licmf factsheet march 11 fund/mf-fundfact-sheet/licmf... · 2011-03-14 · licmf unit linked...

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4th Floor, Industrial Assurance Bldg., Opp. Churchgate Station, Mumbai 400 020. Tel. : 22812038 Fax : 22880633 E-mail: [email protected] visit us at www.licmutual.com

Statutory Details: LIC Mutual Fund has been set up as a Trust sponsored by Life Insurance Corporation of India. LIC Mutual Fund Asset Management Co. Ltd. is the Investment Manager to the Fund. RISK FACTORS: Mutual Funds and Securities investments are subject to market risks and there is no assurance and no guarantee that the objectives of the Mutual Fund will be achieved. As with any investment in stocks and shares, the NAV of the units issued under the scheme can go up or down depending on the factors and forces affecting the securities markets. The Sponsor is not responsible for or liable to any loss resulting from the operations of the scheme beyond their initial contribution of Rs. 2 Crore towards the setting up of the Mutual Fund. Past performance of the Sponsor/AMC/Mutual Fund does not indicate the future performance of the schemes of the Mutual Fund. The NAV of units of the scheme may be affected by changes in general level of interest rates. Please read the scheme information document carefully before investing.

Investment Manager:

PLACE ADDRESS LANDLINE MOBILEAHMEDABAD Jeevan Sadan, 3rd Flr, LIC Bldg, Opp. Capital Commercial Center,

9328638838 / 9998559460BANGALORE No.4, Canara Mutual Building (Opp. Cash Pharmacy), 2nd Floor, Residency Road, BANGALORE-560025. 080-22210180 / 22118478 9845172957 / 9972092957 /

9986500721 / 9880058223BHUBANESHWAR OCHC Building, Ground Floor, 24-Janpath, Unit-3, BHUBANESHWAR-751001. 0674-2390694 9438132162

CHENNAI 15, Anna Salai, Next to V.G.P. Bldg., CHENNAI - 600002. 044-28411984 / 28555883 9382315850 / 9940286305 /9500038285 / 8754479990 /9500038285

DEHRADUN 110, Tagore Villa, Chakrata Road, DEHRADUN - 248 001 0135 - 2650749 9412039057 / 9410702598 /9208402495 / 9897056231

ERNAKULAM 11th Floor, Jeevan Prakash, M.G. Road, Ernakulam, KOCHI - 682011 0484-2367643 9895036554 / 9745612888 / 9946710555 / 9388755722 /

9447742733GOA T 9/10, 3rd floor, Alfran Plaza, Opp. Don Bosco High School, M. G. Road, Panaji, GOA-403001. 0832-2420561 8055538358 / 9890711551 /

9370643076GURGAON LICMF AMC Ltd., Office No. 202, 1st Floor, AKD Tower, Near HUDA Office, Sector 14, Gurgaon - 122007. 0124-2220592 9811464244 / 9654228220 /

9555542768GUWAHATI LICMF AMC Ltd., C/o LIC of India, Jeevan Deep Building, M. L. Nehru Road, Panbazar, GUWAHATI -781 001 0361 - 2735323 9435040478 / 9435070961 /

9435105186HUBLI LICMF AMC Ltd., 2nd Floor, LIC Bldg., Beside HPO, Lamington Road, Hubli - 580020. 0836 - 4260523 / 4262092 9035484001 / 9845205168

HYDERABAD LIC Mutual Fund, House No. 5-9-57, 4th Floor, Jeevan Jyoti Building, Basheerbagh, HYDERABAD - 500029. 040-23244445 / 23210572 9392471583 / 9000444850 / 9000550850

INDORE U.V. House, 1st Floor, Snehil 9/1-A South Tukoganj, INDORE - 452001. 0731-2520262 / 4069162 9589050250 / 94258701269981511435

JAIPUR 327 - A, 3rd floor, Ganpati Plaza, M. I. Road, JAIPUR - 1. 0141-5112620 9460873120 / 9829098323 / 9929095005

KANPUR Jeevan Vikas, Ground Floor, 16/98, M.G. Road, KANPUR - 208001. 0512-2360240 / 3244949 7275430214 / 9451448305 /9984006600 / 9838038440 /9389052340 / 9889085736

KOLKATA Ground Floor, Hindustan Building Annexe, 4, Chittaranjan Avenue, KOLKATA - 700072. 033-22129455 / 65290605 9432128113 / 9830689965 /9432391810 / 9051068127 / 9474424374 / 9339531895 /9330662779

LUCKNOW 7th Floor, Jeevan Bhavan 2, Naval Kishore Road, Hazrat Ganj, Lucknow - 226 001 0522-2231186 / 4045203 9415060134 / 9453016072 /9415482270 / 9559431860

LUDHIANA LICMF AMC Ltd., Rm No. 102-103, 1st Fl, S.C.O. 18, Opp. Stock Exch., Feroze Gandhi Mkt, Ludhiana-141 001. 0161 - 2405805 / 2405806 9814703558 / 9915099333MADURAI LICMF AMC Ltd., 2nd Floor, LIC Bldg., Door No. 3, West Marret Street, Madurai - 625 001 0452 - 2345700 9442109039 / 9840626085MANGALORE LICMF AMC Ltd., No. 6, Gr. Floor, Popular Building, K S Rao Road, Managalore - 575 001 0824 - 2411482 9845190466 / 9980950466 /

9845758228MUMBAI - I LIC Mutual Fund, Gr. Floor, Industrial Assurance Bldg., Opp. Churchgate Station, MUMBAI - 400020. 022-22885971 / 22817162 / 63 9324543832 / 9320762764 /

9769028905 / 9820137844 / 9930957772 / 9892550455 /

9820469996MUMBAI - II 103, First Floor, A Wing, BSEL Tech Park, Opp. Vashi Railway Station, Navi Mumbai - 400 703. 022-2781 2522 9820002994 / 9702882224 /

9920417717 / 9595977222 /9930476555

NAGPUR LIC Mutual Fund AMC Limited, Jeevan Seva Bldg., Mount Road, Sadar, Nagpur - 440 001. 0712 - 2542497 9422113800 / 9975724030 /9422728151

NASHIK Shop No.2, Ground Floor, Rajvee Enclave, New Pandit Colony, NASHIK - 422002. 0253-2579507 9922996155 / 9823366379 /9595075700

NEW DELHI 7th Floor, Jeevan Prakash, 25 K.G. Marg, NEW DELHI - 110001. 011-23359190/23314396 9716481681 / 9818610867 / 9818630124 / 9818191263 /9891736008 / 9871814850 /9999340088 / 9971672830

PATNA Ground floor, Jeevan Jyothi Bldg. Exhibition Road, PATNA - 800001. 0612-2501157/6452757 9431447848 / 9431023274 /9472082999

PUNE C/o LIC of India, Pune D.O.-I,6/7, Shivaji Nagar,University Road, Pune - 411 005 020 - 25537301 9822474487 / 9325523480 /9767868611

RAIPUR SF-22-23, Millennium Plaza, Near Indian Coffee House, G.E. Road, RAIPUR - 492001 C.G. 0771-2236780/4051137 9329731077 / 9329100009 /9407646661

RANCHI Narsaria Tower, 2nd Floor, Opp. Lalpur Police Station, Post Lalpur, RANCHI -834001. 0651-2206372 9470524099 / 9835197681 /9835708803

AHMEDABAD - 380006. 079-26588301 / 65431989 9375090006 / 9924403147 /

Mobile No. Mobile No. Mobile No. Mobile No.AGRA : 9927888854AHMEDNAGAR : 9422238925AJMER : 9829077674ALAPUZHA : 9447367160ALLAHABAD : 9918971258AMRAVATI : 9372941955AMRITSAR : 9814299747AURANGABAD : 9923797207BANKURA : 9378330300BEHRAMPORE : 9861546580BELGAUM : 9916140315BELLARY : 9916013299BILASPUR : 9302606248BHAGALPUR : 9431609765BHILAI : 9303808855BHILWARA : 9829287273BHOPAL : 9302441980BHUJ : 9377713665BIKANER : 9829791132BOKARO : 9955189443BURDWAN : 9831712244CALICUT : 9349739890CHANDIGARH : 9316065681CHANDRAPUR : 9372941955

BUSINESS CENTREName of Place Name of Place Name of Place Name of Place

AREA OFFICES

COIMBATORE : 95009989499524562737

DALTONGANJ : 9162780200DAVANGERE : 9900026952DEOGHAR : 9430155378DHANBAD : 9835334495GAYA : 9470854005GORAKHPUR : 9336833448GULBARGA : 9900144196GWALIOR : 9406586454HALDWANI : 9839976747HASSAN : 9986125091JABALPUR : 9407606313JAGDALPUR : 9303354452JALGAON : 9422211343JAMMU : 9419213201JAMSHEDPUR : 9234620669JALPAIGURI : 9800577663JHANSI : 9760016559JODHPUR : 9829947974KARIMNAGAR : 9000444853KARWAR : 9845190466KHARAGPUR : 9832010008KOLHAPUR : 9822851948

KOTA : 9829905879KOTTAYAM : 9656010033MADGAON : 9673682722MADIKERI : 9901595891MALDA : 9836237434MANDI : 9817232224MEERUT : 9319267811MEHSANA : 9979533536MORADABAD : 9454993170MYSORE : 9986117183MUZAFFARPUR : 9431813155NANDED : 9822203503NELLORE : 9000444854NOIDA : 9811108744PANIPAT : 9996006023PONDHICHERRY : 7708007363RAICHUR : 7829913696RAJAHMUNDRY : 9000171857RAJKOT : 9898733233SAHARANPUR : 9896455020SALEM : 9944744424SAMBALPUR : 9937040031SATARA : 9423192029SATNA : 9300757593

SHAHDOL : 9303822916SHILLONG : 9435787838SHIMLA : 9318960005SHIMOGA : 9902007686SURAT : 9978862626

9925027406SILIGURI : 9883096767THANE : 9320180806THRISSUR : 9388110220TIRUNELVELI : 9655505105TRICHY : 9842524130TRIVANDRUM : 9388088066UDAIPUR : 9784011432UDUPI : 9611111028VADODARA : 9327494916VAPI : 9377566652VARANASI : 9336501004VISHAKHAPATNAM : 9000444851VIJAYWADA : 9000444856WARANGAL : 9000171858

9

March, 2011

Risk Factors: Mutual Fund and Securities Investments are subject to market risks and there is no assurance and no guarantee that

the objectives of the Mutual Fund will be achieved. As with any investment in stocks and shares, the NAV of the units issued under

the scheme can go up or down depending on the factors and forces affecting the capital markets. Past performance of the Sponsor /

AMC / Mutual Fund does not indicate the future performances of the schemes of the Mutual Fund. The Sponsor is not responsible for or liable to any

loss resulting from the operations of the scheme beyond their initial contribution of Rs.2 Cr towards the setting up of the Mutual Fund. The NAV of

the units of the scheme may be affected by changes in general level of interest rates. Please read the Scheme Information

Document, Statement of Additional Information carefully before investing. Copy of the SID, SAI, KIM and Application Form may be

obtained from our Offices / Website / R&T Agent. Statutory Details: LIC Mutual Fund has been set up as a Trust sponsored by Life

Insurance Corporation of India. LIC Mutual Fund Asset Management Company Ltd. is the Investment Manager to the Fund.

MUTUAL INTEREST2 15MUTUAL INTEREST

SCHEMES

26th March 99

The primary investment objective of the scheme is to generate an attractive returns for its investors by investing in a portfolio of quality Debt Securities and Money Market Instruments.

Debt

Dividend / Growth

Nil

1% if exit within 1 year

Rs. 5000/-

Redemption on all business days

On all business days

SIP / SWP / STP / AWOCA

Available

Quarterly

Shri A. R. Nayak

15th November 99

The primary investment objective of the scheme is to generate credit risk free and reasonable returns for its investors through investments in sovereign securities issued by the Central and/or State Government and/or any security unconditionally guaranteed by the Central/State Government for repayment of Principal and Interest and/or Reverse Repos in such securities as and when permitted by RBI.

Debt - Gilt

PF / Regular

Dividend / Growth

Nil


Regular Plan: Rs. 5,000/-PF Plan: Rs. 10000/-




Available

Quarterly

Shri A. R. Nayak

26th September 01

The investment objective of the scheme is to provide long term growth of capital through a judicious mix of investments in quality Debt Securities and Equities with relatively low levels of risk.

Balanced

Growth

Nil


Rs. 5000/-




Available

As and when available

Shri S. Ramasamy

29th May 03

The investment objective of the scheme is to generate income by investing in a quality short term debt securities. There can be no assurance that the investment objective of the scheme will be realized.

Debt - Short Term

Dividend / Growth

Nil

Nil

Rs. 5000/-




Available

Monthly / Daily / Weekly

Shri A. R. Nayak

Bond Fund G-Sec Fund Savings Plus Fund Children’s Fund

11th March 02

The investment objective of the scheme is to generate reasonable returns with low risk and high liquidity through judicious mix of investment in Money Market Instruments and quality Debt Instruments

Debt - Liquid

Dividend / Growth

Nil

Nil

Rs. 25000/-


On all days

STP

Available

Daily

Shri A. R. Nayak

1st June / 03

The investment objective of the scheme is to generate regular income by investing mainly in quality Debt and Money Market Instruments. It also seeks to generate Capital Appreciation in a long term by investing in Equity / Equity related instruments. There can be no assurance that the investment objective of the scheme will be realized.

Debt

Monthly Div./Quarterly Div. Yearly Div./Growth

Nil


Rs. 5000/-




Available

Monthly / Quarterly / Yearly

Mrs. Bichitra Mahapatra

15th March 2004

The investment objective of the scheme is to generate consistent return by investing mainly in floating rate instruments/fixed rate instruments swapped for floating rate return so a to minimize the interest rate risk for the investors

Debt - Floating

Dividend / Growth

Nil

Nil

Rs. 5,000/- and thereafter in multiples of Rs. 500/-.


On all days


Available

Daily / Weekly

Shri A. R. Nayak

19th June 89

The scheme seeks to generate long term capital appreciation and offer tax benefits u/s 80C of the Income Tax Act, 1961 as well as additional benefits of life cover and free accident insurance cover.

Insurance linked tax saving

Single Premium-5/10 year termRegular Contribution-10/15 year term

Dividend Re-investment

Nil

Nil

Rs. 10000/- under Single Premium Rs. 1000/- under Regular Premium- yearly option, Rs. 100/- under Regular Premium - monthly option



SIP / STP

Available



Liquid Fund Monthly Income Plan Unit Linked Insurance Scheme Floating Rate Fund - STP

Launch Date

InvestmentObjective

Type

Plans

Options

Entry Load

Exit Load

Minimum Investment

Liquidity

NAV Declaration

Special Facilities

Nomination

Dividend Frequency

Fund Manager

Launch Date

Objective

Type

Plans

Options

Entry Load

Exit Load

Minimum Investment

Liquidity

NAV Declaration

Special Facilities

Nomination

Dividend Frequency

Fund Manager

LICMF UNIT LINKED INSURANCE SCHEME An Open-ended Insurance linked Tax Saving Scheme

EQUITY PORTFOLIO (as on 28/02/2011)


TOTAL Net Assets 100.00

Average AUM (for February 2011) Rs. Cr118.62

Average AUM Rs. Cr(for February 2011) 24.56

NAV (Rs.) as on 28/02/2011 : 9.5589

Last 1 year 4.21%Last 3 years -4.03%Since Inception 10.92%Benchmark (C BalanceEx) Return (Last 1 year) 7.12%

ANNUALISED RETURNS

(Past Performance may or may not be Sustained in Future)

Holdings Rating % toNet Assets

Equity R I L 5.71B H E L 5.58TATA POWER 5.40O N G C 5.39INFOSYS TECHNOLOGIES 5.07L & T 3.65H D F C BANK 3.64HOUSING DEVELOPMENT FINANCE CORPN 3.08TATA CONSULTANCY SERVICES 2.82M & M 1.79SIEMENS 1.79S B I 1.78H P C L 1.76TATA MOTORS 1.74G A I L 1.68TATA STEEL 1.54CIPLA 1.52TATA TEA 1.40JINDAL STEEL & POWER 0.97STERLITE INDUSTRIES 0.83H C L TECHNOLOGIES 0.75M U L 0.74DR REDDYS LABORATORIES 0.65PUNJAB NATIONAL BANK 0.62IDFC 0.61JUBILANT ORGANOSYS 0.55COAL INDIA LIMITED 0.54I C I C I BANK 0.41LUPIN 0.32INDIAN HOTELS 0.31JUBILANT ORGANOSY 0.03TOTAL - EQUITY 62.68

DEBT PORTFOLIO (as on 28/02/2011)

HoldingsNet Assets

Rating % to

DebtDECCAN CHRONICLE AA 6.00PUNJ LLOYD AA 5.92SHRIRAM TRANSPORT FINANCE AA 3.27R E C AAA 0.88MAGMA FINCORP AA- 13.37RELIANCE CAPITAL AAA 3.35TOTAL - DEBT 32.80Certificate of Deposit CANARA BANK P1+ 4.18Total Certificate of Deposit 4.18Commercial Paper 0.00TOTAL - Commercial Paper 0.00Cash 'n' Call, Current Assets & Receivables 0.34

GROSS DIVIDEND RECORD (RS./UNIT)

Year Rate1990-91 1.301991-92 1.351992-94 (18 months) 1.501994-95 0.751996-97 0.601997-98 1.001999-00 1.002001-02 1.00

Year Rate2002-03 0.752003-04 1.702004-05 2.002005-06 2.802006-07 4.402007-08 3.002008-09 0.002009-10 0.00

Expense Ratio (as at 28 ) : 2.07% /02/2011

Money Mkt.4.52%

Debt 32.80%

.

Equity62.68%

LICMF BALANCED FUNDAn Open-ended Balanced Scheme

Holdings % to Net Assets


DEBT PORTFOLIO (as on 28//02/2011)

DebtI R F C AAA 4.53PUNJ LLOYD AA 8.31MAGMA FINCORP AA- 16.48

TOTAL - DEBT 29.31

Bank Deposits

Cash 'n' Call, Current Assets & Receivables 9.58

Holdings Rating % to Net Assets

NAV (Rs.) as on 28/02/2011 : Dividend: 11.0865; Growth: 52.4704

Last 1 year 1.58Last 3 years -3.84%Since Inception 6.99%

Benchmark (C BalanceEx) Return (Last 1 year) 7.12

%

%

ANNUALISED RETURNS


Expense Ratio (as on 28/02/2011) : 1.94%

Month Dividend (Rs./Unit)Nov-04 0.35Mar-05 0.85Aug-05 1.00Nov-05 0.75Feb-06 0.85Apr-06 1.70Sep-06 1.00Jan-07 1.50Oct-07 1.50

DIVIDEND HISTORY

EquityH L L 7.64HINDALCO 6.27H C L TECHNOLOGIES 5.52G A I L 5.35L & T 5.09RANBAXY LABORATORIES 4.52I D B I 3.83YES BANK 3.43POWER TRADING CORPORATION 3.41H P C L 3.33SESA GOA 3.28G A C L 2.46UNION BANK OF INDIA 2.44IDFC 2.42COAL INDIA LIMITED 1.33JUBILANT ORGANOSYS 0.76JUBILANT ORGANOSY 0.05Total Equity 61.10

Money Mkt.9.58%

Debt 29.31%

.

Equity61.11%

Avg. Maturity (in years) : 2.55Avg. Duration (in years) : 2.30


SNAPSHOT

SIP: Systematic Investment Plan; SWP: Systematic Withdrawal Plan; STP: Systematic Transfer Plan; AWOCA: Automatic Withdrawal of Capital AppreciationNote : SWP & AWOCA are available under growth options only.

LICMF GROWTH FUNDAn Open-ended SchemeGrowth

PORTFOLIO (as on 28/02/2011) PORTFOLIO (as on 28/02/2011)



Expense Ratio (as on 28 ) : %/02/2011 1.27

Last 1 year 6.91%Last 3 year 1.07%Since Inception 8.68%Benchmark (Sensex) Return - last 1 year 8.44%

ANNUALISED RETURNS


Holdings % toNet Assets


EquityINFOSYS TECHNOLOGIES 6.32R I L 5.92L & T 5.18I T C 4.40S B I 4.29H D F C BANK 3.74I C I C I BANK 3.61TATA STEEL 2.96M & M 2.82B H E L 2.74S A I L 2.64HOUSING DEVELOPMENT FINANCE CORPN 2.54O N G C 2.36G A I L 2.14TATA CONSULTANCY SERVICES 2.07HINDALCO 1.98INDIAN HOTELS 1.92STERLITE INDUSTRIES 1.90AXIS BANK 1.82TATA MOTORS 1.81WIPRO 1.56IDFC 1.42DR REDDYS LABORATORIES 1.22SESA GOA 1.22M U L 1.18JINDAL STEEL & POWER 1.16HERO HONDA MOTORS 1.16VOLTAS 1.11CIPLA 1.06KOTAK MAHINDRA BANK 0.98I D B I 0.94BHARTI AIRTEL 0.92H C L TECHNOLOGIES 0.82ANDHRA BANK 0.82RANBAXY LABORATORIES 0.81UNION BANK OF INDIA 0.73N M D C 0.70INDIA CEMENTS 0.63BALARAMPUR CHINI MILLS 0.61NEYVELI LIGNITE CORPORATION 0.61G A C L 0.60JUBILANT ORGANOSYS 0.59COAL INDIA LIMITED 0.59BHARAT FORGE 0.57SIEMENS 0.54B E M L 0.46MADRAS CEMENT 0.42PUNJAB NATIONAL BANK 0.41JSW STEEL 0.40IVRCL INFRASTRUCTURES & PROJECTS 0.39B P C L 0.26N T P C 0.25YES BANK 0.24TATA POWER 0.21GUJRAT NRE COKE 0.18CHAMBAL FERTILISERS & CHEMICALS 0.16IRB INFRASTRUCTURE DEVELOPERS 0.11

LICMF TAX PLANAn Open-ended ELSS

PORTFOLIO (as on 28/02/2011)

DIVIDEND HISTORY

Month Dividend (Rs./Unit)

Mar-04 2.00

Mar-05 3.00

Aug-05 1.00

Mar-06 2.00

Oct-06 2.50

May-07 1.00

Oct-07 1.50


Average AUM Rs. 38 Cr(for February 2011) .10

Expense Ratio (as on 28 ) : 2.11%/02/2011



Holdings % to

Net AssetsEquityR I L 7.19INFOSYS TECHNOLOGIES 5.59S B I 5.39TATA CONSULTANCY SERVICES 4.74H D F C BANK 4.59I C I C I BANK 4.52TATA STEEL 4.03B H E L 3.46HOUSING DEVELOPMENT FINANCE CORPN 3.35L & T 2.82JINDAL STEEL & POWER 2.80I T C 2.70BHARTI AIRTEL 2.64S A I L 2.45M & M 2.12HINDALCO 2.00KOTAK MAHINDRA BANK 1.84SESA GOA 1.74VOLTAS 1.66G A I L 1.64O N G C 1.55INDIAN HOTELS 1.47AXIS BANK 1.38STERLITE INDUSTRIES 1.28DR REDDYS LABORATORIES 1.23CONCOR 1.17TATA MOTORS 1.15G A C L 1.07N M D C 1.05M U L 0.95WIPRO 0.93M R F 0.87I O C L 0.85PUNJAB NATIONAL BANK 0.85BHARAT FORGE 0.82RURAL ELECTRIFICATION CORPORATION 0.75CIPLA 0.70RANBAXY LABORATORIES 0.69TATA POWER 0.61IDFC 0.58JUBILANT ORGANOSYS 0.47BANK OF BARODA 0.46B P C L 0.44UNION BANK OF INDIA 0.42JAYPEE INFRATECH 0.37MUNDRA PORT & SEZ 0.33ALLAHABAD BANK 0.26VIJAYA BANK 0.20


Last 1 year

Last 3 years -3.87%

Since Inception 7.99%

Benchmark (Sensex) Return Last 1 year 8.44

7.36%

%

ANNUALISED RETURNS

DIVIDEND HISTORYMonth Dividend (Rs./Unit)

Oct-07 1.50

NAV (Rs.) as on 28/02/2011: DIVIDEND: 10.8713; GROWTH: 12.2568

NAV (Rs.) as on 28/02/2011; Dividend: 9.9924; Growth: 27.9062

Money Mkt.9.45%

Equity90.55%

Money Mkt.10.60%

Equity89.40%

ULTRA TECH CEMCO 0.07NDTV 0.05MOIL LTD 0.04POWER TRADING CORPORATION 0.03ZEE TELEFILMS 0.01Total Equity 89.40Debt 0.00Total - Debt 0.00Bank DepositsCommercial Paper / Bank Deposit 0.00Cash 'n' Call, Current Assets & Receivables 10.60

IDEA CELLULAR 0.15ANDHRA BANK 0.14JUBILANT ORGANOSY 0.04H P C L 0.03Total Equity 90.55Debt Total - Debt Commercial Paper 0.00Bank Deposits Cash 'n' Call, Current Assets & Receivables 9.45

1st September 99

The main investment objective of the scheme is to provide capital growth by investing mainly in equities and also in debt and other permitted instruments of capital and money markets. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth.

Equity - Diversified

Dividend / Growth

Nil


Rs. 2000/-




Available


Shri S. Ramasamy

14th November 02

The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty/Sensex based on the plans, by investing in the respective index stocks subject to tracking errors

Equity - Index

Sensex / Nifty / Sensex Advantage

Dividend / Growth

Nil


Rs. 2000/-




Available


Shri S. Ramasamy

1st January 91

The investment objective of the scheme is to provide regular returns and capital appreciation according to the selection of plan by investing in debt and equity instruments.

Balanced

Dividend / Growth

Nil


Rs. 1000/-




Available



16th April 98

The main investment objective of the scheme is to provide capital growth by investing mainly in equities. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth.


Dividend / Growth

Nil


Rs. 2000/-




Available


Shri S. Ramasamy

31st January 2005

The investment objective of the scheme is to provide capital growth in long term with reasonable risk levels by investing mainly in companies which are in sector/s which have high growth potential at that point of time.


Dividend / Growth

Nil


Rs. 5000/-




Available


Shri S. Ramasamy

1st January 1997

The investment objective of the scheme is to provide capital growth along with tax rebate u/s 80C to our investors through prudent investments in the stock markets.

ELSS

Dividend / Growth

Nil

Nil

Rs. 500/-




Available


Shri S. Ramasamy

28th May 2007

The investment objective of the scheme is to provide reasonable possible current income – conisst6ent with preservation of capital and providing liquidity – from investing in a diversified portfolio of short-term money market and debt securities.

Debt

Dividend / Growth

Nil

Nil

Rs. 5,00,000/-



STP

Available

Daily / Weekly / Monthly

Shri A. R. Nayak

21st September 2004

The investment objective of the scheme is to generate regular income by investing mainly in floating rate instruments / fixed rate instruments swapped for floating rate return so as to minimize the interest rate risk and at the same time aiming at generating capital appreciation in a long term by investing in Equity / Equity related instruments

Debt

Monthly Div. / Quarterly Div. / Yearly Div. / Growth

Nil


Rs. 5000/-




Available



Growth Fund Balanced Fund Equity Fund

Opportunities Fund Tax Plan Floater MIP Income Plus Fund

Index Fund


LICMF INDEX FUNDAn Open-ended Index Linked Equity Scheme

EquityR I L 10.18INFOSYS TECHNOLOGIES 9.01I C I C I BANK 6.97I T C 5.58HOUSING DEVELOPMENT FINANCE CORPN 5.10L & T 5.08H D F C BANK 4.55S B I 4.23TATA CONSULTANCY SERVICES 3.51BHARTI AIRTEL 2.50TATA STEEL 2.49TATA MOTORS 2.36O N G C 2.28B H E L 1.98AXIS BANK 1.95H L L 1.84M & M 1.82HINDALCO 1.62JINDAL STEEL & POWER 1.59STERLITE INDUSTRIES 1.45WIPRO 1.39N T P C 1.35DR REDDYS LABORATORIES 1.21G A I L 1.19TATA POWER 1.16BAJAJ AUTO 1.07M U L 0.99SUN PHARMACEUTICALS 0.99IDFC 0.97CIPLA 0.95CAIRN INDIA 0.92KOTAK MAHINDRA BANK 0.90PUNJAB NATIONAL BANK 0.88HERO HONDA MOTORS 0.88POWER GRID CORPORATION OF INDIA 0.87SIEMENS 0.80H C L TECHNOLOGIES 0.66SESA GOA 0.62G A C L 0.60A C C 0.59S A I L 0.56JAIPRAKSH ASSOCIATES 0.56RELIANCE INFRASTRUCTURE 0.53DLF 0.48B P C L 0.45RANBAXY LABORATORIES 0.41RELIANCE POWER LTD 0.38RELIANCE COMMUNICATION 0.35RELIANCE CAPITAL 0.34SUZLON ENERGY 0.22Total Equity 99.36Cash 'n' Call, Current Assets & Receivables 0.64

NIFTY PLAN - PORTFOLIO (as on 28 )/02/2011


Average AUM (for February 2011) Rs. 61.53 Cr

NAV (Rs.) as on 28/02/2011: Dividend: 10.8564; Growth: 29.4323

Last 6 months -2.82%Last 1 year 8.49%Last 3 years -1.99%Since Inception 13.99%Benchmark NSE - Nifty Return (Last 6 months) -2.73%Benchmark NSE - Nifty Return (Last 1 year) 8.30%

ANNUALISED RETURNS

Equity R I L 12.09INFOSYS TECHNOLOGIES 10.20I C I C I BANK 7.76I T C 6.35L & T 5.82HOUSING DEVELOPMENT FINANCE CORPN 5.77H D F C BANK 5.30S B I 5.23TATA CONSULTANCY SERVICES 4.55O N G C 3.23BHARTI AIRTEL 3.06TATA STEEL 2.83TATA MOTORS 2.80B H E L 2.39H L L 2.14M & M 2.10N T P C 1.95JINDAL STEEL & POWER 1.93WIPRO 1.87HINDALCO 1.87STERLITE INDUSTRIES 1.72

SENSEX PLAN PORTFOLIO (as on 28/02/2011)



Average AUM Rs. (for February 2011) 26.36 Cr




Last 6 months -1.71%Last 1 years 9.03%Last 3 years -1.44%Since Inception 15.71%Benchmark BSE - Sensex Return (Last 6 months) -1.91%Benchmark BSE - Sensex Return (Last 1 years) 8.44%

ANNUALISED RETURNS

SENSEX ADVT. PLAN PORTFOLIO (as on 28/02/2011)

Month Dividend (Rs./Unit)Nifty Sensex Sensex Advt.

Jan-04 1.6 1.5 1.7Aug-05 2.5Nov-05 4.0Jan-06 5.0Feb-06 5.0Nov-06 5.0Feb-07 5.0Mar-07 2.0 2.5Mar-08 2.0 1.5Jan-10 1.75










Last 1 yearLast 3 years -2.51%Since Inception 14.82%Benchmark BSE - Sensex Return (Last 1 year) 8.44

7.57%

%

ANNUALISED RETURNS

DIVIDEND HISTORY


Holdings % to Net AssetsEqutiyR I L 10.71INFOSYS TECHNOLOGIES 9.04I C I C I BANK 6.87I T C 5.62L & T 5.16HOUSING DEVELOPMENT FINANCE CORPN 5.10H D F C BANK 4.68S B I 4.64TATA CONSULTANCY SERVICES 4.03O N G C 2.86BHARTI AIRTEL 2.71SESA GOA 2.61TATA STEEL 2.37TATA MOTORS 2.27B H E L 2.12H L L 1.89KOTAK MAHINDRA BANK 1.79N T P C 1.73JINDAL STEEL & POWER 1.71M & M 1.70STERLITE INDUSTRIES 1.69HINDALCO 1.66WIPRO 1.66IDFC 1.60TATA POWER 1.18BAJAJ AUTO 1.13M U L 1.07CIPLA 0.96HERO HONDA MOTORS 0.90G A C L 0.78JAIPRAKSH ASSOCIATES 0.56DLF 0.56RELIANCE INFRASTRUCTURE 0.55RELIANCE COMMUNICATION 0.38IDEA CELLULAR 0.32NDTV 0.24Total Equity 94.86Cash 'n' Call, Current Assets & Receivables 5.14

TATA POWER 1.34BAJAJ AUTO 1.28M U L 1.21CIPLA 1.09HERO HONDA MOTORS 1.02JAIPRAKSH ASSOCIATES 0.63DLF 0.63RELIANCE INFRASTRUCTURE 0.62RELIANCE COMMUNICATION 0.43Total Equity 99.20Cash 'n' Call, Current Assets & Receivables 0.80

Market Review

DEBT MARKET REVIEW

Tight liquidity condition persisted during the month of February 2011 with inflation being the major area of concern for the Reserve Bank of India. The wholesale price index, the most widely watched gauge of prices in India, came down to 8.23 percent in January 2011, from a year earlier, compared with 8.43 percent in December 2010. It was mainly on account of drop in food prices with the fresh arrival of agricultural products. RBI continues to maintain a hawkish stance on inflation and monitor the liquidity and interest rate movements, very closely.

Sovereign Bonds witnessed a sharp rally and markets cheered the following announcements by the Finance Minister in the Union Budget for F.Y. 2011/12, presented on 28th February 2011.

l Lower than expected net borrowing of Rs.3.43 lakh crores and Gross Borrowing of Rs.4.17 lakh crore, as against Rs.4.27 lakh crore in the last fiscal.

l Tighter Fiscal Deficit Target at 4.6% of GDP for next fiscal, against market expectation of 4.80%.

l Increase in FII investment limit in Debt to $40 billion.

The 10 year benchmark bond (7.80% GS 2020) yield touched 7.98% on 28th February. On the CDs front PSU Banks issued 3 month and 6 month CDs in the range of 9.95% - 10.10%. PSU banks and Private banks issued 1 year CDs in the range of 10% - 10.30%.

The 5-year & 10-year AAA Corporate Bond yield ended at 9.20% & 9.14%, respectively, as on 28th February 2011.

Outlook:

Inflation would remain the primary concern of the Reserve Bank of India in the coming months with the spurt in Crude Oil Prices, subsequent to the unrest in the Mid-East Region. With the expected advance tax outflows in the 2nd Fortnight of March, tight liquidity conditions are expected to continue till March 2011. However, if the Crude oil prices ease, interest rates may cool down from April 2011,as it appears that interest rates are at peak levels or are nearer to the peak levels. Next Quarterly Review of RBI on March 17 will be keenly watched.

EQUITY MARKET REVIEW

Ahead of the Union Budget expectations and geopolitical pressure, the equity markets in the month of February remain in bearish zone. The major indices; BSE-Sensex and Nifty-50 settled at 17823.40 and 5333.25 levels down by 2.75% and 3.14% respectively.

Except the BSE FMCG sector, all other major sectoral

indices registered negative growth in the month. The

Real estate sector grossly under-performed with

11.09% negative growth whereas the Mid-cap and

Small-caps were around 7.2% down in February'11.

During the month, 24 out of 30 stocks in Sensex and

38 out of 50 stocks posted negative returns. The

ADAG stocks like Reliance Communication (down by

around 30%), Reliance Infrastructure(down by around

12%) due the CBI questioning to the group Chairman

Anil Ambani as a part of its probe into the 2G spectrum

scam. Similarly in Auto segment, Hero Honda and

M&M were down more than 10% and in Metal sector,

the Hindalco and Sterlite registered a negative returns

of around 12%.

The FIIs continued to be sellers for the second

consecutive month of 2011. They sold around equity

worth `4585.50 crore during February. The total

outflow since the beginning of the year 2011 has been

to the tune of `9398.60 crore. The domestic mutual

funds turned out to be the buyers to the extent of

`1121.10 crore till 25th February'11.

The Union Budget, declared on 28th February'11 was

greeted by a optimistic rally where the Sensex rose as

much as 595 points on no negative surprises in the

Budget. The entry of foreign national in Mutual Fund

industry, fiscal discipline, no increase in the excise

duties led the market rally. However, once the initial

euphoria is over, the Sensex closed at 17823.40 (up by

122.49 points) and Nifty at 5333.25 (up by 29.70

points) on the Budget day.

Outlook:

There are no major negatives left on the domestic

front. The budget declared did not have any negative

surprises and was focused mainly on rising inflation

and inclusive growth. The fiscal deficit as % to GDP

revised for 2010-11 to 5.1% from 5.5% and is

estimated to 4.6% 2011-12. The Equity market now is

cognizant towards the global cues and seem to be

cautiously moving upward. The corporate results also

might not be far away from the expectations. The

Elections in April and May will be another factor that

will decide the course of action for the equity market.

However, the growth expectations of 9-9.25% for

2011-12, increasing infrastructure spending, robust

government revenue collection gives a long term

positive outlook of Indian economy. Hence, inspite of

the range bound market in near future, the long term

outlook seem to be optimistic.


LICMF EQUITY FUNDAn Open-ended Equity Scheme

LICMF OPPORTUNITIES FUNDAn Open-ended Growth Scheme

Average AUM Rs. 43.18 Cr(for February 2011)








Last 1 yearLast 3 year -5.34%Since Inception 10.25%Benchmark (BSE-200) Return Last 1 year 5.48%

7.31%ANNUALISED RETURNS


DIVIDEND HISTORYMonth Dividend (Rs./Unit)Feb-06 2.00Oct-06 2.50Nov-07 3.00


EquityR I L 8.21INFOSYS TECHNOLOGIES 7.10I C I C I BANK 5.95S B I 4.98HOUSING DEVELOPMENT FINANCE CORPN 4.46TATA STEEL 4.30L & T 3.58H D F C BANK 3.51B H E L 3.48I T C 2.80TATA CONSULTANCY SERVICES 2.63O N G C 2.56TATA MOTORS 2.56HINDALCO 2.37BHARTI AIRTEL 2.35M & M 2.25INDIAN HOTELS 2.09G A I L 2.02N M D C 1.87M U L 1.82DR REDDYS LABORATORIES 1.65STERLITE INDUSTRIES 1.64SESA GOA 1.61S A I L 1.61POWER GRID CORPORATION OF INDIA 1.40JINDAL STEEL & POWER 1.39WIPRO 1.34I O C L 1.24AXIS BANK 1.15A C C 1.15G A C L 1.05H C L TECHNOLOGIES 1.05RANBAXY LABORATORIES 1.03POWER TRADING CORPORATION 0.96KOTAK MAHINDRA BANK 0.96CIPLA 0.78BHARAT FORGE 0.72B P C L 0.63

An Open-ended Equity Scheme







Equity R I L 9.36INFOSYS TECHNOLOGIES 6.57I C I C I BANK 5.31H D F C BANK 4.29B H E L 4.27HOUSING DEVELOPMENT FINANCE CORPN 4.17I T C 4.05TATA CONSULTANCY SERVICES 3.65L & T 3.59S B I 3.45KOTAK MAHINDRA BANK 3.10O N G C 2.92AXIS BANK 2.68TATA STEEL 2.65M & M 1.95STERLITE INDUSTRIES 1.79RELIANCE INFRASTRUCTURE 1.69HINDALCO 1.69WIPRO 1.66G A I L 1.62BHARTI AIRTEL 1.45SESA GOA 1.43M U L 1.38VOLTAS 1.34TATA MOTORS 1.32CIPLA 1.25S A I L 1.24INDIAN HOTELS 1.21H C L TECHNOLOGIES 1.18HERO HONDA MOTORS 1.12DR REDDYS LABORATORIES 1.10I F C I 1.09JUBILANT ORGANOSYS 1.06I O C L 0.98RANBAXY LABORATORIES 0.95VIDEOCON INDUSTRIES 0.88POWER GRID CORPORATION OF INDIA 0.81N T P C 0.80ANDHRA BANK 0.74N M D C 0.71G A C L 0.71UNION BANK OF INDIA 0.68COAL INDIA LIMITED 0.61PUNJAB NATIONAL BANK 0.58I D B I 0.50SIEMENS 0.45JINDAL STEEL & POWER 0.36BHARAT FORGE 0.36JAIPRAKSH ASSOCIATES 0.34YES BANK 0.28

ANNUALISED RETURNS


Last 1 year 5.92%Last 3 years -3.61%Since Inception 9.09%Benchmark (Sensex) Return Last 1 year 8.44%

DIVIDEND HISTORYMonth Dividend (Rs./Unit)Mar-04 1.20Mar-05 1.00Nov-05 2.00Oct-06 2.50Nov-07 5.00

ANDHRA BANK 0.61INDIA CEMENTS 0.53PUNJAB NATIONAL BANK 0.50BANK OF BARODA 0.41JUBILANT ORGANOSYS 0.35ALLAHABAD BANK 0.23JAIPRAKSH ASSOCIATES 0.09

Total - Equity 94.96Debt 0.00Total - Debt 0.00Bank DepositsCash 'n' Call, Current Assets & Receivables 5.04

TATA POWER 0.25H P C L 0.24CHAMBAL FERTILISERS & CHEMICALS 0.18B P C L 0.18ULTRA TECH CEMCO 0.15GUJRAT NRE COKE 0.08IRB INFRASTRUCTURE DEVELOPERS 0.05N H P C 0.04MOIL LTD 0.03NDTV 0.03DLF 0.02JUBILANT ORGANOSY 0.00Total - Equity 98.62Debt Total Debt Bank DepositsCash 'n' Call, Current Assets & Receivables 1.38

Money Mkt.1.38%

Equity98.62%

LICMF LIQUID FUNDAn Open-ended Liquid Scheme


Bonds / DebenturesJSW STEEL PR1+ 3.91

Commercial Paper KEC INTERNATIONAL P1 0.87

Certificate Of DepositPUNJAB NATIONAL BANK PR1+ 11.38ALLAHABAD BANK A1+ 9.12VIJAYA BANK PR1+ 8.07CENTRAL BANK OF INDIA PR1+ 8.03UCO BANK P1+ 6.46SYNDICATE BANK PR1+ 5.31INDIAN OVERSEAS BANK A1+ 5.01BANK OF MAHARASHTRA P1+ 4.80ANDHRA BANK PR1+ 3.82I D B I P1+ 3.74S B I P1+ 3.24UNION BANK OF INDIA P1+ 2.60UNION BANK OF INDIA PR1+ 2.57DENA BANK P1+ 1.94ORIENTAL BANK OF COMMERCE P1+ 1.77CANARA BANK P1+ 1.48INDIAN BANK F1+ 0.57

Bank Deposits Cash 'n' Call, Current Assets & Receivables 15.32






Avg. Maturity (in month) : 1.52

Avg. Duration (in month) : 1.44

Last 1 yearLast 3 year 6.82%Since Inception (18.03.2002) 6.65%Benchmark (C) Fund ~LX) Return (Last 1 year) 5.84

5.97%

%

ANNUALISED RETURNS


GROSS DIVIDEND HISTORY (RS./UNIT)

May-05 0.04240000Jun-05 0.04089337Jul-05 0.04210000Aug-05 0.04250000Sep-05 0.04100000Oct-05 0.04455476Nov-05 0.04749685Dec-05 0.04943670Jan-06 0.05202764Feb-06 0.04836850Mar-06 0.07196284Apr-06 0.05065708May-06 0.05328228Jun-06 0.05243226Jul-06 0.05969500Aug-06 0.06310000Sep-06 0.06340000Oct-06 0.06860000Nov-06 0.06750000Dec-06 0.06280627Jan-07 0.07300000Feb-07 0.06420000Mar-07 0.07660000Apr-07 0.07970000May-07 0.07980000Jun-07 0.06120000Jul-07 0.05370000Aug-07 0.06730000Sep-07 0.06430000Oct-07 0.06980000Nov-07 0.07360000Dec-07 0.07930000Jan-08 0.07750000Feb-08 0.07470000Mar-08 0.07973000

Apr-08 0.07280000May-08 0.07830000Jun-08 0.08110000Jul-08 0.08440000Aug-08 0.08610000Sep-08 0.08700000Oct-08 0.09810000Nov-08 0.08640000Dec-08 0.08750000Jan-09 0.07920000Feb-09 0.08620000Mar-09 0.06830000Apr-09 0.05280000May-09 0.04973000Jun-09 0.04820000Jul-09 0.04720000Aug-09 0.04590000Sep-09 0.04220000Oct-09 0.04770000Nov-09 0.04260000Dec-09 0.04340000Jan-10 0.03840000Feb-10 0.03170000Mar-10 0.03867927Apr-10 0.03570000May-10 0.04190000Jun-10 0.04910000Jul-10 0.05140000Aug-10 0.04900000Sep-10 0.05320000Oct-10 0.06140000Nov-10 0.06270000Dec-10 0.06420000Jan-11 0.06550000Feb-11 0.06660000

Month Gross DividendMonth Gross Dividend

RATINGS OF LICMF LIQUID FUND

Rating: Credit Risk Rating mfA1+ by ICRA AAAmmf(ind) by Fitch

ICRA reserves the right to suspend, withdraw or revise the above rating at any time on the basis of new information or unavailability of information of such circumstances, which ICRA believes, may have an impact on the aforesaid rating assigned.

All Fitch Credit Ratings are subject to certain Limitations and Disclaimers. Please read these Limitations and Disclaimers by following this link: http://fitchratings.com/understandingcreditratings

AAA, AA+, P1+ or Equivalent83.81%

Money Market &Other

15.32%

P1, , A+Equivalent

0.87%

AA-- or

TAXES

Standard rate of excise duty held at 10 percent; no change in CENVAT rates. The customs and excise proposals will result in net revenue gain of ̀ 73 billion.

Revision in the Income-tax rates and age limits of Sr. citizens.

To reduce surcharge on domestic companies to 5 percent from 7.5 percent

To raise minimum alternate tax to 18.5 percent from 18 percent

Direct tax proposals to cause 115 billion rupees in revenue loss whereas the indirect tad proposals will lead to net gain of ̀ 113 billion.

Service tax rate kept at 10% with few new services are brought under preview will lead to net revenue gain of ̀ 4000 crore.

OTHERS

Subsidy bill in 2011-12 seen at ̀ 1.44 trillion

To introduce Public Debt Management Bill in Fy12

GST - In June 2011, pilot portal along with 11 states to be rolled out

DTC will be introduced in 2012

Govt. will move towards direct subsidy for Below Poverty Line by April 2012 (LPG, Kerosene and Fertiliser)

FIIs limit on Corp Bonds raised to USD 40 Bn

FIIs and Foreign Individuals allowed to apply to Mfs

Sum of ̀ 6000 cr for re-capitalization of PSU Banks.

Housing Loan interest rate subvention of 100 bps and Priority sector increased to `25 lakhs.

Infrastructure spending allocation ̀ 214,000 crore up by 23.3% for 2011-12.

v

v

v

v

v

v

v

v

v

v

v

v

v

v

v

v

ECONOMYv Economy is estimated to have grown at 8.6% in 2010-11 and is expected to grow at

9-9.25% in 2011-12.Though inflation remains a major concern, the majors taken from time to time is showing effects of decreasing trend. The total food inflation declined from 20.4% in February, 2010, to less than half, at 10.39% for the week ended February 14.

DISINVESTMENT Disinvestment in 2011-12 seen at ̀ 400 billionGovernment committed to retaining 51 percent stake in public sector enterprises.

BORROWING Net market borrowing for 2011-12 seen at `3.43 trillion, down from `3.45 trillion in 2010-11 Gross market borrowing for 2011-12 seen at ̀ 4.17 trillion Revised gross market borrowing for 2010-11 at ̀ 4.47 trillion

UNION BUDGET 2011-2012 AT A GLANCE

(Rs. In Crore) 2010-2011 2011-12Budget Revised % Chg. Budget % Chg.*

Revenue Receipts 682,212 783,833 14.9% 789,892 15.8%Net Tax receipts 534,094 563,685 5.5% 664,457 24.4%Non-tax receipts 148,118 220,148 48.6% 125,435 -15.3%Non-Debt Receipts 45,129 31,745 -29.7% 55,020 21.9%Total Expenditure 1,108,749 1,216,576 9.7% 1,257,729 13.4%Non-plan Expenditure 735,657 821,552 11.7% 816,182 10.9%Plan Expenditure 373,092 395,024 5.9% 441,547 18.3%Revenue Deficit 276,512 269,844 -2.4% 307,270 11.1%As % of GDP 4 3.4 3.4 Fiscal Deficit 381,408 400,998 5.1% 412,817 8.2%As % of GDP 5.5 5.1 4.6

* %chg. Over last year's budgeted figures (Sourse: DNA Money, company)

v

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Union Budget 2011-2012 Highlights





Bonds / DebenturesS A I L AAA(SO) 0.16JSW STEEL PR1+ 14.62JSW ENERGY PR1+ 3.20

Commercial PaperINDIABULLS FINANCIAL SERVICES P1+ 13.04JAIPRAKASH ASSOCIATES P1 11.43RELIGARE FINVEST P1+ 5.72KEC INTERNATIONAL P1 3.73CHOLAMANDALAM DBS FINANCE P1+ 3.45BOMBAY RAYON FASHIONS P1 3.21ABG SHIPYARD P1+ 3.13PATEL ENGINEERING P1+ 2.81H C C P1+ 1.66TANTIA CONSTRUCTIONS P1 1.58TELEVISION EIGHTEEN P1+ 0.96RELIANCE CAPITAL P1+ 0.00Certificate of DepositsUCO BANK P1+ 3.24CENTRAL BANK OF INDIA PR1+ 2.69VIJAYA BANK PR1+ 1.71ORIENTAL BANK OF COMMERCE P1+ 1.71ALLAHABAD BANK A1+ 1.62CANARA BANK P1+ 1.60I D B I P1+ 0.02


EquityR I L 9.11B H E L 6.71L & T 5.83TATA STEEL 5.76O N G C 5.35INFOSYS TECHNOLOGIES 4.90G A I L 4.54S B I 3.72HOUSING DEVELOPMENT FINANCE CORPN 3.51M & M 3.32STERLITE INDUSTRIES 3.08TATA POWER 3.00TATA MOTORS 2.86AXIS BANK 2.72BANK OF BARODA 2.58TATA CONSULTANCY SERVICES 2.55H D F C BANK 2.53H C L TECHNOLOGIES 2.19IDFC 2.15WIPRO 2.06LUPIN 2.01CAIRN INDIA 1.92RANBAXY LABORATORIES 1.88H P C L 1.81SUN PHARMACEUTICALS 1.79



NAV (Rs.) as on 28/02/2011

Daily Dividend : 10.0000 Weekly Dividend : 10.0149Monthly Dividend : 10.0575 Growth : 13.0326

LICMF INCOME PLUS FUNDAn Open-ended Debt Scheme

Jun-09 0.05200000 0.05690000 0.05220000

Jul-09 0.05070000 0.04670000 0.05070000

Aug-09 0.04070000 0.04650000 0.04090000

Sep-09 0.04230000 0.04020000 0.04250000

Oct-09 0.03850000 0.03500000 0.03850000

Nov-09 0.04010000 0.03670000 0.04010000

Dec-09 0.04160000 0.03880000 0.04160000

Jan-10 0.03810000 0.03840000 0.03820000

Feb-10 0.03610000 0.03340000 0.03610000

Mar-10 0.04810000 0.04860000 0.04810000

Apr-10 0.04070000 0.03990000 0.04070000

May-10 0.04320000 0.04870000 0.04320000

Jun-10 0.04310000 0.04050000 0.04310000

Jul-10 0.04490000 0.04170000 0.04430000

Aug-10 0.04770000 0.05180000 0.04790000

Sep-10 0.04590000 0.04260000 0.04600000

Oct-10 0.04240000 0.04060000 0.04250000

Nov-10 0.05140000 0.05660000 0.05130000

Dec-10 0.05160000 0.04370000 0.05130000

Jan-11 0.05800000 0.06740000 0.05830000

Feb-11 0.05600000 0.05810000 0.05750000

Month Daily Weekly Monthly

Last 1 year 5.88%

Last 3 years 7.01%


Benchmark (C Fund ~ LX) Return - last 1 year 5.84%

ANNUALISED RETURNS


GROSS DIVIDEND DECLARED (RS./UNIT)

Avg. Maturity (in months) : 1.77Avg. Duration (in months) : 1.68

LICMF BOND FUNDAn Open-ended Debt Scheme

PORTFOLIO (as on 28 )/02/2011




DIVIDEND HISTORY

Last 1 year 5.27%Last 3 years 8.11%Since inception (09.05.1999) 8.69%

Benchmark (C CompBex) Return (Last 1 year) 4.91%

ANNUALISED RETURNS

PORTFOLIO RATING ANALYSIS

Month Gross Div. (Rs./Unit) Month Gross Div. (Rs./Unit)


DEBT

I R F C AAA 13.69

I O C L AA+ 11.18

H U D C O AA 6.56

S A I L AAA(SO) 0.07

I C I C I BANK AAA 13.07

PUNJ LLOYD AA 15.71

JET AIRWAYS (JUS TRUST) AAA 2.79

SHRIRAM TRANSPORT FINANCE AA 0.13

R E C AAA 15.25

MAGMA FINCORP AA- 13.08

ANDHRA BANK AAA(SO) 0.54

Certificate of Deposit

COMMERCIAL PAPER/ BANK DEPOSIT



LICMF G-SEC FUNDAn Open-ended Gilt Scheme


DebtI O C L AA+ 6.13NATIONAL HOUDING BANK AAA 13.71

Securitised DebtGSEC 8.08% 02/08/2022. (SGF F.V.RS.5.00 CR) Sovereign 10.05GSEC 7.80% 03/05/2020 Sovereign 4.97GSEC 8.13% 21/09/2022 Sovereign 5.05

Certificate Of DepositALLAHABAD BANK A1+ 14.47UCO BANK P1+ 14.46BANK OF MAHARASHTRA P1+ 14.46SYNDICATE BANK PR1+ 13.12




Last 1 year

Last 3 years 3.92%

Since inception (29.11.1999) 7.49%

Benchmark (I Sec Composite Gilt) Return

Last 1 year 6.01%

3.76%

ANNUALISED RETURNS


NAV (Rs.) as on 28/02/2011Reg.: 10.5290 Reg.Gr.: 22.6304;

PF-Div. 12.4780; PF-Gr. : 13.0486

Securities Rating % to Net Assets DIVIDEND HISTORY


Mar-01 0.35

Jul-01 0.30

Nov-01 0.35

Mar-02 0.70

Jul-02 0.30

Oct-02 0.35

Jan-03 0.40

Apr-03 0.40

Jun-03 0.35

Sep-03 0.35

Dec-03 0.30

Mar-04 0.30

Jun-04 0.0075

Sep-04 0.05

Mar-09 0.20

Jul-09 0.20

Oct-09 0.20

Jan-10 0.01

Jan-10 (PF Option) 0.50

Mar-10 (PF Option) 0.05



Jul-01 0.4Nov-01 0.35Mar-02 0.35Jul-02 0.3Oct-02 0.3Jan-03 0.3Jun-03 0.225Sep-03 0.225Dec-03 0.2Mar-04 0.15Jun-04 0.1Sep-04 0.05Dec-04 0.1Mar-05 0.15Jul-05 0.15Oct-05 0.1Jan-06 0.1Mar-06 0.1

Jul-06 0.2Oct-06 0.4Jan-07 0.1Mar-07 0.1Jul-07 0.25Oct-07 0.25Jan-08 0.2Mar-08 0.15Jul-08 0.15Oct-08 0.15Jan-09 0.2Mar-09 0.25Jul-09 0.2Oct-09 0.2Jan-10 0.2Mar-10 0.05Jul-10 0.05Oct-10 0.05

Avg. Maturity (in years) : 2.55

Avg. Duration (in years) : 2.30




Money Market & Other18.72%

P1, , A+Equivalent 19.94%

AA-- or

H L L 1.74SIEMENS 1.49POWER FINANCE CORPORATION 1.32I D B I 1.21CIPLA 0.95BHARAT FORGE 0.83UNION BANK OF INDIA 0.82I C I C I BANK 0.69JINDAL STEEL & POWER 0.64RELIANCE INFRASTRUCTURE 0.55HINDALCO 0.54MUNDRA PORT & SEZ 0.52S A I L 0.46SESA GOA 0.37BIOCON 0.36INDIAN HOTELS 0.15ZEE TELEFILMS 0.00Total - Equity 100.52Debt 0.00TOTAL - DEBT 0.00Bank Deposits Cash 'n' Call, Current Assets & Receivables -0.52

AA, AA-, A, PR1+(SO) & Others35.48%

AAA44.80%

AA11.18%

+

Money Market7.93%

AAA (SO) 0.61%

LICMF TOP 100An Open ended Equity Fund.


RATINGS OFLICMF INCOME PLUS FUND

Rating: Credit Risk Rating mfA1 by ICRAAA+(ind) by Fitch



Holdings % to Net Assets Holdings % to Net Assets


Average AUM (for February 2011) Rs. 291.37 CrNAV (Rs.) as on 28/02/2011: Dividend: 7.7300; Growth: 7.7302


Last 1 year 0.34%Last 3 years -5.67%Since Inception -7.86%Benchmark (CNX 100) Return - Last 1 year 7.51%


ANNUALISED RETURNS


LICMF SAVINGS PLUS FUND(An open-ended income scheme)


Debt Instruments JSW STEEL PR1+ 14.83

Commercial PapersJAIPRAKASH ASSOCIATES P1 14.30RELIANCE CONSUMER FINANCE P1+ 11.66CHOLAMANDALAM DBS FINANCE P1+ 10.62INDIABULLS FINANCIAL SERVICES P1+ 9.02MAGMA FINCORP P1+ 5.82H C C P1+ 2.55RELIGARE FINVEST P1+ 0.09PATEL ENGINEERING P1+ 0.02ABG SHIPYARD P1+ 0.01

Certificate of DepositAXIS BANK P1+ 1.19




Last 1 yearLast 3 years 6.56%Since Inception 5.77%

Benchmark (C Fund ~LX) Return 5.84%

5.95%

ANNUALISED RETURNS



DIVIDEND DECLARED (Dividend Option)

Jul-06 0.05000000Aug-06 0.05000000Sep-06 0.05000000Oct-06 0.05000000Nov-06 0.05000000Dec-06 0.03000000Jan-07 0.07000000Feb-07 0.04000000Mar-07 0.08000000Apr-07 NilMay-07 NilJun-07 0.02000000Jul-07 0.02000000Aug-07 0.04000000Sep-07 0.05000000Oct-07 0.09000000Nov-07 0.07520000Dec-07 0.09680000Jan-08 0.09670000Feb-08 0.10240000Mar-08 0.07810000Apr-08 0.06460000May-08 0.06340000Jun-08 0.03380000Jul-08 0.01930000Aug-08 0.07390000Sep-08 0.07160000Oct-08 0.04880000

Month Gross Div. (Rs./Unit)Monthly Weekly Daily


Nov-08 0.06650000Dec-08 0.01030000Jan-09 0.55670000 0.07490000 0.07300000Feb-09 0.06320000 0.06500000 0.06250000Mar-09 0.06970000 0.07310000 0.06940000Apr-09 0.04850000 0.04760000 0.04830000May-09 0.05310000 0.04890000 0.05220000Jun-09 0.05670000 0.06180000 0.05670000Jul-09 0.05060000 0.04640000 0.05050000Aug-09 0.04150000 0.04740000 0.04140000Sep-09 0.04180000 0.04000000 0.04180000Oct-09 0.04180000 0.03780000 0.04170000Nov-09 0.04160000 0.04700000 0.04140000Dec-09 0.04120000 0.03810000 0.04120000Jan-10 0.03780000 0.03810000 0.03760000Feb-10 0.03630000 0.03360000 0.03630000Mar-10 0.04880000 0.05020000 0.04870000Apr-10 0.04150000 0.03980000 0.04140000May-10 0.04330000 0.04870000 0.04330000Jun-10 0.04150000 0.03890000 0.04510000Jul-10 0.04470000 0.04120000 0.04470000Aug-10 0.04820000 0.05250000 0.04800000Sep-10 0.04570000 0.04180000 0.04570000Oct-10 0.03970000 0.04120000 0.04100000Nov-10 0.04620000 0.05100000 0.04660000Dec-10 0.06500000 0.05010000 0.06520000Jan-11 0.05620000 0.07090000 0.05490000Feb-11 0.05890000 0.05830000 0.05880000




NAV (Rs.) as on 28/02/2011: Daily Dividend : 10.0000;Monthly Dividend: 10.0589; Weekly Dividend: 10.0143; Growth: 15.4369

LICMF CHILDREN’S FUNDAn Open-ended Balanced Scheme for Children



NAV (Rs.) as on 28/02/2011 : 9.9097

Last 1 year -3.27

Last 3 years -16.65%

Since inception (12/11/2001) -0.10%

Benchmark ) Return Last 1 year 7.12(C BalanceEx %

ANNUALISED RETURNS


Expense Ratio (as on 28/02/2011) : 2.25%PORTFOLIO (as on 28/02/2011)

EquityR I L 8.85M & M 5.63TATA STEEL 4.45S A I L 4.20H D F C BANK 3.76HINDALCO 3.68VOLTAS 3.02TATA MOTORS 2.98INDIAN HOTELS 2.89JINDAL STEEL & POWER 2.42AXIS BANK 2.25SESA GOA 1.92B H E L 1.84I F C I 1.83STERLITE INDUSTRIES 1.50HERO HONDA MOTORS 1.34CHAMBAL FERTILISERS & CHEMICALS 1.24MUNDRA PORT & SEZ 1.02DENA BANK 0.87G A C L 0.87GUJRAT NRE COKE 0.72L & T 0.56TATA CONSULTANCY SERVICES 0.41ALLAHABAD BANK 0.36TATA TEA 0.33ANDHRA BANK 0.25B P C L 0.12Total Equity 59.31DebtPUNJ LLOYD AA 17.03SHRIRAM TRANSPORT FINANCE AA 16.75Total Debt 33.78Commercial Paper/ Bank Deposits Cash 'n' Call, Current Assets & Receivables 6.91


Money Mkt.6.91%

Debt 33.78%

. Equity59.31%

LICMF FLOATER MIPAn Open-ended income Scheme


EquityB H E L 1.68H D F C BANK 1.60M & M 1.47L & T 1.43R I L 1.16H P C L 1.15TATA STEEL 1.09TATA CONSULTANCY SERVICES 0.80BANK OF BARODA 0.78SIEMENS 0.76CIPLA 0.75IDFC 0.61HINDALCO 0.54H C L TECHNOLOGIES 0.53BIOCON 0.51S B I 0.47RANBAXY LABORATORIES 0.45SESA GOA 0.39CANARA BANK 0.37INDIAN HOTELS 0.24CAIRN INDIA 0.20JUBILANT ORGANOSYS 0.20POWER TRADING CORPORATION 0.19JUBILANT ORGANOSY 0.01Bond/DebentureI R F C AAA 8.47MUNDRA PORT & SEZ AA 2.86RELIANCE CAPITAL AAA 1.75DECCAN CHRONICLE AA 12.16SHRIRAM TRANSPORT FINANCE AA 10.68PUNJ LLOYD AA 9.23DEWAN HOUSING FINANCE AA+ 11.99MAGMA FINCORP AA- 5.93RELIANCE CAPITAL AAA 6.54Commercial paper 0.00Certificate of Deposit 0.00CANARA BANK P1+ 7.36Cash 'n' Call, Current Assets & Receivables 5.66



DIVIDEND HISTORY

ANNUALISED RETURNS


NAV (Rs.) as on 28/02/2011

Monthly Income : 9.7997; Yearly Income : 10.6473;

;Quarterly : 10.1270 Growth : 17.8729



Avg. Maturity (in ) : 26.85


month

Last 1 year 5.74%Last 3 years 6.15%Since Inception 9.55%Benchmark (C MiPex) Return - last 1 year 5.53%

Sep-06 Quarterly 0.2600Oct-06 Monthly 0.1000)Nov-06 Monthly 0.1300Dec-06 Monthly 0.1500Dec-06 Quarterly 0.3800Jan-07 Monthly 0.1400Feb-07 Monthly NilMar-07 Monthly NilMar-07 Quarterly 0.2000Mar-07 Yearly 0.9000Apr-07 Monthly 0.1000May-07 Monthly 0.1000Jun-07 Monthly 0.1500Jun-07 Quarterly 0.2500Jul-07 Monthly 0.1000Aug-07 Monthly 0.1000Sep-07 Monthly 0.1000Sep-07 Quarterly 0.3000Oct-07 Monthly 0.1500Nov-07 Monthly 0.2000Dec-07 Monthly 0.2000Dec-07 Quarterly 0.5000Jan-08 Monthly 0.1000Feb-08 Monthly 0.1500

Mar-08 Monthly 0.0000Mar-08 Quarterly 0.3500Mar-08 Yearly 1.6000Apr-08 Monthly 0.0000May-08 Monthly 0.0000Jun-08 Monthly 0.0000Jun-08 Quarterly 0.0000Jul-08 Monthly 0.0000Aug-08 Monthly 0.0000Sep-08 Monthly 0.0700Sep-08 Quarterly 0.2000Oct-08 Monthly 0.0000Nov-08 Monthly 0.0000Dec-08 Monthly 0.0000Jan-09 Monthly 0.0000Feb-09 Monthly 0.0000Mar-09 Monthly 0.0000Apr-09 Monthly 0.0700Apr-09 Quarterly 0.1000Apr-09 Yearly 0.1600May-09 Monthly 0.1000May-09 Monthly 0.1000May-09 Monthly 0.1500May-09 Quarterly 0.2000

Money Mkt.13.02%

Money Mkt.0.13%

Debt 69.59%

.

Equity17.39%

Equity99.87%

Jun-09 Monthly 0.1000Jun-09 Quarterly 0.2200Jul-09 Monthly 0.1200Aug-09 Monthly 0.1200Sep-09 Monthly 0.1200Oct-09 Quarterly 0.3600Oct-09 Monthly 0.1200Nov-09 Monthly 0.1200Dec-09 Quarterly 0.3000Dec-09 Monthly 0.1200Jan-10 Monthly 0.1200Mar-10 Monthly 0.1000Mar-10 Quarterly 0.2000Mar-10 Yearly 1.5000Apr-10 Monthly 0.1000May-10 Monthly 0.1000Jun-10 Monthly 0.1000Jun-10 Quarterly 0.2000Jul-10 Monthly 0.0900Aug-10 Monthly 0.0900Sep-10 Monthly 0.0900Sep-10 Quarterly 0.2500Oct-10 Monthly 0.1000Nov-10 Monthly 0.1000


LICMF INFRASTRUCTURE FUNDA 36 months Close ended Equity Fund with an automatic conversion into

an Open ended scheme on expiry of 36 months from the date of allotment (24/03/2008).





EquityR I L 10.21L & T 7.98B H E L 6.74HOUSING DEVELOPMENT FINANCE CORPN 6.18I C I C I BANK 6.02S B I 4.56G A I L 4.23O N G C 3.81TATA STEEL 3.76JINDAL STEEL & POWER 3.44H D F C BANK 3.08STERLITE INDUSTRIES 3.08M & M 2.69BHARTI AIRTEL 2.29S A I L 2.24INDIAN HOTELS 2.06IDEA CELLULAR 1.99TATA MOTORS 1.98INDIA CEMENTS 1.78I D B I 1.56HINDALCO 1.52A C C 1.50M U L 1.36KOTAK MAHINDRA BANK 1.25HERO HONDA MOTORS 1.13JUBILANT ORGANOSYS 1.07UNION BANK OF INDIA 1.02VOLTAS 0.99SESA GOA 0.98



Holdings Mkt. Value (Rs. Lakhs)


Last 1 yearSince Inception -5.31%Benchmark (BSE 100) Return - Last 1 year 5.69%

-4.11%

ANNUALISED RETURNS

BHARAT FORGE 0.94I O C L 0.85H P C L 0.78N M D C 0.77G A C L 0.77TATA POWER 0.68IRB INFRASTRUCTURE DEVELOPERS 0.66POWER GRID CORPORATION OF INDIA 0.64ANDHRA BANK 0.62B P C L 0.58IDFC 0.49GUJRAT NRE COKE 0.43NEYVELI LIGNITE CORPORATION 0.34IVRCL INFRASTRUCTURES & PROJECTS 0.29JSW STEEL 0.28JAIPRAKSH ASSOCIATES 0.21GAMMON 0.03Total - Equity 99.87Debt 0.00TOTAL - DEBT 0.00Bank Deposits 0.00Cash 'n' Call, Current Assets & Receivables 0.13

Month Frequency Gross Div.(Rs/Unit)






AA-- or


LICMF FLOATING RATE FUND - STPAn Open-ended Income Fund





Commercial PaperRELIGARE FINVEST P1+ 11.55JAIPRAKASH ASSOCIATES P1 7.69INDIABULLS FINANCIAL SERVICES P1+ 6.31Certificate Of DepositUCO BANK P1+ 3.40






GROSS DIVIDEND DECLARED (Rs. Per Unit)

Last 1 year 5Last 3 year 7.10%Since Inception 6.89%Benchmark (C Fund ~LX) Return

.65%

5.84%


Sep-07 0.07391700Oct-07 0.06845360Nov-07 0.06515360Dec-07 0.06975360Jan-08 0.09361700Feb-08 0.07255360Mar-08 0.09801700Apr-08 0.06945360May-08 0.07005360Jun-08 0.08871700Jul-08 0.07485360Aug-08 0.07655360Sep-08 0.09821700Oct-08 0.08135360

Nov-08 0.08115360Dec-08 0.09231700Jan-09 0.07085360Feb-09 0.06962420Mar-09 0.07181700Apr-09 0.03985360May-09 0.04605360Jun-09 0.05971700Jul-09 0.04655360Aug-09 0.05031700 0.04310000Sep-09 0.04205360 0.04370000Oct-09 0.04145360 0.04470000Nov-09 0.05021700 0.04350000Dec-09 0.04255360 0.04530000

ANNUALISED RETURNS

NAV (Rs.) as on 28/02/2011: Daily Dividend : 10.0000;Weekly Dividend: 10.1609; Growth: 15.9038

Month Weekly DailyMonth Weekly DailyMonth Weekly Daily

LICMF INDIA VISION FUNDAn Open-ended Growth Scheme





EquityL & T 6.94INFOSYS TECHNOLOGIES 6.49R I L 6.08HOUSING DEVELOPMENT FINANCE CORPN 5.62TATA STEEL 5.45B H E L 5.40O N G C 5.07TATA CONSULTANCY SERVICES 5.01M & M 4.97H C L TECHNOLOGIES 4.77RANBAXY LABORATORIES 4.68I C I C I BANK 3.84TATA TEA 3.44HINDALCO 3.43H P C L 3.19POWER TRADING CORPORATION 2.56JUBILANT ORGANOSYS 2.42S B I 2.37I D B I 2.36



YES BANK 2.31SUN PHARMACEUTICALS 2.29IDFC 1.96AXIS BANK 1.76IRB INFRASTRUCTURE DEVELOPERS 1.64SESA GOA 1.42COAL INDIA LIMITED 1.15

Total - Equity 96.62Debt

TOTAL - DEBT 0.00Commercial Paper / Bank Deposits




Last 1 year


Since Inception -4.31%

Benchmark (BSE 200) Return - Last 1 year 5.48%

0.73%

ANNUALISED RETURNS


LICMF SYSTEMATIC ASSET ALLOCATION FUNDAn open-ended Equity Scheme





EquityR I L 10.20TATA STEEL 7.47TATA CONSULTANCY SERVICES 5.47INFOSYS TECHNOLOGIES 5.08A C C 4.79L & T 4.74CIPLA 4.22G A I L 3.92S B I 3.71H D F C BANK 3.64B H E L 3.52M & M 3.46TATA MOTORS 3.20STERLITE INDUSTRIES 2.97HINDALCO 2.83RANBAXY LABORATORIES 2.74HERO HONDA MOTORS 2.68HOUSING DEVELOPMENT FINANCE CORPN 2.66BHARTI AIRTEL 2.57N T P C 2.19JINDAL STEEL & POWER 1.86SESA GOA 1.85IDFC 1.74AXIS BANK 1.73VOLTAS 1.66



TATA POWER 1.46INDIAN HOTELS 1.33NEYVELI LIGNITE CORPORATION 1.01MUNDRA PORT & SEZ 0.98S A I L 0.97G A C L 0.83GUJRAT NRE COKE 0.54DENA BANK 0.40TATA TEA 0.31ALLAHABAD BANK 0.08ANDHRA BANK 0.06

TOTAL - EQUITY 98.89DebtTOTAL - DEBT 0.00Commercial Paper / Bank DepositsCash 'n' Call, Current Assets & Receivables 1.11



Last 1 year

Last 3 years -1.38%

Since Inception -1.05%

Benchmark (C BalanceEx) Return - Last 1 year 7.12%

-3.59%

ANNUALISED RETURNS


LICMF MONTHLY INCOME PLANAn Open-ended Monthly Income Scheme w.e.f. 01/06/2003



Debt RURAL ELECTRIFICATION CORPORATION AAA 8.40MUNDRA PORT & SEZ AA 16.51PUNJ LLOYD AA 10.76SHRIRAM TRANSPORT FINANCE AA 6.47DECCAN CHRONICLE AA 2.63R E C AAA 7.15MAGMA FINCORP AA- 17.10RELIANCE CAPITAL AAA 8.58TOTAL - DEBT 77.61Commercial Paper / Bank DepositsCash 'n' Call, Current Assets & Receivables 3.95

EquityB H E L 2.42R I L 2.34STERLITE INDUSTRIES 2.30WIPRO 1.40RANBAXY LABORATORIES 1.31H P C L 1.24S B I 1.14TATA STEEL 1.05G A I L 0.93JUBILANT ORGANOSYS 0.83M & M 0.80L & T 0.66IRB INFRASTRUCTURE DEVELOPERS 0.52CANARA BANK 0.51COAL INDIA LIMITED 0.41HOUSING DEVELOPMENT FINANCE CORPN 0.27UNION BANK OF INDIA 0.27JUBILANT ORGANOSY 0.05TOTAL - EQUITY 18.44





NAV (Rs.) as on 28/02/2011Monthly Income : Yearly Income :Quarterly : 9.9276; Growth : 32.0898

9.7491; 10.3520;



DIVIDEND DECLARED

May-05 Monthly 0.0550Jun-05 Monthly 0.0700Jun-05 Quarterly 0.1800Jul-05 Monthly 0.0900Aug-05 Monthly 0.0900Sep-05 Monthly 0.1400Sep-05 Quarterly 0.2200Oct-05 Monthly 0.0800Nov-05 Monthly 0.1000Dec-05 Monthly 0.1200Dec-05 Quarterly 0.3000Jan-06 Monthly 0.1500Feb-06 Monthly 0.1500Mar-06 Monthly 0.3000Mar-06 Quarterly 0.7000Mar-06 Yearly 1.4000Apr-06 Monthly 0.1500May-06 Monthly 0.1500Jun-06 Monthly 0.1200Jun-06 Quarterly 0.2000Jul-06 Monthly 0.1200Aug-06 Monthly 0.1200Sep-06 Monthly 0.1400Sep-06 Quarterly 0.4000Oct-06 Monthly 0.1400Nov-06 Monthly 0.1400Dec-06 Monthly 0.1200Dec-06 Quarterly 0.4000Jan-07 Monthly 0.1000

Feb-07 Monthly NilMar-07 Monthly NilMar-07 Quarterly 0.1500Mar-07 Yearly 0.9000Apr-07 Monthly 0.0700May-07 Monthly 0.1000Jun-07 Monthly 0.0800Jun-07 Quarterly 0.2000Jul-07 Monthly 0.1200Aug-07 Monthly 0.1200Sep-07 Monthly 0.1200Sep-07 Quarterly 0.3500 Oct-07 Monthly 0.1800Nov-07 Monthly 0.2000Dec-07 Monthly 0.2000Dec-07 Quarterly 0.5000Jan-08 Monthly 0.2500Feb-08 Monthly 0.0700Mar-08 Monthly 0.0000Mar-08 Quarterly 0.2000Mar-08 Yearly 1.6000Apr-08 Monthly 0.0000May-08 Monthly 0.0000Jun-08 Monthly 0.0000Jul-08 Monthly 0.0000Aug-08 Monthly 0.0000Spet-08 Monthly 0.0000Sep-08 Quarterly 0.1500Oct-08 Monthly 0.0000

Month Frequency GrossDiv.(Rs/Unit)



Nov-08 Monthly 0.0000Dec-08 Monthly 0.0000Jan-09 Monthly 0.0000Feb-09 Monthly 0.0000Mar-09 Monthly 0.0000Apr-09 Monthly 0.0000Apr-09 Yearly 0.1400May-09 Monthly 0.2800May-09 Quarterly 0.2000Jun-09 Monthly 0.1000Jun-09 Quarterly 0.1800Jul-09 Monthly 0.1200Aug-09 Monthly 0.1200Sep-09 Monthly 0.1200Sep-09 Quarterly 0.3600Oct-09 Monthly 0.1200Nov-09 Monthly 0.1200Nov-09 Quarterly 0.3000Dec-09 Monthly 0.1200Mar-10 Monthly 0.0500Mar-10 Quarterly 0.1500Mar-10 Yearly 1.3000Apr-10 Monthly 0.0700May-10 Monthly 0.0800Jun-10 Monthly 0.0500Jun-10 Quarterly 0.1500Jul-10 Monthly 0.0700Sep-10 Monthly 0.1000Sep-10 Quarterly 0.2500

Money Mkt.3.95%

Money Mkt.3.38%

Money Mkt.1.11%

Debt 77.61%

.

Equity18.44%

Equity96.62%

Equity98.89%

Last 1 yearLast 3 years 4.61%Since Inception 9.50%Benchmark (C MiPex) Return (Last 1 year) 5.53%

3.83%

ANNUALISED RETURNS


Jan-10 0.03438397 0.03830000Feb-10 0.03385360 0.03630000Mar-10 0.04981700 0.04860000Apr-10 0.04285300 0.04330000May-10 0.04810000 0.04220000Jun-10 0.03070000 0.04380000Jul-10 0.04330000 0.04590000Aug-10 0.05330000 0.04780000Sep-10 0.04390000 0.04880000Oct-10 0.03800000 0.03520000Nov-10 0.04900000 0.04440000Dec-10 0.04060000 0.04640000Jan-11 0.06200000 0.05390000Feb-11 0.05510000 0.05530000



P1, , A+Equivalent

7.69%

AA-- or


LICMF SAVINGS PLUS FUND(An open-ended income scheme)


Debt Instruments JSW STEEL PR1+ 14.83

Commercial PapersJAIPRAKASH ASSOCIATES P1 14.30RELIANCE CONSUMER FINANCE P1+ 11.66CHOLAMANDALAM DBS FINANCE P1+ 10.62INDIABULLS FINANCIAL SERVICES P1+ 9.02MAGMA FINCORP P1+ 5.82H C C P1+ 2.55RELIGARE FINVEST P1+ 0.09PATEL ENGINEERING P1+ 0.02ABG SHIPYARD P1+ 0.01

Certificate of DepositAXIS BANK P1+ 1.19




Last 1 yearLast 3 years 6.56%Since Inception 5.77%

Benchmark (C Fund ~LX) Return 5.84%

5.95%

ANNUALISED RETURNS



DIVIDEND DECLARED (Dividend Option)

Jul-06 0.05000000Aug-06 0.05000000Sep-06 0.05000000Oct-06 0.05000000Nov-06 0.05000000Dec-06 0.03000000Jan-07 0.07000000Feb-07 0.04000000Mar-07 0.08000000Apr-07 NilMay-07 NilJun-07 0.02000000Jul-07 0.02000000Aug-07 0.04000000Sep-07 0.05000000Oct-07 0.09000000Nov-07 0.07520000Dec-07 0.09680000Jan-08 0.09670000Feb-08 0.10240000Mar-08 0.07810000Apr-08 0.06460000May-08 0.06340000Jun-08 0.03380000Jul-08 0.01930000Aug-08 0.07390000Sep-08 0.07160000Oct-08 0.04880000



Nov-08 0.06650000Dec-08 0.01030000Jan-09 0.55670000 0.07490000 0.07300000Feb-09 0.06320000 0.06500000 0.06250000Mar-09 0.06970000 0.07310000 0.06940000Apr-09 0.04850000 0.04760000 0.04830000May-09 0.05310000 0.04890000 0.05220000Jun-09 0.05670000 0.06180000 0.05670000Jul-09 0.05060000 0.04640000 0.05050000Aug-09 0.04150000 0.04740000 0.04140000Sep-09 0.04180000 0.04000000 0.04180000Oct-09 0.04180000 0.03780000 0.04170000Nov-09 0.04160000 0.04700000 0.04140000Dec-09 0.04120000 0.03810000 0.04120000Jan-10 0.03780000 0.03810000 0.03760000Feb-10 0.03630000 0.03360000 0.03630000Mar-10 0.04880000 0.05020000 0.04870000Apr-10 0.04150000 0.03980000 0.04140000May-10 0.04330000 0.04870000 0.04330000Jun-10 0.04150000 0.03890000 0.04510000Jul-10 0.04470000 0.04120000 0.04470000Aug-10 0.04820000 0.05250000 0.04800000Sep-10 0.04570000 0.04180000 0.04570000Oct-10 0.03970000 0.04120000 0.04100000Nov-10 0.04620000 0.05100000 0.04660000Dec-10 0.06500000 0.05010000 0.06520000Jan-11 0.05620000 0.07090000 0.05490000Feb-11 0.05890000 0.05830000 0.05880000




NAV (Rs.) as on 28/02/2011: Daily Dividend : 10.0000;Monthly Dividend: 10.0589; Weekly Dividend: 10.0143; Growth: 15.4369

LICMF CHILDREN’S FUNDAn Open-ended Balanced Scheme for Children



NAV (Rs.) as on 28/02/2011 : 9.9097

Last 1 year -3.27


Since inception (12/11/2001) -0.10%

Benchmark ) Return Last 1 year 7.12(C BalanceEx %

ANNUALISED RETURNS


Expense Ratio (as on 28/02/2011) : 2.25%PORTFOLIO (as on 28/02/2011)

EquityR I L 8.85M & M 5.63TATA STEEL 4.45S A I L 4.20H D F C BANK 3.76HINDALCO 3.68VOLTAS 3.02TATA MOTORS 2.98INDIAN HOTELS 2.89JINDAL STEEL & POWER 2.42AXIS BANK 2.25SESA GOA 1.92B H E L 1.84I F C I 1.83STERLITE INDUSTRIES 1.50HERO HONDA MOTORS 1.34CHAMBAL FERTILISERS & CHEMICALS 1.24MUNDRA PORT & SEZ 1.02DENA BANK 0.87G A C L 0.87GUJRAT NRE COKE 0.72L & T 0.56TATA CONSULTANCY SERVICES 0.41ALLAHABAD BANK 0.36TATA TEA 0.33ANDHRA BANK 0.25B P C L 0.12Total Equity 59.31DebtPUNJ LLOYD AA 17.03SHRIRAM TRANSPORT FINANCE AA 16.75Total Debt 33.78Commercial Paper/ Bank Deposits Cash 'n' Call, Current Assets & Receivables 6.91


Money Mkt.6.91%

Debt 33.78%

. Equity59.31%

LICMF FLOATER MIPAn Open-ended income Scheme


EquityB H E L 1.68H D F C BANK 1.60M & M 1.47L & T 1.43R I L 1.16H P C L 1.15TATA STEEL 1.09TATA CONSULTANCY SERVICES 0.80BANK OF BARODA 0.78SIEMENS 0.76CIPLA 0.75IDFC 0.61HINDALCO 0.54H C L TECHNOLOGIES 0.53BIOCON 0.51S B I 0.47RANBAXY LABORATORIES 0.45SESA GOA 0.39CANARA BANK 0.37INDIAN HOTELS 0.24CAIRN INDIA 0.20JUBILANT ORGANOSYS 0.20POWER TRADING CORPORATION 0.19JUBILANT ORGANOSY 0.01Bond/DebentureI R F C AAA 8.47MUNDRA PORT & SEZ AA 2.86RELIANCE CAPITAL AAA 1.75DECCAN CHRONICLE AA 12.16SHRIRAM TRANSPORT FINANCE AA 10.68PUNJ LLOYD AA 9.23DEWAN HOUSING FINANCE AA+ 11.99MAGMA FINCORP AA- 5.93RELIANCE CAPITAL AAA 6.54Commercial paper 0.00Certificate of Deposit 0.00CANARA BANK P1+ 7.36Cash 'n' Call, Current Assets & Receivables 5.66



DIVIDEND HISTORY

ANNUALISED RETURNS


NAV (Rs.) as on 28/02/2011

Monthly Income : 9.7997; Yearly Income : 10.6473;

;Quarterly : 10.1270 Growth : 17.8729



Avg. Maturity (in ) : 26.85


month

Last 1 year 5.74%Last 3 years 6.15%Since Inception 9.55%Benchmark (C MiPex) Return - last 1 year 5.53%

Sep-06 Quarterly 0.2600Oct-06 Monthly 0.1000)Nov-06 Monthly 0.1300Dec-06 Monthly 0.1500Dec-06 Quarterly 0.3800Jan-07 Monthly 0.1400Feb-07 Monthly NilMar-07 Monthly NilMar-07 Quarterly 0.2000Mar-07 Yearly 0.9000Apr-07 Monthly 0.1000May-07 Monthly 0.1000Jun-07 Monthly 0.1500Jun-07 Quarterly 0.2500Jul-07 Monthly 0.1000Aug-07 Monthly 0.1000Sep-07 Monthly 0.1000Sep-07 Quarterly 0.3000Oct-07 Monthly 0.1500Nov-07 Monthly 0.2000Dec-07 Monthly 0.2000Dec-07 Quarterly 0.5000Jan-08 Monthly 0.1000Feb-08 Monthly 0.1500

Mar-08 Monthly 0.0000Mar-08 Quarterly 0.3500Mar-08 Yearly 1.6000Apr-08 Monthly 0.0000May-08 Monthly 0.0000Jun-08 Monthly 0.0000Jun-08 Quarterly 0.0000Jul-08 Monthly 0.0000Aug-08 Monthly 0.0000Sep-08 Monthly 0.0700Sep-08 Quarterly 0.2000Oct-08 Monthly 0.0000Nov-08 Monthly 0.0000Dec-08 Monthly 0.0000Jan-09 Monthly 0.0000Feb-09 Monthly 0.0000Mar-09 Monthly 0.0000Apr-09 Monthly 0.0700Apr-09 Quarterly 0.1000Apr-09 Yearly 0.1600May-09 Monthly 0.1000May-09 Monthly 0.1000May-09 Monthly 0.1500May-09 Quarterly 0.2000

Money Mkt.13.02%

Money Mkt.0.13%

Debt 69.59%

.

Equity17.39%

Equity99.87%

Jun-09 Monthly 0.1000Jun-09 Quarterly 0.2200Jul-09 Monthly 0.1200Aug-09 Monthly 0.1200Sep-09 Monthly 0.1200Oct-09 Quarterly 0.3600Oct-09 Monthly 0.1200Nov-09 Monthly 0.1200Dec-09 Quarterly 0.3000Dec-09 Monthly 0.1200Jan-10 Monthly 0.1200Mar-10 Monthly 0.1000Mar-10 Quarterly 0.2000Mar-10 Yearly 1.5000Apr-10 Monthly 0.1000May-10 Monthly 0.1000Jun-10 Monthly 0.1000Jun-10 Quarterly 0.2000Jul-10 Monthly 0.0900Aug-10 Monthly 0.0900Sep-10 Monthly 0.0900Sep-10 Quarterly 0.2500Oct-10 Monthly 0.1000Nov-10 Monthly 0.1000


LICMF INFRASTRUCTURE FUNDA 36 months Close ended Equity Fund with an automatic conversion into

an Open ended scheme on expiry of 36 months from the date of allotment (24/03/2008).





EquityR I L 10.21L & T 7.98B H E L 6.74HOUSING DEVELOPMENT FINANCE CORPN 6.18I C I C I BANK 6.02S B I 4.56G A I L 4.23O N G C 3.81TATA STEEL 3.76JINDAL STEEL & POWER 3.44H D F C BANK 3.08STERLITE INDUSTRIES 3.08M & M 2.69BHARTI AIRTEL 2.29S A I L 2.24INDIAN HOTELS 2.06IDEA CELLULAR 1.99TATA MOTORS 1.98INDIA CEMENTS 1.78I D B I 1.56HINDALCO 1.52A C C 1.50M U L 1.36KOTAK MAHINDRA BANK 1.25HERO HONDA MOTORS 1.13JUBILANT ORGANOSYS 1.07UNION BANK OF INDIA 1.02VOLTAS 0.99SESA GOA 0.98



Holdings Mkt. Value (Rs. Lakhs)


Last 1 yearSince Inception -5.31%Benchmark (BSE 100) Return - Last 1 year 5.69%

-4.11%

ANNUALISED RETURNS

BHARAT FORGE 0.94I O C L 0.85H P C L 0.78N M D C 0.77G A C L 0.77TATA POWER 0.68IRB INFRASTRUCTURE DEVELOPERS 0.66POWER GRID CORPORATION OF INDIA 0.64ANDHRA BANK 0.62B P C L 0.58IDFC 0.49GUJRAT NRE COKE 0.43NEYVELI LIGNITE CORPORATION 0.34IVRCL INFRASTRUCTURES & PROJECTS 0.29JSW STEEL 0.28JAIPRAKSH ASSOCIATES 0.21GAMMON 0.03Total - Equity 99.87Debt 0.00TOTAL - DEBT 0.00Bank Deposits 0.00Cash 'n' Call, Current Assets & Receivables 0.13







AA-- or





Bonds / DebenturesS A I L AAA(SO) 0.16JSW STEEL PR1+ 14.62JSW ENERGY PR1+ 3.20

Commercial PaperINDIABULLS FINANCIAL SERVICES P1+ 13.04JAIPRAKASH ASSOCIATES P1 11.43RELIGARE FINVEST P1+ 5.72KEC INTERNATIONAL P1 3.73CHOLAMANDALAM DBS FINANCE P1+ 3.45BOMBAY RAYON FASHIONS P1 3.21ABG SHIPYARD P1+ 3.13PATEL ENGINEERING P1+ 2.81H C C P1+ 1.66TANTIA CONSTRUCTIONS P1 1.58TELEVISION EIGHTEEN P1+ 0.96RELIANCE CAPITAL P1+ 0.00Certificate of DepositsUCO BANK P1+ 3.24CENTRAL BANK OF INDIA PR1+ 2.69VIJAYA BANK PR1+ 1.71ORIENTAL BANK OF COMMERCE P1+ 1.71ALLAHABAD BANK A1+ 1.62CANARA BANK P1+ 1.60I D B I P1+ 0.02


EquityR I L 9.11B H E L 6.71L & T 5.83TATA STEEL 5.76O N G C 5.35INFOSYS TECHNOLOGIES 4.90G A I L 4.54S B I 3.72HOUSING DEVELOPMENT FINANCE CORPN 3.51M & M 3.32STERLITE INDUSTRIES 3.08TATA POWER 3.00TATA MOTORS 2.86AXIS BANK 2.72BANK OF BARODA 2.58TATA CONSULTANCY SERVICES 2.55H D F C BANK 2.53H C L TECHNOLOGIES 2.19IDFC 2.15WIPRO 2.06LUPIN 2.01CAIRN INDIA 1.92RANBAXY LABORATORIES 1.88H P C L 1.81SUN PHARMACEUTICALS 1.79



NAV (Rs.) as on 28/02/2011

Daily Dividend : 10.0000 Weekly Dividend : 10.0149Monthly Dividend : 10.0575 Growth : 13.0326

LICMF INCOME PLUS FUNDAn Open-ended Debt Scheme

Jun-09 0.05200000 0.05690000 0.05220000

Jul-09 0.05070000 0.04670000 0.05070000

Aug-09 0.04070000 0.04650000 0.04090000

Sep-09 0.04230000 0.04020000 0.04250000

Oct-09 0.03850000 0.03500000 0.03850000

Nov-09 0.04010000 0.03670000 0.04010000

Dec-09 0.04160000 0.03880000 0.04160000

Jan-10 0.03810000 0.03840000 0.03820000

Feb-10 0.03610000 0.03340000 0.03610000

Mar-10 0.04810000 0.04860000 0.04810000

Apr-10 0.04070000 0.03990000 0.04070000

May-10 0.04320000 0.04870000 0.04320000

Jun-10 0.04310000 0.04050000 0.04310000

Jul-10 0.04490000 0.04170000 0.04430000

Aug-10 0.04770000 0.05180000 0.04790000

Sep-10 0.04590000 0.04260000 0.04600000

Oct-10 0.04240000 0.04060000 0.04250000

Nov-10 0.05140000 0.05660000 0.05130000

Dec-10 0.05160000 0.04370000 0.05130000

Jan-11 0.05800000 0.06740000 0.05830000

Feb-11 0.05600000 0.05810000 0.05750000

Month Daily Weekly Monthly

Last 1 year 5.88%

Last 3 years 7.01%


Benchmark (C Fund ~ LX) Return - last 1 year 5.84%

ANNUALISED RETURNS


GROSS DIVIDEND DECLARED (RS./UNIT)

Avg. Maturity (in months) : 1.77Avg. Duration (in months) : 1.68

LICMF BOND FUNDAn Open-ended Debt Scheme





DIVIDEND HISTORY

Last 1 year 5.27%Last 3 years 8.11%Since inception (09.05.1999) 8.69%

Benchmark (C CompBex) Return (Last 1 year) 4.91%

ANNUALISED RETURNS

PORTFOLIO RATING ANALYSIS



DEBT

I R F C AAA 13.69

I O C L AA+ 11.18

H U D C O AA 6.56

S A I L AAA(SO) 0.07

I C I C I BANK AAA 13.07

PUNJ LLOYD AA 15.71

JET AIRWAYS (JUS TRUST) AAA 2.79

SHRIRAM TRANSPORT FINANCE AA 0.13

R E C AAA 15.25

MAGMA FINCORP AA- 13.08

ANDHRA BANK AAA(SO) 0.54

Certificate of Deposit

COMMERCIAL PAPER/ BANK DEPOSIT



LICMF G-SEC FUNDAn Open-ended Gilt Scheme


DebtI O C L AA+ 6.13NATIONAL HOUDING BANK AAA 13.71

Securitised DebtGSEC 8.08% 02/08/2022. (SGF F.V.RS.5.00 CR) Sovereign 10.05GSEC 7.80% 03/05/2020 Sovereign 4.97GSEC 8.13% 21/09/2022 Sovereign 5.05

Certificate Of DepositALLAHABAD BANK A1+ 14.47UCO BANK P1+ 14.46BANK OF MAHARASHTRA P1+ 14.46SYNDICATE BANK PR1+ 13.12




Last 1 year

Last 3 years 3.92%

Since inception (29.11.1999) 7.49%

Benchmark (I Sec Composite Gilt) Return

Last 1 year 6.01%

3.76%

ANNUALISED RETURNS


NAV (Rs.) as on 28/02/2011Reg.: 10.5290 Reg.Gr.: 22.6304;

PF-Div. 12.4780; PF-Gr. : 13.0486

Securities Rating % to Net Assets DIVIDEND HISTORY


Mar-01 0.35

Jul-01 0.30

Nov-01 0.35

Mar-02 0.70

Jul-02 0.30

Oct-02 0.35

Jan-03 0.40

Apr-03 0.40

Jun-03 0.35

Sep-03 0.35

Dec-03 0.30

Mar-04 0.30

Jun-04 0.0075

Sep-04 0.05

Mar-09 0.20

Jul-09 0.20

Oct-09 0.20

Jan-10 0.01

Jan-10 (PF Option) 0.50

Mar-10 (PF Option) 0.05



Jul-01 0.4Nov-01 0.35Mar-02 0.35Jul-02 0.3Oct-02 0.3Jan-03 0.3Jun-03 0.225Sep-03 0.225Dec-03 0.2Mar-04 0.15Jun-04 0.1Sep-04 0.05Dec-04 0.1Mar-05 0.15Jul-05 0.15Oct-05 0.1Jan-06 0.1Mar-06 0.1

Jul-06 0.2Oct-06 0.4Jan-07 0.1Mar-07 0.1Jul-07 0.25Oct-07 0.25Jan-08 0.2Mar-08 0.15Jul-08 0.15Oct-08 0.15Jan-09 0.2Mar-09 0.25Jul-09 0.2Oct-09 0.2Jan-10 0.2Mar-10 0.05Jul-10 0.05Oct-10 0.05








AA-- or

H L L 1.74SIEMENS 1.49POWER FINANCE CORPORATION 1.32I D B I 1.21CIPLA 0.95BHARAT FORGE 0.83UNION BANK OF INDIA 0.82I C I C I BANK 0.69JINDAL STEEL & POWER 0.64RELIANCE INFRASTRUCTURE 0.55HINDALCO 0.54MUNDRA PORT & SEZ 0.52S A I L 0.46SESA GOA 0.37BIOCON 0.36INDIAN HOTELS 0.15ZEE TELEFILMS 0.00Total - Equity 100.52Debt 0.00TOTAL - DEBT 0.00Bank Deposits Cash 'n' Call, Current Assets & Receivables -0.52

AA, AA-, A, PR1+(SO) & Others35.48%

AAA44.80%

AA11.18%

+

Money Market7.93%

AAA (SO) 0.61%

LICMF TOP 100An Open ended Equity Fund.


RATINGS OFLICMF INCOME PLUS FUND

Rating: Credit Risk Rating mfA1 by ICRAAA+(ind) by Fitch



Holdings % to Net Assets Holdings % to Net Assets


Average AUM (for February 2011) Rs. 291.37 CrNAV (Rs.) as on 28/02/2011: Dividend: 7.7300; Growth: 7.7302


Last 1 year 0.34%Last 3 years -5.67%Since Inception -7.86%Benchmark (CNX 100) Return - Last 1 year 7.51%


ANNUALISED RETURNS


LICMF LIQUID FUNDAn Open-ended Liquid Scheme



Commercial Paper KEC INTERNATIONAL P1 0.87

Certificate Of DepositPUNJAB NATIONAL BANK PR1+ 11.38ALLAHABAD BANK A1+ 9.12VIJAYA BANK PR1+ 8.07CENTRAL BANK OF INDIA PR1+ 8.03UCO BANK P1+ 6.46SYNDICATE BANK PR1+ 5.31INDIAN OVERSEAS BANK A1+ 5.01BANK OF MAHARASHTRA P1+ 4.80ANDHRA BANK PR1+ 3.82I D B I P1+ 3.74S B I P1+ 3.24UNION BANK OF INDIA P1+ 2.60UNION BANK OF INDIA PR1+ 2.57DENA BANK P1+ 1.94ORIENTAL BANK OF COMMERCE P1+ 1.77CANARA BANK P1+ 1.48INDIAN BANK F1+ 0.57

Bank Deposits Cash 'n' Call, Current Assets & Receivables 15.32








Last 1 yearLast 3 year 6.82%Since Inception (18.03.2002) 6.65%Benchmark (C) Fund ~LX) Return (Last 1 year) 5.84

5.97%

%

ANNUALISED RETURNS


GROSS DIVIDEND HISTORY (RS./UNIT)

May-05 0.04240000Jun-05 0.04089337Jul-05 0.04210000Aug-05 0.04250000Sep-05 0.04100000Oct-05 0.04455476Nov-05 0.04749685Dec-05 0.04943670Jan-06 0.05202764Feb-06 0.04836850Mar-06 0.07196284Apr-06 0.05065708May-06 0.05328228Jun-06 0.05243226Jul-06 0.05969500Aug-06 0.06310000Sep-06 0.06340000Oct-06 0.06860000Nov-06 0.06750000Dec-06 0.06280627Jan-07 0.07300000Feb-07 0.06420000Mar-07 0.07660000Apr-07 0.07970000May-07 0.07980000Jun-07 0.06120000Jul-07 0.05370000Aug-07 0.06730000Sep-07 0.06430000Oct-07 0.06980000Nov-07 0.07360000Dec-07 0.07930000Jan-08 0.07750000Feb-08 0.07470000Mar-08 0.07973000

Apr-08 0.07280000May-08 0.07830000Jun-08 0.08110000Jul-08 0.08440000Aug-08 0.08610000Sep-08 0.08700000Oct-08 0.09810000Nov-08 0.08640000Dec-08 0.08750000Jan-09 0.07920000Feb-09 0.08620000Mar-09 0.06830000Apr-09 0.05280000May-09 0.04973000Jun-09 0.04820000Jul-09 0.04720000Aug-09 0.04590000Sep-09 0.04220000Oct-09 0.04770000Nov-09 0.04260000Dec-09 0.04340000Jan-10 0.03840000Feb-10 0.03170000Mar-10 0.03867927Apr-10 0.03570000May-10 0.04190000Jun-10 0.04910000Jul-10 0.05140000Aug-10 0.04900000Sep-10 0.05320000Oct-10 0.06140000Nov-10 0.06270000Dec-10 0.06420000Jan-11 0.06550000Feb-11 0.06660000

Month Gross DividendMonth Gross Dividend

LICMF EQUITY FUNDAn Open-ended Equity Scheme

LICMF OPPORTUNITIES FUNDAn Open-ended Growth Scheme









Last 1 yearLast 3 year -5.34%Since Inception 10.25%Benchmark (BSE-200) Return Last 1 year 5.48%

7.31%ANNUALISED RETURNS


DIVIDEND HISTORYMonth Dividend (Rs./Unit)Feb-06 2.00Oct-06 2.50Nov-07 3.00


EquityR I L 8.21INFOSYS TECHNOLOGIES 7.10I C I C I BANK 5.95S B I 4.98HOUSING DEVELOPMENT FINANCE CORPN 4.46TATA STEEL 4.30L & T 3.58H D F C BANK 3.51B H E L 3.48I T C 2.80TATA CONSULTANCY SERVICES 2.63O N G C 2.56TATA MOTORS 2.56HINDALCO 2.37BHARTI AIRTEL 2.35M & M 2.25INDIAN HOTELS 2.09G A I L 2.02N M D C 1.87M U L 1.82DR REDDYS LABORATORIES 1.65STERLITE INDUSTRIES 1.64SESA GOA 1.61S A I L 1.61POWER GRID CORPORATION OF INDIA 1.40JINDAL STEEL & POWER 1.39WIPRO 1.34I O C L 1.24AXIS BANK 1.15A C C 1.15G A C L 1.05H C L TECHNOLOGIES 1.05RANBAXY LABORATORIES 1.03POWER TRADING CORPORATION 0.96KOTAK MAHINDRA BANK 0.96CIPLA 0.78BHARAT FORGE 0.72B P C L 0.63

An Open-ended Equity Scheme







Equity R I L 9.36INFOSYS TECHNOLOGIES 6.57I C I C I BANK 5.31H D F C BANK 4.29B H E L 4.27HOUSING DEVELOPMENT FINANCE CORPN 4.17I T C 4.05TATA CONSULTANCY SERVICES 3.65L & T 3.59S B I 3.45KOTAK MAHINDRA BANK 3.10O N G C 2.92AXIS BANK 2.68TATA STEEL 2.65M & M 1.95STERLITE INDUSTRIES 1.79RELIANCE INFRASTRUCTURE 1.69HINDALCO 1.69WIPRO 1.66G A I L 1.62BHARTI AIRTEL 1.45SESA GOA 1.43M U L 1.38VOLTAS 1.34TATA MOTORS 1.32CIPLA 1.25S A I L 1.24INDIAN HOTELS 1.21H C L TECHNOLOGIES 1.18HERO HONDA MOTORS 1.12DR REDDYS LABORATORIES 1.10I F C I 1.09JUBILANT ORGANOSYS 1.06I O C L 0.98RANBAXY LABORATORIES 0.95VIDEOCON INDUSTRIES 0.88POWER GRID CORPORATION OF INDIA 0.81N T P C 0.80ANDHRA BANK 0.74N M D C 0.71G A C L 0.71UNION BANK OF INDIA 0.68COAL INDIA LIMITED 0.61PUNJAB NATIONAL BANK 0.58I D B I 0.50SIEMENS 0.45JINDAL STEEL & POWER 0.36BHARAT FORGE 0.36JAIPRAKSH ASSOCIATES 0.34YES BANK 0.28

ANNUALISED RETURNS


Last 1 year 5.92%Last 3 years -3.61%Since Inception 9.09%Benchmark (Sensex) Return Last 1 year 8.44%

DIVIDEND HISTORYMonth Dividend (Rs./Unit)Mar-04 1.20Mar-05 1.00Nov-05 2.00Oct-06 2.50Nov-07 5.00

ANDHRA BANK 0.61INDIA CEMENTS 0.53PUNJAB NATIONAL BANK 0.50BANK OF BARODA 0.41JUBILANT ORGANOSYS 0.35ALLAHABAD BANK 0.23JAIPRAKSH ASSOCIATES 0.09

Total - Equity 94.96Debt 0.00Total - Debt 0.00Bank DepositsCash 'n' Call, Current Assets & Receivables 5.04

TATA POWER 0.25H P C L 0.24CHAMBAL FERTILISERS & CHEMICALS 0.18B P C L 0.18ULTRA TECH CEMCO 0.15GUJRAT NRE COKE 0.08IRB INFRASTRUCTURE DEVELOPERS 0.05N H P C 0.04MOIL LTD 0.03NDTV 0.03DLF 0.02JUBILANT ORGANOSY 0.00Total - Equity 98.62Debt Total Debt Bank DepositsCash 'n' Call, Current Assets & Receivables 1.38

Money Mkt.1.38%

Equity98.62%

RATINGS OF LICMF LIQUID FUND

Rating: Credit Risk Rating mfA1+ by ICRA AAAmmf(ind) by Fitch




Money Market &Other

15.32%

P1, , A+Equivalent

0.87%

AA-- or

TAXES

Standard rate of excise duty held at 10 percent; no change in CENVAT rates. The customs and excise proposals will result in net revenue gain of ̀ 73 billion.

Revision in the Income-tax rates and age limits of Sr. citizens.

To reduce surcharge on domestic companies to 5 percent from 7.5 percent

To raise minimum alternate tax to 18.5 percent from 18 percent

Direct tax proposals to cause 115 billion rupees in revenue loss whereas the indirect tad proposals will lead to net gain of ̀ 113 billion.

Service tax rate kept at 10% with few new services are brought under preview will lead to net revenue gain of ̀ 4000 crore.

OTHERS

Subsidy bill in 2011-12 seen at ̀ 1.44 trillion

To introduce Public Debt Management Bill in Fy12

GST - In June 2011, pilot portal along with 11 states to be rolled out

DTC will be introduced in 2012

Govt. will move towards direct subsidy for Below Poverty Line by April 2012 (LPG, Kerosene and Fertiliser)

FIIs limit on Corp Bonds raised to USD 40 Bn

FIIs and Foreign Individuals allowed to apply to Mfs

Sum of ̀ 6000 cr for re-capitalization of PSU Banks.

Housing Loan interest rate subvention of 100 bps and Priority sector increased to `25 lakhs.

Infrastructure spending allocation ̀ 214,000 crore up by 23.3% for 2011-12.

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ECONOMYv Economy is estimated to have grown at 8.6% in 2010-11 and is expected to grow at

9-9.25% in 2011-12.Though inflation remains a major concern, the majors taken from time to time is showing effects of decreasing trend. The total food inflation declined from 20.4% in February, 2010, to less than half, at 10.39% for the week ended February 14.

DISINVESTMENT Disinvestment in 2011-12 seen at ̀ 400 billionGovernment committed to retaining 51 percent stake in public sector enterprises.

BORROWING Net market borrowing for 2011-12 seen at `3.43 trillion, down from `3.45 trillion in 2010-11 Gross market borrowing for 2011-12 seen at ̀ 4.17 trillion Revised gross market borrowing for 2010-11 at ̀ 4.47 trillion

UNION BUDGET 2011-2012 AT A GLANCE

(Rs. In Crore) 2010-2011 2011-12Budget Revised % Chg. Budget % Chg.*

Revenue Receipts 682,212 783,833 14.9% 789,892 15.8%Net Tax receipts 534,094 563,685 5.5% 664,457 24.4%Non-tax receipts 148,118 220,148 48.6% 125,435 -15.3%Non-Debt Receipts 45,129 31,745 -29.7% 55,020 21.9%Total Expenditure 1,108,749 1,216,576 9.7% 1,257,729 13.4%Non-plan Expenditure 735,657 821,552 11.7% 816,182 10.9%Plan Expenditure 373,092 395,024 5.9% 441,547 18.3%Revenue Deficit 276,512 269,844 -2.4% 307,270 11.1%As % of GDP 4 3.4 3.4 Fiscal Deficit 381,408 400,998 5.1% 412,817 8.2%As % of GDP 5.5 5.1 4.6

* %chg. Over last year's budgeted figures (Sourse: DNA Money, company)

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Union Budget 2011-2012 Highlights


LICMF INDEX FUNDAn Open-ended Index Linked Equity Scheme

EquityR I L 10.18INFOSYS TECHNOLOGIES 9.01I C I C I BANK 6.97I T C 5.58HOUSING DEVELOPMENT FINANCE CORPN 5.10L & T 5.08H D F C BANK 4.55S B I 4.23TATA CONSULTANCY SERVICES 3.51BHARTI AIRTEL 2.50TATA STEEL 2.49TATA MOTORS 2.36O N G C 2.28B H E L 1.98AXIS BANK 1.95H L L 1.84M & M 1.82HINDALCO 1.62JINDAL STEEL & POWER 1.59STERLITE INDUSTRIES 1.45WIPRO 1.39N T P C 1.35DR REDDYS LABORATORIES 1.21G A I L 1.19TATA POWER 1.16BAJAJ AUTO 1.07M U L 0.99SUN PHARMACEUTICALS 0.99IDFC 0.97CIPLA 0.95CAIRN INDIA 0.92KOTAK MAHINDRA BANK 0.90PUNJAB NATIONAL BANK 0.88HERO HONDA MOTORS 0.88POWER GRID CORPORATION OF INDIA 0.87SIEMENS 0.80H C L TECHNOLOGIES 0.66SESA GOA 0.62G A C L 0.60A C C 0.59S A I L 0.56JAIPRAKSH ASSOCIATES 0.56RELIANCE INFRASTRUCTURE 0.53DLF 0.48B P C L 0.45RANBAXY LABORATORIES 0.41RELIANCE POWER LTD 0.38RELIANCE COMMUNICATION 0.35RELIANCE CAPITAL 0.34SUZLON ENERGY 0.22Total Equity 99.36Cash 'n' Call, Current Assets & Receivables 0.64

NIFTY PLAN - PORTFOLIO (as on 28 )/02/2011




Last 6 months -2.82%Last 1 year 8.49%Last 3 years -1.99%Since Inception 13.99%Benchmark NSE - Nifty Return (Last 6 months) -2.73%Benchmark NSE - Nifty Return (Last 1 year) 8.30%

ANNUALISED RETURNS

Equity R I L 12.09INFOSYS TECHNOLOGIES 10.20I C I C I BANK 7.76I T C 6.35L & T 5.82HOUSING DEVELOPMENT FINANCE CORPN 5.77H D F C BANK 5.30S B I 5.23TATA CONSULTANCY SERVICES 4.55O N G C 3.23BHARTI AIRTEL 3.06TATA STEEL 2.83TATA MOTORS 2.80B H E L 2.39H L L 2.14M & M 2.10N T P C 1.95JINDAL STEEL & POWER 1.93WIPRO 1.87HINDALCO 1.87STERLITE INDUSTRIES 1.72








Last 6 months -1.71%Last 1 years 9.03%Last 3 years -1.44%Since Inception 15.71%Benchmark BSE - Sensex Return (Last 6 months) -1.91%Benchmark BSE - Sensex Return (Last 1 years) 8.44%

ANNUALISED RETURNS

SENSEX ADVT. PLAN PORTFOLIO (as on 28/02/2011)

Month Dividend (Rs./Unit)Nifty Sensex Sensex Advt.

Jan-04 1.6 1.5 1.7Aug-05 2.5Nov-05 4.0Jan-06 5.0Feb-06 5.0Nov-06 5.0Feb-07 5.0Mar-07 2.0 2.5Mar-08 2.0 1.5Jan-10 1.75










Last 1 yearLast 3 years -2.51%Since Inception 14.82%Benchmark BSE - Sensex Return (Last 1 year) 8.44

7.57%

%

ANNUALISED RETURNS

DIVIDEND HISTORY


Holdings % to Net AssetsEqutiyR I L 10.71INFOSYS TECHNOLOGIES 9.04I C I C I BANK 6.87I T C 5.62L & T 5.16HOUSING DEVELOPMENT FINANCE CORPN 5.10H D F C BANK 4.68S B I 4.64TATA CONSULTANCY SERVICES 4.03O N G C 2.86BHARTI AIRTEL 2.71SESA GOA 2.61TATA STEEL 2.37TATA MOTORS 2.27B H E L 2.12H L L 1.89KOTAK MAHINDRA BANK 1.79N T P C 1.73JINDAL STEEL & POWER 1.71M & M 1.70STERLITE INDUSTRIES 1.69HINDALCO 1.66WIPRO 1.66IDFC 1.60TATA POWER 1.18BAJAJ AUTO 1.13M U L 1.07CIPLA 0.96HERO HONDA MOTORS 0.90G A C L 0.78JAIPRAKSH ASSOCIATES 0.56DLF 0.56RELIANCE INFRASTRUCTURE 0.55RELIANCE COMMUNICATION 0.38IDEA CELLULAR 0.32NDTV 0.24Total Equity 94.86Cash 'n' Call, Current Assets & Receivables 5.14

TATA POWER 1.34BAJAJ AUTO 1.28M U L 1.21CIPLA 1.09HERO HONDA MOTORS 1.02JAIPRAKSH ASSOCIATES 0.63DLF 0.63RELIANCE INFRASTRUCTURE 0.62RELIANCE COMMUNICATION 0.43Total Equity 99.20Cash 'n' Call, Current Assets & Receivables 0.80

Market Review

DEBT MARKET REVIEW

Tight liquidity condition persisted during the month of February 2011 with inflation being the major area of concern for the Reserve Bank of India. The wholesale price index, the most widely watched gauge of prices in India, came down to 8.23 percent in January 2011, from a year earlier, compared with 8.43 percent in December 2010. It was mainly on account of drop in food prices with the fresh arrival of agricultural products. RBI continues to maintain a hawkish stance on inflation and monitor the liquidity and interest rate movements, very closely.

Sovereign Bonds witnessed a sharp rally and markets cheered the following announcements by the Finance Minister in the Union Budget for F.Y. 2011/12, presented on 28th February 2011.

" Lower than expected net borrowing of Rs.3.43 lakh crores and Gross Borrowing of Rs.4.17 lakh crore, as against Rs.4.27 lakh crore in the last fiscal.

" Tighter Fiscal Deficit Target at 4.6% of GDP for next fiscal, against market expectation of 4.80%.

" Increase in FII investment limit in Debt to $40 billion.

The 10 year benchmark bond (7.80% GS 2020) yield touched 7.98% on 28th February. On the CDs front PSU Banks issued 3 month and 6 month CDs in the range of 9.95% - 10.10%. PSU banks and Private banks issued 1 year CDs in the range of 10% - 10.30%.

The 5-year & 10-year AAA Corporate Bond yield ended at 9.20% & 9.14%, respectively, as on 28th February 2011.

Outlook:

Inflation would remain the primary concern of the Reserve Bank of India in the coming months with the spurt in Crude Oil Prices, subsequent to the unrest in the Mid-East Region. With the expected advance tax outflows in the 2nd Fortnight of March, tight liquidity conditions are expected to continue till March 2011. However, if the Crude oil prices ease, interest rates may cool down from April 2011,as it appears that interest rates are at peak levels or are nearer to the peak levels. Next Quarterly Review of RBI on March 17 will be keenly watched.

EQUITY MARKET REVIEW

Ahead of the Union Budget expectations and geopolitical pressure, the equity markets in the month of February remain in bearish zone. The major indices; BSE-Sensex and Nifty-50 settled at 17823.40 and 5333.25 levels down by 2.75% and 3.14% respectively.

Except the BSE FMCG sector, all other major sectoral

indices registered negative growth in the month. The

Real estate sector grossly under-performed with

11.09% negative growth whereas the Mid-cap and

Small-caps were around 7.2% down in February'11.

During the month, 24 out of 30 stocks in Sensex and

38 out of 50 stocks posted negative returns. The

ADAG stocks like Reliance Communication (down by

around 30%), Reliance Infrastructure(down by around

12%) due the CBI questioning to the group Chairman

Anil Ambani as a part of its probe into the 2G spectrum

scam. Similarly in Auto segment, Hero Honda and

M&M were down more than 10% and in Metal sector,

the Hindalco and Sterlite registered a negative returns

of around 12%.

The FIIs continued to be sellers for the second

consecutive month of 2011. They sold around equity

worth `4585.50 crore during February. The total

outflow since the beginning of the year 2011 has been

to the tune of `9398.60 crore. The domestic mutual

funds turned out to be the buyers to the extent of

`1121.10 crore till 25th February'11.

The Union Budget, declared on 28th February'11 was

greeted by a optimistic rally where the Sensex rose as

much as 595 points on no negative surprises in the

Budget. The entry of foreign national in Mutual Fund

industry, fiscal discipline, no increase in the excise

duties led the market rally. However, once the initial

euphoria is over, the Sensex closed at 17823.40 (up by

122.49 points) and Nifty at 5333.25 (up by 29.70

points) on the Budget day.

Outlook:

There are no major negatives left on the domestic

front. The budget declared did not have any negative

surprises and was focused mainly on rising inflation

and inclusive growth. The fiscal deficit as % to GDP

revised for 2010-11 to 5.1% from 5.5% and is

estimated to 4.6% 2011-12. The Equity market now is

cognizant towards the global cues and seem to be

cautiously moving upward. The corporate results also

might not be far away from the expectations. The

Elections in April and May will be another factor that

will decide the course of action for the equity market.

However, the growth expectations of 9-9.25% for

2011-12, increasing infrastructure spending, robust

government revenue collection gives a long term

positive outlook of Indian economy. Hence, inspite of

the range bound market in near future, the long term

outlook seem to be optimistic.


SNAPSHOT

SIP: Systematic Investment Plan; SWP: Systematic Withdrawal Plan; STP: Systematic Transfer Plan; AWOCA: Automatic Withdrawal of Capital AppreciationNote : SWP & AWOCA are available under growth options only.

LICMF GROWTH FUNDAn Open-ended SchemeGrowth





Last 1 year 6.91%Last 3 year 1.07%Since Inception 8.68%Benchmark (Sensex) Return - last 1 year 8.44%

ANNUALISED RETURNS




EquityINFOSYS TECHNOLOGIES 6.32R I L 5.92L & T 5.18I T C 4.40S B I 4.29H D F C BANK 3.74I C I C I BANK 3.61TATA STEEL 2.96M & M 2.82B H E L 2.74S A I L 2.64HOUSING DEVELOPMENT FINANCE CORPN 2.54O N G C 2.36G A I L 2.14TATA CONSULTANCY SERVICES 2.07HINDALCO 1.98INDIAN HOTELS 1.92STERLITE INDUSTRIES 1.90AXIS BANK 1.82TATA MOTORS 1.81WIPRO 1.56IDFC 1.42DR REDDYS LABORATORIES 1.22SESA GOA 1.22M U L 1.18JINDAL STEEL & POWER 1.16HERO HONDA MOTORS 1.16VOLTAS 1.11CIPLA 1.06KOTAK MAHINDRA BANK 0.98I D B I 0.94BHARTI AIRTEL 0.92H C L TECHNOLOGIES 0.82ANDHRA BANK 0.82RANBAXY LABORATORIES 0.81UNION BANK OF INDIA 0.73N M D C 0.70INDIA CEMENTS 0.63BALARAMPUR CHINI MILLS 0.61NEYVELI LIGNITE CORPORATION 0.61G A C L 0.60JUBILANT ORGANOSYS 0.59COAL INDIA LIMITED 0.59BHARAT FORGE 0.57SIEMENS 0.54B E M L 0.46MADRAS CEMENT 0.42PUNJAB NATIONAL BANK 0.41JSW STEEL 0.40IVRCL INFRASTRUCTURES & PROJECTS 0.39B P C L 0.26N T P C 0.25YES BANK 0.24TATA POWER 0.21GUJRAT NRE COKE 0.18CHAMBAL FERTILISERS & CHEMICALS 0.16IRB INFRASTRUCTURE DEVELOPERS 0.11

LICMF TAX PLANAn Open-ended ELSS


DIVIDEND HISTORY

Month Dividend (Rs./Unit)

Mar-04 2.00

Mar-05 3.00

Aug-05 1.00

Mar-06 2.00

Oct-06 2.50

May-07 1.00

Oct-07 1.50


Average AUM Rs. 38 Cr(for February 2011) .10




Holdings % to

Net AssetsEquityR I L 7.19INFOSYS TECHNOLOGIES 5.59S B I 5.39TATA CONSULTANCY SERVICES 4.74H D F C BANK 4.59I C I C I BANK 4.52TATA STEEL 4.03B H E L 3.46HOUSING DEVELOPMENT FINANCE CORPN 3.35L & T 2.82JINDAL STEEL & POWER 2.80I T C 2.70BHARTI AIRTEL 2.64S A I L 2.45M & M 2.12HINDALCO 2.00KOTAK MAHINDRA BANK 1.84SESA GOA 1.74VOLTAS 1.66G A I L 1.64O N G C 1.55INDIAN HOTELS 1.47AXIS BANK 1.38STERLITE INDUSTRIES 1.28DR REDDYS LABORATORIES 1.23CONCOR 1.17TATA MOTORS 1.15G A C L 1.07N M D C 1.05M U L 0.95WIPRO 0.93M R F 0.87I O C L 0.85PUNJAB NATIONAL BANK 0.85BHARAT FORGE 0.82RURAL ELECTRIFICATION CORPORATION 0.75CIPLA 0.70RANBAXY LABORATORIES 0.69TATA POWER 0.61IDFC 0.58JUBILANT ORGANOSYS 0.47BANK OF BARODA 0.46B P C L 0.44UNION BANK OF INDIA 0.42JAYPEE INFRATECH 0.37MUNDRA PORT & SEZ 0.33ALLAHABAD BANK 0.26VIJAYA BANK 0.20


Last 1 year

Last 3 years -3.87%


Benchmark (Sensex) Return Last 1 year 8.44

7.36%

%

ANNUALISED RETURNS

DIVIDEND HISTORYMonth Dividend (Rs./Unit)

Oct-07 1.50

NAV (Rs.) as on 28/02/2011: DIVIDEND: 10.8713; GROWTH: 12.2568

NAV (Rs.) as on 28/02/2011; Dividend: 9.9924; Growth: 27.9062

Money Mkt.9.45%

Equity90.55%

Money Mkt.10.60%

Equity89.40%

ULTRA TECH CEMCO 0.07NDTV 0.05MOIL LTD 0.04POWER TRADING CORPORATION 0.03ZEE TELEFILMS 0.01Total Equity 89.40Debt 0.00Total - Debt 0.00Bank DepositsCommercial Paper / Bank Deposit 0.00Cash 'n' Call, Current Assets & Receivables 10.60

IDEA CELLULAR 0.15ANDHRA BANK 0.14JUBILANT ORGANOSY 0.04H P C L 0.03Total Equity 90.55Debt Total - Debt Commercial Paper 0.00Bank Deposits Cash 'n' Call, Current Assets & Receivables 9.45

1st September 99

The main investment objective of the scheme is to provide capital growth by investing mainly in equities and also in debt and other permitted instruments of capital and money markets. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth.


Dividend / Growth

Nil


Rs. 2000/-




Available


Shri S. Ramasamy

14th November 02

The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty/Sensex based on the plans, by investing in the respective index stocks subject to tracking errors

Equity - Index

Sensex / Nifty / Sensex Advantage

Dividend / Growth

Nil


Rs. 2000/-



SIP / SWP / STP / AWOCA / PRESET TRIGGER

Available


Shri S. Ramasamy

1st January 91

The investment objective of the scheme is to provide regular returns and capital appreciation according to the selection of plan by investing in debt and equity instruments.

Balanced

Dividend / Growth

Nil


Rs. 1000/-




Available



16th April 98

The main investment objective of the scheme is to provide capital growth by investing mainly in equities. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth.


Dividend / Growth

Nil


Rs. 2000/-




Available


Shri S. Ramasamy

31st January 2005

The investment objective of the scheme is to provide capital growth in long term with reasonable risk levels by investing mainly in companies which are in sector/s which have high growth potential at that point of time.


Dividend / Growth

Nil


Rs. 5000/-



SIP/SWP/STP/AWOCA/PRESET TRIGGURE

Available


Shri S. Ramasamy

1st January 1997

The investment objective of the scheme is to provide capital growth along with tax rebate u/s 80C to our investors through prudent investments in the stock markets.

ELSS

Dividend / Growth

Nil

Nil

Rs. 500/-




Available


Shri S. Ramasamy

28th May 2007

The investment objective of the scheme is to provide reasonable possible current income – conisst6ent with preservation of capital and providing liquidity – from investing in a diversified portfolio of short-term money market and debt securities.

Debt

Dividend / Growth

Nil

Nil

Rs. 5,00,000/-



STP

Available

Daily / Weekly / Monthly

Shri A. R. Nayak

21st September 2004

The investment objective of the scheme is to generate regular income by investing mainly in floating rate instruments / fixed rate instruments swapped for floating rate return so as to minimize the interest rate risk and at the same time aiming at generating capital appreciation in a long term by investing in Equity / Equity related instruments

Debt

Monthly Div. / Quarterly Div. / Yearly Div. / Growth

Nil


Rs. 5000/-




Available



Growth Fund Balanced Fund Equity Fund

Opportunities Fund Tax Plan Floater MIP Income Plus Fund

Index Fund


SCHEMES

26th March 99

The primary investment objective of the scheme is to generate an attractive returns for its investors by investing in a portfolio of quality Debt Securities and Money Market Instruments.

Debt

Dividend / Growth

Nil


Rs. 5000/-




Available

Quarterly

Shri A. R. Nayak

15th November 99

The primary investment objective of the scheme is to generate credit risk free and reasonable returns for its investors through investments in sovereign securities issued by the Central and/or State Government and/or any security unconditionally guaranteed by the Central/State Government for repayment of Principal and Interest and/or Reverse Repos in such securities as and when permitted by RBI.

Debt - Gilt

PF / Regular

Dividend / Growth

Nil


Regular Plan: Rs. 5,000/-PF Plan: Rs. 10000/-




Available

Quarterly

Shri A. R. Nayak

26th September 01

The investment objective of the scheme is to provide long term growth of capital through a judicious mix of investments in quality Debt Securities and Equities with relatively low levels of risk.

Balanced

Growth

Nil


Rs. 5000/-




Available


Shri S. Ramasamy

29th May 03

The investment objective of the scheme is to generate income by investing in a quality short term debt securities. There can be no assurance that the investment objective of the scheme will be realized.

Debt - Short Term

Dividend / Growth

Nil

Nil

Rs. 5000/-




Available

Monthly / Daily / Weekly

Shri A. R. Nayak

Bond Fund G-Sec Fund Savings Plus Fund Children’s Fund

11th March 02

The investment objective of the scheme is to generate reasonable returns with low risk and high liquidity through judicious mix of investment in Money Market Instruments and quality Debt Instruments

Debt - Liquid

Dividend / Growth

Nil

Nil

Rs. 25000/-


On all days

STP

Available

Daily

Shri A. R. Nayak

1st June / 03

The investment objective of the scheme is to generate regular income by investing mainly in quality Debt and Money Market Instruments. It also seeks to generate Capital Appreciation in a long term by investing in Equity / Equity related instruments. There can be no assurance that the investment objective of the scheme will be realized.

Debt

Monthly Div./Quarterly Div. Yearly Div./Growth

Nil


Rs. 5000/-




Available



15th March 2004

The investment objective of the scheme is to generate consistent return by investing mainly in floating rate instruments/fixed rate instruments swapped for floating rate return so a to minimize the interest rate risk for the investors

Debt - Floating

Dividend / Growth

Nil

Nil

Rs. 5,000/- and thereafter in multiples of Rs. 500/-.


On all days


Available

Daily / Weekly

Shri A. R. Nayak

19th June 89

The scheme seeks to generate long term capital appreciation and offer tax benefits u/s 80C of the Income Tax Act, 1961 as well as additional benefits of life cover and free accident insurance cover.

Insurance linked tax saving

Single Premium-5/10 year termRegular Contribution-10/15 year term

Dividend Re-investment

Nil

Nil

Rs. 10000/- under Single Premium Rs. 1000/- under Regular Premium- yearly option, Rs. 100/- under Regular Premium - monthly option



SIP / STP

Available



Liquid Fund Monthly Income Plan Unit Linked Insurance Scheme Floating Rate Fund - STP

Launch Date

InvestmentObjective

Type

Plans

Options

Entry Load

Exit Load

Minimum Investment

Liquidity

NAV Declaration

Special Facilities

Nomination

Dividend Frequency

Fund Manager

Launch Date

Objective

Type

Plans

Options

Entry Load

Exit Load

Minimum Investment

Liquidity

NAV Declaration

Special Facilities

Nomination

Dividend Frequency

Fund Manager

LICMF UNIT LINKED INSURANCE SCHEME An Open-ended Insurance linked Tax Saving Scheme




Average AUM (for February 2011) Rs. Cr118.62


NAV (Rs.) as on 28/02/2011 : 9.5589

Last 1 year 4.21%Last 3 years -4.03%Since Inception 10.92%Benchmark (C BalanceEx) Return (Last 1 year) 7.12%

ANNUALISED RETURNS



Equity R I L 5.71B H E L 5.58TATA POWER 5.40O N G C 5.39INFOSYS TECHNOLOGIES 5.07L & T 3.65H D F C BANK 3.64HOUSING DEVELOPMENT FINANCE CORPN 3.08TATA CONSULTANCY SERVICES 2.82M & M 1.79SIEMENS 1.79S B I 1.78H P C L 1.76TATA MOTORS 1.74G A I L 1.68TATA STEEL 1.54CIPLA 1.52TATA TEA 1.40JINDAL STEEL & POWER 0.97STERLITE INDUSTRIES 0.83H C L TECHNOLOGIES 0.75M U L 0.74DR REDDYS LABORATORIES 0.65PUNJAB NATIONAL BANK 0.62IDFC 0.61JUBILANT ORGANOSYS 0.55COAL INDIA LIMITED 0.54I C I C I BANK 0.41LUPIN 0.32INDIAN HOTELS 0.31JUBILANT ORGANOSY 0.03TOTAL - EQUITY 62.68


HoldingsNet Assets

Rating % to

DebtDECCAN CHRONICLE AA 6.00PUNJ LLOYD AA 5.92SHRIRAM TRANSPORT FINANCE AA 3.27R E C AAA 0.88MAGMA FINCORP AA- 13.37RELIANCE CAPITAL AAA 3.35TOTAL - DEBT 32.80Certificate of Deposit CANARA BANK P1+ 4.18Total Certificate of Deposit 4.18Commercial Paper 0.00TOTAL - Commercial Paper 0.00Cash 'n' Call, Current Assets & Receivables 0.34

GROSS DIVIDEND RECORD (RS./UNIT)

Year Rate1990-91 1.301991-92 1.351992-94 (18 months) 1.501994-95 0.751996-97 0.601997-98 1.001999-00 1.002001-02 1.00

Year Rate2002-03 0.752003-04 1.702004-05 2.002005-06 2.802006-07 4.402007-08 3.002008-09 0.002009-10 0.00

Expense Ratio (as at 28 ) : 2.07% /02/2011

Money Mkt.4.52%

Debt 32.80%

.

Equity62.68%

LICMF BALANCED FUNDAn Open-ended Balanced Scheme



DEBT PORTFOLIO (as on 28//02/2011)

DebtI R F C AAA 4.53PUNJ LLOYD AA 8.31MAGMA FINCORP AA- 16.48

TOTAL - DEBT 29.31

Bank Deposits



NAV (Rs.) as on 28/02/2011 : Dividend: 11.0865; Growth: 52.4704

Last 1 year 1.58Last 3 years -3.84%Since Inception 6.99%

Benchmark (C BalanceEx) Return (Last 1 year) 7.12

%

%

ANNUALISED RETURNS



Month Dividend (Rs./Unit)Nov-04 0.35Mar-05 0.85Aug-05 1.00Nov-05 0.75Feb-06 0.85Apr-06 1.70Sep-06 1.00Jan-07 1.50Oct-07 1.50

DIVIDEND HISTORY

EquityH L L 7.64HINDALCO 6.27H C L TECHNOLOGIES 5.52G A I L 5.35L & T 5.09RANBAXY LABORATORIES 4.52I D B I 3.83YES BANK 3.43POWER TRADING CORPORATION 3.41H P C L 3.33SESA GOA 3.28G A C L 2.46UNION BANK OF INDIA 2.44IDFC 2.42COAL INDIA LIMITED 1.33JUBILANT ORGANOSYS 0.76JUBILANT ORGANOSY 0.05Total Equity 61.10

Money Mkt.9.58%

Debt 29.31%

.

Equity61.11%


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4th Floor, Industrial Assurance Bldg., Opp. Churchgate Station, Mumbai 400 020. Tel. : 22812038 Fax : 22880633 E-mail: [email protected] visit us at www.licmutual.com

Statutory Details: LIC Mutual Fund has been set up as a Trust sponsored by Life Insurance Corporation of India. LIC Mutual Fund Asset Management Co. Ltd. is the Investment Manager to the Fund. RISK FACTORS: Mutual Funds and Securities investments are subject to market risks and there is no assurance and no guarantee that the objectives of the Mutual Fund will be achieved. As with any investment in stocks and shares, the NAV of the units issued under the scheme can go up or down depending on the factors and forces affecting the securities markets. The Sponsor is not responsible for or liable to any loss resulting from the operations of the scheme beyond their initial contribution of Rs. 2 Crore towards the setting up of the Mutual Fund. Past performance of the Sponsor/AMC/Mutual Fund does not indicate the future performance of the schemes of the Mutual Fund. The NAV of units of the scheme may be affected by changes in general level of interest rates. Please read the scheme information document carefully before investing.

Investment Manager:

PLACE ADDRESS LANDLINE MOBILEAHMEDABAD Jeevan Sadan, 3rd Flr, LIC Bldg, Opp. Capital Commercial Center,

9328638838 / 9998559460BANGALORE No.4, Canara Mutual Building (Opp. Cash Pharmacy), 2nd Floor, Residency Road, BANGALORE-560025. 080-22210180 / 22118478 9845172957 / 9972092957 /

9986500721 / 9880058223BHUBANESHWAR OCHC Building, Ground Floor, 24-Janpath, Unit-3, BHUBANESHWAR-751001. 0674-2390694 9438132162

CHENNAI 15, Anna Salai, Next to V.G.P. Bldg., CHENNAI - 600002. 044-28411984 / 28555883 9382315850 / 9940286305 /9500038285 / 8754479990 /9500038285

DEHRADUN 110, Tagore Villa, Chakrata Road, DEHRADUN - 248 001 0135 - 2650749 9412039057 / 9410702598 /9208402495 / 9897056231

ERNAKULAM 11th Floor, Jeevan Prakash, M.G. Road, Ernakulam, KOCHI - 682011 0484-2367643 9895036554 / 9745612888 / 9946710555 / 9388755722 /

9447742733GOA T 9/10, 3rd floor, Alfran Plaza, Opp. Don Bosco High School, M. G. Road, Panaji, GOA-403001. 0832-2420561 8055538358 / 9890711551 /

9370643076GURGAON LICMF AMC Ltd., Office No. 202, 1st Floor, AKD Tower, Near HUDA Office, Sector 14, Gurgaon - 122007. 0124-2220592 9811464244 / 9654228220 /

9555542768GUWAHATI LICMF AMC Ltd., C/o LIC of India, Jeevan Deep Building, M. L. Nehru Road, Panbazar, GUWAHATI -781 001 0361 - 2735323 9435040478 / 9435070961 /

9435105186HUBLI LICMF AMC Ltd., 2nd Floor, LIC Bldg., Beside HPO, Lamington Road, Hubli - 580020. 0836 - 4260523 / 4262092 9035484001 / 9845205168

HYDERABAD LIC Mutual Fund, House No. 5-9-57, 4th Floor, Jeevan Jyoti Building, Basheerbagh, HYDERABAD - 500029. 040-23244445 / 23210572 9392471583 / 9000444850 / 9000550850

INDORE U.V. House, 1st Floor, Snehil 9/1-A South Tukoganj, INDORE - 452001. 0731-2520262 / 4069162 9589050250 / 94258701269981511435

JAIPUR 327 - A, 3rd floor, Ganpati Plaza, M. I. Road, JAIPUR - 1. 0141-5112620 9460873120 / 9829098323 / 9929095005

KANPUR Jeevan Vikas, Ground Floor, 16/98, M.G. Road, KANPUR - 208001. 0512-2360240 / 3244949 7275430214 / 9451448305 /9984006600 / 9838038440 /9389052340 / 9889085736

KOLKATA Ground Floor, Hindustan Building Annexe, 4, Chittaranjan Avenue, KOLKATA - 700072. 033-22129455 / 65290605 9432128113 / 9830689965 /9432391810 / 9051068127 / 9474424374 / 9339531895 /9330662779

LUCKNOW 7th Floor, Jeevan Bhavan 2, Naval Kishore Road, Hazrat Ganj, Lucknow - 226 001 0522-2231186 / 4045203 9415060134 / 9453016072 /9415482270 / 9559431860

LUDHIANA LICMF AMC Ltd., Rm No. 102-103, 1st Fl, S.C.O. 18, Opp. Stock Exch., Feroze Gandhi Mkt, Ludhiana-141 001. 0161 - 2405805 / 2405806 9814703558 / 9915099333MADURAI LICMF AMC Ltd., 2nd Floor, LIC Bldg., Door No. 3, West Marret Street, Madurai - 625 001 0452 - 2345700 9442109039 / 9840626085MANGALORE LICMF AMC Ltd., No. 6, Gr. Floor, Popular Building, K S Rao Road, Managalore - 575 001 0824 - 2411482 9845190466 / 9980950466 /

9845758228MUMBAI - I LIC Mutual Fund, Gr. Floor, Industrial Assurance Bldg., Opp. Churchgate Station, MUMBAI - 400020. 022-22885971 / 22817162 / 63 9324543832 / 9320762764 /

9769028905 / 9820137844 / 9930957772 / 9892550455 /

9820469996MUMBAI - II 103, First Floor, A Wing, BSEL Tech Park, Opp. Vashi Railway Station, Navi Mumbai - 400 703. 022-2781 2522 9820002994 / 9702882224 /

9920417717 / 9595977222 /9930476555

NAGPUR LIC Mutual Fund AMC Limited, Jeevan Seva Bldg., Mount Road, Sadar, Nagpur - 440 001. 0712 - 2542497 9422113800 / 9975724030 /9422728151

NASHIK Shop No.2, Ground Floor, Rajvee Enclave, New Pandit Colony, NASHIK - 422002. 0253-2579507 9922996155 / 9823366379 /9595075700

NEW DELHI 7th Floor, Jeevan Prakash, 25 K.G. Marg, NEW DELHI - 110001. 011-23359190/23314396 9716481681 / 9818610867 / 9818630124 / 9818191263 /9891736008 / 9871814850 /9999340088 / 9971672830

PATNA Ground floor, Jeevan Jyothi Bldg. Exhibition Road, PATNA - 800001. 0612-2501157/6452757 9431447848 / 9431023274 /9472082999

PUNE C/o LIC of India, Pune D.O.-I,6/7, Shivaji Nagar,University Road, Pune - 411 005 020 - 25537301 9822474487 / 9325523480 /9767868611

RAIPUR SF-22-23, Millennium Plaza, Near Indian Coffee House, G.E. Road, RAIPUR - 492001 C.G. 0771-2236780/4051137 9329731077 / 9329100009 /9407646661

RANCHI Narsaria Tower, 2nd Floor, Opp. Lalpur Police Station, Post Lalpur, RANCHI -834001. 0651-2206372 9470524099 / 9835197681 /9835708803

AHMEDABAD - 380006. 079-26588301 / 65431989 9375090006 / 9924403147 /

Mobile No. Mobile No. Mobile No. Mobile No.AGRA : 9927888854AHMEDNAGAR : 9422238925AJMER : 9829077674ALAPUZHA : 9447367160ALLAHABAD : 9918971258AMRAVATI : 9372941955AMRITSAR : 9814299747AURANGABAD : 9923797207BANKURA : 9378330300BEHRAMPORE : 9861546580BELGAUM : 9916140315BELLARY : 9916013299BILASPUR : 9302606248BHAGALPUR : 9431609765BHILAI : 9303808855BHILWARA : 9829287273BHOPAL : 9302441980BHUJ : 9377713665BIKANER : 9829791132BOKARO : 9955189443BURDWAN : 9831712244CALICUT : 9349739890CHANDIGARH : 9316065681CHANDRAPUR : 9372941955

BUSINESS CENTREName of Place Name of Place Name of Place Name of Place

AREA OFFICES

COIMBATORE : 95009989499524562737

DALTONGANJ : 9162780200DAVANGERE : 9900026952DEOGHAR : 9430155378DHANBAD : 9835334495GAYA : 9470854005GORAKHPUR : 9336833448GULBARGA : 9900144196GWALIOR : 9406586454HALDWANI : 9839976747HASSAN : 9986125091JABALPUR : 9407606313JAGDALPUR : 9303354452JALGAON : 9422211343JAMMU : 9419213201JAMSHEDPUR : 9234620669JALPAIGURI : 9800577663JHANSI : 9760016559JODHPUR : 9829947974KARIMNAGAR : 9000444853KARWAR : 9845190466KHARAGPUR : 9832010008KOLHAPUR : 9822851948

KOTA : 9829905879KOTTAYAM : 9656010033MADGAON : 9673682722MADIKERI : 9901595891MALDA : 9836237434MANDI : 9817232224MEERUT : 9319267811MEHSANA : 9979533536MORADABAD : 9454993170MYSORE : 9986117183MUZAFFARPUR : 9431813155NANDED : 9822203503NELLORE : 9000444854NOIDA : 9811108744PANIPAT : 9996006023PONDHICHERRY : 7708007363RAICHUR : 7829913696RAJAHMUNDRY : 9000171857RAJKOT : 9898733233SAHARANPUR : 9896455020SALEM : 9944744424SAMBALPUR : 9937040031SATARA : 9423192029SATNA : 9300757593

SHAHDOL : 9303822916SHILLONG : 9435787838SHIMLA : 9318960005SHIMOGA : 9902007686SURAT : 9978862626

9925027406SILIGURI : 9883096767THANE : 9320180806THRISSUR : 9388110220TIRUNELVELI : 9655505105TRICHY : 9842524130TRIVANDRUM : 9388088066UDAIPUR : 9784011432UDUPI : 9611111028VADODARA : 9327494916VAPI : 9377566652VARANASI : 9336501004VISHAKHAPATNAM : 9000444851VIJAYWADA : 9000444856WARANGAL : 9000171858

9

March, 2011

Risk Factors: Mutual Fund and Securities Investments are subject to market risks and there is no assurance and no guarantee that

the objectives of the Mutual Fund will be achieved. As with any investment in stocks and shares, the NAV of the units issued under

the scheme can go up or down depending on the factors and forces affecting the capital markets. Past performance of the Sponsor /

AMC / Mutual Fund does not indicate the future performances of the schemes of the Mutual Fund. The Sponsor is not responsible for or liable to any

loss resulting from the operations of the scheme beyond their initial contribution of Rs.2 Cr towards the setting up of the Mutual Fund. The NAV of

the units of the scheme may be affected by changes in general level of interest rates. Please read the Scheme Information

Document, Statement of Additional Information carefully before investing. Copy of the SID, SAI, KIM and Application Form may be

obtained from our Offices / Website / R&T Agent. Statutory Details: LIC Mutual Fund has been set up as a Trust sponsored by Life

Insurance Corporation of India. LIC Mutual Fund Asset Management Company Ltd. is the Investment Manager to the Fund.

licmf factsheet march 11 fund/mf-fundfact-sheet/licmf... · 2011-03-14 · licmf unit linked...

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