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LIC MF Savings Fund Direct Plan Weekly Dividend Payout Option

Debt

  

Low Duration Fund

NAV

10.718 -0.0109

as on (08 Apr, 2020)

RETURNS

4.35 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.28 %

Benchmark

Crisil Low Duration Debt Index TR INR

Asset Size

994.63 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. There can be no assurance that the investment objective of the scheme will be realized.

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Fund manager

Rahul Singh

(since 07 Sep, 2015)

Exit load

N / A

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

Cholamandalam Investment And Fin. Co. Ltd

5.28 %

Piramal Enterprises Limited

3.92 %

Aspire Home Finance Corporation Limited

3.55 %

Cholamandalam Investment And Fin. Co. Ltd

3.51 %

Sector Allocation

About the Scheme Type

Low Duration Fund

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.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

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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"