Holdings (74)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Cash Margin | Unspecified | Cash Margin | 65.69286324% |
| LIC MF Money Market Fund Direct - Growth | Unspecified | Mutual Fund | 18.08477418% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24C 7.83 BD 30DC26 FVRS1LAC | Financial | Bonds/NCDs | 8.62046838% |
| ICICI Bank Ltd | Financial | Equity | 6.54415013% |
| HDFC Bank Ltd | Financial | Equity | 6.47078569% |
| State Bank of India | Financial | Equity | 5.98674758% |
| Hindalco Industries Ltd | Materials | Equity | 5.86861201% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 5.24687448% |
| GMR Airports Infrastructure Ltd | Industrials | Equity | 5.09220301% |
| Bharti Airtel Ltd | Technology | Equity | 4.83022297% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.49% | 7.27% | 6.44% | 4.94% |
| Category Average | 6.13% | 6.80% | 5.60% | NA% |
| Rank Within Category | 17.00% | 20.00% | 17.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.52%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 1 months.
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%.
Fund management
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
Managed Schemes
LIC MF Equity Savings Fund Direct Growth
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Medium to Long Duration Fund Direct Growth
LIC MF Gilt Fund Direct Growth
LIC MF Children's Fund Direct Growth
LIC MF Low Duration Fund Direct Growth
LIC MF Banking & PSU Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Short Duration Fund Direct Growth
LIC MF Ultra Short Duration Fund Direct Growth
Education
Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
Experience
Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.
Managed Schemes
LIC MF Equity Savings Fund Direct Growth
LIC MF Gold ETF FoF Direct Growth
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Large Cap Fund Direct Growth
LIC MF ELSS Tax Saver Direct Growth
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Infrastructure Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Multi Asset Allocation Fund Direct Growth