LIC Mutual Fund Debt Hybrid Fund (AD) - Direct Plan is well-suited for investors who are looking for mid-term capital growth along with current income through investments in debt instruments with marginal equity exposure. While this scheme carries 2 investment plans - Regular and Direct, it only offers the Dividend Option on a monthly, quarterly, or yearly basis under both. However, unitholders can opt for either the Dividend Payout or the Dividend Reinvestment facility under this plan. While this mutual fund carries a moderate risk factor, it also provides SIP, STP, and SWP facilities to the unitholders for their convenience. This scheme also allows the repurchase of units on all working days based on the applicable NAV of the day.
Investment Objective of LIC Mutual Fund Debt Hybrid Fund (AD) - Direct Plan
The objective of this scheme is to help investors generate regular income through investments mainly in a portfolio of quality money market instruments and debt securities. This investment plan also aids unitholders generate capital growth by investing a part of the net assets in a diverse portfolio of equity instruments. However, it should be noted that the asset management company (AMC) does not offer any assurance that the investment objective of the plan will be realised and the investor will receive guaranteed returns.
Key Features of LIC Mutual Fund Debt Hybrid Fund (AD) - Direct Plan
A few of the notable features of LIC Mutual Fund Debt Hybrid Fund (AD) - Direct Plan are as mentioned in the table below:
|
Type of fund |
An open-ended hybrid fund that primarily invests in debt instruments |
|
Plans available |
Please note that both the plans will have a common portfolio. |
|
Options under each plan |
Dividend Option
Investors can opt for the dividend option on a monthly, quarterly, or yearly basis. |
|
Risk |
Moderate |
|
Systematic Investment Plan |
Available |
|
Systematic Transfer Plan |
Available |
|
Systematic Withdrawal Plan |
Available |
Investment Amount for LIC Mutual Fund Debt Hybrid Fund (AD) - Direct Plan
The information in this section should be tabulated as shown in the example below:
|
Minimum application amount |
Rs.5,000 and in multiples of Re.1 thereafter |
|
Minimum additional investment |
Rs.500 and subsequently in multiples of Re.1 |
|
Minimum installment for Systematic Investment Plan (SIP) |
|
|
Minimum installment for Systematic Withdrawal Plan (SWP) |
Rs.500 on a monthly or quarterly basis |
|
Entry Load |
Not applicable |
|
Exit Load |
|
Asset Allocation for LIC Mutual Fund Debt Hybrid Fund (AD) - Direct Plan
|
Instruments |
Allocations (Percentage of total assets) |
Risk Profile |
|
Debt or money market instruments |
75% to 90% |
Low to medium |
|
Equity and equity-related securities |
10% to 25% |
Medium to high |
|
Units issued by REITs and InvITs |
0% to 10% |
Medium to high |
Please note that the cumulative gross exposure of the investment plan to debt, equity, derivatives money market, and REITs will not exceed 100% of the net assets of the scheme. Additionally, the mutual fund may participate up to 10% of the total assets under management (AUM) of the scheme in repo of corporate debt securities.
NAV Disclosure and Benchmark for LIC Mutual Fund Debt Hybrid Fund (AD) - Direct Plan
NAV - The Net Asset Value (NAV) of the units of this scheme should be calculated and disclosed to the press, news agencies, and the Association of Mutual Funds in India (AMFI) on all business days. The asset management company (AMC) shall publish the NAVs in a minimum of 2 daily newspapers with countrywide circulation for all working days. Furthermore, the NAVs should also be published on the official website of the AMC at www.licmf.com and the AMFI website at www.amfiindia.com by 9:00 p.m. of all business days. The AMC should also disclose the portfolio of the scheme within 1 month starting from the end of each half-year. The AMC can publish the portfolio on its website, send a complete statement to the unitholders, or advertise in a national English daily newspaper along with a newspaper in the regional language of the place where the AMC is headquartered.
Benchmark Index - The benchmark followed by for LIC Mutual Fund Debt Hybrid Fund (AD) - Direct Plan is CRISIL MIP Blended Index.
LIC Mutual Fund Debt Hybrid Fund (AD) - Direct Plan Fund Manager
The fund managers of LIC Mutual Fund Debt Hybrid Fund (AD) - Direct Plan are Mr. Marzban Irani, who has been handling this plan since 10 August 2016, along with Mr. Saravana Kumar. While Mr. Irani offers his expert guidance to the debt portfolio of the scheme, Mr. Kumar employs his years of experience and knowledge to manage the equity portfolio of the same. Using their thorough understanding of the market, both the fund managers help investors make the right decision in order to achieve their specific investment goals while keeping in mind their risk-taking capacities.
Why You Should Invest in LIC Mutual Fund Debt Hybrid Fund (AD) - Direct Plan
While customers investing in this scheme will be able to earn high returns for medium-term investments in debt and money market securities, they can also benefit from the regular income offered by this mutual fund. This investment plan does not carry any exit load for redemptions and switch-outs made after the completion of 1 year starting from the date of allotment of units.
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