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  • LIC MF Savings Fund (Growth)

Formerly LIC MF Savings Plus Gr

LIC Mutual Fund

LIC MF Savings Fund (Growth)

DebtLow Duration

Top Ranked

31.9627

NAV (Oct 21)

5.2%
3 Year CAGR
Scripbox Opinion

Top Ranked

These are the top-ranked funds within 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

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

Relative Size

1,527 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

Low Credit Risk. The fund has a high credit quality compared to other debt funds

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

31.9627

NAV (Oct 21)

Fund Returns

Last 1Y
3.9%
Last 3Y
5.2%
Last 5Y
5.7%
Last 10Y
7%
Since Inception
6.5%
6 Month CAGR
1.7%
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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

risk-indicator-arrow.svg

Low to Moderate Risk

Expense Ratio
0.83
Launched (18y ago)
May 29, 2003
AUM in Crores
1526.865
ISIN
INF767K01AO5
Lock-in
No Lock-in
Benchmark
Crisil Low Duration Debt Index TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Fund Managers
user-avatar

Rahul Singh

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 13,509 cr

5

recommended-badge

₹ 33,192 cr

5

recommended-badge

₹ 11,590 cr

5

recommended-badge

₹ 33,722 cr

5

recommended-badge

₹ 22,849 cr

5

amc-icon

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 18,625 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.

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  • tel-amc-about
    022-66016000
  • mail-amc-about
    cs.co@licmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    top-ranked-badge

    22.2%

    11.2%

    top-ranked-badge

    5.2%

    6.5%

    top-ranked-badge

    7.7%

    7.4%

    top-ranked-badge

    4.9%

    7%

    top-ranked-badge

    20.8%

    8.1%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About LIC MF Savings Fund (G)

    About LIC MF Savings Fund (G)

    LIC MF Savings Fund (G) is a Low Duration Debt fund and has delivered an annualised return of 6.5% 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

    LIC MF Savings Fund (G) 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. . However, there is no assurance that the objective of the scheme will be realized.

    LIC MF Savings Fund (G) NAV,AUM,Risk

    The LIC MF Savings Fund (G) fund was launched on May 29, 2003. The NAV (Net Asset Value) of this Low Duration Debt fund as of 2021-10-21 is ₹31.96. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹1526.865. The category risk of the LIC MF Savings Fund (G) fund is Low to Moderate Risk. The fund charges 0.83 % as expense ratio.

    LIC MF Savings Fund (G) Holdings

    The fund’s highest allocation is towards Others and has invested 69.9% in this asset class. The top three holdings of the fund are , 182 dtb 12112021 , power finance corporation limited , export-import bank of india , housing development finance corporation limited , reliance industries limited , indian oil corporation limited , housing development finance corporation limited , 182 dtb 07102021 , muthoot finance limited , chennai petroleum corporation ltd , reliance industries limited , axis bank limited , tv18 broadcast limited , kotak mahindra bank limited , export-import bank of india , kotak mahindra investments limited , axis bank limited , l&t finance limited , birla group holdings private limited , rec limited , national housing bank , national bank for agriculture and rural development , housing development finance corporation limited , rural electrification corporation limited , bajaj finance limited , rural electrification corporation limited , bajaj housing finance limited , bajaj housing finance limited , 364 dtb 30032022 , idfc first bank limited , idfc first bank limited , national bank for agriculture and rural development , tata motors finance limited , axis bank limited , tata motors finance limited , national highways authority of india , rural electrification corporation limited , treps , hdb financial services limited , mahindra & mahindra financial services limited , net receivables / (payables) , rural electrification corporation limited , power finance corporation limited

    LIC MF Savings Fund (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    LIC MF Savings Fund (G) Investment volatility and Horizon

    This fund 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 Debt Index TR INR.

    LIC MF Savings Fund (G) Review

    LIC MF Savings Fund (G) has a score of 4 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, LIC MF Savings Fund (G) has a score of 3out of 5 The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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