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LIC MF Arbitrage Fund Direct IDCW Monthly-0.06%

3.22%
1 Year Return
Hybrid
Arbitrage
6M
1Y
All

Fund Details

LIC MF Arbitrage Fund Direct IDCW Monthly

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.43%
NAV₹10.20 (11 Jun 2021)
Fund Started24 Jan 2019
Fund Size30 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.2%
-
-
1.5%
Category Average
3.3%
4.9%
5.5%
-
Rank Within Category
19
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount0
Amount Per Month₹5,000
Would have become
0
with 3.2% returns per annum

Comparison

Data not available
Pros
Found nothing so far.
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
LIC MF Liquid Fund - Direct PlanFinancialMutual Fund27.9%
Aurobindo Pharma Ltd.HealthcareEquity10.0%
Larsen & Toubro Ltd.ConstructionEquity6.4%
Maruti Suzuki India Ltd.AutomobileEquity6.4%
ICICI Bank Ltd.FinancialEquity6.4%
Reliance Industries Ltd.EnergyEquity6.2%
Bharti Airtel Ltd.CommunicationEquity6.1%
Housing Development Finance Corpn. Ltd.FinancialEquity5.6%
Tata Steel Ltd.MetalsEquity3.4%
Bharat Petroleum Corpn. Ltd.EnergyEquity3.2%
See All

Fund Managers

Marzban Irani
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Yogesh Patil
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LIC MF Arbitrage Fund Direct IDCW Monthly Details

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 24 Jan 2019. 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 ₹30 Cr and the Latest NAV as of 11 Jun 2021 is ₹10.20.

The LIC MF Arbitrage Fund Direct IDCW Monthly is rated Low risk. Exit load of 0.50% if redeemed within 15 days, 0.25% if redeemed after 15 days but within 1 month.

Investment Objective

The 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.

Tax Implications

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.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Exit load of 0.50% if redeemed within 15 days, 0.25% if redeemed after 15 days but within 1 month.
Exit Load

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About LIC Mutual Fund

Address
4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
Phone
022-66016000
Launch Date
20 Apr 1994
Website
NA
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,
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