LIC MF Arbitrage Fund Direct Growth+0.05%

4.84%
1 Year Return
Hybrid
Arbitrage
6M
1Y
All

Fund Details

LIC MF Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.47%
NAV10.94 (30 Sep 2020)
Fund Started24 Jan 2019
Fund Size40 Cr

Returns

1Y
3Y*
5Y*
Since inception*
LIC MF Arbitrage Fund Direct Growth
4.8%
NA
NA
5.5%
Category Average
4.3%
5.4%
5.8%
-
Rank within category
15
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 4.8% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.36%
    2. 1Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
    2. Age is less than 3 years
    3. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialFixed Deposits26.2%
    Hindustan Unilever Ltd.FMCGEquity8.7%
    Hindustan Petroleum Corpn. Ltd.EnergyEquity8.3%
    Reliance Industries Ltd.EnergyEquity7.6%
    Cipla Ltd.HealthcareEquity4.4%
    Power Finance Corpn. Ltd.FinancialEquity4.2%
    Aurobindo Pharma Ltd.HealthcareEquity4.2%
    SBI Life Insurance Company Ltd.FinancialEquity3.9%
    Tata Consumer Products Ltd.FMCGEquity3.6%
    Ultratech Cement Ltd.ConstructionEquity3.5%
    See All

    Fund Managers

    addMarzban Irani
    Education
    Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai.
    Experience
    Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.
    Funds Managed

    LIC MF Arbitrage Fund Direct Growth Details

    LIC MF Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 24 Jan 2019. Marzban Irani is the Current Fund Manager of LIC MF Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹40 Cr and the Latest NAV as of 30 Sep 2020 is ₹10.94.

    The LIC MF Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.50% if redeemed within 15 days, 0.25% if redeemed after 15 days but within 1 month.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹500
    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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