|Min SIP Amount||₹1000|
|NAV||₹20.41 (20 Jan 2021)|
|Fund Started||25 Feb 2015|
|Fund Size||₹930 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.3%|
|ICICI Bank Ltd.||Financial||Equity||7.0%|
|Bajaj Finance Ltd.||Financial||Equity||3.6%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.4%|
|Tata Chemicals Ltd.||Chemicals||Equity||3.2%|
|Tata Consumer Products Ltd.||FMCG||Equity||3.0%|
|Voltas Ltd.||Cons Durable||Equity||2.9%|
|Reliance Industries Ltd.||Energy||Equity||2.8%|
|Avenue Supermarts Ltd.||Services||Equity||2.8%|
LIC MF Large & Mid Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 25 Feb 2015. Sachin Relekar is the Current Fund Manager of LIC MF Large & Mid Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹930 Cr and the Latest NAV as of 20 Jan 2021 is ₹20.41.
The LIC MF Large & Mid Cap Fund Direct Growth is rated Moderately 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 scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of large cap and midcap companies.
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.