LILIC MFDirect · IDCW

LIC MF Diversified Equity Fund - Series 1 - Dividend - Direct Plan

Multi Cap FundEquity - Multi Cap FundBenchmark: BSE 200
NAV · 12 Sep 2017₹10.00-9.08%
AUM₹60 Crfrom this fund's primary plan
Expense Ratio2.40%
CAGR
Exit Load
Min SIP
Launched2014

Investment Objective

The primary investment objective of the Scheme is to generate capital appreciation, from a portfolio that is substantially constituted of equity and equity related securities constituting S&P BSE 200 Index Companies. The Scheme may also invest a certain portion of its corpus in cash & cash equivalent, debt and money market instruments from time to time. However, there is no assurance that the investment objective of the Scheme will be realized.

Fund Mandate

Cash & cash equivalents, Debt and MMI0%–20%
Equity & Equity related instruments constituted of Co's in S&P BSE 200 Index80%–100%
Fund Managers
RV
Ramnath Venkateswaran
Fund Manager
Key Information
2.40%
₹5,000
Nil
Inception09 Sep 2014
AMCLIC MF
Top Holdings

Portfolio holdings not disclosed for this fund yet.

Trailing Returns
PeriodReturns
1 Day-9.08%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.40%
Nil
₹5,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme