LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan

Equity
Direct
Sector - Healthcare
LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan

About the Fund

LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan 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.

Key Parameters

  1. LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan has ₹60 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.

Returns

LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan has given a CAGR return of 20.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.03%, 11.56% and 22.21% respectively.

Holdings

LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan has allocated its funds majorly in Cash Equivalent, Health, Basic Materials. Its top holdings are Sun Pharmaceuticals Industries Ltd, Cipla Ltd, J.B. Chemicals & Pharmaceuticals Ltd, Piramal Pharma Ltd, Divi's Laboratories Ltd

Taxation

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 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 Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan

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 and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan has no lock in period.

Fund Performance

Fund Overview

Expense ratio1.21%
Benchmark
S&P BSE Healthcare PR
AUM₹60 Cr
Inception Date28 February, 2019
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
414.8%
Risk
Risk meter
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Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 97.3%

  • Debt & Cash 2.7%

Large cap
44%

Small cap
29%

Mid cap
24.2%

Sector Allocation

May'24

Apr'24

Mar'24

Health
97.6%
Basic Materials
2.4%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Karan Doshi
Karan Doshi
Fund Manager of LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan, since 31 July 2023

LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan 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 20.26% since inception which is less than its category average return of 21.09%
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 ₹60 Cr

AUM size ₹60 Cr

This fund has AUM of ₹60 Cr which is less than its category average of ₹ 1665 Cr
Expense Ratio 1.21%

Expense Ratio 1.21%

This fund has an expense ratio of 1.21% which is less than its category average expense ratio of 1.45%

Frequently Asked Questions

The current NAV of LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan is ₹26.54 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan
Absolute Returns
CAGR Returns
1 Month Returns
2.46%
2.46%
6 Month Returns
22.1%
22.1%
1 Year Returns
43.03%
43.03%
3 Years Returns
38.85%
11.56%
5 Years Returns
172.59%
22.21%
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.
1.21% as on May 2024
₹60 Cr as on May 2024
Sun Pharmaceuticals Industries Ltd(11.22%), Cipla Ltd(6.5%), J.B. Chemicals & Pharmaceuticals Ltd(6.18%), Piramal Pharma Ltd(6.05%), Divi's Laboratories Ltd(5.92%) as on May 2024
The alpha ratio for the LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan
1.33
-1.63
1.06
As on May 2024
The alpha for LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan is calculated against S&P BSE Healthcare PR. 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 Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan
0.9
0.92
0.9
As on May 2024
The Beta for LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan is calculated with S&P BSE Healthcare PR. 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 Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan
2.15
0.37
0.87
As on May 2024
The sharpe ratio for LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan is calculated with S&P BSE Healthcare PR. 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 Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan
14.72
14.23
17.88
As on May 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 0.58 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Karan Doshi is the fund manager of LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan
The Exit load of LIC MF Healthcare Fund Direct Transfer of Income Distribution cum Cap Wdrl plan is 1%