About LIC MF Debt Hybrid Fund Direct - Dividend Monthly Payout
LIC MF Debt Hybrid Fund Direct - Dividend Monthly Payout 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 ₹64.18 Crores and the latest NAV decalared is ₹11.039 as on 12 Jul 2020 at 2:52 pm.
LIC MF Debt Hybrid Fund Direct - Dividend Monthly Payout scheme return performance in last 1 year is 8.85%, in last 3 years is 21.71% and 76.74% 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.