LIC MF Exchange Traded Fund Nifty 100 Growth is a Others Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 17 Mar 2016. Sachin Relekar is the Current Fund Manager of LIC MF Exchange Traded Fund Nifty 100 Growth.The fund currently has an Asset Under Management(AUM) of ₹321 Cr and the Latest NAV as of 17 Oct 2019 is ₹121.73.
The LIC MF Exchange Traded Fund Nifty 100 Growth is rated Moderately High risk. Minimum SIP Investment is 5000. Nil.
The investment objective of the scheme is to provide returns that closely correspond to the total returns of securities as represented by NIFTY 100 INDEX, subject to tracking errors. However there is no assurance that the objective of the scheme will be achieved.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment