LIC MF Liquid(D)-Direct Plan

LIC MF Liquid(D)-Direct Plan
Dividend Yearly
0.04  (As on 05-12-2019)
Category
Debt - Liquid
52-week NAV high
1,856.87  (As on 05-12-2019)
52-week NAV low
1,738.57  (As on 05-12-2018)
Expense
0.11%  (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 0.31 1.00 2.17 4.86 5.06 4.98 5.14 5.32 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
0
Launch Date
Dec 31, 2012
Last Dividend
0.04
Minimum Investment
5000

LIC Mutual Fund is one of the oldest mutual funds in India. It was established in 1989 and is one of the fastest growing mutual funds at present. LIC Mutual Fund Asset Management Limited is the asset management company (AMC) responsible for managing the mutual fund. The trustee to the mutual fund is LIC Mutual Fund Trustee Private Limited. It is backed by the Life Insurance Corporation (LIC) of India.

The LIC MF Liquid Fund is an open-ended liquid scheme.

Investment Objectives of the LIC MF Liquid Fund - Direct Plan - Dividend Option

The investment objective of the LIC MF Liquid Fund - Direct Plan - Dividend Option is to generate returns while engaging a low risk and a high level of liquidity through investments made in money market instruments and debt instruments. However, the investment objectives are not assured in terms of realisation.

Key Features of the LIC MF Liquid Fund - Direct Plan - Dividend Option

The main features of the LIC MF Liquid Fund - Direct Plan - Dividend Option are as follows:

Type of fund An open-ended liquid scheme.
Plans available
  • LIC MF Liquid Fund - Regular Plan
  • LIC MF Liquid Fund - Direct Plan
Options under each plan
  • LIC MF Liquid Fund - Regular Plan - Growth Plan
  • LIC MF Liquid Fund - Regular Plan - Dividend Plan
    • Dividend Payout Option
    • Dividend Reinvestment Option
  • LIC MF Liquid Fund - Direct Plan - Growth Plan
  • LIC MF Liquid Fund - Direct Plan - Dividend Plan
    • Dividend Payout Option
    • Dividend Reinvestment Option
Risk Low
Systematic Investment Plan (SIP) Available
Systematic Transfer Plan (STP) Available
Systematic Withdrawal Plan (SWP) Available

Investment Amount for the LIC MF Liquid Fund - Direct Plan - Dividend Option

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 instalment for Systematic Investment Plan (SIP)
  • Monthly basis: Minimum amount: Rs.1,000 per instalment and in multiples of Re.1 thereafter
  • Quarterly basis: Minimum amount: Rs.3,000 per instalment and in multiples of Re.1 thereafter
Minimum instalment for Systematic Withdrawal Plan (SWP)
  • Monthly basis: Minimum amount: Rs.500 and in multiples of Re.1 thereafter
  • Quarterly basis: Minimum amount: Rs.500 and in multiples of Re.1 thereafter
Minimum instalment for Systematic Transfer Plan (STP)
  • Daily basis: Minimum amount: Rs.100 and in multiples of Re.1 thereafter
  • Weekly basis: Minimum amount: Rs.500 and in multiples of Re.1 thereafter
  • Monthly basis: Minimum amount: Rs.500 and in multiples of Re.1 thereafter
  • Quarterly basis: Minimum amount: Rs.500 and in multiples of Re.1 thereafter
Entry Load N/A
Exit Load Nil

Asset Allocation for the LIC MF Liquid Fund - Direct Plan - Dividend Option

Type of security Indicative Allocations (percentage of total assets) Risk Profile
Minimum Maximum High/Medium/Low
Debt and money market instruments with maturity periods of up to 91 days only 0% 100% Low

NAV Disclosure and Benchmark of the LIC MF Liquid Fund - Direct Plan - Dividend Option

The Net Asset Value or NAV of the LIC MF Liquid Fund - Direct Plan - Dividend Option is calculated on the basis of the recommendations of the SEBI (Mutual Fund) Regulations, 1996. This calculation is required to be done and published by the end of every business day. The total value of net assets under the scheme is divided by the total number of units outstanding under the scheme on the date of evaluation. The NAV is computed and rounded off up to 4 decimal places.

The benchmark of the LIC MF Liquid Fund - Direct Plan - Dividend Option is CRISIL Liquid Fund Index.

LIC MF Liquid Fund - Direct Plan - Dividend Option Fund Manager

The LIC MF Liquid Fund - Direct Plan - Dividend Option is managed by Mr. Rahul Singh. He has a Bachelor's degree in Science with Economics Honours along with a PGDM (MBA) degree from IIM Ahmedabad. He has been managing the fund since 5 October 2015.

Why should you invest in LIC MF Liquid Fund - Direct Plan - Dividend Option?

The LIC Mutual Fund is one of the oldest fund houses in India and it has got a huge base of customers across the nation because of its reliability. If the investment objective of the LIC MF Liquid Fund - Direct Plan - Dividend Option matches the investment requirement of an investor, then the LIC MF Liquid Fund - Direct Plan - Dividend scheme is one of the best options to invest in.

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