LIC MF Multi Cap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 22-11-2024
₹ 17.21
▲1.1%
1D
Inception Returns
30.1%
/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 ₹1350 Cr worth of assets under management (AUM) as on Oct 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 30.13% since inception. Over the last 1 year the fund has given a CAGR return of 39.46%.
Holdings
LIC MF Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Basic Materials, Consumer Defensive, Tech, Health, Communication, Energy, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, Garware Hi-Tech Films 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
LIC MF Multi Cap Fund Direct Growth Overview
| Expense ratio | 0.46% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1350 Cr |
| Inception Date | 31 October, 2022 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 58.41% |
| STCG | Redeeming 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 (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -5.33% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.19% in Oct'24
- AUM of the fund stands at 1.4K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Consumer Cyclical, Industrial & Financial Services
Top Growth Drivers | 1M Return |
|---|---|
 Garware Hi Tech Films Ltd | 21.2% |
 Coforge Ltd | 18.9% |
 GE Vernova T&D India Ltd | 7.3% |
LIC MF Multi Cap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1350 Cr
Expense Ratio 0.46%
Frequently Asked Questions for LIC MF Multi Cap Fund Direct Growth
LIC MF Multi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.88% | 0.88% |
6 Month Returns | 13.31% | 13.31% |
1 Year Returns | 39.46% | 39.46% |
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 Multi Cap Fund Direct Growth | 7.08 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Multi Cap Fund Direct Growth | 0.96 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF Multi Cap Fund Direct Growth | 2.34 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF Multi Cap Fund Direct Growth | 14.48 | - | - |