LIC MF Manufacturing Fund Direct Growth
NAV as on 17-04-2025
₹ 8.68
▲0.5%
1D
Inception Returns
/yr
Historical NAV & Returns
Absolute
▲
▼
258 people have invested ₹ 12.8L in LIC MF Manufacturing Fund Direct Growth in the last three months
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 ₹768 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
LIC MF Manufacturing Fund Direct Growth has given a CAGR return of -13.17% 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, Real Estate, Energy. Its top holdings are Cummins India Ltd, Shakti Pumps (India) Ltd, Garware Hi-Tech Films Ltd, Manorama Industries Ltd, Bharat Forge 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 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 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.
LIC MF Manufacturing Fund Direct Growth Overview
| Expense ratio | 0.5% |
Benchmark | Nifty India Manufacturing TR INR |
| AUM | ₹768 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 (17-Apr-25)
Fund Distribution
as on (31-Mar-25)
Small cap
48.1%
Large cap
28.3%
Mid cap
20.4%
Sector Allocation
Industrial
46.2%
Consumer Cyclical
23.2%
Consumer Defensive
10.2%
Basic Materials
7.8%
Health
6.1%
Utilities
3.3%
Tech
2%
Real Estate
0.7%
Energy
0.5%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 9.67% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 2.42% in Mar'25
- AUM of the fund stands at 768.3 Cr as of Mar'25
- AUM increased by 50.5 Cr between Mar'25 and Feb'25
Top Stocks bought last month
TD Power Systems Ltd's allocation increased from 2.14% to 2.6%
Kirloskar Oil Engines Ltd's allocation increased from 0.7% to 1.11%
GE Vernova T&D India Ltd's allocation increased from 1.3% to 1.7%
Top Stocks sold last month
Garware Hi-Tech Films Ltd's allocation decreased from 3.69 % to 3.64 %
Bharat Forge Ltd's allocation decreased from 4.26 % to 3.48 %
Mahindra & Mahindra Ltd's allocation decreased from 3.08 % to 2.91 %
Small Cap allocation has gone up from 47.6% to 48.1%
Mid Cap allocation has gone up from 20.3% to 20.4%
Large Cap allocation has gone down from 29.4% to 28.3%
Cash allocation has gone up from 2.2% to 2.7%
Top 3 Sectors in March were Industrial, Consumer Cyclical & Consumer Defensive
Mar'25
Industrial
46%
Consumer Cyclical
23%
Consumer Defensive
10%
Feb'25
Industrial
42%
Consumer Cyclical
26%
Consumer Defensive
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Cummins India Ltd | 3.91% | -2% | |
 Shakti Pumps (India) Ltd | 3.84% | -10.2% | |
 Garware Hi-Tech Films Ltd | 3.64% | 0.9% | |
 Manorama Industries Ltd | 3.53% | -0.7% | |
 Bharat Forge Ltd | 3.48% | -24% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
LIC MF Manufacturing Fund Direct Growth | - | - | - | -13.17% |
 Sundaram Services Direct Growth | 16.56% | 17.34% | 28.94% | 21.12% |
 ICICI Prudential India Opportunities Fund Direct Growth | 14.33% | 23.45% | 34.46% | 22.9% |
ICICI Prudential Business Cycle Fund Direct Growth | 10.97% | 21.34% | - | 22.75% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 TD Power Systems Ltd | 22.9% |
 Manorama Industries Ltd | 2.2% |
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Yogesh Patil
Fund Manager of LIC MF Manufacturing Fund Direct Growth, since 11 October 2024
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
LIC MF Manufacturing Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
Fund Allocations
This fund has an allocation of 97.26% in Equity, 0% in Debt and 2.74% in Cash related instruments
AUM size ₹768 Cr
This fund has AUM of ₹768 Cr which is less than its category average of ₹ 2172 Cr
Expense Ratio 0.5%
This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.35%
More funds from LIC
5Y CAGR
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▲ 26.22
5Y CAGR
▲ 33.14
5Y CAGR
▲ 26.58
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▲ 19.64
Frequently Asked Questions for LIC MF Manufacturing Fund Direct Growth
The current NAV of LIC MF Manufacturing Fund Direct Growth is ₹8.68 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
LIC MF Manufacturing Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.68% | 5.68% |
6 Month Returns | -12.97% | -12.97% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
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.
0.5% as on March 2025
₹768 Cr as on March 2025
Cummins India Ltd(3.91%), Shakti Pumps (India) Ltd(3.84%), Garware Hi-Tech Films Ltd(3.64%), Manorama Industries Ltd(3.53%), Bharat Forge Ltd(3.48%) as on March 2025
Industrial(44.94%), Consumer Cyclical(22.58%), Consumer Defensive(9.94%) as on March 2025
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 March 2025
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 March 2025
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 March 2025
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 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.
Yogesh Patil is the fund manager of LIC MF Manufacturing Fund Direct Growth
The Exit load of LIC MF Manufacturing Fund Direct Growth is 1%