Holdings (105)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.38974733% |
| GOI | Sovereign | GOI Sec | 6.36817855% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | Debenture | 6.24641789% |
| LIC MF Money Market Fund Direct - Growth | NA | Mutual Fund | 5.92091838% |
| Reliance Industries Ltd. | Energy | Equity | 4.3111532% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.46906104% |
| GOI | Sovereign | GOI Sec | 3.18956631% |
| ICICI Bank Ltd. | Financial | Equity | 2.87370782% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.73367063% |
| State Bank of India | Financial | Equity | 2.58250192% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 5.40% | 12.07% | NA% | NA% |
| Category Average | 1.04% | 11.83% | 12.64% | NA% |
| Rank Within Category | 8.00% | 20.00% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.75%
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. Patil is an MBA (Finance).
Experience
Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
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
Education
Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.