LIC MF Focused Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 21-11-2024
₹ 22.3
▲0.6%
1D
Inception Returns
12.2%
/yr
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 . The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Focused Fund Direct Growth has ₹143 Cr worth of assets under management (AUM) as on Oct 2024 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 12.17% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.82%, 9.81% and 16.27% respectively.
Holdings
LIC MF Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Real Estate, Consumer Defensive, Industrial, Health, Basic Materials, Utilities. Its top holdings are HDFC Bank Ltd, Kotak Mahindra Bank Ltd, Tech Mahindra Ltd, Shriram Finance Ltd, TARC 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 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 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.
Historical NAV & Returns
Annualised
▲
▼
23 people have invested ₹ 75K in LIC MF Focused Fund Direct Growth in the last three months
INDmoney Rank for LIC MF Focused Fund Direct Growth
Powered by IND quant engine
18
/19
27% Performance
34% Risk Management
0% Cost
18 out of 19 among focused fund
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Smaller AUM within category
LIC MF Focused Fund Direct Growth Overview
| Expense ratio | 1.56% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹143 Cr |
| Inception Date | 17 November, 2017 |
| Min Lumpsum/SIP | ₹5000/₹200 |
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 |
Trailing Returns
as on (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
53.8%
Small cap
35.8%
Mid cap
6.8%
Sector Allocation
Financial Services
41.7%
Consumer Cyclical
11.2%
Tech
10.6%
Real Estate
8.6%
Consumer Defensive
8.2%
Industrial
7%
Health
6.2%
Basic Materials
5.1%
Utilities
1.3%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.94% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund underperformed Nifty 500 by 0.42% in Oct'24
- AUM of the fund stands at 154.2 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
Sai Silks (Kalamandir) Ltd's allocation increased from 1.25% to 3.14%
Tata Consultancy Services Ltd's allocation increased from 3.15% to 5.03%
NCC Ltd's allocation increased from 0.99% to 2.32%
Top Stocks sold last month
Tech Mahindra Ltd's allocation decreased from 5.58 % to 5.22 %
IndusInd Bank Ltd's allocation decreased from 3.63 % to 3.47 %
Hero MotoCorp Ltd's allocation decreased from 4.47 % to 3.35 %
Large Cap allocation has gone down from 63.8% to 53.8%
Small Cap allocation has gone up from 29.8% to 35.8%
Mid Cap allocation has gone up from 2.9% to 6.8%
Cash allocation has gone up from 3.5% to 3.5%
Top 3 Sectors in October were Financial Services, Consumer Defensive & Consumer Cyclical
Oct'24
Financial Services
42%
Consumer Cyclical
11%
Tech
11%
Sep'24
Financial Services
37%
Consumer Defensive
13%
Consumer Cyclical
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 0.8% |
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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
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 24.67% return, outperforming this fund by 14.86% per annum.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 52.77% return, outperforming this fund by 30.96%.
In the last 5 years, ICICI Prudential Focused Equity Fund Direct Plan Growth has given 24.83% return, outperforming this fund by 8.57% per annum.
Over the last 1 month, this fund has experienced a 7.5% drop in AUM moving from 154.22 Cr to 142.7 Cr.
Over the last 15 months, this fund has decreased expense ratio by 3.1% moving from 1.61 to 1.56.
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 12.17% since inception which is less than its category average return of 16.7%
Fund Allocations
This fund has an allocation of 96.48% in Equity, 0% in Debt and 3.52% in Cash related instruments
AUM size ₹143 Cr
This fund has AUM of ₹143 Cr which is less than its category average of ₹ 4697 Cr
Expense Ratio 1.56%
This fund has an expense ratio of 1.56% which is more than its category average expense ratio of 1.47%
Frequently Asked Questions for LIC MF Focused Fund Direct Growth
The current NAV of LIC MF Focused Fund Direct Growth is ₹22.3 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
LIC MF Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.26% | -7.26% |
6 Month Returns | 7.56% | 7.56% |
1 Year Returns | 21.82% | 21.82% |
3 Years Returns | 32.42% | 9.81% |
5 Years Returns | 112.48% | 16.27% |
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.
1.56% as on October 2024
₹143 Cr as on October 2024
HDFC Bank Ltd(8.32%), Kotak Mahindra Bank Ltd(7.92%), Tech Mahindra Ltd(5.22%), Shriram Finance Ltd(5.11%), TARC Ltd Ordinary Shares(5.09%) as on October 2024
Financial Services(40.21%), Consumer Cyclical(10.79%), Tech(10.26%) as on October 2024
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 | -5.39 | -2.7 | -1.38 |
As on October 2024
The alpha for LIC MF Focused 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 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 | 0.9 | 0.9 |
As on October 2024
The Beta for LIC MF Focused 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 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 | 1.36 | 0.46 | 0.68 |
As on October 2024
The sharpe ratio for LIC MF Focused 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 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 | 14.68 | 13.06 | 17.72 |
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 0.78 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of LIC MF Focused Fund Direct Growth is 1%