
LIC MF Equity Savings Fund IDCW Quarterly
LIC MF Equity Savings Fund Direct Growth
LIC MF Equity Savings Fund Direct IDCW Monthly
LIC MF Focused 30 Equity Fund Regular IDCW
LIC MF Focused 30 Equity Fund Direct IDCW
LIC MF Focused 30 Equity Fund Regular Growth
LIC MF Focused 30 Equity Fund Direct Growth
LIC MF Long Term Value Fund Regular Growth
LIC MF Long Term Value Fund Regular IDCW
LIC MF Long Term Value Fund Direct Growth
Fund house & investment objective
LIC Mutual Fund
Rank (total assets)#20 in India
Total AUM₹17,913.46Cr
Date of Incorporation20 Apr 1994
 LIC MF Arbitrage Fund Direct IDCW Monthly is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Ritu Modi is the Current Fund Manager of LIC MF Arbitrage Fund Direct IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹17,913 Cr and the Latest NAV as of 22 Sep 2023 is ₹11.54.
The LIC MF Arbitrage Fund Direct IDCW Monthly is rated Low risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25% if redeemed within 1 months.
;
Investment ObjectiveThe scheme seeks to generate income by taking advantage of arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment of the equity market along with investments in debt securities & money market instruments.
;
Fund benchmarkNIFTY 50 Arbitrage Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
E-mail
[email protected]
Website
www.licmf.com
LIC Mutual Fund
Asset Management Company
Custodian
NA
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.com
Compare funds
LIC MF Arbitrage Fund Direct IDCW Monthly
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Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	7.3%	5.1%	5.3%
Category average	NA	6.6%	4.4%	NA
Rank with in category	NA	18	17	NA

Name	Sector	Instrument	Assets
LIC MF Liquid Fund - Direct Plan	NA	Mutual Fund	23.6%
Coal India Ltd.	Energy	Equity	6.4%
HDFC Bank Ltd.	Financial	Equity	5.7%
Apollo Hospitals Enterprise Ltd.	Healthcare	Equity	5.2%
Reliance Industries Ltd.	Energy	Equity	4.6%
Pidilite Industries Ltd.	Chemicals	Equity	4.5%
Tata Power Company Ltd.	Energy	Equity	4.2%
Indus Towers Ltd.	Communication	Equity	3.3%
GAIL (India) Ltd.	Energy	Equity	3.2%
Hindustan Petroleum Corporation Ltd.	Energy	Equity	3.1%

Rank (total assets)	#20 in India
Total AUM	₹17,913.46Cr

Date of Incorporation	20 Apr 1994

Fund benchmark	NIFTY 50 Arbitrage Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹500

Rating	2
Fund size	₹19.64Cr

LIC MF Arbitrage Fund Direct IDCW Monthly

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (31)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.31%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Sanjay PawarJan 2022 - PresentView details

Jaiprakash ToshniwalSep 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Sanjay Pawar
Jan 2022 - Present
View details

Jaiprakash Toshniwal
Sep 2021 - Present
View details