Holdings (70)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Shakti Pumps (India) Ltd. | Capital Goods | Equity | 4.26886422% |
| Garware Hi-Tech Films Ltd. | Chemicals | Equity | 3.75745989% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.60567248% |
| LIC MF Money Market Fund Direct - Growth | NA | Mutual Fund | 3.32631644% |
| Afcons Infrastructure Ltd. | Construction | Equity | 3.1968965% |
| Tata Power Company Ltd. | Energy | Equity | 2.7904465% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.7410311% |
| Avalon Technologies Ltd. | Capital Goods | Equity | 2.54214478% |
| Schneider Electric Infrastructure Ltd. | Capital Goods | Equity | 2.5233375% |
| REC Ltd. | Financial | Equity | 2.37441723% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -4.39% | 29.92% | 33.65% | 10.52% |
| Category Average | -7.64% | 26.15% | 31.00% | NA% |
| Rank Within Category | 7.00% | 6.00% | 8.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.81%
Inclusive of GST
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
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. 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