LIC MF Infrastructure Fund Direct Growth

Equity
Direct
Equity - Infrastructure
LIC MF Infrastructure Fund Direct Growth

About the Fund

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

Key Parameters

  1. LIC MF Infrastructure Fund Direct Growth has ₹430 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.5.

Returns

LIC MF Infrastructure Fund Direct Growth has given a CAGR return of 18.03% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 85.52%, 39.00% and 30.66% respectively.

Holdings

LIC MF Infrastructure Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Utilities, Consumer Cyclical, Financial Services, Tech, Real Estate, Health, Communication. Its top holdings are Schneider Electric Infrastructure Ltd, Bharat Bijlee Ltd, Garware Hi-Tech Films Ltd, Shakti Pumps (India) Ltd, Texmaco Rail & Engineering Ltd

Taxation

As it is a equity - infrastructure 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 Infrastructure Fund Direct Growth

The investment objective of the scheme is to generate long-term growth from a portfolio of equity / equity related instruments of companies engaged either directly or indirectly in the infrastructure sector. 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 Infrastructure Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
967 people have invested ₹ 3.8Cr in LIC MF Infrastructure Fund Direct Growth in the last three months

INDmoney Rank

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IND ranking is not available for this fund.
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Fund Overview

Expense ratio1.45%
Benchmark
S&P BSE 500 India TR INR
AUM₹430 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
51.48%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 93.4%

  • Debt & Cash 6.6%

Small cap
61.3%
Large cap
15.4%
Mid cap
13%
Sector Allocation

Jun'24

May'24

Apr'24

Industrial
63.5%
Basic Materials
8.9%
Utilities
8.8%
Consumer Cyclical
7.9%
Financial Services
4.9%
Tech
4.6%
Communication
0.8%
Real Estate
0.6%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
Schneider Electric Infrastructure Ltd
Schneider Electric Infrastructure Ltd
4.06%
36.3%
Bharat Bijlee Ltd
Bharat Bijlee Ltd
4.03%
2.6%
Garware Hi-Tech Films Ltd
Garware Hi-Tech Films Ltd
3.95%
74.3%
Shakti Pumps (India) Ltd
Shakti Pumps (India) Ltd
3.52%
0%
Texmaco Rail & Engineering Ltd
Texmaco Rail & Engineering Ltd
3.45%
2.6%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
LIC MF Infrastructure Fund Direct Growth
LIC MF Infrastructure Fund Direct Growth
85.5%
39%
30.7%
18%
Bandhan Infrastructure Fund - Direct Plan - Growth
Bandhan Infrastructure Fund - Direct Plan - Growth
86.3%
36.3%
32.8%
18.7%
Quant Infrastructure Fund Growth Option Direct Plan
Quant Infrastructure Fund Growth Option Direct Plan
78.1%
37.2%
40.1%
21.1%
DSP India T.I.G.E.R. Fund - Direct Plan - Growth
DSP India T.I.G.E.R. Fund - Direct Plan - Growth
71.7%
36.5%
31%
19.2%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Shakti Pumps (India) Ltd
Shakti Pumps (India) Ltd
24%
Garware Hi Tech Films Ltd
Garware Hi Tech Films Ltd
9.1%

Yogesh Patil
Yogesh Patil
Fund Manager of LIC MF Infrastructure Fund Direct Growth, since 18 September 2020
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
LIC MF Large & Mid Cap Direct Growth
22.63%
21.68%
LIC MF Infrastructure Fund Direct Plan Growth Option
39%
31.63%
LIC MF Large Cap Fund Direct Plan Growth
15.73%
17.88%

Mutual Fund Insights

Insights icon
In the last 3 years, ICICI Prudential Infrastructure Fund Direct Plan Growth has given 40.11% return, outperforming this fund by 1.11% per annum.
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Over the last 3 months, this fund has increased expense ratio by 19.8% moving from 1.21 to 1.45.
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In the last 1 year, Bandhan Infrastructure Fund - Direct Plan - Growth has given 86.26% return, outperforming this fund by 0.74%.
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In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 40.09% return, outperforming this fund by 9.44% per annum.
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This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 1.45% which is lower than the category average expense ratio of 1.54%.
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Over the last 6 months, this fund has experienced a 173.3% growth in AUM moving from 157.39 Cr to 430.21 Cr.

LIC MF Infrastructure 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 18.03% since inception which is more than its category average return of 14.82%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.38% in Equity, 0% in Debt and 6.62% in Cash related instruments
AUM size ₹430 Cr

AUM size ₹430 Cr

This fund has AUM of ₹430 Cr which is less than its category average of ₹ 1826 Cr
Expense Ratio 1.45%

Expense Ratio 1.45%

This fund has an expense ratio of 1.45% which is less than its category average expense ratio of 1.73%

Frequently Asked Questions

The current NAV of LIC MF Infrastructure Fund Direct Growth is ₹57.56 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
LIC MF Infrastructure Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.43%
3.43%
6 Month Returns
43.74%
43.74%
1 Year Returns
85.52%
85.52%
3 Years Returns
168.54%
39%
5 Years Returns
280.78%
30.66%
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1.45% as on June 2024
₹430 Cr as on June 2024
Schneider Electric Infrastructure Ltd(4.06%), Bharat Bijlee Ltd(4.03%), Garware Hi-Tech Films Ltd(3.95%), Shakti Pumps (India) Ltd(3.52%), Texmaco Rail & Engineering Ltd(3.45%) as on June 2024
Industrial(56.79%), Basic Materials(9.34%), Utilities(8.35%) as on June 2024
The alpha ratio for the LIC MF Infrastructure Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Infrastructure Fund Direct Growth
38.98
13.93
5.2
As on June 2024
The alpha for LIC MF Infrastructure 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 Infrastructure Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Infrastructure Fund Direct Growth
0.46
0.7
0.95
As on June 2024
The Beta for LIC MF Infrastructure 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 Infrastructure 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 Infrastructure Fund Direct Growth
4.26
2.14
1.07
As on June 2024
The sharpe ratio for LIC MF Infrastructure 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 Infrastructure 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 Infrastructure Fund Direct Growth
13.68
13.72
21.15
As on June 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 6.23 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.99 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Yogesh Patil is the fund manager of LIC MF Infrastructure Fund Direct Growth
The Exit load of LIC MF Infrastructure Fund Direct Growth is 1%