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Fincash » Mutual Funds » LIC MF Savings Fund

LIC MF Savings Fund - G

NAV  ₹29.0872 ↓ 0.01   (0.02 %) as on 24 Jan 20

(Erstwhile LIC MF Savings Plus Fund)

Scheme Objective

The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. There can be no assurance that the investment objective of the scheme will be realized.

LIC MF Savings Fund is a Debt - Low Duration fund launched on 29 May 03. It is a fund with Moderately Low risk and has given a CAGR return of 6.6% since its launch.  Ranked 65 in Low Duration category.  Return for 2019 was 3.5% , 2018 was 7.2% and 2017 was 6.5% .

Below is the key information for LIC MF Savings Fund

NAV as on 24 Jan 20₹29.0872 ↓ 0.01   (0.02 %)
Net Assets (AUM) as on 31 Dec 2019 ₹915 Cr.
Launch Date29 May 2003
CategoryDebt - Low Duration
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity6.07%
Effective Maturity8 Months 11 Days
Modified Duration
Alpha Ratio0.0
Expense Ratio0.83 %
Sharpe Ratio0.058
Information Ratio0.0
BenchmarkNot Available
ISININF767K01AO5
AMCLIC Mutual Fund Asset Mgmt Co Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 3.6%
1 Year 3.4%
3 Year 5.7%
5 Year 6.6%
10 Year
15 Year
Since launch 6.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 3.5%
2017 7.2%
2016 6.5%
2015 8.3%
2014 7.7%
2013 8.5%
2012 8.3%
2011 8.7%
2010 7.8%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,774
31 Dec 16₹11,668
31 Dec 17₹12,425
31 Dec 18₹13,320
31 Dec 19₹13,786
LIC MF Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash59.44%
Debt40.56%
LIC MF Savings Fund Asset Allocation

Sector Allocation

SectorValue
Corporate70.04%
Cash Equivalent26.72%
Government3.24%
LIC MF Savings Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
BANK OF BARODA
Certificate of Deposit | -
7%₹73 Cr7,500
↑ 2,500
Reliance Industries Limited
Debentures | -
5%₹52 Cr500
Power Finance Corporation Ltd.
Debentures | -
5%₹51 Cr500
L & T Infrastructure Finance Company Limited
Debentures | -
5%₹50 Cr200
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
5%₹50 Cr5,000
HDFC Bank Limited
Certificate of Deposit | -
5%₹49 Cr5,000
AXIS BANK LIMITED
Certificate of Deposit | -
5%₹49 Cr5,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
5%₹49 Cr5,000
BAJAJ HOUSING FINANCE LIMITED
Commercial Paper | -
5%₹48 Cr1,000
Reliance Industries Limited
Debentures | -
4%₹45 Cr450
1 - 10 of 31
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Fund Managers

NameSinceTenure
Rahul Singh7 Sep 154.23 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
LIC Mutual Fund4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
LIC MF Savings Fund
Growth
₹29.0872
↑ 0.01
3.61 %3.36 %5.68 %6.57 %
LIC MF Savings Fund
Weekly Dividend, Payout
₹10.4078
↑ 0.00
3.5 %2.73 %4.3 %4.82 %
LIC MF Savings Fund
Weekly Dividend, Reinvestment
₹10.4078
↑ 0.00
3.5 %2.73 %4.3 %4.82 %
LIC MF Savings Fund
Monthly Dividend, Payout
₹10.3728
↑ 0.00
3.61 %2.28 %4.02 %4.66 %
LIC MF Savings Fund
Monthly Dividend, Reinvestment
₹10.3728
↑ 0.00
3.61 %2.28 %4.02 %4.66 %
LIC MF Savings Fund
Daily Dividend, Payout
₹10.257
3.49 %2.64 %4.13 %3.9 %
LIC MF Savings Fund
Daily Dividend, Reinvestment
₹10.257
3.49 %2.64 %4.13 %3.9 %
Data as on 24 Jan 20

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.