LIC MF S & P BSE Sensex Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 05-09-2024
₹ 164.01
1D
Inception Returns
13.7%
/yr
About the Fund
LIC MF S & P BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF S & P BSE Sensex Index Fund Direct Growth has ₹86 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
LIC MF S & P BSE Sensex Index Fund Direct Growth has given a CAGR return of 13.66% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.54%, 13.36% and 18.41% respectively.
Holdings
LIC MF S & P BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Industrial, Basic Materials, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, ITC Ltd
Taxation
As it is a index funds 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 S & P BSE Sensex Index Fund Direct Growth
The main investment objective of the fund is to generate returns commensurate with the performance of the index S&P BSE Sensex based on the plans by investing in the respective index stocks subject to tracking errors. However, there is no assurance that the investment objective of the Schemes will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF S & P BSE Sensex Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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78 people have invested ₹ 2.1L in LIC MF S & P BSE Sensex Index Fund Direct Growth in the last three months
INDmoney Rank
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IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 0.38% |
Benchmark | BSE Sensex TR INR |
| AUM | ₹86 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 17.58% |
| 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 |
Fund Distribution
as on (31-Jul-24)
Large cap
99.6%
Sector Allocation
Financial Services
36%
Tech
14.8%
Energy
11%
Consumer Cyclical
8.4%
Consumer Defensive
8.4%
Industrial
6%
Basic Materials
5.4%
Communication
4.3%
Utilities
3.8%
Health
2%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 3.47% whereas the fund’s underlying benchmark Nifty 50 returns stands at 3.35% as on Jul'24
- This fund outperformed Nifty 50 by 0.12% in Jul'24
- AUM of the fund stands at 85.9 Cr as of Jul'24
- AUM increased by 2.5 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 6.22% to 7.19%
ITC Ltd's allocation increased from 4.33% to 4.82%
Tata Consultancy Services Ltd's allocation increased from 4.35% to 4.69%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 13.93 % to 12.98 %
Reliance Industries Ltd's allocation decreased from 11.67 % to 10.96 %
ICICI Bank Ltd's allocation decreased from 9.27 % to 9.11 %
Cash allocation has gone down from 0.7% to 0.4%
Top 3 Sectors in July were Financial Services, Tech & Energy
Jul'24
Financial Services
36%
Tech
15%
Energy
11%
Jun'24
Financial Services
38%
Tech
13%
Energy
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 12.98% | -0% | |
 Reliance Industries Ltd | 10.96% | 0.6% | |
 ICICI Bank Ltd | 9.11% | 0.1% | |
 Infosys Ltd | 7.19% | -0.1% | |
 ITC Ltd | 4.82% | -1.4% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 10.8% |
 Tata Consultancy Services Ltd | 8.6% |
 Bharti Airtel Ltd | 6.5% |
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Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹23.19K Cr
as on 31-Jul-2024
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com
Mutual Fund Insights
In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 24.35% return, outperforming this fund by 5.94% per annum.
Over the last 1 month, this fund has experienced a 3.0% growth in AUM moving from 83.43 Cr to 85.95 Cr.
In the last 3 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 19.93% return, outperforming this fund by 6.57% per annum.
In the last 1 year, Motilal Oswal BSE Enhanced Value Index Fund Direct Growth has given 77.08% return, outperforming this fund by 50.54%.
LIC MF S & P BSE Sensex Index 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 13.66% since inception which is less than its category average return of 23.34%
Fund Allocations
This fund has an allocation of 99.61% in Equity, 0% in Debt and 0.39% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 842 Cr
Expense Ratio 0.38%
This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 0.52%
Frequently Asked Questions
The current NAV of LIC MF S & P BSE Sensex Index Fund Direct Growth is ₹164.01 as on 05-Sep-2024.
Existing (Absolute + CAGR) as on 05-Sep-2024.
LIC MF S & P BSE Sensex Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.83% | 1.83% |
6 Month Returns | 12.17% | 12.17% |
1 Year Returns | 26.54% | 26.54% |
3 Years Returns | 45.66% | 13.36% |
5 Years Returns | 132.77% | 18.41% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.38% as on August 2024
₹86 Cr as on August 2024
HDFC Bank Ltd(12.98%), Reliance Industries Ltd(10.96%), ICICI Bank Ltd(9.11%), Infosys Ltd(7.19%), ITC Ltd(4.82%) as on August 2024
Financial Services(35.91%), Tech(14.77%), Energy(10.96%) as on August 2024
The alpha ratio for the LIC MF S & P BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF S & P BSE Sensex Index Fund Direct Growth | - | - | - |
As on August 2024
The alpha for LIC MF S & P BSE Sensex Index Fund Direct Growth is calculated against BSE Sensex 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 S & P BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF S & P BSE Sensex Index Fund Direct Growth | - | - | - |
As on August 2024
The Beta for LIC MF S & P BSE Sensex Index Fund Direct Growth is calculated with BSE Sensex 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 S & P BSE Sensex Index 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 S & P BSE Sensex Index Fund Direct Growth | 1.72 | 0.66 | 0.73 |
As on August 2024
The sharpe ratio for LIC MF S & P BSE Sensex Index Fund Direct Growth is calculated with BSE Sensex 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 S & P BSE Sensex Index 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 S & P BSE Sensex Index Fund Direct Growth | 10.9 | 11.92 | 18.27 |
As on August 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.
Sortino ratio is 1.19 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of LIC MF S & P BSE Sensex Index Fund Direct Growth is 0.25%