- Mutual Funds
- LIC Mutual Fund
- LIC MF Savings Fund (Growth)
Formerly LIC MF Savings Plus Gr
LIC MF Savings Fund (Growth)
₹ 33.9328
NAV (Mar 31)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 33.9328
NAV (Mar 31)
Fund Returns
Last 1Y | 4.6% |
Last 3Y | 5% |
Last 5Y | 5% |
Last 10Y | 6.4% |
Since Inception | 6.3% |
6 Month CAGR | 3% |
Scheme Information
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 (20y ago) | May 29, 2003 |
AUM in Crores | 672.334 |
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) | 0.402 |
Sharpe Ratio (5yr) | -0.028 |
YTM | 7.62 |
Fund Managers
Returns Calculator Comparison
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with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| LIC MF Savings Fund (Growth) | 8,25,950 | 93,338 | 5% | |
| 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 Debt Holdings
Compare LIC MF Savings Fund (Growth)
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 49,144 cr | ||
₹ 13,831 cr | ||
₹ 18,485 cr | ||
₹ 12,884 cr | ||
₹ 49,144 cr |
About the AMC
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited manages assets worth 15,552 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,44 debt and 31 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6.8% | 7.9% | ||
4.7% | 5.6% | ||
6.3% | 4.9% | ||
4.7% | 5.6% | ||
0.7% | 4.6% |
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 null.
Nav of LIC MF Savings Fund (G) as of 3/31/2023 is ₹33.93 with the total AUM as of 4/1/2023 is ₹672.334. 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 4.6% 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)?
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.