LIC MF Liquid Fund Direct Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Rahul Singh is the Current Fund Manager of LIC MF Liquid Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹9,403 Cr and the Latest NAV as of 20 Nov 2019 is ₹3529.03.
The LIC MF Liquid Fund Direct Growth 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