Equity
Direct
Index Funds
NAV as on 23-12-2024
₹ 156.77
1D
Inception Returns
12.8%
/yr
LIC MF BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sumit Bhatnagar. The fund could potentially beat inflation in the long-run.
LIC MF BSE Sensex Index Fund Direct Growth has given a CAGR return of 12.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.54%, 12.80% and 14.24% respectively.
LIC MF BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Defensive, Consumer Cyclical, Industrial, Basic Materials, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, ITC Ltd
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The main investment objective of the fund is to generate returns commensurate with the performance of the index S&P BSE Sensex based on the plans by investing in the respective index stocks subject to tracking errors. However, there is no assurance that the investment objective of the Schemes will be realized.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF BSE Sensex Index Fund Direct Growth has no lock in period.
Expense ratio | 0.38% |
Benchmark | S&P BSE SENSEX TR INR |
AUM | ₹84 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 0.2% |
Lock In | No Lock-in |
TurnOver | 17.58% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (30-Nov-24)
Top 3 Sectors in November were Financial Services, Tech & Energy
LIC MF BSE Sensex Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 1.01% | 1.01% |
1 Year Returns | 11.54% | 11.54% |
3 Years Returns | 43.51% | 12.8% |
5 Years Returns | 94.55% | 14.24% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF BSE Sensex Index Fund Direct Growth | -0.41 | -0.37 | -0.37 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF BSE Sensex Index Fund Direct Growth | 1 | 1 | 0.99 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF BSE Sensex Index Fund Direct Growth | 1.01 | 0.56 | 0.58 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF BSE Sensex Index Fund Direct Growth | 12.2 | 12.23 | 18.51 |