May 7, 2022
mayank
LIC MF Index-Sensex Plan – Direct Plan
Growth : Rs 116.9957
IDCW : Rs 39.2272
Suitability :
“When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Warning : Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Investment Strategy :
The scheme aims to generate returns commensurate with the performance of BSE Sensex by investing in the index stocks, subject to tracking errors.
Fund Manager :
— Jaiprakash Toshniwal
Education : Mr. Toshniwal is a CFA – CFA Institute, USA. MS Finance (CFA) – ICFAI, India. B.com – Gujarat University.
Experience : Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.