LIC MF Unit Linked Insurance 15 Yrs Regular Premium Reducing Cover Quarterly-Direct

LIC MF Unit Linked Insurance 15 Yrs Regular Premium Reducing Cover Quarterly-Direct is a hybrid fund. This fund was started on 29 December, 2015. The fund is managed by Karan Doshi. This fund gives you the benefit of diversification.

1. LIC MF Unit Linked Insurance 15 Yrs Regular Premium Reducing Cover Quarterly-Direct has ₹477 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 1.3.
   

LIC MF Unit Linked Insurance 15 Yrs Regular Premium Reducing Cover Quarterly-Direct has given a CAGR return of 11.76% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.46%, 14.93% and 19.48% respectively.

LIC MF Unit Linked Insurance 15 Yrs Regular Premium Reducing Cover Quarterly-Direct has allocated its funds majorly in Government, Financial Services, Corporate, Industrial, Cash Equivalent, Consumer Cyclical, Consumer Defensive, Tech, Basic Materials, Health, Communication, Energy.

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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 for lump sum payment is INR 0.00 and for SIP is INR 0.00. LIC MF Unit Linked Insurance 15 Yrs Regular Premium Reducing Cover Quarterly-Direct has no lock in period.