LIC MF Large & Mid Cap Direct Growth

LIC MF Large & Mid Cap Direct Growth

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Equity
Direct
Large & Mid-Cap
NAV: ₹ 39.73 as on 24-05-2024

About the Fund

LIC MF Large & Mid Cap Direct Growth is an equity fund. This fund was started on 25 February, 2015. The fund is managed by Yogesh Patil. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Large & Mid Cap Direct Growth has ₹2739 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.
Fund Performance
zero opening, trading, fund transfer fee
632 people have invested ₹ 48.9L in LIC MF Large & Mid Cap Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.63%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹2739 Cr
Inception Date
Inception Date
25 February, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
46.39%

LIC MF Large & Mid Cap Direct Growth Distribution as on (30-Apr-24)

  • Equity 97.4%

  • Debt & Cash 2.6%

Size breakup

Mid cap
41.2%
Large cap
39.3%
Small cap
16.9%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
30.4%
Consumer Cyclical
23.5%
Industrial
21.7%
Basic Materials
10%
Tech
4.3%
Health
3.3%
Consumer Defensive
3.2%
Energy
2.4%
Communication
0.8%
Utilities
0.5%

Top Holdings of LIC MF Large & Mid Cap Direct Growth as on (30-Apr-24)

  • Equity

Equity Holdings74

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
7.08%
-0.33%
0.13%
NIFTY 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 7.08% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed NIFTY 500 by 4.61% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 2.7K Cr
₹ 2.6K Cr
₹ 2.5K Cr
  • AUM of the fund stands at 2.7K Cr as of Apr'24
  • AUM increased by 187.5 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 73.59% return, outperforming this fund by 26.31%.
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Over the last 1 month, this fund has increased expense ratio by 37.0% moving from 0.46 to 0.63.
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Over the last 6 months, this fund has experienced a 25.1% growth in AUM moving from 2.18K Cr to 2.73K Cr.
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In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 29.62% return, outperforming this fund by 8.76% per annum.
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This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.63% which is lower than the category average expense ratio of 1.21%.
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In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.32% return, outperforming this fund by 9.33% per annum.

INDmoney Rank

Powered by IND quant engine
11
/21
49% Performance
44% Risk Management
89% Cost
11 out of 21 among large & mid-cap

Pros

Beats FD returns for both 3Y & 5Y

Cons

No bad points found for this fund.

Fund Manager

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

LIC MF Large & Mid Cap 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 16.07% since inception which is less than its category average return of 16.79%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.41% in Equity, 0% in Debt and 2.59% in Cash related instruments
AUM size ₹2739 Cr

AUM size ₹2739 Cr

This fund has AUM of ₹2739 Cr which is less than its category average of ₹ 6434 Cr
Expense Ratio 0.63%

Expense Ratio 0.63%

This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of LIC MF Large & Mid Cap Direct Growth is ₹39.73 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
LIC MF Large & Mid Cap Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.46%
7.46%
6 Month Returns
25.21%
25.21%
1 Year Returns
47.28%
47.28%
3 Years Returns
81.51%
21.98%
5 Years Returns
157.86%
20.86%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.63% as on April 2024
₹2739 Cr as on April 2024
ICICI Bank Ltd(4.81%), HDFC Bank Ltd(4.73%), REC Ltd(3.52%), Trent Ltd(2.61%), Power Finance Corp Ltd(2.54%) as on April 2024
Financial Services(29.62%), Consumer Cyclical(22.93%), Industrial(21.11%) as on April 2024
The alpha ratio for the LIC MF Large & Mid Cap Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Large & Mid Cap Direct Growth
1.52
-0.05
0.68
As on April 2024
The alpha for LIC MF Large & Mid Cap Direct Growth is calculated against S&P BSE 200 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 & Mid Cap Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Large & Mid Cap Direct Growth
0.95
0.9
0.88
As on April 2024
The Beta for LIC MF Large & Mid Cap Direct Growth is calculated with S&P BSE 200 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 & Mid Cap 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 & Mid Cap Direct Growth
2.86
1.17
0.82
As on April 2024
The sharpe ratio for LIC MF Large & Mid Cap Direct Growth is calculated with S&P BSE 200 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 & Mid Cap 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 & Mid Cap Direct Growth
11.06
12.72
17.88
As on April 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 2.33 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Yogesh Patil is the fund manager of LIC MF Large & Mid Cap Direct Growth
The Exit load of LIC MF Large & Mid Cap Direct Growth is 1%