Equity
Direct
Dividend Yield
NAV as on 10-10-2024
₹ 34.23
▲0.6%
1D
Inception Returns
23.6%
/yr
LIC MF Dividend Yield Fund Direct Growth is an equity fund. This fund was started on 21 December, 2018. The fund is managed by . The fund could potentially beat inflation in the long-run.
LIC MF Dividend Yield Fund Direct Growth has given a CAGR return of 23.62% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 59.13%, 23.60% and 26.93% respectively.
LIC MF Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Tech, Utilities, Communication, Health, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, Tata Consultancy Services Ltd, Kotak Mahindra Bank Ltd, IndusInd Bank Ltd, Saregama India Ltd
As it is a dividend yield 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 provide long term capital appreciation and/or dividend distribution by investing predominantly in dividend yielding equity and equity related instruments. However there can be no assurance that the investment objective under the scheme will be realized.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF Dividend Yield Fund Direct Growth has no lock in period.
Expense ratio | 1.45% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹392 Cr |
Inception Date | 21 December, 2018 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 456.7% |
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 (10-Oct-24)
as on (31-Aug-24)
Top 3 Sectors in August were Industrial, Financial Services & Consumer Cyclical
LIC MF Dividend Yield Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.2% | 0.2% |
6 Month Returns | 23.72% | 23.72% |
1 Year Returns | 59.13% | 59.13% |
3 Years Returns | 88.82% | 23.6% |
5 Years Returns | 229.49% | 26.93% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Dividend Yield Fund Direct Growth | 13.25 | 6.18 | 6.3 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Dividend Yield Fund Direct Growth | 1.06 | 0.99 | 0.82 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF Dividend Yield Fund Direct Growth | 3.44 | 1.34 | 1.25 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF Dividend Yield Fund Direct Growth | 12.75 | 13.64 | 16.25 |