LIC MF Focused Fund Direct Growth
NAV as on 23-04-2025
₹ 22.84
▲0.5%
1D
Inception Returns
11.8%
/yr
Historical NAV & Returns
Absolute
▲
▼
45 people have invested ₹ 65.9K in LIC MF Focused Fund Direct Growth in the last three months
About LIC MF Focused Fund Direct Growth
LIC MF Focused Fund Direct Growth is an equity fund. This fund was started on 17 November, 2017. The fund is managed by Sumit Bhatnagar. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Focused Fund Direct Growth has ₹127 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.6.
Returns
LIC MF Focused Fund Direct Growth has given a CAGR return of 11.76% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.87%, 12.91% and 21.16% respectively.
Holdings
LIC MF Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Defensive, Health, Basic Materials, Consumer Cyclical, Real Estate. Its top holdings are Kotak Mahindra Bank Ltd, Tata Consumer Products Ltd, Quadrant Future Tek Ltd, Tata Consultancy Services Ltd, Artemis Medicare Services Ltd Ordinary Shares
Taxation
As it is a focused fund 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 Focused Fund Direct Growth
The investment objective of the Scheme is to provide long term capital appreciation by investing in concentrated portfolio of large cap focused equity and equity related instruments of up to 30 companies and balance in debt and money market instruments. However there can be no assurance that the investment objective of 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 Focused Fund Direct Growth has no lock in period.
LIC MF Focused Fund Direct Growth Overview
| Expense ratio | 1.61% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹127 Cr |
| Inception Date | 17 November, 2017 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 247.38% |
| 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 |
INDmoney Rank for LIC MF Focused Fund Direct Growth
Powered by IND quant engine
17
/19
30% Performance
35% Risk Management
0% Cost
17 out of 19 among focused fund
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
3Y returns in the bottom 25% of the category
Trailing Returns
as on (23-Apr-25)
Fund Distribution
as on (31-Mar-25)
Small cap
40%
Large cap
32.9%
Mid cap
14.3%
Sector Allocation
Financial Services
30.6%
Industrial
23.1%
Tech
15.5%
Consumer Defensive
9.5%
Health
8.6%
Basic Materials
4.8%
Consumer Cyclical
4.7%
Real Estate
3.2%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 5.85% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 1.40% in Mar'25
- AUM of the fund stands at 127.2 Cr as of Mar'25
- AUM increased by 6 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Allied Blenders and Distillers Ltd's allocation increased from 1.01% to 3.05%
Tata Consultancy Services Ltd's allocation increased from 4.18% to 5.71%
Tube Investments of India Ltd Ordinary Shares's allocation increased from 1.15% to 2.23%
Top Stocks sold last month
Kotak Mahindra Bank Ltd's allocation decreased from 9.3 % to 8.34 %
Tata Consumer Products Ltd's allocation decreased from 5.93 % to 5.88 %
Shriram Finance Ltd's allocation decreased from 4.89 % to 4.38 %
Large Cap allocation has gone down from 43.7% to 32.9%
Small Cap allocation has gone up from 33.7% to 40%
Mid Cap allocation has gone down from 15.2% to 14.3%
Cash allocation has gone up from 1.8% to 6.4%
Top 3 Sectors in March were Financial Services, Industrial & Tech
Mar'25
Financial Services
31%
Industrial
23%
Tech
16%
Feb'25
Financial Services
41%
Industrial
18%
Tech
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Kotak Mahindra Bank Ltd | 8.34% | -17.5% | |
 Tata Consumer Products Ltd | 5.88% | 0% | |
 Quadrant Future Tek Ltd | 5.84% | 0% | |
 Tata Consultancy Services Ltd | 5.71% | 38.4% | |
 Artemis Medicare Services Ltd Ordinary Shares | 4.79% | 13.2% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
LIC MF Focused Fund Direct Growth | 10.87% | 12.91% | 21.16% | 11.76% |
 HDFC Focused 30 Fund -Direct Plan - Growth Option | 19.56% | 24.92% | 32.42% | 16.05% |
 Invesco India Focused Fund Direct Growth | 14.98% | 23.4% | - | 26.22% |
 SBI Focused Equity Fund Direct Plan Growth | 14.5% | 14.59% | 22.76% | 15.88% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Artemis Medicare Services Ltd | 11.2% |
 Kotak Mahindra Bank Ltd | 4.3% |
Loading...
We are taking more time than usual
Sumit Bhatnagar
Fund Manager of LIC MF Focused Fund Direct Growth, since 1 July 2024
Top funds managed
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹29.68K Cr
as on 31-Mar-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
Over the last 3 months, this fund has increased expense ratio by 3.2% moving from 1.56 to 1.61.
In the last 5 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 32.42% return, outperforming this fund by 11.26% per annum.
In the last 1 year, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 19.56% return, outperforming this fund by 8.69%.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 24.92% return, outperforming this fund by 12.01% per annum.
Over the last 6 months, this fund has experienced a 17.5% drop in AUM moving from 154.22 Cr to 127.19 Cr.
LIC MF Focused 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 11.76% since inception which is less than its category average return of 15.56%
Fund Allocations
This fund has an allocation of 93.56% in Equity, 0% in Debt and 6.44% in Cash related instruments
AUM size ₹127 Cr
This fund has AUM of ₹127 Cr which is less than its category average of ₹ 4979 Cr
Expense Ratio 1.61%
This fund has an expense ratio of 1.61% which is more than its category average expense ratio of 1.45%
Most Popular Comparisons
- Compare
LIC MF Focused FundVs
SBI Focused Equity Fund Direct Growth
- Compare
- LIC MF Focused FundVs
HDFC Focused 30 Fund Direct Growth
- Compare
- LIC MF Focused FundVs
Axis Focused Fund Direct Growth
- Compare
- LIC MF Focused FundVs
Franklin India Focused Equity Fund Direct Growth
- Compare
- LIC MF Focused FundVs
Invesco India Focused Fund Direct Growth
More funds from LIC
5Y CAGR
▲ 34.12
5Y CAGR
▲ 27.04
5Y CAGR
▲ 33.66
5Y CAGR
▲ 27.39
5Y CAGR
▲ 19.59
Frequently Asked Questions for LIC MF Focused Fund Direct Growth
The current NAV of LIC MF Focused Fund Direct Growth is ₹22.84 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
LIC MF Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.46% | 6.46% |
6 Month Returns | -2.69% | -2.69% |
1 Year Returns | 10.87% | 10.87% |
3 Years Returns | 43.93% | 12.91% |
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.
1.61% as on March 2025
₹127 Cr as on March 2025
Kotak Mahindra Bank Ltd(8.34%), Tata Consumer Products Ltd(5.88%), Quadrant Future Tek Ltd(5.84%), Tata Consultancy Services Ltd(5.71%), Artemis Medicare Services Ltd Ordinary Shares(4.79%) as on March 2025
Financial Services(28.66%), Industrial(21.62%), Tech(14.51%) as on March 2025
The alpha ratio for the LIC MF Focused Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Focused Fund Direct Growth | -0.11 | -3.36 | -2.68 |
As on March 2025
The alpha for LIC MF Focused Fund Direct Growth is calculated against Nifty 500 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 Focused Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Focused Fund Direct Growth | 1.07 | 0.92 | 0.94 |
As on March 2025
The Beta for LIC MF Focused Fund Direct Growth is calculated with Nifty 500 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 Focused 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 Focused Fund Direct Growth | 0.04 | 0.26 | 1.01 |
As on March 2025
The sharpe ratio for LIC MF Focused Fund Direct Growth is calculated with Nifty 500 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 Focused 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 Focused Fund Direct Growth | 18.66 | 14.45 | 15.34 |
As on March 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 0.4 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sumit Bhatnagar is the fund manager of LIC MF Focused Fund Direct Growth
The Exit load of LIC MF Focused Fund Direct Growth is 1%