LIC MF Small Cap Fund Direct Growth

Equity
Direct
Small-Cap
LIC MF Small Cap Fund Direct Growth

About the Fund

LIC MF Small Cap Fund Direct Growth is an equity fund. This fund was started on 21 June, 2017. The fund is managed by Yogesh Patil. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Small Cap Fund Direct Growth has ₹237 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.5.

Returns

LIC MF Small Cap Fund Direct Growth has given a CAGR return of 19.09% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 52.63%, 30.74% and 28.71% respectively.

Holdings

LIC MF Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Consumer Cyclical, Health, Financial Services, Tech, Utilities, Communication, Real Estate, Consumer Defensive. Its top holdings are Garware Hi-Tech Films Ltd, Kirloskar Oil Engines Ltd, Kennametal India Ltd, Shakti Pumps (India) Ltd, Bharat Bijlee Ltd

Taxation

As it is a small-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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of LIC MF Small Cap Fund Direct Growth

The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small Cap companies. However there can be no assurance that the investment objective under the Scheme 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 Small Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
272 people have invested ₹ 16.3L in LIC MF Small Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
13
/17
51% Performance
51% Risk Management
0% Cost
13 out of 17 among small-cap
img
3Y returns in the top 25% of the category
img
Beats FD returns for both 3Y & 5Y
img
Smaller AUM within category

Fund Overview

Expense ratio1.52%
Benchmark
S&P BSE Smallcap TR INR
AUM₹237 Cr
Inception Date21 June, 2017
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
684.33%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 96.2%

  • Debt & Cash 3.8%

Small cap
93.2%

Mid cap
3%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
42.2%
Basic Materials
17.7%
Consumer Cyclical
12.7%
Health
6.2%
Financial Services
5.7%
Tech
5.3%
Utilities
3.8%
Communication
3.7%
Real Estate
1.5%
Consumer Defensive
1.2%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Yogesh Patil
Yogesh Patil
Fund Manager of LIC MF Small Cap Fund Direct Growth, since 31 July 2023

Mutual Fund Insights

Insights icon
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 71.88% return, outperforming this fund by 19.26%.
Insights icon
In the last 3 years, Quant Small Cap Fund Growth Option Direct Plan has given 36.18% return, outperforming this fund by 5.45% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 29.6% growth in AUM moving from 183.06 Cr to 237.22 Cr.
Insights icon
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 44.65% return, outperforming this fund by 15.94% per annum.

LIC MF Small Cap Fund Direct Growth 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 19.09% since inception which is less than its category average return of 21.39%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.21% in Equity, 0% in Debt and 3.8% in Cash related instruments
AUM size ₹237 Cr

AUM size ₹237 Cr

This fund has AUM of ₹237 Cr which is less than its category average of ₹ 6871 Cr
Expense Ratio 1.52%

Expense Ratio 1.52%

This fund has an expense ratio of 1.52% which is more than its category average expense ratio of 1.2%

Frequently Asked Questions

The current NAV of LIC MF Small Cap Fund Direct Growth is ₹34.15 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
LIC MF Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
9.23%
9.23%
6 Month Returns
28.16%
28.16%
1 Year Returns
52.63%
52.63%
3 Years Returns
123.46%
30.74%
5 Years Returns
253.22%
28.71%
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.
1.52% as on May 2024
₹237 Cr as on May 2024
Garware Hi-Tech Films Ltd(5.29%), Kirloskar Oil Engines Ltd(4.53%), Kennametal India Ltd(4.08%), Shakti Pumps (India) Ltd(3.36%), Bharat Bijlee Ltd(3.16%) as on May 2024
Industrial(40.56%), Basic Materials(17%), Consumer Cyclical(12.26%) as on May 2024
The alpha ratio for the LIC MF Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Small Cap Fund Direct Growth
6.06
7.04
3.98
As on May 2024
The alpha for LIC MF Small Cap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Small Cap Fund Direct Growth
0.66
0.69
0.78
As on May 2024
The Beta for LIC MF Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small 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 Small Cap Fund Direct Growth
2.58
1.47
0.95
As on May 2024
The sharpe ratio for LIC MF Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small 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 Small Cap Fund Direct Growth
12.99
13.96
21.32
As on May 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 3.09 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.25 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Yogesh Patil is the fund manager of LIC MF Small Cap Fund Direct Growth
The Exit load of LIC MF Small Cap Fund Direct Growth is 1%