|Min SIP Amount||₹1000|
|NAV||₹12.41 (13 Aug 2020)|
|Fund Started||24 Mar 2008|
|Fund Size||₹46 Cr|
|HDFC Bank Ltd.||Financial||Equity||9.8%|
|Reliance Industries Ltd.||Energy||Equity||9.0%|
|ICICI Bank Ltd.||Financial||Equity||7.9%|
|Bharti Airtel Ltd.||Communication||Equity||7.7%|
|The Ramco Cements Ltd.||Construction||Equity||6.3%|
|SKF India Ltd.||Engineering||Equity||5.4%|
|KNR Constructions Ltd.||Construction||Equity||4.3%|
|City Union Bank Ltd.||Financial||Equity||3.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.5%|
|State Bank of India||Financial||Equity||3.4%|
LIC MF Infrastructure Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹46 Cr and the Latest NAV as of 13 Aug 2020 is ₹12.41.
The LIC MF Infrastructure Fund 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 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.