| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.55% |
| NAV | ₹12.31 (25 Sep 2020) |
|---|---|
| Fund Started | 03 Feb 1999 |
| Fund Size | ₹395 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.2% |
| ICICI Bank Ltd. | Financial | Equity | 6.9% |
| GOI | Sovereign | GOI Sec | 6.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 5.1% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.4% |
| Coromandel International Ltd. | Chemicals | Equity | 4.3% |
| India Infradebt Ltd. | Construction | Debenture | 3.9% |
| L&T Infra Debt Fund Ltd. | Construction | Bonds | 3.9% |
| Nestle India Ltd. | FMCG | Equity | 3.6% |
LIC MF Equity Hybrid Fund Dividend is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 03 Feb 1999. Marzban Irani, Ramnath Venkateswaran is the Current Fund Manager of LIC MF Equity Hybrid Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹395 Cr and the Latest NAV as of 25 Sep 2020 is ₹12.31.
The LIC MF Equity Hybrid Fund Dividend is rated Moderately 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.