LIC NOMURA Floater MIP - Plan A (QD)
Fund Family LIC NOMURA Mutual Fund
Fund Class MIP Aggressive
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Performance
Investment Info
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Portfolio
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Below average performance in the category
The scheme is ranked 4 in MIP Aggressive category by Crisil. If you are already invested in this scheme, you may consider switching to a better performing scheme.
View Top ranked funds in this category
Returns (NAV as on May-25-2012)
| Period | Returns (%) | Rank # |
|---|---|---|
| 1 mth | -0.7 | 22 |
| 3 mth | -0.6 | 41 |
| 6 mth | 1.7 | 39 |
| 1 year | 3.0 | 33 |
| 2 year | 4.4 | 24 |
| 3 year | 6.2 | 17 |
| 5 year | 7.4 | 11 |
# Moneycontrol Rank within 48 MIP Aggressive Schemes.
Absolute Returns (in %)
| Year | Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | Annual |
|---|---|---|---|---|---|
| 2012 | 1.8 | - | - | - | - |
| 2011 | 0.2 | -1.5 | -0.7 | -1.9 | -3.0 |
| 2010 | - | -0.2 | 0.6 | 0.8 | 1.5 |
| 2009 | - | 5.8 | 3.6 | -4.8 | 2.7 |
| 2008 | -7.4 | -2.0 | 0.1 | -0.2 | -9.0 |
| 2007 | -0.5 | 1.5 | 3.0 | 2.2 | 6.0 |
* Returns over 1 year are Annualised
Performance
Fund returns v/s Category average (MIP Aggressive)
| 1 mth (%) | 3 mth (%) | 6 mth (%) | 1 yr (%) | 2 yr (%) | 3 yr (%) | 5yr (%) | |
| Fund Returns | -0.7 | -0.6 | 1.7 | 3.0 | 4.4 | 6.2 | 7.4 |
| Category avg | -0.7 | 0.6 | 3.7 | 4.5 | 3.5 | 3.8 | 3.5 |
| Difference of Fund returns and Category returns | 0.0 | -1.2 | -2.0 | -1.5 | 0.9 | 2.4 | 3.9 |
| Best of category | 0.7 | 2.5 | 7.7 | 10.8 | 8.5 | 11.3 | 11.3 |
| Worst of category | -1.6 | -1.0 | 0.8 | 1.0 | 1.5 | 3.1 | 2.8 |
Investment Info
Investment Objective
The investment objective of the scheme is to generate regular income by investing mainly in floating rate instruments / fixed rate instruments swapped for floating rate return so as to minimize the interest rate risk and at the same time aiming at generating capital appreciation in a long term investing in equity/equity related instruments.
Scheme details
| Fund Type | Open-Ended |
|---|---|
| Investment Plan | Dividend |
| Launch date | Oct 08, 2004 |
| Benchmark | CRISIL MIP Blended Fund |
| Asset Size (Rs cr) | 97.76 (Mar-31-2012) |
| Minimum Investment | Rs.15000 |
| Last Dividend | Rs.0.22 (Mar-28-2012) |
| Bonus | N.A. |
| Fund Manager | Bichitra Mahapatra View performance of schemes managed by the Fund Manager |
| Notes | N.A |
Load Details
| Entry Load | N.A |
|---|---|
| Exit Load | 1.00% |
| Load Comments | Exit Load 1% if units are redeemed on or before the expiry of 1 year from the date of allotment. |
Contact Details
| Regd. Office | 4th Floor, Industrial Assurance Bldg, Opp Churchgate Station, Mumbai , 400020 |
|---|---|
| Tel. No. | 022 22812038 / 22851661/ 22851 |
| Fax No. | 022 22880633 |
| corp.office@licnomuramf.com | |
| Website | http://www.licnomuramf.com |
Peer Comparison
| MIP Aggressive | Crisil Rank | Assets (Rs.cr) |
|||||
| 3mth (%) | 6mth (%) | 1yr (%) | 3yr (%) | 5yr (%) | |||
| FT India MIP (G) | Rank 4 |
321.52 | 0.4 | 3.8 | 5.9 | 6.8 | 6.9 |
| HSBC MIP - Savings Plan (G) | Rank 3 |
282.85 | 0.0 | 4.8 | 5.1 | 7.5 | 7.9 |
| DSP BlackRock MIP Fund (G) | Rank 2 |
192.86 | 1.2 | 7.7 | 10.8 | 8.6 | 8.0 |
| LIC NOMURA Floater MIP-Plan A (G) | Rank 4 |
97.76 | -0.6 | 1.7 | 3.0 | 6.2 | 7.4 |
| Tata MIP Plus Fund (G) | Rank 3 |
82.65 | 0.4 | 5.4 | 6.8 | 6.8 | 6.7 |
| * Returns over 1 year are Annualised | More » | ||||||
Portfolio
Top Holdings (Apr 30, 12)
| Money Market | Rating | Value (Rs cr) |
Asset % |
|---|---|---|---|
| Money market & Net Receivables/Payables-CPs | 29.85 | 34.68 | |
| ADITYA BIRLA FINANCE | A1+ | 14.94 | 17.37 |
| APOLLO TYRES | A1+ | 14.90 | 17.32 |
Sector Allocation (Apr 30, 12)
| Sector | % | 1-Year HighLow |
|
|---|---|---|---|
| Banking/Finance | 5.21 | 5.21 | 3.43 |
| Engineering | 3.76 | 4.33 | 3.08 |
| Oil & Gas | 3.13 | 3.13 | 2.33 |
| Metals & Mining | 2.80 | 2.80 | 1.89 |
| Technology | 1.91 | 1.91 | 1.32 |
| Automotive | 1.65 | 1.65 | 1.33 |
Asset Allocation (%)(Apr 30, 12)
| Equity | 20.74 |
| Others | 0.00 |
| Debt | 18.23 |
| Mutual Funds | N.A |
| Money Market | 34.69 |
| Cash / Call | 26.36 |
Concentration
| Holdings | (%) |
|---|---|
| Top 5 | 69.37 |
| Top 10 | 69.37 |
| Sector | (%) |
|---|---|
| Top 3 | 12.10 |
News & Videos
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