LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl

LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl

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Equity
Direct
Mid-Cap
NAV: ₹ 25.26 as on 12-04-2024
Fund Performance

About the LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl

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

  1. LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl has ₹243 Cr worth of assets under management (AUM) as on Feb 2024 and is less than category average.
  2. The fund has an expense ratio 1.6.

LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl Overview

Expense ratio
Expense ratio
1.57%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹243 Cr
Inception Date
Inception Date
25 January, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
559.26%

LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl Distribution as on (29-Feb-24)

  • Equity 96.8%

  • Debt & Cash 3.2%

Size breakup

Mid cap
64.3%
Large cap
22.2%
Small cap
10.3%
Sector Allocation

Feb'24

Jan'24

Dec'23

Consumer Cyclical
32.4%
Financial Services
21.1%
Industrial
18.4%
Basic Materials
14.2%
Tech
4.7%
Health
3.8%
Utilities
1.9%
Real Estate
1.9%
Communication
1.8%

Top Holdings of LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl as on (31-Mar-24)

  • Equity

Equity Holdings54

LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl: Monthly Changes Updates

All changes are between Dec'23 and Feb'24
Fund Performance
Feb'24
Jan'24
Dec'23
Fund Returns
1.32%
1.07%
5.20%
Nifty Midcap 150
0.27%
4.14%
6.04%
  • This fund’s returns stands at 1.32% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 0.27% as on Feb'24
  • This fund outperformed Nifty Midcap 150 by 1.04% in Feb'24
AUM Change
Parameters
Feb'24
Jan'24
Dec'23
AUM
₹ 238.7 Cr
₹ 238.7 Cr
₹ 224.8 Cr
  • AUM of the fund stands at 238.7 Cr as of Feb'24
  • AUM has remained same between Feb'24 and Jan'24
Fund Portfolio Changes

Gainers & Losers in LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl portfolio Returns for the month of Feb

Top Growth Drivers
1M Return
Indian Hotels Co Ltd
Indian Hotels Co Ltd
3.2%
Trent Ltd
Trent Ltd
0.6%

LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl Fund Manager

Karan Doshi
Karan Doshi
Fund Manager of LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl, since 31 July 2023

LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl 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 13.71% since inception which is less than its category average return of 19.02%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.81% in Equity, 0% in Debt and 3.19% in Cash related instruments
AUM size ₹243 Cr

AUM size ₹243 Cr

This fund has AUM of ₹243 Cr which is less than its category average of ₹ 7331 Cr
Expense Ratio 1.57%

Expense Ratio 1.57%

This fund has an expense ratio of 1.57% which is more than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl is ₹25.26 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
LIC MF Midcap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.66%
5.66%
6 Month Returns
20.29%
20.29%
1 Year Returns
51.89%
51.89%
3 Years Returns
80.55%
21.77%
5 Years Returns
134.97%
18.63%
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1.57% as on March 2024
₹243 Cr as on March 2024
Trent Ltd(3.79%), UNO Minda Ltd(3.65%), ICICI Bank Ltd(3.12%), Bharat Electronics Ltd(2.77%), PI Industries Ltd(2.76%) as on March 2024
Consumer Cyclical(30.45%), Industrial(19.91%), Financial Services(19.49%) as on March 2024
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
1.24
-5.04
-3.58
As on March 2024
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
0.83
0.94
0.92
As on March 2024
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
2.98
0.91
0.65
As on March 2024
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
11.63
14.54
20.82
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 1.69 as on March 2024. 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%