LIC MF Large & Mid Cap Direct Growth
Equity
Direct
Large & Mid-Cap
NAV: ₹ 36.94 as on 24-04-2024
Fund Performance
633 people have invested ₹ 39.4L in LIC MF Large & Mid Cap Direct Growth in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.46% which is lower than the category average expense ratio of 1.23%.
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 65.92% return, outperforming this fund by 22.88%.
Over the last 1 month, this fund has decreased expense ratio by 40.3% moving from 0.77 to 0.46.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 32.46% return, outperforming this fund by 11.36% per annum.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 27.44% return, outperforming this fund by 8.42% per annum.
INDmoney Rank of LIC MF Large & Mid Cap Direct Growth
Powered by IND quant engine
15
/21
44% Performance
44% Risk Management
89% Cost
15 out of 21 among large & mid-cap
Pros
Beats FD returns for both 3Y & 5Y
Cons
Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk
About the LIC MF Large & Mid Cap Direct Growth
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
- LIC MF Large & Mid Cap Direct Growth has ₹2551 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.5.
LIC MF Large & Mid Cap Direct Growth Overview
 | 0.46% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹2551 Cr |
 | 25 February, 2015 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 46.39% |
LIC MF Large & Mid Cap Direct Growth Distribution as on (31-Mar-24)
Size breakup
Mid cap
41.1%
Large cap
40.3%
Small cap
15.4%
Sector Allocation
Financial Services
30.8%
Consumer Cyclical
23.2%
Industrial
19%
Basic Materials
11.2%
Tech
6.3%
Health
3.7%
Consumer Defensive
2.7%
Energy
2.6%
Utilities
0.5%
Top Holdings of LIC MF Large & Mid Cap Direct Growth as on (31-Mar-24)
Equity Holdings72
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.91% | 0% | |
 HDFC Bank Ltd | 4.84% | 0% | |
 REC Ltd | 3.09% | 0% | |
 Reliance Industries Ltd | 2.51% | 0% | |
 Trent Ltd | 2.51% | 0% |
See all
LIC MF Large & Mid Cap Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.33% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.47% as on Mar'24
- This fund outperformed NIFTY 500 by 0.14% in Mar'24
AUM Change
- AUM of the fund stands at 2.6K Cr as of Mar'24
- AUM increased by 1.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in LIC MF Large & Mid Cap Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Schneider Electric Infrastructure Ltd | 23.9% |
 Cummins India Ltd | 14.4% |
 Bajaj Finance Ltd | 12% |
Peer Analysis
LIC MF Large & Mid Cap Direct Growth Fund Manager
Yogesh Patil
Fund Manager of LIC MF Large & Mid Cap Direct Growth, since 18 September 2020
Top funds managed
LIC MF Large & Mid Cap 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 15.31% since inception which is less than its category average return of 16.04%
Fund Allocations
This fund has an allocation of 96.79% in Equity, 0% in Debt and 3.21% in Cash related instruments
AUM size ₹2551 Cr
This fund has AUM of ₹2551 Cr which is less than its category average of ₹ 6088 Cr
Expense Ratio 0.46%
This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 1.36%
Frequently Asked Questions
The current NAV of LIC MF Large & Mid Cap Direct Growth is ₹36.94 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
LIC MF Large & Mid Cap Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.57% | 5.57% |
6 Month Returns | 22.78% | 22.78% |
1 Year Returns | 43.04% | 43.04% |
3 Years Returns | 77.61% | 21.1% |
5 Years Returns | 138.83% | 19.02% |
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0.46% as on March 2024
₹2551 Cr as on March 2024
ICICI Bank Ltd(4.91%), HDFC Bank Ltd(4.84%), REC Ltd(3.09%), Trent Ltd(2.51%), Reliance Industries Ltd(2.51%) as on March 2024
Financial Services(29.82%), Consumer Cyclical(22.44%), Industrial(18.37%) as on March 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 | -1.35 | -0.69 | 0.2 |
As on March 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 | 0.9 | 0.89 | 0.87 |
As on March 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 | 2.7 | 1.06 | 0.74 |
As on March 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 | 10.23 | 12.32 | 17.74 |
As on March 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 2.04 as on March 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%