LIC MF Exchange Traded Fund Sensex Growth is a Others Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 30 Nov 2015. Sachin Relekar is the Current Fund Manager of LIC MF Exchange Traded Fund Sensex Growth.The fund currently has an Asset Under Management(AUM) of ₹406 Cr and the Latest NAV as of 20 Nov 2019 is ₹427.21.
The LIC MF Exchange Traded Fund Sensex Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Nil.
Investment Objective
The investment objective of the scheme is 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. However there is no assurance that the objective of the scheme will be achieved.
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.
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment