LIC MF Large Cap Fund Direct Growth

Equity
Direct
Large-Cap
LIC MF Large Cap Fund Direct Growth

About the Fund

LIC MF Large Cap 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 Large Cap Fund Direct Growth has ₹1428 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.

Returns

LIC MF Large Cap Fund Direct Growth has given a CAGR return of 13.88% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.91%, 14.51% and 15.62% respectively.

Holdings

LIC MF Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Consumer Defensive, Energy, Tech, Basic Materials, Utilities, Communication, Health. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd, ITC Ltd

Taxation

As it is a large-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 Large Cap Fund Direct Growth

To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF Large Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
248 people have invested ₹ 13.5L in LIC MF Large Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
17
/19
20% Performance
43% Risk Management
24% Cost
17 out of 19 among large-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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3Y returns in the bottom 25% of the category

Fund Overview

Expense ratio
Expense ratio
1.02%
Benchmark
Benchmark
S&P BSE 100 India TR INR
AUM
AUM
₹1428 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
35.11%

Fund Distribution
as on (31-May-24)

  • Equity 97.6%

  • Debt & Cash 2.4%

Large cap
91.4%

Mid cap
3.5%

Small cap
2.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
34.1%
Industrial
12.4%
Consumer Cyclical
11.1%
Consumer Defensive
9.8%
Energy
9.7%
Tech
7.9%
Basic Materials
5.5%
Utilities
3.4%
Communication
3.2%
Health
3%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Yogesh Patil
Yogesh Patil
Fund Manager of LIC MF Large Cap Fund Direct Growth, since 18 September 2020

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has increased expense ratio by 36.0% moving from 0.75 to 1.02.
Insights icon
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 25.13% return, outperforming this fund by 10.62% per annum.
Insights icon
In the last 1 year, Quant Large Cap Fund Direct Growth has given 51.47% return, outperforming this fund by 22.56%.
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In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.08% return, outperforming this fund by 4.45% per annum.

LIC MF Large 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 13.88% since inception which is less than its category average return of 14.01%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.63% in Equity, 0% in Debt and 2.37% in Cash related instruments
AUM size ₹1428 Cr

AUM size ₹1428 Cr

This fund has AUM of ₹1428 Cr which is less than its category average of ₹ 6321 Cr
Expense Ratio 1.02%

Expense Ratio 1.02%

This fund has an expense ratio of 1.02% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of LIC MF Large Cap Fund Direct Growth is ₹59.45 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
LIC MF Large Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.22%
7.22%
6 Month Returns
14.81%
14.81%
1 Year Returns
28.91%
28.91%
3 Years Returns
50.14%
14.51%
5 Years Returns
106.64%
15.62%
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1.02% as on May 2024
₹1428 Cr as on May 2024
HDFC Bank Ltd(8.33%), ICICI Bank Ltd(7.56%), Reliance Industries Ltd(7.55%), Larsen & Toubro Ltd(4.9%), ITC Ltd(3.73%) as on May 2024
Financial Services(33.29%), Industrial(12.08%), Consumer Cyclical(10.81%) as on May 2024
The alpha ratio for the LIC MF Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Large Cap Fund Direct Growth
-1.1
-1.02
0.13
As on May 2024
The alpha for LIC MF Large Cap Fund Direct Growth is calculated against S&P BSE 100 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 Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Large Cap Fund Direct Growth
0.9
0.94
0.88
As on May 2024
The Beta for LIC MF Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 Large 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 Large Cap Fund Direct Growth
1.65
0.66
0.6
As on May 2024
The sharpe ratio for LIC MF Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 Large 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 Large Cap Fund Direct Growth
9.86
12.34
16.79
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 1.18 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Yogesh Patil is the fund manager of LIC MF Large Cap Fund Direct Growth
The Exit load of LIC MF Large Cap Fund Direct Growth is 1%