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
₹19.66
0.89%
NAV as on 16 Jan 25, 12:00 AM
moderately high risk
equity savings
equity
NAV as on 16 Jan 25, 12:00 AM
moderately high risk
equity savings
equity
9.66%p.a.
Last 1Y
8.32%p.a.
Last 3Y
8.64%p.a.
Last 5Y
6.92%p.a.
Since Inception
About LIC MF Equity Savings Quarterly Payout of Income Distribution cum Cap wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the LIC MF Equity Savings Quarterly Payout of Income Distribution cum Cap wdrl scheme from LIC Mutual Fund Asset Management Limited. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Mar 2011, LIC MF Equity Savings Quarterly Payout of Income Distribution cum Cap wdrl is Equity Savings fund of its category with 20.18 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
- LIC MF Equity Savings Quarterly Payout of Income Distribution cum Cap wdrl delivered 9.7% annual returns during the last year. It has delivered 6.9% average annual returns since the fund was launched.
- LIC MF Equity Savings Quarterly Payout of Income Distribution cum Cap wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the Scheme is to generate regular income by investing in Debt and money market instruments and using arbitrage and other derivative strategies. The Scheme also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Top 10 Holdings
LIC MF Liquid Dir Gr
10.87%
Future on Tata Consultancy Services Ltd
4.46%
Tata Consultancy Services Ltd
4.44%
Future on Bank of Baroda
3.59%
Bank of Baroda
3.57%
Future on Tata Steel Ltd.
3.57%
Tata Steel Ltd
3.54%
Future on Infosys Ltd
3.34%
Infosys Ltd
3.31%
Future on Hindustan Unilever Ltd
2.98%
Fund Managers
- Sumit Bhatnagar (Oct 2023 - Present)
- Pratik Shroff (Sep 2023 - Present)
Key Information
View Scheme Document
LIC MF Equity Savings Quarterly Payout of Income Distribution cum Cap wdrl SIP Calculator
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NRI Mutual Fund Tax on LIC MF Equity Savings Quarterly Payout of Income Distribution cum Cap wdrl
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 Equity Savings Quarterly Payout of Income Distribution cum Cap wdrl?
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 Equity Savings Quarterly Payout of Income Distribution cum Cap wdrl
- 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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