Fund Details
LIC MF Large Cap Fund Direct Dividend
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.42% |
| NAV | ₹23.79 (26 Feb 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹459 Cr |
Returns
Comparison
1. Lower expense ratio - 1.42%
2. 3Y Returns are higher than the category average returns
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.8% |
| HDFC Bank Ltd. | Financial | Equity | 8.6% |
| Infosys Ltd. | Technology | Equity | 8.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 6.9% |
| Bajaj Finance Ltd. | Financial | Equity | 6.1% |
| Avenue Supermarts Ltd. | Services | Equity | 5.4% |
| Reliance Industries Ltd. | Energy | Equity | 5.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.4% |
Fund Managers
LIC MF Large Cap Fund Direct Dividend Details
LIC MF Large Cap Fund Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹459 Cr and the Latest NAV as of 26 Feb 2021 is ₹23.79.
The LIC MF Large Cap Fund Direct Dividend 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 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.
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.
