LIC MF Focused Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 04-09-2024
₹ 24.53
▲0.3%
1D
Inception Returns
14.1%
/yr
About the Fund
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 ₹151 Cr worth of assets under management (AUM) as on Jul 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 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.
Holdings
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
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 1000.00. LIC MF Focused Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank
Fund Overview
| 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 |
Trailing Returns
as on (04-Sep-24)
Fund Distribution
as on (31-Jul-24)
- This fund’s returns stands at 7.55% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 4.02% in Jul'24
- AUM of the fund stands at 140.8 Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top 3 Sectors in July were Financial Services, Consumer Defensive & Tech
Top Growth Drivers | 1M Return |
|---|---|
 Tech Mahindra Ltd | 13.1% |
 Artemis Medicare Services Ltd | 12.4% |
 Torrent Pharmaceuticals Ltd | 8.3% |
Mutual Fund Insights
LIC MF Focused Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 1.56%
Frequently Asked Questions
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% |
- 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.
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 |