| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.22% |
| NAV | ₹13.89 (29 Oct 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹46 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.2% |
| The Ramco Cements Ltd. | Construction | Equity | 7.2% |
| Ultratech Cement Ltd. | Construction | Equity | 7.0% |
| HDFC Bank Ltd. | Financial | Equity | 6.7% |
| Bharti Airtel Ltd. | Communication | Equity | 5.5% |
| SKF India Ltd. | Engineering | Equity | 5.5% |
| ICICI Bank Ltd. | Financial | Equity | 5.3% |
| KNR Constructions Ltd. | Construction | Equity | 5.1% |
| Petronet LNG Ltd. | Energy | Equity | 3.9% |
| Hindalco Industries Ltd. | Metals | Equity | 3.4% |
LIC MF Infrastructure Fund Direct Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Sachin Relekar is the Current Fund Manager of LIC MF Infrastructure Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹46 Cr and the Latest NAV as of 29 Oct 2020 is ₹13.89.
The LIC MF Infrastructure Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 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 scheme aims to invest in equity/equity related securities of the companies which are 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.