LIC MF Infrastructure Fund Direct Growth
Equity
Direct
Equity - Infrastructure
NAV as on 19-11-2024
₹ 55.54
▲1.5%
1D
Inception Returns
17.2%
/yr
About LIC MF Infrastructure Fund Direct Growth
LIC MF Infrastructure Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Yogesh Patil. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Infrastructure Fund Direct Growth has ₹786 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.1.
Returns
LIC MF Infrastructure Fund Direct Growth has given a CAGR return of 17.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 58.60%, 31.30% and 28.46% respectively.
Holdings
LIC MF Infrastructure Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Utilities, Consumer Cyclical, Financial Services, Tech, Real Estate, Communication, Health, Energy. Its top holdings are Garware Hi-Tech Films Ltd, Shakti Pumps (India) Ltd, Schneider Electric Infrastructure Ltd, Cummins India Ltd, REC Ltd
Taxation
As it is a equity - infrastructure 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 Infrastructure Fund Direct Growth
The investment objective of the scheme is to generate long-term growth from a portfolio of equity / equity related instruments of companies engaged either directly or indirectly in the infrastructure sector. However, there is no assurance that the investment objective of the Schemes 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 Infrastructure Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
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3185 people have invested ₹ 4Cr in LIC MF Infrastructure Fund Direct Growth in the last three months
INDmoney Rank for LIC MF Infrastructure Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
LIC MF Infrastructure Fund Direct Growth Overview
| Expense ratio | 1.1% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹786 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 49.64% |
| 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 (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Small cap
53.5%
Mid cap
21%
Large cap
19.1%
Sector Allocation
Industrial
55.5%
Basic Materials
12%
Utilities
7.5%
Consumer Cyclical
7.4%
Financial Services
6.4%
Tech
3.2%
Real Estate
2.7%
Communication
2.3%
Health
1.9%
Energy
1.2%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -3.13% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 3.39% in Oct'24
- AUM of the fund stands at 786.1 Cr as of Oct'24
- AUM increased by 36 Cr between Oct'24 and Sep'24
Top Stocks bought last month
REC Ltd's allocation increased from 2.09% to 2.88%
TD Power Systems Ltd's allocation increased from 1.41% to 2.03%
Texmaco Rail & Engineering Ltd's allocation increased from 1.99% to 2.46%
Top Stocks sold last month
Schneider Electric Infrastructure Ltd's allocation decreased from 3.53 % to 3.25 %
Cummins India Ltd's allocation decreased from 3.32 % to 2.95 %
Bharat Bijlee Ltd's allocation decreased from 4.79 % to 2.79 %
Small Cap allocation has gone down from 54.6% to 53.5%
Mid Cap allocation has gone down from 23.1% to 21%
Large Cap allocation has gone down from 19.3% to 19.1%
Cash allocation has gone up from 2.6% to 5.2%
Top 3 Sectors in October were Industrial, Basic Materials & Consumer Cyclical
Oct'24
Industrial
55%
Basic Materials
12%
Utilities
7%
Sep'24
Industrial
55%
Basic Materials
12%
Consumer Cyclical
8%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Kirloskar Pneumatic Company Ltd | 10.4% |
 GE Vernova T&D India Ltd | 7.3% |
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Yogesh Patil
Fund Manager of LIC MF Infrastructure Fund Direct Growth, since 18 September 2020
Top funds managed
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
Over the last 6 months, this fund has experienced a 193.4% growth in AUM moving from 267.88 Cr to 786.09 Cr.
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 1.1% which is lower than the category average expense ratio of 1.5%.
In the last 3 years, ICICI Prudential Infrastructure Fund Direct Plan Growth has given 31.82% return, outperforming this fund by 0.51% per annum.
Over the last 1 month, this fund has decreased expense ratio by 20.3% moving from 1.38 to 1.10.
In the last 1 year, this fund has outperformed all funds in its category.
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 34.8% return, outperforming this fund by 6.34% per annum.
LIC MF Infrastructure 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 17.2% since inception which is more than its category average return of 13.98%
Fund Allocations
This fund has an allocation of 94.77% in Equity, 0% in Debt and 5.23% in Cash related instruments
AUM size ₹786 Cr
This fund has AUM of ₹786 Cr which is less than its category average of ₹ 1981 Cr
Expense Ratio 1.1%
This fund has an expense ratio of 1.1% which is less than its category average expense ratio of 1.69%
Frequently Asked Questions for LIC MF Infrastructure Fund Direct Growth
The current NAV of LIC MF Infrastructure Fund Direct Growth is ₹55.54 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
LIC MF Infrastructure Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5% | -5% |
6 Month Returns | 10.6% | 10.6% |
1 Year Returns | 58.6% | 58.6% |
3 Years Returns | 126.36% | 31.3% |
5 Years Returns | 249.8% | 28.46% |
With INDmoney, the process of investing is very simple and involves zero commission.
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1.1% as on October 2024
₹786 Cr as on October 2024
Garware Hi-Tech Films Ltd(4.49%), Shakti Pumps (India) Ltd(3.73%), Schneider Electric Infrastructure Ltd(3.25%), Cummins India Ltd(2.95%), REC Ltd(2.88%) as on October 2024
Industrial(52.56%), Basic Materials(11.34%), Utilities(7.08%) as on October 2024
The alpha ratio for the LIC MF Infrastructure Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Infrastructure Fund Direct Growth | 27.23 | 13.38 | 6.66 |
As on October 2024
The alpha for LIC MF Infrastructure 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 Infrastructure Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Infrastructure Fund Direct Growth | 0.67 | 0.72 | 0.94 |
As on October 2024
The Beta for LIC MF Infrastructure 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 Infrastructure 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 Infrastructure Fund Direct Growth | 3 | 1.71 | 1.12 |
As on October 2024
The sharpe ratio for LIC MF Infrastructure 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 Infrastructure 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 Infrastructure Fund Direct Growth | 16.48 | 14.28 | 20.83 |
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 4.67 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.18 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Yogesh Patil is the fund manager of LIC MF Infrastructure Fund Direct Growth
The Exit load of LIC MF Infrastructure Fund Direct Growth is 1%