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LIC MF Unit Linked Insurance


1 Lakh

Investment Grown to
₹ 1.37 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.17 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80% of your money in equity shares and the rest in bonds and commodities. Their returns are slightly lower than 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 its sharp ups and downs.

Like 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 0.97 -0.05 0.25 0.62 5.77 11.96 17.26 11.03 6.25 9.87 8.34
VR Balanced TRI -0.70 -0.45 -0.76 -1.23 3.67 6.45 13.42 11.98 7.49 10.91 10.18
Hybrid: Aggressive Hybrid 1.22 -0.28 0.22 0.94 4.40 7.86 11.86 8.06 6.81 11.79 10.74
Rank within category 26 6 18 27 6 5 7 5 15 18 19
Number of funds in category 43 43 43 43 42 42 38 31 24 23 21

As on 28-Jan-2020

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) -27.11 (12-May-2006 - 13-Jun-2006)
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 12.70 11.22 0.62 0.89 0.97 -0.71
VR Balanced TRI 13.65 10.24 0.77 1.18 -- --
Hybrid: Aggressive Hybrid 9.64 9.97 0.40 0.62 0.85 -2.86
Rank within category 4 29 5 7 29 6
Number of funds in category 32 32 32 32 32 32

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

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 33
Top 10 Holdings (%) 58.83
Top 5 Holdings (%) 38.16
Top 3 Sectors (%) 53.96
Portfolio P/B Ratio 3.71
Portfolio P/E Ratio 29.88

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 182-D 12/03/2020 Treasury Bills SOV 0.00 - 9.17 8.92
new Reserve Bank of India 364-D 03/09/2020 Treasury Bills SOV 0.00 - 7.88 7.88
equal 9.64% Power Grid Corporation 31/05/2020 Bonds AAA 2.65 - 3.13 2.65
new Reserve Bank of India 364-D 12/03/2020 Treasury Bills SOV 0.00 - 1.62 1.62

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
down HDFC Bank Financial 25.50 9.58 7.65 9.08
down ICICI Bank Financial 36.03 6.58 0.00 6.58
down Bajaj Finance Financial 51.71 5.86 0.00 5.70
equal Reliance Industries Energy 21.51 5.65 0.00 5.44
down Kotak Mahindra Bank Financial 35.63 4.15 2.44 4.05
down Bajaj Finserv Financial 41.07 4.44 0.00 3.98
equal Tata Consultancy Services Technology 25.28 5.15 0.00 3.80
equal Vinati Organics Chemicals 34.01 4.30 2.15 3.40
equal City Union Bank Financial 24.39 3.39 0.96 3.39
equal Infosys Technology 20.26 2.87 0.00 2.50
equal HDFC Financial 19.28 4.03 0.00 2.42
equal Tata Chemicals Chemicals 15.60 2.56 1.86 2.40
equal Cholamandalam Invest. & Fin. Financial 19.45 2.44 0.00 2.33
equal Brigade Enterprises Construction 25.10 2.32 0.95 2.25
equal Avenue Supermarts Services 99.16 2.17 0.00 1.95
equal Mahindra & Mahindra Automobile 13.06 2.97 0.00 1.74
equal Maruti Suzuki India Automobile 34.77 3.08 0.00 1.73
equal Hindustan Unilever FMCG 67.75 1.86 0.00 1.60
equal Axis Bank Financial 43.42 4.60 0.00 1.52
equal Indian Hotels Services 47.07 1.45 0.00 1.39
equal Hindalco Inds. Metals 75.40 2.62 0.00 1.23
equal Asian Paints Chemicals 62.81 1.16 0.00 1.11
equal P&G Hygiene & Health Care FMCG 87.77 1.16 0.00 1.05
equal Exide Industries Engineering 20.84 1.76 1.03 1.03
equal L&T Finance Holdings Financial 12.84 1.19 0.00 1.03

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-2019

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:

— Sachin Relekar since 07-Apr-2014

Education: Mr. Relekar is an MMS(Finance) from Jamnalal Bajaj Institute of Management Studies Mumbai and B.E (Mechanical) from K.E.S. College of Engineering Islampur.

Experience: Prior to joining LIC Mutual Fund he has worked with Sundaram Mutual Fund, Tata AMC, CD Equity Search, Innovision Consulting and Tech Pacific India.

Funds Managed:


-0.05%

Change from previous, NAV as on 28-Jan-2020

Dividend: ₹ 20.3427


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: 9.44%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 307 Cr (As on 31-Dec-2019)
Expense: 2.45% (As on 31-Dec-2019)
Risk Grade: Above Average
Return Grade: Average
Turnover: 16.00%

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: www.licmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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dateFriday, 31-Jan-2020
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