Risk | Moderate |
---|---|
Min SIP Amount | ₹1000 |
Expense Ratio | 0.29% |
NAV | ₹32.92 (27 Jan 2021) |
---|---|
Fund Started | 02 Jan 2013 |
Fund Size | ₹955 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 16.6% |
Reserve Bank of India | Financial | T-Bills | 10.4% |
Housing Development Finance Corpn. Ltd. | Financial | Debenture | 5.7% |
Bajaj Finance Ltd. | Financial | Debenture | 5.4% |
Reserve Bank of India | Financial | T-Bills | 5.2% |
Export-Import Bank Of India | Financial | CD | 5.2% |
Bank Of Baroda | Financial | CD | 5.2% |
Hero FinCorp Ltd. | Financial | CP | 5.1% |
Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.8% |
National Housing Bank | Financial | Debenture | 2.8% |
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.
The scheme aims to generate income by investing in a portfolio of quality short term debt securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.