|Min SIP Amount||₹1000|
|NAV||₹25.48 (24 Sep 2020)|
|Fund Started||03 Feb 1999|
|Fund Size||₹386 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.1%|
|ICICI Bank Ltd.||Financial||Equity||8.0%|
|Reliance Industries Ltd.||Energy||Equity||7.3%|
|Bajaj Finance Ltd.||Financial||Equity||7.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||5.5%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.3%|
|Avenue Supermarts Ltd.||Services||Equity||5.0%|
|Bharti Airtel Ltd.||Communication||Equity||4.3%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.8%|
LIC MF Large Cap Fund Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 03 Feb 1999. Sachin Relekar is the Current Fund Manager of LIC MF Large Cap Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹386 Cr and the Latest NAV as of 24 Sep 2020 is ₹25.48.
The LIC MF Large Cap Fund Growth 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.
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.