Fund Details
LIC MF Infrastructure Fund Dividend
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.55% |
| NAV | ₹17.25 (26 Feb 2021) |
|---|---|
| Fund Started | 24 Mar 2008 |
| Fund Size | ₹53 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y 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. Higher expense ratio - 2.49%
3. 1Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Ultratech Cement Ltd. | Construction | Equity | 8.0% |
| HDFC Bank Ltd. | Financial | Equity | 6.7% |
| Reliance Industries Ltd. | Energy | Equity | 6.6% |
| The Ramco Cements Ltd. | Construction | Equity | 6.5% |
| KNR Constructions Ltd. | Construction | Equity | 6.4% |
| Bharti Airtel Ltd. | Communication | Equity | 6.3% |
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| SKF India Ltd. | Engineering | Equity | 5.7% |
| Petronet LNG Ltd. | Energy | Equity | 5.0% |
| Brigade Enterprises Ltd. | Construction | Equity | 4.4% |
Fund Managers
LIC MF Infrastructure Fund Dividend Details
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 ₹53 Cr and the Latest NAV as of 26 Feb 2021 is ₹17.25.
The LIC MF Infrastructure Fund Dividend is rated Very 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.
