LIC MF Aggressive Hybrid Fund Direct Growth

LIC MF Aggressive Hybrid Fund Direct Growth

Hybrid

Direct

Aggressive Allocation

NAV as on 06-12-2024

₹ 221.98

-0.1%

1D

Inception Returns

11.6%

/yr

About LIC MF Aggressive Hybrid Fund Direct Growth

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, Sumit Bhatnagar. This fund gives you the benefit of diversification.

Key Parameters

  1. LIC MF Aggressive Hybrid Fund Direct Growth has ₹535 Cr worth of assets under management (AUM) as on Oct 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 11.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.37%, 14.30% and 13.94% respectively.

Holdings

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

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 200.00. LIC MF Aggressive Hybrid Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
40 people have invested ₹ 1.8L in LIC MF Aggressive Hybrid Fund Direct Growth in the last three months

INDmoney Rank for LIC MF Aggressive Hybrid Fund Direct Growth

Powered by IND quant engine
18
/19
9% Performance
47% Risk Management
0% Cost
18 out of 19 among aggressive allocation

LIC MF Aggressive Hybrid Fund Direct Growth Overview

Expense ratio1.4%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹535 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
120.36%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (06-Dec-24)

Period
LIC MF Aggressive Hybrid Fund Direct Growth
Aggressive Allocation Index
1M
1.4%
1.3%
3M
1.3%
0.5%
6M
10.8%
9.9%
1Y
25.4%
24.3%
3Y
14.3%
16%
5Y
13.9%
17.7%

Fund Distribution

as on (31-Oct-24)

  • Equity 76.9%

  • Debt & Cash 23.1%

Large cap
46.3%

Small cap
21.7%

Mid cap
8.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
20.7%
Consumer Cyclical
20.7%
Industrial
18.8%
Tech
9.1%
Consumer Defensive
7.7%
Health
6.8%
Basic Materials
4.9%
Energy
4.5%
Communication
2.8%
Real Estate
2.2%
Utilities
1.8%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 560.4 Cr
₹ 560.4 Cr
₹ 558.7 Cr
  • AUM of the fund stands at 560.4 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24

Top 3 Sectors in October were Government, Corporate & Consumer Cyclical

Oct'24
Government
68%
Corporate
25%
Financial Services
21%
Sep'24
Government
71%
Corporate
24%
Consumer Cyclical
21%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
74
75
74
Top 5 Company Concentration
19.8%
19.6%
18.5%
Company having highest exposure
HDFC Bank Ltd (5.9%)
HDFC Bank Ltd (5.7%)
HDFC Bank Ltd (5.1%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
153.5%
154.5%
152.7%
Sector having highest exposure
Government (68.4%)
Government (70.7%)
Government (83.6%)
Loading...
We are taking more time than usual
Karan Doshi
Karan Doshi
Fund Manager of LIC MF Aggressive Hybrid Fund Direct Growth, since 6 September 2021
Sumit Bhatnagar
Sumit Bhatnagar
Fund Manager of LIC MF Aggressive Hybrid Fund Direct Growth, since 1 July 2024
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹27.84K Cr
as on 31-Oct-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

Insights icon
In the last 5 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 28.59% return, outperforming this fund by 14.65% per annum.
Insights icon
Over the last 1 month, this fund has increased expense ratio by 1.4% moving from 1.38 to 1.40.
Insights icon
In the last 3 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 21.62% return, outperforming this fund by 7.32% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 4.5% drop in AUM moving from 560.43 Cr to 535.08 Cr.
Insights icon
In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 31.87% return, outperforming this fund by 6.5%.

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 11.61% since inception which is less than its category average return of 13.35%
Fund Allocations

Fund Allocations

This fund has an allocation of 76.87% in Equity, 21.81% in Debt and 1.32% in Cash related instruments
AUM size ₹535 Cr

AUM size ₹535 Cr

This fund has AUM of ₹535 Cr which is less than its category average of ₹ 5682 Cr
Expense Ratio 1.4%

Expense Ratio 1.4%

This fund has an expense ratio of 1.4% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions for LIC MF Aggressive Hybrid Fund Direct Growth

The current NAV of LIC MF Aggressive Hybrid Fund Direct Growth is ₹221.98 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
LIC MF Aggressive Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.43%
1.43%
6 Month Returns
10.84%
10.84%
1 Year Returns
25.37%
25.37%
3 Years Returns
49.34%
14.3%
5 Years Returns
92.06%
13.94%
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.
1.4% as on November 2024
₹535 Cr as on November 2024
HDFC Bank Ltd(6.05%), ICICI Bank Ltd(4.68%), Infosys Ltd(3.58%), Reliance Industries Ltd(3.34%), 7.18% Govt Stock 2037(2.94%) as on November 2024
Financial Services(15.94%), Consumer Cyclical(15.9%), Government(15.82%) as on November 2024
AAA
100
Karan Doshi, Sumit Bhatnagar 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%