LIC MF Dividend Yield Fund Direct Growth

LIC MF Dividend Yield Fund Direct Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Alok Ranjan is the Current Fund Manager of LIC MF Dividend Yield Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹32,369 Cr and the Latest NAV as of 22 Oct 2024 is ₹32.54. The LIC MF Dividend Yield Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹200. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months. ;

Investment Objective

The scheme seeks to provide long term capital appreciation and dividend distribution by investing predominantly in dividend yielding equity and equity related instruments. ;