Historical NAV & Returns
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 Nikhil Rungta. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Small Cap Fund Direct Growth has ₹434 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
LIC MF Small Cap Fund Direct Growth has given a CAGR return of 15.60% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.89%, 17.62% and 35.06% respectively.
Holdings
LIC MF Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Utilities, Consumer Defensive, Financial Services, Health, Communication, Tech, Real Estate. Its top holdings are JTL Industries Ltd, Housing & Urban Development Corp Ltd, International Gemmological Institute (India) Ltd, Sanathan Textiles Ltd, Concord Enviro Systems 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 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 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.
LIC MF Small Cap Fund Direct Growth Overview
| Expense ratio | 0.97% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹434 Cr |
| Inception Date | 21 June, 2017 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 684.33% |
| 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 |
INDmoney Rank for LIC MF Small Cap Fund Direct Growth
Trailing Returns
as on (31-Mar-25)
Fund Distribution
as on (28-Feb-25)
- AUM of the fund stands at 433.6 Cr as of Feb'25
- AUM decreased by 57.8 Cr between Feb'25 and Jan'25
Top 3 Sectors in February were Industrial, Consumer Cyclical & Basic Materials
Top Growth Drivers | 1M Return |
|---|---|
 AAVAS Financiers Ltd | 24.2% |
 VRL Logistics Ltd | 5.4% |
Mutual Fund Insights
LIC MF Small Cap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹434 Cr
Expense Ratio 0.97%
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Frequently Asked Questions for LIC MF Small Cap Fund Direct Growth
LIC MF Small Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.65% | 8.65% |
6 Month Returns | -17.92% | -17.92% |
1 Year Returns | 12.89% | 12.89% |
3 Years Returns | 62.74% | 17.62% |
5 Years Returns | 349.37% | 35.06% |
- 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 Small Cap Fund Direct Growth | 9.21 | 0.59 | 2.49 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Small Cap Fund Direct Growth | 1.06 | 0.89 | 0.82 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF Small Cap Fund Direct Growth | -0.1 | 0.56 | 0.85 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF Small Cap Fund Direct Growth | 26.68 | 19.1 | 22.81 |