LIC MF Monthly Income Plan - Direct Plan (MD)
NAV as on 27 Jul, 2017
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Performance
Investment Info
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Relatively Weak performance in the category
The scheme is ranked 5 in MIP Aggressive category by Crisil (for quarter ended Mar 2017) . If you are invested in this scheme, its time to switch to a better performing scheme.
Returns (NAV as on 27 Jul, 2017)
| Period | Returns (%) | Rank # |
|---|---|---|
| 1 mth | 1.1 | 63 |
| 3 mth | 2.2 | 72 |
| 6 mth | 2.4 | 81 |
| 1 year | 8.1 | 69 |
| 2 year | 8.2 | 69 |
| 3 year | 8.5 | 80 |
| 5 year | - | - |
# Moneycontrol Rank within 103 MIP Aggressive Schemes.
Absolute Returns (in %)
| Year | Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | Annual |
|---|---|---|---|---|---|
| 2017 | -0.4 | 0.1 | - | - | - |
| 2016 | -1.9 | 1.7 | 1.9 | -0.8 | 1.8 |
| 2015 | -1.4 | -1.4 | -1.2 | -1.7 | -5.0 |
| 2014 | 0.7 | 1.4 | 1.7 | 0.9 | 4.9 |
| 2013 | -0.6 | -0.7 | - | 1.4 | 0.4 |
* Returns over 1 year are Annualised
* Calculation Remark - Dividends are reinvested at the rate of return
Performance
Fund returns v/s Category average (MIP Aggressive)
| 1 mth (%) | 3 mth (%) | 6 mth (%) | 1 yr (%) | 2 yr (%) | 3 yr (%) | 5yr (%) | |
| Fund Returns | 1.1 | 2.2 | 2.4 | 8.1 | 8.2 | 8.5 | -- |
| Category avg | 1.2 | 2.3 | 4.5 | 9.9 | 9.7 | 10.1 | 5.9 |
| Difference of Fund returns and Category returns | -0.1 | -0.1 | -2.1 | -1.8 | -1.5 | -1.6 | -- |
| Best of category | 2.9 | 4.9 | 10.4 | 23.4 | 19.4 | 16.3 | 15.2 |
| Worst of category | -0.8 | -3.2 | -6.4 | -5.8 | 5.9 | 5.6 | 6.4 |
Investment Info
Investment Objective
The investment objective of the Scheme is to generate regular income by investing mainly in a portfolio of quality debt securities and money market instruments. It also seeks to generate capital appreciation by investing some percentage in a mix of equity instruments.
Scheme details
| Fund Type | Open-Ended |
|---|---|
| Investment Plan | Dividend |
| Launch date | Jan 01, 2013 |
| Benchmark | CRISIL MIP Blended Fund |
| Asset Size (Rs cr) | 8.02 (Mar-31-2017) |
| Minimum Investment | Rs.5000 |
| Last Dividend | Rs.0.04 (Feb-25-2016) |
| Bonus | N.A. |
| Fund Manager | Marzban Irani / Ramnath Venkateswaran 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. | 22 66016000 |
| Fax No. | 22 22835606 |
| service@licmf.com | |
| Website | http://www.licmf.com |
Peer Comparison
| MIP Aggressive | Crisil Rank | Assets (Rs.cr) |
|||||
| 3mth (%) | 6mth (%) | 1yr (%) | 3yr (%) | 5yr (%) | |||
| HDFC MIP - LTP (G) | Rank 2 |
3,534.34 | 4.3 | 6.3 | 13.6 | 11.3 | 12.2 |
| Reliance MIP (G) | Rank 4 |
2,402.13 | 4.3 | 6.3 | 11.9 | 11.2 | 11.4 |
| Birla SL MIP II-Wealth 25 (G) | Rank 1 |
1,571.67 | 4.9 | 8.8 | 15.8 | 15.2 | 15.2 |
| ICICI Prudential MIP 25 (G) | Rank 1 |
1,217.91 | 4.2 | 7.7 | 13.6 | 12.6 | 12.8 |
| HDFC Equity saving Fund (G) | Not Ranked |
506.19 | 3.0 | 8.3 | 17.0 | 10.9 | 11.3 |
| * Returns over 1 year are Annualised | More » | ||||||
Portfolio
Top Holdings (Jun 30, 17)
| Debt | Rating | Value (Rs cr) |
Asset % |
|---|---|---|---|
| 7.59% Housing & Urban Development Corporation Limited (20/06/2020) | [ICRA]AAA | 0.74 | 8.99 |
| 7.42% Rural Electrification Corporation Limited (17/06/2020) | CRISIL AAA | 0.74 | 8.97 |
| 7.78% Housing Development Finance Corporation Limited (24/03/2020) | CRISIL AAA | 0.74 | 8.97 |
| 7% Indian Railway Finance Corp Ltd (10/09/2018) | CRISIL AAA | 0.73 | 8.92 |
| 6.79% Government of India (15/05/2027) | SOV | 0.63 | 7.73 |
| Sheba Properties Limited (ZCB) | CRISIL AA | 0.42 | 5.17 |
| 8.29% State Bank of Patiala (22/01/2025) | [ICRA]AAA | 0.38 | 4.67 |
| 9.05% State Bank of India (27/01/2020) | CRISIL AAA | 0.38 | 4.61 |
| 7.83% State Government Securities (13/07/2026) | SOV | 0.38 | 4.59 |
| 10% Indiabulls Housing Finance Limited (29/09/2017) | CARE AAA | 0.37 | 4.49 |
Sector Allocation (Jun 30, 17)
| Sector | % | 1-Year HighLow |
|
|---|---|---|---|
| Technology | 10.50 | 0.00 | 0.00 |
| Banking/Finance | 10.32 | 0.00 | 0.00 |
| Automotive | 5.97 | 0.00 | 0.00 |
| Chemicals | 5.88 | 0.00 | 0.00 |
| Pharmaceuticals | 5.13 | 0.00 | 0.00 |
| Cement | 4.26 | 0.00 | 0.00 |
Asset Allocation (%)(Jun 30, 17)
| Equity | 17.34 |
| Others | 0.00 |
| Debt | 78.22 |
| Mutual Funds | N.A |
| Money Market | 0.00 |
| Cash / Call | 4.44 |
Concentration
| Holdings | (%) |
|---|---|
| Top 5 | 43.58 |
| Top 10 | 67.11 |
| Sector | (%) |
|---|---|
| Top 3 | 26.79 |
News & Videos
News
LIC Nomura MF announces merger of two schemes
LIC Nomura Mutual Fund announces merger of LIC Nomura MF Floater MIP to LIC Nomura MF Monthly Income ...
Sep 25, 2013 at 14:27 | Source: Moneycontrol.com
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LIC Nomura Mutual Fund eyes 2-fold rise in AUM in FY14
LIC Nomura Mutual Fund targets over two-fold increase in its average assets under management (AUM) i ...
Apr 07, 2013 at 15:00 | Source: PTI
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LIC Nomura MF launches LIC Nomura MF RGESS Series 1
LIC Nomura Mutual Fund launched its Rajiv Gandhi Equity Saving Scheme (RGESS) Series 1, a close ende ...
Feb 11, 2013 at 17:35 | Source: Moneycontrol.com
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