About LIC MF Debt Hybrid Fund Direct-Dividend Monthly Reinvestment
LIC MF Debt Hybrid Fund Direct-Dividend Monthly Reinvestment is a Balanced
mutual fund scheme from LIC Mutual Fund
. This scheme was launched on 09 Jan 2013 and is currently managed by its fund managers Marzban Irani
and Yogesh Patil
. It has an AUM of ₹66.74 Crores and the latest NAV decalared is ₹10.809 as on 22 Nov 2019 at 9:30 pm.
LIC MF Debt Hybrid Fund Direct-Dividend Monthly Reinvestment scheme return performance in last 1 year is 10.73%, in last 3 years is 20.38% and 68.34% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
About Fund Category
Conservative Hybrid Funds invest between 75% and 90% of their total assets in debt securities and the remaining in equity and equity related instruments. Investors who have a moderately high risk appetite and who want equity exposure may consider these funds to earn higher returns than pure debt funds.