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LIC MF Infra Fund(D)-Direct Plan

LIC MF Infra Fund(D)-Direct Plan
Dividend Yearly
NA
Category
Equity - Infrastructure
52-week NAV high
15.62  (As on 19-04-2018)
52-week NAV low
12.86  (As on 11-10-2018)
Expense
1.6%  (As on 28-02-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 3.20 8.50 14.52 -2.26 6.16 11.33 4.62 10.81 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Jan 01, 2013
Last Dividend
NA
Minimum Investment
5000

The LIC Mutual Fund is a popular and trusted mutual fund company launched on 20 April 1989 by the Life Insurance Corporation of India (LIC). Since this firm is sponsored by the Indian Government it is a highly trusted option when it comes to mutual fund investment.

The LIC MF Infrastructure Fund - Direct Plan - Dividend is an open-ended equity scheme offered by LIC Mutual Fund. This fund invests in equity and equity-linked securities of firms which are directly or indirectly associated with the infrastructure sector. While the direct plan of the scheme allows investors to invest with the fund house directly, the dividend option helps them to earn consistently at the end of the scheme period. Under the dividend investment plan, the customers need to opt for the payout option for getting regular income.

Investment Objective

The main purpose of this scheme is to generate regular income as well as long-term capital gain for the investors through investments made in equity and equity-related securities of infrastructure firms.

Key Features of the Scheme

The LIC MF Infrastructure Fund comes with a number of unique features which are as follows:

Type of Fund It is an open-ended equity scheme which chiefly invests in the securities of companies which are engaged in the infrastructure sector.
Plans Available Regular and Direct
Options Under Each Plan
  • Growth Option
  • Dividend Option
The dividend option has both payout and reinvestment options
Risk High
Systematic Investment Plan Available
Systematic Transfer Plan Available
Systematic Withdrawal Plan Available

Investment Amount for LIC MF Infrastructure Fund

Minimum Application Amount Rs.5,000 and in multiples of Re.1 thereafter
Minimum Additional Investment Rs.500 and in multiples of Re.1 thereafter
Minimum Installment for Systematic Investment Plan (SIP)
  • Daily - Rs.300 and in multiples of Re.1 thereafter
  • Monthly - Rs.1,000 and in multiples of Re.1 thereafter
  • Quarterly - Rs.3,000 and in multiples of Re.1 thereafter
Entry Load Nil
Exit Load 1% - If the investor exits the scheme before the completion of 1 year from unit allotment date. Nil - No exit load will be applicable for exiting the scheme after 1 year from the unit allotment date.

Asset Allocation for LIC MF Infrastructure Fund

Instruments Indicative Allocation Percentage of total assets Risk Profile
Minimum Maximum
Equity and its related securities of firms engaged either directly or indirectly in the infrastructure sector 80% 100% Medium to High
Debt and money market securities 0% 20% Low to Medium

NAV Disclosure and Benchmark for LIC MF Infrastructure Fund

NAV: The LIC MF Infrastructure Fund derives its NAV by dividing its net assets by the number of units that are outstanding on the valuation date. The NAV for each unit of this scheme will be calculated till 4 decimal places and the computed NAV will be announced at the end of every working day. The NAV will also be disclosed on the official website of Association of Mutual Funds in India (AMFI) at www.amfiindia.com and the registered website of LIC Mutual Fund at www.licmf.com on every business day before 9:00 p.m. in the evening. Apart from this, the NAV will also be sent for publication each working day to a minimum of 2 daily newspapers which are widely-circulated across the nation.

Benchmark Index: The benchmark index of the LIC MF Infrastructure Fund is Nifty Infrastructure. The gains and losses of this fund are benchmarked against the performance of this particular index.

Fund Manager of the LIC MF Infrastructure Fund

Mr. Sachin Relekar is the fund manager of the LIC MF Infrastructure Fund. He has been managing this fund since 5 March 2018. Mr. Relekar was a part of companies like Tech Pacific India Pvt. Limited, Innovision Consulting, and CD Equity Research Pvt. Ltd. before he joined LIC Mutual Fund. LIC MF Tax Plan, LIC MF Midcap Fund, and LIC MF Large Cap Fund are the other funds managed by him.

Why Should You Invest in the LIC MF Infrastructure Fund - Direct Plan - Dividend?

The following are the reasons why you should consider investing in the LIC MF Infrastructure Fund - Direct Plan - Dividend:

  • Fulfill varied investment objectives: The LIC MF Infrastructure Fund is perfect for investors who want to have a regular flow of income while also building their wealth across a long investment period.
  • Lucrative returns for the investors: This scheme has the potential of offering high returns to the investors as it invests in the growth-oriented equity market in India. Apart from that, by investing through the direct method the investors can save a lot of money on the distributor cost.
  • Professional risk-management: This scheme being managed by a professional and well-experienced fund manager, the risks associated with it will be efficiently managed. Thus, you can be assured that your money is in the safe hands.

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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.

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