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₹78.71
(-0.1544%)
Current NAV 06-09-2024
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10.28%
1Y Returns
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Min. SIP ₹1000
Min. Investment ₹5000
Investment Objective
The scheme has the primary objective to give steady income by investing at least 65 per cent of its portfolio in fixed income securities. Exposure to equity and money market instrument can range go up to 35 per cent each.
Basic Details
Key Information About Investing Details.
- CategoryConservative
- KRAKARVY
- Inv. PlanGrowth
- Launched In01-Jun-98
- BenchmarkCRISIL Hybrid 85+15 Conservative TRI
- Fund TypeOpen-Ended
- Fund HouseLIC Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size51.13 Cr.
- Min. Investment₹ 5000
- Min. Sip Inv.₹ 1000
- Min. Addl Inv.₹ 500
- Expense Ratio2.25%
- Turn over51%
- Exit LoadExit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
Fund Managers
Details of Managers and their Experience
![Pratik Harish Shroff-manager-image](https://folio.mysiponline.com/app/manager_image/pratik-harish-shroff.jpg)
Fund Manage : 10
Total AUM. : ₹2,586 Cr.
![Karan Doshi-manager-image](https://folio.mysiponline.com/app/manager_image/karan-doshi.jpg)
Fund Manage : 5
Total AUM. : ₹2,592 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCLIC Mutual Fund
- Emailcs.co@licmf.com
- Office No022-66016000
- Websitehttps://www.licmf.com
- Address4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
![test-img](https://www.mysiponline.com//images/overview-page/test-img.jpg)
Frequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.