Rating : ★ ★ ☆ ☆ ☆

LIC MF Liquid Fund Payout of Income Distribution cum Cap Wrdl

Debt

  

Liquid Fund

NAV

1000.10

(as on 24 Jun, 2022)

RETURNS

3.56 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0%

Asset Size

6053.45 Cr.

(As of 15 Jun, 2022)

Benchmark

CRISIL Liquid Fund TR INR

Riskometer

Investors understand that their principal will be at Risk.

Objective

An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through a judicious mix of investment in money market instruments and quality debt instruments. However, there is no assurance that the investment objective of the Scheme will be realised.

app screenshotapp screenshot

Google play store download image Apple app store download image

Fund manager

Rahul Singh

Exit load

0.006999999999999999 %

(If redeemed within 1 days)

Minimum sip

₹1000

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

91 Dtb 30062022

8.63%

91 Dtb 07072022

5.18%

Birla Group Holdings Private Limited

3.87%

TVS Credit Services Ltd.

1.72%

Sector Allocation

About the Scheme Type

Liquid Mutual Fund invest in short-term money market instruments such as government securities, treasury bills (T-Bills), commercial papers, call money, etc., with a maturity period of up to 91 days. Liquid mutual funds are not only least risky but least volatile as well because they mostly invest in instruments with high credit rating (P1+) and experience nominal change in their NAV (Net Asset Value), mostly on the interest income accrued. This happens because of their short-term maturity which makes them sparingly traded in the market. Being invested for short periods of time, these provide unrivalled liquidity to investors.

Ratings

This fund is rated 2 stars by Morning Star Ratings.

★ ★ ☆ ☆ ☆

Overview of LIC Mutual Fund Asset Mgmt Co Ltd

LIC Mutual Fund was established on 20th April 1989 by LIC of India. A name synonymous with trust in the financial system of our country, LIC of India has delivered hope to millions of lives every day for the past 59 years. The company today, is the largest life insurer in the world and has insured more than 250 million lives. Being an associate company of India's premier and most trusted brand, LIC Mutual Fund is one of the well-known players in the asset management sphere. With a systematic investment discipline coupled with a high standard of financial ethics and corporate governance, LIC Mutual Fund is emerging as a preferred Investment Manager amongst the investor fraternity.  LIC Mutual Fund endeavours to create value for its investors by adopting innovative and robust investment strategies, catering to all segments of investors. We, at LIC Mutual Fund, believes in providing delight to its customers and partners by way of superior investment experience and unparalleled service thereby truly bring them Khushiyaan, Zindagi ki.

Vision of LIC Mutual Fund - "To be a trusted partner in wealth creation and a mutual fund of choice"

Mission of LIC Mutual Fund - "Within the realms of good corporate governance, financial ethics, consistent fund performance, imparting knowledge and creating awareness to empower investors achieve financial goals"