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LILIC MFDirect · Growth

LIC MF RGESS Fund Series -2 - Growth - Direct Plan

Large Cap FundEquity - Large Cap FundBenchmark: BSE 100
NAV · 20 Mar 2017₹14.17+0.03%
AUM₹20 Crfrom this fund's primary plan
Expense Ratio1.90%
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 securities which are specified as eligible securities for Rajiv Gandhi Equity Savings Scheme (RGESS). The Scheme may also invest a certain portion of its corpus in cash & cash equivalent 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 and MMI0%–5%
Equity securities specified as eligible securities for RGESS95%–100%
Asset Allocation
Domestic Equity94.6%
Debt0.1%
Cash & Equivalents5.0%
Other0.3%
Fund Managers
RV
Ramnath Venkateswaran
Fund Manager
Key Information
1.90%
—
₹5,000
—
Nil
Inception21 Mar 2014
AMCLIC MF
Top Holdings
1State Bank Of IndiaBank8.13%
2Infosys Ltd.IT5.73%
3CBLOOthers5.26%
4Punjab National BankBank5.12%
5Tata Motors Passenger Vehicles Ltd.Automobile & Ancillaries4.83%
6ITC Ltd.FMCG4.26%
7Tata Steel Ltd.Iron & Steel4.03%
8Reliance Industries Ltd.Crude Oil3.93%
9ICICI Bank Ltd.Bank3.10%
10Sun Pharmaceutical Industries Ltd.Healthcare2.86%
Sector Allocation
Bank23.9%
Automobile & Ancillaries11.5%
IT10.5%
FMCG7.4%
Crude Oil7.0%
Healthcare6.2%
Others5.0%
Iron & Steel4.5%
Power4.1%
Finance4.0%
Telecom2.7%
Infrastructure2.3%
Logistics1.9%
Chemicals1.6%
Construction Materials1.6%
Non - Ferrous Metals1.2%
Capital Goods1.0%
Mining1.0%
Diversified0.6%
Gas Transmission0.5%
Media & Entertainment0.5%
Diamond & Jewellery0.4%
Alcohol0.3%
Aviation0.1%
Realty0.1%
On This Page
NAV growthAsset allocationTop holdings
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Trailing Returns
PeriodReturns
1 Day+0.03%
Risk Metrics

Risk metrics are not available for this fund.

Fees
1.90%
—
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