Equity
Direct
Sector - Healthcare
NAV as on 06-12-2024
₹ 33.21
1D
Inception Returns
23.1%
/yr
LIC MF Healthcare Fund Direct Growth is an equity fund. This fund was started on 28 February, 2019. The fund is managed by Karan Doshi. The fund could potentially beat inflation in the long-run.
LIC MF Healthcare Fund Direct Growth has given a CAGR return of 23.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 50.56%, 20.58% and 25.56% respectively.
LIC MF Healthcare Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Basic Materials. Its top holdings are Sun Pharmaceuticals Industries Ltd, Piramal Pharma Ltd, Artemis Medicare Services Ltd Ordinary Shares, Torrent Pharmaceuticals Ltd, Syngene International Ltd
As it is a sector - healthcare 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 objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Healthcare and Allied sectors. 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 200.00. LIC MF Healthcare Fund Direct Growth has no lock in period.
Expense ratio | 1.21% |
Benchmark | S&P BSE Healthcare PR |
AUM | ₹81 Cr |
Inception Date | 28 February, 2019 |
Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 414.8% |
STCG | Selling mutual fund 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 (06-Dec-24)
as on (31-Oct-24)
Top 2 Sectors in October were Health, Basic Materials
LIC MF Healthcare Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 27.69% | 27.69% |
1 Year Returns | 50.56% | 50.56% |
3 Years Returns | 75.32% | 20.58% |
5 Years Returns | 212.09% | 25.56% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Healthcare Fund Direct Growth | 7.06 | -0.55 | -0.22 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Healthcare Fund Direct Growth | 0.85 | 0.93 | 0.92 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF Healthcare Fund Direct Growth | 2.94 | 0.82 | 1.03 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF Healthcare Fund Direct Growth | 11.44 | 15.26 | 18.38 |