LIC MF Savings Fund IDCW Daily

Debt
Low Duration
Low to Moderate Risk
Payout
4.99%
3Y annualised
-0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 Sep 2022₹10.54
Min. SIP amountNot Supported
Rating2
Fund size₹1,011.16Cr

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 Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.0%5.0%5.0%6.4%
Category average3.8%5.3%5.3%NA
Rank with in category181317NA
Understand terms

Holdings (30)

NameSectorInstrumentAssets
Kotak Mahindra Bank Ltd.
FinancialCD7.0%
Oil & Natural Gas Corporation Ltd.EnergyDebenture5.0%
Indian Oil Corporation Ltd.EnergyDebenture5.0%
HDFC Securities Ltd.FinancialCP4.9%
Export-Import Bank Of India
FinancialCD4.9%
Axis Bank Ltd.
FinancialCD4.9%
Reserve Bank of India
FinancialT-Bills4.9%
Reserve Bank of India
FinancialT-Bills4.8%
L&T Finance Ltd.
FinancialCP4.7%
HDFC Bank Ltd.
FinancialCD4.6%
See All

Expense ratio, exit load and tax

Expense ratio: 0.83%

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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Rahul Singh
Sep 2015 - 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 Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
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,

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