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Scheme Information
Investment Objective
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.
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.
LIC Mutual Fund Asset Management Limited manages assets worth 15,870 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.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
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?
Recommended
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.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative 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
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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Invest via netbanking, UPI or through an SIP (eNACH mandate).
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The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 9 years
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
Continuous monitoring & alerts
We will track our recommendations and suggest changes & fund exists whenever required.
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Annual reviews & rebalances
We review your investments and make course corrections every year to make the best out of your investments
About LIC MF Unit Linked Insurance 15 Yrs Premium Uniform Cover fund (RIDCW-Q)
About LIC MF Unit Linked Insurance 15 Yrs Premium Uniform Cover fund (RIDCW-Q)
LIC MF Unit Linked Insurance 15 Yrs Premium Uniform Cover fund (RIDCW-Q) is a aggressive hybrid hybrid fund and has delivered an annualised return of 10.3% over a period of 6 years .The fund was previously known as LIC MF ULIS 15Y RP UC Reg Qt DR.The fund is managed by LIC Mutual Fund Asset Management Limited.The fund managers are Marzban Irani, Ritu Modi, Yogesh Patil
LIC MF Unit Linked Insurance 15 Yrs Premium Uniform Cover fund (RIDCW-Q) Investment Objective
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.
LIC MF Unit Linked Insurance 15 Yrs Premium Uniform Cover fund (RIDCW-Q) NAV,AUM,Risk
The LIC MF Unit Linked Insurance 15 Yrs Premium Uniform Cover fund (RIDCW-Q) fund was launched on Dec 29, 2015. The NAV (Net Asset Value) of this aggressive hybrid hybrid as of 2021-06-11 is ₹ 23.9274. The total AUM (Asset Under Management) of the fund as of 2021-06-14 is ₹ 366.188. The category risk of the LIC MF Unit Linked Insurance 15 Yrs Premium Uniform Cover fund (RIDCW-Q) fund is Very High Risk.
The fund charges 2.37 % as expense ratio.
LIC MF Unit Linked Insurance 15 Yrs Premium Uniform Cover fund (RIDCW-Q) Holdings
The fund’s highest allocation is towards equity and has invested 78.7% in this asset class. The top three holdings of the fund are 91 dtb 03062021,364 dtb 03062021 and icici bank ltd
LIC MF Unit Linked Insurance 15 Yrs Premium Uniform Cover fund (RIDCW-Q) SIP
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.
LIC MF Unit Linked Insurance 15 Yrs Premium Uniform Cover fund (RIDCW-Q) Investment volatility and Horizon
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 Uniform Cover fund (RIDCW-Q) Review
LIC MF Unit Linked Insurance 15 Yrs Premium Uniform Cover fund (RIDCW-Q) 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 Uniform Cover fund (RIDCW-Q) 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.
