LIC MF Equity Savings Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.69
• Std Deviation 6.30%
• Tracking Error 0.00%

The investment objective of the Scheme is to generate regular income by investing in Debt and money market instruments and using arbitrage and other derivative strategies. The Scheme also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

The LIC MF Equity Savings Growth has an AUM of 10.03 crores & has delivered CAGR of 7.28% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.04%. The minimum investment in LIC MF Equity Savings Growth is Rs 5000 and the minimum SIP is Rs 1000.

As per morningstar the risk & return rating of the fund are Low & Moderate respectively.

The top holdings of the fund include Treps, 7.06% Govt Stock 2028, LIC MF Liquid Dir Gr & ICICI Bank.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Iron & Steel & Electronic Instr. & Controls.

Some of the similar funds are Tata Equity Savings Regular Growth, PGIM India Equity Savings Fund Growth Option, LIC MF Equity Savings Growth, Union Equity Savings Fund Regular Growth, Bandhan Equity Savings Fund Regular Plan Growth. LIC MF Equity Savings Growth has a sharpe ratio of 0.69 & a standard deviation of 6.30%.