1M
6M
1Y
All
| NAV: 24 May 2024 | ₹1,120.14 |
| Min. SIP amount | ₹1,000 |
| Rating | 1 |
| Fund size | ₹20.44Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Money Market
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 1.7% | 3.4% | 6.9% | 12.0% |
| Category average | NA | NA | 7.1% | NA |
| Rank with in category | 23 | 23 | 22 | NA |
Understand terms
Holdings (3)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 69.45% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 9.20% |
Bank Of Baroda | Financial | CD | 9.19% |
Pros and cons
Category: Debt Money Market
Pros
Cons
Exit load is zero
Higher expense ratio: 0.59%
1Y annualised returns lower than category average by 0.23%
Low rating: 1
Expense ratio, exit load and tax
Expense ratio: 0.59%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
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
Rahul SinghJul 2022 - PresentView details
Rahul Singh
Jul 2022 - Present
View details
Education
Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Experience
Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
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
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