VR Logo

3 star

LIC MF Bond Fund


Debt: Medium to Long Duration

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

Suitability:

Medium to Long Duration debt funds invest in bonds maturing in 4 to 7 years' time. They aim to earn slightly better returns than inflation and bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

We believe that Aggressive Hybrid funds or Large Cap Equity funds, which invest predominantly in shares, are more suitable alternatives for an investment horizon of 5 years or more because of their ability to earn much higher returns. They witness more severe ups and downs than Medium to Long Duration funds but the possibility of incurring a loss is substantially reduced if you invest for 5 years and above.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • 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 25% (effectively 29.12%, 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.

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 6.76 0.02 0.48 1.26 4.83 6.56 11.02 7.32 7.67 7.63 7.76
VR Bond 5.10 0.01 0.18 0.64 2.78 4.88 7.78 7.03 7.50 7.57 7.56
Debt: Medium to Long Duration 6.58 0.03 0.49 1.51 4.54 6.29 10.43 6.48 7.68 7.49 7.84
Rank within category 9 8 9 11 4 9 9 9 10 10 10
Number of funds in category 14 14 14 14 14 14 14 14 14 14 14

As on 03-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
LIC MF Bond Fund  | Invest Online
3 star
Jun-99 11.02 7.32 7.67 1.08 179
ICICI Prudential Bond Fund  | Invest Now
4 star
Aug-08 13.21 8.26 8.78 1.08 3,537
SBI Magnum Income Fund  | Invest Online
5 star
Nov-98 13.97 8.28 9.26 1.47 1,318
IDFC Bond Fund Income Plan - Regular Plan
4 star
Jul-00 13.09 8.28 9.00 1.92 675
Nippon India Income Fund  | Invest Online
4 star
Jan-98 12.47 8.41 9.03 1.75 420

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.18 (15-Apr-2009 - 22-Apr-2009) -3.19 (26-Jul-2010 - 02-Aug-2010)
Month 9.62 (18-Nov-2008 - 18-Dec-2008) -3.61 (17-Jun-2013 - 17-Jul-2013)
Quarter 11.40 (06-Oct-2008 - 05-Jan-2009) -6.25 (20-May-2013 - 19-Aug-2013)
Year 17.69 (05-Dec-2000 - 05-Dec-2001) -1.00 (11-Sep-2017 - 11-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.95 2.99 0.55 1.16 1.41 -0.38
VR Bond 6.73 1.95 0.74 1.57 -- --
Debt: Medium to Long Duration 6.14 3.47 0.42 1.07 1.26 -0.96
Rank within category 9 7 8 8 9 7
Number of funds in category 14 14 14 14 14 14

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 15 27 15 21
Modified Duration (yrs) -- -- -- 5.07
Average Maturity (yrs) 7.29 8.02 6.14 6.99
Yield to Maturity (%) 6.26 7.54 6.26 6.46

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.35% Gujarat State 2029 State Development Loan SOV 0.00 - 15.67 15.67
equal 8.25% Gujarat State 2029 State Development Loan SOV 9.94 - 15.55 15.55
up 7.27% GOI 2026 GOI Securities SOV 0.00 - 19.52 11.16
equal 6.19% IRFC 28/04/2023 Debenture AAA 0.00 - 8.59 8.59
new 7.55% REC 2030 Debenture AAA 0.00 - 8.26 8.26
down 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 14.20 7.88
down 6.45% GOI 2029 GOI Securities SOV 0.00 - 10.17 7.40
up 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 16.89 6.22
equal 7.40% Reliance Industries 25/04/2025 Non Convertible Debenture AAA 0.00 - 5.69 5.69
equal 8.29% State Bank of India 22/01/2025 Debenture AAA 1.89 - 2.98 2.98
down 7.15% HDFC 16/09/2021 Debenture AAA 0.00 - 5.61 2.83
equal 8.60% GOI 2028 Central Government Loan SOV 1.78 - 2.77 2.77
equal 6.79% GOI 26/12/2029 GOI Securities SOV 0.10 - 0.65 0.53
equal 7.98% Gujarat State 2026 State Development Loan SOV 0.21 - 0.33 0.33
equal 7.88% GOI 19/03/2030 GOI Securities SOV 0.01 - 0.52 0.01

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-May-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:


0.02%

Change from previous, NAV as on 03-Jul-2020

Growth: ₹ 56.1216

Dividend Quarterly: ₹ 12.3015


Investment Strategy

The scheme endevours to generate attractive return by investing predominantly in quality debt and money market securities. The scheme may also take a 20 per cent exposure to equity.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: LIC Mutual Fund
Launch Date: 23-Jun-1999
Return Since Launch: 8.54%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 179 Cr (As on 31-May-2020)
Expense: 1.08% (As on 31-May-2020)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly26-Mar-20180.1228

 27-Dec-20170.1445
 28-Sep-20170.1445
 28-Jun-20170.1445
 20-Mar-20170.1445
 02-Jan-20170.1445
 27-Sep-20160.1445
 28-Jun-20160.1445
 29-Mar-20160.1445
 14-Jan-20160.1806
 28-Sep-20150.1806
 28-Jun-20150.1806
 23-Mar-20150.2903
 29-Dec-20140.1815
 16-Oct-20140.1815
 25-Jun-20130.2338
 26-Mar-20130.4405
 27-Dec-20120.1762
 01-Oct-20120.1762
 01-Aug-20120.1762
 27-Mar-20120.7928
 29-Dec-20110.2202
 11-Aug-20110.2202
 11-Oct-20100.0439
 12-Jul-20100.0439

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

Winning and losing

dateSaturday, 04-Jul-2020
time04:00 PM - 05:00 PM

Registration Over