LIC MF Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 21-11-2024
₹ 105.66
▲0.8%
1D
Inception Returns
12.1%
/yr
About LIC MF Flexi Cap Fund Direct Growth
LIC MF Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Flexi Cap Fund Direct Growth has ₹1067 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.4.
Returns
LIC MF Flexi Cap Fund Direct Growth has given a CAGR return of 12.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.60%, 13.48% and 15.32% respectively.
Holdings
LIC MF Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Consumer Defensive, Tech, Health, Basic Materials, Utilities, Real Estate, Communication, Energy. Its top holdings are HDFC Bank Ltd, Piramal Pharma Ltd, VA Tech Wabag Ltd, ICICI Bank Ltd, State Bank of India
Taxation
As it is a flexi cap 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 Flexi Cap Fund Direct Growth
The main investment objective of the scheme is to provide capital growth by investing across Large, Mid & Small Cap stocks. The investment portfolio of the scheme will be constantly monitored and reviewed to optimise capital growth. However, there is no assurance that the investment objective of the Schemes 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 Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
122 people have invested ₹ 9.5L in LIC MF Flexi Cap Fund Direct Growth in the last three months
INDmoney Rank for LIC MF Flexi Cap Fund Direct Growth
Powered by IND quant engine
17
/20
27% Performance
40% Risk Management
0% Cost
17 out of 20 among flexi cap
Beats FD returns for both 3Y & 5Y
5Y returns in the bottom 25% of the category
Smaller AUM within category
LIC MF Flexi Cap Fund Direct Growth Overview
| Expense ratio | 1.35% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1067 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 146.57% |
| 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 (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
41.4%
Small cap
39.6%
Mid cap
14.4%
Sector Allocation
Financial Services
25.8%
Consumer Cyclical
17.8%
Industrial
13.7%
Consumer Defensive
11.6%
Tech
9.6%
Health
7.6%
Basic Materials
5.4%
Utilities
4.7%
Real Estate
2.8%
Communication
0.5%
Energy
0.4%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -5.59% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.93% in Oct'24
- AUM of the fund stands at 1.1K Cr as of Oct'24
- AUM decreased by 337.1 Cr between Oct'24 and Sep'24
Top Stocks bought last month
State Bank of India's allocation increased from 1.44% to 3.01%
Piramal Pharma Ltd's allocation increased from 3.37% to 4.2%
Navkar Corp Ltd's allocation increased from 0.76% to 1.5%
Top Stocks sold last month
Maruti Suzuki India Ltd's allocation decreased from 2.74 % to 2.44 %
Hindustan Unilever Ltd's allocation decreased from 3.58 % to 2.31 %
JTL Industries Ltd's allocation decreased from 2.09 % to 1.86 %
Small Cap allocation has gone down from 40.2% to 39.6%
Mid Cap allocation has gone down from 15.6% to 14.4%
Large Cap allocation has gone up from 40.3% to 41.4%
Cash allocation has gone up from 2.3% to 2.7%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
Oct'24
Financial Services
26%
Consumer Cyclical
18%
Industrial
14%
Sep'24
Financial Services
23%
Consumer Cyclical
17%
Industrial
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.02% | 0% | |
 Piramal Pharma Ltd | 4.2% | 0% | |
 VA Tech Wabag Ltd | 3.44% | 0% | |
 ICICI Bank Ltd | 3.17% | 100% | |
 State Bank of India | 3.01% | 88% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Piramal Pharma Ltd | 9.9% |
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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 year, this fund has decreased expense ratio by 15.6% moving from 1.60 to 1.35.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 24.82% return, outperforming this fund by 11.34% per annum.
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 46.25% return, outperforming this fund by 20.65%.
Over the last 1 month, this fund has experienced a 24.0% drop in AUM moving from 1.40K Cr to 1.06K Cr.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 32.32% return, outperforming this fund by 17% per annum.
LIC MF Flexi Cap 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 12.06% since inception which is less than its category average return of 18.73%
Fund Allocations
This fund has an allocation of 97.31% in Equity, 0% in Debt and 2.69% in Cash related instruments
AUM size ₹1067 Cr
This fund has AUM of ₹1067 Cr which is less than its category average of ₹ 8754 Cr
Expense Ratio 1.35%
This fund has an expense ratio of 1.35% which is more than its category average expense ratio of 1.34%
Frequently Asked Questions for LIC MF Flexi Cap Fund Direct Growth
The current NAV of LIC MF Flexi Cap Fund Direct Growth is ₹105.66 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
LIC MF Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.51% | -6.51% |
6 Month Returns | 7.65% | 7.65% |
1 Year Returns | 25.6% | 25.6% |
3 Years Returns | 46.14% | 13.48% |
5 Years Returns | 103.95% | 15.32% |
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.
1.35% as on October 2024
₹1067 Cr as on October 2024
HDFC Bank Ltd(7.02%), Piramal Pharma Ltd(4.2%), VA Tech Wabag Ltd(3.44%), ICICI Bank Ltd(3.17%), State Bank of India(3.01%) as on October 2024
Financial Services(25.13%), Consumer Cyclical(17.34%), Industrial(13.34%) as on October 2024
The alpha ratio for the LIC MF Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Flexi Cap Fund Direct Growth | 0.31 | 0.67 | -1.09 |
As on October 2024
The alpha for LIC MF Flexi Cap 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Flexi Cap Fund Direct Growth | 0.94 | 0.88 | 0.83 |
As on October 2024
The Beta for LIC MF Flexi Cap 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 Flexi Cap 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 Flexi Cap Fund Direct Growth | 1.82 | 0.73 | 0.68 |
As on October 2024
The sharpe ratio for LIC MF Flexi Cap 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 Flexi Cap 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 Flexi Cap Fund Direct Growth | 13.36 | 12.72 | 16.48 |
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 1.29 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of LIC MF Flexi Cap Fund Direct Growth is 1%