| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.58% |
| NAV | ₹78.51 (27 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹24 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 17.4% |
| HDFC Bank Ltd. | Financial | Equity | 10.6% |
| Infosys Ltd. | Technology | Equity | 9.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 6.3% |
| ICICI Bank Ltd. | Financial | Equity | 5.9% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.5% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.0% |
| ITC Ltd. | FMCG | Equity | 3.6% |
| Axis Bank Ltd. | Financial | Equity | 2.7% |
LIC MF Index Sensex Fund Direct Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Ramnath Venkateswaran is the Current Fund Manager of LIC MF Index Sensex Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹24 Cr and the Latest NAV as of 27 Oct 2020 is ₹78.51.
The LIC MF Index Sensex Fund Direct Growth 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.
The scheme aims to generate returns commensurate with the performance of BSE Sensex by investing in the index stocks, subject to tracking errors.
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.