Holdings (48)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.69877723% |
| ICICI Bank Ltd. | Financial | Equity | 7.96644136% |
| Reliance Industries Ltd. | Energy | Equity | 7.04778832% |
| Larsen & Toubro Ltd. | Construction | Equity | 5.23800736% |
| Bharti Airtel Ltd. | Communication | Equity | 4.37051913% |
| State Bank of India | Financial | Equity | 3.06786267% |
| Infosys Ltd. | Technology | Equity | 2.98022906% |
| ITC Ltd. | Consumer Staples | Equity | 2.67687027% |
| Axis Bank Ltd. | Financial | Equity | 2.65559215% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 2.54445447% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -2.53% | 10.71% | 10.76% | 13.25% |
| Category Average | 7.15% | 15.07% | 14.96% | NA% |
| Rank Within Category | 93.00% | 77.00% | 53.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.0%
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. Bendre has done B.E(Mechanical), MBA (Finance) and PhD (Finance)
Experience
Prior to joining LIC Mutual Fund, he has worked with IDBI Capital, Vervene Asset Management, Stewart & Mackertich, Karvy Inst. Equity and Way2wealth, Quantum Securities
Managed Schemes
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