LIC MF Value Fund Direct Growth
Equity
Direct
Value
NAV as on 17-01-2025
₹ 26.71
1D
Inception Returns
16.6%
/yr
About LIC MF Value Fund Direct Growth
LIC MF Value Fund Direct Growth is an equity fund. This fund was started on 20 August, 2018. The fund is managed by Nikhil Rungta. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Value Fund Direct Growth has ₹154 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
LIC MF Value Fund Direct Growth has given a CAGR return of 16.56% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.45%, 15.49% and 19.22% respectively.
Holdings
LIC MF Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Financial Services, Tech, Health, Consumer Defensive, Utilities, Energy, Communication, Real Estate. Its top holdings are Enviro Infra Engineers Ltd, State Bank of India, HDFC Bank Ltd, International Gemmological Institute (India) Ltd, Himatsingka Seide Ltd
Taxation
As it is a value 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 Value Fund Direct Growth
The Investment Objective of the Scheme is to generate long-term capital appreciation along with regular income by investing predominantly in equity and equity related instruments by following value investing strategy. However, there can be no assurance that the investment objective of 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 Value Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
▲
▼
50 people have invested ₹ 4.7L in LIC MF Value Fund Direct Growth in the last three months
INDmoney Rank for LIC MF Value Fund Direct Growth
Powered by IND quant engine
7
/14
50% Performance
49% Risk Management
0% Cost
7 out of 14 among value
Beats FD returns for both 3Y & 5Y
5Y returns in the bottom 25% of the category
Smaller AUM within category
LIC MF Value Fund Direct Growth Overview
| Expense ratio | 0.96% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹154 Cr |
| Inception Date | 20 August, 2018 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 537.86% |
| 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 (17-Jan-25)
Fund Distribution
as on (30-Nov-24)
Small cap
53.8%
Large cap
21.9%
Mid cap
8.2%
Sector Allocation
Industrial
20.7%
Consumer Cyclical
18.4%
Basic Materials
18.3%
Financial Services
13.5%
Tech
5.7%
Health
5.5%
Consumer Defensive
5.3%
Utilities
5.2%
Energy
3.9%
Communication
2.1%
Real Estate
1.6%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 2.61% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 3.21% in Nov'24
- AUM of the fund stands at 142.7 Cr as of Dec'24
- AUM increased by 4.6 Cr between Dec'24 and Nov'24
Top Stocks bought last month
State Bank of India's allocation increased from 3.23% to 4.05%
JTL Industries Ltd's allocation increased from 2.56% to 3.08%
Kross Ltd's allocation increased from 1.53% to 1.99%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.76 % to 5.86 %
Reliance Industries Ltd's allocation decreased from 4.35 % to 4.08 %
Hi-Tech Pipes Ltd's allocation decreased from 3.26 % to 2.85 %
Small Cap allocation has gone down from 54.4% to 53.8%
Mid Cap allocation has gone up from 7.6% to 8.2%
Large Cap allocation has gone down from 28.4% to 21.9%
Cash allocation has gone down from 1.9% to 1.8%
Top 3 Sectors in December were Consumer Cyclical, Financial Services & Industrial
Dec'24
Industrial
21%
Consumer Cyclical
18%
Basic Materials
18%
Nov'24
Consumer Cyclical
17%
Financial Services
17%
Industrial
17%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Allied Blenders & Distillers Ltd | 2.5% |
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Nikhil Rungta
Fund Manager of LIC MF Value Fund Direct Growth, since 1 July 2024
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
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 29.3% growth in AUM moving from 119.11 Cr to 154.02 Cr.
In the last 5 years, ICICI Prudential Value Discovery Fund Direct Plan Growth has given 24.96% return, outperforming this fund by 5.74% per annum.
In the last 1 year, Axis Value Fund Direct Growth has given 24.58% return, outperforming this fund by 1.13%.
In the last 3 years, Quant Value Fund Direct Growth has given 23.72% return, outperforming this fund by 8.23% per annum.
This fund has one of the lowest expense ratio in the category (value). Its expense ratio is 0.96% which is lower than the category average expense ratio of 1.34%.
LIC MF Value 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 16.56% since inception which is more than its category average return of 16.45%
Fund Allocations
This fund has an allocation of 98.23% in Equity, 0% in Debt and 1.77% in Cash related instruments
AUM size ₹154 Cr
This fund has AUM of ₹154 Cr which is less than its category average of ₹ 5309 Cr
Expense Ratio 0.96%
This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.42%
Frequently Asked Questions for LIC MF Value Fund Direct Growth
The current NAV of LIC MF Value Fund Direct Growth is ₹26.71 as on 17-Jan-2025.
Existing (Absolute + CAGR) as on 17-Jan-2025.
LIC MF Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -8.06% | -8.06% |
6 Month Returns | 0.12% | 0.12% |
1 Year Returns | 23.45% | 23.45% |
3 Years Returns | 54.03% | 15.49% |
5 Years Returns | 140.84% | 19.22% |
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0.96% as on December 2024
₹154 Cr as on December 2024
Enviro Infra Engineers Ltd(5.13%), State Bank of India(3.56%), HDFC Bank Ltd(3.55%), International Gemmological Institute (India) Ltd(3.44%), Himatsingka Seide Ltd(3.22%) as on December 2024
Industrial(20.29%), Consumer Cyclical(18.05%), Basic Materials(17.96%) as on December 2024
The alpha ratio for the LIC MF Value Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Value Fund Direct Growth | 12.18 | 4.24 | 2.55 |
As on December 2024
The alpha for LIC MF Value 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Value Fund Direct Growth | 0.94 | 0.92 | 0.96 |
As on December 2024
The Beta for LIC MF Value 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 Value 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 Value Fund Direct Growth | 1.79 | 0.97 | 0.85 |
As on December 2024
The sharpe ratio for LIC MF Value 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 Value 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 Value Fund Direct Growth | 11.53 | 13.12 | 19.02 |
As on December 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 1.74 as on December 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.02 as on December 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Nikhil Rungta is the fund manager of LIC MF Value Fund Direct Growth
The Exit load of LIC MF Value Fund Direct Growth is 1%