LIC MF Unit Linked Insurance Scheme Direct Dividend is a Speciality Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Marzban Irani, Sachin Relekar is the Current Fund Manager of LIC MF Unit Linked Insurance Scheme Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹299 Cr and the Latest NAV as of 20 Nov 2019 is ₹20.83.
The LIC MF Unit Linked Insurance Scheme Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Nil.
Investment Objective
An open ended scheme which seeks to generate long term capital appreciation and offer Tax benefits u/s 80C of the Income Tax Act as well as additional benefits of a life cover and free accident insurance cover.
Tax Implications
Scheme Information Document(SID)
₹10000
Min for First Investment
₹1
Min for Second Investment