LIC MF Large Cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 22-11-2024
₹ 60.45
▲2%
1D
Inception Returns
13.5%
/yr
About LIC MF Large Cap Fund Direct Growth
LIC MF Large Cap 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 Large Cap Fund Direct Growth has ₹1467 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
LIC MF Large Cap Fund Direct Growth has given a CAGR return of 13.49% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.95%, 10.34% and 14.95% respectively.
Holdings
LIC MF Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Consumer Cyclical, Tech, Energy, Utilities, Basic Materials, Communication, Health, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Larsen & Toubro Ltd
Taxation
As it is a large-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 Cap Fund Direct Growth
To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.
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 Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
258 people have invested ₹ 28.8L in LIC MF Large Cap Fund Direct Growth in the last three months
INDmoney Rank for LIC MF Large Cap Fund Direct Growth
Powered by IND quant engine
16
/19
21% Performance
44% Risk Management
26% Cost
16 out of 19 among large-cap
Beats FD returns for both 3Y & 5Y
Higher probablity of downside risk
Underperforms benchmarks during bull run
5Y returns in the bottom 25% of the category
LIC MF Large Cap Fund Direct Growth Overview
| Expense ratio | 1.01% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹1467 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 76.46% |
| 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
82.5%
Small cap
11.4%
Mid cap
2.7%
Sector Allocation
Financial Services
26.5%
Industrial
14.5%
Consumer Defensive
12.5%
Consumer Cyclical
12.2%
Tech
8%
Energy
8%
Utilities
6.5%
Basic Materials
4.4%
Communication
3.6%
Health
3.3%
Real Estate
0.4%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.22% whereas the fund’s underlying benchmark Nifty 100 returns stands at -6.79% as on Oct'24
- This fund outperformed Nifty 100 by 0.57% in Oct'24
- AUM of the fund stands at 1.5K Cr as of Oct'24
- AUM decreased by 121.5 Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 4.27% to 6.61%
State Bank of India's allocation increased from 1.69% to 3.31%
Infosys Ltd's allocation increased from 4.24% to 4.94%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 6.94 % to 6.25 %
Larsen & Toubro Ltd's allocation decreased from 4.49 % to 3.78 %
Maruti Suzuki India Ltd's allocation decreased from 4.02 % to 3.6 %
Small Cap allocation has gone down from 12.9% to 11.4%
Mid Cap allocation has gone up from 2.3% to 2.7%
Large Cap allocation has gone up from 81.7% to 82.5%
Cash allocation has gone up from 1.5% to 1.8%
Top 3 Sectors in October were Financial Services, Consumer Defensive & Consumer Cyclical
Oct'24
Financial Services
27%
Industrial
15%
Consumer Defensive
13%
Sep'24
Financial Services
24%
Consumer Defensive
14%
Consumer Cyclical
13%
See all
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Yogesh Patil
Fund Manager of LIC MF Large 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 7.6% drop in AUM moving from 1.58K Cr to 1.46K Cr.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.14% return, outperforming this fund by 5.82% per annum.
Over the last 6 months, this fund has increased expense ratio by 34.7% moving from 0.75 to 1.01.
In the last 1 year, Invesco India largecap Fund Direct Plan Growth has given 31.92% return, outperforming this fund by 9.42%.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 19.21% return, outperforming this fund by 10.44% per annum.
LIC MF Large 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 13.49% since inception which is more than its category average return of 13.12%
Fund Allocations
This fund has an allocation of 98.18% in Equity, 0% in Debt and 1.82% in Cash related instruments
AUM size ₹1467 Cr
This fund has AUM of ₹1467 Cr which is less than its category average of ₹ 6986 Cr
Expense Ratio 1.01%
This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions for LIC MF Large Cap Fund Direct Growth
The current NAV of LIC MF Large Cap Fund Direct Growth is ₹60.45 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
LIC MF Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.49% | -2.49% |
6 Month Returns | 6.1% | 6.1% |
1 Year Returns | 24.95% | 24.95% |
3 Years Returns | 34.34% | 10.34% |
5 Years Returns | 100.67% | 14.95% |
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1.01% as on October 2024
₹1467 Cr as on October 2024
HDFC Bank Ltd(10.18%), ICICI Bank Ltd(6.61%), Reliance Industries Ltd(6.25%), Infosys Ltd(4.94%), Larsen & Toubro Ltd(3.78%) as on October 2024
Financial Services(26.06%), Industrial(14.25%), Consumer Defensive(12.3%) as on October 2024
The alpha ratio for the LIC MF Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Large Cap Fund Direct Growth | 1.02 | -1.88 | -0.4 |
As on October 2024
The alpha for LIC MF Large Cap Fund Direct Growth is calculated against S&P BSE 100 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 Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Large Cap Fund Direct Growth | 0.94 | 0.93 | 0.88 |
As on October 2024
The Beta for LIC MF Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 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 Cap Fund Direct Growth | 1.77 | 0.39 | 0.62 |
As on October 2024
The sharpe ratio for LIC MF Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 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 Cap Fund Direct Growth | 12.65 | 12.81 | 16.99 |
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 0.63 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 Cap Fund Direct Growth
The Exit load of LIC MF Large Cap Fund Direct Growth is 1%