1M
6M
1Y
3Y
5Y
All
| NAV: 24 May 2024 | ₹20.88 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹305.10Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 16.7% | 12.8% | 10.7% | 8.1% |
| Category average | 24.5% | 15.7% | 12.1% | NA |
| Rank with in category | 16 | 12 | 10 | NA |
Understand terms
Holdings (31)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 20.42% |
ICICI Bank Ltd. | Financial | Equity | 12.19% |
Axis Bank Ltd. | Financial | Equity | 6.86% |
State Bank of India | Financial | Equity | 5.56% |
The Federal Bank Ltd. | Financial | Equity | 4.43% |
CreditAccess Grameen Ltd. | Financial | Equity | 3.63% |
DCB Bank Ltd. | Financial | Equity | 3.57% |
Power Finance Corporation Ltd. | Financial | Equity | 3.42% |
Piramal Enterprises Ltd. | Healthcare | Equity | 3.25% |
CSB Bank Ltd. | Financial | Equity | 3.00% |
See All
Pros and cons
Category: Equity Sectoral / Thematic
Pros
Cons
Lower expense ratio: 1.05%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 1.05%
Inclusive of GST
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹1,000 |
Fund management
Jaiprakash ToshniwalSep 2021 - PresentView details
Jaiprakash Toshniwal
Sep 2021 - Present
View details
Education
Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Launch Date
20 Apr 1994
E-mail
[email protected]Website
www.licmf.com
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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