LIC MF Equity Savings Fund - Direct (G)

You can invest in LIC MF Equity Savings Fund - Direct (G) through a lump sum investment or a monthly SIP. The minimum lump sum investment is ₹5,000 and the minimum SIP amount is ₹100.

The latest NAV of LIC MF Equity Savings Fund - Direct (G) is ₹32.61.

LIC MF Equity Savings Fund - Direct (G) manages assets worth ₹38.78 Cr.

The expense ratio of LIC MF Equity Savings Fund - Direct (G) is 1.93%.

The exit load applicable on LIC MF Equity Savings Fund - Direct (G) is Nil - If units of the Scheme are redeemed or switched out up to 12% of the units within 3 months from the date of allotment. 1.00% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 3 months from the date of allotment. Nil, If units of scheme are redeemed or switched out after 3 months from the date of allotment..

As per the riskometer, LIC MF Equity Savings Fund - Direct (G) carries Moderately High risk.

LIC MF Equity Savings Fund - Direct (G) is managed by LIC Mutual Fund.

LIC MF Equity Savings Fund - Direct (G) belongs to the Equity Savings Fund category.

LIC MF Equity Savings Fund - Direct (G) is benchmarked against the NIFTY Equity Savings Index TRI.

LIC MF Equity Savings Fund - Direct (G) has no lock-in period, so units can be redeemed at any time subject to the applicable exit load.

LIC MF Equity Savings Fund - Direct (G) was launched on 01 Jan 2013.

After the initial investment, you can invest in LIC MF Equity Savings Fund - Direct (G) in further multiples of ₹500.

The investment objective of the Scheme is to generate regular income by investing in Debt and money market instruments and using arbitrage and other derivative strategies. The Scheme also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.