Item: LIC MF Equity Savings Growth Option Direct
Rating: 3
Author: Morningstar

Home › Mutual Funds › IDBI Mutual Fund › LIC MF Equity Savings Growth Option Direct

27.651 (-0.038%)

NAV on April 26, 2024

Category Allocation:
Equity Savings

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

N/A

Total Assets 15 cr

Turnover Ratio

Expense Ratio 1.00%

Exit Load 1.00%if redeemed within
3 Months0.00%if redeemed after 3 Months

Returns

1M: 2.09%
1Y: 18.16%
3M: 3.69%
3Y: 9.72%
6M: 10.40%
5Y: 9.72%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Sumit Bhatnagar (Since 7 months) Pratik Shroff (Since 7 months)

ISIN INF397L01AZ5

Fund Family IDBI

P/E Ratio 24.16

P/B Ratio 3.68

Launch Date January 01, 2013

Benchmark NIFTY Equity Savings TR INR

Avg. Maturity -

Yield To Maturity (%) -

SECTOR WEIGHTINGS (%)

Financial 27.39%

Industrial 6.44%

Technology 20.08%

Basic Materials 21.17%

Consumer Cyclical 5.29%

Utilities Services 1.99%

Healthcare Services 5.06%

Energy Services 3.37%

Communication Services 0.00%

Consumer Defensive 8.10%

Real Estate 1.11%

INVESTMENT OBJECTIVE

The investment objective of the Scheme is to generate regular income by investing in Debt and money market instruments and using arbitrage and other derivative strategies. The Scheme also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
HSBC Equity Savings Direct Plan Growth Plan	32.602	24.84%	230 cr	0.61%	Average
Mahindra Manulife Equity Savings Fund Direct Growth	21.617	21.99%	465 cr	0.77%	High
Kotak Equity Savings Fund Direct Growth	25.664	20.90%	4,813 cr	0.73%	Below Average
HDFC Equity Savings Fund -Direct Plan - Growth Option	66.765	19.34%	3,994 cr	0.99%	Above Average
Mirae Asset Equity Savings Fund Direct Growth	18.967	18.83%	930 cr	0.25%	Above Average
UTI Equity Savings Fund Direct Growth	17.494	18.62%	341 cr	0.73%	Average
Edelweiss Equity Savings Fund Direct Growth	24.274	17.96%	372 cr	0.92%	Below Average