Debt
Direct
Medium To Long Duration
NAV as on 03-09-2024
₹ 72.22
▲0.1%
1D
Inception Returns
7.2%
/yr
LIC MF Medium to Long Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sanjay Pawar, Marzban Irani. This fund is suitable to keep your money safe.
LIC MF Medium to Long Duration Fund Direct Growth has given a CAGR return of 7.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.85%, 6.04% and 6.13% respectively.
LIC MF Medium to Long Duration Fund Direct Growth has allocated its funds majorly in Government, Basic Materials, Financial Services, Consumer Cyclical, Corporate, Cash Equivalent. Its top holdings are 07.70 MH Sgs 2033, 7.18% Govt Stock 2033, 07.80 GJ Sdl 2032, 07.71 MH Sdl 2033, 07.64 MH Sgs 2032
As it is a medium to long duration 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.
LIC MF Bond fund is an open-ended debt scheme which will endeavor to generate an attractive return for its investors by investing in a portfolio is between 4 years and 7 years. However, there is no assurance that the investment objective of the Schemes will be realized.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF Medium to Long Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.21% |
Benchmark | CRISIL Composite Bond Fund TR INR |
AUM | ₹172 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.2% |
Lock In | No Lock-in |
TurnOver | 192.8% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderate Risk |
as on (03-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Government, Basic Materials & Financial Services
LIC MF Medium to Long Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.02% | 1.02% |
6 Month Returns | 4.78% | 4.78% |
1 Year Returns | 8.85% | 8.85% |
3 Years Returns | 19.25% | 6.04% |
5 Years Returns | 34.67% | 6.13% |
AAA | 100 |