LIC MF Unit Linked Insurance Scheme Direct IDCW

Hybrid
Aggressive Hybrid
Very High Risk
3Y Lock In
14.15%
3Y annualised
-1.19% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 15 Apr 2024₹35.41
Min. SIP amountNot Supported
Rating2
Fund size₹476.53Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Aggressive Hybrid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns21.6%14.2%12.8%12.0%
Category average29.4%16.0%14.0%NA
Rank with in category403529NA
Understand terms

Holdings (54)

NameSectorInstrumentAssets
SovereignGOI Sec9.72%
FinancialEquity7.31%
Karnataka State
OthersSDL5.51%
SovereignGOI Sec5.44%
TechnologyEquity4.65%
FinancialEquity4.35%
ConstructionEquity4.06%
ServicesEquity3.73%
TechnologyEquity3.10%
Consumer DiscretionaryEquity2.73%
See All

Expense ratio, exit load and tax

Expense ratio: 1.48%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Dikshit Mittal
Sep 2021 - Present
View details

Education
Mr. Mittal is a MBA (Finance) - ICFAI Busines School, Hyderabad. B-Tech (Chemical) - Punjab Technical University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.
Also manages these schemes

Pratik Harish Shroff
Sep 2023 - Present
View details

Education
Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience
Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Launch Date
20 Apr 1994
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,

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