LIC MF Bond(G)

LIC MF Bond Fund(G)
Dividend Yearly
NA
Category
Debt - Income
52-week NAV high
52.62  (As on 04-12-2019)
52-week NAV low
47.40  (As on 10-12-2018)
Expense
1.07%  (As on 31-10-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.33 0.70 4.27 9.65 6.54 5.25 7.03 6.81 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Sep 15, 1999
Last Dividend
NA
Minimum Investment
5000

The LIC Mutual Fund is a subordinate of the Life Insurance Corporation of India (LIC) which was established on 20 April 1989. The Life Insurance Corporation of India (LIC) is one of the most trusted insurance providers in India which is backed by the Government of India. LIC Mutual Fund is managed by LIC Mutual Fund Asset Management Limited and LIC Mutual Fund Trustee Private Limited is the trustee to the fund house. It is sponsored by the Life Insurance Corporation of India (LIC).

The LIC MF Bond Fund - Growth is an open-ended medium-term debt scheme.

Investment Objective of the LIC MF Bond Fund - Growth

The main objective of investment of the LIC MF Bond Fund - Growth scheme is to promote the generation of an attractive return through investments made for a period of 4 to 7 years. However, there is no assurance on the realisation of the investment objectives.

Key Features of the LIC MF Bond Fund - Growth

The key features of the LIC MF Bond Fund - Growth are as follows:

Type of fund

An open-ended medium-term debt scheme that primarily invests in instruments for a Macaulay duration of 4 to 7 years.

Plans available

  • LIC MF Bond Fund - Regular Plan
  • LIC MF Bond Fund - Direct Plan

Options under each plan

  • LIC MF Bond Fund - Regular Plan - Growth Plan
  • LIC MF Bond Fund - Regular Plan - Dividend Plan
    • Dividend Payout Option
    • Dividend Reinvestment Option
  • LIC MF Bond Fund - Direct Plan - Growth Plan
  • LIC MF Bond Fund - Direct Plan - Dividend Plan
    • Dividend Payout Option
    • Dividend Reinvestment Option

Risk

Moderate

Systematic Investment Plan (SIP)

Available

Systematic Transfer Plan (STP)

Available

Systematic Withdrawal Plan (SWP)

Available

Investment Amount for the LIC MF Bond Fund - Growth

Minimum application amount

Rs.5,000 and in multiples of Re.1 subsequently

Minimum additional investment

Rs.500 and in multiples of Re.1 subsequently

Minimum instalment for Systematic Investment Plan (SIP)

  • Monthly basis: Minimum amount: Rs.1,000 per instalment and in multiples of Re.1 subsequently
  • Quarterly basis: Minimum amount: Rs.3,000 per instalment and in multiples of Re.1 subsequently

Minimum instalment for Systematic Withdrawal Plan (SWP)

  • Monthly basis: Minimum amount: Rs.500 per instalment and in multiples of Re.1 subsequently
  • Quarterly basis: Minimum amount: Rs.500 per instalment and in multiples of Re.1 subsequently

Minimum instalment for Systematic Transfer Plan (STP)

Rs.100 per instalment and in multiples of Re.1 subsequently

Entry Load

N/A

Exit Load

  • If units are redeemed or switched out on or before the completion of 1 year from the date on which the units are allotted: 1%
  • If units are redeemed or switched out after the completion of 1 year from the date on which the units are allotted: Nil

Asset Allocation for the LIC MF Bond Fund - Growth

Type of security

Indicative Allocations (percentage of total assets)

Risk Profile

Minimum

Maximum

High/Medium/Low

Debt

60%

100%

Low to Medium

Money market

0%

40%

Low

Units issued by REITs and InvITs

0%

10%

Medium to High

NAV Disclosure and Benchmark for the LIC MF Bond Fund - Growth

The value of net assets of the scheme is divided by the total number of outstanding units under the scheme on the date of valuation to determine the Net Asset Value or NAV of each unit under the scheme. The following formula is used to determine the Net Asset Value:

Net Asset Value or NAV = (Market or Fair Value of the investment of the scheme + Current Assets - Current Liabilities and Provisions) / Number of units under the scheme that is outstanding on the date of valuation. The NAV is calculated up to 4 decimal places.

The benchmark of the LIC MF Bond Fund is CRISIL Composite Bond Fund Index.

LIC MF Bond Fund - Growth Fund Manager

The LIC MF Bond Fund - Growth scheme is managed by Mr. Marzban Irani. He has a PGDBM degree from Chetana’s Institute of Management & Research, Mumbai and a Bachelor’s degree in Commerce from Mumbai University. He has been managing the fund since 10 August 2016.

Why should you invest in LIC MF Bond Fund - Growth?

LIC Mutual Fund is an associate company of the Life Insurance Corporation (LIC) of India, which is one of the most reliable and most trusted brands in India. Moreover, it is backed by the Government of India. With sufficient support from the AMC, the LIC Mutual Fund is a great option to invest in. If the basic objective of an investor is to generate attractive returns through investments made for a short term (4 to 7 years), the LIC MF Bond Fund - Growth is a great option.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar’s partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

GST rate of 18% applicable for all financial services effective July 1, 2017.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

reTH65gcmBgCJ7k
This Page is BLOCKED as it is using Iframes.