LIC MF Large & Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
About the Fund
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 ₹3001 Cr worth of assets under management (AUM) as on Jun 2024 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 17.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 50.62%, 22.63% and 23.90% 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, Tech, Health, Consumer Defensive, Energy, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Shakti Pumps (India) Ltd, Trent Ltd, REC 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends 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 & 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 1000.00. LIC MF Large & Mid Cap Fund Direct Growth has no lock in period.
Fund Performance
613 people have invested ₹ 55.9L in LIC MF Large & Mid Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
11
/21
59% Performance
43% Risk Management
76% Cost
11 out of 21 among large & mid-cap
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.61% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹3001 Cr |
| Inception Date | 25 February, 2015 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 46.39% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
40.6%
Mid cap
35.1%
Small cap
20.3%
Sector Allocation
Financial Services
27.6%
Industrial
24%
Consumer Cyclical
21.7%
Basic Materials
9.2%
Tech
4.4%
Health
3.9%
Consumer Defensive
3.8%
Energy
2.3%
Utilities
1.4%
Communication
1%
Real Estate
0.5%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 4.74% | -0.9% | |
 ICICI Bank Ltd | 4.58% | 0% | |
 Shakti Pumps (India) Ltd | 3.5% | -3.7% | |
 Trent Ltd | 2.96% | 0% | |
 REC Ltd | 2.63% | -7.5% |
See all
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Shakti Pumps (India) Ltd | 24% |
 Garware Hi Tech Films Ltd | 9.1% |
Yogesh Patil
Fund Manager of LIC MF Large & Mid Cap Fund Direct Growth, since 18 September 2020
Top funds managed
Mutual Fund Insights
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 63.99% return, outperforming this fund by 13.36%.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.68% return, outperforming this fund by 7.78% per annum.
Over the last 3 months, this fund has experienced a 17.6% growth in AUM moving from 2.55K Cr to 3.00K Cr.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.57% return, outperforming this fund by 8.95% per annum.
Over the last 3 months, this fund has increased expense ratio by 32.6% moving from 0.46 to 0.61.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.61% which is lower than the category average expense ratio of 1.2%.
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 17.02% since inception which is less than its category average return of 17.98%
Fund Allocations
This fund has an allocation of 96.55% in Equity, 0% in Debt and 3.45% in Cash related instruments
AUM size ₹3001 Cr
This fund has AUM of ₹3001 Cr which is less than its category average of ₹ 7161 Cr
Expense Ratio 0.61%
This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of LIC MF Large & Mid Cap Fund Direct Growth is ₹43.87 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
LIC MF Large & Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.93% | 2.93% |
6 Month Returns | 26.5% | 26.5% |
1 Year Returns | 50.62% | 50.62% |
3 Years Returns | 84.41% | 22.63% |
5 Years Returns | 192.03% | 23.9% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- 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.
0.61% as on June 2024
₹3001 Cr as on June 2024
HDFC Bank Ltd(4.74%), ICICI Bank Ltd(4.58%), Shakti Pumps (India) Ltd(3.5%), Trent Ltd(2.96%), REC Ltd(2.63%) as on June 2024
Financial Services(26.6%), Industrial(23.21%), Consumer Cyclical(21%) as on June 2024
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 | 4.26 | 1.02 | 1.16 |
As on June 2024
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 | 1.01 | 0.94 | 0.89 |
As on June 2024
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 | 2.8 | 1.2 | 0.92 |
As on June 2024
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 | 12.71 | 13.35 | 18.24 |
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 2.5 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.02 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 Large & Mid Cap Fund Direct Growth
The Exit load of LIC MF Large & Mid Cap Fund Direct Growth is 1%