Fund Details
LIC MF Large Cap Fund Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.60% |
| NAV | ₹21.96 (27 Nov 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹405 Cr |
Returns
as per Historical Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.1% |
| HDFC Bank Ltd. | Financial | Equity | 8.7% |
| ICICI Bank Ltd. | Financial | Equity | 7.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 6.9% |
| Reliance Industries Ltd. | Energy | Equity | 6.8% |
| Bajaj Finance Ltd. | Financial | Equity | 6.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 5.8% |
| Avenue Supermarts Ltd. | Services | Equity | 5.6% |
| Bharti Airtel Ltd. | Communication | Equity | 3.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.5% |
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 ₹405 Cr and the Latest NAV as of 27 Nov 2020 is ₹21.96.
The LIC MF Large Cap Fund Direct Dividend is rated Moderately 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.
