LIC Nomura MF Index Sensex Advantage Fund Direct Growth

LIC Nomura MF Index Sensex Advantage Fund Direct Growth

Equity
Large Cap
NAV: NA
₹0.00
Min. for SIP
Not Supported
Fund size
₹0.00 Cr
Expense ratio
N.A

Minimum investments

Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported

Returns and rankings

Annualised returns
Absolute returns
Name1M3M6MAll
Fund returns--------
Category average (Equity Large Cap)--------
Rank (Equity Large Cap)--------

Exit load, stamp duty and tax

Exit load

Exit load of 1% if redeemed within 1 month

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.

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About LIC Nomura MF Index Sensex Advantage Fund Direct Growth

LIC Nomura MF Index Sensex Advantage 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. The fund currently has an Asset Under Management(AUM) of ₹44,738 Cr and the Latest NAV as of null is NA. The LIC Nomura MF Index Sensex Advantage Fund Direct Growth is rated NA risk. Exit load of 1% if redeemed within 1 month ;

Investment Objective

The scheme aims to generate returns by investing ninety per cent of its assets in the Sensex stocks and ten to twenty per cent in a basket of non-index stocks, subject to tracking errors.
Fund benchmarkBSE Sensex Index

Fund house

Rank (total assets)#20 in India
Total AUM₹44,738.19 Cr
Date of Incorporation20 Apr 1994
Phone022-66016177 / 022-66016178
Launch Date20 Apr 1994
AddressIndustrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
CustodianStock Holding Corp. of India Ltd.
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,