Fund Details
LIC MF Equity Hybrid Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.60% |
| NAV | ₹14.08 (16 Apr 2021) |
|---|---|
| Fund Started | 03 Feb 1999 |
| Fund Size | ₹435 Cr |
Returns
Comparison
1. Age is more than 10 years
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.6%
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
5. 5Y Returns are lower than the category average returns
6. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.3% |
| ICICI Bank Ltd. | Financial | Equity | 8.2% |
| Infosys Ltd. | Technology | Equity | 6.4% |
| Reserve Bank of India | Financial | T-Bills | 5.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.4% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.3% |
| GOI | Sovereign | GOI Sec | 3.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.6% |
| India Infradebt Ltd. | Construction | Debenture | 3.5% |
| Coromandel International Ltd. | Chemicals | Equity | 3.4% |
Fund Managers
LIC MF Equity Hybrid Fund IDCW Details
LIC MF Equity Hybrid Fund IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹435 Cr and the Latest NAV as of 16 Apr 2021 is ₹14.08.
The LIC MF Equity Hybrid Fund IDCW 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.
Investment Objective
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.
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.
