Debt
Direct
Liquid
NAV as on 08-09-2024
₹ 4524.33
Inception Returns
6.9%
/yr
LIC MF Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rahul Singh. This fund is suitable to keep your money safe.
LIC MF Liquid Fund Direct Growth has given a CAGR return of 6.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.43%, 6.06% and 5.33% respectively.
LIC MF Liquid Fund Direct Growth has allocated its funds majorly in Consumer Defensive, Cash Equivalent, Corporate, Government. Its top holdings are Bank Of Baroda, National Bank For Agriculture And Rural Development, 91 DTB 31102024, HDFC Bank Limited, Canara Bank
As it is a liquid mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through a judicious mix of investment in money market instruments and quality debt instruments. However, there is no assurance that the investment objective of the Scheme will be realised.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF Liquid Fund Direct Growth has no lock in period.
Expense ratio | 0.16% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹11403 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.0% |
Lock In | No Lock-in |
TurnOver | 661.46% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Low to Moderate Risk |
as on (08-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Consumer Defensive, Corporate & Government
LIC MF Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.58% | 0.58% |
6 Month Returns | 3.7% | 3.7% |
1 Year Returns | 7.43% | 7.43% |
3 Years Returns | 19.31% | 6.06% |
5 Years Returns | 29.67% | 5.33% |
AAA | 100 |