LIC Mutual Fund's New Consumption Fund: Know Everything in 2025
LIC Mutual Fund launched a new Consumption Fund, which will invest in the Indian consumer sector. Learn about the fund manager, benchmark, investment strategy, and minimum investment amount.
LIC Mutual Fund recently launched the Consumption Fund, which offers investors the opportunity to invest in companies in the Indian consumer sector. This plan is meant for long-term investing, and it will put money into stocks and other equity-related assets.
Managing Funds and Setting a Benchmark
Sumit Bhatnagar and Karan Doshi, two experienced fund managers, will be in charge of the initiative.The Nifty India Consumption Total Return Index (TRI) is the fund's benchmark. This means that this index will be used to keep track of how well the fund is doing.
The scheme will be managed by experienced fund managers Sumit Bhatnagar and Karan Doshi. The fund's benchmark is the Nifty India Consumption Total Return Index (TRI). This means that the fund's performance will be tracked against this index.
Minimum Investment Amount
The minimum amount to invest in this fund during the NFO period is ₹5,000. After this, investors can invest through a lump sum or SIP (Systematic Investment Plan).
Investment Strategy
The Consumption Fund will primarily invest in companies in the Indian consumer sector. The fund manager's objective is to ensure high growth and stable returns. The scheme is suitable for the long term and will include stocks from a diverse range of industries.
Features of this fund
Long-term investment option: This scheme offers investors the opportunity to generate superior returns over the long term.
Focus on the consumer sector: Investing in companies in the Indian market provides growth opportunities.
Experienced fund managers: Experts like Sumit Bhatnagar and Karan Doshi will formulate strategies for investors.
Low minimum investment amount: You can start investing with ₹5,000.
Flexible investment options: Investments can be made through a lump sum or SIP.
Why investors might choose this fund?
The Indian consumer sector is growing rapidly and investors can benefit from it over the long term.
This fund diversifies portfolios by investing in equity and equity-related instruments.
Investments will be made safely and strategically, thanks to the expertise of the fund managers.
Points to note
It is essential to understand your risk tolerance before investing.
Investors with a long-term investment horizon will offer higher returns.
Investors should understand the fund's risk category and portfolio allocation before making their investment decisions.
Conclusion:
LIC MF's Consumption Fund could be a good option for investors looking to capitalize on the growth of the Indian consumer sector over the long term. This fund will be managed by experienced managers and will perform in line with the Nifty India Consumption TRI. The low minimum investment amount makes it an attractive option for new investors as well.
LIC MF's Consumption Fund could be a good option to take advantage of the growth of the Indian consumer sector over the long term. Managed by experienced managers, this fund will aim to deliver returns in line with the Nifty India Consumption TRI. The low minimum investment amount makes it accessible even to new investors.
