Fund Details
LIC MF Bond Fund Direct Dividend Quarterly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.05% |
| NAV | ₹14.27 (02 Mar 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹231 Cr |
Returns
Comparison
1. Lower expense ratio - 0.18%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 38.6% |
| GOI | Sovereign | GOI Sec | 12.4% |
| GOI | Sovereign | GOI Sec | 7.6% |
| GOI | Sovereign | GOI Sec | 7.0% |
| Reserve Bank of India | Financial | T-Bills | 6.5% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.4% |
| GOI | Sovereign | GOI Sec | 3.8% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 2.2% |
| GOI | Sovereign | CGL | 2.2% |
| GOI | Sovereign | GOI Sec | 1.9% |
Fund Managers
LIC MF Bond Fund Direct Dividend Quarterly Details
LIC MF Bond Fund Direct Dividend Quarterly is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Marzban Irani is the Current Fund Manager of LIC MF Bond Fund Direct Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹231 Cr and the Latest NAV as of 02 Mar 2021 is ₹14.27.
The LIC MF Bond Fund Direct Dividend Quarterly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 15 days.
Investment Objective
The scheme endevours to generate attractive return by investing predominantly in quality debt and money market securities. The scheme may also take a 20 per cent exposure to equity.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
