- Mutual Funds
- LIC Mutual Fund
- LIC MF Equity Savings fund (PIDCW-M)
Formerly IDBI Eq Savings Mn IDCW-P
LIC MF Equity Savings fund (PIDCW-M)
₹ 18.117
NAV (Oct 03)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 18.117
NAV (Oct 3)
Fund Returns
Last 1Y | 10.2% |
Last 3Y | 10% |
Last 5Y | 7.4% |
Last 10Y | 6.9% |
Since Inception | 6.7% |
6 Month CAGR | 9.9% |
Scheme Information
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 | 2.04 |
Launched (12y ago) | Mar 07, 2011 |
AUM in Crores | 10.027 |
ISIN | INF397L01257 |
Lock-in | No Lock-in |
Benchmark | NIFTY 500 TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 6.3 |
Standard Deviation (5yr) | 8.2 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.774 |
Sharpe Ratio (5yr) | 0.297 |
YTM | 0 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| LIC MF Equity Savings fund (PIDCW-M) | 8,76,332 | 1,43,720 | 7.4% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
treps
12.3%7.06% govt stock 2028
10.2%lic mf liquid dir gr
8%icici bank ltd
7.6%tata steel ltd
6.7%Allocation by Sector
financial services
26.3%technology
14.3%basic materials
9.5%industrials
4.3%energy
4.3%Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 25,274 cr | ||
₹ 9,394 cr | ||
₹ 3,302 cr | ||
₹ 1,335 cr | ||
₹ 978 cr |
About the AMC
LIC Mutual Fund Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.6% | 6.9% | ||
4.1% | 5.4% | ||
4.1% | 5.4% | ||
20.2% | 13.3% | ||
4.6% | 6.4% |
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 6.7% over a period of 12 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 Jaiprakash Toshniwal, Marzban Irani.
Nav of LIC MF Equity Savings fund (PIDCW-M) as of 10/3/2023 is ₹18.12 with the total AUM as of 10/4/2023 is ₹10.027. 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 Moderately High risk.
The minimum SIP amount for LIC MF Equity Savings fund (PIDCW-M) is ₹1000 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)?
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 ₹1000. 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 2.04% for regular plan.