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| NAV: 25 Apr 2025 | ₹14.30 |
| Min. SIP amount | ₹200 |
| Rating | 2 |
| Fund size | ₹329.15Cr |
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 Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.8% | 7.1% | 5.8% | 5.9% |
| Category average | 7.2% | 6.5% | 5.3% | NA |
| Rank with in category | 21 | 18 | 18 | NA |
Understand terms
Peer Comparison
| Hybrid, Arbitrage funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | 5 | 8.2% | 7.7% | 19,675.15 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.3% | 7.6% | 60,373.17 |
Tata Arbitrage Fund Direct Growth | 5 | 8.3% | 7.5% | 12,789.92 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.2% | 7.4% | 14,236.09 |
Nippon India Arbitrage Fund Direct Growth | 4 | 8.0% | 7.4% | 13,733.37 |
Holdings (129)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
LIC MF Liquid Fund - Direct Plan | NA | Mutual Fund | 13.62% |
Reliance Industries Ltd. | Energy | Equity | 8.70% |
ICICI Bank Ltd. | Financial | Equity | 8.29% |
Tata Motors Ltd. | Automobile | Equity | 5.51% |
LIC MF Low Duration Fund Direct-Growth | NA | Mutual Fund | 4.40% |
Infosys Ltd. | Technology | Equity | 3.32% |
Tata Power Company Ltd. | Energy | Equity | 3.31% |
LIC MF Money Market Fund Direct - Growth | NA | Mutual Fund | 3.05% |
Canara Bank | Financial | Equity | 2.90% |
Punjab National Bank | Financial | CD | 2.89% |
GMR Airports Ltd. | Construction | Equity | 2.45% |
HDFC Bank Ltd. | Financial | Equity | 2.17% |
Bank Of Baroda | Financial | Equity | 1.81% |
Bharat Electronics Ltd. | Capital Goods | Equity | 1.72% |
Shriram Finance Ltd | Financial | Debenture | 1.65% |
State Bank of India | Financial | Equity | 1.63% |
Tata Steel Ltd. | Metals & Mining | Equity | 1.62% |
DLF Ltd. | Construction | Equity | 1.60% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.60% |
Shriram Finance Ltd | Financial | Bonds | 1.52% |
360 ONE Wealth Ltd. | Financial | CP | 1.51% |
Piramal Capital & Housing Finance Ltd. | Financial | CP | 1.50% |
HDFC Asset Management Company Ltd. | Financial | Equity | 1.23% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.19% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 1.05% |
Hindustan Copper Ltd. | Metals & Mining | Equity | 1.00% |
Bandhan Bank Ltd. | Financial | Equity | 0.97% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 0.90% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 0.88% |
Titan Company Ltd. | Consumer Discretionary | Equity | 0.78% |
Steel Authority Of India Ltd. | Metals & Mining | Equity | 0.77% |
Punjab National Bank | Financial | Equity | 0.75% |
United Spirits Ltd. | Consumer Staples | Equity | 0.75% |
Maruti Suzuki India Ltd. | Automobile | Equity | 0.72% |
Bajaj Auto Ltd. | Automobile | Equity | 0.63% |
JIO Financial Services Ltd. | Financial | Equity | 0.63% |
Petronet LNG Ltd. | Energy | Equity | 0.60% |
NMDC Ltd. | Metals & Mining | Equity | 0.57% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.55% |
Info Edge (India) Ltd. | Services | Equity | 0.54% |
Cipla Ltd. | Healthcare | Equity | 0.48% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 0.45% |
ABB India Ltd. | Capital Goods | Equity | 0.44% |
Indus Towers Ltd. | Communication | Equity | 0.43% |
Aditya Birla Fashion and Retail Ltd. | Services | Equity | 0.36% |
LIC Housing Finance Ltd. | Financial | Equity | 0.36% |
Exide Industries Ltd. | Capital Goods | Equity | 0.35% |
Aditya Birla Capital Ltd. | Financial | Equity | 0.35% |
Dabur India Ltd. | Consumer Staples | Equity | 0.29% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Equity | 0.27% |
GAIL (India) Ltd. | Energy | Equity | 0.25% |
Trent Ltd. | Services | Equity | 0.23% |
ICICI Prudential Life Insurance Company Ltd. | Insurance | Equity | 0.22% |
Biocon Ltd. | Healthcare | Equity | 0.18% |
Grasim Industries Ltd. | Construction | Equity | 0.18% |
Aarti Industries Ltd. | Chemicals | Equity | 0.18% |
ACC Ltd. | Construction | Equity | 0.18% |
Godrej Properties Ltd. | Construction | Equity | 0.15% |
Ultratech Cement Ltd. | Construction | Equity | 0.12% |
ITC Ltd. | Consumer Staples | Equity | 0.10% |
Indusind Bank Ltd. | Financial | Equity | 0.10% |
Power Finance Corporation Ltd. | Financial | Equity | 0.08% |
Lupin Ltd. | Healthcare | Equity | 0.08% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.08% |
JSW Steel Ltd. | Metals & Mining | Equity | 0.07% |
JSW Energy Ltd. | Capital Goods | Equity | 0.05% |
Bosch Ltd. | Automobile | Equity | 0.02% |
Shriram Finance Ltd | Financial | Equity | 0.01% |
ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 0.01% |
ICICI Lombard General Insurance Company Ltd. | Insurance | Futures | -0.01% |
Shriram Finance Ltd | Financial | Futures | -0.02% |
Bosch Ltd. | Automobile | Futures | -0.02% |
JSW Energy Ltd. | Capital Goods | Futures | -0.05% |
JSW Steel Ltd. | Metals & Mining | Futures | -0.07% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Futures | -0.08% |
Lupin Ltd. | Healthcare | Futures | -0.08% |
Power Finance Corporation Ltd. | Financial | Futures | -0.08% |
Indusind Bank Ltd. | Financial | Futures | -0.10% |
ITC Ltd. | Consumer Staples | Futures | -0.10% |
Ultratech Cement Ltd. | Construction | Futures | -0.12% |
Godrej Properties Ltd. | Construction | Futures | -0.15% |
ACC Ltd. | Construction | Futures | -0.18% |
Aarti Industries Ltd. | Chemicals | Futures | -0.18% |
Grasim Industries Ltd. | Construction | Futures | -0.18% |
Biocon Ltd. | Healthcare | Futures | -0.18% |
ICICI Prudential Life Insurance Company Ltd. | Insurance | Futures | -0.22% |
Trent Ltd. | Services | Futures | -0.23% |
GAIL (India) Ltd. | Energy | Futures | -0.25% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Futures | -0.27% |
Dabur India Ltd. | Consumer Staples | Futures | -0.29% |
Aditya Birla Capital Ltd. | Financial | Futures | -0.35% |
Exide Industries Ltd. | Capital Goods | Futures | -0.36% |
LIC Housing Finance Ltd. | Financial | Futures | -0.36% |
Aditya Birla Fashion and Retail Ltd. | Services | Futures | -0.36% |
Indus Towers Ltd. | Communication | Futures | -0.43% |
ABB India Ltd. | Capital Goods | Futures | -0.44% |
Hindustan Unilever Ltd. | Consumer Staples | Futures | -0.46% |
Cipla Ltd. | Healthcare | Futures | -0.49% |
Info Edge (India) Ltd. | Services | Futures | -0.54% |
Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -0.55% |
NMDC Ltd. | Metals & Mining | Futures | -0.57% |
Petronet LNG Ltd. | Energy | Futures | -0.61% |
JIO Financial Services Ltd. | Financial | Futures | -0.63% |
Bajaj Auto Ltd. | Automobile | Futures | -0.63% |
Maruti Suzuki India Ltd. | Automobile | Futures | -0.72% |
United Spirits Ltd. | Consumer Staples | Futures | -0.75% |
Punjab National Bank | Financial | Futures | -0.75% |
Steel Authority Of India Ltd. | Metals & Mining | Futures | -0.78% |
Titan Company Ltd. | Consumer Discretionary | Futures | -0.79% |
Mahindra & Mahindra Ltd. | Automobile | Futures | -0.88% |
Samvardhana Motherson International Ltd. | Automobile | Futures | -0.91% |
Bandhan Bank Ltd. | Financial | Futures | -0.98% |
Hindustan Copper Ltd. | Metals & Mining | Futures | -1.00% |
Multi Commodity Exchange Of India Ltd. | Services | Futures | -1.05% |
Tata Consultancy Services Ltd. | Technology | Futures | -1.19% |
HDFC Asset Management Company Ltd. | Financial | Futures | -1.23% |
DLF Ltd. | Construction | Futures | -1.61% |
Tata Steel Ltd. | Metals & Mining | Futures | -1.63% |
State Bank of India | Financial | Futures | -1.64% |
Bharat Electronics Ltd. | Capital Goods | Futures | -1.74% |
Bank Of Baroda | Financial | Futures | -1.82% |
HDFC Bank Ltd. | Financial | Futures | -2.18% |
GMR Airports Ltd. | Construction | Futures | -2.46% |
Canara Bank | Financial | Futures | -2.92% |
Tata Power Company Ltd. | Energy | Futures | -3.32% |
Infosys Ltd. | Technology | Futures | -3.34% |
Tata Motors Ltd. | Automobile | Futures | -5.54% |
ICICI Bank Ltd. | Financial | Futures | -8.33% |
Reliance Industries Ltd. | Energy | Futures | -8.74% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 0.34%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Higher alpha: 1.77
The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y
Cons
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 0.34%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 1 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 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 | ₹200 |
Fund management
Sumit BhatnagarOct 2023 - PresentView details
Sumit Bhatnagar
Oct 2023 - Present
View details
Education
Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
Experience
Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.
Also manages these schemes
Pratik Harish ShroffSep 2023 - PresentView details
Pratik Harish Shroff
Sep 2023 - Present
View details
Education
Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience
Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities
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
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
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