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LIC MF Technology Fund Direct Growth
NAV: 08 Apr '26
₹10.35
Min. for SIP
₹200
Fund size (AUM)
--
Expense ratio
0.61%
Rating
--
Minimum investments
Min. for 1st investment
₹1,000
Min. for 2nd investment
₹500
Min. for SIP
₹200
Returns and rankings
Annualised returns
Absolute returns
| Name | 1M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | -- | -- | -- | +1.0% |
| Category average (Equity Sectoral) | -- | -- | -- | -- |
| Rank (Equity Sectoral) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
SBSumit BhatnagarApr 2026 - PresentView details
SB
Sumit Bhatnagar
Apr 2026 - Present
View details
About LIC MF Technology Fund Direct Growth
LIC MF Technology Fund Direct Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Sumit Bhatnagar is the Current Fund Manager of LIC MF Technology Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹47,476 Cr and the Latest NAV as of 08 Apr 2026 is ₹10.35.
The LIC MF Technology Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹200. Minimum Lumpsum Investment is ₹1,000. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
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Investment Objective
The scheme seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of technology & technology-related companies.
Fund benchmarkBSE Teck Total Return Index
Fund house
Rank (total assets)#20 in India
Total AUM₹47,476.48 Cr
Date of Incorporation20 Apr 1994
Launch Date20 Apr 1994
AddressIndustrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,