October 9, 2023
mayank
LIC MF Unit Linked Insurance details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Table of Contents:
- What is the Current NAV?
- Suitable For Which Investors?
- What is Fund’s Investment Strategy?
- Who is the fund Managers?
- What is investment Details?
- What is Basic Details?
- What is Trailing Returns (%)?
- Peer Comparison of Funds?
- What is Portfolio Analysis?
- Should You Invest in this Fund?
- Invest Online
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route
Fund’s Investment Strategy:
The scheme seeks to provide long term capital appreciation along with the benefits of Tax rebate and Insurance as well as additional benefit of a life cover and free accident insurance cover over a period of 10 years or 15 years. The scheme invests its portfolio in equity and debt instruments and also in money market instruments.
Fund Managers:
1) Dikshit Mittal
Education : Mr. Mittal is a MBA (Finance) – ICFAI Busines School, Hyderabad. B-Tech (Chemical) – Punjab Technical University.
Experience : Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.
2) Pratik Harish Shroff
Education: Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience: Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities.
Investment Details of LIC MF Unit Linked Insurance
| Min. Investment (Rs) | 10,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
Basic Details of LIC MF Unit Linked Insurance
| Fund House | LIC Mutual Fund |
| Launch Date | 01-Mar-13 |
| Return Since Launch | 11.76% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 456 Cr |
| (As on 30-Sep-2023) | |
| Expense | 1.67% |
| (As on 31-Aug-2023) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | 15.00% |
Trailing Returns (%) of LIC MF Unit Linked Insurance
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF ULIS Dir | 10.22 | 0.46 | -0.63 | 3.65 | 13.15 | 10.15 | 18.21 | 13.27 | 11.18 | 11.96 |
| VR Balanced TRI | 8.94 | 0.45 | 0.18 | 1.10 | 11.29 | 13.59 | 18.01 | 13.78 | 12.46 | 12.93 |
| Hybrid: Aggressive Hybrid | 13.37 | 0.36 | -0.01 | 4.16 | 14.93 | 15.64 | 19.27 | 14.41 | 12.16 | 15.10 |
| Rank within category | 36 | 12 | 38 | 26 | 33 | 42 | 23 | 24 | 18 | 19 |
| Number of funds in category | 45 | 45 | 45 | 45 | 45 | 45 | 41 | 35 | 27 | 21 |
Peer Comparison of LIC MF Unit Linked Insurance
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| LIC MF ULIS Dir | 2 star | 10.15 | 18.21 | 13.27 | 1.67 | 456 | 11.76 | — | 10Y 7M | 15.00 |
| ICICI Pru Eqt & Debt Dir | 5 star | 20.96 | 30.74 | 18.42 | 1.12 | 26,325 | 17.02 | 1.00 (365) | 10Y 9M | 28.00 |
| HDFC Hybrid Eqt Dir | 4 star | 16.84 | 22.02 | 15.15 | 1.08 | 20,789 | 15.29 | 1.00 (365) | 10Y 9M | 37.37 |
| Canara Robeco Eqt Hybrid Dir | 4 star | 13.40 | 17.28 | 15.38 | 0.61 | 9,034 | 14.34 | 1.00 (365) | 10Y 9M | 20.00 |
| Mirae Asset Hybrid Eqt Dir | 4 star | 15.01 | 18.63 | 15.31 | 0.41 | 7,722 | 13.59 | 1.00 (365) | 8Y 2M | 59.00 |
Portfolio Analysis of LIC MF Unit Linked Insurance
| No. of Stocks | 44 |
| Top 10 Holdings | 52.75% |
| Top 5 Stocks | 39.70% |
| Top 3 Sectors | 43.84% |
| Portfolio P/B Ratio | 4.91 |
| Portfolio P/E Ratio | 30.19 |
| Avg Credit Rating | GOI/Cash |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,30,966 | 1,46,548 |
| Giant (%) | 53.97 | 55.60 |
| Large (%) | 14.07 | 15.93 |
| Mid (%) | 24.85 | 21.15 |
| Small (%) | 7.11 | 7.88 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 52 | 61 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | GOI/Cash | — |
How to Invest in LIC MF Unit Linked Insurance?
Chanakya’s Mutual Fund Guidance For LIC MF Unit Linked Insurance
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.licmf.com/fund-overview/All
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