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  • LIC MF Equity Savings fund (PIDCW-M)

Formerly IDBI Eq Savings Mn IDCW-P

LIC Mutual Fund

LIC MF Equity Savings fund (PIDCW-M)

HybridEquity Savings

20.0952

NAV (Jun 21)

9%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in equity savings mutual funds.

Equity savings funds provides varying combinations of equity & debt and is suitable for investment objectives with duration specific to the fund category.

Equity Savings funds are primarily equity funds with a small exposure of minimum 10% to debt instruments.

These funds are close to equity funds in terms of market linked fluctuations.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Outperformance Consistency

Neutral

The performance of the fund on a Outperformance Consistency metric has been Neutral

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

20.0952

NAV (Jun 21)

Fund Returns

Last 1Y
16.5%
Last 3Y
8.6%
Last 5Y
9.1%
Last 10Y
7.3%
Since Inception
7.3%
6 Month CAGR
7.1%

Scheme Information

Investment Objective

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.

Expense Ratio
2
Launched (13y ago)
Mar 07, 2011
AUM in Crores
16.242
ISIN
INF397L01257
Lock-in
No Lock-in
Benchmark
NIFTY Equity Savings TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
5.3
Standard Deviation (5yr)
8.2
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.394
Sharpe Ratio (5yr)
0.413
YTM
0
Fund Managers

Sumit Bhatnagar

Fund Manager

Pratik Shroff

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
LIC MF Equity Savings fund (PIDCW-M)70%9,12,156 1,79,5449%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-21

Top Stock Holdings

cash offset for derivatives

34.4%
34.4%

treps

20.5%
20.5%

lic mf liquid dir gr

10%
10%

future on tata steel ltd.

5.1%
5.1%

tata steel ltd

5.1%
5.1%
See all holdings

Allocation by Sector

financial services

16.3%
16.3%

basic materials

15.4%
15.4%

industrials

12.7%
12.7%

technology

10.6%
10.6%

consumer defensive

7.6%
7.6%
See all sectors

Comparison with Hybrid Funds

Fund NameFund SizeRolling Returns
Edelweiss Balanced Advantage Fund (G)
Edelweiss Balanced Advantage Fund (G)

₹ 11,281 cr

₹ 35,122 cr

₹ 9,275 cr

₹ 2,114 cr

₹ 2,400 cr

amc-img

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 28,347 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 48 equity,45 debt and 36 hybrid funds.amc-img
phone-img022-66016000
Fund NameScripbox Opinion
Till Date CAGR

4.9%

7.7%

4.9%

6.6%

4.9%

6.6%

14.5%

5.7%

37.6%

10.2%

LIC MF Equity Savings fund (PIDCW-M) Review

LIC MF Equity Savings fund (PIDCW-M) is a Equity Savings Hybrid fund and has delivered an annualised return of 7.1% over a period of 13 years. The fund was previously known as IDBI Eq Savings Mn IDCW-P. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund managers are Pratik Shroff, Sumit Bhatnagar.

Nav of LIC MF Equity Savings fund (PIDCW-M) as of 6/21/2024 is ₹20.10 with the total AUM as of 6/24/2024 is ₹16.242. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Equity Savings fund (PIDCW-M) was launched on Mar 07, 2011. The category risk of the fund is Moderate Risk.

The minimum SIP amount for LIC MF Equity Savings fund (PIDCW-M) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Frequently Asked Questions

What is LIC MF Equity Savings fund (PIDCW-M)?

LIC MF Equity Savings fund (PIDCW-M) is a Equity Savings Hybrid scheme predominantly investing across Hybrid instruments with an investment objective to generate wealth over the long term.

How to invest in LIC MF Equity Savings fund (PIDCW-M)?

You can invest in LIC MF Equity Savings fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of LIC MF Equity Savings fund (PIDCW-M)?

The minimum sip amount for LIC MF Equity Savings fund (PIDCW-M) is ₹0. You can invest in multiples of ₹5000.

Is LIC MF Equity Savings fund (PIDCW-M) good to invest in?

As per Scripbox experts, LIC MF Equity Savings fund (PIDCW-M) is a Not Recommended fund. You can investLIC MF Equity Savings fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the LIC MF Equity Savings fund (PIDCW-M)?

The expense ratio of the LIC MF Equity Savings fund (PIDCW-M) is 2% for regular plan.