LIC MF Large Cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 06-09-2024
₹ 63.91
1D
Inception Returns
14.3%
/yr
About the Fund
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 ₹1576 Cr worth of assets under management (AUM) as on Jul 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 14.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 33.17%, 12.88% and 18.43% respectively.
Holdings
LIC MF Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Defensive, Industrial, Consumer Cyclical, Energy, Tech, Utilities, Basic Materials, Communication, Health. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd, Infosys Ltd, Maruti Suzuki India 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 1000.00. LIC MF Large Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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266 people have invested ₹ 11L in LIC MF Large Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
17
/19
27% Performance
42% Risk Management
24% Cost
17 out of 19 among large-cap
Beats FD returns for both 3Y & 5Y
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 0.99% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹1576 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
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 (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
81%
Small cap
10.6%
Mid cap
4.4%
Sector Allocation
Financial Services
27.4%
Industrial
14%
Consumer Defensive
13.5%
Consumer Cyclical
10.2%
Tech
9.2%
Energy
9%
Utilities
5.8%
Basic Materials
4.8%
Communication
3.1%
Health
2.9%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 4.75% whereas the fund’s underlying benchmark Nifty 100 returns stands at 3.46% as on Jul'24
- This fund outperformed Nifty 100 by 1.29% in Jul'24
- AUM of the fund stands at 1.6K Cr as of Jul'24
- AUM increased by 60.8 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 3.23% to 5.34%
Hindustan Unilever Ltd's allocation increased from 1.61% to 3.05%
Maruti Suzuki India Ltd's allocation increased from 1.84% to 3.24%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.41 % to 7.94 %
Reliance Industries Ltd's allocation decreased from 8.05 % to 6.23 %
ICICI Bank Ltd's allocation decreased from 7.63 % to 3.58 %
Cash allocation has gone up from 1.5% to 2.2%
Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical
Jul'24
Financial Services
27%
Industrial
14%
Consumer Defensive
14%
Jun'24
Financial Services
36%
Industrial
12%
Consumer Cyclical
11%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 33.5% |
Allied Blenders & Distillers Ltd | 22.3% |
 JTL Industries Ltd | 17.6% |
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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
₹23.19K Cr
as on 31-Jul-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
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 24.38% return, outperforming this fund by 5.46% per annum.
Over the last 3 months, this fund has increased expense ratio by 32.0% moving from 0.75 to 0.99.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 23.59% return, outperforming this fund by 10.21% per annum.
Over the last 1 month, this fund has experienced a 4.1% growth in AUM moving from 1.51K Cr to 1.57K Cr.
In the last 1 year, Quant Large Cap Fund Direct Growth has given 46.99% return, outperforming this fund by 12.03%.
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 14.3% since inception which is less than its category average return of 14.39%
Fund Allocations
This fund has an allocation of 98.35% in Equity, 0% in Debt and 1.65% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 6992 Cr
Expense Ratio 0.99%
This fund has an expense ratio of 0.99% which is less than its category average expense ratio of 1.28%
Frequently Asked Questions
The current NAV of LIC MF Large Cap Fund Direct Growth is ₹63.91 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
LIC MF Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.5% | 4.5% |
6 Month Returns | 16.43% | 16.43% |
1 Year Returns | 33.17% | 33.17% |
3 Years Returns | 43.84% | 12.88% |
5 Years Returns | 132.98% | 18.43% |
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0.99% as on August 2024
₹1576 Cr as on August 2024
HDFC Bank Ltd(9.03%), Reliance Industries Ltd(7.15%), Larsen & Toubro Ltd(4.56%), Infosys Ltd(4.43%), Maruti Suzuki India Ltd(3.8%) as on August 2024
Financial Services(24.17%), Consumer Defensive(13.74%), Industrial(13.68%) as on August 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 | 0.19 | -1.44 | 0.13 |
As on August 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 | 0.96 | 0.94 | 0.89 |
As on August 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 | 2.46 | 0.66 | 0.8 |
As on August 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 | 10.39 | 12.11 | 16.78 |
As on August 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 1.15 as on August 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%