1M
6M
1Y
All
| NAV: 06 Sep 2024 | ₹13.84 |
| Min. SIP amount | ₹1,000 |
| Rating | NA |
| Fund size | ₹872.09Cr |
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 Dynamic Asset Allocation
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 8.5% | 12.2% | 20.7% | 38.9% |
| Category average | NA | NA | 24.3% | NA |
| Rank with in category | 21 | 19 | 30 | NA |
Understand terms
Holdings (87)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 8.91% |
HDFC Bank Ltd. | Financial | Equity | 8.76% |
Reliance Industries Ltd. | Energy | Equity | 6.78% |
ICICI Bank Ltd. | Financial | Equity | 6.09% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 4.57% |
State Bank of India | Financial | Equity | 4.51% |
ITC Ltd. | Consumer Staples | Equity | 4.11% |
Infosys Ltd. | Technology | Equity | 3.62% |
Tata Consultancy Services Ltd. | Technology | Equity | 3.43% |
HDFC Bank Ltd. | Financial | Debenture | 3.11% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
Lower expense ratio: 0.55%
Cons
1Y annualised returns lower than category average by 5.72%
Expense ratio, exit load and tax
Expense ratio: 0.56%
Inclusive of GST
Exit load
Exit load for units in excess of 12% of the investment,1% will be charged for redemption within 3 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 | ₹1,000 |
Fund management
Jaiprakash ToshniwalJun 2022 - PresentView details
Jaiprakash Toshniwal
Jun 2022 - Present
View details
Education
Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.
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
Standard Chartered Bank
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
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