1M
6M
1Y
3Y
5Y
All
| NAV: 14 Nov 2024 | ₹13.83 |
| Min. SIP amount | ₹200 |
| Rating | 2 |
| Fund size | ₹136.44Cr |
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 | 7.7% | 6.6% | 5.6% | 5.7% |
| Category average | 7.3% | 5.9% | 5.1% | NA |
| Rank with in category | 23 | 17 | 18 | NA |
Understand terms
Peer Comparison
| Hybrid, Arbitrage funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | 5 | 8.4% | 7.3% | 17,656.72 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.4% | 7.1% | 53,682.68 |
Tata Arbitrage Fund Direct Growth | 5 | 8.3% | 6.9% | 11,671.92 |
Nippon India Arbitrage Fund Direct Growth | 4 | 8.2% | 6.9% | 15,257.72 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.3% | 6.8% | 12,502.74 |
Holdings (100)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
LIC MF Liquid Fund - Direct Plan | NA | Mutual Fund | 24.00% |
Bharat Electronics Ltd. | Capital Goods | Equity | 4.76% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 3.98% |
HDFC Asset Management Company Ltd. | Financial | Equity | 3.97% |
Tata Power Company Ltd. | Energy | Equity | 3.82% |
GMR Airports Infrastructure Ltd. | Construction | Equity | 3.80% |
Shriram Finance Ltd | Financial | Debenture | 3.79% |
Hindustan Copper Ltd. | Metals & Mining | Equity | 3.74% |
Indian Energy Exchange Ltd. | Services | Equity | 3.71% |
Canara Bank | Financial | Equity | 3.69% |
DLF Ltd. | Construction | Equity | 3.03% |
NMDC Ltd. | Metals & Mining | Equity | 2.99% |
Havells India Ltd. | Capital Goods | Equity | 2.95% |
Tata Steel Ltd. | Metals & Mining | Equity | 2.51% |
RBL Bank Ltd. | Financial | Equity | 2.43% |
Bank Of Baroda | Financial | Equity | 2.28% |
Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 1.83% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 1.49% |
Aditya Birla Capital Ltd. | Financial | Equity | 1.22% |
Axis Bank Ltd. | Financial | Equity | 1.13% |
Infosys Ltd. | Technology | Equity | 1.04% |
National Aluminium Company Ltd. | Metals & Mining | Equity | 0.98% |
Nestle India Ltd. | Consumer Staples | Equity | 0.95% |
REC Ltd. | Financial | Equity | 0.89% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Equity | 0.89% |
Exide Industries Ltd. | Capital Goods | Equity | 0.86% |
Oracle Financial Services Software Ltd. | Technology | Equity | 0.84% |
Polycab India Ltd. | Capital Goods | Equity | 0.64% |
Indusind Bank Ltd. | Financial | Equity | 0.53% |
Birlasoft Ltd. | Technology | Equity | 0.53% |
Dixon Technologies (India) Ltd. | Capital Goods | Equity | 0.51% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 0.47% |
Bharat Forge Ltd. | Automobile | Equity | 0.44% |
Trent Ltd. | Services | Equity | 0.44% |
Bharat Petroleum Corporation Ltd. | Energy | Equity | 0.44% |
IDFC Ltd. | Financial | Equity | 0.42% |
Power Finance Corporation Ltd. | Financial | Equity | 0.37% |
UPL Ltd. | Chemicals | Equity | 0.35% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 0.29% |
Bandhan Bank Ltd. | Financial | Equity | 0.29% |
State Bank of India | Financial | Equity | 0.26% |
Hindustan Petroleum Corporation Ltd. | Energy | Equity | 0.20% |
Cummins India Ltd. | Capital Goods | Equity | 0.17% |
Bajaj Finance Ltd. | Financial | Equity | 0.14% |
City Union Bank Ltd. | Financial | Equity | 0.12% |
The Ramco Cements Ltd. | Construction | Equity | 0.11% |
Interglobe Aviation Ltd. | Services | Equity | 0.11% |
Britannia Industries Ltd. | Consumer Staples | Equity | 0.09% |
Container Corporation Of India Ltd. | Services | Equity | 0.07% |
Piramal Enterprises Ltd. | Healthcare | Equity | 0.06% |
The Indian Hotels Company Ltd. | Services | Equity | 0.05% |
The Indian Hotels Company Ltd. | Services | Futures | -0.05% |
Piramal Enterprises Ltd. | Healthcare | Futures | -0.06% |
Container Corporation Of India Ltd. | Services | Futures | -0.07% |
Britannia Industries Ltd. | Consumer Staples | Futures | -0.09% |
Interglobe Aviation Ltd. | Services | Futures | -0.11% |
The Ramco Cements Ltd. | Construction | Futures | -0.11% |
City Union Bank Ltd. | Financial | Futures | -0.12% |
Bajaj Finance Ltd. | Financial | Futures | -0.14% |
Cummins India Ltd. | Capital Goods | Futures | -0.17% |
Hindustan Petroleum Corporation Ltd. | Energy | Futures | -0.20% |
State Bank of India | Financial | Futures | -0.26% |
Bandhan Bank Ltd. | Financial | Futures | -0.29% |
Oil And Natural Gas Corporation Ltd. | Energy | Futures | -0.30% |
UPL Ltd. | Chemicals | Futures | -0.35% |
Power Finance Corporation Ltd. | Financial | Futures | -0.37% |
IDFC Ltd. | Financial | Futures | -0.42% |
Bharat Petroleum Corporation Ltd. | Energy | Futures | -0.44% |
Trent Ltd. | Services | Futures | -0.45% |
Bharat Forge Ltd. | Automobile | Futures | -0.45% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -0.47% |
Dixon Technologies (India) Ltd. | Capital Goods | Futures | -0.51% |
Indusind Bank Ltd. | Financial | Futures | -0.53% |
Birlasoft Ltd. | Technology | Futures | -0.53% |
Polycab India Ltd. | Capital Goods | Futures | -0.64% |
Oracle Financial Services Software Ltd. | Technology | Futures | -0.84% |
Exide Industries Ltd. | Capital Goods | Futures | -0.87% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Futures | -0.90% |
REC Ltd. | Financial | Futures | -0.90% |
Nestle India Ltd. | Consumer Staples | Futures | -0.95% |
National Aluminium Company Ltd. | Metals & Mining | Futures | -0.99% |
Infosys Ltd. | Technology | Futures | -1.04% |
Axis Bank Ltd. | Financial | Futures | -1.14% |
Aditya Birla Capital Ltd. | Financial | Futures | -1.23% |
Multi Commodity Exchange Of India Ltd. | Services | Futures | -1.51% |
Balrampur Chini Mills Ltd. | Consumer Staples | Futures | -1.84% |
Bank Of Baroda | Financial | Futures | -2.30% |
RBL Bank Ltd. | Financial | Futures | -2.45% |
Tata Steel Ltd. | Metals & Mining | Futures | -2.53% |
Havells India Ltd. | Capital Goods | Futures | -2.98% |
NMDC Ltd. | Metals & Mining | Futures | -3.01% |
DLF Ltd. | Construction | Futures | -3.05% |
Canara Bank | Financial | Futures | -3.71% |
Indian Energy Exchange Ltd. | Services | Futures | -3.74% |
Hindustan Copper Ltd. | Metals & Mining | Futures | -3.77% |
GMR Airports Infrastructure Ltd. | Construction | Futures | -3.83% |
Tata Power Company Ltd. | Energy | Futures | -3.84% |
HDFC Asset Management Company Ltd. | Financial | Futures | -4.00% |
Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -4.00% |
Bharat Electronics Ltd. | Capital Goods | Futures | -4.79% |
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: 1.89
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
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
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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