6M
1Y
3Y
5Y
All
Fund Details
LIC MF Savings Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.29% |
| NAV | ₹33.41 (17 Jun 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹1,210 Cr |
Returns
1Y
3Y*
5Y*
Since inception*
Fund Returns
6.4%
6.1%
6.8%
7.8%
Category Average
7.4%
4.9%
5.8%
-
Rank Within Category
9
16
14
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount₹1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
₹0
with 6.4% returns per annum
Comparison
Data not available
Pros
1. Lower expense ratio - 0.29%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Cons
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| 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% |
See All
Fund Managers
Rahul Singh
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 ₹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.
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
E-mail
[email protected]Website
NALIC 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,
Email
[email protected]Website
www.karvymfs.com