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LIC MF Index Nifty Fund Dividend+1.65%

17.14%
1 Year Return
Equity
Index
3.0star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Index Nifty Fund Dividend

RiskModerately High
Min SIP Amount₹1000
Expense Ratio1.03%
NAV₹29.51 (19 Jan 2021)
Fund Started06 Dec 2002
Fund Size31 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
17.1%
9.9%
14.1%
9.7%
Category Average
17.6%
9.4%
14.5%
-
Rank Within Category
71
47
50
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 17.1% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. Age is more than 10 years
4. 1Y Returns are higher than the category average returns
5. 3Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. 10Y Returns are lower than the benchmark
7. Asset under management(AUM) is less than 50 Crs. Watch expense ratio when AUM is very low
8. Risk-adjusted returns are lower compared to the category
9. 5Y Returns are lower than the category average returns
10. 10Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity11.2%
Reliance Industries Ltd.EnergyEquity11.2%
Housing Development Finance Corpn. Ltd.FinancialEquity7.2%
Infosys Ltd.TechnologyEquity7.2%
ICICI Bank Ltd.FinancialEquity5.8%
Tata Consultancy Services Ltd.TechnologyEquity5.0%
Kotak Mahindra Bank Ltd.FinancialEquity5.0%
Hindustan Unilever Ltd.FMCGEquity3.4%
ITC Ltd.FMCGEquity3.0%
Axis Bank Ltd.FinancialEquity2.6%
See All

Fund Managers

Yogesh Patil
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LIC MF Index Nifty Fund Dividend Details

LIC MF Index Nifty Fund Dividend is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 06 Dec 2002. Ramnath Venkateswaran is the Current Fund Manager of LIC MF Index Nifty Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹31 Cr and the Latest NAV as of 19 Jan 2021 is ₹29.51.

The LIC MF Index Nifty Fund Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.25%, if redeemed within 7 days.

Investment Objective

The scheme aims to generate returns commensurate with the performance of Nifty 50 by investing in the index stocks, subject to tracking errors.

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
Exit load of 0.25%, if redeemed within 7 days.
Exit Load

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About LIC Mutual Fund

Address
4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
Phone
022-66016000
Launch Date
20 Apr 1994
Website
NA
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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