LICMF Health Care Fund

Investment Objective

The objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Healthcare and Allied sectors. However there can be no assurance that the investment objective under the Scheme will be realized.

Minimum Application Amount

₹ 5,000 and in multiples of ₹ 1 thereafter.
For Systematic Investment Plan (SIP), the minimum amount is ₹ 500/- per month for a minimum period of 12 months or Minimum ₹ 1000/- per month for a minimum period of 6 months. Minimum ₹ 1500/- per quarter for a minimum period of 4 quarters.

Load Structure

Entry Load - Not applicable
Exit Load
  • Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 90 days from the date of allotment. 1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 90 days from the date of allotment. Nil, If units of scheme are redeemed or switched out after 90 days from the date of allotment.

Minimum Additional Amount
(For subsequent investments under an existing folio)

₹ 1000 and in multiples of ₹ 1 thereafter.

Minimum Redemption Amount

₹ 1000 and in multiples of ₹ 1 thereafter.

Benchmark Index

BSE Healthcare - TRI

Investment Strategy

  • The Scheme will invest predominantly in the companies engaged in Healthcare and Allied Sectors. The Portfolio will primarily comprise of the stocks of the companies which are likely to be benefitted either directly or indirectly from Healthcare and Allied sectors. The Scheme will invest across the market capitalization predominantly in healthcare and allied sector space. The Scheme also may invest in IPOs of companies which could be classified under Healthcare and Allied sector on listing.

Who Should Invest?

  • Investors seeking investment in healthcare and allied theme in India.
  • Investor looking for concentrated investment with high conviction bets.
  • Investor having investment horizon of 5 years or more.

Asset Allocation

Instruments Indicative allocations (% of total assets) Risk Profile
Minimum Maximum High / Medium / Low
Equity & Equity related instruments of companies engaged in Healthcare and Allied sectors 80 100 High
Equity and Equity related instruments of companies engaged in other than Healthcare and Allied sectors 0 20 High
Debt and Money Market instruments including Mutual Fund Liquid Schemes 0 20 Low to Medium
Units issued by Real Estate Investment Trusts (REITs) & Infrastructure Investment Trusts (InvITs) 0 10 Medium to High

Fund Manager

Mr. Karan Doshi - managing since 31st July, 2023

Plans Available

Regular Plan and Direct Plan.
(The Regular and Direct plans will have a common portfolio)

Risk Factors

For detailed scheme/securities related risk factors,
please refer to the Scheme Information Document

Options Available

1. Growth Option and 2. IDCW Option
The IDCW option has the following facilities:
(I) Reinvestment of IDCW (ii) Pay-out of IDCW
Default Investment option is Growth Option.
For the IDCW option, the default facility will be Reinvestment of IDCW
*IDCW: Income Distribution cum Capital Withdrawal

Riskometer

Investors understand that their Principal wil be at Very High Risk

This product is suitable for investors who are seeking*:
  • Long term capital appreciation.
  • Investment predominantly in equity and equity related instruments of companies engaged in Healthcare & Allied Sectors
  • Risk - Very High
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them. The change in Risk-o-meter will be evaluated on a monthly basis. For Scheme related details, including updation in Riskometer (if any) may please be referred on our website: www.licmf.com
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