LIC MF Healthcare Fund Direct Growth

LIC MF Healthcare Fund Direct Growth

NAV as on 21-04-2025

₹ 30.88

0.6%

1D

Inception Returns

20.1%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
124 people have invested ₹ 1.7L in LIC MF Healthcare Fund Direct Growth in the last three months

About LIC MF Healthcare Fund Direct Growth

LIC MF Healthcare Fund Direct Growth is an equity fund. This fund was started on 28 February, 2019. The fund is managed by Karan Doshi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Healthcare Fund Direct Growth has ₹83 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 1.2.

Returns

LIC MF Healthcare Fund Direct Growth has given a CAGR return of 20.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.83%, 16.88% and 19.41% respectively.

Holdings

LIC MF Healthcare Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Basic Materials. Its top holdings are Sun Pharmaceuticals Industries Ltd, Piramal Pharma Ltd, Torrent Pharmaceuticals Ltd, Artemis Medicare Services Ltd Ordinary Shares, Glenmark Pharmaceuticals Ltd

Taxation

As it is a sector - healthcare 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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of LIC MF Healthcare Fund Direct Growth

The objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Healthcare and Allied sectors. However there can be no assurance that the investment objective under 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 Healthcare Fund Direct Growth has no lock in period.

LIC MF Healthcare Fund Direct Growth Overview

Expense ratio1.22%
Benchmark
BSE Healthcare TR INR
AUM₹83 Cr
Inception Date28 February, 2019
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
414.8%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

INDmoney Rank for LIC MF Healthcare Fund Direct Growth

Powered by IND quant engine
IND ranking is not available for this fund.
img
Beats FD returns for both 3Y & 5Y duration
img
5Y returns in the bottom 25% of the category
img
3Y returns in the bottom 25% of the category

Trailing Returns

as on (21-Apr-25)

Period
LIC MF Healthcare Fund Direct Growth
Nifty 500
sector - healthcare
1M
0%
3.4%
-0.3%
3M
-1.7%
2.7%
-2%
6M
-4.3%
-5.4%
-5.3%
1Y
21.8%
7.9%
20.3%
3Y
16.9%
13.5%
18.3%
5Y
19.4%
24.4%
22.3%

Fund Distribution

as on (31-Mar-25)

  • Equity 98%

  • Debt & Cash 2%

Small cap
33.2%

Mid cap
28.7%

Large cap
26.3%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Health
93.3%
Basic Materials
6.7%
All changes are between Jan'25 and Mar'25
Mar'25
Feb'25
Jan'25
Fund Returns
8.82%
-8.94%
-6.01%
Nifty 500
7.25%
-7.88%
-4.01%
  • This fund’s returns stands at 8.82% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
  • This fund outperformed Nifty 500 by 1.57% in Mar'25
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 82.7 Cr
₹ 76.7 Cr
₹ 83.9 Cr
  • AUM of the fund stands at 82.7 Cr as of Mar'25
  • AUM increased by 6 Cr between Mar'25 and Feb'25
Top Stocks bought last month
OneSource Specialty Pharma Ltd's allocation increased from 1.91% to 3.13%
OneSource Specialty Pharma Ltd's allocation increased from 1.91% to 3.13%
Piramal Pharma Ltd's allocation increased from 5.37% to 5.9%
Piramal Pharma Ltd's allocation increased from 5.37% to 5.9%
Glenmark Pharmaceuticals Ltd's allocation increased from 4.1% to 4.59%
Glenmark Pharmaceuticals Ltd's allocation increased from 4.1% to 4.59%
Top Stocks sold last month
Artemis Medicare Services Ltd Ordinary Shares's allocation decreased from 5.15 % to 5.09 %
Artemis Medicare Services Ltd Ordinary Shares's allocation decreased from 5.15 % to 5.09 %
Cipla Ltd's allocation decreased from 4.48 % to 4.26 %
Cipla Ltd's allocation decreased from 4.48 % to 4.26 %
Divi's Laboratories Ltd's allocation decreased from 4.01 % to 3.93 %
Divi's Laboratories Ltd's allocation decreased from 4.01 % to 3.93 %
Mid Cap allocation has gone down from 28.9% to 28.7%
Mid Cap allocation has gone down from 28.9% to 28.7%
Large Cap allocation has gone down from 26.6% to 26.3%
Large Cap allocation has gone down from 26.6% to 26.3%
Small Cap allocation has gone down from 33.8% to 33.2%
Small Cap allocation has gone down from 33.8% to 33.2%
Cash allocation has gone down from 2.4% to 2%
Cash allocation has gone down from 2.4% to 2%

Top 2 Sectors in March were Health, Basic Materials

Mar'25
Health
93%
Basic Materials
7%
Feb'25
Health
93%
Basic Materials
7%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
LIC MF Healthcare Fund Direct Growth
LIC MF Healthcare Fund Direct Growth
21.83%
16.88%
19.41%
20.14%
UTI Healthcare Fund-Growth Option- Direct
UTI Healthcare Fund-Growth Option- Direct
23.99%
20.34%
23.36%
16.22%
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct Growth
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct Growth
23.74%
23.85%
26.59%
22.57%
Mirae Asset Healthcare Fund Direct Growth
Mirae Asset Healthcare Fund Direct Growth
22.11%
18.77%
24.61%
22.58%
  • Gainers

  • Losers

Top Growth Drivers
1M Return
Artemis Medicare Services Ltd
Artemis Medicare Services Ltd
7.3%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
29
28
27
Top 5 Company Concentration
30.9%
30.4%
32.8%
Company having highest exposure
Sun Pharmaceuticals Industries Ltd (10%)
Sun Pharmaceuticals Industries Ltd (9.9%)
Sun Pharmaceuticals Industries Ltd (9.9%)
No of Sectors
2
2
2
Top 5 Sectors Concentration
100%
100%
100%
Sector having highest exposure
Health (93.3%)
Health (93.2%)
Health (93.4%)
Loading...
We are taking more time than usual
Karan Doshi
Karan Doshi
Fund Manager of LIC MF Healthcare Fund Direct Growth, since 31 July 2023
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

Insights icon
In the last 5 years, ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct Growth has given 26.59% return, outperforming this fund by 7.18% per annum.
Insights icon
In the last 1 year, HDFC Pharma and Healthcare Fund Direct Growth has given 31.8% return, outperforming this fund by 9.97%.
Insights icon
In the last 3 years, SBI Healthcare Opportunities Fund Direct Growth has given 23.93% return, outperforming this fund by 7.05% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 10.2% growth in AUM moving from 75.05 Cr to 82.69 Cr.
Insights icon
This fund expense ratio is slightly on the lower side within the category (sector - healthcare). Its expense ratio is 1.22% which is lower than the category average expense ratio of 1.4%.

LIC MF Healthcare Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 20.14% since inception which is more than its category average return of 17.31%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.03% in Equity, 0% in Debt and 1.97% in Cash related instruments
AUM size ₹83 Cr

AUM size ₹83 Cr

This fund has AUM of ₹83 Cr which is less than its category average of ₹ 1821 Cr
Expense Ratio 1.22%

Expense Ratio 1.22%

This fund has an expense ratio of 1.22% which is less than its category average expense ratio of 1.44%
Most Popular Comparisons
    • LIC MF Healthcare Fund
      LIC MF Healthcare Fund
      Vs
    • Nippon India Pharma Fund Direct Growth
      Nippon India Pharma Fund Direct Growth
    Compare
    • LIC MF Healthcare Fund
      LIC MF Healthcare Fund
      Vs
    • ICICI Prudential Pharma Healthcare and Diagnostics P.H.D Fund Direct Growth
      ICICI Prudential Pharma Healthcare and Diagnostics P.H.D Fund Direct Growth
    Compare
    • LIC MF Healthcare Fund
      LIC MF Healthcare Fund
      Vs
    • SBI Healthcare Opportunities Fund Direct Growth
      SBI Healthcare Opportunities Fund Direct Growth
    Compare
    • LIC MF Healthcare Fund
      LIC MF Healthcare Fund
      Vs
    • DSP Healthcare Fund Direct Growth
      DSP Healthcare Fund Direct Growth
    Compare
    • LIC MF Healthcare Fund
      LIC MF Healthcare Fund
      Vs
    • Mirae Asset Healthcare Fund Direct Growth
      Mirae Asset Healthcare Fund Direct Growth
    Compare

Frequently Asked Questions for LIC MF Healthcare Fund Direct Growth

The current NAV of LIC MF Healthcare Fund Direct Growth is ₹30.88 as on 21-Apr-2025.
Existing (Absolute + CAGR) as on 21-Apr-2025.
LIC MF Healthcare Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.03%
0.03%
6 Month Returns
-4.32%
-4.32%
1 Year Returns
21.83%
21.83%
3 Years Returns
59.65%
16.88%
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.
1.22% as on March 2025
₹83 Cr as on March 2025
Sun Pharmaceuticals Industries Ltd(10.03%), Piramal Pharma Ltd(5.9%), Torrent Pharmaceuticals Ltd(5.29%), Artemis Medicare Services Ltd Ordinary Shares(5.09%), Glenmark Pharmaceuticals Ltd(4.59%) as on March 2025
The alpha ratio for the LIC MF Healthcare Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Healthcare Fund Direct Growth
2.26
-1.35
-2.12
As on March 2025
The alpha for LIC MF Healthcare Fund Direct Growth is calculated against BSE Healthcare 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 Healthcare Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Healthcare Fund Direct Growth
0.94
0.93
0.94
As on March 2025
The Beta for LIC MF Healthcare Fund Direct Growth is calculated with BSE Healthcare 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 Healthcare 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 Healthcare Fund Direct Growth
0.72
0.69
0.97
As on March 2025
The sharpe ratio for LIC MF Healthcare Fund Direct Growth is calculated with BSE Healthcare 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 Healthcare 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 Healthcare Fund Direct Growth
19.6
16.51
19.15
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 1.18 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Karan Doshi is the fund manager of LIC MF Healthcare Fund Direct Growth
The Exit load of LIC MF Healthcare Fund Direct Growth is 1%