LIC MF Flexi Cap Fund-Growth

LIC MF Flexi Cap Fund-Growth is a scheme launched by LIC Mutual Fund on January 13, 1993, and falls under the Flexi Cap fund category. It currently manages an AUM of Rs 1,650.24 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 2.31% for managing the portfolio.

• Investing Strategy:

  The main investmen objective is to provide capital growth by investing across Large,Mid & Small Cap stocks. The investment portfolio of the scheme will be constantly and reviewed to optimise capital growth.

• Performance:

  LIC MF Flexi Cap Fund-Growth trailing returns over different times are -5.1% (1 year), 14.25% (3 year) and 16.44% (5 year). The average annual return of this fund stands at 0.15%.