|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹33.41 (17 Jun 2021)|
|Fund Started||02 Jan 2013|
|Fund Size||₹1,210 Cr|
|Reserve Bank of India||Financial||T-Bills||8.1%|
|National Highways Authority of India Ltd.||Services||NCD||6.2%|
|Reliance Industries Ltd.||Energy||Debenture||4.3%|
|Power Finance Corpn. Ltd.||Financial||Debenture||4.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||4.3%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||4.2%|
|Bank Of Baroda||Financial||CD||4.1%|
|Birla Group Holdings Pvt. Ltd.||Financial||CP||4.1%|
|Hero FinCorp Ltd.||Financial||CP||4.1%|
|Hindustan Petroleum Corpn. Ltd.||Energy||CP||4.1%|
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 ₹1,210 Cr and the Latest NAV as of 17 Jun 2021 is ₹33.41.
The LIC MF Savings Fund Direct Growth is rated Low to 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.