Fund Details
LIC MF Infrastructure Fund Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.22% |
| NAV | ₹16.98 (21 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹55 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.8% |
| The Ramco Cements Ltd. | Construction | Equity | 7.4% |
| Ultratech Cement Ltd. | Construction | Equity | 7.2% |
| Reliance Industries Ltd. | Energy | Equity | 6.9% |
| ICICI Bank Ltd. | Financial | Equity | 6.2% |
| Bharti Airtel Ltd. | Communication | Equity | 5.3% |
| Petronet LNG Ltd. | Energy | Equity | 5.3% |
| SKF India Ltd. | Engineering | Equity | 5.2% |
| KNR Constructions Ltd. | Construction | Equity | 5.0% |
| Brigade Enterprises Ltd. | Construction | Equity | 4.0% |
Fund Managers
LIC MF Infrastructure Fund Direct Growth Details
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 ₹55 Cr and the Latest NAV as of 21 Jan 2021 is ₹16.98.
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.
Investment Objective
The scheme aims to invest in equity/equity related securities of the companies which are engaged either directly or indirectly in the infrastructure sector.
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.
