LIC MF Arbitrage Fund Direct Growth

Hybrid
Arbitrage
Low Risk
5.91%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 12 Apr 2024₹13.24
Min. SIP amount₹1,000
Rating2
Fund size₹143.11Cr

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
1Y3Y5YAll
Fund returns7.9%5.9%5.5%5.5%
Category average7.5%5.3%5.1%NA
Rank with in category211718NA
Understand terms

Holdings (97)

NameSectorInstrumentAssets
LIC MF Liquid Fund - Direct Plan
NAMutual Fund14.96%
FinancialEquity6.29%
CommunicationEquity4.15%
TechnologyEquity3.70%
ConstructionEquity3.55%
Bajaj Finance Ltd.
FinancialCP3.48%
Kotak Mahindra Bank Ltd.
FinancialCD3.48%
ServicesEquity2.96%
FinancialEquity2.91%
FinancialEquity2.91%
See All

Pros and cons

Category: Hybrid Arbitrage

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
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
Higher alpha: 2.06 The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y

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

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
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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