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

Formerly LIC MF Savings Plus Gr

LIC Mutual Fund

LIC MF Savings Fund (Growth)

DebtLow Duration

33.2568

NAV (Dec 06)

4.8%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in low duration mutual funds.

Low duration funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

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

Rolling Returns

Neutral

The performance of the fund on a Rolling Returns metric has been Neutral

Scripbox Recommended Debt Funds

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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

33.2568

NAV (Dec 6)

Fund Returns

Last 1Y

3.7%

Last 3Y

4.8%

Last 5Y

5%

Last 10Y

6.5%

Since Inception

6.3%

6 Month CAGR

2.4%

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

790.587

ISIN

INF767K01AO5

Lock-in

No Lock-in

Benchmark

CRISIL Low Duration Fund TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

1

Standard Deviation (5yr)

1.8

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0.513

Sharpe Ratio (5yr)

-0.031

YTM

7.19

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 2022-12-06

Top Debt Holdings

treps

8.4%
8.4%

182 Days Treasury Bill 05-01-2023

6.3%
6.3%

redington limited

6.3%
6.3%

small industries development bank of india

6.2%
6.2%

oil and natural gas corporation limited

6.2%
6.2%
See all holdings

Compare LIC MF Savings Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 46,469 cr

₹ 14,221 cr

₹ 18,664 cr

₹ 13,008 cr

₹ 46,469 cr

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 14,891 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 35 hybrid funds.

amc-img

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

    4%

    6.9%

    3.8%

    5.4%

    3.8%

    5.4%

    16.3%

    12.5%

    6.6%

    8.1%

    LIC MF Savings Fund (G) Review

    LIC MF Savings Fund (G) is a Low Duration Debt fund and has delivered an annualised return of 6.3% over a period of 19 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 12/6/2022 is ₹33.26 with the total AUM as of 12/7/2022 is ₹790.587. 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 2 fund in Debt and delivered 3.7% 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 Neutral 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.