| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.83% |
| NAV | ₹30.58 (21 Sep 2020) |
|---|---|
| Fund Started | 29 May 2003 |
| Fund Size | ₹892 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 11.3% |
| Reliance Industries Ltd. | Energy | Debenture | 5.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 5.7% |
| Bajaj Finance Ltd. | Financial | Debenture | 5.6% |
| Larsen & Toubro Ltd. | Construction | CP | 5.6% |
| National Bank For Agriculture & Rural Development | Financial | CD | 5.5% |
| Bank Of Baroda | Financial | CD | 5.4% |
| Hero FinCorp Ltd. | Financial | CP | 5.4% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 5.0% |
| Reserve Bank of India | Financial | T-Bills | 4.4% |
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 ₹892 Cr and the Latest NAV as of 21 Sep 2020 is ₹30.58.
The LIC MF Savings Fund Growth 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.