Holdings (54)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 8.42321903% |
| GOI Sec 7.18 24/07/2037 | Entities | GOI Securities | 4.80687082% |
| HDFC Bank Ltd | Financial | Equity | 4.39232943% |
| Trent Ltd | Consumer Discretionary | Equity | 3.80186358% |
| GOI Sec 7.41 19/12/2036 | Entities | GOI Securities | 3.56639827% |
| STATE DEVELOPMENT LOAN 33897 MH 31JN36 7.63 FV RS 100 | Unspecified | State Development Loan | 3.55363303% |
| Repo | Unspecified | Repo | 3.07698865% |
| KSB Ltd | Industrials | Equity | 3.0119381% |
| Titan Company Ltd | Consumer Discretionary | Equity | 2.89238021% |
| Bajaj Finance Ltd | Financial | Equity | 2.86063718% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 1.12% | 9.05% | 9.18% | 13.26% |
| Category Average | 4.72% | 14.31% | 13.94% | NA% |
| Rank Within Category | 35.00% | 38.00% | 37.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.42%
Inclusive of GST
Exit load
Nil
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. 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
CFA Institute, USA, MBA - Carnegie Mellon University, B.E., Computer Science
Experience
Prior to joining the LIC AMC, he was associated with People Hum Technologies Pvt Ltd, Engati Technologies Pvt Ltd, PiMonk Tech Pvt Ltd, Quinbay Technologies Pvt Ltd, Pickright Technologies Pvt Ltd, Quintessential Investment Advisors LLP and Lazard Asset Management.