Hybrid
Direct
Conservative Allocation
NAV as on 06-09-2024
₹ 86.53
Inception Returns
8%
/yr
LIC MF Conservative Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sanjay Pawar, Karan Doshi. This fund gives you the benefit of diversification.
LIC MF Conservative Hybrid Fund Direct Growth has given a CAGR return of 8.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.61%, 6.55% and 8.05% respectively.
LIC MF Conservative Hybrid Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Tech, Consumer Defensive, Consumer Cyclical, Energy, Cash Equivalent, Corporate.
As it is a conservative 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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The investment objective of the Scheme is to generate regular income by investing mainly in a portfolio of quality debt securities and money market instruments. It also seeks to generate capital appreciation by investing some percentage in a mix of equity instruments.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF Conservative Hybrid Fund Direct Growth has no lock in period.
Expense ratio | 1.22% |
Benchmark | CRISIL Hybrid 85+15 - ConservativeTR INR |
AUM | ₹51 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 147.17% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderately High risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Government, Financial Services & Tech
LIC MF Conservative Hybrid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.56% | 1.56% |
6 Month Returns | 6.52% | 6.52% |
1 Year Returns | 11.61% | 11.61% |
3 Years Returns | 20.98% | 6.55% |
5 Years Returns | 47.3% | 8.05% |
AAA | 100 |