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LIC MF Savings Fund Direct Growth+0.01%

7.78%
1 Year Return
Debt
Low Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Savings Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.29%
NAV₹32.92 (27 Jan 2021)
Fund Started02 Jan 2013
Fund Size955 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
7.8%
6.5%
7.2%
7.9%
Category Average
5.9%
5.0%
6.0%
-
Rank Within Category
6
16
14
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 7.8% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.28%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills16.6%
Reserve Bank of IndiaFinancialT-Bills10.4%
Housing Development Finance Corpn. Ltd.FinancialDebenture5.7%
Bajaj Finance Ltd.FinancialDebenture5.4%
Reserve Bank of IndiaFinancialT-Bills5.2%
Export-Import Bank Of IndiaFinancialCD5.2%
Bank Of BarodaFinancialCD5.2%
Hero FinCorp Ltd.FinancialCP5.1%
Housing Development Finance Corpn. Ltd.FinancialNCD2.8%
National Housing BankFinancialDebenture2.8%
See All

Fund Managers

Rahul Singh
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LIC MF Savings Fund Direct Growth Details

LIC MF Savings Fund Direct Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Rahul Singh is the Current Fund Manager of LIC MF Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹955 Cr and the Latest NAV as of 27 Jan 2021 is ₹32.92.

The LIC MF Savings Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme aims to generate income by investing in a portfolio of quality short term debt securities.

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
Nil
Exit Load

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About LIC Mutual Fund

Address
4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
Phone
022-66016000
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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