|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹31.40 (16 Apr 2021)|
|Fund Started||29 May 2003|
|Fund Size||₹845 Cr|
|Reserve Bank of India||Financial||T-Bills||18.9%|
|Reliance Industries Ltd.||Energy||Debenture||6.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||6.1%|
|Network 18 Media & Investments Ltd.||Services||CP||5.9%|
|Bank Of Baroda||Financial||CD||5.9%|
|Hero FinCorp Ltd.||Financial||CP||5.9%|
|Birla Group Holdings Pvt. Ltd.||Financial||CP||5.8%|
|Reserve Bank of India||Financial||T-Bills||4.7%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||3.2%|
|National Housing Bank||Financial||Debenture||3.2%|
LIC MF Savings Fund Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 29 May 2003. Rahul Singh is the Current Fund Manager of LIC MF Savings Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹845 Cr and the Latest NAV as of 16 Apr 2021 is ₹31.40.
The LIC MF Savings Fund 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.