Holdings (17)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Tamilnadu State | Others | SDL | 10.77% |
| GOI | Sovereign | GOI Sec | 10.61% |
| GOI | Sovereign | GOI Sec | 10.56% |
| Karnataka State | Others | SDL | 10.32% |
| GOI | Sovereign | CGL | 10.28% |
| GOI | Sovereign | GOI Sec | 9.39% |
| Nuclear Power Corpn. Of India Ltd. | Energy | Debenture | 8.21% |
| GOI | Sovereign | GOI Sec | 4.14% |
| ICICI Bank Ltd. | Financial | Equity | 3.71% |
| HDFC Bank Ltd. | Financial | Equity | 3.53% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 9.69% | 7.13% | 8.21% | 8.21% |
| Category Average | 9.19% | 8.71% | 10.05% | NA% |
| Rank Within Category | 19.00% | 28.00% | 24.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.2%
Inclusive of GST
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Fund management
Education
Mr. Rungta has done CA, MBA (Finance), FRM
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Bajaj Allianz Life Insurance Company, Anand Rathi Shares & Stock Brokers Ltd., Standard Chartered Securities (India) Ltd., Religare Capital Markets Ltd. and Moody’s Investor Service -ICRA Ltd.
Managed Schemes
LIC MF Flexi Cap Fund Direct Growth
LIC MF Large Cap Fund Direct Growth
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Children's Fund Direct Growth
Nippon India Capital Builder Fund IV Series C Direct Growth
Nippon India Capital Builder Fund IV Series D Direct Growth
Nippon India Flexi Cap Fund Direct Growth
LIC MF Small Cap Fund Direct Growth
Education
Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience
Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities
Managed Schemes
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Medium to Long Duration Fund Direct Growth
LIC MF Gilt Fund Direct Growth
LIC MF Children's Fund Direct Growth
LIC MF Banking & PSU Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Short Duration Fund Direct Growth