LIC MF Index Sensex Fund Direct Growth+0.17%

3Groww
14.99%
1 Year Return
Others
Index
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Index Sensex Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.58%
NAV77.53 (15 Nov 2019)
Fund Started01 Jan 2013
Fund Size21 Cr

Returns

1Y
3Y*
5Y*
Since inception*
LIC MF Index Sensex Fund Direct Growth
15.0%
15.6%
7.8%
11.3%
Category Average
NA
NA
NA
-
Rank within category
17
8
43
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 15.0% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. 1Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity12.6%
    Reliance Industries Ltd.EnergyEquity11.3%
    Housing Development Finance Corpn. Ltd.FinancialEquity8.9%
    ICICI Bank Ltd.FinancialEquity7.2%
    Infosys Ltd.TechnologyEquity6.2%
    Tata Consultancy Services Ltd.TechnologyEquity5.8%
    ITC Ltd.FMCGEquity5.3%
    Kotak Mahindra Bank Ltd.FinancialEquity4.5%
    Larsen & Toubro Ltd.ConstructionEquity4.3%
    Axis Bank Ltd.FinancialEquity4.0%
    See All

    Fund Managers

    addYogesh Patil
    Education
    Mr. Patil is an MBA (Finance).
    Experience
    Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
    Funds Managed

    Other Details

    LIC MF Index Sensex Fund Direct Growth is a Others Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Ramnath Venkateswaran is the Current Fund Manager of LIC MF Index Sensex Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹21 Cr and the Latest NAV as of 15 Nov 2019 is ₹77.53.

    The LIC MF Index Sensex Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 month.

    Investment Objective

    An open ended Index linked equity scheme seeking to provide capital growth by investing in index stocks.

    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 1% if redeemed within 1 month
    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
    19 Apr 1994
    Website
    NA
    LIC Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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