LIC MF Manufacturing Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 20-12-2024
₹ 9.73
1D
Inception Returns
/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 Yogesh Patil. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Manufacturing Fund Direct Growth has ₹928 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
LIC MF Manufacturing Fund Direct Growth has given a CAGR return of -2.75% since inception.
Holdings
LIC MF Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Consumer Defensive, Basic Materials, Health, Utilities, Tech, Energy. Its top holdings are Cummins India Ltd, Mahindra & Mahindra Ltd, Bharat Forge Ltd, Maruti Suzuki India Ltd, Schaeffler India 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 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 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
LIC MF Manufacturing Fund Direct Growth Overview
| Expense ratio | 0.42% |
Benchmark | Nifty India Manufacturing TR INR |
| AUM | ₹928 Cr |
| Inception Date | 11 October, 2024 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| 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)
Top Growth Drivers | 1M Return |
|---|---|
 Garware Hi Tech Films Ltd | 14% |
 Manorama Industries Ltd | 12.1% |
 Mahindra & Mahindra Ltd | 2.7% |
LIC MF Manufacturing Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹928 Cr
Expense Ratio 0.42%
Frequently Asked Questions for LIC MF Manufacturing Fund Direct Growth
LIC MF Manufacturing Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.39% | 1.39% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Manufacturing Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Manufacturing Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF Manufacturing Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF Manufacturing Fund Direct Growth | - | - | - |