LIC MF Savings Fund Direct Growth

Debt
Low Duration
Low to Moderate Risk
5.58%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Mar 2023₹36.15
Min. SIP amount₹1,000
Rating3
Fund size₹707.47Cr

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 returns5.1%5.6%5.5%7.1%
Category average4.7%5.3%5.4%NA
Rank with in category161116NA
Understand terms

Holdings (23)

NameSectorInstrumentAssets
GOISovereignGOI Sec7.2%
Oil & Natural Gas Corporation Ltd.EnergyDebenture7.0%
Canara Bank
FinancialCD6.8%
Bank Of Baroda
FinancialCD6.7%
Axis Bank Ltd.
FinancialCD6.7%
National Housing Bank
FinancialDebenture3.7%
National Housing BankFinancialDebenture3.7%
REC Ltd.FinancialNCD3.6%
REC Ltd.FinancialNCD3.6%
HDFC Bank Ltd.
FinancialCD3.5%
See All

Expense ratio, exit load and tax

Expense ratio: 0.27%

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 investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000

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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