LIC MF Arbitrage Direct Plan Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 13.26 as on 16-04-2024
Fund Performance
2 people have invested ₹ 6.1K in LIC MF Arbitrage Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.21% return, outperforming this fund by 0.68% per annum.
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.31% which is lower than the category average expense ratio of 0.69%.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.53% return, outperforming this fund by 0.57% per annum.
Over the last 3 months, this fund has experienced a 357.2% growth in AUM moving from 31.3 Cr to 143.11 Cr.
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.73% return, outperforming this fund by 0.75%.
About the LIC MF Arbitrage Direct Plan Growth
LIC MF Arbitrage Direct Plan Growth is a hybrid fund. This fund was started on 25 January, 2019. The fund is managed by Sanjay Pawar. This fund gives you the benefit of diversification.
Key Parameters
- LIC MF Arbitrage Direct Plan Growth has ₹143 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.3.
LIC MF Arbitrage Direct Plan Growth Overview
 | 0.31% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹143 Cr |
 | 25 January, 2019 |
 | ₹5000/₹1000 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 1067.29% |
LIC MF Arbitrage Direct Plan Growth Distribution as on (31-Mar-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
93.3%
Corporate
5.8%
Government
0.8%
Top Holdings of LIC MF Arbitrage Direct Plan Growth as on (31-Mar-24)
Equity Holdings47
Debt Holdings3
LIC MF Arbitrage Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 143.1 Cr as of Mar'24
- AUM increased by 34.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
LIC MF Arbitrage Direct Plan Growth Fund Manager
Sanjay Pawar
Fund Manager of LIC MF Arbitrage Direct Plan Growth, since 1 January 2022
Top funds managed
LIC MF Arbitrage Direct Plan Growth Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 5.55% since inception which is more than its category average return of 5.18%
AUM size ₹143 Cr
This fund has AUM of ₹143 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of LIC MF Arbitrage Direct Plan Growth is ₹13.26 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
LIC MF Arbitrage Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.86% | 0.86% |
6 Month Returns | 3.9% | 3.9% |
1 Year Returns | 7.98% | 7.98% |
3 Years Returns | 18.96% | 5.96% |
5 Years Returns | 30.84% | 5.52% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.31% as on March 2024
₹143 Cr as on March 2024
LIC MF Liquid Dir Gr(14.96%), HDFC Bank Ltd(6.29%), Indus Towers Ltd Ordinary Shares(4.15%), Tata Consultancy Services Ltd(3.7%), Larsen & Toubro Ltd(3.55%) as on March 2024
Cash Equivalent(93.82%), Corporate(5.85%), Government(0.83%) as on March 2024
AAA | 100 |
Sanjay Pawar is the fund manager of LIC MF Arbitrage Direct Plan Growth
The Exit load of LIC MF Arbitrage Direct Plan Growth is 0.25%