Groww Logo
Home>Mutual Funds>LIC Mutual Fund>LIC MF Unit Linked Insurance Scheme Direct IDCW

LIC MF Unit Linked Insurance Scheme Direct IDCW

Hybrid
Aggressive Hybrid
Very High Risk
3Y Lock In
11.44%
3Y annualised
+1.72% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 May 2022₹27.21
Min. SIP amountNA
Rating3
Fund size₹413.70Cr

Returns and rankings

Category: Hybrid Aggressive Hybrid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns11.3%11.4%10.6%11.5%
Category average42.2%12.7%12.2%NA
Rank with in category82213NA
Understand terms

Holdings (44)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills18.6%
Infosys Ltd.TechnologyEquity7.6%
ICICI Bank Ltd.FinancialEquity6.3%
HDFC Bank Ltd.FinancialEquity5.5%
Tata Consultancy Services Ltd.TechnologyEquity4.2%
Avenue Supermarts Ltd.ServicesEquity3.9%
Bajaj Finance Ltd.FinancialEquity3.6%
Titan Company Ltd.Consumer DiscretionaryEquity2.5%
Reliance Industries Ltd.EnergyEquity2.4%
Atul Ltd.ChemicalsEquity2.1%
See All

Expense ratio, exit load and tax

Expense ratio: 1.63%

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 investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Yogesh Patil
Sep 2020 - Present
View details

Education
Mr. Patil is an MBA (Finance).
Experience
Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
Also manages these schemes

Sanjay Pawar
Jan 2022 - Present
View details

Education
Mr. Pawar is a B.Com, MBA
Experience
Prior to joining LIC Mutual Fund, he has worked with Taurus Mutual Fund, Edelweiss Securities Ltd., CRISIL Limited, ICAP.
Also manages these schemes

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

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
Website
NA
Amc Image
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,

Compare funds

LIC MF Unit Linked Insurance Scheme Direct IDCW
VS
Add mutual fund to compare

FAQs

How to Invest in LIC MF Unit Linked Insurance Scheme Direct IDCW?

You can easily invest in LIC MF Unit Linked Insurance Scheme Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for LIC MF Unit Linked Insurance Scheme Direct IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in LIC MF Unit Linked Insurance Scheme Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF Unit Linked Insurance Scheme Direct IDCW provide?

The LIC MF Unit Linked Insurance Scheme Direct IDCW has been there from 01 Mar 2013 and the average annual returns provided by this fund is 11.31% since its inception.

How much expense ratio is charged by LIC MF Unit Linked Insurance Scheme Direct IDCW?

The term Expense Ratio used for LIC MF Unit Linked Insurance Scheme Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of LIC MF Unit Linked Insurance Scheme Direct IDCW is 1.63% as of 23 May 2022...

What is the AUM of LIC MF Unit Linked Insurance Scheme Direct IDCW?

The AUM, short for Assets Under Management of LIC MF Unit Linked Insurance Scheme Direct IDCW is ₹413.70Cr as of 23 May 2022.

How to Redeem LIC MF Unit Linked Insurance Scheme Direct IDCW?

If you want to sell your LIC MF Unit Linked Insurance Scheme Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of LIC MF Unit Linked Insurance Scheme Direct IDCW?

You can select either SIP or Lumpsum investment of LIC MF Unit Linked Insurance Scheme Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of LIC MF Unit Linked Insurance Scheme Direct IDCW?

The NAV of LIC MF Unit Linked Insurance Scheme Direct IDCW is ₹27.21 as of 20 May 2022.

What is the PE and PB ratio of LIC MF Unit Linked Insurance Scheme Direct IDCW?

The PE ratio ratio of LIC MF Unit Linked Insurance Scheme Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.3.9
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI