Rating: ★ ★ ★ ★ ☆

LIC MF Bond Fund-Direct Plan Dividend Payout Option

Debt

  

Medium to Long Duration Fund

NAV

13.966 + 0.0087

as on (05 Jun, 2020)

RETURNS

7.84 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.18 %

Benchmark

CRISIL Composite Bond Fund TR INR

Asset Size

180.05 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

LIC MF Bond fund is an open-ended debt scheme which will endeavor to generate an attractive return for its investors by investing in a portfolio is between 4 years and 7 years. However, there is no assurance that the investment objective of the Schemes will be realized.

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Fund manager

Marzban Irani

(since 10 Aug, 2016)

Exit load

1 %

(If redeemed within 365 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

7.17% Govt Stock 2028

26.65 %

L&T Infra Debt Fund Limited

8.7 %

India Infradebt Limited

8.64 %

7.51% MH SDL 2027

8.3 %

Sector Allocation

About the Scheme Type

Medium to Long Duration Fund

Medium to Long Duration Funds are open ended schemes investing in debt and money market instruments such that the Macaulay Duration of the portfolio is between 4 – 7 years.

Ratings

This fund is rated 4 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"