1M
6M
1Y
3Y
5Y
All
| NAV: 12 Jan 2025 | ₹1,305.67 |
| Min. SIP amount | ₹200 |
| Rating | 3 |
| Fund size | ₹869.37Cr |
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 Overnight
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 6.7% | 6.1% | 5.0% | 5.0% |
| Category average | 6.6% | 6.0% | 4.8% | NA |
| Rank with in category | 19 | 11 | 11 | NA |
Understand terms
Peer Comparison
| Debt, Overnight funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Axis Overnight Fund Direct Growth | 5 | 6.8% | 6.1% | 8,135.21 |
Nippon India Overnight Fund Direct Growth | 4 | 6.7% | 6.1% | 8,049.99 |
DSP Overnight Fund Direct Growth | 4 | 6.7% | 6.1% | 2,145.55 |
Aditya Birla Sun Life Overnight Fund Direct Growth | 4 | 6.7% | 6.1% | 7,875.77 |
Quant Overnight Fund Direct Growth | 5 | 7.0% | NA | 203.36 |
Holdings (7)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | CD | 6.77% |
Punjab National Bank | Financial | CD | 6.77% |
National Bank For Agriculture & Rural Development | Financial | CP | 6.77% |
Indian Bank | Financial | CD | 5.42% |
Reserve Bank of India | Financial | T-Bills | 1.89% |
Reserve Bank of India | Financial | T-Bills | 0.54% |
Reserve Bank of India | Financial | T-Bills | 0.54% |
Expense ratio, exit load and tax
Expense ratio: 0.07%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹200 |
Fund management
Rahul SinghJul 2019 - PresentView details
Rahul Singh
Jul 2019 - 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 BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Launch Date
20 Apr 1994
E-mail
[email protected]Website
www.licmf.com
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.comCompare funds
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