|Min SIP Amount||₹1000|
|NAV||₹11.30 (28 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹986 Cr|
|Reserve Bank of India||Financial||T-Bills||10.0%|
|Reliance Industries Ltd.||Energy||Debenture||5.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||5.2%|
|Bajaj Finance Ltd.||Financial||Debenture||5.1%|
|Larsen & Toubro Ltd.||Construction||CP||5.0%|
|National Bank For Agriculture & Rural Development||Financial||CD||5.0%|
|Bank Of Baroda||Financial||CD||4.9%|
|Hero FinCorp Ltd.||Financial||CP||4.9%|
|Reserve Bank of India||Financial||T-Bills||4.0%|
LIC MF Savings Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Rahul Singh is the Current Fund Manager of LIC MF Savings Fund Direct Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹986 Cr and the Latest NAV as of 28 Oct 2020 is ₹11.30.
The LIC MF Savings Fund Direct Dividend Weekly 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.