LIC MF Infra Fund(G)-Direct Plan

LIC MF Infra Fund(G)-Direct Plan
Dividend Yearly
NA
Category
Equity - Infrastructure
52-week NAV high
16.15  (As on 02-12-2019)
52-week NAV low
13.37  (As on 18-02-2019)
Expense
1.37%  (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 2.46 12.76 0.40 15.48 1.25 11.48 8.57 5.38 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jan 01, 2013
Last Dividend
NA
Minimum Investment
5000

The LIC MF Infrastructure Fund - Direct Plan - Growth is an open-ended equity scheme offered by LIC Mutual Fund, established on 20 April 1989 by the Life Insurance Corporation of India (LIC). LIC is a insurance firm sponsored by the Government of India.

The LIC MF Infrastructure Fund - Direct Plan - Growth invests in equities and its related securities of firms associated directly or indirectly with the infrastructure sector. The direct plan of the scheme allows investors to invest with the fund house directly while the growth option offers capital appreciation at the end of the scheme period.

Investment Objective

To generate capital growth for the investor over the long term through investments in equities and its related securities of infrastructure firms.

Key Features of the Scheme

The LIC MF Infrastructure Fund is ideal for investors who wish to achieve capital gains over the long term and prefer investing in stocks of infrastructure-related firms. The scheme has the following features:

Type of Fund

An open-ended equity scheme

Plans Available

Regular and Direct

Options Under Each Plan

  • Growth Option
  • Dividend Option

The dividend option offers 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% exit load will be charged if investor exits before 1 year from unit allotment date. No exit load for exit after 1 year

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

The NAV (Net Asset Value) of the LIC MF Infrastructure Fund is derived by dividing the scheme’s net assets by the number of outstanding units on the day of valuation. The NAV per unit will be calculated up to 4 decimal places and disclosed at the end of each business day. The NAV will be updated on the website of the Association of Mutual Funds in India (www.amfiindia.com) and LIC Mutual Fund (www.licmf.com) before 9:00 p.m. of every business day.

The NAV will also be sent to at least 2 newspapers with nationwide circulation for publication by the fund house on every business day.

Benchmark: Nifty Infrastructure

Fund Manager - Mr. Sachin Relekar

The LIC MF Infrastructure Fund has been managed by Mr. Sachin Relekar since 5 March 2018. Before joining LIC Mutual Fund, Mr. Relekar had worked with Tech Pacific India Pvt. Limited, Innovision Consulting, and CD Equity Research Pvt. Ltd. The other schemes managed by him include LIC MF Tax Plan, LIC MF Midcap Fund, MIC MF Large Cap Fund, etc.

Why you should invest in the LIC MF Infrastructure Fund

  • Attractive returns - Since the LIC MF Infrastructure Fund invests in stocks of firms engaged in the infrastructure sector, it has a high potential of yielding attractive returns for the investor.
  • Low investment - Investors can subscribe to the units of the LIC MF Infrastructure Fund for as low as Rs.1,000 per month through an SIP and take the opportunity to grow their wealth over a long term.

Multiple investment options - For investors who wish to pay a low expense ratio, the scheme offers a direct plan while the regular plan will have a higher expense ratio. Similarly, investors have an option to choose between the growth and dividend options where the former will offer capital appreciation while the latter will offer regular income.

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