Analyst’s Choice
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
LIC MF Equity Savings Fund - Direct Plan
|
Moderately High
|
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1.00 |
|||
Low to Moderate
|
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0.50 |
||||
Moderately High
|
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0.69 |
||||
Moderately High
|
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0.32 |
||||
Moderate
|
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0.50 |
₹19 Cr
1.00 (90)
5,000
1,000
1,000
12
Investment Strategy
The scheme seeks to provide regular income by investing in debt and money market instruments and using arbitrage and other derivative strategies. Also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments.
Suitability
"Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year."
Capital Gains Taxation
Dividend Taxation
LIC MF Equity Savings Fund - Direct Plan invests about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit.
Mutual funds can be bought directly from the website of the fund house. For instance, LIC MF Equity Savings Fund - Direct Plan fund can be purchased from the website of LIC Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of LIC MF Equity Savings Fund - Direct Plan is ₹28.7870 as of 14-Aug-2024.
The AUM of LIC MF Equity Savings Fund - Direct Plan Fund is ₹19 Cr as of 31-Jul-2024
The riskometer level of LIC MF Equity Savings Fund - Direct Plan is Moderately High. See More
Company | Percentage of Portfolio |
---|---|
LIC MF Liquid Direct-G |
11.06
|
NTPC Ltd Bonds/NCD 8.49 25/03/2025 |
0.18
|
As of 31-Jul-2024, LIC MF Equity Savings Fund - Direct Plan had invested 48.72% in Cash & Cash Eq., 40.21% in Equity and 11.06% in Debt See More
LIC MF Equity Savings Fund - Direct Plan is 11 years 7 months old. It has delivered 8.14% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
15.54%
|
9.20%
|
10.64%
|
8.43%
|
8.29%
|
8.14%
|
No, There is no lock in period in LIC MF Equity Savings Fund - Direct Plan.
The expense ratio of LIC MF Equity Savings Fund - Direct Plan is 1.00.