LIC MF Arbitrage Fund Regular-IDCW Monthly

LIC MF Arbitrage Fund Regular-IDCW Monthly is a scheme launched by LIC Mutual Fund on January 25, 2019, and falls under the Arbitrage Funds fund category. It currently manages an AUM of Rs 210.74 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.99% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to generate income by taking advantage of arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment of the equity market along with investments in debt securities & money market instruments.

• Performance:

  LIC MF Arbitrage Fund Regular-IDCW Monthly trailing returns over different times are 6.3% (1 year), 6.62% (3 year) and 5.24% (5 year). The average annual return of this fund stands at 4.29%.