LIC MF Equity Savings Fund Direct Growth

Hybrid
Equity Savings
Moderately High Risk
8.99%
3Y annualised
+0.31% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Dec 2023₹25.73
Min. SIP amount₹500
Rating1
Fund size₹9.41Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.2%9.0%8.7%7.6%
Category average9.6%9.5%8.4%NA
Rank with in category221815NA
Understand terms

Holdings (34)

NameSectorInstrumentAssets
LIC MF Liquid Fund - Direct Plan
NAMutual Fund12.9%
Metals & MiningEquity6.9%
FinancialEquity5.7%
TechnologyEquity5.0%
FinancialEquity4.5%
Capital GoodsEquity3.9%
FinancialEquity3.6%
FinancialEquity3.0%
TechnologyEquity2.9%
FinancialEquity2.6%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Cons

5Y annualised returns higher than category average by 0.36%
Consistently lower annualised returns than category average for the past 1Y and 3Y
Low rating: 1
Higher expense ratio: 0.99%

Expense ratio, exit load and tax

Expense ratio: 0.99%

Inclusive of GST

Exit load

Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Pratik Harish Shroff
Sep 2023 - Present
View details

Education
Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience
Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
LIC Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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