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LIC MF Liquid(D)

LIC MF Liquid(D)
Dividend Yearly
0.20  (As on 24-04-2019)
Category
Debt - Liquid
52-week NAV high
3,165.03  (As on 24-04-2019)
52-week NAV low
2,948.20  (As on 24-04-2018)
Expense
0.25%  (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 0.46 1.27 2.62 5.26 5.04 5.04 5.24 5.50 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
0
Launch Date
Mar 13, 2002
Last Dividend
0.20
Minimum Investment
5000

LIC Mutual Fund Liquid Fund - Dividend Option is well-suited for investors who are looking for regular income for short term through investments in debt and money market instruments that have a maturity period of 91 days only. Featuring a low-risk factor, this scheme offers 2 investment plans - Direct Plan and Regular Plan. Under both the plans, this fund carries 2 investment options - Growth Option and Dividend Option. The Dividend Option can be further sub-categorised into Dividend Payout and Dividend Reinvestment. While this scheme carries SIP and STP facilities on a monthly or quarterly basis, unitholders also have the option to switch to any other scheme or option offered by LIC Mutual Fund

Investment Objective of LIC Mutual Fund Liquid Fund - Dividend Option

The primary investment objective of this mutual fund is to generate reasonable returns with low risk and high liquidity by judiciously investing in quality debt instruments along with money market instruments. It should be noted that the asset management company (AMC) does not provide any assurance that this investment objective will be realised and the scheme will offer guaranteed returns to the investors.

Key Features of LIC Mutual Fund Liquid Fund - Dividend Option

There are a number of features of this scheme that make it one of the best investment options available in the market. Check out some of the significant characteristics of LIC Mutual Fund Liquid Fund - Dividend Option mentioned in the following table:

Type of fund An open-ended liquid scheme
Plans available
  • Regular Plan
  • Direct Plan
Options under each plan
  • Growth Option
  • Dividend Option
    • Dividend Payout
    • Dividend Reinvestment
Risk Low
Systematic Investment Plan Available
Systematic Transfer Plan Available
Systematic Withdrawal Plan Not available

Investment Amount for LIC Mutual Fund Liquid Fund - Dividend Option

Learn about some of the investment amounts that are associated with this scheme by checking out the table mentioned 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)
  • For monthly investments Rs.1,000 subsequently in multiples of Re.1
  • For quarterly investments - Rs.3,000 and in multiples of Re.1 thereafter
Entry Load Not applicable
Exit Load Nil

Asset Allocation for LIC Mutual Fund Liquid Fund - Dividend Option

Instruments Allocations (Percentage of total assets) Risk Profile
Debt and money market securities that have a maturity of up to 91 days 0% to 100% Low

NAV Disclosure and Benchmark for LIC Mutual Fund Liquid Fund - Dividend Option

NAV - The AMC should calculate the Net Asset Value (NAV) of the units of this scheme for each business day and reveal it to the news agencies, press, and the Association of Mutual Funds in India (AMFI) correspondingly. The NAV should be published by the AMC in at least 2 daily newspapers with countrywide circulation for all working days. Furthermore, the AMC shall also display the NAVs on its official website at www.licmf.com as well as on the AMFI website at www.amfiindia.com by 9:00 p.m. on each business day. The AMC shall also disclose the portfolio of the funds within 1 month starting from the end of each half-year. This can be done either through advertisements in an English daily newspaper with circulation across India in addition to a newspaper in the regional language of the area where the head office of the AMC is located, or can be sent to the unitholders in the form of a complete statement. The scheme portfolio should also be updated at the website of the AMC.

Benchmark Index - The benchmark followed by LIC Mutual Fund Liquid Fund - Dividend Option is CRISIL Liquid Fund Index.

LIC Mutual Fund Liquid Fund - Dividend Option Fund Manager

The fund manager of LIC Mutual Fund Liquid Fund - Dividend Option is Mr. Rahul Singh who has been handling this scheme since 5 October 2015. Mr. Singh uses his expert knowledge and market insights to help investors opt for the right investment strategies in order to achieve their specific investment goals while staying in line with their unique risk-taking capacities.

Why You Should Invest in LIC Mutual Fund Liquid Fund - Dividend Option

  • This scheme carries a low-risk factor.
  • This investment plan generates high returns while offering high liquidity through investments in money market and debt instruments.
  • This mutual fund provides tax benefits to unitholders under Section 10 (33) of the Income Tax Act, 1961. Furthermore, tax benefits for capital gains under Sections 48 and 112 of Income Tax Act, 1961 is also available under this scheme.
  • The unitholders of this plan will be able to benefit from the flexibility to switch among the various schemes and options that is offered by the LIC Mutual Fund.

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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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