LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct

Hybrid
Direct
Balanced Allocation
LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct

About the Fund

LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct is a hybrid fund. This fund was started on 29 December, 2015. The fund is managed by Sanjay Pawar. This fund gives you the benefit of diversification.

Key Parameters

  1. LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct has ₹509 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.5.

Returns

LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct has given a CAGR return of 12.69% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.74%, 14.67% and 15.02% respectively.

Holdings

LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct has allocated its funds majorly in Government, Financial Services, Consumer Cyclical, Industrial, Tech, Consumer Defensive, Basic Materials, Cash Equivalent, Health, Communication, Energy, Utilities.

Taxation

As it is a balanced allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct

An open ended scheme which seeks to generate long term capital appreciation and offer Tax benefits u/s 80C of the Income Tax Act as well as additional benefits of a life cover and free accident insurance cover.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct has no lock in period.

Fund Performance

Fund Overview

Expense ratio1.48%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹509 Cr
Inception Date29 December, 2015
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
67.48%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 76.4%

  • Debt & Cash 23.6%

Large cap
50.4%

Small cap
20%

Mid cap
6%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
31.3%
Consumer Cyclical
18.7%
Industrial
18.5%
Tech
10.1%
Consumer Defensive
6.4%
Basic Materials
6.2%
Health
4%
Communication
2.3%
Energy
2.1%
Utilities
0.4%
All changes are between Oct'69 and Dec'69

  • Returns %

  • Fund Ratios

  • Overview

Sanjay Pawar
Sanjay Pawar
Fund Manager of LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct, since 1 January 2022

LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct Highlights

Risk meter
pointer

Very High Risk

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

About the fund

This fund has delivered an average annual returns of 12.69% since inception which is less than its category average return of 12.91%
Fund Allocations

Fund Allocations

This fund has an allocation of 76.43% in Equity, 22.82% in Debt and 0.75% in Cash related instruments
AUM size ₹509 Cr

AUM size ₹509 Cr

This fund has AUM of ₹509 Cr which is less than its category average of ₹ 928 Cr
Expense Ratio 1.48%

Expense Ratio 1.48%

This fund has an expense ratio of 1.48% which is less than its category average expense ratio of 1.77%

Frequently Asked Questions

The current NAV of LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct is ₹39.42 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct
Absolute Returns
CAGR Returns
1 Month Returns
5.13%
5.13%
6 Month Returns
12.66%
12.66%
1 Year Returns
26.74%
26.74%
3 Years Returns
50.79%
14.67%
5 Years Returns
101.28%
15.02%
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.
1.48% as on June 2024
₹509 Cr as on June 2024
ICICI Bank Ltd(7.22%), 07.63 MH Sdl 2036(5.18%), 7.18% Govt Stock 2037(5.12%), 07.70 Kt Gs 2033(5.08%), 7.17% Govt Stock 2030(5.01%) as on June 2024
Financial Services(23.9%), Government(22.41%), Consumer Cyclical(14.5%) as on June 2024
AAA
100
Sanjay Pawar is the fund manager of LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct
The Exit load of LIC MF Unit Linked Insurance 10 Years Regular Premium Uniform Cover Quarterly-Direct is 0%