LIC MF Liquid Fund

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Value Research Rating

2 star

Analyst’s Choice

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Riskometer

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Low to Moderate

₹4,303.3135

As on 03-Mar-2024

Returns

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Calculate SIP Returns of LIC MF Liquid Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Low to Moderate risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of LIC MF Liquid Fund

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of LIC MF Liquid Fund

Assets info

₹11,416 Cr

Exit Load (Days) info

0.01 (1)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

1,000

Min. No of Cheques

12

Investment Strategy

The fund seeks to generate reasonable return with low risk and high liquidity from a portfolio of debt and money market instruments.

Suitability

"Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run."

Taxation

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • 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.

FAQ for LIC MF Liquid Fund

LIC MF Liquid Fund is mandated to invest in bonds having a maturity of up to three months.

Mutual funds can be bought directly from the website of the fund house. For instance, LIC MF Liquid Fund fund can be purchased from the website of LIC Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of LIC MF Liquid Fund is ₹4,303.3135 as of 02-Mar-2024.

The AUM of LIC MF Liquid Fund Fund is ₹11,416 Cr as of 31-Jan-2024

The riskometer level of LIC MF Liquid Fund is Low to Moderate. See More

Company Percentage of Portfolio

Punjab National Bank CD 20/02/2024

4.36

Birla Group Holdings Pvt. Ltd CP 91-D 19/02/2024

2.88

National Bank For Agriculture & Rural Development CP 90-D 22/02/2024

2.62

National Bank For Agriculture & Rural Development CP 91-D 14/03/2024

2.61

Canara Bank CD 06/03/2024

2.61
See More

As of 31-Jan-2024, LIC MF Liquid Fund had invested 91.89% in Debt and 8.15% in Cash & Cash Eq. See More

LIC MF Liquid Fund is 21 years 11 months old. It has delivered 6.90% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.13%
5.23%
5.17%
5.70%
6.44%
6.90%

No, There is no lock in period in LIC MF Liquid Fund.

The expense ratio of LIC MF Liquid Fund is 0.21.

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