LIC MF Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 09-10-2024
₹ 112.76
▲0.5%
1D
Inception Returns
12.7%
/yr
About the Fund
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
- LIC MF Flexi Cap Fund Direct Growth has ₹1404 Cr worth of assets under management (AUM) as on Aug 2024 and is less than category average.
- The fund has an expense ratio 1.4.
Returns
LIC MF Flexi Cap Fund Direct Growth has given a CAGR return of 12.75% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.14%, 15.82% and 17.83% 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, Basic Materials, Health, Utilities, Real Estate, Communication, Energy. Its top holdings are HDFC Bank Ltd, Hindustan Unilever Ltd, Piramal Pharma Ltd, Sudarshan Chemical Industries Ltd, VA Tech Wabag Ltd
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 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 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 1000.00. LIC MF Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
113 people have invested ₹ 5L in LIC MF Flexi Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
19
/20
25% Performance
36% Risk Management
0% Cost
19 out of 20 among flexi cap
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
5Y returns in the bottom 25% of the category
Smaller AUM within category
Fund Overview
| Expense ratio | 1.39% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1404 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 146.57% |
| 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 (09-Oct-24)
Fund Distribution
as on (31-Aug-24)
Large cap
40.3%
Small cap
40.2%
Mid cap
15.6%
Sector Allocation
Financial Services
22.4%
Consumer Cyclical
17.8%
Industrial
16.1%
Consumer Defensive
14.5%
Tech
9.2%
Basic Materials
7.7%
Health
5.7%
Utilities
4.6%
Real Estate
1%
Energy
0.5%
Communication
0.5%
All changes are between Jun'24 and Aug'24
- This fund’s returns stands at 0.10% whereas the fund’s underlying benchmark Nifty 500 returns stands at 0.97% as on Aug'24
- This fund underperformed Nifty 500 by 0.87% in Aug'24
- AUM of the fund stands at 1.4K Cr as of Aug'24
- AUM increased by 257.2 Cr between Aug'24 and Jul'24
Top Stocks bought last month
Maruti Suzuki India Ltd's allocation increased from 1.35% to 2.63%
HDFC Bank Ltd's allocation increased from 5.78% to 6.37%
Hero MotoCorp Ltd's allocation increased from 1.07% to 1.52%
Top Stocks sold last month
Tech Mahindra Ltd's allocation decreased from 2.73 % to 2.71 %
VA Tech Wabag Ltd's allocation decreased from 2.49 % to 2.37 %
EIH Ltd's allocation decreased from 2.59 % to 2.26 %
Mid Cap allocation has gone up from 20.5% to 22.1%
Large Cap allocation has gone down from 40.2% to 38.1%
Small Cap allocation has gone up from 32.4% to 32.9%
Cash allocation has gone down from 2.7% to 2.5%
Top 3 Sectors in August were Financial Services, Consumer Cyclical & Industrial
Aug'24
Financial Services
22%
Consumer Cyclical
18%
Industrial
16%
Jul'24
Financial Services
25%
Consumer Cyclical
17%
Industrial
16%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Va Tech Wabag Ltd | 6% |
 Piramal Pharma Ltd | 3.1% |
 HDFC Bank Ltd | 0.3% |
Loading...
We are taking more time than usual
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
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 37.08% return, outperforming this fund by 19.26% per annum.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 27.53% return, outperforming this fund by 11.7% per annum.
Over the last 6 months, this fund has experienced a 49.4% growth in AUM moving from 939.52 Cr to 1.40K Cr.
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 65.52% return, outperforming this fund by 30.37%.
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
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 12.75% since inception which is less than its category average return of 21.47%
Fund Allocations
This fund has an allocation of 97.69% in Equity, 0% in Debt and 2.31% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 8890 Cr
Expense Ratio 1.39%
This fund has an expense ratio of 1.39% which is more than its category average expense ratio of 1.33%
Frequently Asked Questions
The current NAV of LIC MF Flexi Cap Fund Direct Growth is ₹112.76 as on 09-Oct-2024.
Existing (Absolute + CAGR) as on 09-Oct-2024.
LIC MF Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.91% | -0.91% |
6 Month Returns | 17.47% | 17.47% |
1 Year Returns | 35.14% | 35.14% |
3 Years Returns | 55.37% | 15.82% |
5 Years Returns | 127.09% | 17.83% |
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 September 2024
₹1404 Cr as on September 2024
HDFC Bank Ltd(6.58%), Hindustan Unilever Ltd(3.58%), Piramal Pharma Ltd(3.37%), Sudarshan Chemical Industries Ltd(2.95%), VA Tech Wabag Ltd(2.75%) as on September 2024
Financial Services(22.34%), Consumer Cyclical(16.24%), Industrial(13.95%) as on September 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 | -1.33 | 0.9 | -0.97 |
As on September 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 | 0.98 | 0.87 | 0.83 |
As on September 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 | 2.32 | 0.95 | 0.81 |
As on September 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 | 11.65 | 12.06 | 16.2 |
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 1.86 as on September 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%