LIC MF Focused Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 20-01-2025
₹ 22.64
▲0.6%
1D
Inception Returns
12%
/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 Sumit Bhatnagar. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Focused Fund Direct Growth has ₹137 Cr worth of assets under management (AUM) as on Nov 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 11.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.11%, 9.43% and 15.55% respectively.
Holdings
LIC MF Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Real Estate, Health, Basic Materials, Consumer Defensive. Its top holdings are Kotak Mahindra Bank Ltd, HDFC Bank Ltd, Tata Consumer Products Ltd, Shriram Finance 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 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
Absolute
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76 people have invested ₹ 3.7L 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
31% 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 | 1.61% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹137 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 |
Trailing Returns
as on (20-Jan-25)
Fund Distribution
as on (30-Nov-24)
Large cap
43.7%
Small cap
42.1%
Mid cap
10.4%
Sector Allocation
Financial Services
37.2%
Industrial
17.3%
Tech
11.9%
Consumer Cyclical
8.2%
Real Estate
8.1%
Health
6.9%
Basic Materials
5.3%
Consumer Defensive
5.2%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.78% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.38% in Nov'24
- AUM of the fund stands at 143.1 Cr as of Dec'24
- AUM increased by 0.4 Cr between Dec'24 and Nov'24
Top Stocks bought last month
S H Kelkar & Co Ltd's allocation increased from 1.86% to 2.64%
Biocon Ltd's allocation increased from 1.37% to 2.08%
NCC Ltd's allocation increased from 2.32% to 2.98%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8.32 % to 6.65 %
Tata Consumer Products Ltd's allocation decreased from 5.05 % to 5 %
Shriram Finance Ltd's allocation decreased from 5.11 % to 4.91 %
Mid Cap allocation has gone up from 9.2% to 10.4%
Large Cap allocation has gone down from 49.1% to 43.7%
Small Cap allocation has gone up from 36.6% to 42.1%
Cash allocation has gone down from 5.1% to 3.7%
Top 3 Sectors in December were Financial Services, Tech & Consumer Cyclical
Dec'24
Financial Services
37%
Industrial
17%
Tech
12%
Nov'24
Financial Services
40%
Tech
13%
Consumer Cyclical
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Kotak Mahindra Bank Ltd | 8.49% | 0% | |
 HDFC Bank Ltd | 5.73% | -22.5% | |
 Tata Consumer Products Ltd | 4.97% | 3.9% | |
 Shriram Finance Ltd | 4.89% | 0% | |
 Artemis Medicare Services Ltd Ordinary Shares | 4.41% | -11.1% |
See all
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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
₹29.07K Cr
as on 29-Nov-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 1 year, Invesco India Focused Fund Direct Growth has given 30.84% return, outperforming this fund by 16.73%.
In the last 5 years, ICICI Prudential Focused Equity Fund Direct Plan Growth has given 23.68% return, outperforming this fund by 8.13% per annum.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 23.23% return, outperforming this fund by 13.81% per annum.
Over the last 3 months, this fund has experienced a 10.9% drop in AUM moving from 154.22 Cr to 137.42 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 11.98% since inception which is less than its category average return of 15.85%
Fund Allocations
This fund has an allocation of 96.25% in Equity, 0% in Debt and 3.75% in Cash related instruments
AUM size ₹137 Cr
This fund has AUM of ₹137 Cr which is less than its category average of ₹ 4684 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%
Frequently Asked Questions for LIC MF Focused Fund Direct Growth
The current NAV of LIC MF Focused Fund Direct Growth is ₹22.64 as on 20-Jan-2025.
Existing (Absolute + CAGR) as on 20-Jan-2025.
LIC MF Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.96% | -3.96% |
6 Month Returns | -3.48% | -3.48% |
1 Year Returns | 14.11% | 14.11% |
3 Years Returns | 31.03% | 9.43% |
5 Years Returns | 106.02% | 15.55% |
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 December 2024
₹137 Cr as on December 2024
Kotak Mahindra Bank Ltd(8.49%), HDFC Bank Ltd(5.73%), Tata Consumer Products Ltd(4.97%), Shriram Finance Ltd(4.89%), Artemis Medicare Services Ltd Ordinary Shares(4.41%) as on December 2024
Financial Services(35.8%), Industrial(16.63%), Tech(11.43%) as on December 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 | -3.82 | -2.84 | -1.33 |
As on December 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 | 1.19 | 0.9 | 0.9 |
As on December 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 | 0.47 | 0.42 | 0.64 |
As on December 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 | 14.42 | 13.07 | 17.82 |
As on December 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 0.7 as on December 2024. 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%