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
₹25.11
-4.60%
NAV as on 16 Jan 25, 12:00 AM
very high risk
value
equity
NAV as on 16 Jan 25, 12:00 AM
very high risk
value
equity
30.42%p.a.
Last 1Y
19.60%p.a.
Last 3Y
20.62%p.a.
Last 5Y
16.36%p.a.
Since Inception
About LIC MF Value Fund Payout of Income Distribution cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the LIC MF Value Fund Payout of Income Distribution cum Cap Wdrl scheme from LIC Mutual Fund Asset Management Limited. It is a Value mutual fund scheme that predominantly invests in Value stocks of companies. Launched on Aug 2018, LIC MF Value Fund Payout of Income Distribution cum Cap Wdrl is Value fund of its category with 142.7 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Value funds.
- LIC MF Value Fund Payout of Income Distribution cum Cap Wdrl delivered 30.4% annual returns during the last year. It has delivered 16.4% average annual returns since the fund was launched.
- LIC MF Value Fund 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 long-term capital appreciation along with regular income by investing predominantly in equity and equity related instruments by following value investing strategy. However, there can be no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
5.86%
Reliance Industries Ltd
4.08%
State Bank of India
4.05%
Enviro Infra Engineers Ltd
3.67%
Himatsingka Seide Ltd
3.32%
JTL Industries Ltd
3.08%
Hi-Tech Pipes Ltd
2.85%
Artemis Medicare Services Ltd Ordinary Shares
2.80%
Kilburn Engineering Ltd
2.62%
Piramal Pharma Ltd
2.36%
Fund Managers
- Nikhil Rungta (Jul 2024 - Present)
- Mahesh Bendre (Jul 2024 - Present)
Key Information
View Scheme Document
LIC MF Value Fund Payout of Income Distribution cum Cap Wdrl SIP Calculator
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For a period of
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NRI Mutual Fund Tax on LIC MF Value Fund 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 Value Fund 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 Value Fund 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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