LIC MF Small Cap Fund Direct Growth
Equity
Direct
Small-Cap
NAV as on 21-11-2024
₹ 35.15
▲1.3%
1D
Inception Returns
18.5%
/yr
About LIC MF Small Cap Fund Direct Growth
LIC MF Small Cap Fund Direct Growth is an equity fund. This fund was started on 21 June, 2017. The fund is managed by Yogesh Patil. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Small Cap Fund Direct Growth has ₹386 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.4.
Returns
LIC MF Small Cap Fund Direct Growth has given a CAGR return of 18.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.32%, 23.38% and 30.08% respectively.
Holdings
LIC MF Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Health, Tech, Financial Services, Utilities, Consumer Defensive, Real Estate, Communication. Its top holdings are Garware Hi-Tech Films Ltd, Shakti Pumps (India) Ltd, Hi-Tech Pipes Ltd, Kirloskar Oil Engines Ltd, Piramal Pharma Ltd
Taxation
As it is a small-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 Small Cap Fund Direct Growth
The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small Cap companies. However there can be no assurance that the investment objective under the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Small Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
900 people have invested ₹ 91.1L in LIC MF Small Cap Fund Direct Growth in the last three months
INDmoney Rank for LIC MF Small Cap Fund Direct Growth
Powered by IND quant engine
11
/18
55% Performance
50% Risk Management
0% Cost
11 out of 18 among small-cap
Beats FD returns for both 3Y & 5Y
Smaller AUM within category
LIC MF Small Cap Fund Direct Growth Overview
| Expense ratio | 1.39% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹386 Cr |
| Inception Date | 21 June, 2017 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 684.33% |
| 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 (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
Small cap
78.3%
Mid cap
10.8%
Large cap
3.1%
Sector Allocation
Industrial
35.8%
Consumer Cyclical
15.1%
Basic Materials
14.1%
Health
7.6%
Tech
6.5%
Financial Services
5.3%
Utilities
5.1%
Consumer Defensive
4.8%
Real Estate
3.2%
Communication
2.5%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -3.08% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -4.21% as on Oct'24
- This fund outperformed Nifty Smallcap 250 by 1.14% in Oct'24
- AUM of the fund stands at 370.2 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
TD Power Systems Ltd's allocation increased from 1.57% to 2.4%
Tata Power Co Ltd's allocation increased from 1.5% to 2.22%
Vedant Fashions Ltd's allocation increased from 0.99% to 1.46%
Top Stocks sold last month
Garware Hi-Tech Films Ltd's allocation decreased from 3.5 % to 2.94 %
Kirloskar Oil Engines Ltd's allocation decreased from 2.86 % to 2.57 %
JTL Industries Ltd's allocation decreased from 3.08 % to 2.48 %
Mid Cap allocation has gone down from 11.5% to 10.8%
Large Cap allocation has gone up from 2.4% to 3.1%
Small Cap allocation has gone down from 80% to 78.3%
Cash allocation has gone up from 1.4% to 2.1%
Top 3 Sectors in October were Industrial, Consumer Cyclical & Basic Materials
Oct'24
Industrial
36%
Consumer Cyclical
15%
Basic Materials
14%
Sep'24
Industrial
39%
Consumer Cyclical
13%
Basic Materials
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Piramal Pharma Ltd | 9.9% |
 Himatsingka Seide Ltd | 6.9% |
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Yogesh Patil
Fund Manager of LIC MF Small Cap Fund Direct Growth, since 31 July 2023
Top funds managed
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹27.84K Cr
as on 31-Oct-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, Quant Small Cap Fund Growth Option Direct Plan has given 45.91% return, outperforming this fund by 15.82% per annum.
Over the last 6 months, this fund has experienced a 72.8% growth in AUM moving from 223.18 Cr to 385.61 Cr.
In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 27.48% return, outperforming this fund by 4.1% per annum.
Over the last 1 month, this fund has decreased expense ratio by 9.2% moving from 1.53 to 1.39.
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 52.58% return, outperforming this fund by 11.26%.
LIC MF Small 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 18.53% since inception which is less than its category average return of 19.91%
Fund Allocations
This fund has an allocation of 97.94% in Equity, 0% in Debt and 2.06% in Cash related instruments
AUM size ₹386 Cr
This fund has AUM of ₹386 Cr which is less than its category average of ₹ 8062 Cr
Expense Ratio 1.39%
This fund has an expense ratio of 1.39% which is more than its category average expense ratio of 1.19%
Frequently Asked Questions for LIC MF Small Cap Fund Direct Growth
The current NAV of LIC MF Small Cap Fund Direct Growth is ₹35.15 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
LIC MF Small Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.6% | -5.6% |
6 Month Returns | 13.52% | 13.52% |
1 Year Returns | 41.32% | 41.32% |
3 Years Returns | 87.84% | 23.38% |
5 Years Returns | 272.5% | 30.08% |
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.
1.39% as on October 2024
₹386 Cr as on October 2024
Garware Hi-Tech Films Ltd(2.94%), Shakti Pumps (India) Ltd(2.94%), Hi-Tech Pipes Ltd(2.74%), Kirloskar Oil Engines Ltd(2.57%), Piramal Pharma Ltd(2.5%) as on October 2024
Industrial(35.04%), Consumer Cyclical(14.83%), Basic Materials(13.85%) as on October 2024
The alpha ratio for the LIC MF Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Small Cap Fund Direct Growth | 10.25 | 5.55 | 3.8 |
As on October 2024
The alpha for LIC MF Small Cap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Small Cap Fund Direct Growth | 0.79 | 0.76 | 0.78 |
As on October 2024
The Beta for LIC MF Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small 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 Small Cap Fund Direct Growth | 2.39 | 1.28 | 1.14 |
As on October 2024
The sharpe ratio for LIC MF Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small 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 Small Cap Fund Direct Growth | 15.87 | 15 | 20.94 |
As on October 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 2.74 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.28 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Yogesh Patil is the fund manager of LIC MF Small Cap Fund Direct Growth
The Exit load of LIC MF Small Cap Fund Direct Growth is 1%