Name: LIC MF Debt Hybrid Fund Direct Growth
Brand: LIC Mutual Fund

Home>Mutual Funds>LIC Mutual Fund>LIC MF Debt Hybrid Fund Direct Growth

bookmark_border
share
LIC MF Debt Hybrid Fund Direct Growth
Hybrid
Conservative Hybrid
Moderate Risk
10.42%
3Y annualised
-0.28% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 21 Oct 2021₹72.48
Min. SIP amount₹1,000
Rating3star
Fund size₹83.85 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Conservative Hybrid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns11.8%10.4%7.6%8.5%
Category average14.2%7.4%7.4%NA
Rank with in category281622NA
Understand termsinfo
Holdings (18)NameSectorInstrumentAssets
GOI
SovereignGOI Sec31.9%
Reserve Bank of India
FinancialT-Bills24.2%
Reserve Bank of India
FinancialT-Bills13.7%
Infosys Ltd.
TechnologyEquity4.9%
ICICI Bank Ltd.
FinancialEquity3.9%
GOI
SovereignGOI Sec3.1%
Larsen & Toubro Infotech Ltd.
TechnologyEquity2.8%
HDFC Bank Ltd.
FinancialEquity2.0%
Hindustan Unilever Ltd.
FMCGEquity1.9%
Nestle India Ltd.
FMCGEquity1.8%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Hybrid Conservative Hybrid
thumb_up_altPros
3Y and 5Y annualised returns higher than category average
Higher alpha: 2.14
The fund has generated returns higher than benchmark - CRISIL Hybrid 85+15 Conservative Index - in the last 3Y 
Lower expense ratio: 1.5%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
thumb_down_altCons
Lower AUM: 83Cr.
Funds with lower AUM tend to have higher expense ratio
1Y annualised returns lower than category average by 2.44%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2021 - Present
1.50%
31 Aug 2021 - 30 Sep 2021
1.50%
31 Jul 2021 - 31 Aug 2021
1.50%
30 Jun 2021 - 31 Jul 2021
1.50%
31 May 2021 - 30 Jun 2021
1.50%
30 Apr 2021 - 31 May 2021
1.50%
31 Mar 2021 - 30 Apr 2021
1.50%
28 Feb 2021 - 31 Mar 2021
1.50%
31 Jan 2021 - 28 Feb 2021
1.50%
31 Dec 2020 - 31 Jan 2021
1.50%
30 Nov 2020 - 31 Dec 2020
1.50%
31 Oct 2020 - 30 Nov 2020
1.27%
30 Sep 2020 - 31 Oct 2020
1.27%
31 Aug 2020 - 30 Sep 2020
1.27%
31 Jul 2020 - 31 Aug 2020
1.23%
30 Jun 2020 - 31 Jul 2020
1.22%
31 May 2020 - 30 Jun 2020
1.18%
30 Apr 2020 - 31 May 2020
1.18%
31 Mar 2020 - 30 Apr 2020
1.17%
29 Feb 2020 - 31 Mar 2020
1.20%
31 Jan 2020 - 29 Feb 2020
1.20%
31 Dec 2019 - 31 Jan 2020
1.20%
30 Nov 2019 - 31 Dec 2019
1.19%
31 Oct 2019 - 30 Nov 2019
1.18%
30 Sep 2019 - 31 Oct 2019
1.18%
31 Aug 2019 - 30 Sep 2019
1.18%
31 Jul 2019 - 31 Aug 2019
1.18%
30 Jun 2019 - 31 Jul 2019
1.18%
31 May 2019 - 30 Jun 2019
1.19%
30 Apr 2019 - 31 May 2019
1.19%
31 Mar 2019 - 30 Apr 2019
0.50%
28 Feb 2019 - 31 Mar 2019
1.64%
31 Jan 2019 - 28 Feb 2019
1.65%
31 Dec 2018 - 31 Jan 2019
1.77%
30 Nov 2018 - 31 Dec 2018
1.79%
31 Oct 2018 - 30 Nov 2018
1.79%
30 Sep 2018 - 31 Oct 2018
2.79%
31 Aug 2018 - 30 Sep 2018
1.80%
31 Jul 2018 - 31 Aug 2018
1.79%
30 Jun 2018 - 31 Jul 2018
1.68%
31 May 2018 - 30 Jun 2018
1.65%
30 Apr 2018 - 31 May 2018
1.67%
31 Mar 2018 - 30 Apr 2018
1.72%
28 Feb 2018 - 31 Mar 2018
1.70%
31 Jan 2018 - 28 Feb 2018
1.67%
31 Dec 2017 - 31 Jan 2018
1.72%
30 Nov 2017 - 31 Dec 2017
1.73%
31 Oct 2017 - 30 Nov 2017
1.73%
Expense ratio, exit load and taxExpense ratio: 1.50%Inclusive of GST
Exit loadFor units more than 12% of the investments, an exit load of 1% if redeemed within 12 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000
Fund managementMarzban Irani
Aug 2016 - Present
View details
keyboard_arrow_down
Education
Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai.
Experience
Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.
Also manages these schemes
LIC MF Bond Fund IDCW Quarterly
LIC MF Bond Fund Growth
LIC MF Govt. Securities Fund IDCW
LIC MF Govt. Securities Fund Growth
LIC MF Govt. Securities PF Plan IDCW
LIC MF Govt. Securities PF Plan Growth
LIC MF Equity Hybrid Fund IDCW
LIC MF Equity Hybrid Fund Growth
LIC MF Unit Linked Insurance Scheme
LIC MF Children's Gift Fund Growth
LIC MF Debt Hybrid Fund IDCW Monthly
LIC MF Debt Hybrid Fund IDCW Quarterly
LIC MF Debt Hybrid Fund IDCW Yearly
LIC MF Debt Hybrid Fund Growth
LIC MF Banking & PSU Debt Fund IDCW Daily
LIC MF Banking & PSU Debt Fund Growth
LIC MF Banking & PSU Debt Fund IDCW Monthly
LIC MF Banking & PSU Debt Fund IDCW Weekly
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Equity Hybrid Fund Direct IDCW
LIC MF Equity Hybrid Fund Direct Growth
LIC MF Debt Hybrid Fund Direct IDCW Quarterly
LIC MF Debt Hybrid Fund Direct IDCW Yearly
LIC MF Debt Hybrid Fund Direct Growth
LIC MF Debt Hybrid Fund Direct IDCW Monthly
LIC MF Bond Fund Direct IDCW Quarterly
LIC MF Bond Fund Direct Growth
LIC MF Govt. Securities Fund Direct Growth
LIC MF Govt. Securities Fund Direct IDCW
LIC MF Children's Gift Fund Direct Growth
LIC MF Banking & PSU Debt Fund Direct IDCW Weekly
LIC MF Banking & PSU Debt Fund Direct IDCW Daily
LIC MF Banking & PSU Debt Fund Direct Growth
LIC MF Banking & PSU Debt Fund Direct IDCW Monthly
LIC MF G Sec Long Term Exchange Traded Fund Growth
LIC MF Dual Advantage Fixed Term Plan Series I Regular Growth
LIC MF Dual Advantage Fixed Term Plan Series 2 Direct Growth
LIC MF Dual Advantage Fixed Term Plan Series 3 Direct Growth
LIC MF Dual Advantage Fixed Term Plan Series 3 Regular Growth
LIC MF Arbitrage Fund Regular Growth
LIC MF Arbitrage Fund Direct IDCW Monthly
LIC MF Arbitrage Fund Direct Growth
LIC MF Short Term Debt Fund Regular Growth
LIC MF Short Term Debt Fund Direct Growth
Yogesh Patil
Oct 2018 - Present
View details
keyboard_arrow_down
Education
Mr. Patil is an MBA (Finance).
Experience
Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
Also manages these schemes
LIC MF Flexi Cap Fund IDCW
LIC MF Flexi Cap Fund Growth
LIC MF Equity Hybrid Fund IDCW
LIC MF Equity Hybrid Fund Growth
LIC MF Unit Linked Insurance Scheme
LIC MF Large Cap Fund IDCW
LIC MF Tax Plan IDCW
LIC MF Tax Plan Growth
LIC MF Index Sensex Fund IDCW
LIC MF Index Sensex Fund Growth
LIC MF Index Nifty Fund IDCW
LIC MF Index Nifty Fund Growth
LIC MF Children's Gift Fund Growth
LIC MF Debt Hybrid Fund IDCW Monthly
LIC MF Debt Hybrid Fund IDCW Quarterly
LIC MF Debt Hybrid Fund IDCW Yearly
LIC MF Debt Hybrid Fund Growth
LIC MF Large Cap Fund Growth
LIC MF Infrastructure Fund Growth
LIC MF Infrastructure Fund IDCW
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Equity Hybrid Fund Direct IDCW
LIC MF Equity Hybrid Fund Direct Growth
LIC MF Flexi Cap Fund Direct IDCW
LIC MF Flexi Cap Fund Direct Growth
LIC MF Large Cap Fund Direct Growth
LIC MF Large Cap Fund Direct IDCW
LIC MF Tax Direct Plan IDCW
LIC MF Tax Direct Plan Growth
LIC MF Debt Hybrid Fund Direct IDCW Quarterly
LIC MF Debt Hybrid Fund Direct IDCW Yearly
LIC MF Debt Hybrid Fund Direct Growth
LIC MF Debt Hybrid Fund Direct IDCW Monthly
LIC MF Children's Gift Fund Direct Growth
LIC MF Index Nifty Fund Direct Growth
LIC MF Index Sensex Fund Direct Growth
LIC MF Index Nifty Fund Direct IDCW
LIC MF Index Sensex Fund Direct IDCW
LIC MF Infrastructure Fund Direct IDCW
LIC MF Infrastructure Fund Direct Growth
LIC MF Large & Mid Cap Fund Direct IDCW
LIC MF Large & Mid Cap Fund Direct Growth
LIC MF Large & Mid Cap Fund Regular Growth
LIC MF Large & Mid Cap Fund Regular IDCW
LIC MF Banking & Financial Services Fund Direct IDCW
LIC MF Banking & Financial Services Fund Regular IDCW
LIC MF Banking & Financial Services Fund Regular Growth
LIC MF Banking & Financial Services Fund Direct Growth
LIC MF Arbitrage Fund Regular Growth
LIC MF Arbitrage Fund Direct IDCW Monthly
LIC MF Arbitrage Fund Direct Growth
Karan Doshi
Jan 2021 - Present
View details
keyboard_arrow_down
Education
Mr. Doshi is a Bachelor of Engineering, MMS (Finance)
Experience
Prior to joining LIC Mutual Fund, he has worked with Subhkam Ventures Pvt. Limited as Equity Analyst.
Also manages these schemes
LIC MF Equity Hybrid Fund IDCW
LIC MF Equity Hybrid Fund Growth
LIC MF Children's Gift Fund Growth
LIC MF Debt Hybrid Fund IDCW Monthly
LIC MF Debt Hybrid Fund IDCW Quarterly
LIC MF Debt Hybrid Fund IDCW Yearly
LIC MF Debt Hybrid Fund Growth
LIC MF Equity Hybrid Fund Direct IDCW
LIC MF Equity Hybrid Fund Direct Growth
LIC MF Debt Hybrid Fund Direct IDCW Quarterly
LIC MF Debt Hybrid Fund Direct IDCW Yearly
LIC MF Debt Hybrid Fund Direct Growth
LIC MF Debt Hybrid Fund Direct IDCW Monthly
LIC MF Children's Gift Fund Direct Growth
Fund house & investment objective
keyboard_arrow_down
LIC Mutual Fund
Rank (total assets)#20 in India
Total AUM16,906.06 Cr
Date of Incorporation20 Apr 1994
LIC MF Debt Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Ap
LIC MF Debt Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Marzban Irani, Ramnath Venkateswaran is the Current Fund Manager of LIC MF Debt Hybrid Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹16,906 Cr and the Latest NAV as of 21 Oct 2021 is ₹72.48.
The LIC MF Debt Hybrid Fund Direct Growth is rated Moderate 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....Read more
Investment Objective
The scheme has the primary objective to give steady income by investing at least 65 per cent of its portfolio in fixed income securities. Exposure to 
The scheme has the primary objective to give steady income by investing at least 65 per cent of its portfolio in fixed income securities. Exposure to equity and money market instrument can range go up to 35 per cent each.
...Read more
Fund benchmarkCRISIL Hybrid 85+15 Conservative Index
descriptionScheme Information Document(SID)
Fund house contact details
keyboard_arrow_down
Address
4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
Phone
022-66016000
Launch Date
20 Apr 1994
E-mail
[email protected]
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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
LIC MF Debt Hybrid Fund Direct Growth
VS
Add mutual fund to compare

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
Contact Us
PRODUCTS
StocksFutures & OptionsMutual FundsFixed DepositUS Stocks
GROWW
About UsPricingBlogMedia & PressCareersHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww DigestSitemap
ⓒ 2016-2021 Groww. All rights reserved, Built with ♥in India

	1Y	3Y	5Y	All
Fund returns	11.8%	10.4%	7.6%	8.5%
Category average	14.2%	7.4%	7.4%	NA
Rank with in category	28	16	22	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	31.9%
Reserve Bank of India	Financial	T-Bills	24.2%
Reserve Bank of India	Financial	T-Bills	13.7%
Infosys Ltd.	Technology	Equity	4.9%
ICICI Bank Ltd.	Financial	Equity	3.9%
GOI	Sovereign	GOI Sec	3.1%
Larsen & Toubro Infotech Ltd.	Technology	Equity	2.8%
HDFC Bank Ltd.	Financial	Equity	2.0%
Hindustan Unilever Ltd.	FMCG	Equity	1.9%
Nestle India Ltd.	FMCG	Equity	1.8%

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

Rating	3
Fund size	₹83.85 Cr