|Min SIP Amount||₹1000|
|NAV||₹130.25 (26 Feb 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹419 Cr|
|ICICI Bank Ltd.||Financial||Equity||8.6%|
|HDFC Bank Ltd.||Financial||Equity||8.2%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.5%|
|Hindustan Unilever Ltd.||FMCG||Equity||4.1%|
|Coromandel International Ltd.||Chemicals||Equity||3.9%|
|L&T Infra Debt Fund Ltd.||Construction||Bonds||3.9%|
|India Infradebt Ltd.||Construction||Debenture||3.8%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.6%|
LIC MF Equity Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Marzban Irani, Ramnath Venkateswaran is the Current Fund Manager of LIC MF Equity Hybrid Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹419 Cr and the Latest NAV as of 26 Feb 2021 is ₹130.25.
The LIC MF Equity Hybrid Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months.
The scheme seeks to provide regular returns and capital appreciation from a portfolio comprising of equity and debt instruments, and also in money market instruments.
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.