| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.68% |
| NAV | ₹47.30 (10 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹277 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 7.5% |
| ICICI Bank Ltd. | Financial | Equity | 6.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 6.2% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.3% |
| Infosys Ltd. | Technology | Equity | 4.7% |
| Coromandel International Ltd. | Chemicals | Equity | 4.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.4% |
| Nestle India Ltd. | FMCG | Equity | 4.1% |
| Container Corpn. Of India Ltd. | Services | Equity | 3.0% |
LIC MF Multicap Fund Direct Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Ramnath Venkateswaran is the Current Fund Manager of LIC MF Multicap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹277 Cr and the Latest NAV as of 10 Jul 2020 is ₹47.30.
The LIC MF Multicap Fund Direct Growth is rated Moderately 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.
The primary objective of the scheme is to obtain maximum possible capital growth consistent with reasonable levels of safety and security by investing the funds mainly in equities and also in debts and other permitted instruments of capital and money market.
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.