LIC MF Large Cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 20-12-2024
₹ 60.89
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 Nikhil Rungta, Sumit Bhatnagar. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Large Cap Fund Direct Growth has ₹1474 Cr worth of assets under management (AUM) as on Nov 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 13.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 18.34%, 12.26% and 14.20% 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, Basic Materials, Utilities, Communication, Health, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, State Bank of India
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
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254 people have invested ₹ 47L 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
20% 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 | ₹1474 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 |
Trailing Returns
as on (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
80.7%
Small cap
11.4%
Mid cap
2.5%
Sector Allocation
Financial Services
27.1%
Industrial
16.2%
Consumer Defensive
11.7%
Consumer Cyclical
10%
Tech
8.7%
Energy
8.6%
Basic Materials
6.1%
Utilities
4.2%
Communication
3.7%
Health
3.4%
Real Estate
0.4%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.57% whereas the fund’s underlying benchmark Nifty 100 returns stands at -0.52% as on Nov'24
- This fund outperformed Nifty 100 by 1.09% in Nov'24
- AUM of the fund stands at 1.5K Cr as of Nov'24
- AUM increased by 7.4 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Coal India Ltd's allocation increased from 0.61% to 1.3%
State Bank of India's allocation increased from 3.31% to 3.98%
Bank of India's allocation increased from 0.46% to 0.91%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 10.18 % to 9.53 %
Reliance Industries Ltd's allocation decreased from 6.25 % to 6.04 %
Maruti Suzuki India Ltd's allocation decreased from 3.6 % to 3.58 %
Mid Cap allocation has gone down from 2.7% to 2.5%
Large Cap allocation has gone down from 82.5% to 80.7%
Small Cap allocation has gone up from 11.4% to 11.4%
Cash allocation has gone down from 1.8% to 1.7%
Top 3 Sectors in November were Financial Services, Industrial & Consumer Defensive
Nov'24
Financial Services
27%
Industrial
16%
Consumer Defensive
12%
Oct'24
Financial Services
27%
Industrial
15%
Consumer Defensive
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.53% | -9.1% | |
 ICICI Bank Ltd | 6.62% | 0% | |
 Reliance Industries Ltd | 6.04% | 0% | |
 Infosys Ltd | 5.2% | 0% | |
 State Bank of India | 3.98% | 18.4% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 8.5% |
 Tata Consultancy Services Ltd | 7.6% |
 HDFC Bank Ltd | 3.9% |
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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
₹29.07K Cr
as on 29-Nov-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 3 months, this fund has experienced a 6.5% drop in AUM moving from 1.57K Cr to 1.47K Cr.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 22.69% return, outperforming this fund by 10.6% per annum.
Over the last 1 year, this fund has decreased expense ratio by 9.8% moving from 1.12 to 1.01.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.82% return, outperforming this fund by 6.21% per annum.
In the last 1 year, Invesco India largecap Fund Direct Plan Growth has given 26.47% return, outperforming this fund by 8.09%.
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 13.47% since inception which is less than its category average return of 13.49%
Fund Allocations
This fund has an allocation of 98.3% in Equity, 0% in Debt and 1.7% in Cash related instruments
AUM size ₹1474 Cr
This fund has AUM of ₹1474 Cr which is less than its category average of ₹ 7030 Cr
Expense Ratio 1.01%
This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions for LIC MF Large Cap Fund Direct Growth
The current NAV of LIC MF Large Cap Fund Direct Growth is ₹60.89 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
LIC MF Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.15% | 2.15% |
6 Month Returns | 1.86% | 1.86% |
1 Year Returns | 18.34% | 18.34% |
3 Years Returns | 41.46% | 12.26% |
5 Years Returns | 94.22% | 14.2% |
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1.01% as on November 2024
₹1474 Cr as on November 2024
HDFC Bank Ltd(9.53%), ICICI Bank Ltd(6.62%), Reliance Industries Ltd(6.04%), Infosys Ltd(5.2%), State Bank of India(3.98%) as on November 2024
Financial Services(26.67%), Industrial(15.92%), Consumer Defensive(11.47%) as on November 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 | 1.56 | -1.66 | -0.23 |
As on November 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 | 0.93 | 0.93 | 0.88 |
As on November 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 | 1.41 | 0.49 | 0.62 |
As on November 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 | 12.19 | 12.58 | 16.99 |
As on November 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 0.81 as on November 2024. 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%