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Fund Facts
  • Name of Fund:
    LIC MF Multi Asset Allocation
  • Opening:
    24th January 2025
  • Closing:
    7th February 2025
  • Scheme Type:
    Open Ended Multi Asset Allocation Fund
  • Minimum Investment:
    Rs.5,000/- and in multiples of Re.1 thereafter.
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
    Nil
  • Exit Road:
    1% of NAV if units are redeemed/switched out in excess of 12% of the units purchased within 3 months from the date of allotment
  • Thereafter:
    Nil

Fund Stats

Objective

The investment objective of the Scheme is to generate long term capital appreciation by investing in diversified portfolio of equity & equity related instruments, debt & money market instruments and units of Gold Exchange Traded Funds (ETFs).

  • Benchmark:

  • NIFTY 500

  • Fund Manager:

  • Nikhil Rungta, Sumit Bhatnagar, Pratik Harish

Asset Allocation

65-80% Equity
10-25% Money Market
Comparable existing schemes
Sundaram Multi Asset Allocation Fund 3.33(6M) 13.39(1Y)
WhiteOak Capital Multi Asset Allocation Fund 8.72(6M) 18.50(1Y)

Fund Prognosis

Idea Distiller

A late late entrant to the category and the company is filling up on the product gap more than anything else.

  • Fund House AAUM:

  • Rs 3538044.04 Lakhs(as on 31st December, 2024)

  • Fund Manager:

  • Combined experience of above 24 years

Scheme DNA 4 fundamentals

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP Factor

Nil. Just a plain vanilla multi asset scheme.