LIC MF Dividend Yield Fund Direct Growth
Equity
Direct
Dividend Yield
NAV as on 10-10-2024
₹ 34.23
▲0.6%
1D
Inception Returns
23.6%
/yr
About the Fund
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.
Key Parameters
- LIC MF Dividend Yield Fund Direct Growth has ₹392 Cr worth of assets under management (AUM) as on Aug 2024 and is less than category average.
- The fund has an expense ratio 1.5.
Returns
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.
Holdings
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
Taxation
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.
Investment objective of LIC MF Dividend Yield Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Annualised
▲
▼
229 people have invested ₹ 31.8L in LIC MF Dividend Yield Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
3
/6
80% Performance
32% Risk Management
0% Cost
3 out of 6 among dividend yield
Outperformed benchmarks during bull run
Beats FD returns for both 3Y & 5Y
Smaller AUM within category
Fund Overview
| 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 |
Trailing Returns
as on (10-Oct-24)
Fund Distribution
as on (31-Aug-24)
Large cap
49.1%
Small cap
35.1%
Mid cap
12.5%
Sector Allocation
Industrial
18%
Financial Services
17.4%
Consumer Cyclical
16.5%
Consumer Defensive
10.8%
Basic Materials
10.5%
Tech
9.6%
Utilities
6.6%
Communication
3.4%
Health
3.4%
Energy
2.5%
Real Estate
1.2%
All changes are between Jun'24 and Aug'24
- This fund’s returns stands at 2.19% whereas the fund’s underlying benchmark Nifty 500 returns stands at 0.97% as on Aug'24
- This fund outperformed Nifty 500 by 1.22% in Aug'24
- AUM of the fund stands at 330.5 Cr as of Aug'24
- AUM has remained same between Aug'24 and Jul'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 2.13% to 2.94%
Mrs Bectors Food Specialities Ltd Ordinary Shares's allocation increased from 1.08% to 1.84%
Godfrey Phillips India Ltd's allocation increased from 0.91% to 1.5%
Top Stocks sold last month
Tata Consultancy Services Ltd's allocation decreased from 2.85 % to 2.64 %
ICICI Bank Ltd's allocation decreased from 2.52 % to 2.25 %
Power Finance Corp Ltd's allocation decreased from 2.15 % to 2.15 %
Small Cap allocation has gone up from 31.1% to 34.2%
Mid Cap allocation has gone up from 8.1% to 10.3%
Large Cap allocation has gone down from 53.5% to 47.7%
Cash allocation has gone up from 3.4% to 4.4%
Top 3 Sectors in August were Industrial, Financial Services & Consumer Cyclical
Aug'24
Industrial
18%
Financial Services
17%
Consumer Cyclical
17%
Jul'24
Industrial
18%
Financial Services
17%
Consumer Cyclical
16%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Saregama India Ltd | 18.9% |
 Garware Hi Tech Films Ltd | 12.4% |
 Mrs Bectors Food Specialities Ltd | 2% |
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Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹27.42K Cr
as on 31-Aug-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
Over the last 3 months, this fund has increased expense ratio by 0.7% moving from 1.44 to 1.45.
In the last 5 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 29.59% return, outperforming this fund by 2.66% per annum.
In the last 3 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 27.27% return, outperforming this fund by 3.67% per annum.
In the last 1 year, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has experienced a 240.9% growth in AUM moving from 114.89 Cr to 391.61 Cr.
LIC MF Dividend Yield 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 23.62% since inception which is more than its category average return of 19.74%
Fund Allocations
This fund has an allocation of 99.01% in Equity, 0% in Debt and 0.99% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 3306 Cr
Expense Ratio 1.45%
This fund has an expense ratio of 1.45% which is more than its category average expense ratio of 1.34%
Frequently Asked Questions
The current NAV of LIC MF Dividend Yield Fund Direct Growth is ₹34.23 as on 10-Oct-2024.
Existing (Absolute + CAGR) as on 10-Oct-2024.
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% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.45% as on September 2024
₹392 Cr as on September 2024
HDFC Bank Ltd(3.92%), Tata Consultancy Services Ltd(2.58%), Kotak Mahindra Bank Ltd(2.51%), IndusInd Bank Ltd(2.43%), Saregama India Ltd(2.4%) as on September 2024
Financial Services(20.01%), Industrial(16.05%), Consumer Cyclical(15.35%) as on September 2024
The alpha ratio for the LIC MF Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Dividend Yield Fund Direct Growth | 13.25 | 6.18 | 6.3 |
As on September 2024
The alpha for LIC MF Dividend Yield 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 Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Dividend Yield Fund Direct Growth | 1.06 | 0.99 | 0.82 |
As on September 2024
The Beta for LIC MF Dividend Yield 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 Dividend Yield 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 Dividend Yield Fund Direct Growth | 3.44 | 1.34 | 1.25 |
As on September 2024
The sharpe ratio for LIC MF Dividend Yield 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 Dividend Yield 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 Dividend Yield Fund Direct Growth | 12.75 | 13.64 | 16.25 |
As on September 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 2.78 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.56 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of LIC MF Dividend Yield Fund Direct Growth is 1%