LIC Mutual Fund has declared an income distribution of ₹0.10 per unit under the IDCW option for both regular and direct plans of its LIC MF Aggressive Hybrid Fund. The record date for this distribution is February 25, 2025.
The LIC MF Aggressive Hybrid Fund is an open-ended scheme that was launched on January 3, 2013. The fund follows the CRISIL Hybrid 35+65 Aggressive Index and has generated a 10.67% return since inception. It currently holds ₹508 crore in assets under management (AUM) as of January 31, 2025, with an expense ratio of 1.41%.
The risk level is classified as ‘Very High’, according to the riskometer.
The fund’s portfolio is structured with 74.69% allocated to equities, while 23.15% is invested in debt instruments, and the remaining 2.16% is held in cash and cash equivalents.
The last dividend payout of ₹0.10 per unit was recorded on November 24, 2023. The fund has periodically distributed income, depending on availability and market conditions.
The fund is managed by Sumit Bhatnagar, and KFin Technologies Ltd. serves as the registrar and transfer agent.
For redemptions within three months, an exit load of 1% applies if the withdrawn amount exceeds 12% of the total investment. There is no lock-in period for this fund.
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 in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 24, 2025, 3:14 PM IST
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