LIC MF Large & Mid Cap Regular Growth
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|Risk||Very High Risk|
|Fund Type||Large & Mid-Cap|
|Exit Load||1% for 365 Days|
More about this fund
|ICICI Bank Ltd||6.73%|
|HDFC Bank Ltd||6.15%|
|Tata Chemicals Ltd Shs Dematerialised||4.62%|
|Tata Consultancy Services Ltd||3.41%|
|Voltas Ltd Shs Dematerialised||2.94%|
|Bajaj Finance Ltd||2.73%|
|Avenue Supermarts Ltd||2.68%|
|Tata Consumer Products Ltd||2.57%|
|Reliance Industries Ltd Shs Dematerialised||2.42%|
##About LIC MF Large and Midcap Fund Being an open-ended equity fund, the scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity linked instruments and equity of large cap and mid cap companies.
##Pros and Cons of LIC MF Large and Midcap Fund This scheme is suitable for those who are seeking:
- Long term capital appreciation.
- The fund is invested in Large and Mid- Cap stocks.
##Fund Information and Statistics of LIC MF Large and Midcap Fund
Inception/ Launch date
The LIC MF Large and Midcap Fund was launched on 25 February 2015, by LIC Mutual Fund.
The scheme invests in equity and equity related securities which have a probability of involvement of moderately high degree of risk of losing the investment. The value of the scheme may go up and down due to various factors affecting the capital market. This scheme is not an assured return scheme.
Not later than 5 business days from the date of allotment, the scheme offers units for redemption at NAV based prices on all business days. The dispatch of the redemption proceeds within 10 business days from the date of the receipt of the redemption request of the unit holder.
Mr.Sachin Relekar is the fund manager of LIC MF Large and Midcap Fund since 2015.
Entry/ Exit Load
The entry load for investing in this scheme is NIL. The exit load of 1% is applicable if redeemed on or before 1 year from the date of allotment of units. If redeemed after 12 months or 1 year, no exit load is payable for redemption.
Tax benefits of investing in LIC MF Large and Midcap Fund
The Short-term capital gain tax of 15% is levied if sold before one year from the date of allotment. Long-term capital gain, in excess of Rs 1 lakh, are taxed at 10% if sold after one year. Dividend distribution tax is applicable. 10% tax will be deducted at source for dividends.
About LIC Mutual Fund
Being India's one of the most trusted brand LIC mutual Fund ,in the sphere of asset management is one of the well known player. This fund house has emerged as an investment manager amongst investment fraternity with its systematic discipline coupled with high standard of principal ethics.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns