Fund Details
LIC MF Exchange Traded Fund Sensex Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.10% |
| NAV | ₹518.25 (12 May 2021) |
|---|---|
| Fund Started | 30 Nov 2015 |
| Fund Size | ₹441 Cr |
Returns
Comparison
1. Lower expense ratio - 0.10177797%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 12.0% |
| HDFC Bank Ltd. | Financial | Equity | 11.2% |
| Infosys Ltd. | Technology | Equity | 9.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 8.3% |
| ICICI Bank Ltd. | Financial | Equity | 7.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 6.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.2% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.0% |
| ITC Ltd. | FMCG | Equity | 3.5% |
| Axis Bank Ltd. | Financial | Equity | 3.4% |
Fund Managers
LIC MF Exchange Traded Fund Sensex Growth Details
LIC MF Exchange Traded Fund Sensex Growth is a Others Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 30 Nov 2015. Ritu Modi is the Current Fund Manager of LIC MF Exchange Traded Fund Sensex Growth fund.The fund currently has an Asset Under Management(AUM) of ₹441 Cr and the Latest NAV as of 12 May 2021 is ₹518.25.
The LIC MF Exchange Traded Fund Sensex Growth is rated Very High risk. Minimum SIP Investment is set to 1000.
Investment Objective
The scheme seeks to provide returns that, closely correspond to the total returns of the securities as represented by the S&P BSE SENSEX by holding S&P BSE SENSEX stocks in same proportion, subject to tracking errors.
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.
