1M
6M
1Y
3Y
5Y
All
| NAV: 14 Jan 2025 | ₹13.98 |
| 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 | 7.5% | 6.8% | 5.7% | 5.8% |
| Category average | 7.2% | 6.1% | 5.2% | NA |
| Rank with in category | 21 | 17 | 18 | NA |
Understand terms
Peer Comparison
| Hybrid, Arbitrage funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | 5 | 8.0% | 7.4% | 17,656.72 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.2% | 7.2% | 53,682.68 |
Tata Arbitrage Fund Direct Growth | 5 | 8.1% | 7.1% | 11,671.92 |
Nippon India Arbitrage Fund Direct Growth | 4 | 7.9% | 7.0% | 15,257.72 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.0% | 7.0% | 12,502.74 |
Holdings (149)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
LIC MF Liquid Fund - Direct Plan | NA | Mutual Fund | 16.27% |
Reliance Industries Ltd. | Energy | Equity | 5.80% |
LIC MF Low Duration Fund Direct-Growth | NA | Mutual Fund | 4.41% |
Bajaj Finance Ltd. | Financial | Equity | 3.83% |
Punjab National Bank | Financial | Equity | 3.48% |
ICICI Bank Ltd. | Financial | Equity | 3.36% |
Tata Power Company Ltd. | Energy | Equity | 3.30% |
Indusind Bank Ltd. | Financial | Equity | 3.21% |
Axis Bank Ltd. | Financial | Equity | 3.05% |
Punjab National Bank | Financial | CD | 3.01% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 2.86% |
GMR Airports Ltd. | Construction | Equity | 2.68% |
Canara Bank | Financial | Equity | 2.55% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 2.51% |
State Bank of India | Financial | Equity | 2.23% |
Bharat Electronics Ltd. | Capital Goods | Equity | 2.16% |
Bank Of Baroda | Financial | Equity | 2.09% |
Shriram Finance Ltd | Financial | Bonds | 1.72% |
Shriram Finance Ltd | Financial | Debenture | 1.71% |
Maruti Suzuki India Ltd. | Automobile | Equity | 1.56% |
HDFC Asset Management Company Ltd. | Financial | Equity | 1.50% |
Tata Motors Ltd. | Automobile | Equity | 1.43% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 1.31% |
Tata Steel Ltd. | Metals & Mining | Equity | 1.25% |
Bharti Airtel Ltd. | Communication | Equity | 1.19% |
Hindustan Copper Ltd. | Metals & Mining | Equity | 1.19% |
HDFC Life Insurance Co Ltd. | Insurance | Equity | 0.92% |
Indian Energy Exchange Ltd. | Services | Equity | 0.86% |
Biocon Ltd. | Healthcare | Equity | 0.80% |
NMDC Ltd. | Metals & Mining | Equity | 0.75% |
Interglobe Aviation Ltd. | Services | Equity | 0.71% |
DLF Ltd. | Construction | Equity | 0.70% |
Aditya Birla Fashion and Retail Ltd. | Services | Equity | 0.61% |
Cipla Ltd. | Healthcare | Equity | 0.55% |
Steel Authority Of India Ltd. | Metals & Mining | Equity | 0.54% |
Vedanta Ltd. | Metals & Mining | Equity | 0.46% |
Infosys Ltd. | Technology | Equity | 0.46% |
Exide Industries Ltd. | Capital Goods | Equity | 0.44% |
Aditya Birla Capital Ltd. | Financial | Equity | 0.40% |
JIO Financial Services Ltd. | Financial | Equity | 0.40% |
Birlasoft Ltd. | Technology | Equity | 0.38% |
Larsen & Toubro Ltd. | Construction | Equity | 0.33% |
Indian Bank | Financial | Equity | 0.32% |
HDFC Bank Ltd. | Financial | Equity | 0.31% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Equity | 0.31% |
Polycab India Ltd. | Capital Goods | Equity | 0.29% |
Dixon Technologies (India) Ltd. | Capital Goods | Equity | 0.29% |
Godrej Properties Ltd. | Construction | Equity | 0.26% |
Titan Company Ltd. | Consumer Discretionary | Equity | 0.24% |
ACC Ltd. | Construction | Equity | 0.24% |
Coal India Ltd. | Energy | Equity | 0.22% |
BSE Ltd. | Services | Equity | 0.21% |
TVS Motor Company Ltd. | Automobile | Equity | 0.19% |
REC Ltd. | Financial | Equity | 0.18% |
Glenmark Pharmaceuticals Ltd. | Healthcare | Equity | 0.17% |
Trent Ltd. | Services | Equity | 0.16% |
Bandhan Bank Ltd. | Financial | Equity | 0.16% |
Grasim Industries Ltd. | Construction | Equity | 0.16% |
Power Finance Corporation Ltd. | Financial | Equity | 0.15% |
Bharat Forge Ltd. | Automobile | Equity | 0.15% |
Muthoot Finance Ltd. | Financial | Equity | 0.13% |
JSW Energy Ltd. | Capital Goods | Equity | 0.12% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 0.12% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 0.12% |
Yes Bank Ltd. | Financial | Equity | 0.12% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 0.11% |
Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 0.09% |
City Union Bank Ltd. | Financial | Equity | 0.08% |
Bajaj Finserv Ltd. | Financial | Equity | 0.08% |
Britannia Industries Ltd. | Consumer Staples | Equity | 0.06% |
The Ramco Cements Ltd. | Construction | Equity | 0.05% |
Siemens Ltd. | Capital Goods | Equity | 0.03% |
Container Corporation Of India Ltd. | Services | Equity | 0.03% |
Dabur India Ltd. | Consumer Staples | Equity | 0.02% |
Power Grid Corporation Of India Ltd. | Energy | Equity | 0.02% |
ICICI Prudential Life Insurance Company Ltd. | Insurance | Equity | 0.02% |
NCC Ltd. | Construction | Equity | 0.02% |
NCC Ltd. | Construction | Futures | -0.02% |
ICICI Prudential Life Insurance Company Ltd. | Insurance | Futures | -0.02% |
Power Grid Corporation Of India Ltd. | Energy | Futures | -0.02% |
Dabur India Ltd. | Consumer Staples | Futures | -0.02% |
Container Corporation Of India Ltd. | Services | Futures | -0.03% |
Siemens Ltd. | Capital Goods | Futures | -0.03% |
The Ramco Cements Ltd. | Construction | Futures | -0.05% |
Britannia Industries Ltd. | Consumer Staples | Futures | -0.06% |
Bajaj Finserv Ltd. | Financial | Futures | -0.08% |
City Union Bank Ltd. | Financial | Futures | -0.08% |
Apollo Hospitals Enterprise Ltd. | Healthcare | Futures | -0.09% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -0.11% |
Yes Bank Ltd. | Financial | Futures | -0.12% |
Oil And Natural Gas Corporation Ltd. | Energy | Futures | -0.12% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Futures | -0.12% |
JSW Energy Ltd. | Capital Goods | Futures | -0.12% |
Muthoot Finance Ltd. | Financial | Futures | -0.13% |
Bharat Forge Ltd. | Automobile | Futures | -0.15% |
Power Finance Corporation Ltd. | Financial | Futures | -0.15% |
Grasim Industries Ltd. | Construction | Futures | -0.16% |
Bandhan Bank Ltd. | Financial | Futures | -0.16% |
Trent Ltd. | Services | Futures | -0.16% |
Glenmark Pharmaceuticals Ltd. | Healthcare | Futures | -0.17% |
REC Ltd. | Financial | Futures | -0.18% |
TVS Motor Company Ltd. | Automobile | Futures | -0.19% |
BSE Ltd. | Services | Futures | -0.22% |
Coal India Ltd. | Energy | Futures | -0.22% |
Titan Company Ltd. | Consumer Discretionary | Futures | -0.24% |
ACC Ltd. | Construction | Futures | -0.24% |
Godrej Properties Ltd. | Construction | Futures | -0.26% |
Dixon Technologies (India) Ltd. | Capital Goods | Futures | -0.29% |
Polycab India Ltd. | Capital Goods | Futures | -0.29% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Futures | -0.31% |
HDFC Bank Ltd. | Financial | Futures | -0.32% |
Indian Bank | Financial | Futures | -0.33% |
Larsen & Toubro Ltd. | Construction | Futures | -0.33% |
Birlasoft Ltd. | Technology | Futures | -0.38% |
JIO Financial Services Ltd. | Financial | Futures | -0.40% |
Aditya Birla Capital Ltd. | Financial | Futures | -0.41% |
Exide Industries Ltd. | Capital Goods | Futures | -0.44% |
Infosys Ltd. | Technology | Futures | -0.46% |
Vedanta Ltd. | Metals & Mining | Futures | -0.46% |
Steel Authority Of India Ltd. | Metals & Mining | Futures | -0.54% |
Cipla Ltd. | Healthcare | Futures | -0.55% |
Aditya Birla Fashion and Retail Ltd. | Services | Futures | -0.61% |
DLF Ltd. | Construction | Futures | -0.71% |
Interglobe Aviation Ltd. | Services | Futures | -0.72% |
NMDC Ltd. | Metals & Mining | Futures | -0.75% |
Biocon Ltd. | Healthcare | Futures | -0.80% |
Indian Energy Exchange Ltd. | Services | Futures | -0.86% |
HDFC Life Insurance Co Ltd. | Insurance | Futures | -0.93% |
Hindustan Copper Ltd. | Metals & Mining | Futures | -1.19% |
Bharti Airtel Ltd. | Communication | Futures | -1.20% |
Tata Steel Ltd. | Metals & Mining | Futures | -1.26% |
Multi Commodity Exchange Of India Ltd. | Services | Futures | -1.33% |
Tata Motors Ltd. | Automobile | Futures | -1.44% |
HDFC Asset Management Company Ltd. | Financial | Futures | -1.51% |
Maruti Suzuki India Ltd. | Automobile | Futures | -1.57% |
Bank Of Baroda | Financial | Futures | -2.11% |
Bharat Electronics Ltd. | Capital Goods | Futures | -2.17% |
State Bank of India | Financial | Futures | -2.25% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -2.54% |
Canara Bank | Financial | Futures | -2.58% |
GMR Airports Ltd. | Construction | Futures | -2.70% |
Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -2.88% |
Axis Bank Ltd. | Financial | Futures | -3.08% |
Indusind Bank Ltd. | Financial | Futures | -3.22% |
Tata Power Company Ltd. | Energy | Futures | -3.34% |
ICICI Bank Ltd. | Financial | Futures | -3.40% |
Punjab National Bank | Financial | Futures | -3.50% |
Bajaj Finance Ltd. | Financial | Futures | -3.87% |
Reliance Industries Ltd. | Energy | Futures | -5.84% |
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: 1.81
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
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
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 - 5.6.5
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