| Launch date | 20 Sep 2024 |
| Allotment date | 11 Oct 2024 |
| End date | 04 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.69%
Inclusive of GST
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹200 |
Fund management
Yogesh PatilSep 2024 - PresentView details
Mahesh BendreSep 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #20 in India |
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| Total AUM | ₹43,883.58Cr |
| Date of Incorporation | 20 Apr 1994 |
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LIC MF Manufacturing 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. Yogesh Patil is the Current Fund Manager of LIC MF Manufacturing Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹43,884 Cr and the Latest NAV as of 18 Dec 2025 is ₹10.03. The LIC MF Manufacturing Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹200. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days. ;
Investment Objective
The scheme seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies following manufacturing theme. ;
| Fund benchmark | Nifty India Manufacturing Total Return Index |
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