NAV as on 23 Jan, 2017
Below average performance in the category
The scheme is ranked 4 in MIP Aggressive category by Crisil (for quarter ended Sep 2016) rank unchanged from last quarter. If you are already invested in this scheme, you may consider switching to a better performing scheme.
|Period||Returns (%)||Rank #|
# Moneycontrol Rank within 103 MIP Aggressive Schemes.
|Year||Qtr 1||Qtr 2||Qtr 3||Qtr 4||Annual|
* Returns over 1 year are Annualised
* Calculation Remark - Dividends are reinvested at the rate of return
Fund returns v/s Category average (MIP Aggressive)
|1 mth (%)||3 mth (%)||6 mth (%)||1 yr (%)||2 yr (%)||3 yr (%)||5yr (%)|
|Difference of Fund returns and Category returns||-0.5||-1.6||-3.1||-5.6||-6.7||-5.9||0.6|
|Best of category||3.7||3.8||10.4||23.4||19.4||16.3||13.8|
|Worst of category||-0.8||-3.2||-6.4||-5.8||4.7||5.6||6.4|
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.
|Launch date||Jun 01, 2003|
|Benchmark||CRISIL MIP Blended Fund|
|Asset Size (Rs cr)||89.67 (Dec-31-2016)|
|Last Dividend||Rs.0.04 (Feb-01-2016)|
|Fund Manager||Kunal Jain
View performance of schemes managed by the Fund Manager
|Notes||LICMF MIP is the successor to DhanvaRsha -12. This scheme is open-ended from 1st June, 2003.|
|Load Comments||Exit Load 1% if units are redeemed on or before the expiry of 1 year from the date of allotment.|
|MIP Aggressive||Crisil Rank||Assets (Rs.cr)
|3mth (%)||6mth (%)||1yr (%)||3yr (%)||5yr (%)|
|HDFC MIP - LTP (G)||Rank 2
|Reliance MIP (G)||Rank 3
|Birla SL MIP II-Wealth 25 (G)||Rank 1
|ICICI Prudential MIP 25 (G)||Rank 2
|UTI MIS - Advantage Plan (G)||Rank 3
|* Returns over 1 year are Annualised||More »|
|6.97% Government of India (06/09/2026)||SOV||15.36||17.13|
|9.4% Piramal Enterprises Limited (01/01/2019)||[ICRA]AA||8.63||9.62|
|10.75% IDBI Bank Limited (17/10/2024)||CRISIL A||6.89||7.68|
|Tata Motors Finance Ltd (ZCB)||CRISIL AA||4.80||5.35|
|7.68% Government of India (15/12/2023)||SOV||4.56||5.09|
|8.29% State Bank of Patiala (22/01/2025)||[ICRA]AAA||4.51||5.03|
|7.83% State Government Securities (13/07/2026)||SOV||4.50||5.02|
|9.05% State Bank of India (27/01/2020)||CRISIL AAA||4.48||5.00|
|10% Indiabulls Housing Finance Limited (29/09/2017)||CARE AAA||4.35||4.85|
|9.84% Tata Motors Limited (10/03/2017)||CARE AA+||4.33||4.83|
|Cash / Call||5.01|
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