|Min SIP Amount||₹1000|
|NAV||₹60.20 (23 Jul 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹151 Cr|
|Reserve Bank of India||Financial||T-Bills||13.1%|
|Reserve Bank of India||Financial||T-Bills||6.6%|
LIC MF Bond Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹151 Cr and the Latest NAV as of 23 Jul 2021 is ₹60.20.
The LIC MF Bond Fund Direct Growth 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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.