|Min SIP Amount||₹1000|
|NAV||₹24.37 (07 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹506 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.4%|
|ICICI Bank Ltd.||Financial||Equity||7.9%|
|Tata Consultancy Services Ltd.||Technology||Equity||6.2%|
|Bajaj Finance Ltd.||Financial||Equity||5.4%|
|Reliance Industries Ltd.||Energy||Equity||5.2%|
|Avenue Supermarts Ltd.||Services||Equity||4.6%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.3%|
|Bajaj Finserv Ltd.||Financial||Equity||3.0%|
LIC MF Large Cap Fund Direct IDCW is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sachin Relekar is the Current Fund Manager of LIC MF Large Cap Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹506 Cr and the Latest NAV as of 07 May 2021 is ₹24.37.
The LIC MF Large Cap Fund Direct 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.
The scheme seeks to achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives.
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.