NAV on (No Data Available)
₹0.00
No Data Available
Fund Size
₹46.1682 Crores
1Y Returns
No Data Available%
The investment objective of the scheme is to generate regular income by investing mainly in floating rate instruments / fixed rate instruments swapped for floating rate return so as to minimise the interest rate risk and at the same time aiming at generating capital appreciation in a long term by investing in equity / equity related instruments.
LIC Mutual Fund Asset Management Limited
Launch Date
September 21, 2004
Fund Manager
Mr. Surendra Jalani
Initial Price
10
AUM Fund
46.1682 Cr
Min investment
Rs 25000
Expense Ratio
1.38%
Monthly - From Rs.100/- or Rs.500/- Upto Rs.1000/-. Minimum number of Post Dated Cheques required 11.Monthly - More than Rs.1000/-. Minimum number of Post Dated Cheques required 5.Quarterly - Rs.1000/-. Minimum number of Post Dated Cheques required 3.
1% if exit within 1 year from the date of allotment of units.
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 13.28% | 0.00% | ₹1761.48 | |
| 9.63% | 15.58% | ₹301.14 | |
| 9.60% | 0.00% | ₹5188.04 | |
| 9.11% | 26.73% | ₹887.84 | |
| 9.03% | 19.71% | ₹29.92 |
Q: What is the current NAV of LIC MF Floater MIP - IDCW-Monthly?
A: The latest NAV of LIC MF Floater MIP - IDCW-Monthly is ₹ .
Q: What type of mutual fund is LIC MF Floater MIP - IDCW-Monthly?
A: LIC MF Floater MIP - IDCW-Monthly is a 'Debt - Income' type mutual fund managed by 'LIC Mutual Fund Asset Management Limited'.
Q: What is the expense ratio of LIC MF Floater MIP - IDCW-Monthly?
A: The expense ratio of LIC MF Floater MIP - IDCW-Monthly is 1.38%, which impacts overall returns.
Q: Who manages LIC MF Floater MIP - IDCW-Monthly?
A: LIC MF Floater MIP - IDCW-Monthly is managed by Mr. Surendra Jalani, who oversees investment strategy and portfolio decisions.
Q: Is LIC MF Floater MIP - IDCW-Monthly a good investment?
A: LIC MF Floater MIP - IDCW-Monthly may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of LIC MF Floater MIP - IDCW-Monthly?
A: The exit load of LIC MF Floater MIP - IDCW-Monthly is 1% if exit within 1 year from the date of allotment of units., applicable if redeemed within the specified period.
Q: How is LIC MF Floater MIP - IDCW-Monthly taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.