LIC MF CONSERVATIVE HYBRID FUND-Growth

LIC MF CONSERVATIVE HYBRID FUND-Growth is a scheme launched by LIC Mutual Fund on June 02, 2003, and falls under the Conservative fund category. It currently manages an AUM of Rs 49.08 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 2.25% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to generate regular income by investing mainly in quality debt and money market instruments. It also seeks to generate capital appreciation in a long term by investing in equity/equity related instruments.

• Performance:

  LIC MF CONSERVATIVE HYBRID FUND-Growth trailing returns over different times are 2.81% (1 year), 6.23% (3 year) and 6.33% (5 year). The average annual return of this fund stands at 2.46%.