LIC MF Overnight Fund Direct Daily Reinvestment of Income Dis cum Cap Wrdl
LIC MF Overnight Fund Direct Daily Reinvestment of Income Dis cum Cap Wrdl

LIC MF Overnight Fund Direct Daily Reinvestment of Income Dis cum Cap Wrdl

Debt
Direct
Overnight

NAV: ₹ 1035.7 as on 29-09-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
0.5%
1.3%
2.3%
4.1%
3.4%
Benchmark
-
-
-
-
-
About the Fund

LIC MF Overnight Fund Direct Daily Reinvestment of Income Dis cum Cap Wrdl is a debt fund. This fund was started on  18 July, 2019. The fund is managed by Rahul Singh. This fund is suitable to keep your money safe.

Key parameters

1) LIC MF Overnight Fund Direct Daily Reinvestment of Income Dis cum Cap Wrdl has a NAV of 1035.6518 as on 29-09-2022.

2) LIC MF Overnight Fund Direct Daily Reinvestment of Income Dis cum Cap Wrdl has 391 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 0.07 %.

Fund Overview

Expense ratio
Expense ratio
0.07%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹391 Cr
Inception Date
Inception Date
18 July, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
365.2%

Fund Distribution

  • Debt & Cash 100%

Sector Allocation

Aug'22

Jul'22

Jun'22

Cash Equivalent

100%

Top Holdings

  • All
  • Debt & Cash
Total Holdings3
Debt Holdings3
Holdings
Weight%
Holdings Trend
1M Change
icon
Treps
92.16%
0%
icon
Cholamandalam Investment And Fin. Co. Ltd (Cholamandalam Dbs Finance Ltd)
6.4%
0%
icon
91 Dtb 29092022
1.28%
0%

What changed

in last one month
  • Scheme
AUM decreased by 252.2 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 364.3 Cr
Jul'22
₹ 616.5 Cr
Jun'22
₹ 588.6 Cr

Fund Returns vs Benchmark

Aug'22
0.42%
0.36%
Jul'22
0.42%
0.36%
Jun'22
0.37%
0.35%
Fund Return
Benchmark Return

Fund Manager

Rahul Singh

Rahul Singh

Managing this fund since 18 July 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
LIC MF Liquid Fund-Direct Plan-Growth Option
4.15%
3.25%
Tata Multi Asset Opportunities Fund Direct Growth
0%
--
Tata Balanced Advantage Fund Direct Growth
13.99%
10.63%

AMC details

Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+912222812038
Fund House
LIC Mutual Fund Asset Management Limited

Fund Highlights

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Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 3.39% since inception which is more than its category average return of 2.89%
AUM size ₹391 Cr

AUM size ₹391 Cr

This fund has AUM of ₹391 Cr which is less than its category average of ₹ 3570 Cr
Expense Ratio 0.07%

Expense Ratio 0.07%

This fund has an expense ratio of 0.07% which is less than its category average expense ratio of 0.14%

Frequently Asked Questions

The current NAV of LIC MF Overnight Fund Direct Daily Reinvestment of Income Dis cum Cap Wrdl is 1035.17.
Existing (Absolute + CAGR)
LIC MF Overnight Fund Direct Daily Reinvestment of Income Dis cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
0.45%
0.45%
6 Month Returns
2.31%
2.31%
1 Year Returns
4.04%
4.04%
3 Years Returns
10.39%
3.35%
5 Years Returns
0%
0%
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.
0.07 as on August 2022
391 Cr as on August 2022
Rahul Singh is the fund manager of LIC MF Overnight Fund Direct Daily Reinvestment of Income Dis cum Cap Wrdl
The Exit load of LIC MF Overnight Fund Direct Daily Reinvestment of Income Dis cum Cap Wrdl is 0%