LIC MF Savings Fund Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 29 May 2003. Rahul Singh is the Current Fund Manager of LIC MF Savings Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹1,022 Cr and the Latest NAV as of 14 Oct 2019 is ₹28.56.
The LIC MF Savings Fund Growth is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 3%, if redeemed within 6 months..
Investment Objective
To generate income by investing quality short term debt securities.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹500
Min for Second Investment
Exit load of 3%, if redeemed within 6 months.
Exit Load