LIC MF Flexi Cap Fund Direct Growth

LIC MF Flexi Cap Fund Direct Growth

Equity

Direct

Flexi Cap

NAV as on 11-11-2024

₹ 109.99

-0.4%

1D

Inception Returns

12.4%

/yr

About LIC MF Flexi Cap Fund Direct Growth

LIC MF Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Flexi Cap Fund Direct Growth has ₹1067 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 1.4.

Returns

LIC MF Flexi Cap Fund Direct Growth has given a CAGR return of 12.41% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.39%, 14.28% and 16.17% respectively.

Holdings

LIC MF Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Consumer Defensive, Tech, Health, Basic Materials, Utilities, Real Estate, Communication, Energy. Its top holdings are HDFC Bank Ltd, Piramal Pharma Ltd, VA Tech Wabag Ltd, ICICI Bank Ltd, State Bank of India

Taxation

As it is a flexi cap 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of LIC MF Flexi Cap Fund Direct Growth

The main investment objective of the scheme is to provide capital growth by investing across Large, Mid & Small Cap stocks. The investment portfolio of the scheme will be constantly monitored and reviewed to optimise capital growth. However, there is no assurance that the investment objective of the Schemes will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Flexi Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
121 people have invested ₹ 7.4L in LIC MF Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank for LIC MF Flexi Cap Fund Direct Growth

Powered by IND quant engine
17
/20
27% Performance
40% Risk Management
0% Cost
17 out of 20 among flexi cap
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Beats FD returns for both 3Y & 5Y
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5Y returns in the bottom 25% of the category
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Smaller AUM within category

LIC MF Flexi Cap Fund Direct Growth Overview

Expense ratio1.39%
Benchmark
S&P BSE 500 India TR INR
AUM₹1067 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
146.57%
STCGRedeeming 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 (11-Nov-24)

Period
LIC MF Flexi Cap Fund Direct Growth
Nifty 500
flexi cap
1M
-3.6%
-4.3%
-3%
3M
-0.1%
-1.4%
1.3%
6M
15%
10.4%
12.2%
1Y
31.4%
30.9%
34.6%
3Y
14.3%
13.6%
15.1%
5Y
16.2%
18.4%
19.4%

Fund Distribution

as on (30-Sep-24)

  • Equity 97.3%

  • Debt & Cash 2.7%

Large cap
41.4%

Small cap
39.6%

Mid cap
14.4%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
22.9%
Consumer Cyclical
16.6%
Industrial
14.3%
Consumer Defensive
14.2%
Tech
9.5%
Basic Materials
8.1%
Health
5.8%
Utilities
4.8%
Real Estate
2.9%
Communication
0.5%
Energy
0.5%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
3.08%
0.10%
4.69%
Nifty 500
2.04%
0.97%
3.53%
  • This fund’s returns stands at 3.08% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
  • This fund outperformed Nifty 500 by 1.04% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 1.4K Cr
₹ 1.4K Cr
₹ 1.1K Cr
  • AUM of the fund stands at 1.4K Cr as of Sep'24
  • AUM increased by 34.3 Cr between Sep'24 and Aug'24
Top Stocks bought last month
Tata Technologies Ltd's allocation increased from 0.72% to 1.46%
Tata Technologies Ltd's allocation increased from 0.72% to 1.46%
Tata Consumer Products Ltd's allocation increased from 0.49% to 1.07%
Tata Consumer Products Ltd's allocation increased from 0.49% to 1.07%
Mahindra & Mahindra Financial Services Ltd's allocation increased from 1.37% to 1.8%
Mahindra & Mahindra Financial Services Ltd's allocation increased from 1.37% to 1.8%
Top Stocks sold last month
Hindustan Unilever Ltd's allocation decreased from 4.48 % to 3.58 %
Hindustan Unilever Ltd's allocation decreased from 4.48 % to 3.58 %
Tech Mahindra Ltd's allocation decreased from 2.71 % to 2.55 %
Tech Mahindra Ltd's allocation decreased from 2.71 % to 2.55 %
JTL Industries Ltd's allocation decreased from 2.18 % to 2.09 %
JTL Industries Ltd's allocation decreased from 2.18 % to 2.09 %
Small Cap allocation has gone up from 32.9% to 40.2%
Small Cap allocation has gone up from 32.9% to 40.2%
Mid Cap allocation has gone down from 22.1% to 15.6%
Mid Cap allocation has gone down from 22.1% to 15.6%
Large Cap allocation has gone up from 38.1% to 40.3%
Large Cap allocation has gone up from 38.1% to 40.3%
Cash allocation has gone down from 2.5% to 2.3%
Cash allocation has gone down from 2.5% to 2.3%

Top 3 Sectors in September were Financial Services, Consumer Cyclical & Industrial

Sep'24
Financial Services
23%
Consumer Cyclical
17%
Industrial
14%
Aug'24
Financial Services
22%
Consumer Cyclical
18%
Industrial
16%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
76
73
76
Top 5 Company Concentration
19.2%
19.6%
18.8%
Company having highest exposure
HDFC Bank Ltd (6.6%)
HDFC Bank Ltd (6.4%)
HDFC Bank Ltd (5.8%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
77.5%
80%
79.9%
Sector having highest exposure
Financial Services (22.9%)
Financial Services (22.4%)
Financial Services (25.1%)
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Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹28.62K Cr
as on 30-Sep-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 3 years, JM Flexicap Fund (Direct) Growth Option has given 25.82% return, outperforming this fund by 11.73% per annum.
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In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 51.99% return, outperforming this fund by 19.92%.
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Over the last 1 month, this fund has experienced a 24.0% drop in AUM moving from 1.40K Cr to 1.06K Cr.
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In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 33.86% return, outperforming this fund by 17.59% per annum.
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Over the last 15 months, this fund has decreased expense ratio by 20.1% moving from 1.74 to 1.39.

LIC MF Flexi Cap 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 12.41% since inception which is less than its category average return of 19.79%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.31% in Equity, 0% in Debt and 2.69% in Cash related instruments
AUM size ₹1067 Cr

AUM size ₹1067 Cr

This fund has AUM of ₹1067 Cr which is less than its category average of ₹ 8992 Cr
Expense Ratio 1.39%

Expense Ratio 1.39%

This fund has an expense ratio of 1.39% which is more than its category average expense ratio of 1.34%

Frequently Asked Questions for LIC MF Flexi Cap Fund Direct Growth

The current NAV of LIC MF Flexi Cap Fund Direct Growth is ₹109.99 as on 11-Nov-2024.
Existing (Absolute + CAGR) as on 11-Nov-2024.
LIC MF Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-3.58%
-3.58%
6 Month Returns
14.97%
14.97%
1 Year Returns
31.39%
31.39%
3 Years Returns
49.24%
14.28%
5 Years Returns
111.55%
16.17%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.39% as on October 2024
₹1067 Cr as on October 2024
HDFC Bank Ltd(7.02%), Piramal Pharma Ltd(4.2%), VA Tech Wabag Ltd(3.44%), ICICI Bank Ltd(3.17%), State Bank of India(3.01%) as on October 2024
Financial Services(25.13%), Consumer Cyclical(17.34%), Industrial(13.34%) as on October 2024
The alpha ratio for the LIC MF Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Flexi Cap Fund Direct Growth
0.31
0.67
-1.09
As on October 2024
The alpha for LIC MF Flexi Cap 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Flexi Cap Fund Direct Growth
0.94
0.88
0.83
As on October 2024
The Beta for LIC MF Flexi Cap 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 Flexi Cap 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 Flexi Cap Fund Direct Growth
1.82
0.73
0.68
As on October 2024
The sharpe ratio for LIC MF Flexi Cap 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 Flexi Cap 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 Flexi Cap Fund Direct Growth
13.36
12.72
16.48
As on October 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 1.29 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of LIC MF Flexi Cap Fund Direct Growth is 1%