LIC MF Multi Asset Allocation Fund Direct Growth
NAV as on 09-04-2025
₹ 10.22
1D
Inception Returns
2.2%
/yr
Historical NAV & Returns
About LIC MF Multi Asset Allocation Fund Direct Growth
LIC MF Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 14 February, 2025. The fund is managed by Sumit Bhatnagar, Nikhil Rungta. This fund gives you the benefit of diversification.
Key Parameters
- LIC MF Multi Asset Allocation Fund Direct Growth has ₹500 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
LIC MF Multi Asset Allocation Fund Direct Growth has given a CAGR return of 2.17% since inception.
Holdings
LIC MF Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Financial Services, Government, Industrial, Basic Materials, Consumer Cyclical, Health, Utilities, Consumer Defensive, Tech, Energy.
Taxation
As it is a multi asset 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 benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of LIC MF Multi Asset Allocation Fund Direct Growth
The investment objective of the Scheme is to generate long term capital appreciation by investing in diversified portfolio of equity & equity related instruments, debt & money market instruments and units of Gold Exchange Traded Funds (ETFs).
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Multi Asset Allocation Fund Direct Growth has no lock in period.
LIC MF Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 0.56% |
Benchmark | Nifty 500 TRI |
| AUM | ₹500 Cr |
| Inception Date | 14 February, 2025 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (09-Apr-25)
Fund Distribution
as on (28-Feb-25)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 LIC MF Gold ETF | 10.66% | 0% | |
 Aditya BSL Silver ETF | 4.83% | 0% | |
 Kotak Mahindra Bank Ltd | 2.67% | 0% | |
 Blue Star Ltd | 2.1% | 0% | |
 State Bank of India | 1.97% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
LIC MF Multi Asset Allocation Fund Direct Growth | - | - | - | 2.17% |
 Franklin India Multi - Asset Solution Fund of Funds Growth Plan Direct | 10.4% | 11.37% | 10.58% | 7.93% |
 ICICI Prudential Multi-Asset Fund Direct Plan Growth | 8.5% | 17.16% | 26.16% | 16.62% |
 Nippon India Multi Asset Allocation Fund Direct Growth | 6.83% | 14.54% | - | 17.01% |
LIC MF Multi Asset Allocation Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹500 Cr
Expense Ratio 0.56%
More funds from LIC
3Y CAGR
▲ 9.62
5Y CAGR
▲ 14.85
5Y CAGR
▲ 11.25
5Y CAGR
▲ 15.02
5Y CAGR
▲ 5.70
Frequently Asked Questions for LIC MF Multi Asset Allocation Fund Direct Growth
LIC MF Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.67% | 1.67% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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 |