Formerly LIC MF ULIS 15Y RP RC Reg HY DR
Not Reviewed yet
Consistency Of Performance
An open ended scheme which seeks to generate long term capital appreciation and offer Tax benefits u/s 80C of the Income Tax Act as well as additional benefits of a life cover and free accident insurance cover.
Low to Moderate
Very High Risk
Jun 16, 2015
Launched (6y ago)
AUM in Crores
CRISIL Hybrid 35+65 - Agg TR INR
Returns Calculator Comparison
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 965,796||₹ 233,184||11.25%|
|EPF||₹ 900,761||₹ 168,149||8.50%|
|Property||₹ 867,662||₹ 135,050||7.00%|
|PPF||₹ 869,819||₹ 137,207||7.10%|
|Bank FD||₹ 846,471||₹ 113,859||6.00%|
|Gold||₹ 846,471||₹ 113,859||6.00%|
|Savings Bank||₹ 825,950||₹ 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.
Comparison with Hybrid Funds
About the AMC
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited manages assets worth 13,885 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.
₹ 501 Cr
₹ 33 Cr
₹ 844 Cr
₹ 1,028 Cr
₹ 6,657 Cr
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LIC MF Unit Linked Insurance 15 Yrs Premium Reducing Cover HY Inc Dis cum CapWdrl fund (RIDCW-6M) is a aggressive hybrid hybrid fund and has delivered an annualised return of 8.3% over a period of 6 years .The fund was previously known as LIC MF ULIS 15Y RP RC Reg HY DR.The fund is managed by LIC Mutual Fund Asset Management Limited.The fund managers are Marzban Irani, Ritu Modi, Sachin Relekar, Yogesh Patil
An open ended scheme which seeks to generate long term capital appreciation and offer Tax benefits u/s 80C of the Income Tax Act as well as additional benefits of a life cover and free accident insurance cover. However, there is no assurance that the objective of the scheme will be realized.
The LIC MF Unit Linked Insurance 15 Yrs Premium Reducing Cover HY Inc Dis cum CapWdrl fund (RIDCW-6M) fund was launched on Jun 16, 2015. The NAV (Net Asset Value) of this aggressive hybrid hybrid as of 2021-05-06 is ₹ 22.7211. The total AUM (Asset Under Management) of the fund as of 2021-05-07 is ₹ 346.812. The category risk of the LIC MF Unit Linked Insurance 15 Yrs Premium Reducing Cover HY Inc Dis cum CapWdrl fund (RIDCW-6M) fund is Very High Risk. The fund charges 2.37 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 77.4% in this asset class. The top three holdings of the fund are 91 dtb 03062021,infosys ltd and hdfc bank ltd
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 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.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to CRISIL Hybrid 35+65 - Agg TR INR
LIC MF Unit Linked Insurance 15 Yrs Premium Reducing Cover HY Inc Dis cum CapWdrl fund (RIDCW-6M) has a score of 0 on a scale of 5. The fund scores 0 out of 5 based on historical performance. As compared to the other funds in its category, LIC MF Unit Linked Insurance 15 Yrs Premium Reducing Cover HY Inc Dis cum CapWdrl fund (RIDCW-6M) has a score of 0 out of 5. Scipbox has rated this fund 0 out of 5 based on consistency of performance over various years / tenures.