LIC MF Equity Hybrid Fund Direct Growth+0.20%

2Groww
4.29%
1 Year Return
Hybrid
Aggressive
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Equity Hybrid Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio1.62%
NAV107.50 (18 Sep 2019)
Fund Started01 Jan 2013
Fund Size356 Cr

Returns

1Y
3Y*
5Y*
Since inception*
LIC MF Equity Hybrid Fund Direct Growth
4.3%
6.3%
5.8%
9.0%
Category Average
-3.5%
6.3%
9.1%
-
Rank within category
1
15
24
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 4.3% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk is higher compared to the benchmark
    3. Higher expense ratio
    4. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity7.6%
    ICICI Bank Ltd.FinancialEquity5.8%
    Tata Consultancy Services Ltd.TechnologyEquity4.7%
    Infosys Ltd.TechnologyEquity4.4%
    State Bank of IndiaFinancialDebenture4.3%
    Kotak Mahindra Bank Ltd.FinancialEquity3.6%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.0%
    Axis Bank Ltd.FinancialEquity2.9%
    Reserve Bank of IndiaFinancialT-Bills2.8%
    Hindustan Unilever Ltd.FMCGEquity2.7%
    See All

    Fund Managers

    addMarzban Irani
    Education
    Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai.
    Experience
    Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.
    Funds Managed
    addYogesh Patil
    Education
    Mr. Patil is an MBA (Finance).
    Experience
    Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
    Funds Managed

    Other Details

    LIC MF Equity Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Marzban Irani, Ramnath Venkateswaran is the Current Fund Manager of LIC MF Equity Hybrid Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹356 Cr and the Latest NAV as of 18 Sep 2019 is ₹107.50.

    The LIC MF Equity Hybrid Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months..

    Investment Objective

    The Scheme aims to provide regular flow of dividend and capital appreciation especially when the unit are held for a longer period.

    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
    For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months.
    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
    19 Apr 1994
    Website
    NA
    LIC Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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