LIC MF Tax Direct Plan Dividend is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Sachin Relekar is the Current Fund Manager of LIC MF Tax Direct Plan Dividend.The fund currently has an Asset Under Management(AUM) of ₹220 Cr and the Latest NAV as of 16 Aug 2019 is ₹17.9.
The LIC MF Tax Direct Plan Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
To provide long term capital appreciation and tax saving u/s 88 of IT Act
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment