1M
6M
1Y
3Y
5Y
All
| NAV: 01 Jun 2023 | ₹17.67 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹140.89Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 27.4% | 26.4% | 9.7% | 7.3% |
| Category average | 25.4% | 31.7% | 9.3% | NA |
| Rank with in category | 1 | 10 | 9 | NA |
Understand terms
Holdings (19)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 15.8% |
| HDFC Bank Ltd. | Financial | Equity | 10.9% |
| State Bank of India | Financial | Equity | 9.9% |
| Axis Bank Ltd. | Financial | Equity | 9.3% |
| Housing Development Finance Corporation Ltd. | Financial | Equity | 8.8% |
| The Federal Bank Ltd. | Financial | Equity | 4.4% |
| CreditAccess Grameen Ltd. | Financial | Equity | 4.4% |
| Karur Vysya Bank Ltd. | Financial | Equity | 4.1% |
| Cholamandalam Financial Holdings Ltd. | Financial | Equity | 4.0% |
| DCB Bank Ltd. | Financial | Equity | 3.7% |
See All
Pros and cons
Category: Equity Sectoral / Thematic
Pros
Cons
1Y category rank: 1
3Y annualised returns lower than category average by 4.27%
1Y and 5Y annualised returns higher than category average
Higher expense ratio: 1.54%
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 1.54%
Inclusive of GST
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
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.
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 ToshniwalSep 2021 - PresentView details
Jaiprakash Toshniwal
Sep 2021 - 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 Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
E-mail
[email protected]Website
NA
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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