LIC MF Aggressive Hybrid Fund Direct Growth

Hybrid
Direct
Aggressive Allocation
LIC MF Aggressive Hybrid Fund Direct Growth

About the Fund

LIC MF Aggressive Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Karan Doshi, Sanjay Pawar. This fund gives you the benefit of diversification.

Key Parameters

  1. LIC MF Aggressive Hybrid Fund Direct Growth has ₹543 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.4.

Returns

LIC MF Aggressive Hybrid Fund Direct Growth has given a CAGR return of 11.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.39%, 15.01% and 14.45% respectively.

Holdings

LIC MF Aggressive Hybrid Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Industrial, Consumer Cyclical, Cash Equivalent, Consumer Defensive, Corporate, Tech, Energy, Health, Basic Materials, Utilities, Communication, Real Estate.

Taxation

As it is a aggressive allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of LIC MF Aggressive Hybrid Fund Direct Growth

An open ended balanced scheme which seeks to provide regular returns and capital appreciation according to the selection of plan by investing in equities and debt. However, there is no assurance that the investment objective of the Scheme will be realised.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF Aggressive Hybrid Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
25 people have invested ₹ 1.7L in LIC MF Aggressive Hybrid Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
18
/18
8% Performance
49% Risk Management
0% Cost
18 out of 18 among aggressive allocation

Fund Overview

Expense ratio1.39%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹543 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
95.28%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 76.9%

  • Debt & Cash 23.1%

Large cap
50.4%

Small cap
15.8%

Mid cap
9.8%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
24.6%
Industrial
20.1%
Consumer Cyclical
18.7%
Consumer Defensive
9.9%
Tech
7.2%
Energy
6%
Health
5.5%
Basic Materials
3.2%
Utilities
2%
Communication
1.6%
Real Estate
1.3%
All changes are between Oct'69 and Dec'69

Karan Doshi
Karan Doshi
Fund Manager of LIC MF Aggressive Hybrid Fund Direct Growth, since 6 September 2021
Sanjay Pawar
Sanjay Pawar
Fund Manager of LIC MF Aggressive Hybrid Fund Direct Growth, since 1 January 2022

Mutual Fund Insights

Insights icon
In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 54.35% return, outperforming this fund by 22.95%.
Insights icon
Over the last 1 month, this fund has decreased expense ratio by 1.4% moving from 1.41 to 1.39.
Insights icon
Over the last 6 months, this fund has experienced a 9.7% drop in AUM moving from 574.27 Cr to 518.38 Cr.
Insights icon
In the last 5 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 28.24% return, outperforming this fund by 13.79% per annum.
Insights icon
In the last 3 years, ICICI Prudential Equity & Debt Fund Direct Plan Growth has given 25.75% return, outperforming this fund by 10.75% per annum.

LIC MF Aggressive Hybrid Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.72% since inception which is less than its category average return of 13.53%
Fund Allocations

Fund Allocations

This fund has an allocation of 76.86% in Equity, 20.78% in Debt and 2.36% in Cash related instruments
AUM size ₹543 Cr

AUM size ₹543 Cr

This fund has AUM of ₹543 Cr which is less than its category average of ₹ 5430 Cr
Expense Ratio 1.39%

Expense Ratio 1.39%

This fund has an expense ratio of 1.39% which is less than its category average expense ratio of 1.5%

Frequently Asked Questions

The current NAV of LIC MF Aggressive Hybrid Fund Direct Growth is ₹215.38 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
LIC MF Aggressive Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.72%
4.72%
6 Month Returns
16.74%
16.74%
1 Year Returns
31.39%
31.39%
3 Years Returns
52.12%
15.01%
5 Years Returns
96.35%
14.45%
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 June 2024
₹543 Cr as on June 2024
HDFC Bank Ltd(5.4%), 7.18% Govt Stock 2037(4.8%), ICICI Bank Ltd(4.43%), Reliance Industries Ltd(4.04%), 07.70 Kt Gs 2033(2.86%) as on June 2024
Financial Services(18.89%), Government(18.89%), Industrial(15.43%) as on June 2024
AAA
100
Karan Doshi, Sanjay Pawar are the fund managers of LIC MF Aggressive Hybrid Fund Direct Growth
The Exit load of LIC MF Aggressive Hybrid Fund Direct Growth is 1%