LIC MF Liquid Fund Direct Growth
About the Fund
LIC MF Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rahul Singh. This fund is suitable to keep your money safe.
Key Parameters
- LIC MF Liquid Fund Direct Growth has ₹11190 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
LIC MF Liquid Fund Direct Growth has given a CAGR return of 6.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.41%, 5.91% and 5.31% respectively.
Holdings
LIC MF Liquid Fund Direct Growth has allocated its funds majorly in Consumer Defensive, Cash Equivalent, Corporate, Government. Its top holdings are 91 DTB 02082024, Punjab National Bank Limited**, Bank of Baroda, 182 DTB 26102024, National Bank For Agriculture And Rural Development
Taxation
As it is a liquid mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of LIC MF Liquid Fund Direct Growth
An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through a judicious mix of investment in money market instruments and quality debt instruments. However, there is no assurance that the investment objective of the Scheme will be realised.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF Liquid Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.16% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹11190 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.007% |
| Lock In | No Lock-in |
TurnOver | 575.49% |
| Risk |   Low to Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 02082024 | 5.67% | 100% | |
Punjab National Bank Limited** | 4.73% | 0% | |
Bank of Baroda | 4.44% | 100% | |
182 DTB 26102024 | 4.25% | 0% | |
National Bank For Agriculture And Rural Development | 3.75% | 100% |
Mutual Fund Insights
LIC MF Liquid Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹11190 Cr
Expense Ratio 0.16%
Frequently Asked Questions
LIC MF Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.73% | 3.73% |
1 Year Returns | 7.41% | 7.41% |
3 Years Returns | 18.81% | 5.91% |
5 Years Returns | 29.55% | 5.31% |
- 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.
AAA | 100 |