LIC MF Large & Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 22-11-2024
₹ 43.51
1D
Inception Returns
16.1%
/yr
About LIC MF Large & Mid Cap Fund Direct Growth
LIC MF Large & Mid Cap Fund Direct Growth is an equity fund. This fund was started on 25 February, 2015. The fund is managed by Yogesh Patil. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Large & Mid Cap Fund Direct Growth has ₹3083 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
LIC MF Large & Mid Cap Fund Direct Growth has given a CAGR return of 16.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.35%, 16.49% and 20.75% respectively.
Holdings
LIC MF Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Health, Tech, Consumer Defensive, Energy, Utilities, Communication, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Trent Ltd, Shakti Pumps (India) Ltd, Garware Hi-Tech Films Ltd
Taxation
As it is a large & mid-cap 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 Large & Mid Cap Fund Direct Growth
To generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of large cap and midcap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Large & Mid Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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930 people have invested ₹ 52.7L in LIC MF Large & Mid Cap Fund Direct Growth in the last three months
INDmoney Rank for LIC MF Large & Mid Cap Fund Direct Growth
Powered by IND quant engine
12
/21
56% Performance
47% Risk Management
78% Cost
12 out of 21 among large & mid-cap
Recovers losses quickly
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
LIC MF Large & Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.59% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹3083 Cr |
| Inception Date | 25 February, 2015 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 46.39% |
| 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 (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
40.8%
Mid cap
38.1%
Small cap
18.4%
Sector Allocation
Financial Services
26.1%
Industrial
23.5%
Consumer Cyclical
18.5%
Basic Materials
10.5%
Health
5.5%
Tech
5.3%
Consumer Defensive
3.1%
Energy
2.8%
Utilities
2%
Communication
1.6%
Real Estate
1.1%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -4.66% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -6.52% as on Oct'24
- This fund outperformed NIFTY 500 by 1.86% in Oct'24
- AUM of the fund stands at 3.1K Cr as of Oct'24
- AUM decreased by 152.2 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Tata Power Co Ltd's allocation increased from 0.54% to 1.02%
Bharat Bijlee Ltd's allocation increased from 1.62% to 1.99%
Shakti Pumps (India) Ltd's allocation increased from 2.96% to 3.27%
Top Stocks sold last month
Trent Ltd's allocation decreased from 3.8 % to 3.57 %
Shriram Finance Ltd's allocation decreased from 2.3 % to 2.11 %
ZF Commercial Vehicle Control Systems India Ltd's allocation decreased from 2.15 % to 2.04 %
Mid Cap allocation has gone down from 39.1% to 38.1%
Large Cap allocation has gone down from 42% to 40.8%
Small Cap allocation has gone up from 17.5% to 18.4%
Cash allocation has gone up from 1.4% to 2.5%
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
Oct'24
Financial Services
26%
Industrial
23%
Consumer Cyclical
19%
Sep'24
Financial Services
26%
Industrial
23%
Consumer Cyclical
19%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.8% | 0% | |
 HDFC Bank Ltd | 4.76% | 0% | |
 Trent Ltd | 3.57% | -4.7% | |
 Shakti Pumps (India) Ltd | 3.27% | 0% | |
 Garware Hi-Tech Films Ltd | 2.67% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Garware Hi Tech Films Ltd | 21.2% |
 Global Health Ltd | 4.2% |
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Yogesh Patil
Fund Manager of LIC MF Large & Mid Cap 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 1 month, this fund has experienced a 4.7% drop in AUM moving from 3.23K Cr to 3.08K Cr.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 48.07% return, outperforming this fund by 11.72%.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 25.27% return, outperforming this fund by 8.78% per annum.
Over the last 6 months, this fund has increased expense ratio by 28.3% moving from 0.46 to 0.59.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 27% return, outperforming this fund by 6.25% per annum.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.59% which is lower than the category average expense ratio of 1.2%.
LIC MF Large & Mid Cap 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 16.14% since inception which is more than its category average return of 15.83%
Fund Allocations
This fund has an allocation of 97.46% in Equity, 0% in Debt and 2.54% in Cash related instruments
AUM size ₹3083 Cr
This fund has AUM of ₹3083 Cr which is less than its category average of ₹ 7239 Cr
Expense Ratio 0.59%
This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for LIC MF Large & Mid Cap Fund Direct Growth
The current NAV of LIC MF Large & Mid Cap Fund Direct Growth is ₹43.51 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
LIC MF Large & Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.7% | -3.7% |
6 Month Returns | 8.96% | 8.96% |
1 Year Returns | 36.35% | 36.35% |
3 Years Returns | 58.06% | 16.49% |
5 Years Returns | 156.7% | 20.75% |
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0.59% as on October 2024
₹3083 Cr as on October 2024
ICICI Bank Ltd(4.8%), HDFC Bank Ltd(4.76%), Trent Ltd(3.57%), Shakti Pumps (India) Ltd(3.27%), Garware Hi-Tech Films Ltd(2.67%) as on October 2024
Financial Services(25.45%), Industrial(22.86%), Consumer Cyclical(18.04%) as on October 2024
The alpha ratio for the LIC MF Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Large & Mid Cap Fund Direct Growth | 7.59 | 0.95 | 0.52 |
As on October 2024
The alpha for LIC MF Large & Mid Cap Fund Direct Growth is calculated against S&P BSE 200 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 Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Large & Mid Cap Fund Direct Growth | 0.95 | 0.91 | 0.89 |
As on October 2024
The Beta for LIC MF Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large & Mid Cap 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 Large & Mid Cap Fund Direct Growth | 2.36 | 0.87 | 0.89 |
As on October 2024
The sharpe ratio for LIC MF Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large & Mid Cap 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 Large & Mid Cap Fund Direct Growth | 14.2 | 13.63 | 18.18 |
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 1.67 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Yogesh Patil is the fund manager of LIC MF Large & Mid Cap Fund Direct Growth
The Exit load of LIC MF Large & Mid Cap Fund Direct Growth is 1%