LIC MF Value Fund Direct Growth

Equity
Direct
Value
LIC MF Value Fund Direct Growth

About the Fund

LIC MF Value Fund Direct Growth is an equity fund. This fund was started on 20 August, 2018. The fund is managed by Karan Doshi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Value Fund Direct Growth has ₹119 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.6.

Returns

LIC MF Value Fund Direct Growth has given a CAGR return of 17.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.95%, 20.34% and 20.90% respectively.

Holdings

LIC MF Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Basic Materials, Consumer Defensive, Industrial, Tech, Energy, Health, Real Estate, Communication. Its top holdings are Reliance Industries Ltd, HDFC Bank Ltd, State Bank of India, Kotak Mahindra Bank Ltd, ICICI Bank Ltd

Taxation

As it is a value 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 Value Fund Direct Growth

The Investment Objective of the Scheme is to generate long-term capital appreciation along with regular income by investing predominantly in equity and equity related instruments by following value investing strategy. However, there can be no assurance that the investment objective of 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 Value Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
28 people have invested ₹ 1.5L in LIC MF Value Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
10
/11
28% Performance
34% Risk Management
0% Cost
10 out of 11 among value
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Beats FD returns for both 3Y & 5Y
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5Y returns in the bottom 25% of the category
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3Y returns in the bottom 25% of the category
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Smaller AUM within category

Fund Overview

Expense ratio1.6%
Benchmark
S&P BSE 500 India TR INR
AUM₹119 Cr
Inception Date20 August, 2018
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
537.86%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 98.6%

  • Debt & Cash 1.5%

Large cap
50.7%
Small cap
36.3%
Mid cap
11.6%
Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
28.4%
Consumer Cyclical
14.5%
Basic Materials
11.9%
Consumer Defensive
9.1%
Industrial
9%
Tech
7.9%
Energy
5.9%
Health
5.4%
Real Estate
4.3%
Communication
3.7%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
Reliance Industries Ltd
Reliance Industries Ltd
5.82%
0%
HDFC Bank Ltd
HDFC Bank Ltd
5.21%
0%
State Bank of India
State Bank of India
4.94%
0%
Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd
3.24%
0%
ICICI Bank Ltd
ICICI Bank Ltd
3.11%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
LIC MF Value Fund Direct Growth
LIC MF Value Fund Direct Growth
42%
20.3%
20.9%
17.8%
JM Value Fund (Direct) - Growth
JM Value Fund (Direct) - Growth
65.1%
32.3%
29.9%
19.9%
HSBC Value Fund Direct Plan Growth Option
HSBC Value Fund Direct Plan Growth Option
56.1%
28.2%
27%
21.8%
UTI Value fund Fund-Direct Growth Option
UTI Value fund Fund-Direct Growth Option
45%
21.2%
23.7%
15.9%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Persistent Systems Ltd
Persistent Systems Ltd
21.2%
Garware Hi Tech Films Ltd
Garware Hi Tech Films Ltd
9.1%
Samvardhana Motherson International Ltd
2.4%

Karan Doshi
Karan Doshi
Fund Manager of LIC MF Value Fund Direct Growth, since 31 July 2023
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
LIC MF ELSS Tax Saver -Direct Plan Growth Option
19.44%
19.51%
LIC MF Aggressive Hybrid Fund Direct Plan Growth Option
14.3%
16.44%
LIC MF Midcap Fund Direct Growth
22.38%
24.91%

Mutual Fund Insights

Insights icon
In the last 5 years, JM Value Fund (Direct) - Growth has given 29.75% return, outperforming this fund by 8.84% per annum.
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Over the last 6 months, this fund has decreased expense ratio by 6.4% moving from 1.71 to 1.60.
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Over the last 6 months, this fund has experienced a 16.0% growth in AUM moving from 102.72 Cr to 119.11 Cr.
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In the last 1 year, Quant Value Fund Direct Growth has given 75.12% return, outperforming this fund by 33.17%.
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In the last 3 years, JM Value Fund (Direct) - Growth has given 32.06% return, outperforming this fund by 11.72% per annum.

LIC MF Value 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 17.8% since inception which is less than its category average return of 19.84%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.55% in Equity, 0% in Debt and 1.45% in Cash related instruments
AUM size ₹119 Cr

AUM size ₹119 Cr

This fund has AUM of ₹119 Cr which is less than its category average of ₹ 5241 Cr
Expense Ratio 1.6%

Expense Ratio 1.6%

This fund has an expense ratio of 1.6% which is more than its category average expense ratio of 1.45%

Frequently Asked Questions

The current NAV of LIC MF Value Fund Direct Growth is ₹26.43 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
LIC MF Value Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.37%
3.37%
6 Month Returns
21.27%
21.27%
1 Year Returns
41.95%
41.95%
3 Years Returns
74.28%
20.34%
5 Years Returns
158.34%
20.9%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.6% as on June 2024
₹119 Cr as on June 2024
Reliance Industries Ltd(5.82%), HDFC Bank Ltd(5.21%), State Bank of India(4.94%), Kotak Mahindra Bank Ltd(3.24%), ICICI Bank Ltd(3.11%) as on June 2024
Financial Services(28.03%), Consumer Cyclical(14.31%), Basic Materials(11.69%) as on June 2024
The alpha ratio for the LIC MF Value Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Value Fund Direct Growth
4.52
1.05
-0.03
As on June 2024
The alpha for LIC MF Value Fund Direct Growth is calculated against S&P BSE 500 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 Value Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Value Fund Direct Growth
0.92
0.92
0.97
As on June 2024
The Beta for LIC MF Value Fund Direct Growth is calculated with S&P BSE 500 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 Value 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 Value Fund Direct Growth
2.63
1.07
0.76
As on June 2024
The sharpe ratio for LIC MF Value Fund Direct Growth is calculated with S&P BSE 500 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 Value 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 Value Fund Direct Growth
11.07
12.81
19
As on June 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 1.95 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.02 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Karan Doshi is the fund manager of LIC MF Value Fund Direct Growth
The Exit load of LIC MF Value Fund Direct Growth is 1%