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LIC MF Infrastructure Fund - Direct Growth NAV, Performance & Investment Guide 2024

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Invest in LIC MF Infrastructure Fund Direct Growth with latest NAV ₹56.44. Explore 3-year returns of 23.46%, minimum SIP ₹200, fund manager details & complete investment guide.

Investment Objective and Approach

The scheme aims to invest in equity/equity related securities of the companies which are engaged either directly or indirectly in the infrastructure sector. Investment in equity and equity related instruments of companies directly or indirectly engaged in infrastructure sector. The fund seeks to provide Long Term Capital Growth by focusing on infrastructure-related companies that can benefit from India's ongoing infrastructure development.

The fund invests primarily in:

- Power generation and transmission companies

- Road and highway construction companies

- Telecom infrastructure providers

- Water treatment and utility companies

- Construction and engineering firms

- Railway and aviation infrastructure companies

The investment approach is suitable for investors who:

- have core portfolio and want to have an exposure to infrastructure funds from a diversification point of view

- are looking for capital appreciation with a Long-term investment horizon

- have an investment horizon of more than 3 years

Fund Managers

Mr. Yogesh Patil (Equity - managing since 18/09/20) & Mr. Mahesh Bendre (Equity - managing since 01/07/24) are the current fund managers.

Mr. Yogesh Patil brings extensive experience to the fund management. He joined LIC AMC in October 2018 as a Fund Manager and quickly moved ranks to become the Head of Equities in April 2021. He has more than eighteen (18) years of experience in the buy and sell side of the Indian equity markets. He manages some of LIC's top-performing funds like LIC Large and Midcap Fund, LIC Equity Hybrid Fund, LIC Tax saver Fund, LIC Multicap Fund, and LIC Large cap Fund. Before joining LIC MF, Mr Patil worked at Canara Robeco AMC as Senior Fund Manager and Sahara Mutual Fund as Equity Research Analyst.

Mr. Mahesh Bendre joined as co-fund manager in July 2024, bringing additional expertise to the fund's management team.

About the Fund House (AMC)

LIC Mutual Fund is an associate company of Life Insurance Corporation of India. The AMC was established on April 1989 and had maintained an above average CRISIL rating and high investor affiliation for the past 30 years. Registered with SEBI in 1994, LIC Mutual Fund has a rich history of almost 30 years in effectively managing investors' funds.

Ownership Structure:

- LIC of India holds 45% ownership making it the principal shareholder

- LIC Housing Finance (39.30%), GIC Housing Finance (11.70%), and Union Bank of India (4%)

Company Performance:

- As of December 2023, the total assets under management of the company stood at Rs 27,307.23 crore

- Currently, LIC Mutual Fund provides investors with about 26 different schemes catering to investors of varied risk appetites

- LIC Mutual Fund has consistently maintained an above-average CRISIL rating and is one of the most acclaimed fund houses in the Indian asset management sphere. It offers funds across categories like equity, debt, exchange-traded fund, hybrid, and liquid. The company also provides Portfolio Management Services.

Leadership:

LIC Mutual Fund is headed by Mr Dinesh Pangtey, Whole-time Director and Chief Executive Officer. Mr Mayank Arora is the Chief Compliance, Financial Officer & Company Secretary.

Should I Invest in LIC MF Infrastructure Fund?

Pros:

- Sectoral Focus: Infrastructure sector offers long-term growth potential driven by government spending and development initiatives

- Experienced Management: Fund managed by seasoned professionals with deep sector expertise

- Trusted Brand: Backed by LIC, one of India's most trusted financial institutions

- Diversified Holdings: Invests across various infrastructure sub-sectors reducing concentration risk

Cons:

- High Risk: Risk - Very High as per fund classification

- Sectoral Concentration: Being a sector-specific fund, it's more volatile than diversified equity funds

- Cyclical Nature: Infrastructure sector performance is closely linked to economic cycles and government policies

Investment Considerations:

- Do not invest in this, or any other infrastructure fund, if you need to redeem your investment in less than five years.

- You must do so only through the SIP route to benefit from rupee cost averaging

- Suitable only for investors with high risk tolerance and long-term investment horizon

Key Financial Metrics (as of August 2024):

- Latest NAV as of 04 Aug 2025 is ₹56.44

- AUM of ₹1053.32 Crores & expense ratio of 0.5%

- The fund's annualized returns for the past 3 years & 5 years has been around 23.46% & 13.01%

- LIC MF Infrastructure Fund Direct Growth, gave a CAGR of 16.55% since inception

FAQs

What is today's NAV of LIC MF Infrastructure Fund?

The current NAV varies daily. You can check the latest NAV on the Allvest platform or the fund house website for real-time updates.

What is the AUM of LIC MF Infrastructure Fund?

As of 24-Jul-25, it has AUM of ₹1053.32 Crores.

What is the expense ratio of LIC MF Infrastructure Fund?

The expense ratio is 0.5% for the direct plan as of July 2024.

What are the returns of LIC MF Infrastructure Fund since inception?

The fund gave a CAGR of 16.55% since inception.

What is the minimum SIP amount to invest in LIC MF Infrastructure Fund?

The minimum SIP amount is ₹200 and lump sum minimum amount is ₹5,000.

How do I invest in LIC MF Infrastructure Fund?

You can invest through Allvest's platform by completing your KYC, selecting the fund, choosing SIP or lump sum investment, and making payment through various digital modes.

How to start a SIP in LIC MF Infrastructure Fund?

Log into your Allvest account, search for LIC MF Infrastructure Fund, select SIP option, choose amount and frequency, set up auto-debit, and confirm your investment.

How do I automate an SIP in LIC MF Infrastructure Fund?

Set up an auto-debit mandate through Allvest platform by linking your bank account or UPI for seamless monthly deductions without manual intervention.

How can I withdraw/redeem my investment in LIC MF Infrastructure Fund?

You can redeem your units through Allvest platform by placing a redemption request. Exit Load of 1% will be charged for redemption within 90 days for units in excess of 12% of the investment.