Equity
Direct
Focused Fund
NAV as on 04-09-2024
₹ 24.53
▲0.3%
1D
Inception Returns
14.1%
/yr
LIC MF Focused Fund Direct Growth is an equity fund. This fund was started on 17 November, 2017. The fund is managed by . The fund could potentially beat inflation in the long-run.
LIC MF Focused Fund Direct Growth has given a CAGR return of 14.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 33.39%, 15.91% and 20.80% respectively.
LIC MF Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Defensive, Tech, Consumer Cyclical, Health, Basic Materials, Real Estate, Industrial, Utilities. Its top holdings are Kotak Mahindra Bank Ltd, Hindustan Unilever Ltd, HDFC Bank Ltd, Tech Mahindra Ltd, TARC Ltd Ordinary Shares
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 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 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 for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF Focused Fund Direct Growth has no lock in period.
Expense ratio | 1.56% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹151 Cr |
Inception Date | 17 November, 2017 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 247.38% |
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 |
as on (04-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Consumer Defensive & Tech
LIC MF Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.34% | 2.34% |
6 Month Returns | 22.08% | 22.08% |
1 Year Returns | 33.39% | 33.39% |
3 Years Returns | 55.73% | 15.91% |
5 Years Returns | 157.27% | 20.8% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Focused Fund Direct Growth | -4.55 | -1.03 | -0.64 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Focused Fund Direct Growth | 0.96 | 0.88 | 0.9 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF Focused Fund Direct Growth | 1.89 | 0.82 | 0.86 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF Focused Fund Direct Growth | 12.25 | 12.28 | 17.42 |