1M
6M
1Y
3Y
5Y
All
| NAV: 13 Dec 2024 | ₹13.89 |
| 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 | 7.9% | 6.7% | 5.6% | 5.7% |
| Category average | 7.5% | 6.1% | 5.1% | NA |
| Rank with in category | 24 | 17 | 18 | NA |
Understand terms
Peer Comparison
| Hybrid, Arbitrage funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | 5 | 8.5% | 7.4% | 17,656.72 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.7% | 7.2% | 53,682.68 |
Tata Arbitrage Fund Direct Growth | 5 | 8.5% | 7.0% | 11,671.92 |
Nippon India Arbitrage Fund Direct Growth | 4 | 8.4% | 7.0% | 15,257.72 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.5% | 6.9% | 12,502.74 |
Holdings (133)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
LIC MF Liquid Fund - Direct Plan | NA | Mutual Fund | 16.92% |
Reliance Industries Ltd. | Energy | Equity | 6.31% |
LIC MF Low Duration Fund Direct-Growth | NA | Mutual Fund | 5.72% |
Punjab National Bank | Financial | Equity | 3.46% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 3.19% |
Bharat Electronics Ltd. | Capital Goods | Equity | 2.96% |
Bharti Airtel Ltd. | Communication | Equity | 2.83% |
Axis Bank Ltd. | Financial | Equity | 2.39% |
DLF Ltd. | Construction | Equity | 2.37% |
GMR Airports Infrastructure Ltd. | Construction | Equity | 2.34% |
HDFC Asset Management Company Ltd. | Financial | Equity | 2.23% |
Shriram Finance Ltd | Financial | Bonds | 2.23% |
Shriram Finance Ltd | Financial | Debenture | 2.21% |
Bajaj Finance Ltd. | Financial | Equity | 2.11% |
Maruti Suzuki India Ltd. | Automobile | Equity | 2.07% |
State Bank of India | Financial | Equity | 2.04% |
Canara Bank | Financial | Equity | 2.03% |
Tata Motors Ltd. | Automobile | Equity | 1.98% |
Tata Power Company Ltd. | Energy | Equity | 1.88% |
Indian Energy Exchange Ltd. | Services | Equity | 1.84% |
Hindustan Copper Ltd. | Metals & Mining | Equity | 1.72% |
Havells India Ltd. | Capital Goods | Equity | 1.70% |
NMDC Ltd. | Metals & Mining | Equity | 1.66% |
Bank Of Baroda | Financial | Equity | 1.61% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 1.51% |
Tech Mahindra Ltd. | Technology | Equity | 1.38% |
Tata Steel Ltd. | Metals & Mining | Equity | 1.24% |
RBL Bank Ltd. | Financial | Equity | 1.06% |
Biocon Ltd. | Healthcare | Equity | 1.04% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 1.02% |
Cipla Ltd. | Healthcare | Equity | 0.71% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 0.66% |
Exide Industries Ltd. | Capital Goods | Equity | 0.65% |
National Aluminium Company Ltd. | Metals & Mining | Equity | 0.65% |
Infosys Ltd. | Technology | Equity | 0.59% |
Larsen & Toubro Ltd. | Construction | Equity | 0.59% |
Aditya Birla Capital Ltd. | Financial | Equity | 0.57% |
Muthoot Finance Ltd. | Financial | Equity | 0.53% |
REC Ltd. | Financial | Equity | 0.49% |
Tata Consultancy Services Ltd. | Technology | Equity | 0.47% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Equity | 0.45% |
Steel Authority Of India Ltd. | Metals & Mining | Equity | 0.41% |
Polycab India Ltd. | Capital Goods | Equity | 0.38% |
Indusind Bank Ltd. | Financial | Equity | 0.38% |
Dixon Technologies (India) Ltd. | Capital Goods | Equity | 0.33% |
TVS Motor Company Ltd. | Automobile | Equity | 0.32% |
Birlasoft Ltd. | Technology | Equity | 0.30% |
Granules India Ltd. | Healthcare | Equity | 0.30% |
ICICI Bank Ltd. | Financial | Equity | 0.27% |
Trent Ltd. | Services | Equity | 0.23% |
Bharat Forge Ltd. | Automobile | Equity | 0.22% |
Power Finance Corporation Ltd. | Financial | Equity | 0.22% |
Bandhan Bank Ltd. | Financial | Equity | 0.20% |
Bharat Petroleum Corporation Ltd. | Energy | Equity | 0.20% |
UPL Ltd. | Chemicals | Equity | 0.19% |
Info Edge (India) Ltd. | Services | Equity | 0.16% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 0.15% |
The Indian Hotels Company Ltd. | Services | Equity | 0.13% |
Bajaj Finserv Ltd. | Financial | Equity | 0.10% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 0.10% |
ACC Ltd. | Construction | Equity | 0.08% |
Britannia Industries Ltd. | Consumer Staples | Equity | 0.08% |
The Ramco Cements Ltd. | Construction | Equity | 0.07% |
Titan Company Ltd. | Consumer Discretionary | Equity | 0.07% |
Siemens Ltd. | Capital Goods | Equity | 0.05% |
Container Corporation Of India Ltd. | Services | Equity | 0.03% |
ITC Ltd. | Consumer Staples | Equity | 0.03% |
Dabur India Ltd. | Consumer Staples | Equity | 0.03% |
UPL Ltd. - Right Entitlement | Chemicals | Rights | 0.01% |
Dabur India Ltd. | Consumer Staples | Futures | -0.03% |
ITC Ltd. | Consumer Staples | Futures | -0.03% |
Container Corporation Of India Ltd. | Services | Futures | -0.04% |
Siemens Ltd. | Capital Goods | Futures | -0.05% |
Titan Company Ltd. | Consumer Discretionary | Futures | -0.07% |
The Ramco Cements Ltd. | Construction | Futures | -0.07% |
Britannia Industries Ltd. | Consumer Staples | Futures | -0.08% |
ACC Ltd. | Construction | Futures | -0.08% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Futures | -0.10% |
Bajaj Finserv Ltd. | Financial | Futures | -0.10% |
The Indian Hotels Company Ltd. | Services | Futures | -0.13% |
Oil And Natural Gas Corporation Ltd. | Energy | Futures | -0.15% |
Info Edge (India) Ltd. | Services | Futures | -0.16% |
UPL Ltd. | Chemicals | Futures | -0.19% |
Bharat Petroleum Corporation Ltd. | Energy | Futures | -0.20% |
Bandhan Bank Ltd. | Financial | Futures | -0.20% |
Power Finance Corporation Ltd. | Financial | Futures | -0.22% |
Bharat Forge Ltd. | Automobile | Futures | -0.23% |
Trent Ltd. | Services | Futures | -0.23% |
ICICI Bank Ltd. | Financial | Futures | -0.27% |
Granules India Ltd. | Healthcare | Futures | -0.30% |
Birlasoft Ltd. | Technology | Futures | -0.30% |
TVS Motor Company Ltd. | Automobile | Futures | -0.33% |
Dixon Technologies (India) Ltd. | Capital Goods | Futures | -0.33% |
Indusind Bank Ltd. | Financial | Futures | -0.38% |
Polycab India Ltd. | Capital Goods | Futures | -0.39% |
Steel Authority Of India Ltd. | Metals & Mining | Futures | -0.42% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Futures | -0.45% |
Tata Consultancy Services Ltd. | Technology | Futures | -0.47% |
REC Ltd. | Financial | Futures | -0.50% |
Muthoot Finance Ltd. | Financial | Futures | -0.54% |
Aditya Birla Capital Ltd. | Financial | Futures | -0.58% |
Larsen & Toubro Ltd. | Construction | Futures | -0.59% |
Infosys Ltd. | Technology | Futures | -0.60% |
National Aluminium Company Ltd. | Metals & Mining | Futures | -0.65% |
Exide Industries Ltd. | Capital Goods | Futures | -0.65% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -0.66% |
Cipla Ltd. | Healthcare | Futures | -0.72% |
Samvardhana Motherson International Ltd. | Automobile | Futures | -1.02% |
Biocon Ltd. | Healthcare | Futures | -1.04% |
RBL Bank Ltd. | Financial | Futures | -1.07% |
Tata Steel Ltd. | Metals & Mining | Futures | -1.25% |
Tech Mahindra Ltd. | Technology | Futures | -1.39% |
Mahindra & Mahindra Ltd. | Automobile | Futures | -1.52% |
Bank Of Baroda | Financial | Futures | -1.62% |
NMDC Ltd. | Metals & Mining | Futures | -1.67% |
Havells India Ltd. | Capital Goods | Futures | -1.71% |
Hindustan Copper Ltd. | Metals & Mining | Futures | -1.73% |
Indian Energy Exchange Ltd. | Services | Futures | -1.85% |
Tata Power Company Ltd. | Energy | Futures | -1.90% |
Tata Motors Ltd. | Automobile | Futures | -2.00% |
Canara Bank | Financial | Futures | -2.04% |
State Bank of India | Financial | Futures | -2.05% |
Maruti Suzuki India Ltd. | Automobile | Futures | -2.10% |
Bajaj Finance Ltd. | Financial | Futures | -2.13% |
HDFC Asset Management Company Ltd. | Financial | Futures | -2.25% |
GMR Airports Infrastructure Ltd. | Construction | Futures | -2.35% |
DLF Ltd. | Construction | Futures | -2.38% |
Axis Bank Ltd. | Financial | Futures | -2.41% |
Bharti Airtel Ltd. | Communication | Futures | -2.85% |
Bharat Electronics Ltd. | Capital Goods | Futures | -2.98% |
Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -3.21% |
Punjab National Bank | Financial | Futures | -3.49% |
Reliance Industries Ltd. | Energy | Futures | -6.35% |
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: 1.86
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
www.karvymfs.comCompare funds
LIC MF Arbitrage Fund Direct Growth
VS
Add mutual fund to compare
MOST POPULAR ON GROWWVERSION - 5.5.9
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: QUANT SMALL CAP FUND | ICICI PRUDENTIAL COMMODITIES FUND | NIPPON INDIA SMALL CAP FUND | PARAG PARIKH FLEXI CAP FUND | GROWW NIFTY TOTAL MARKET INDEX FUND | SBI SMALL MIDCAP FUND | TATA DIGITAL INDIA FUND | AXIS SMALL CAP FUND | ICICI PRUDENTIAL TECHNOLOGY FUND | HDFC INDEX FUND SENSEX PLAN | HDFC SMALL CAP FUND | AXIS EQUITY FUND | CANARA ROBECO SMALL CAP FUND | TATA SMALL CAP FUND | UTI NIFTY FUND
MUTUAL FUNDS COMPANIES: GROWWMF | SBI | AXIS | HDFC | UTI | NIPPON INDIA | ICICI PRUDENTIAL | TATA | KOTAK | DSP | CANARA ROBECO | SUNDARAM | MIRAE ASSET | IDFC | FRANKLIN TEMPLETON | PPFAS | MOTILAL OSWAL | INVESCO | EDELWEISS | ADITYA BIRLA SUN LIFE | LIC | HSBC | NAVI | QUANTUM | UNION | ITI | MAHINDRA MANULIFE | 360 ONE | BOI | TAURUS | JM FINANCIAL | PGIM | SHRIRAM | BARODA BNP PARIBAS | QUANT | WHITEOAK CAPITAL | TRUST | SAMCO | NJ