LIC MF S & P BSE Sensex Index Fund Direct Growth
About the Fund
LIC MF S & P BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF S & P BSE Sensex Index Fund Direct Growth has ₹83 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
LIC MF S & P BSE Sensex Index Fund Direct Growth has given a CAGR return of 13.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.76%, 15.83% and 17.06% respectively.
Holdings
LIC MF S & P BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Industrial, Basic Materials, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd
Taxation
As it is a index funds 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 S & P BSE Sensex Index Fund Direct Growth
The main investment objective of the fund is to generate returns commensurate with the performance of the index S&P BSE Sensex based on the plans by investing in the respective index stocks subject to tracking errors. However, there is no assurance that the investment objective of the Schemes will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF S & P BSE Sensex Index Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 0.38% |
Benchmark | BSE Sensex TR INR |
| AUM | ₹83 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.25% |
| Lock In | No Lock-in |
TurnOver | 24.6% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
 Reliance Industries Ltd | 3.2% |
Mutual Fund Insights
LIC MF S & P BSE Sensex Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹83 Cr
Expense Ratio 0.38%
Frequently Asked Questions
LIC MF S & P BSE Sensex Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.68% | 3.68% |
6 Month Returns | 13.45% | 13.45% |
1 Year Returns | 21.76% | 21.76% |
3 Years Returns | 55.41% | 15.83% |
5 Years Returns | 119.81% | 17.06% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF S & P BSE Sensex Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF S & P BSE Sensex Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF S & P BSE Sensex Index Fund Direct Growth | 1.26 | 0.77 | 0.62 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF S & P BSE Sensex Index Fund Direct Growth | 11.7 | 12.8 | 18.47 |