LIC MF S&P BSE Sensex Fund-Growth

LIC MF S&P BSE Sensex Fund-Growth is a scheme launched by LIC Mutual Fund on December 05, 2002, and falls under the Index fund category. It currently manages an AUM of Rs 88.17 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 1.08% for managing the portfolio.

• Investing Strategy:

  to generate returns commensurate with the performance of the index either Nifty/Sensex based on the plans, by investing in the respective index stocks subject to tracking errors.

• Performance:

  LIC MF S&P BSE Sensex Fund-Growth trailing returns over different times are 3.96% (1 year), 12.71% (3 year) and 15.87% (5 year). The average annual return of this fund stands at 7.61%.