3 Year return
5.67%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately Low Risk
Asset Under Management
₹1415.05 Cr.
Expense Ratio
0.27% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal within 3 years
Tax based on your income tax bracket
Withdrawal after 3 years
20% tax after indexation (adjusting for inflation)
Fund Holdings
LIC Mutual Fund Managers
RS
Rahul Singh
Fund Manager since Sep 2015
Fund House Details
LIC Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
ICICI Prudential Savings Fund Direct Plan Fortnightly IDCW Payout |
6.27% |
4.5 |
ICICI Prudential Savings Fund Direct Plan Weekly IDCW Payout |
6.21% |
4.5 |
Kotak Low Duration Fund Direct Plan Standard IDCW Payout |
6.03% |
3 |
Schemes by LIC Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
LIC MF Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
LIC MF Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
LIC MF Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
LIC MF Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
LIC MF Arbitrage Fund Direct Plan Monthly IDCW Payout
About LIC MF Savings Fund Direct Plan Growth
LIC MF Savings Fund Direct Plan Growth is a debt fund scheme managed by LIC Mutual Fund. It is a low-risk fund that invests in a diversified portfolio of government securities and high-quality corporate bonds. The fund aims to generate regular income for investors by investing in fixed-income securities. LIC MF Savings Fund Direct Plan Growth is an open-ended fund. This means that investors can buy and sell units of the fund in the secondary market at any time. The expense ratio of the fund is lower than the category average.
Investment Objectives of the Scheme
The investment objective of LIC MF Savings Fund Direct Plan Growth is to provide regular income to investors by investing in a diversified portfolio of government securities and high-quality corporate bonds.
Key Features of The Fund
5-year return | 5.6% |
Expense Ratio | 0.27% |
Fund Manager | Rahul Singh |
Fund Size | ₹1415.05 Cr |
Risk Profile | Moderately Low |
Is This Scheme Right for Me?
LIC MF Savings Fund Direct Plan Growth is suitable for investors who are looking for regular income and have a low-risk appetite. The fund's investment in fixed-income securities makes it a relatively safe asset class, but it also has the potential for lower returns. However, consult your financial advisor before making an investment decision.
AMC Contact Details
Name | LIC Mutual Fund |
Launch Date | April 1989 |
Addresss | Industrial Assurance Bldg., 4th Floor, Opp. Churchgate Station, Mumbai - 400 020. |
Contact | 1800 258 5678 |
service_licmf@kfintech.com | |
Website | https://www.licmf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Invest With Confidence, Choose the Right SIP
FAQs
What is today's NAV of LIC MF Low Duration Fund?
What is the AUM of LIC MF Low Duration Fund?
What is the expense ratio of LIC MF Low Duration Fund?
What are the returns of LIC MF Low Duration Fund since inception?
What is the minimum SIP amount to invest in LIC MF Low Duration Fund?
How do I invest in LIC MF Low Duration Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in LIC MF Low Duration Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in LIC MF Low Duration Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in LIC MF Low Duration Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.