LIC MF Value Fund Direct Growth
Equity
Direct
Value
NAV as on 05-09-2024
₹ 28.03
Inception Returns
18.5%
/yr
About the Fund
LIC MF Value Fund Direct Growth is an equity fund. This fund was started on 20 August, 2018. The fund is managed by Karan Doshi. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Value Fund Direct Growth has ₹123 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 1.6.
Returns
LIC MF Value Fund Direct Growth has given a CAGR return of 18.51% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.89%, 19.88% and 23.13% respectively.
Holdings
LIC MF Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Defensive, Consumer Cyclical, Industrial, Tech, Energy, Health, Communication, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, ITC Ltd, Reliance Industries Ltd, State Bank of India, Infosys 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 1000.00. LIC MF Value Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
22 people have invested ₹ 44.5K in LIC MF Value Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
9
/11
38% Performance
34% Risk Management
0% Cost
9 out of 11 among value
Beats FD returns for both 3Y & 5Y
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category
Smaller AUM within category
Fund Overview
| Expense ratio | 1.6% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹123 Cr |
| Inception Date | 20 August, 2018 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 537.86% |
| 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 (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
45.9%
Small cap
39.3%
Mid cap
9.9%
Sector Allocation
Financial Services
21.2%
Basic Materials
14.2%
Consumer Defensive
13.6%
Consumer Cyclical
12.8%
Industrial
11.4%
Tech
7.6%
Energy
6.1%
Health
5.5%
Communication
3.8%
Real Estate
2.1%
Utilities
1.8%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 6.31% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 2.78% in Jul'24
- AUM of the fund stands at 119.1 Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top Stocks bought last month
ITC Ltd's allocation increased from 2.84% to 5.14%
Artemis Medicare Services Ltd Ordinary Shares's allocation increased from 1.14% to 2.34%
Piramal Enterprises Ltd's allocation increased from 1.05% to 2.22%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 5.82 % to 4.94 %
State Bank of India's allocation decreased from 4.94 % to 4.9 %
Varun Beverages Ltd's allocation decreased from 5.26 % to 3.03 %
Small Cap allocation has gone down from 36.3% to 34.7%
Cash allocation has gone up from 1.4% to 1.8%
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Basic Materials
Jul'24
Financial Services
21%
Basic Materials
14%
Consumer Defensive
14%
Jun'24
Financial Services
28%
Consumer Cyclical
15%
Basic Materials
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.28% | 9.6% | |
 ITC Ltd | 5.14% | 60.7% | |
 Reliance Industries Ltd | 4.94% | -8.5% | |
 State Bank of India | 4.9% | 0% | |
 Infosys Ltd | 3.88% | 16.8% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Garware Hi Tech Films Ltd | 49% |
 PCBL Ltd | 31.1% |
Allied Blenders & Distillers Ltd | 22.4% |
Loading...
We are taking more time than usual
Karan Doshi
Fund Manager of LIC MF Value Fund Direct Growth, since 31 July 2023
Top funds managed
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 1 year, Quant Value Fund Direct Growth has given 69.25% return, outperforming this fund by 24.36%.
In the last 3 years, JM Value Fund (Direct) - Growth has given 31.26% return, outperforming this fund by 11.38% per annum.
Over the last 6 months, this fund has experienced a 17.6% growth in AUM moving from 105.0 Cr to 123.47 Cr.
Over the last 1 year, this fund has decreased expense ratio by 6.4% moving from 1.71 to 1.60.
In the last 5 years, JM Value Fund (Direct) - Growth has given 31.39% return, outperforming this fund by 8.26% per annum.
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 18.51% since inception which is less than its category average return of 20.11%
Fund Allocations
This fund has an allocation of 98.24% in Equity, 0% in Debt and 1.76% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 5564 Cr
Expense Ratio 1.6%
This fund has an expense ratio of 1.6% which is more than its category average expense ratio of 1.42%
Frequently Asked Questions
The current NAV of LIC MF Value Fund Direct Growth is ₹28.03 as on 05-Sep-2024.
Existing (Absolute + CAGR) as on 05-Sep-2024.
LIC MF Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.06% | 3.06% |
6 Month Returns | 22.11% | 22.11% |
1 Year Returns | 44.89% | 44.89% |
3 Years Returns | 72.26% | 19.88% |
5 Years Returns | 183.03% | 23.13% |
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.
1.6% as on August 2024
₹123 Cr as on August 2024
HDFC Bank Ltd(5.28%), ITC Ltd(5.14%), Reliance Industries Ltd(4.94%), State Bank of India(4.9%), Infosys Ltd(3.88%) as on August 2024
Financial Services(20.85%), Basic Materials(13.93%), Consumer Defensive(13.35%) as on August 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 | 4.42 | 1.68 | 0.42 |
As on August 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 | 0.98 | 0.96 | 0.97 |
As on August 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 | 2.86 | 1.06 | 0.92 |
As on August 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 | 11.44 | 12.97 | 18.79 |
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 1.95 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.36 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Karan Doshi is the fund manager of LIC MF Value Fund Direct Growth
The Exit load of LIC MF Value Fund Direct Growth is 1%