Holdings (82)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| LIC MF Gold ETF | NA | Mutual Fund | 16.69986857% |
| HDFC Bank Ltd. | Financial | Equity | 3.59998271% |
| Aditya Birla Sun Life Silver ETF-Growth | NA | Mutual Fund | 3.02029923% |
| ICICI Bank Ltd. | Financial | Equity | 2.6510348% |
| Reserve Bank of India | Financial | T-Bills | 2.55528011% |
| Bharti Airtel Ltd. | Communication | Equity | 2.29773122% |
| Godfrey Phillips India Ltd. | Consumer Staples | Equity | 1.81369932% |
| Axis Bank Ltd. | Financial | Equity | 1.71089216% |
| Larsen & Toubro Ltd. | Construction | Equity | 1.68163063% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 1.65159581% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 15.91% | NA% | NA% | NA% |
| Category Average | 15.09% | 17.81% | 16.11% | NA% |
| Rank Within Category | 15.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.09%
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 Large Cap Fund Direct Growth
LIC MF Value Fund Direct Growth
LIC MF BSE Sensex Index Fund Direct Growth
LIC MF Focused Fund Direct Growth
LIC MF Nifty 50 Index Fund Direct Growth
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Consumption Fund Direct Growth
LIC MF Nifty Next 50 Index Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Gold ETF FoF Direct Growth
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.
Managed Schemes
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
Managed Schemes
LIC MF Money Market Fund Direct Growth
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Banking & PSU Fund Direct Growth
LIC MF Ultra Short Duration Fund Direct Growth
LIC MF Children's Fund Direct Growth
LIC MF Multi Asset Allocation Fund Direct Growth
LIC MF Gilt Fund Direct Growth
LIC MF Medium to Long Duration Fund Direct Growth
LIC MF Short Duration Fund Direct Growth
LIC MF Conservative Hybrid Fund Direct Growth