LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
Equity
Direct
Mid-Cap
NAV: ₹ 20.9 as on 20-09-2023
Fund Performance
About the Fund
LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl is an equity fund. This fund was started on 25 January, 2017. The fund is managed by Karan Doshi. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl has ₹206 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 1.6.
LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl Overview
 | 1.58% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹206 Cr |
 | 25 January, 2017 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 559.26% |
Fund Distribution as on (31-Aug-23)
Size breakup
Mid cap
68.8%
Large cap
24.6%
Small cap
2.7%
Sector Allocation
Consumer Cyclical
32.1%
Industrial
22.3%
Financial Services
18.5%
Basic Materials
13.8%
Health
5.1%
Tech
4.2%
Communication
1.8%
Real Estate
1.6%
Utilities
0.6%
Top Holdings of LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl as on (31-Aug-23)
Equity Holdings54
LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 3.12% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 3.84% as on Aug'23
- This fund underperformed Nifty Midcap 150 by 0.72% in Aug'23
AUM Change
- AUM of the fund stands at 206.3 Cr as of Aug'23
- AUM increased by 4.7 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Suzlon Energy Ltd | 27.2% |
 Supreme Industries Ltd | 25.2% |
 Trent Ltd | 20% |
Top Losers | 1M Return |
|---|---|
 Alkem Laboratories Ltd | -8.6% |
 Balkrishna Industries Ltd | -7.9% |
 Bank of Baroda | -6.9% |
Peer Analysis
LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl Fund Manager
Karan Doshi
Fund Manager of LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl, since 31 July 2023
Top funds managed
Fund 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 11.7% since inception which is less than its category average return of 17.34%
Fund Allocations
This fund has an allocation of 96.16% in Equity, 0% in Debt and 3.84% in Cash related instruments
AUM size ₹206 Cr
This fund has AUM of ₹206 Cr which is less than its category average of ₹ 5918 Cr
Expense Ratio 1.58%
This fund has an expense ratio of 1.58% which is more than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl is ₹20.87 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 5.24% | 5.24% |
6 Month Returns | 31.17% | 31.17% |
1 Year Returns | 16.27% | 16.27% |
3 Years Returns | 89.73% | 23.8% |
5 Years Returns | 87.01% | 13.34% |
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).
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1.58% as on August 2023
₹206 Cr as on August 2023
UNO Minda Ltd(4.26%), Trent Ltd(3.86%), ICICI Bank Ltd(3.47%), The Federal Bank Ltd(3.32%), Cholamandalam Investment and Finance Co Ltd(3.09%) as on August 2023
Consumer Cyclical(30.89%), Industrial(21.4%), Financial Services(17.8%) as on August 2023
The alpha ratio for the LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl | -7.82 | -5.6 | -3.63 |
As on August 2023
The alpha for LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl is calculated against S&P BSE Midcap 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 Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl | 1.02 | 0.95 | 0.91 |
As on August 2023
The Beta for LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl is calculated with S&P BSE Midcap 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 Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl | 0.75 | 1.18 | 0.4 |
As on August 2023
The sharpe ratio for LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl is calculated with S&P BSE Midcap 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 Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl | 12.04 | 15.95 | 21.37 |
As on August 2023
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 2.45 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Karan Doshi is the fund manager of LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
The Exit load of LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl is 1%