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2 star

LIC MF Unit Linked Insurance


1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.59 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.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -11.39 1.77 -3.08 -3.26 5.90 18.31 -7.00 2.75 4.56 7.99 5.77
VR Balanced TRI -6.25 1.86 -3.27 -2.93 6.46 33.60 -0.85 5.38 8.14 10.22 7.55
Hybrid: Aggressive Hybrid -4.15 1.74 -3.12 -3.02 6.40 25.30 0.03 2.21 6.42 11.52 8.03
Rank within category 42 20 19 27 22 43 41 14 22 22 20
Number of funds in category 44 44 44 44 44 44 43 33 26 23 21

As on 25-Sep-2020

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
2 star
Jun-89 -7.00 2.75 4.56 2.30 288
SBI Equity Hybrid Fund  | Invest Online
5 star
Dec-95 -1.18 5.11 7.83 1.62 31,993
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 0.28 4.32 8.25 1.90 5,720
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
4 star
Jul-15 2.07 5.05 9.28 1.91 3,749
HDFC Children's Gift Fund  | Invest Online
4 star
Mar-01 3.03 4.82 8.69 2.00 3,363

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 4.44 18.25 -0.04 -0.04 0.98 -3.01
VR Balanced TRI 7.49 17.40 0.14 0.15 -- --
Hybrid: Aggressive Hybrid 4.07 16.62 -0.06 -0.06 0.90 -3.19
Rank within category 16 31 15 15 29 17
Number of funds in category 34 34 34 34 34 34

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

As on 31-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 31
Top 10 Holdings (%) 56.70
Top 5 Holdings (%) 36.76
Top 3 Sectors (%) 42.01
Portfolio P/B Ratio 4.02
Portfolio P/E Ratio 22.85
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 364-D 03/09/2020 Treasury Bills SOV 0.00 - 10.46 8.69
equal Reserve Bank of India 91-D 10/09/2020 Treasury Bills SOV 0.00 - 9.40 8.68
equal Reserve Bank of India 91-D 03/09/2020 Treasury Bills SOV 0.00 - 3.76 3.48

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

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 20.16 9.58 8.04 8.49
equal ICICI Bank Financial 23.63 6.58 0.00 5.90
equal Bajaj Finance Financial 37.59 6.18 0.00 5.00
equal Infosys Technology 25.29 5.06 0.00 4.65
equal Kotak Mahindra Bank Financial 29.05 4.43 2.54 4.06
equal Avenue Supermarts Services 133.85 4.53 0.00 3.80
equal Tata Consultancy Services Technology 29.12 5.15 0.00 3.74
equal Reliance Industries Energy 35.04 5.65 0.00 3.69
equal Bharti Airtel Communication -- 3.53 0.00 2.82
equal Tata Consumer Products FMCG 92.68 2.58 0.00 2.58
equal Hindustan Unilever FMCG 71.28 2.64 0.00 2.26
equal Divi's Laboratories Healthcare 50.92 2.23 0.00 2.23
equal Titan Company Cons Durable 118.26 2.06 0.00 2.06
equal Vinati Organics Chemicals 40.48 4.30 1.92 2.03
equal Atul Chemicals 28.35 1.99 0.00 1.99
equal Maruti Suzuki India Automobile 48.66 3.08 1.00 1.71
equal ICICI Prudential Life Insurance Co. Ltd. Financial 55.72 1.83 0.00 1.64
equal Ipca Laboratories Healthcare 28.44 1.66 0.00 1.60
equal Trent Services -- 1.55 0.00 1.45
equal Brigade Enterprises Construction 87.92 2.46 0.92 1.38
equal Asian Paints Chemicals 81.38 1.36 0.00 1.26
equal Tata Chemicals Chemicals 1.05 2.68 1.05 1.20
equal Syngene International Healthcare 58.02 1.16 0.00 1.08
equal Bajaj Electricals Cons Durable -- 1.88 0.61 1.05
equal Torrent Pharmaceuticals Healthcare 40.71 1.01 0.00 0.96

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-Aug-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:


1.77%

Change from previous, NAV as on 25-Sep-2020

Dividend: ₹ 17.8539


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: 8.78%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 288 Cr (As on 31-Aug-2020)
Expense: 2.30% (As on 31-Aug-2020)
Risk Grade: High
Return Grade: Below Average
Turnover: 25.00%

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

Last Session

VR Helpline

What to do with your multi-cap funds

dateSaturday, 26-Sep-2020
time12:30 PM - 01:00 PM

Registration Over