Holdings (48)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| GOVERNMENT OF INDIA 37391 091 DAYS TBILL 23JL26 FV RS 100 | Financial | Treasury Bills | 6.17178163% |
| PUNJAB NATIONAL BANK CD 09MAR27 | Financial | Certificate of Deposit | 5.86813096% |
| REC LIMITED SR 231A 7.64 BD 30AP27 FVRS1LAC | Financial | Non Convertible Debenture | 4.68486493% |
| Repo | Unspecified | Repo | 4.13177137% |
| ICICI BANK LIMITED CD 27JAN27 | Financial | Certificate of Deposit | 3.55063159% |
| 360 ONE PRIME LIMITED 8.75 NCD 10SP27 FVRS1LAC | Financial | Debenture | 3.29187728% |
| REC LIMITED SR 250A 6.60 BD 30JU27 FVRS1LAC | Financial | Debenture | 3.25934017% |
| BHARTI TELECOM LIMITED SR XXV 7.35 NCD 15OT27 FVRS1LAC | Technology | Debenture | 3.21517778% |
| 360 ONE PRIME LIMITED RR NCD 25JL28 FVRS1LAC | Financial | Debenture | 3.11267748% |
| TIME TECHNOPLAST LIMITED 182D CP 29JUN26 | Materials | Commercial Paper | 3.09332689% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.25% | 7.32% | 6.38% | 7.78% |
| Category Average | 7.25% | 7.14% | 5.91% | NA% |
| Rank Within Category | 11.00% | 11.00% | 15.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.23%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Fund management
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 Equity Savings Fund Direct Growth
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Medium to Long Duration Fund Direct Growth
LIC MF Gilt Fund Direct Growth
LIC MF Children's Fund Direct Growth
LIC MF Low Duration Fund Direct Growth
LIC MF Banking & PSU Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Short Duration Fund Direct Growth
LIC MF Ultra Short Duration Fund Direct Growth
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 Liquid Fund Direct Growth
LIC MF Medium to Long Duration Fund Direct Growth
LIC MF Gilt Fund Direct Growth
LIC MF Low Duration Fund Direct Growth
LIC MF Banking & PSU Fund Direct Growth
LIC MF Short Duration Fund Direct Growth
LIC MF Overnight Fund Direct Growth
LIC MF Ultra Short Duration Fund Direct Growth