Historical NAV & Returns
Absolute
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283 people have invested ₹ 16.5L in LIC MF Large Cap Fund Direct Growth in the last three months
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 Nikhil Rungta, Sumit Bhatnagar. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Large Cap Fund Direct Growth has ₹1379 Cr worth of assets under management (AUM) as on Mar 2025 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 13.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.76%, 11.91% and 20.43% respectively.
Holdings
LIC MF Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Energy, Utilities, Tech, Consumer Cyclical, Basic Materials, Health, Communication. 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
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.
LIC MF Large Cap Fund Direct Growth Overview
| Expense ratio | 1.02% |
Benchmark | Nifty 100 TR INR |
| AUM | ₹1379 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 76.46% |
| STCG | Selling mutual fund 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 |
INDmoney Rank for LIC MF Large Cap Fund Direct Growth
Powered by IND quant engine
19
/19
19% Performance
15% Risk Management
25% Cost
19 out of 19 among large-cap
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk
Trailing Returns
as on (21-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
81.9%
Small cap
11.5%
Mid cap
4.3%
Sector Allocation
Financial Services
31.4%
Industrial
17.1%
Consumer Defensive
8.6%
Energy
8%
Utilities
7.3%
Tech
6.7%
Consumer Cyclical
6.4%
Basic Materials
5.6%
Health
5.3%
Communication
3.7%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 7.95% whereas the fund’s underlying benchmark Nifty 100 returns stands at 6.85% as on Mar'25
- This fund outperformed Nifty 100 by 1.10% in Mar'25
- AUM of the fund stands at 1.4K Cr as of Mar'25
- AUM increased by 95.2 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 0.98% to 1.58%
Bharat Electronics Ltd's allocation increased from 2.6% to 2.96%
Blue Star Ltd's allocation increased from 0.84% to 1.15%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.78 % to 9.61 %
Reliance Industries Ltd's allocation decreased from 6.65 % to 6.38 %
Infosys Ltd's allocation decreased from 5.42 % to 4.4 %
Small Cap allocation has gone up from 11.4% to 11.5%
Mid Cap allocation has gone up from 3.9% to 4.3%
Large Cap allocation has gone down from 82.5% to 81.9%
Cash allocation has gone up from 2.2% to 2.3%
Top 3 Sectors in March were Financial Services, Industrial & Consumer Defensive
Mar'25
Financial Services
31%
Industrial
17%
Consumer Defensive
9%
Feb'25
Financial Services
30%
Industrial
15%
Consumer Defensive
9%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.61% | 0% | |
 ICICI Bank Ltd | 7.33% | 0% | |
 Reliance Industries Ltd | 6.38% | -3% | |
 Infosys Ltd | 4.4% | -6.3% | |
 Larsen & Toubro Ltd | 3.87% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 LIC MF Large Cap Fund Direct Growth | 12.76% | 11.91% | 20.43% | 13.2% |
 DSP Top 100 Equity Fund Direct Plan Growth | 18.68% | 19.63% | 24.12% | 12.99% |
 Mirae Asset Large Cap Fund Direct Plan Growth | 12.6% | 12.49% | 22.48% | 16.33% |
 ICICI Prudential Bluechip Fund Direct Plan Growth | 11.86% | 17.79% | 26.42% | 16.05% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 7.7% |
 ICICI Bank Ltd | 4.7% |
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Nikhil Rungta
Fund Manager of LIC MF Large Cap Fund Direct Growth, since 1 July 2024
Top funds managed
Sumit Bhatnagar
Fund Manager of LIC MF Large Cap Fund Direct Growth, since 3 October 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
Over the last 6 months, this fund has experienced a 13.2% drop in AUM moving from 1.58K Cr to 1.37K Cr.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 28.37% return, outperforming this fund by 7.94% per annum.
Over the last 1 year, this fund has increased expense ratio by 36.0% moving from 0.75 to 1.02.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.28% return, outperforming this fund by 8.37% per annum.
In the last 1 year, Motilal Oswal Large Cap Fund Direct Growth has given 27.95% return, outperforming this fund by 15.19%.
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 13.2% since inception which is less than its category average return of 13.33%
Fund Allocations
This fund has an allocation of 97.66% in Equity, 0% in Debt and 2.34% in Cash related instruments
AUM size ₹1379 Cr
This fund has AUM of ₹1379 Cr which is less than its category average of ₹ 9870 Cr
Expense Ratio 1.02%
This fund has an expense ratio of 1.02% which is less than its category average expense ratio of 1.25%
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5Y CAGR
▲ 34.41
5Y CAGR
▲ 27.02
5Y CAGR
▲ 33.90
5Y CAGR
▲ 27.70
5Y CAGR
▲ 19.41
Frequently Asked Questions for LIC MF Large Cap Fund Direct Growth
The current NAV of LIC MF Large Cap Fund Direct Growth is ₹61.69 as on 21-Apr-2025.
Existing (Absolute + CAGR) as on 21-Apr-2025.
LIC MF Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.33% | 5.33% |
6 Month Returns | -2.39% | -2.39% |
1 Year Returns | 12.76% | 12.76% |
3 Years Returns | 40.14% | 11.91% |
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.
1.02% as on March 2025
₹1379 Cr as on March 2025
HDFC Bank Ltd(9.61%), ICICI Bank Ltd(7.33%), Reliance Industries Ltd(6.38%), Infosys Ltd(4.4%), Larsen & Toubro Ltd(3.87%) as on March 2025
Financial Services(30.68%), Industrial(16.66%), Consumer Defensive(8.35%) as on March 2025
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 | 1.47 | -1.93 | -2.19 |
As on March 2025
The alpha for LIC MF Large Cap Fund Direct Growth is calculated against Nifty 100 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 | 1.11 | 0.99 | 0.92 |
As on March 2025
The Beta for LIC MF Large Cap Fund Direct Growth is calculated with Nifty 100 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 | 0.11 | 0.28 | 0.93 |
As on March 2025
The sharpe ratio for LIC MF Large Cap Fund Direct Growth is calculated with Nifty 100 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 | 17.07 | 14.4 | 14.71 |
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 0.43 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Nikhil Rungta, Sumit Bhatnagar are the fund managers of LIC MF Large Cap Fund Direct Growth
The Exit load of LIC MF Large Cap Fund Direct Growth is 1%