LIC MF Large & Mid Cap Fund Direct Growth

LIC MF Large & Mid Cap Fund Direct Growth

NAV as on 26-03-2025

₹ 41.21

-0.8%

1D

Inception Returns

15.1%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
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

  1. 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.
  2. 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 benefit
Dividends 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 ratio0.63%
Benchmark
S&P BSE 200 India TR INR
AUM₹2598 Cr
Inception Date25 February, 2015
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
46.39%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
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
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Beats FD returns for both 3Y & 5Y
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5Y returns in the bottom 25% of the category

Trailing Returns

as on (26-Mar-25)

Period
LIC MF Large & Mid Cap Fund Direct Growth
NIFTY 500
large & mid-cap
1M
6%
4.2%
2.8%
3M
-7.8%
-5.1%
-9%
6M
-10.8%
-13.2%
-14.1%
1Y
17.6%
6.3%
8.3%
3Y
16.4%
13.2%
16.2%
5Y
25.8%
24.9%
26.9%

Fund Distribution

as on (28-Feb-25)

  • Equity 96.5%

  • Debt & Cash 3.5%

Large cap
42.5%

Mid cap
36.5%

Small cap
17.2%

Sector Allocation

Feb'25

Jan'25

Dec'24

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
Dec'24
Fund Returns
0.19%
NIFTY 500
-2.02%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 2.6K Cr
₹ 2.9K Cr
₹ 3.1K Cr
  • 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%
HDFC Bank Ltd's allocation increased from 4.75% to 5.43%
Shriram Finance Ltd's allocation increased from 1.91% to 2.43%
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%
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 %
Shakti Pumps (India) Ltd's allocation decreased from 4.06 % to 3.93 %
Trent Ltd's allocation decreased from 3 % to 2.84 %
Trent Ltd's allocation decreased from 3 % to 2.84 %
REC Ltd's allocation decreased from 2.37 % to 2.23 %
REC Ltd's allocation decreased from 2.37 % to 2.23 %
Large Cap allocation has gone up from 41.6% to 42.5%
Large Cap allocation has gone up from 41.6% to 42.5%
Small Cap allocation has gone down from 18.8% to 17.2%
Small Cap allocation has gone down from 18.8% to 17.2%
Mid Cap allocation has gone up from 36.3% to 36.5%
Mid Cap allocation has gone up from 36.3% to 36.5%
Cash allocation has gone up from 2.3% to 3.5%
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%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
76
76
77
Top 5 Company Concentration
20.1%
19%
20.5%
Company having highest exposure
HDFC Bank Ltd (5.4%)
HDFC Bank Ltd (4.7%)
HDFC Bank Ltd (4.8%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
81.9%
83%
83.6%
Sector having highest exposure
Financial Services (25.5%)
Industrial (26.4%)
Industrial (25.9%)
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Yogesh Patil
Yogesh Patil
Fund Manager of LIC MF Large & Mid Cap Fund Direct Growth, since 18 September 2020
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

Insights icon
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%.
Insights icon
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.
Insights icon
Over the last 1 year, this fund has decreased expense ratio by 18.2% moving from 0.77 to 0.63.
Insights icon
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.
Insights icon
Over the last 3 months, this fund has experienced a 16.9% drop in AUM moving from 3.12K Cr to 2.59K Cr.
Insights icon
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

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 15.08% since inception which is more than its category average return of 13.93%
Fund Allocations

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

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%

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.
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  • 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%