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LIC MF Arbitrage Fund Direct Growth+0.05%

3.47%
1 Year Return
Hybrid
Arbitrage
6M
1Y
All

Fund Details

LIC MF Arbitrage Fund Direct Growth

RiskLow
Min SIP Amount₹1000
Expense Ratio0.43%
NAV₹11.24 (22 Jun 2021)
Fund Started24 Jan 2019
Fund Size30 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.5%
-
-
4.9%
Category Average
3.3%
4.9%
5.5%
-
Rank Within Category
19
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Would have become
0
with 3.5% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.43%
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

Top Holdings

NameSectorInstrument% Assets
LIC MF Liquid Fund - Direct PlanFinancialMutual Fund28.6%
Aurobindo Pharma Ltd.HealthcareEquity7.9%
Larsen & Toubro Ltd.ConstructionEquity7.2%
ICICI Bank Ltd.FinancialEquity7.2%
Reliance Industries Ltd.EnergyEquity6.9%
Maruti Suzuki India Ltd.AutomobileEquity6.5%
Bharti Airtel Ltd.CommunicationEquity6.2%
Housing Development Finance Corpn. Ltd.FinancialEquity6.0%
Power Finance Corpn. Ltd.FinancialEquity2.2%
State Bank of IndiaFinancialEquity2.1%
See All

Fund Managers

Marzban Irani
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Yogesh Patil
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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 ₹30 Cr and the Latest NAV as of 22 Jun 2021 is ₹11.24.

The LIC MF Arbitrage Fund Direct Growth is rated 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.

Investment Objective

The scheme seeks to generate income by taking advantage of arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment of the equity market along with investments in debt securities & money market instruments.

Tax Implications

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.

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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