myplexus

NFO Monitor

Fund Fact

Name of Funds:

LIC MF Multi Asset Allocation

Opening:

24th January 2025

Closing:

7th February 2025

Minimum Investment:

Rs.5,000/- and in multiples of Re.1 thereafter.

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Nil

Exit Load:

1% of NAV if units are redeemed/switched out in excess of 12% of the units purchased within 3 months from the date of allotment

Fund Stats

Objective:

The investment objective of the Scheme is to generate long term capital appreciation by investing in diversified portfolio of equity & equity related instruments, debt & money market instruments and units of Gold Exchange Traded Funds (ETFs).

Benchmark:

NIFTY 500

Fund Manager:

Nikhil Rungta, Sumit Bhatnagar, Pratik Harish

Asset Allocation

65-80% Equity 10-25% Money Market

10-25% Debt upto 10% Others

Comparable existing schemes

Sundaram Multi Asset Allocation Fund	3.33(6M)	13.39(1Y)
WhiteOak Capital Multi Asset Allocation Fund	8.72(6M)	18.50(1Y)

Fund Prognosis

Idea Distiller

A late late entrant to the category and the company is filling up on the product gap more than anything else.

Fund House AAUM:
Rs 3538044.04 Lakhs(as on 31st December, 2024)
Fund Manager:
Combined experience of above 24 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Nil. Just a plain vanilla multi asset scheme.

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