VR Logo

3 star

LIC MF Unit Linked Insurance


1 Lakh

Investment Grown to
₹ 1.19 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.32 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.77 -0.37 0.37 1.97 16.25 24.41 6.47 5.99 10.31 10.29 8.22
VR Balanced TRI 2.41 -1.29 -0.35 5.78 17.80 24.80 18.01 10.28 14.12 12.72 10.46
Hybrid: Aggressive Hybrid 1.47 -0.53 -0.23 2.79 15.49 22.09 13.69 5.99 11.53 13.15 10.75
Rank within category 36 14 4 36 17 9 42 14 19 22 20
Number of funds in category 45 45 45 44 44 43 43 32 26 24 21

As on 25-Jan-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
LIC MF Unit Linked Insurance  | Invest Online
3 star
Jun-89 6.47 5.99 10.31 2.28 339
SBI Equity Hybrid Fund  | Invest Online
4 star
Dec-95 11.66 8.40 12.37 1.70 35,655
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 15.65 8.76 13.47 1.87 6,194
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
5 star
Jul-15 14.87 8.58 13.89 1.86 4,379
Canara Robeco Equity Hybrid Fund - Regular Plan  | Invest Online
5 star
Feb-93 18.79 10.68 13.79 1.97 4,170

Best & Worst Performance

Best (Period) Worst (Period)
Week 14.85 (27-Oct-2008 - 04-Nov-2008) -16.66 (10-May-2004 - 17-May-2004)
Month 18.55 (14-Jun-2006 - 14-Jul-2006) -30.85 (20-Feb-2020 - 23-Mar-2020)
Quarter 34.03 (09-Mar-2009 - 10-Jun-2009) -30.80 (28-Jul-2008 - 27-Oct-2008)
Year 68.36 (02-May-2005 - 02-May-2006) -46.97 (04-Dec-2007 - 03-Dec-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.14 19.03 0.18 0.18 0.98 -3.63
VR Balanced TRI 11.89 18.30 0.39 0.46 -- --
Hybrid: Aggressive Hybrid 7.45 17.49 0.16 0.18 0.91 -3.79
Rank within category 13 30 14 16 30 17
Number of funds in category 33 33 33 33 33 33

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 29
Top 10 Holdings (%) 62.88
Top 5 Holdings (%) 39.76
Top 3 Sectors (%) 49.98
Portfolio P/B Ratio 4.91
Portfolio P/E Ratio 28.01
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 182-D 04/03/2021 Treasury Bills SOV 0.00 - 12.05 10.28
equal Reserve Bank of India 182-D 11/03/2021 Treasury Bills SOV 0.00 - 8.60 7.34
equal Reserve Bank of India 182-D 18/03/2021 Treasury Bills SOV 0.00 - 1.54 1.47
new Reserve Bank of India 91-D 18/03/2021 Treasury Bills SOV 0.00 - 1.47 1.47

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 25.65 9.58 8.04 8.28
equal Infosys Technology 30.01 7.07 0.00 7.07
equal ICICI Bank Financial 26.21 6.79 0.00 6.79
equal Tata Consultancy Services Technology 39.00 6.12 0.00 5.71
down Bajaj Finance Financial 72.83 6.18 0.00 5.52
equal Kotak Mahindra Bank Financial 38.07 4.95 2.73 4.91
down Avenue Supermarts Services 190.38 4.53 0.00 4.23
equal Reliance Industries Energy 30.57 5.65 0.00 2.75
equal Titan Company Cons Durable 185.13 2.49 0.00 2.49
equal Tata Consumer Products FMCG 84.91 2.58 0.00 2.43
equal Divi's Laboratories Healthcare 52.81 2.33 0.00 2.33
equal Hindustan Unilever FMCG 79.17 2.64 0.00 2.17
equal Bajaj Finserv Financial 39.96 4.44 0.00 1.99
down Bharti Airtel Communication -- 3.53 0.00 1.94
equal Atul Chemicals 31.72 2.11 0.00 1.88
equal Vinati Organics Chemicals 44.65 4.30 1.68 1.68
equal Brigade Enterprises Construction -- 2.46 0.92 1.67
equal ICICI Prudential Life Insurance Co. Ltd. Financial 67.13 1.83 0.00 1.64
equal Maruti Suzuki India Automobile 59.56 3.08 1.00 1.63
equal Asian Paints Chemicals 85.33 1.56 0.00 1.56
equal Tata Chemicals Chemicals 1.89 2.68 1.05 1.56
equal Torrent Pharmaceuticals Healthcare 37.41 1.35 0.00 1.35
equal Trent Services -- 1.55 0.00 1.33
new Alkem Laboratories Healthcare 24.83 1.26 0.00 1.26
equal Syngene International Healthcare 63.58 1.26 0.00 1.23

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2020

Fund Manager

— Marzban Irani since 10-Aug-2016

Education: Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai.

Experience: Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.

Funds Managed:

— Yogesh Patil since 18-Sep-2020

Education: Mr. Patil is an MBA (Finance).

Experience: Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.

Funds Managed:

— Ritu Modi since 18-Sep-2020

Education: B.Com. and (MBA Finance)

Experience: Prior to joining LIC Mutual Fund, she has worked with Ambit Capital as Research Analyst.

Funds Managed:


-0.37%

Change from previous, NAV as on 25-Jan-2021

Dividend: ₹ 21.7752


Investment Strategy

The scheme seeks to provide long term capital appreciation along with the benefits of Tax rebate and Insurance as well as additional benefit of a life cover and free accident insurance cover over a period of 10 years or 15 years. The scheme invests its portfolio in equity and debt instruments and also in money market instruments.

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: LIC Mutual Fund
Launch Date: 19-Jun-1989
Return Since Launch: 9.36%
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 339 Cr (As on 31-Dec-2020)
Expense: 2.28% (As on 31-Dec-2020)
Risk Grade: High
Return Grade: Average
Turnover: 27.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend18-Feb-20130.1500

 26-Nov-20073.0000
 22-Jan-20071.8000
 05-Sep-20061.0000
 12-Apr-20061.6000
 06-Feb-20060.8000
 04-Nov-20052.0000
 10-Mar-20051.1500
 01-Nov-20040.8500
 29-Jan-20040.8500
 30-Oct-20031.0000
 30-May-20020.7500
 17-May-20001.0000
 18-May-19991.0000
 21-May-19981.0000
 31-Mar-19970.6000
 31-Mar-19950.7500
 31-Mar-19940.5000
 30-Sep-19931.0000
 30-Sep-19921.3500
 30-Sep-19911.3000
 30-Sep-19901.2500

Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

Address: Industrial Assurance Building 4th Floor, Opp. Churchgate Station Mumbai - 400020

Phone: 022-66016000 / 1800-258-5678

Fax: 022-22880633

Email: [email protected]

Website: http://www.licmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Understanding the new risk-o-meter

dateFriday, 29-Jan-2021
time12:30 PM - 01:00 PM