LIC MF Arbitrage Fund Direct Growth

Hybrid
Arbitrage
Low Risk
4.29%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
All
NAV: 01 Jun 2023₹12.40
Min. SIP amount₹1,000
Rating2
Fund size₹20.71Cr

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
6M1Y3YAll
Fund returnsNA6.0%4.3%5.0%
Category averageNA5.2%3.8%NA
Rank with in categoryNA1618NA
Understand terms

Holdings (36)

NameSectorInstrumentAssets
LIC MF Liquid Fund - Direct Plan
FinancialMutual Fund26.2%
Hindustan Unilever Ltd.Consumer StaplesEquity6.4%
National Aluminium Company Ltd.Metals & MiningEquity6.0%
Bandhan Bank Ltd.FinancialEquity4.2%
Indusind Bank Ltd.FinancialEquity4.0%
Birlasoft Ltd.TechnologyEquity4.0%
HDFC Bank Ltd.FinancialEquity3.1%
Indian Energy Exchange Ltd.ServicesEquity3.1%
Piramal Enterprises Ltd.HealthcareEquity2.9%
IDFC Ltd.FinancialEquity2.1%
See All

Pros and cons

Category: Hybrid Arbitrage

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y and 3Y
Low rating: 2
Lower expense ratio: 0.31%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.31%

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 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

Sanjay 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

Fund house & investment objective

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
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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