LIC MF Savings Fund Dividend Monthly+0.01%

3Groww
4.05%
1 Year Return
Debt
Low Duration
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Savings Fund Dividend Monthly

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.83%
NAV10.20 (18 Oct 2019)
Fund Started01 Jan 2009
Fund Size1,022 Cr

Returns

1Y
3Y*
5Y*
Since inception*
LIC MF Savings Fund Dividend Monthly
4.0%
5.7%
6.7%
6.6%
Category Average
3.0%
5.4%
6.5%
-
Rank within category
17
16
14
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 4.0% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Exit load is zero
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyDebenture5.0%
    Cholamandalam Investment & Finance Co. Ltd.FinancialDebenture4.9%
    L&T Infrastructure Finance Co. Ltd.FinancialDebenture4.8%
    Indusind Bank Ltd.FinancialCD4.8%
    National Bank For Agriculture & Rural DevelopmentFinancialCP4.8%
    Small Industries Devp. Bank of India Ltd.FinancialCP4.8%
    HDFC Bank Ltd.FinancialCD4.8%
    Axis Bank Ltd.FinancialCD4.8%
    Bank Of BarodaFinancialCD4.7%
    Small Industries Devp. Bank of India Ltd.FinancialCD4.7%
    See All

    Fund Managers

    addRahul Singh
    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).
    Funds Managed

    Other Details

    LIC MF Savings Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 01 Jan 2009. Rahul Singh is the Current Fund Manager of LIC MF Savings Fund Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹1,022 Cr and the Latest NAV as of 18 Oct 2019 is ₹10.20.

    The LIC MF Savings Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.

    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
    Nil
    Exit Load

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    About LIC Mutual Fund

    Address
    4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
    Phone
    022-66016000
    Launch Date
    19 Apr 1994
    Website
    NA
    LIC Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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