LIC MF Debt Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Marzban Irani, Ramnath Venkateswaran is the Current Fund Manager of LIC MF Debt Hybrid Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹67 Cr and the Latest NAV as of 20 Sep 2019 is ₹58.85.
The LIC MF Debt Hybrid Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months..
Investment Objective
The investment objective of the Scheme is to generate regular income by investing mainly in quality debt and money market instruments. It also seeks to generate capital appreciation in a long term by investing in equity / equity related instruments.
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
For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months.
Exit Load