Equity
Direct
Value
NAV as on 05-09-2024
₹ 28.03
Inception Returns
18.5%
/yr
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.
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.
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
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.
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 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.
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 |
as on (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Basic Materials
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% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Value Fund Direct Growth | 4.42 | 1.68 | 0.42 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Value Fund Direct Growth | 0.98 | 0.96 | 0.97 |
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 |
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 |