LIC MF Liquid Fund-Regular Plan-Daily IDCW

LIC MF Liquid Fund-Regular Plan-Daily IDCW is a scheme launched by LIC Nomura Mutual Fund on March 13, 2002, and falls under the Liquid fund category. It currently manages an AUM of Rs 12,211.17 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 0.3% for managing the portfolio.

• Investing Strategy:

  To generate reasonable returns with low risk and high liquidity through judicious mix of investment in money market and quality debt instruments

• Performance:

  LIC MF Liquid Fund-Regular Plan-Daily IDCW trailing returns over different times are 0% (1 year), 0% (3 year) and -1.85% (5 year). The average annual return of this fund stands at 0%.