LIC MF Manufacturing Fund Direct Growth

LIC MF Manufacturing Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 19-11-2024

₹ 9.53

▲1.1%

1D

Inception Returns

-4.1%

/yr

About LIC MF Manufacturing Fund Direct Growth

LIC MF Manufacturing Fund Direct Growth is an equity fund. This fund was started on 11 October, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Manufacturing Fund Direct Growth has ₹909 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

LIC MF Manufacturing Fund Direct Growth has given a CAGR return of -4.09% since inception.

Holdings

LIC MF Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Health, Basic Materials, Consumer Defensive, Utilities, Tech, Energy. Its top holdings are Cummins India Ltd, Grindwell Norton Ltd, Shakti Pumps (India) Ltd, Maruti Suzuki India Ltd, Mahindra & Mahindra Ltd

Taxation

As it is a equity - other 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of LIC MF Manufacturing Fund Direct Growth

The investment objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies following manufacturing theme.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Manufacturing Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
362 people have invested ₹ 56.4L in LIC MF Manufacturing Fund Direct Growth in the last three months

LIC MF Manufacturing Fund Direct Growth Overview

Expense ratio0.43%
Benchmark
Nifty India Manufacturing TR INR
AUM₹909 Cr
Inception Date11 October, 2024
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (19-Nov-24)

Period
LIC MF Manufacturing Fund Direct Growth
Nifty 500
equity - other
1M
-4%
-6.2%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 63.2%

  • Debt & Cash 36.8%

Small cap
24.9%
Large cap
20.9%
Mid cap
16.4%
Sector Allocation

Oct'24

Sep'24

Industrial
42.1%
Consumer Cyclical
24.2%
Health
11.1%
Basic Materials
9.1%
Consumer Defensive
8.6%
Utilities
3.4%
Tech
0.8%
Energy
0.6%

  • Equity

Holdings
Weight%
1M Change
Cummins India Ltd
Cummins India Ltd
2.78%
0%
Grindwell Norton Ltd
Grindwell Norton Ltd
2.4%
0%
Shakti Pumps (India) Ltd
Shakti Pumps (India) Ltd
2.34%
0%
Maruti Suzuki India Ltd
Maruti Suzuki India Ltd
2.31%
0%
Mahindra & Mahindra Ltd
Mahindra & Mahindra Ltd
2.24%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
LIC MF Manufacturing Fund Direct Growth
LIC MF Manufacturing Fund Direct Growth
-
-
-
-4.09%
SBI PSU Direct Growth
SBI PSU Direct Growth
51.53%
34.52%
24.74%
12.36%
Nippon India Power & Infra Fund - Direct Plan - Growth
Nippon India Power & Infra Fund - Direct Plan - Growth
40.62%
29%
29.81%
16.41%
ICICI Prudential Manufacturing Fund Direct Growth
ICICI Prudential Manufacturing Fund Direct Growth
36.88%
24.98%
27.3%
22.67%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Piramal Pharma Ltd
Piramal Pharma Ltd
9.9%
Himatsingka Seide Ltd
Himatsingka Seide Ltd
6.9%
Fund
Oct'24
No of Holdings
66
Top 5 Company Concentration
12.1%
Company having highest exposure
Cummins India Ltd (2.8%)
No of Sectors
8
Top 5 Sectors Concentration
95.2%
Sector having highest exposure
Industrial (42.1%)
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Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
33
See all LIC 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

LIC MF Manufacturing Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 63.23% in Equity, 0% in Debt and 36.77% in Cash related instruments
AUM size ₹909 Cr

AUM size ₹909 Cr

This fund has AUM of ₹909 Cr which is less than its category average of ₹ 2245 Cr
Expense Ratio 0.43%

Expense Ratio 0.43%

This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 1.21%

Frequently Asked Questions for LIC MF Manufacturing Fund Direct Growth

The current NAV of LIC MF Manufacturing Fund Direct Growth is ₹9.53 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
LIC MF Manufacturing Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4.01%
-4.01%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.43% as on October 2024
₹909 Cr as on October 2024
Cummins India Ltd(2.78%), Grindwell Norton Ltd(2.4%), Shakti Pumps (India) Ltd(2.34%), Maruti Suzuki India Ltd(2.31%), Mahindra & Mahindra Ltd(2.24%) as on October 2024
Industrial(26.64%), Consumer Cyclical(15.3%), Health(7.03%) as on October 2024
The alpha ratio for the LIC MF Manufacturing Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Manufacturing Fund Direct Growth
-
-
-
As on October 2024
The alpha for LIC MF Manufacturing Fund Direct Growth is calculated against Nifty India Manufacturing 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 Manufacturing Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Manufacturing Fund Direct Growth
-
-
-
As on October 2024
The Beta for LIC MF Manufacturing Fund Direct Growth is calculated with Nifty India Manufacturing 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 Manufacturing 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 Manufacturing Fund Direct Growth
-
-
-
As on October 2024
The sharpe ratio for LIC MF Manufacturing Fund Direct Growth is calculated with Nifty India Manufacturing 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 Manufacturing 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 Manufacturing Fund Direct Growth
-
-
-
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.
The Exit load of LIC MF Manufacturing Fund Direct Growth is 1%