• Mutual Funds
  • LIC Mutual Fund
  • LIC MF Savings Fund (Growth)

Formerly LIC MF Savings Plus Gr

LIC Mutual Fund

LIC MF Savings Fund (Growth)

DebtLow Duration

32.4223

NAV (May 20)

4.3%
3 Year CAGR
Scripbox Opinion

Not Recommended

Click here for top ranked funds in low duration mutual funds.

However, Scripbox does not recommend investing in low duration mutual funds.

Our analysis of this fundLearn how we rate funds ->

Track Record

19 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

1,269 Cr. Medium within the category

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

Credit Quality Of Fund's Portfolio

Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds

Scripbox Recommended Debt Funds

Want the ultra short term debt funds that are right for your short term investment needs?

Learn more

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

32.4223

NAV (May 20)

Fund Returns

Last 1Y

2.8%

Last 3Y

4.3%

Last 5Y

5.2%

Last 10Y

6.7%

Since Inception

6.4%

6 Month CAGR

1.2%

Scheme Information

Investment 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.

Expense Ratio

0.83

Launched (19y ago)

May 29, 2003

AUM in Crores

1268.651

ISIN

INF767K01AO5

Lock-in

No Lock-in

Benchmark

CRISIL Low Duration Fund TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Rahul Singh

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2022-05-20

Top Debt Holdings

8.15% govt stock 2022

6.1%
6.1%

birla group holdings private limited

5.8%
5.8%

treps

5%
5%

indian oil corporation limited

4.1%
4.1%

tv18 broadcast limited

3.9%
3.9%
See all holdings
allocation by market cap

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 40,402 cr

5

₹ 16,108 cr

5

₹ 18,675 cr

5

₹ 15,495 cr

5

₹ 40,402 cr

5

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 14,997 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 32 hybrid funds.

amc-img

  • 022-66016000
  • cs.co@licmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    7.6%

    7.9%

    5.1%

    5.5%

    4.2%

    6.9%

    3.6%

    5.4%

    3.6%

    5.4%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    LIC MF Savings Fund (G) Review

    LIC MF Savings Fund (G) is a Low Duration Debt fund and has delivered an annualised return of 6.4% over a period of 18 years. The fund was previously known as LIC MF Savings Plus Gr. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund manager’s name is Rahul Singh.

    Nav of LIC MF Savings Fund (G) as of 5/20/2022 is ₹32.42 with the total AUM as of 5/23/2022 is ₹1268.651. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Savings Fund (G) was launched on May 29, 2003. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for LIC MF Savings Fund (G) 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.

    LIC MF Savings Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Low Duration Fund TR INR.

    LIC MF Savings Fund (G) is rated as a 1 fund in Debt and delivered 2.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Savings Fund (G).

    Frequently Asked Questions

    What is LIC MF Savings Fund (G)?

    LIC MF Savings Fund (G) is a Low Duration Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in LIC MF Savings Fund (G)?

    You can invest in LIC MF Savings Fund (G) 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 Savings Fund (G)?

    The minimum sip amount for LIC MF Savings Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is LIC MF Savings Fund (G) good to invest in?

    As per Scripbox experts, LIC MF Savings Fund (G) is a Not Recommended fund. You can investLIC MF Savings Fund (G) 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 Savings Fund (G)?

    The expense ratio of the LIC MF Savings Fund (G) is 0.83% for regular plan.