| Launch date | 24 Jan 2025 |
| Allotment date | 14 Feb 2025 |
| End date | 07 Feb 2025 |
| NAV | ₹10.00 |
Inclusive of GST
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
0.005% (from July 1st, 2020)
If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹200 |
| Rank (total assets) | #20 in India |
|---|---|
| Total AUM | ₹43,883.58Cr |
| Date of Incorporation | 20 Apr 1994 |
|---|
LIC MF Multi Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Sumit Bhatnagar is the Current Fund Manager of LIC MF Multi Asset Allocation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹43,884 Cr and the Latest NAV as of 12 Dec 2025 is ₹12.23. The LIC MF Multi Asset Allocation 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 3 months. ;
The scheme is to generate long term capital appreciation by investing in diversified portfolio of equity & equity related instruments, debt & money market instruments and units of Gold Exchange Traded Funds (ETFs). ;
| Fund benchmark | NA |
|---|
| Hybrid, Multi Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Multi Asset Allocation Fund Direct Growth | 4 | 16.4% | 21.2% | 8,722.27 |
UTI Multi Asset Allocation Fund Direct Growth | 3 | 10.2% | 20.6% | 6,551.14 |
ICICI Prudential Multi Asset Fund Direct Growth | 5 | 15.7% | 20.0% | 75,067.36 |
SBI Multi Asset Allocation Fund Direct Growth | 4 | 16.1% | 18.6% | 12,011.68 |
HDFC Multi Asset Allocation Fund Direct Growth | 3 | 12.1% | 15.7% | 5,303.17 |