LIC MF Multi Cap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 24-12-2024
₹ 17.81
▲0.4%
1D
Inception Returns
30.8%
/yr
About LIC MF Multi Cap Fund Direct Growth
LIC MF Multi Cap Fund Direct Growth is an equity fund. This fund was started on 31 October, 2022. The fund is managed by Yogesh Patil. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Multi Cap Fund Direct Growth has ₹1417 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
LIC MF Multi Cap Fund Direct Growth has given a CAGR return of 30.80% since inception. Over the last 1 year the fund has given a CAGR return of 36.73%.
Holdings
LIC MF Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Basic Materials, Tech, Consumer Defensive, Health, Communication, Energy, Real Estate, Utilities. Its top holdings are Garware Hi-Tech Films Ltd, HDFC Bank Ltd, Shakti Pumps (India) Ltd, ICICI Bank Ltd, Power Finance Corp Ltd
Taxation
As it is a multi-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 Multi Cap Fund Direct Growth
The investment objective of the scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments across large cap, mid cap and small cap stocks.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Multi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
249 people have invested ₹ 11.5L in LIC MF Multi Cap Fund Direct Growth in the last three months
LIC MF Multi Cap Fund Direct Growth Overview
| Expense ratio | 0.45% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1417 Cr |
| Inception Date | 31 October, 2022 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 58.41% |
| 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 (24-Dec-24)
Fund Distribution
as on (30-Nov-24)
Small cap
37.9%
Large cap
32.3%
Mid cap
25.3%
Sector Allocation
Consumer Cyclical
20.8%
Financial Services
18.5%
Industrial
17.9%
Basic Materials
15.5%
Tech
8.3%
Consumer Defensive
6.8%
Health
3.9%
Communication
3.4%
Energy
2.3%
Real Estate
1.5%
Utilities
1.1%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 2.54% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 3.13% in Nov'24
- AUM of the fund stands at 1.3K Cr as of Nov'24
- AUM decreased by 54.3 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Avalon Technologies Ltd's allocation increased from 1.05% to 1.63%
Tata Consultancy Services Ltd's allocation increased from 1.79% to 2.32%
Garware Hi-Tech Films Ltd's allocation increased from 3.49% to 4.01%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 3.69 % to 3.64 %
Shakti Pumps (India) Ltd's allocation decreased from 3.3 % to 3.27 %
ICICI Bank Ltd's allocation decreased from 2.92 % to 2.8 %
Small Cap allocation has gone up from 37.7% to 37.9%
Mid Cap allocation has gone down from 25.5% to 25.3%
Large Cap allocation has gone down from 32.6% to 32.3%
Cash allocation has gone up from 2.5% to 2.7%
Top 3 Sectors in November were Consumer Cyclical, Financial Services & Industrial
Nov'24
Consumer Cyclical
21%
Financial Services
19%
Industrial
18%
Oct'24
Consumer Cyclical
21%
Financial Services
19%
Industrial
18%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Avalon Technologies Ltd | 13.9% |
 Zomato Ltd | 3.2% |
 Garware Hi Tech Films Ltd | 1.7% |
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Yogesh Patil
Fund Manager of LIC MF Multi Cap Fund Direct Growth, since 31 October 2022
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
LIC MF Multi 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 30.8% since inception which is more than its category average return of 15.23%
Fund Allocations
This fund has an allocation of 97.3% in Equity, 0% in Debt and 2.7% in Cash related instruments
AUM size ₹1417 Cr
This fund has AUM of ₹1417 Cr which is less than its category average of ₹ 3931 Cr
Expense Ratio 0.45%
This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 1.22%
Frequently Asked Questions for LIC MF Multi Cap Fund Direct Growth
The current NAV of LIC MF Multi Cap Fund Direct Growth is ₹17.81 as on 24-Dec-2024.
Existing (Absolute + CAGR) as on 24-Dec-2024.
LIC MF Multi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.47% | 3.47% |
6 Month Returns | 7.48% | 7.48% |
1 Year Returns | 36.73% | 36.73% |
3 Years Returns | 0% | 0% |
5 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.
0.45% as on November 2024
₹1417 Cr as on November 2024
Garware Hi-Tech Films Ltd(4.01%), HDFC Bank Ltd(3.64%), Shakti Pumps (India) Ltd(3.27%), ICICI Bank Ltd(2.8%), Power Finance Corp Ltd(2.37%) as on November 2024
Consumer Cyclical(20.25%), Financial Services(18.05%), Industrial(17.37%) as on November 2024
The alpha ratio for the LIC MF Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Multi Cap Fund Direct Growth | 9.58 | - | - |
As on November 2024
The alpha for LIC MF Multi Cap Fund Direct Growth is calculated against S&P BSE 500 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 Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Multi Cap Fund Direct Growth | 0.94 | - | - |
As on November 2024
The Beta for LIC MF Multi Cap Fund Direct Growth is calculated with S&P BSE 500 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 Multi 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 Multi Cap Fund Direct Growth | 2.09 | - | - |
As on November 2024
The sharpe ratio for LIC MF Multi Cap Fund Direct Growth is calculated with S&P BSE 500 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 Multi 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 Multi Cap Fund Direct Growth | 13.58 | - | - |
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.
Yogesh Patil is the fund manager of LIC MF Multi Cap Fund Direct Growth
The Exit load of LIC MF Multi Cap Fund Direct Growth is 1%