Holdings (71)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Repo | Unspecified | Repo | 8.76540819% |
| JAMNAGAR UTILITIES & POWER PRIVATE LIMITED SR PPD8 7.43 LOA 24OT34 FVRS1LAC | Industrials | Debenture | 7.48610479% |
| HDFC Bank Ltd | Financial | Equity | 4.82632621% |
| ICICI Bank Ltd | Financial | Equity | 4.54532803% |
| Navin Fluorine International Ltd | Materials | Equity | 3.90494353% |
| GOI Sec 7.18 24/07/2037 | Entities | GOI Securities | 3.82634812% |
| Larsen & Toubro Ltd | Industrials | Equity | 2.58282643% |
| Sun Pharmaceutical Industries Ltd | Healthcare | Equity | 2.57851842% |
| Garware Hi-Tech Films Ltd | Materials | Equity | 2.32150301% |
| GOVERNMENT OF INDIA 31909 GOI 22AG32 7.26 FV RS 100 | Entities | GOI Securities | 2.29424851% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -2.55% | 8.42% | NA% | NA% |
| Category Average | 4.59% | 11.87% | 10.67% | NA% |
| Rank Within Category | 37.00% | 27.00% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.91%
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
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. Asthana is a M.A (Economics) from Mumbai University and PGDM (Investment Management) from NMIMS.
Experience
Prior to joining LIC MF, he has worked with UTI Mutual Fund, Tamohara Investment Managers, Axis Mutual Fund, Barclays Wealth Management, SBI Mutaul Fund, Quantum Mutual Fund and BRICS Securities Ltd.
Managed Schemes
Education
Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Experience
Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
Managed Schemes
LIC MF Liquid Fund Direct Growth
LIC MF Medium to Long Duration Fund Direct Growth
LIC MF Gilt Fund Direct Growth
LIC MF Low Duration Fund Direct Growth
LIC MF Banking & PSU Fund Direct Growth
LIC MF Short Duration Fund Direct Growth
LIC MF Overnight Fund Direct Growth
LIC MF Ultra Short Duration Fund Direct Growth