Holdings (76)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 4.12070672% |
| HDFC Bank Ltd. | Financial | CD | 3.70321798% |
| Reserve Bank of India | Financial | T-Bills | 3.14399576% |
| Punjab National Bank | Financial | CD | 3.12075021% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 3.11516926% |
| Reserve Bank of India | Financial | T-Bills | 3.06245956% |
| Indusind Bank Ltd. | Financial | CD | 2.75310967% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 2.35361697% |
| Reserve Bank of India | Financial | T-Bills | 2.34878257% |
| Punjab National Bank | Financial | CD | 2.343567% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.42% | 6.99% | 5.90% | 88.46% |
| Category Average | 6.25% | 6.83% | 5.67% | NA% |
| Rank Within Category | 24.00% | 22.00% | 19.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.12%
Inclusive of GST
Exit load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Fund management
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 Money Market Fund Direct Growth
LIC MF Balanced Advantage Fund Direct Growth
LIC MF Overnight Fund Direct Growth
LIC MF Banking & PSU Fund Direct Growth
LIC MF Ultra Short Duration Fund Direct Growth
LIC MF Liquid Fund Direct Growth
LIC MF Gilt Fund Direct Growth
LIC MF Medium to Long Duration Fund Direct Growth
Education
PGDBM, Finance, NL Dalmia Institute of Management Studies and Research, Mumbai ,BE (Computer Science), Rajiv Gandhi Institute of Technology, Mumbai
Experience
Prior to joining the LIC MF , he was associated with IndiaFirst Life Insurance Co Limited, STCI Primary Dealer Ltd, Almondz Global Securities Ltd.