How to Invest in LIC MF S&P BSE Sensex Fund Direct IDCW?

You can easily invest in LIC MF S&P BSE Sensex Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for LIC MF S&P BSE Sensex Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in LIC MF S&P BSE Sensex Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF S&P BSE Sensex Fund Direct IDCW provide?

The LIC MF S&P BSE Sensex Fund Direct IDCW has been there from 02 Jan 2013 and the average annual returns provided by this fund is 13.22% since its inception.

How much expense ratio is charged by LIC MF S&P BSE Sensex Fund Direct IDCW?

The term Expense Ratio used for LIC MF S&P BSE Sensex Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of LIC MF S&P BSE Sensex Fund Direct IDCW is 0.38% as of 04 Jun 2023...

What is the AUM of LIC MF S&P BSE Sensex Fund Direct IDCW?

The AUM, short for Assets Under Management of LIC MF S&P BSE Sensex Fund Direct IDCW is ₹72.45Cr as of 04 Jun 2023.

How to Redeem LIC MF S&P BSE Sensex Fund Direct IDCW?

If you want to sell your LIC MF S&P BSE Sensex Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of LIC MF S&P BSE Sensex Fund Direct IDCW?

You can select either SIP or Lumpsum investment of LIC MF S&P BSE Sensex Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of LIC MF S&P BSE Sensex Fund Direct IDCW?

The NAV of LIC MF S&P BSE Sensex Fund Direct IDCW is ₹41.37 as of 02 Jun 2023.

What is the PE and PB ratio of LIC MF S&P BSE Sensex Fund Direct IDCW?

The PE ratio ratio of LIC MF S&P BSE Sensex Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

LIC MF S&P BSE Sensex Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

LIC MF S&P BSE Sensex Fund Direct IDCW
Other
Index
Very High Risk
Payout
23.66%
3Y annualised
+0.29% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 02 Jun 2023₹41.37
Min. SIP amount₹1,000
Rating4
Fund size₹72.45Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns13.2%23.7%12.9%12.2%
Category average12.3%23.0%11.6%NA
Rank with in category333413NA
Understand terms
Holdings (30)NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity11.9%
HDFC Bank Ltd.FinancialEquity10.6%
ICICI Bank Ltd.FinancialEquity9.2%
Housing Development Finance Corporation Ltd.FinancialEquity7.2%
Infosys Ltd.TechnologyEquity6.5%
ITC Ltd.Consumer StaplesEquity5.4%
Tata Consultancy Services Ltd.TechnologyEquity4.7%
Larsen & Toubro Ltd.ConstructionEquity4.1%
Kotak Mahindra Bank Ltd.FinancialEquity4.0%
Axis Bank Ltd.FinancialEquity3.5%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Other Index
Pros
Cons
Lower expense ratio: 0.38%
10Y annualised returns lower than category average by 0.17%
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower alpha: -1.34
The fund has generated returns lower than benchmark - S&P BSE Sensex Total Return Index - in the last 3Y 
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Apr 2023 - Present
0.38%
31 Mar 2023 - 30 Apr 2023
0.38%
28 Feb 2023 - 31 Mar 2023
0.38%
31 Jan 2023 - 28 Feb 2023
0.38%
31 Dec 2022 - 31 Jan 2023
0.38%
31 Dec 2022 - 31 Dec 2022
0.38%
30 Nov 2022 - 31 Dec 2022
0.38%
30 Nov 2022 - 30 Nov 2022
0.38%
30 Nov 2022 - 30 Nov 2022
0.38%
31 Oct 2022 - 30 Nov 2022
0.38%
31 Oct 2022 - 31 Oct 2022
0.38%
31 Oct 2022 - 31 Oct 2022
0.38%
31 Oct 2022 - 31 Oct 2022
0.38%
30 Sep 2022 - 31 Oct 2022
0.38%
30 Sep 2022 - 30 Sep 2022
0.38%
30 Sep 2022 - 30 Sep 2022
0.38%
31 Aug 2022 - 30 Sep 2022
0.38%
31 Aug 2022 - 31 Aug 2022
0.38%
31 Jul 2022 - 31 Aug 2022
0.38%
31 Jul 2022 - 31 Jul 2022
0.38%
30 Jun 2022 - 31 Jul 2022
0.37%
30 Jun 2022 - 30 Jun 2022
0.37%
31 May 2022 - 30 Jun 2022
0.37%
31 May 2022 - 31 May 2022
0.37%
30 Apr 2022 - 31 May 2022
0.37%
30 Apr 2022 - 30 Apr 2022
0.37%
31 Mar 2022 - 30 Apr 2022
0.37%
31 Mar 2022 - 31 Mar 2022
0.37%
28 Feb 2022 - 31 Mar 2022
0.37%
28 Feb 2022 - 28 Feb 2022
0.37%
31 Jan 2022 - 28 Feb 2022
0.37%
31 Dec 2021 - 31 Jan 2022
0.37%
30 Nov 2021 - 31 Dec 2021
0.37%
31 Oct 2021 - 30 Nov 2021
0.37%
30 Sep 2021 - 31 Oct 2021
0.37%
31 Aug 2021 - 30 Sep 2021
0.37%
31 Jul 2021 - 31 Aug 2021
0.37%
30 Jun 2021 - 31 Jul 2021
0.57%
31 May 2021 - 30 Jun 2021
0.57%
30 Apr 2021 - 31 May 2021
0.57%
31 Mar 2021 - 30 Apr 2021
0.57%
28 Feb 2021 - 31 Mar 2021
0.57%
31 Jan 2021 - 28 Feb 2021
0.57%
31 Dec 2020 - 31 Jan 2021
0.58%
30 Nov 2020 - 31 Dec 2020
0.58%
31 Oct 2020 - 30 Nov 2020
0.57%
30 Sep 2020 - 31 Oct 2020
0.58%
31 Aug 2020 - 30 Sep 2020
0.58%
31 Jul 2020 - 31 Aug 2020
0.58%
30 Jun 2020 - 31 Jul 2020
0.58%
31 May 2020 - 30 Jun 2020
0.57%
30 Apr 2020 - 31 May 2020
0.57%
31 Mar 2020 - 30 Apr 2020
0.55%
29 Feb 2020 - 31 Mar 2020
0.55%
31 Jan 2020 - 29 Feb 2020
0.55%
31 Dec 2019 - 31 Jan 2020
0.55%
30 Nov 2019 - 31 Dec 2019
0.58%
31 Oct 2019 - 30 Nov 2019
0.58%
30 Sep 2019 - 31 Oct 2019
0.58%
31 Aug 2019 - 30 Sep 2019
0.58%
31 Jul 2019 - 31 Aug 2019
0.58%
30 Jun 2019 - 31 Jul 2019
0.58%
31 May 2019 - 30 Jun 2019
0.58%
30 Apr 2019 - 31 May 2019
0.58%
31 Mar 2019 - 30 Apr 2019
1.05%
28 Feb 2019 - 31 Mar 2019
1.05%
31 Jan 2019 - 28 Feb 2019
1.05%
31 Dec 2018 - 31 Jan 2019
1.03%
30 Nov 2018 - 31 Dec 2018
1.15%
31 Oct 2018 - 30 Nov 2018
1.15%
30 Sep 2018 - 31 Oct 2018
1.15%
31 Aug 2018 - 30 Sep 2018
1.15%
31 Jul 2018 - 31 Aug 2018
1.15%
30 Jun 2018 - 31 Jul 2018
1.15%
31 May 2018 - 30 Jun 2018
1.16%
30 Apr 2018 - 31 May 2018
1.14%
31 Mar 2018 - 30 Apr 2018
1.14%
28 Feb 2018 - 31 Mar 2018
1.14%
31 Jan 2018 - 28 Feb 2018
1.14%
31 Dec 2017 - 31 Jan 2018
1.14%
30 Nov 2017 - 31 Dec 2017
1.14%
31 Oct 2017 - 30 Nov 2017
1.14%
Expense ratio, exit load and taxExpense ratio: 0.38%Inclusive of GST
Exit loadExit load of 0.25%, if redeemed within 7 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000
Fund managementJaiprakash Toshniwal
Sep 2021 - Present
View details
Education
Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.
Also manages these schemes
LIC MF Large Cap Fund IDCW
LIC MF S&P BSE Sensex Fund IDCW
LIC MF S&P BSE Sensex Fund Growth
LIC MF Nifty 50 Index Fund IDCW
LIC MF Nifty 50 Index Fund Growth
LIC MF Large Cap Fund Growth
LIC MF Large Cap Fund Direct Growth
LIC MF Large Cap Fund Direct IDCW
LIC MF Nifty 50 Index Fund Direct Growth
LIC MF S&P BSE Sensex Fund Direct Growth
LIC MF Nifty 50 Index Fund Direct IDCW
LIC MF S&P BSE Sensex Fund Direct IDCW
LIC MF Banking & Financial Services Fund Direct IDCW
LIC MF Banking & Financial Services Fund Regular IDCW
LIC MF Banking & Financial Services Fund Regular Growth
LIC MF Banking & Financial Services Fund Direct Growth
LIC MF Nifty 50 ETF IDCW
LIC MF S&P BSE Sensex ETF Growth
LIC MF Nifty 100 ETF Growth
LIC MF Arbitrage Fund Regular Growth
LIC MF Arbitrage Fund Direct IDCW Weekly
LIC MF Arbitrage Fund Regular IDCW Monthly
LIC MF Arbitrage Fund Regular IDCW Weekly
LIC MF Arbitrage Fund Direct IDCW Monthly
LIC MF Arbitrage Fund Direct Growth
LIC MF Balanced Advantage Fund Regular IDCW
LIC MF Balanced Advantage Fund Regular Growth
LIC MF Balanced Advantage Fund Direct IDCW
LIC MF Balanced Advantage Fund Direct Growth
Fund house & investment objective
LIC Mutual Fund
Rank (total assets)#20 in India
Total AUM₹17,913.46Cr
Date of Incorporation20 Apr 1994
 LIC MF S&P BSE Sensex Fund Direct IDCW is a Other Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Ramnath Venkateswaran is the Current Fund Manager of LIC MF S&P BSE Sensex Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹17,913 Cr and the Latest NAV as of 02 Jun 2023 is ₹41.37.
The LIC MF S&P BSE Sensex Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25%, if redeemed within 7 days.
;
Investment ObjectiveThe scheme aims to generate returns commensurate with the performance of BSE Sensex by investing in the index stocks, subject to tracking errors.
;
Fund benchmarkS&P BSE Sensex Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
E-mail
[email protected]
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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
LIC MF S&P BSE Sensex Fund Direct IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	13.2%	23.7%	12.9%	12.2%
Category average	12.3%	23.0%	11.6%	NA
Rank with in category	33	34	13	NA

Name	Sector	Instrument	Assets
Reliance Industries Ltd.	Energy	Equity	11.9%
HDFC Bank Ltd.	Financial	Equity	10.6%
ICICI Bank Ltd.	Financial	Equity	9.2%
Housing Development Finance Corporation Ltd.	Financial	Equity	7.2%
Infosys Ltd.	Technology	Equity	6.5%
ITC Ltd.	Consumer Staples	Equity	5.4%
Tata Consultancy Services Ltd.	Technology	Equity	4.7%
Larsen & Toubro Ltd.	Construction	Equity	4.1%
Kotak Mahindra Bank Ltd.	Financial	Equity	4.0%
Axis Bank Ltd.	Financial	Equity	3.5%

Rank (total assets)	#20 in India
Total AUM	₹17,913.46Cr

Date of Incorporation	20 Apr 1994

Fund benchmark	S&P BSE Sensex Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹500

Rating	4
Fund size	₹72.45Cr

LIC MF S&P BSE Sensex Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (30)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.38%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Jaiprakash ToshniwalSep 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Jaiprakash Toshniwal
Sep 2021 - Present
View details