3 Year return

5.53%
Launched on January 2013 (11 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹171.44 Cr.

Expense Ratio

0.21% (inclusive of GST)

Exit Load

0.25% - If redeemed/switched out before 15 days from the date of allotment. Nil - If redeemed/switched out after 15 days from the date of allotment.

Ratings

ARQ Rating
2.5

Ratings by other agencies

2
2
3

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

LIC Mutual Fund Managers

MI

Marzban Irani

Fund Manager since Aug 2016

View Details

Fund House Details

LIC Mutual Fund

LIC Mutual Fund Asset management company

AUM ₹30,217.48 Cr.
No. of Schemes 117
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by LIC Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About LIC MF Bond Fund Direct Plan Growth

LIC MF Bond Fund Direct Plan Growth is a mutual fund offered by LIC Mutual Fund. It falls under the debt category and aims to provide investors with a platform to invest in a diversified portfolio of fixed-income securities. The fund primarily invests in various debt instruments such as government securities and money market instruments. The fund has an expense ratio that is lower than the category average.

Investment Objective of the Scheme

The main objective of LIC MF Bond Fund Direct Plan Growth is to generate optimal returns over the medium to long term by investing in a range of debt securities. The fund's portfolio is actively managed by experienced professionals who analyze market conditions, interest rate trends, and credit quality to make informed investment decisions. The aim is to offer investors a combination of income and capital appreciation while maintaining a certain level of liquidity.

Key Features of The Fund

5-year return 6.25%
Expense Ratio 0.21%
Fund Manager Marzban Irani
Fund Size ₹171.44 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

LIC MF Bond Fund Direct Plan Growth can be a suitable investment option for individuals who are seeking stable returns from the debt market while minimizing exposure to market volatility. If you are looking for a relatively lower-risk investment avenue and are comfortable with moderate returns compared to equity investments, this scheme might align with your investment objectives. It's important to note that debt funds are influenced by interest rate movements and credit risk, which can impact returns. Therefore, investors with a lower risk tolerance and those who require regular income may find this scheme appealing. However, as with any investment decision, it's advisable to assess your financial goals, risk tolerance, and consult a financial advisor to determine if LIC MF Bond Fund Direct Plan Growth is appropriate for your portfolio.

AMC Contact Details

Name LIC Mutual Fund
Launch Date April 1989
Addresss Industrial Assurance Bldg., 4th Floor, Opp. Churchgate Station, Mumbai - 400 020.
Contact 1800 258 5678
Email service_licmf@kfintech.com
Website https://www.licmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Build Investment Discipline with SIPs

SIPs instill a habit of disciplined saving. By automating your investments, you ensure consistent contributions towards your financial goals. Plan your SIP investment strategy the SIP investment calculator. This tool helps you estimate returns and stay on track with your long-term investment plan.

FAQs

What is today's NAV of LIC MF Medium To Long Duration Bond Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of LIC MF Medium To Long Duration Bond Fund Jun 21 2024 is 70.6151

What is the AUM of LIC MF Medium To Long Duration Bond Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of LIC MF Medium To Long Duration Bond Fund is 171.44 crore.

What is the expense ratio of LIC MF Medium To Long Duration Bond Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of LIC MF Medium To Long Duration Bond Fund is 0.21%

What are the returns of LIC MF Medium To Long Duration Bond Fund since inception?

The LIC MF Medium To Long Duration Bond Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 7.07 since inception.

What is the minimum SIP amount to invest in LIC MF Medium To Long Duration Bond Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for LIC MF Medium To Long Duration Bond Fund is 1000.

How do I invest in LIC MF Medium To Long Duration Bond Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in LIC MF Medium To Long Duration Bond Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in LIC MF Medium To Long Duration Bond Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in LIC MF Medium To Long Duration Bond Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.