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. SIP amount
Not Supported
Fund size
₹0.00 Cr
Expense ratio
0.00%

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 ₹45,363 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₹45,363.42 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,