LIC MF Large & Mid Cap Fund-Regular Plan-IDCW

LIC MF Large & Mid Cap Fund-Regular Plan-IDCW is a scheme launched by LIC Nomura Mutual Fund on February 25, 2015, and falls under the Large and Mid Cap fund category. It currently manages an AUM of Rs 3,013.32 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 1.92% for managing the portfolio.

• Investing Strategy:

  To generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of midcap companies.

• Performance:

  LIC MF Large & Mid Cap Fund-Regular Plan-IDCW trailing returns over different times are -3.12% (1 year), 14.62% (3 year) and 17.86% (5 year). The average annual return of this fund stands at -0.36%.