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LIC Nomura MF Rajiv Gandhi Equity Saving Scheme Series 1 Direct Growth
NAV: 17 Mar '16
₹13.39
Min. for SIP
Not Supported
Fund size (AUM)
--
Expense ratio
--
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
Nil
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) | |
|---|---|---|---|---|
 | -2.25% | +12.29% | 1,925.14 | |
 | -4.49% | +11.17% | 2,097.65 | |
 | -8.35% | +9.09% | 51,296.06 | |
 | -9.05% | +8.89% | 76,352.23 | |
 | -7.56% | +7.04% | 37,293.95 | |
| Compare | ||||
About LIC Nomura MF Rajiv Gandhi Equity Saving Scheme Series 1 Direct Growth
LIC Nomura MF Rajiv Gandhi Equity Saving Scheme Series 1 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 ₹46,537 Cr and the Latest NAV as of 17 Mar 2016 is ₹13.39.
The LIC Nomura MF Rajiv Gandhi Equity Saving Scheme Series 1 Direct Growth is rated -- risk.
;
Investment Objective
The scheme seeks to generate capital appreciation by investing in equity securities which are specified as eligible securities for Rajiv Gandhi Equity Savings Scheme. A certain portion will also be invested in cash and money market instruments.
Fund benchmarkBSE 100 Index
Fund house
Rank (total assets)#20 in India
Total AUM₹46,536.82 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,