| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.52% |
| NAV | ₹11.91 (24 Sep 2020) |
|---|---|
| Fund Started | 24 Mar 2008 |
| Fund Size | ₹48 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.4% |
| Reliance Industries Ltd. | Energy | Equity | 9.1% |
| ICICI Bank Ltd. | Financial | Equity | 8.2% |
| Bharti Airtel Ltd. | Communication | Equity | 6.5% |
| The Ramco Cements Ltd. | Construction | Equity | 6.4% |
| KNR Constructions Ltd. | Construction | Equity | 4.9% |
| SKF India Ltd. | Engineering | Equity | 4.8% |
| City Union Bank Ltd. | Financial | Equity | 4.0% |
| State Bank of India | Financial | Equity | 3.8% |
| Brigade Enterprises Ltd. | Construction | Equity | 3.5% |
LIC MF Infrastructure Fund Dividend is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 24 Mar 2008. Sachin Relekar is the Current Fund Manager of LIC MF Infrastructure Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹48 Cr and the Latest NAV as of 24 Sep 2020 is ₹11.91.
The LIC MF Infrastructure Fund Dividend 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.