LIC MF Focused 30 Equity Fund
NAV : ₹ 20.65 as of 27 June, 2024
3Y Returns
▲15.26%
Overview
₹ 130.71 Cr
Fund size
₹ 1000
Min SIP
₹ 5000
Lumpsum
30 October 2017
Launch date
Growth
Fund plan
Regular
Scheme type
2
Rating by Value Research
Return Calculator
Over the past
Total Investment of ₹3,00,000
Would have become ₹3,49,064 (+14.06%)
Disclaimer: Past performance is not an indicator of future returns
Equity Holding(s) Distribution
Other Scheme Info
Expense Ratio
Inclusive of GST
2.51%
Stamp Duty
0.005%
Exit Load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.
0
Fund Managers
Fund House
LIC Mutual Fund
Total AUM: 29868.98Cr
LIC Mutual Fund was established in April, 1989, by Life Insurance Corporation of India, the world's largest life insurer. LIC Mutual Fund has a significant ownership of 45% held by LIC of India, making it the principal shareholder in LIC Mutual Fund Asset Management. Other noteworthy stakeholders in this Asset Management Company (AMC) include LIC Housing Finance (39.30%), GIC Housing Finance (11.7...View LIC MF Focused 30 Equity Fund AMC
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
Still have questions?
What is the NAV of LIC MF Focused 30 Equity Fund
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of LIC MF Focused 30 Equity Fund is ₹20.65
What is the AUM of LIC MF Focused 30 Equity Fund?
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of LIC MF Focused 30 Equity Fund is ₹130.71 Cr.
What is the minimum SIP amount for LIC MF Focused 30 Equity Fund?
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of LIC MF Focused 30 Equity Fund is ₹1000
What is the Expense Ratio of LIC MF Focused 30 Equity Fund?
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of LIC MF Focused 30 Equity Fund is 2.51%
What is the Exit load of LIC MF Focused 30 Equity Fund?
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
The Exit load of LIC MF Focused 30 Equity Fund is Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months..
