LIC MF Large Cap Fund-Growth

LIC MF Large Cap Fund-Growth is a scheme launched by LIC Mutual Fund on September 15, 1999, and falls under the Large Cap fund category. It currently manages an AUM of Rs 1,459.14 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 2.13% for managing the portfolio.

• Investing Strategy:

  To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.

• Performance:

  LIC MF Large Cap Fund-Growth trailing returns over different times are -2.87% (1 year), 11.02% (3 year) and 15.69% (5 year). The average annual return of this fund stands at 3.15%.