LIC MF Aggressive Hybrid Fund Announces ₹0.10 Income Distribution

LIC Mutual Fund has announced an income distribution of ₹0.10 per unit under the Income Distribution cum Capital Withdrawal (IDCW) option for both regular and direct plans of its LIC MF Aggressive Hybrid Fund. The record date for this payout is January 27, 2025.

Fund Composition

The LIC MF Aggressive Hybrid Fund invests 76.81% in equities, 22.09% in debt instruments, and 1.1% in cash or cash equivalents. As a hybrid fund, it balances growth potential with stability, making it a middle ground between pure equity and debt funds.

Investment Details

The minimum investment required to enter the fund is ₹5,000, with subsequent investments starting at ₹500. Systematic Investment Plans (SIPs) start from ₹200. For redemptions exceeding 12% of the investment within three months, an exit load of 1% applies. There is no lock-in period.

Performance and Costs

The fund was launched on January 3, 2013, and has delivered a return of 11% since inception. As of December 31, 2024, its assets under management (AUM) stand at ₹529 crore. The expense ratio for the fund is 1.40%.

Risk and Suitability

The fund carries a “Very High” risk classification as per the Riskometer, given its higher exposure to equities. It is aimed at investors with a long-term horizon of five years or more. Aggressive hybrid funds typically allocate 65-80% of their portfolio to equity, which helps them offer potentially better returns than debt funds while being less volatile than pure equity funds.

Additional Information

The fund is benchmarked against the CRISIL Hybrid 35+65 Aggressive Index. Like most equity-linked investments, SIPs are for those considering long-term investments.  The income distribution offers regular payouts for those invested under the IDCW option, but investors should weigh this against the fund’s long-term growth potential.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.