LIC MF Medium to Long Duration Fund Direct Growth
Debt
Direct
Medium To Long Duration
NAV as on 19-11-2024
₹ 73.52
Inception Returns
7.2%
/yr
About LIC MF Medium to Long Duration Fund Direct Growth
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 Marzban Irani, Sanjay Pawar. This fund is suitable to keep your money safe.
Key Parameters
- LIC MF Medium to Long Duration Fund Direct Growth has ₹180 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
LIC MF Medium to Long Duration Fund Direct Growth has given a CAGR return of 7.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.08%, 6.60% and 6.26% respectively.
Holdings
LIC MF Medium to Long Duration Fund Direct Growth has allocated its funds majorly in Government, Basic Materials, Financial Services, Corporate, Consumer Cyclical, Cash Equivalent. Its top holdings are 07.70 MH Sgs 2033, 7.1% Govt Stock 2034, 07.80 GJ Sdl 2032, 07.64 MH Sgs 2032, 07.71 MH Sdl 2033
Taxation
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.
Investment objective of LIC MF Medium to Long Duration Fund Direct Growth
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 and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Medium to Long Duration Fund Direct Growth has no lock in period.
Historical NAV & Returns
LIC MF Medium to Long Duration Fund Direct Growth Overview
| Expense ratio | 0.21% |
Benchmark | CRISIL Composite Bond Fund TR INR |
| AUM | ₹180 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹200 |
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 slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 178.1 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Government, Basic Materials & Financial Services
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 07.70 MH Sgs 2033 | 23.24% | 0% | |
7.1% Govt Stock 2034 | 19.82% | 250% | |
07.80 GJ Sdl 2032 | 14.74% | 0% | |
07.64 MH Sgs 2032 | 8.64% | 0% | |
07.71 MH Sdl 2033 | 7.19% | -44.4% |
Mutual Fund Insights
LIC MF Medium to Long Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹180 Cr
Expense Ratio 0.21%
Frequently Asked Questions for LIC MF Medium to Long Duration Fund Direct Growth
LIC MF Medium to Long Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.29% | 0.29% |
6 Month Returns | 5.19% | 5.19% |
1 Year Returns | 10.08% | 10.08% |
3 Years Returns | 21.15% | 6.6% |
5 Years Returns | 35.45% | 6.26% |
- 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.
AAA | 100 |