NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹74.46
0.02%
NAV as on 01 May 24, 12:00 AM
moderately high risk
conservative allocation
debt
NAV as on 01 May 24, 12:00 AM
moderately high risk
conservative allocation
debt
7.32%p.a.
Last 1Y
5.55%p.a.
Last 3Y
6.52%p.a.
Last 5Y
7.96%p.a.
Since Inception
About LIC MF Conservative Hybrid Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the LIC MF Conservative Hybrid Fund Growth scheme from LIC Mutual Fund Asset Management Limited. It is a Conservative Allocation mutual fund scheme that predominantly invests in Conservative Allocation stocks of companies. Launched on Feb 1999, LIC MF Conservative Hybrid Fund Growth is Conservative Allocation fund of its category with 51.5 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Conservative Allocation funds.
- LIC MF Conservative Hybrid Fund Growth delivered 7.3% annual returns during the last year. It has delivered 8.0% average annual returns since the fund was launched.
- LIC MF Conservative Hybrid Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The investment objective of the Scheme is to generate regular income by investing mainly in a portfolio of quality debt securities and money market instruments. It also seeks to generate capital appreciation by investing some percentage in a mix of equity instruments.
Top 10 Holdings
7.38% Govt Stock 2027
14.10%
07.65 Tn SDL 2033
10.28%
7.32% Govt Stock 2030
10.15%
7.17% Govt Stock 2030
10.12%
08.03 KA Sdl 2028
9.13%
7.1% Govt Stock 2029
9.08%
7.26% Govt Stock 2032
8.93%
ICICI Bank Ltd
4.96%
5.63% Govt Stock 2026
4.76%
Infosys Ltd
3.06%
Fund Managers
- Karan Doshi (Jan 2021 - Present)
- Pratik Shroff (Sep 2023 - Present)
Key Information
View Scheme Document
LIC MF Conservative Hybrid Fund Growth SIP Calculator
If invested
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For a period of
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on LIC MF Conservative Hybrid Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in LIC MF Conservative Hybrid Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in LIC MF Conservative Hybrid Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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