LIC MF Infrastructure Fund Direct Dividend is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Sachin Relekar is the Current Fund Manager of LIC MF Infrastructure Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹56 Cr and the Latest NAV as of 13 Dec 2019 is ₹15.96.
The LIC MF Infrastructure Fund Direct Dividend is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months..
The investment objective of the scheme is to provide long term growth from a portfolio of equity / equity related instruments of companies engaged either directly or indirectly in the infrastructure sector.
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
For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months.