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2 star

LIC MF Unit Linked Insurance


1 Lakh

Investment Grown to
₹ 1.57 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.15 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 26.67 -0.11 2.08 6.05 12.48 23.87 52.94 16.11 12.70 10.75 11.56
VR Balanced TRI 25.00 0.00 2.31 6.20 11.42 20.93 52.70 17.26 15.18 12.61 13.74
Hybrid: Aggressive Hybrid 26.35 -0.05 1.59 4.98 9.87 20.82 49.50 16.08 12.85 12.22 13.85
Rank within category 17 30 6 7 7 6 13 17 16 20 22
Number of funds in category 48 49 49 49 49 49 46 39 30 26 24

As on 27-Sep-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
2 star
Jun-89 52.94 16.11 12.70 2.37 411
SBI Equity Hybrid Fund  | Invest Online
4 star
Dec-95 49.13 17.93 14.05 1.62 45,748
ICICI Prudential Equity & Debt Fund  | Invest Now
4 star
Nov-99 69.60 18.16 14.80 1.80 17,880
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 51.27 19.51 13.71 1.87 7,516
Canara Robeco Equity Hybrid Fund - Regular Plan  | Invest Online
5 star
Feb-93 45.34 18.73 14.65 1.93 6,493

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 13.14 18.94 0.48 0.45 0.97 -1.33
VR Balanced TRI 14.75 18.44 0.58 0.69 -- --
Hybrid: Aggressive Hybrid 13.56 17.66 0.54 0.59 0.91 -0.19
Rank within category 22 34 26 34 35 27
Number of funds in category 40 40 40 40 40 40

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

As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 41
Top 10 Holdings (%) 59.91
Top 5 Holdings (%) 43.30
Top 3 Sectors (%) 45.76
Portfolio P/B Ratio 5.19
Portfolio P/E Ratio 37.84
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 91-D 02/09/2021 Treasury Bills SOV 0.00 - 19.78 18.25
new Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 0.60 0.60
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 0.54 0.50
equal Reserve Bank of India 91-D 16/09/2021 Treasury Bills SOV 0.00 - 0.52 0.49

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 Infosys Technology 35.65 7.39 0.00 7.08
equal ICICI Bank Financial 25.29 7.03 3.70 6.44
equal HDFC Bank Financial 27.40 9.58 5.83 6.06
equal Tata Consultancy Services Technology 41.22 6.39 2.49 5.47
equal Bajaj Finance Financial 105.50 6.18 3.26 4.91
equal Avenue Supermarts Services 246.69 4.53 0.00 4.25
equal Divi's Laboratories Healthcare 64.10 2.61 0.00 2.58
down Bajaj Finserv Financial 70.22 4.44 0.58 2.53
equal Reliance Industries Energy 35.45 5.65 2.07 2.34
equal Atul Chemicals 39.51 2.36 0.00 2.20
equal Tata Consumer Products FMCG 107.85 2.58 0.00 2.10
equal Hindustan Unilever FMCG 77.85 2.64 0.00 2.01
equal Bajaj Electricals Consumer Durable 88.07 2.21 0.61 1.99
equal Titan Company Consumer Durable 144.22 2.49 0.00 1.98
down Kotak Mahindra Bank Financial 40.58 4.95 1.91 1.91
equal Vinati Organics Chemicals 69.70 4.30 1.68 1.89
equal Brigade Enterprises Construction -- 2.46 0.92 1.65
equal Tata Chemicals Chemicals 43.88 2.68 1.05 1.65
equal Asian Paints Chemicals 94.29 1.56 0.00 1.49
equal Alkem Laboratories Healthcare 29.39 1.38 0.00 1.38
equal Trent Services -- 1.55 0.00 1.37
equal SRF Diversified 46.63 1.25 0.00 1.25
equal State Bank of India Financial 15.92 1.48 0.00 1.20
equal Bharti Airtel Communication 375.38 3.53 0.00 1.17
equal Maruti Suzuki India Automobile 43.58 3.08 1.00 1.17

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-2021

Fund Manager

— 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:

— Dikshit Mittal since 06-Sep-2021

Education: Mr. Mittal is a MBA (Finance) - ICFAI Busines School, Hyderabad. B-Tech (Chemical) - Punjab Technical University.

Experience: Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.

— 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:


-0.11%

Change from previous, NAV as on 27-Sep-2021

IDCW: ₹ 27.3699


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 (₹) --
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: LIC Mutual Fund
Launch Date: 19-Jun-1989
Return Since Launch: 9.94%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 411 Cr (As on 31-Aug-2021)
Expense: 2.37% (As on 31-Aug-2021)
Risk Grade: High
Return Grade: Average
Turnover: 19.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW18-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

Viewpoint

The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM