LIC MF Dual Advantage Fixed Term Plan Series I Direct Growth

LIC MF Dual Advantage Fixed Term Plan Series I Direct Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Marzban Irani, Sachin Relekar is the Current Fund Manager of LIC MF Dual Advantage Fixed Term Plan Series I Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹32,369 Cr and the Latest NAV as of 14 Jan 2019 is ₹12.27. The LIC MF Dual Advantage Fixed Term Plan Series I Direct Growth is rated Moderately High risk. ;

Investment Objective

The primary investment objective of the scheme is to generate returns and seek capital appreciation by investing in a portfolio of debt, equity and money market securities. The schemes seek to invest a portion of the portfolio in equity & equity related securities to achieve capital appreciation. As far as investments in debt and money market securities are concerned, the scheme will invest only in securities which mature on or before the date of maturity of the schemes. However, there is no assurance that the investment objective of the Schemes will be realized. ;