Name: LIC MF Savings Fund Growth
Brand: LIC Mutual Fund

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LIC MF Savings Fund Growth
Debt
Low Duration
Low to Moderate Risk
4.29%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jul 2021₹31.74
Min. SIP Amount₹1,000
Rating3star
Fund Size₹1,243.23 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.3%5.4%6.0%6.6%
Category average5.6%4.8%5.7%NA
Rank with in category121714NA
Understand termsinfo
Holdings (35)NameSectorInstrumentAssets
JM Financial Products Ltd.
FinancialBR8.0%
Reserve Bank of India
FinancialT-Bills7.9%
National Highways Authority of India Ltd.
ServicesNCD6.1%
Export-Import Bank Of India
FinancialCD5.9%
Reliance Industries Ltd.EnergyDebenture4.2%
Housing Development Finance Corpn. Ltd.FinancialDebenture4.2%
Housing Development Finance Corpn. Ltd.FinancialDebenture4.1%
Indian Oil Corporation Ltd.EnergyDebenture4.1%
Reserve Bank of India
FinancialT-Bills4.0%
Axis Bank Ltd.FinancialCD3.9%
See All
Pros and consCategory: Debt Low Duration
ProsAge is more than 10 years
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
Exit load is zero
Cons1Y Returns are lower than the category average returns
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 0.83%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹5,000
Min. for SIP₹1,000
Fund managementRahul Singh
Sep 2015 - Present
View Details
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Education
Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Experience
Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
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Fund house & investment objective
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LIC Mutual Fund
Rank (total assets)#20 in India
Total AUM16,906.06 Cr
Date of Incorporation20 Apr 1994
LIC MF Savings Fund Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Rahul
LIC MF Savings Fund Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Rahul Singh is the Current Fund Manager of LIC MF Savings Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹16,906 Cr and the Latest NAV as of 29 Jul 2021 is ₹31.74.
The LIC MF Savings Fund Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. ...Read more
Investment Objective
The scheme aims to generate income by investing in a portfolio of quality short term debt securities.
The scheme aims to generate income by investing in a portfolio of quality short term debt securities.
Fund benchmarkCRISIL Low Duration Debt
descriptionScheme Information Document(SID)
Fund house contact details
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Address
4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
Phone
022-66016000
Launch Date
20 Apr 1994
E-mail
[email protected]
Website
NA
LIC 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
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	1Y	3Y	5Y	All
Fund returns	4.3%	5.4%	6.0%	6.6%
Category average	5.6%	4.8%	5.7%	NA
Rank with in category	12	17	14	NA

Name	Sector	Instrument	Assets
JM Financial Products Ltd.	Financial	BR	8.0%
Reserve Bank of India	Financial	T-Bills	7.9%
National Highways Authority of India Ltd.	Services	NCD	6.1%
Export-Import Bank Of India	Financial	CD	5.9%
Reliance Industries Ltd.	Energy	Debenture	4.2%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	4.2%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	4.1%
Indian Oil Corporation Ltd.	Energy	Debenture	4.1%
Reserve Bank of India	Financial	T-Bills	4.0%
Axis Bank Ltd.	Financial	CD	3.9%

Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹5,000

Rating	3
Fund Size	₹1,243.23 Cr

Rank (total assets)	#20 in India
Total AUM	16,906.06 Cr