LIC MF Unit Linked Insurance 10 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl

Hybrid
Direct
Balanced Allocation
LIC MF Unit Linked Insurance 10 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl

About the Fund

LIC MF Unit Linked Insurance 10 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl is a hybrid fund. This fund was started on 16 June, 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 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl has ₹485 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.5.

Returns

LIC MF Unit Linked Insurance 10 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl has given a CAGR return of 11.46% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.54%, 13.95% and 13.85% respectively.

Holdings

LIC MF Unit Linked Insurance 10 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl has allocated its funds majorly in Government, Financial Services, Consumer Cyclical, Industrial, Tech, Cash Equivalent, Consumer Defensive, Basic Materials, 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 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl

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 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
1.48%
Benchmark
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM
AUM
₹485 Cr
Inception Date
Inception Date
16 June, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
67.48%

Fund Distribution
as on (31-May-24)

  • Equity 74.5%

  • Debt & Cash 25.5%

Large cap
48.9%

Small cap
19.6%

Mid cap
5.9%

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 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl, since 1 January 2022

LIC MF Unit Linked Insurance 10 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl 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 11.46% since inception which is less than its category average return of 12.16%
Fund Allocations

Fund Allocations

This fund has an allocation of 74.46% in Equity, 23.63% in Debt and 1.91% in Cash related instruments
AUM size ₹485 Cr

AUM size ₹485 Cr

This fund has AUM of ₹485 Cr which is less than its category average of ₹ 897 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 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl is ₹37.95 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
LIC MF Unit Linked Insurance 10 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl
Absolute Returns
CAGR Returns
1 Month Returns
6.21%
6.21%
6 Month Returns
10.47%
10.47%
1 Year Returns
23.54%
23.54%
3 Years Returns
47.94%
13.95%
5 Years Returns
91.28%
13.85%
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 May 2024
₹485 Cr as on May 2024
ICICI Bank Ltd(7.08%), 07.63 MH Sdl 2036(5.39%), 07.70 Kt Gs 2033(5.29%), 7.17% Govt Stock 2030(5.23%), 5.85% Govt Stock 2030(4.98%) as on May 2024
Government(23.38%), Financial Services(23.34%), Consumer Cyclical(13.92%) as on May 2024
AAA
100
Sanjay Pawar is the fund manager of LIC MF Unit Linked Insurance 10 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl
The Exit load of LIC MF Unit Linked Insurance 10 Yrs Regular Premium Reducing Cover Yearly-Drt-Inc Dis cum CapWdrl is 0%