LIC MF Liquid Fund Direct IDCW Daily

Debt
Liquid
Low to Moderate Risk
Payout
4.15%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Oct 2022₹1,013.60
Min. SIP amount₹1,000
Rating3
Fund size₹5,672.99Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Liquid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.2%4.2%5.4%6.8%
Category average4.0%3.9%5.1%NA
Rank with in category27611NA
Understand terms

Holdings (28)

NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialCD6.2%
National Bank For Agriculture & Rural DevelopmentFinancialCP5.3%
Axis Bank Ltd.
FinancialCD5.3%
Tata Capital Housing Finance Ltd.
FinancialCP4.4%
Birla Group Holdings Pvt. Ltd.FinancialCP4.3%
Canara Bank
FinancialCD3.5%
Reserve Bank of India
FinancialT-Bills3.5%
Reliance Retail Ventures Ltd.ServicesCP3.5%
Hero FinCorp Ltd.
FinancialCP3.5%
Reliance Retail Ventures Ltd.ServicesCP3.5%
See All

Pros and cons

Category: Debt Liquid

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher expense ratio: 0.17%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.17%

Inclusive of GST

Exit load

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.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000

Fund management

Rahul Singh
Oct 2015 - Present
View details

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).
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
Website
NA
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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