LIC MF Large Cap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Sachin Relekar is the Current Fund Manager of LIC MF Large Cap Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹297 Cr and the Latest NAV as of 17 Oct 2019 is ₹20.18.
The LIC MF Large Cap Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 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
To provide capital Growth by investing in a mix of equity instrument.
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)
₹5000
Min for First Investment
₹500
Min for Second Investment
For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months.
Exit Load