LILIC MFGrowth

LIC Nomura MF Systematic Asset Allocation Fund - Growth

hybridHybrid - Multi Asset AllocationBenchmark: BSE SENSEX
NAV · 06 May 2013₹10.25+0.50%
AUM₹40 Cr
Expense Ratio2.38%
CAGR
Exit Load1% on or before 1Y,Nil thereafter.
Min SIP₹500
Launched2007

Investment Objective

The investment objective of the scheme is to achieve a long term growth by investing systematically in the Equity / Equity related instruments

Fund Mandate

Debt & MMI0%–20%
Equity80%–100%
Asset Allocation
Domestic Equity95.3%
Cash & Equivalents2.2%
Other2.5%
Fund Managers
NK
Nobutaka Kitajima
Fund Manager
Key Information
2.38%
₹500
₹2,000
1% on or before 1Y,Nil thereafter.
Nil
Inception14 Sep 2007
AMCLIC MF
Top Holdings
1ITC LtdConsumer Non Durables9.32%
2Housing Development Finance Corporation LtdFinance7.68%
3Larsen & Toubro LtdConstruction Project7.51%
4Reliance Industries LtdPetroleum Products7.44%
5Infosys LtdSoftware7.35%
6HDFC Bank LtdBanks7.07%
7ICICI Bank LtdBanks6.44%
8Tata Motors LtdAuto6.39%
9State Bank of IndiaBanks5.62%
10Mahindra & Mahindra LtdAuto4.56%
Sector Allocation
Banks22.8%
Consumer Non Durables13.0%
Software11.8%
Auto11.0%
Finance7.7%
Construction Project7.5%
Petroleum Products7.4%
Other5.4%
Telecom - Services3.5%
Ferrous Metals2.6%
Oil2.4%
Pharmaceuticals2.3%
Minerals/Mining2.1%
Trailing Returns
PeriodReturns
1 Day+0.50%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.38%
1% on or before 1Y,Nil thereafter.
Nil
₹500
₹2,000
Capital Gains Tax, general rules

This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.

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