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LIC Nomura MF Index Sensex Advantage Fund Direct Growth
NAV: --
₹0.00
Min. for SIP
Not Supported
Fund size (AUM)
--
Expense ratio
1.28%
Rating
--
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
| Name | 1M | 3M | 6M | All |
|---|---|---|---|---|
| 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.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +2.24% | +16.38% | 1,721.89 | |
 | -0.22% | +15.65% | 51,690.28 | |
 | +1.34% | +15.64% | 1,163.57 | |
 | -1.66% | +15.09% | 75,650.43 | |
 | -2.90% | +14.86% | 7,192.01 | |
| Compare | ||||
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 ₹48,379 Cr and the Latest NAV as of null is NA.
The LIC Nomura MF Index Sensex Advantage Fund Direct Growth is rated -- 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₹48,379.12 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,