LIC MF Large & Mid Cap Fund Direct Growth
NAV as on 26-03-2025
₹ 41.21
1D
Inception Returns
15.1%
/yr
Historical NAV & Returns
Absolute
▲
▼
761 people have invested ₹ 62.3L in LIC MF Large & Mid Cap Fund Direct Growth in the last three months
About LIC MF Large & Mid Cap Fund Direct Growth
LIC MF Large & Mid Cap Fund 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
- LIC MF Large & Mid Cap Fund Direct Growth has ₹2598 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
LIC MF Large & Mid Cap Fund Direct Growth has given a CAGR return of 15.08% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 17.64%, 16.35% and 25.83% respectively.
Holdings
LIC MF Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Health, Tech, Energy, Consumer Defensive, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Shakti Pumps (India) Ltd, Trent Ltd, Garware Hi-Tech Films Ltd
Taxation
As it is a large & mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of LIC MF Large & Mid Cap Fund Direct Growth
To generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of large cap and midcap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Large & Mid Cap Fund Direct Growth has no lock in period.
LIC MF Large & Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.63% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹2598 Cr |
| Inception Date | 25 February, 2015 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 46.39% |
| 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 |
INDmoney Rank for LIC MF Large & Mid Cap Fund Direct Growth
Powered by IND quant engine
16
/21
52% Performance
39% Risk Management
76% Cost
16 out of 21 among large & mid-cap
Beats FD returns for both 3Y & 5Y
5Y returns in the bottom 25% of the category
Trailing Returns
as on (26-Mar-25)
Fund Distribution
as on (28-Feb-25)
Large cap
42.5%
Mid cap
36.5%
Small cap
17.2%
Sector Allocation
Financial Services
25.5%
Industrial
23.1%
Consumer Cyclical
17.1%
Basic Materials
9.5%
Health
6.7%
Tech
6.4%
Energy
3.3%
Consumer Defensive
2.9%
Utilities
2.5%
Communication
1.8%
Real Estate
1.2%
All changes are between Dec'24 and Feb'25
- AUM of the fund stands at 2.6K Cr as of Feb'25
- AUM decreased by 317.6 Cr between Feb'25 and Jan'25
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.75% to 5.43%
Shriram Finance Ltd's allocation increased from 1.91% to 2.43%
Apollo Hospitals Enterprise Ltd's allocation increased from 1.04% to 1.54%
Top Stocks sold last month
Shakti Pumps (India) Ltd's allocation decreased from 4.06 % to 3.93 %
Trent Ltd's allocation decreased from 3 % to 2.84 %
REC Ltd's allocation decreased from 2.37 % to 2.23 %
Large Cap allocation has gone up from 41.6% to 42.5%
Small Cap allocation has gone down from 18.8% to 17.2%
Mid Cap allocation has gone up from 36.3% to 36.5%
Cash allocation has gone up from 2.3% to 3.5%
Top 3 Sectors in February were Industrial, Financial Services & Consumer Cyclical
Feb'25
Financial Services
26%
Industrial
23%
Consumer Cyclical
17%
Jan'25
Industrial
26%
Financial Services
24%
Consumer Cyclical
16%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.43% | 0% | |
 ICICI Bank Ltd | 5.12% | 0% | |
 Shakti Pumps (India) Ltd | 3.93% | 0.4% | |
 Trent Ltd | 2.84% | 0% | |
 Garware Hi-Tech Films Ltd | 2.8% | 0.1% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Shriram Finance Ltd | 10.7% |
 Garware Hi Tech Films Ltd | 2.2% |
 Abbott India Ltd | 2.1% |
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Yogesh Patil
Fund Manager of LIC MF Large & Mid Cap Fund Direct Growth, since 18 September 2020
Top funds managed
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹30.83K Cr
as on 28-Feb-2025
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com
Mutual Fund Insights
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 1.27%.
In the last 5 years, ICICI Prudential Large & Mid Cap Fund Direct Plan Growth has given 32.88% return, outperforming this fund by 7.05% per annum.
Over the last 1 year, this fund has decreased expense ratio by 18.2% moving from 0.77 to 0.63.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 25.89% return, outperforming this fund by 9.54% per annum.
Over the last 3 months, this fund has experienced a 16.9% drop in AUM moving from 3.12K Cr to 2.59K Cr.
In the last 1 year, DSP Equity Opportunities Fund Direct Plan Growth has given 17.66% return, outperforming this fund by 0.01%.
LIC MF Large & Mid Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.08% since inception which is more than its category average return of 13.93%
Fund Allocations
This fund has an allocation of 96.49% in Equity, 0% in Debt and 3.51% in Cash related instruments
AUM size ₹2598 Cr
This fund has AUM of ₹2598 Cr which is less than its category average of ₹ 7619 Cr
Expense Ratio 0.63%
This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.38%
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Frequently Asked Questions for LIC MF Large & Mid Cap Fund Direct Growth
The current NAV of LIC MF Large & Mid Cap Fund Direct Growth is ₹41.21 as on 26-Mar-2025.
Existing (Absolute + CAGR) as on 26-Mar-2025.
LIC MF Large & Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.95% | 5.95% |
6 Month Returns | -10.84% | -10.84% |
1 Year Returns | 17.64% | 17.64% |
3 Years Returns | 57.52% | 16.35% |
5 Years Returns | 215.42% | 25.83% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.63% as on February 2025
₹2598 Cr as on February 2025
HDFC Bank Ltd(5.43%), ICICI Bank Ltd(5.12%), Shakti Pumps (India) Ltd(3.93%), Trent Ltd(2.84%), Garware Hi-Tech Films Ltd(2.8%) as on February 2025
Financial Services(24.61%), Industrial(22.28%), Consumer Cyclical(16.47%) as on February 2025
The alpha ratio for the LIC MF Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Large & Mid Cap Fund Direct Growth | 6.71 | -1.24 | -1.48 |
As on February 2025
The alpha for LIC MF Large & Mid Cap Fund 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 Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Large & Mid Cap Fund Direct Growth | 1.16 | 0.97 | 0.92 |
As on February 2025
The Beta for LIC MF Large & Mid Cap Fund 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 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 & Mid Cap Fund Direct Growth | 0.05 | 0.5 | 0.66 |
As on February 2025
The sharpe ratio for LIC MF Large & Mid Cap Fund 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 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 & Mid Cap Fund Direct Growth | 19 | 15.23 | 19.12 |
As on February 2025
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 0.79 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Yogesh Patil is the fund manager of LIC MF Large & Mid Cap Fund Direct Growth
The Exit load of LIC MF Large & Mid Cap Fund Direct Growth is 1%