1M
6M
1Y
3Y
5Y
All
| NAV: 31 Mar 2025 | ₹14.20 |
| Min. SIP amount | ₹200 |
| Rating | 2 |
| Fund size | ₹349.48Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
1 year
3 years
5 years
Total investment of ₹15,895
Would have become ₹16,425 (+2.00%)
Holdings (150)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
LIC MF Liquid Fund - Direct Plan | NA | Mutual Fund | 15.31% |
Reliance Industries Ltd. | Energy | Equity | 7.71% |
ICICI Bank Ltd. | Financial | Equity | 6.70% |
LIC MF Low Duration Fund Direct-Growth | NA | Mutual Fund | 5.54% |
Tata Motors Ltd. | Automobile | Equity | 4.61% |
Tata Power Company Ltd. | Energy | Equity | 3.93% |
Axis Bank Ltd. | Financial | Equity | 3.67% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 2.77% |
Punjab National Bank | Financial | CD | 2.70% |
Canara Bank | Financial | Equity | 2.48% |
GMR Airports Ltd. | Construction | Equity | 2.11% |
Infosys Ltd. | Technology | Equity | 1.97% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 1.88% |
HDFC Bank Ltd. | Financial | Equity | 1.80% |
Shriram Finance Ltd | Financial | Bonds | 1.55% |
Shriram Finance Ltd | Financial | Debenture | 1.54% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.49% |
Bank Of Baroda | Financial | Equity | 1.47% |
360 ONE Wealth Ltd. | Financial | CP | 1.42% |
DLF Ltd. | Construction | Equity | 1.41% |
Piramal Capital & Housing Finance Ltd. | Financial | CP | 1.40% |
State Bank of India | Financial | Equity | 1.37% |
Tata Steel Ltd. | Metals & Mining | Equity | 1.36% |
Bharat Electronics Ltd. | Capital Goods | Equity | 1.31% |
JIO Financial Services Ltd. | Financial | Equity | 1.07% |
HDFC Asset Management Company Ltd. | Financial | Equity | 1.04% |
Tata Consultancy Services Ltd. | Technology | Equity | 0.99% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 0.93% |
Bandhan Bank Ltd. | Financial | Equity | 0.88% |
Hindustan Copper Ltd. | Metals & Mining | Equity | 0.86% |
HDFC Life Insurance Co Ltd. | Insurance | Equity | 0.80% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 0.77% |
Bharti Airtel Ltd. | Communication | Equity | 0.75% |
TVS Motor Company Ltd. | Automobile | Equity | 0.74% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 0.71% |
Punjab National Bank | Financial | Equity | 0.64% |
United Spirits Ltd. | Consumer Staples | Equity | 0.62% |
Info Edge (India) Ltd. | Services | Equity | 0.50% |
Petronet LNG Ltd. | Energy | Equity | 0.49% |
NMDC Ltd. | Metals & Mining | Equity | 0.48% |
Cipla Ltd. | Healthcare | Equity | 0.45% |
Godrej Consumer Products Ltd. | Consumer Staples | Equity | 0.43% |
Maruti Suzuki India Ltd. | Automobile | Equity | 0.41% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 0.41% |
Indus Towers Ltd. | Communication | Equity | 0.39% |
The Indian Hotels Company Ltd. | Services | Equity | 0.37% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 0.36% |
Aditya Birla Fashion and Retail Ltd. | Services | Equity | 0.32% |
Exide Industries Ltd. | Capital Goods | Equity | 0.32% |
Biocon Ltd. | Healthcare | Equity | 0.28% |
Aditya Birla Capital Ltd. | Financial | Equity | 0.28% |
Titan Company Ltd. | Consumer Discretionary | Equity | 0.28% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Equity | 0.24% |
Dabur India Ltd. | Consumer Staples | Equity | 0.23% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 0.21% |
ICICI Prudential Life Insurance Company Ltd. | Insurance | Equity | 0.20% |
GAIL (India) Ltd. | Energy | Equity | 0.20% |
Trent Ltd. | Services | Equity | 0.19% |
ABB India Ltd. | Capital Goods | Equity | 0.18% |
Aarti Industries Ltd. | Chemicals | Equity | 0.16% |
LIC Housing Finance Ltd. | Financial | Equity | 0.16% |
ACC Ltd. | Construction | Equity | 0.16% |
Grasim Industries Ltd. | Construction | Equity | 0.15% |
HCL Technologies Ltd. | Technology | Equity | 0.14% |
Godrej Properties Ltd. | Construction | Equity | 0.12% |
ITC Ltd. | Consumer Staples | Equity | 0.09% |
REC Ltd. | Financial | Equity | 0.08% |
Steel Authority Of India Ltd. | Metals & Mining | Equity | 0.07% |
Power Finance Corporation Ltd. | Financial | Equity | 0.07% |
JSW Steel Ltd. | Metals & Mining | Equity | 0.06% |
The Ramco Cements Ltd. | Construction | Equity | 0.04% |
JSW Energy Ltd. | Capital Goods | Equity | 0.04% |
Varun Beverages Ltd. | Consumer Staples | Equity | 0.03% |
Siemens Ltd. | Capital Goods | Equity | 0.02% |
Bosch Ltd. | Automobile | Equity | 0.02% |
Bajaj Auto Ltd. | Automobile | Equity | 0.02% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.02% |
Zomato Ltd. | Services | Equity | 0.01% |
ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 0.01% |
ICICI Lombard General Insurance Company Ltd. | Insurance | Futures | -0.01% |
Zomato Ltd. | Services | Futures | -0.01% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Futures | -0.02% |
Bajaj Auto Ltd. | Automobile | Futures | -0.02% |
Bosch Ltd. | Automobile | Futures | -0.02% |
Siemens Ltd. | Capital Goods | Futures | -0.02% |
Varun Beverages Ltd. | Consumer Staples | Futures | -0.03% |
JSW Energy Ltd. | Capital Goods | Futures | -0.04% |
The Ramco Cements Ltd. | Construction | Futures | -0.04% |
JSW Steel Ltd. | Metals & Mining | Futures | -0.06% |
Power Finance Corporation Ltd. | Financial | Futures | -0.07% |
Steel Authority Of India Ltd. | Metals & Mining | Futures | -0.07% |
REC Ltd. | Financial | Futures | -0.08% |
ITC Ltd. | Consumer Staples | Futures | -0.09% |
Godrej Properties Ltd. | Construction | Futures | -0.13% |
HCL Technologies Ltd. | Technology | Futures | -0.14% |
Grasim Industries Ltd. | Construction | Futures | -0.15% |
ACC Ltd. | Construction | Futures | -0.16% |
LIC Housing Finance Ltd. | Financial | Futures | -0.16% |
Aarti Industries Ltd. | Chemicals | Futures | -0.16% |
ABB India Ltd. | Capital Goods | Futures | -0.18% |
Trent Ltd. | Services | Futures | -0.19% |
GAIL (India) Ltd. | Energy | Futures | -0.20% |
ICICI Prudential Life Insurance Company Ltd. | Insurance | Futures | -0.20% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -0.21% |
Dabur India Ltd. | Consumer Staples | Futures | -0.23% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Futures | -0.24% |
Titan Company Ltd. | Consumer Discretionary | Futures | -0.28% |
Aditya Birla Capital Ltd. | Financial | Futures | -0.28% |
Biocon Ltd. | Healthcare | Futures | -0.28% |
Exide Industries Ltd. | Capital Goods | Futures | -0.32% |
Aditya Birla Fashion and Retail Ltd. | Services | Futures | -0.33% |
Mahindra & Mahindra Ltd. | Automobile | Futures | -0.37% |
The Indian Hotels Company Ltd. | Services | Futures | -0.37% |
Indus Towers Ltd. | Communication | Futures | -0.40% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -0.41% |
Maruti Suzuki India Ltd. | Automobile | Futures | -0.41% |
Godrej Consumer Products Ltd. | Consumer Staples | Futures | -0.43% |
Cipla Ltd. | Healthcare | Futures | -0.45% |
NMDC Ltd. | Metals & Mining | Futures | -0.49% |
Petronet LNG Ltd. | Energy | Futures | -0.49% |
Info Edge (India) Ltd. | Services | Futures | -0.50% |
United Spirits Ltd. | Consumer Staples | Futures | -0.62% |
Punjab National Bank | Financial | Futures | -0.64% |
Hindustan Unilever Ltd. | Consumer Staples | Futures | -0.72% |
TVS Motor Company Ltd. | Automobile | Futures | -0.74% |
Bharti Airtel Ltd. | Communication | Futures | -0.75% |
Samvardhana Motherson International Ltd. | Automobile | Futures | -0.77% |
HDFC Life Insurance Co Ltd. | Insurance | Futures | -0.81% |
Hindustan Copper Ltd. | Metals & Mining | Futures | -0.86% |
Bandhan Bank Ltd. | Financial | Futures | -0.89% |
Multi Commodity Exchange Of India Ltd. | Services | Futures | -0.93% |
Tata Consultancy Services Ltd. | Technology | Futures | -1.00% |
HDFC Asset Management Company Ltd. | Financial | Futures | -1.05% |
JIO Financial Services Ltd. | Financial | Futures | -1.07% |
Bharat Electronics Ltd. | Capital Goods | Futures | -1.31% |
Tata Steel Ltd. | Metals & Mining | Futures | -1.36% |
State Bank of India | Financial | Futures | -1.38% |
DLF Ltd. | Construction | Futures | -1.41% |
Bank Of Baroda | Financial | Futures | -1.47% |
HDFC Bank Ltd. | Financial | Futures | -1.81% |
Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -1.89% |
Infosys Ltd. | Technology | Futures | -1.98% |
GMR Airports Ltd. | Construction | Futures | -2.12% |
Canara Bank | Financial | Futures | -2.50% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -2.79% |
Axis Bank Ltd. | Financial | Futures | -3.69% |
Tata Power Company Ltd. | Energy | Futures | -3.94% |
Tata Motors Ltd. | Automobile | Futures | -4.64% |
ICICI Bank Ltd. | Financial | Futures | -6.75% |
Reliance Industries Ltd. | Energy | Futures | -7.75% |
See All
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹200 |
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.6% | 7.0% | 5.7% | 5.8% |
| Category average | 7.1% | 6.4% | 5.2% | 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 | 8.1% | 7.7% | 19,341.09 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.1% | 7.5% | 58,922.98 |
Tata Arbitrage Fund Direct Growth | 5 | 8.1% | 7.4% | 12,681.66 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.0% | 7.3% | 14,296.58 |
Nippon India Arbitrage Fund Direct Growth | 4 | 7.9% | 7.3% | 14,435.58 |
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
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
br.mumbai@licmf.comWebsite
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,
Website
www.karvymfs.comPros 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: 1.82
The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y
Cons
Low rating: 2
Compare funds
LIC MF Arbitrage Fund Direct Growth
VS
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Karnataka
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