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₹137.2
(-1.5835%)
Current NAV 06-09-2024
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26.84%
1Y Returns
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Min. SIP ₹1000
Min. Investment ₹5000
Investment Objective
The scheme aims to generate returns commensurate with the performance of S&P CNX Nifty by investing in the index stocks, subject to tracking errors.
Basic Details
Key Information About Investing Details.
- CategoryIndex Fund
- KRAKARVY
- Inv. PlanGrowth
- Launched In28-Nov-02
- BenchmarkNIFTY 50 TRI
- Fund TypeOpen-Ended
- Fund HouseLIC Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size315.86 Cr.
- Min. Investment₹ 5000
- Min. Sip Inv.₹ 1000
- Min. Addl Inv.₹ 500
- Expense Ratio1.01%
- Turn over40%
- Exit LoadExit load of 0.25%, if redeemed within 7 days.
Fund Managers
Details of Managers and their Experience
![Sumit Bhatnagar-manager-image](https://folio.mysiponline.com/app/manager_image/sumit-bhatnagar.jpg)
Fund Manage : 6
Total AUM. : ₹1,786 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.