LIC MF Index Nifty Fund Dividend is a Others Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 06 Dec 2002. Ramnath Venkateswaran is the Current Fund Manager of LIC MF Index Nifty Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹25 Cr and the Latest NAV as of 17 Jan 2020 is ₹25.16.
The LIC MF Index Nifty Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 month.
An open ended Index linked equity scheme seeking to provide capital growth by investing in index stocks.
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)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 month