About This Fund
LIC MF Overnight Fund Regular - Growth The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 business day.
Investment Details
Fund size
₹565.57 Cr.
Min. Investment
₹5,000
Min. Sip Inv.
₹1,000
Min. Addl Inv.
₹500
Expense Ratio
0.2%
Turn over
-
Exit Load
Data not available.
Basic Details
KRA
KARVY
Inv. Plan
Growth
Launched On
17 Jul 2019
Benchmark
NIFTY 1D Rate Index
Fund Type
Open Ended
AMC Information
AMC
LIC Mutual Fund
Email
cs.co@licmf.com
Office No
022-66016000
Website
https://www.licmf.com
Address
4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
SIP Amount
₹
Monthly SIP Date
LIC MF Overnight Fund Regular - Growth
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In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.