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LIC MF Savings Fund Direct Growth

Debt
Low Duration
Low to Moderate Risk
5.19%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 17 Jan 2022₹34.16
Min. SIP amount₹1,000
Rating2
Fund size₹1,203.39Cr

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.8%5.2%6.1%7.4%
Category average5.6%4.8%5.7%NA
Rank with in category211615NA
Understand terms

Holdings (30)

NameSectorInstrumentAssets
GOI
SovereignCGL12.8%
FinancialDebenture6.7%
FinancialCP6.2%
EnergyDebenture4.5%
FinancialDebenture4.3%
EnergyDebenture4.3%
TVS Credit Services Ltd.
FinancialCP4.2%
FinancialCP4.1%
Axis Bank Ltd.
FinancialCD4.1%
Kotak Mahindra Bank Ltd.
FinancialCD4.1%
See All

Pros and cons

Category: Debt Low Duration

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 1.46 The fund has generated returns higher than benchmark - CRISIL Low Duration Debt - in the last 3Y
Exit load is zero
Lower expense ratio: 0.29%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
1Y category rank: 3

Cons

1Y annualised returns lower than category average by 1.33%
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.29%

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 house & investment objective

Fund house contact details

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FAQs

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