LIC MF Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 21-02-2025
₹ 95.96
1D
Inception Returns
10.9%
/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 Nikhil Rungta. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Flexi Cap Fund Direct Growth has ₹992 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 1.3.
Returns
LIC MF Flexi Cap Fund Direct Growth has given a CAGR return of 10.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.61%, 11.40% and 12.07% respectively.
Holdings
LIC MF Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Basic Materials, Consumer Defensive, Health, Tech, Utilities, Real Estate, Communication, Energy. Its top holdings are HDFC Bank Ltd, State Bank of India, JTL Industries Ltd, Maruti Suzuki India Ltd, Piramal Pharma Ltd
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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
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
Absolute
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146 people have invested ₹ 9.3L 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
19
/20
27% Performance
30% Risk Management
0% Cost
19 out of 20 among flexi cap
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk
LIC MF Flexi Cap Fund Direct Growth Overview
| Expense ratio | 1.25% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹992 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 146.57% |
| 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 |
Trailing Returns
as on (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
Small cap
43.2%
Large cap
35.9%
Mid cap
12%
Sector Allocation
Financial Services
19.4%
Consumer Cyclical
19.3%
Industrial
17.4%
Basic Materials
10%
Consumer Defensive
9.3%
Health
7.2%
Tech
7.1%
Utilities
5.1%
Real Estate
2.7%
Communication
1.9%
Energy
0.6%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 992 Cr as of Jan'25
- AUM decreased by 70 Cr between Jan'25 and Dec'24
Top Stocks bought last month
JTL Industries Ltd's allocation increased from 1.86% to 3.47%
Sudarshan Chemical Industries Ltd's allocation increased from 1.47% to 2.32%
Kotak Mahindra Bank Ltd's allocation increased from 1.24% to 1.93%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 4.98 % to 4.12 %
Piramal Pharma Ltd's allocation decreased from 3.68 % to 3.45 %
VA Tech Wabag Ltd's allocation decreased from 3.11 % to 2.78 %
Mid Cap allocation has gone down from 13.5% to 12%
Large Cap allocation has gone up from 35% to 35.9%
Small Cap allocation has gone up from 42.8% to 43.2%
Cash allocation has gone up from 2.3% to 2.5%
Top 3 Sectors in January were Financial Services, Industrial & Consumer Cyclical
Jan'25
Financial Services
19%
Consumer Cyclical
19%
Industrial
17%
Dec'24
Financial Services
21%
Industrial
19%
Consumer Cyclical
19%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Navin Fluorine International Ltd | 7.1% |
 Maruti Suzuki India Ltd | 5.5% |
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Nikhil Rungta
Fund Manager of LIC MF Flexi Cap Fund Direct Growth, since 1 July 2024
Top funds managed
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹30.15K Cr
as on 31-Jan-2025
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
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 29.65% return, outperforming this fund by 17.46% per annum.
Over the last 1 year, this fund has decreased expense ratio by 21.4% moving from 1.59 to 1.25.
Over the last 6 months, this fund has experienced a 10.8% drop in AUM moving from 1.11K Cr to 992.01 Cr.
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 20.29% return, outperforming this fund by 17.51%.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 22.61% return, outperforming this fund by 11.32% 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 10.85% since inception which is less than its category average return of 15.31%
Fund Allocations
This fund has an allocation of 97.46% in Equity, 0% in Debt and 2.54% in Cash related instruments
AUM size ₹992 Cr
This fund has AUM of ₹992 Cr which is less than its category average of ₹ 8994 Cr
Expense Ratio 1.25%
This fund has an expense ratio of 1.25% which is less than its category average expense ratio of 1.33%
Frequently Asked Questions for LIC MF Flexi Cap Fund Direct Growth
The current NAV of LIC MF Flexi Cap Fund Direct Growth is ₹95.96 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
LIC MF Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -9.18% | -9.18% |
6 Month Returns | -14.18% | -14.18% |
1 Year Returns | 2.61% | 2.61% |
3 Years Returns | 38.26% | 11.4% |
5 Years Returns | 76.79% | 12.07% |
With INDmoney, the process of investing is very simple and involves zero commission.
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1.25% as on January 2025
₹992 Cr as on January 2025
HDFC Bank Ltd(4.12%), State Bank of India(3.57%), JTL Industries Ltd(3.47%), Maruti Suzuki India Ltd(3.45%), Piramal Pharma Ltd(3.45%) as on January 2025
Financial Services(18.94%), Consumer Cyclical(18.77%), Industrial(17%) as on January 2025
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 | 1.36 | -0.42 | -2.14 |
As on January 2025
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 | 1.16 | 0.9 | 0.84 |
As on January 2025
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 | 0.37 | 0.52 | 0.54 |
As on January 2025
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 | 14.82 | 13.33 | 16.86 |
As on January 2025
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 0.86 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Nikhil Rungta is the fund manager of LIC MF Flexi Cap Fund Direct Growth
The Exit load of LIC MF Flexi Cap Fund Direct Growth is 1%