LIC MF Dividend Yield Fund Direct Growth
Equity
Direct
Dividend Yield
NAV as on 22-11-2024
₹ 31.88
▲1.5%
1D
Inception Returns
21.6%
/yr
About LIC MF Dividend Yield Fund Direct Growth
LIC MF Dividend Yield Fund Direct Growth is an equity fund. This fund was started on 21 December, 2018. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Dividend Yield Fund Direct Growth has ₹437 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Returns
LIC MF Dividend Yield Fund Direct Growth has given a CAGR return of 21.62% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.98%, 21.28% and 23.96% respectively.
Holdings
LIC MF Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Basic Materials, Consumer Defensive, Tech, Utilities, Communication, Health, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, Kotak Mahindra Bank Ltd, ICICI Bank Ltd, Tata Consultancy Services Ltd, Power Finance Corp Ltd
Taxation
As it is a dividend yield 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.
Investment objective of LIC MF Dividend Yield Fund Direct Growth
The Investment objective of the Scheme is to provide long term capital appreciation and/or dividend distribution by investing predominantly in dividend yielding equity and equity related instruments. However there can be no assurance that the investment objective under the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Dividend Yield Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
284 people have invested ₹ 39.5L in LIC MF Dividend Yield Fund Direct Growth in the last three months
INDmoney Rank for LIC MF Dividend Yield Fund Direct Growth
Powered by IND quant engine
3
/6
77% Performance
34% Risk Management
0% Cost
3 out of 6 among dividend yield
Outperformed benchmarks during bull run
Beats FD returns for both 3Y & 5Y
Smaller AUM within category
LIC MF Dividend Yield Fund Direct Growth Overview
| Expense ratio | 1.22% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹437 Cr |
| Inception Date | 21 December, 2018 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 456.7% |
| STCG | Redeeming 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 |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
47.2%
Small cap
37.1%
Mid cap
12.1%
Sector Allocation
Financial Services
23.5%
Consumer Cyclical
15.3%
Industrial
14.7%
Basic Materials
11.5%
Consumer Defensive
10.3%
Tech
9.2%
Utilities
6.4%
Communication
3.6%
Health
2.3%
Energy
1.7%
Real Estate
1.6%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.20% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.32% in Oct'24
- AUM of the fund stands at 436.1 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
Himatsingka Seide Ltd's allocation increased from 0.77% to 1.82%
HDFC Bank Ltd's allocation increased from 3.92% to 4.66%
ICICI Bank Ltd's allocation increased from 2.29% to 3.03%
Top Stocks sold last month
Saregama India Ltd's allocation decreased from 2.4 % to 2.16 %
IndusInd Bank Ltd's allocation decreased from 2.43 % to 2.04 %
NTPC Ltd's allocation decreased from 2.22 % to 2.04 %
Mid Cap allocation has gone down from 12.5% to 12.1%
Large Cap allocation has gone down from 49.1% to 47.2%
Small Cap allocation has gone up from 35.1% to 37.1%
Cash allocation has gone up from 1% to 1.7%
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
Oct'24
Financial Services
23%
Consumer Cyclical
15%
Industrial
15%
Sep'24
Financial Services
20%
Industrial
16%
Consumer Cyclical
16%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Garware Hi Tech Films Ltd | 21.2% |
 Himatsingka Seide Ltd | 6.9% |
 Radico Khaitan Ltd | 2.8% |
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Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹27.84K Cr
as on 31-Oct-2024
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com
Mutual Fund Insights
Over the last 1 month, this fund has decreased expense ratio by 15.9% moving from 1.45 to 1.22.
In the last 3 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 24.17% return, outperforming this fund by 4.41% per annum.
In the last 1 year, this fund has outperformed all funds in its category.
In the last 5 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 27.01% return, outperforming this fund by 3.49% per annum.
Over the last 6 months, this fund has experienced a 185.7% growth in AUM moving from 153.08 Cr to 437.39 Cr.
This fund has one of the lowest expense ratio in the category (dividend yield). Its expense ratio is 1.22% which is lower than the category average expense ratio of 1.38%.
LIC MF Dividend Yield Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 21.62% since inception which is more than its category average return of 16.08%
Fund Allocations
This fund has an allocation of 98.27% in Equity, 0% in Debt and 1.73% in Cash related instruments
AUM size ₹437 Cr
This fund has AUM of ₹437 Cr which is less than its category average of ₹ 3337 Cr
Expense Ratio 1.22%
This fund has an expense ratio of 1.22% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions for LIC MF Dividend Yield Fund Direct Growth
The current NAV of LIC MF Dividend Yield Fund Direct Growth is ₹31.88 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
LIC MF Dividend Yield Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.04% | -2.04% |
6 Month Returns | 7.88% | 7.88% |
1 Year Returns | 44.98% | 44.98% |
3 Years Returns | 78.39% | 21.28% |
5 Years Returns | 192.72% | 23.96% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.22% as on October 2024
₹437 Cr as on October 2024
HDFC Bank Ltd(4.66%), Kotak Mahindra Bank Ltd(3.2%), ICICI Bank Ltd(3.03%), Tata Consultancy Services Ltd(2.64%), Power Finance Corp Ltd(2.37%) as on October 2024
Financial Services(23.06%), Consumer Cyclical(15.04%), Industrial(14.47%) as on October 2024
The alpha ratio for the LIC MF Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Dividend Yield Fund Direct Growth | 14.18 | 5.94 | 5.85 |
As on October 2024
The alpha for LIC MF Dividend Yield Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the LIC MF Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Dividend Yield Fund Direct Growth | 1.05 | 1 | 0.83 |
As on October 2024
The Beta for LIC MF Dividend Yield Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the LIC MF Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF Dividend Yield Fund Direct Growth | 2.74 | 1.09 | 1.1 |
As on October 2024
The sharpe ratio for LIC MF Dividend Yield Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the LIC MF Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF Dividend Yield Fund Direct Growth | 14.9 | 14.43 | 16.65 |
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.06 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.48 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of LIC MF Dividend Yield Fund Direct Growth is 1%