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LIC MF Equity Hybrid Fund-Direct Plan Growth Option

Hybrid

  

Aggressive Hybrid Fund

NAV

95.682 -0.0205

as on (08 Apr, 2020)

RETURNS

0.43 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

1.38 %

Benchmark

CRISIL Hybrid 35+65 - Agg TR INR

Asset Size

421.99 Cr.

(As of 30 Apr, 2019)

Risk

Moderately High

Objective

An open ended balanced scheme which seeks to provide regular returns and capital appreciation according to the selection of plan by investing in equities and debt. However, there is no assurance that the investment objective of the Scheme will be realised.

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Fund manager

Marzban Irani

(since 10 Aug, 2016)

Exit load

1 %

(If redeemed within 360 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

7.37% Govt Stock 2023

7.57 %

HDFC Bank Ltd

7.17 %

ICICI Bank Ltd

5.12 %

Tata Consultancy Services Ltd

4.69 %

Sector Allocation

About the Scheme Type

Aggressive Hybrid Fund

Aggressive Hybrid Funds are open ended schemes which invest a large portion of their assets – 65 to 80%, in equity and equity related instruments. The remaining, at least 20%, needs to be invested in debt instruments. Because of the debt component as well, they’re less risky as compared to pure play equity mutual funds but their returns are also less, for the same reason. These funds allow the fund manager to take advantage of arbitrage opportunities, meaning the fund manager can buy securities at a low price in one stock exchange and sell them ata higher price in the other.

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"