The asset management company (AMC) for the LIC Mutual Fund is LIC Mutual Fund Asset Management Limited. The LIC Mutual Fund Trustee Private Limited is the trustee to the mutual fund. The mutual fund is sponsored by the Life Insurance Corporation (LIC) of India.
The LIC MF Debt Hybrid Fund is an open-ended hybrid scheme that predominantly invests in debt instruments.
Investment Objectives of the LIC MF Debt Hybrid Fund - Regular Plan - Growth Option
The main objective of investment of the LIC MF Debt Hybrid Fund - Regular Plan - Growth Option is to facilitate the generation of regular income through investments made in a portfolio of money market securities and debt securities. However, the realisation of the investment objective is not assured.
Key Features of the LIC MF Debt Hybrid Fund - Regular Plan - Growth Option
The key features of the LIC MF Debt Hybrid Fund - Regular Plan - Growth Option are as follows:
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Type of fund |
An open-ended hybrid scheme that predominantly invests in debt instruments. |
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Plans available |
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Options under each plan |
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Risk |
Moderate |
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Systematic Investment Plan (SIP) |
Available |
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Systematic Transfer Plan (STP) |
Available |
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Systematic Withdrawal Plan (SWP) |
Available |
Investment Amount for the LIC MF Debt Hybrid Fund - Regular Plan - Growth Option
|
Minimum application amount |
Rs.5,000 and in multiples of Re.1 thereafter |
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Minimum additional investment |
Rs.500 and in multiples of Re.1 thereafter |
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Minimum instalment for Systematic Investment Plan (SIP) |
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Minimum instalment for Systematic Withdrawal Plan (SWP) |
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Minimum instalment for Systematic Transfer Plan (STP) |
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Entry Load |
N/A |
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Exit Load |
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Asset Allocation for the LIC MF Debt Hybrid Fund - Regular Plan - Growth Option
|
Type of security |
Indicative Allocations (percentage of total assets) |
Risk Profile |
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Minimum |
Maximum |
High/Medium/Low |
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Debt and money market instruments |
75% |
90% |
Low to Medium |
|
Equity |
10% |
25% |
Medium to High |
|
Units issued by REITs and InvIT |
0% |
10% |
Medium to High |
NAV Disclosure and Benchmark of the LIC MF Debt Hybrid Fund - Regular Plan - Growth Option
The Net Asset Value or NAV of each unit is calculated under the LIC MF Debt Hybrid Fund - Regular Plan - Growth Option. This calculation is done on the basis of the recommendations of the SEBI (Mutual Fund) Regulations, 1996. The net asset under the scheme is divided by the total number of units under the scheme which are outstanding on the date of valuation to achieve the NAV of the fund. The NAV is calculated and rounded off to up to 4 decimal places.
The benchmark of the LIC MF Debt Hybrid Fund is CRISIL MIP Blended Index.
LIC MF Debt Hybrid Fund - Regular Plan - Growth Option Fund Manager
The LIC MF Debt Hybrid Fund - Regular Plan - Growth Option is managed by the following fund managers:
- Mr. Marzban Irani
- Mr. Saravana Kumar
Mr. Saravana Kumar is the Chief Investment Officer of LIC Mutual Fund Asset Management Limited.
Why should you invest in LIC MF Debt Hybrid Fund - Regular Plan - Growth Option?
In addition to being one of the oldest mutual funds in India, the LIC Mutual Fund is one of the fastest growing mutual funds as well. It is highly reliable as it is backed by the Life Insurance Corporation (LIC) of India. If the investment objective of the scheme matches the investment objective of an investor, the LIC MF Debt Hybrid Fund - Regular Plan - Growth scheme is one of the best options to invest in.
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