LIC MF Liquid Fund Dividend Daily+0.01%

3Groww
6.97%
1 Year Return
Debt
Liquid
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Liquid Fund Dividend Daily

RiskLow
Min SIP Amount₹1000
Expense Ratio0.25%
NAV1098.00 (21 Oct 2019)
Fund Started11 Mar 2002
Fund Size8,229 Cr

Returns

1Y
3Y*
5Y*
Since inception*
LIC MF Liquid Fund Dividend Daily
7.0%
6.9%
7.4%
7.4%
Category Average
6.8%
6.7%
7.3%
-
Rank within category
26
26
23
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.0% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. Risk is lower compared to the benchmark
    Cons
    1. 1Y Returns are lower than the benchmark
    2. 3Y Returns are lower than the benchmark
    3. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    National Bank For Agriculture & Rural DevelopmentFinancialCP4.8%
    PNB Housing Finance Ltd.FinancialCP4.8%
    Housing & Urban Development Corpn. Ltd.FinancialCP4.8%
    Indian BankFinancialCD3.6%
    Birla Group Holdings Pvt. Ltd.FinancialCP3.6%
    National Thermal Power Corp. Ltd.EnergyCP3.0%
    Reliance Retail Ltd.ServicesCP2.4%
    Power Grid Corporation of India Ltd.EnergyCP2.4%
    Axis Bank Ltd.FinancialCD2.4%
    Coromandel International Ltd.ChemicalsCP2.4%
    See All

    Fund Managers

    addRahul Singh
    Education
    Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
    Experience
    Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
    Funds Managed

    Other Details

    LIC MF Liquid Fund Dividend Daily is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 11 Mar 2002. Rahul Singh is the Current Fund Manager of LIC MF Liquid Fund Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹8,229 Cr and the Latest NAV as of 21 Oct 2019 is ₹1098.00.

    The LIC MF Liquid Fund Dividend Daily is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days..

    Investment Objective

    To generate reasonable returns with low risk and high liquidity through investments primarily in money market securities.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹500
    Min for Second Investment
    Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
    Exit Load

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    About LIC Mutual Fund

    Address
    4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
    Phone
    022-66016000
    Launch Date
    19 Apr 1994
    Website
    NA
    LIC Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
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