Fund Details
LIC MF Flexi Cap Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.54% |
| NAV | ₹18.65 (12 May 2021) |
|---|---|
| Fund Started | 15 Apr 1998 |
| Fund Size | ₹353 Cr |
Returns
Comparison
1. Age is more than 10 years
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.8% |
| ICICI Bank Ltd. | Financial | Equity | 8.4% |
| Infosys Ltd. | Technology | Equity | 8.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 6.4% |
| Hindustan Unilever Ltd. | FMCG | Equity | 5.5% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.1% |
| Nestle India Ltd. | FMCG | Equity | 4.1% |
| Coromandel International Ltd. | Chemicals | Equity | 4.1% |
| Gujarat Gas Ltd. | Chemicals | Equity | 2.7% |
Fund Managers
LIC MF Flexi Cap Fund IDCW Details
LIC MF Flexi Cap Fund IDCW is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 15 Apr 1998. Ramnath Venkateswaran is the Current Fund Manager of LIC MF Flexi Cap Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹353 Cr and the Latest NAV as of 12 May 2021 is ₹18.65.
The LIC MF Flexi Cap Fund IDCW is rated Very 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.
Investment Objective
The scheme seeks maximum possible capital growth consistent with reasonable levels of safety with predominant investment in equity, it may also take exposure in debt market securities. It was made in to an open-ended scheme from April 1998.
Tax Implications
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.
