Holdings (94)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| LIC MF Liquid Fund - Direct Plan | NA | Mutual Fund | 12.37637343% |
| Tata Steel Ltd. | Metals & Mining | Equity | 2.68953728% |
| Bank Of Baroda | Financial | Equity | 2.39515482% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.27838662% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 2.24532575% |
| Ultratech Cement Ltd. | Construction | Equity | 2.22281622% |
| Trent Ltd. | Services | Equity | 1.86336714% |
| Infosys Ltd. | Technology | Equity | 1.86090516% |
| Ashok Leyland Ltd. | Automobile | Equity | 1.78634234% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 1.65480226% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 8.24% | 10.96% | 10.89% | NA% |
| Category Average | 5.47% | 10.06% | 10.33% | NA% |
| Rank Within Category | 2.00% | 13.00% | 12.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.17%
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. 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 Aggressive Hybrid Fund Direct Growth
LIC MF Nifty 50 Index Fund Direct Growth
LIC MF BSE Sensex Index Fund Direct Growth
Indiabulls Savings Income Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Nifty Next 50 Index Fund Direct Growth
LIC MF Equity Savings Fund Direct Growth
LIC MF Gold ETF FoF Direct Growth
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