LIC MF Value Fund Direct Growth

LIC MF Value Fund Direct Growth

Equity

Direct

Value

NAV as on 02-12-2024

₹ 27.96

1.2%

1D

Inception Returns

17.8%

/yr

About LIC MF Value Fund Direct Growth

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

Key Parameters

  1. LIC MF Value Fund Direct Growth has ₹138 Cr worth of assets under management (AUM) as on Oct 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 17.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.93%, 19.68% and 21.31% respectively.

Holdings

LIC MF Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Basic Materials, Industrial, Health, Consumer Defensive, Tech, Communication, Energy, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Hi-Tech Pipes Ltd, Himatsingka Seide 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 200.00. LIC MF Value Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
23 people have invested ₹ 67.6K in LIC MF Value Fund Direct Growth in the last three months

INDmoney Rank for LIC MF Value Fund Direct Growth

Powered by IND quant engine
12
/13
30% Performance
31% Risk Management
0% Cost
12 out of 13 among value
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Beats FD returns for both 3Y & 5Y
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Does not beat the benchmark consistently
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Higher probablity of downside risk
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5Y returns in the bottom 25% of the category

LIC MF Value Fund Direct Growth Overview

Expense ratio1.63%
Benchmark
S&P BSE 500 India TR INR
AUM₹138 Cr
Inception Date20 August, 2018
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
537.86%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (02-Dec-24)

Period
LIC MF Value Fund Direct Growth
Nifty 500
value
1M
3.8%
0.1%
0.5%
3M
0.5%
-3.9%
-3.9%
6M
17.8%
8.2%
9.7%
1Y
37.9%
26.1%
32.2%
3Y
19.7%
15.1%
21%
5Y
21.3%
18.4%
22.4%

Fund Distribution

as on (31-Oct-24)

  • Equity 97.8%

  • Debt & Cash 2.2%

Small cap
48.7%

Large cap
36.6%

Mid cap
9.1%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
20.2%
Consumer Cyclical
14.7%
Basic Materials
14.5%
Industrial
12.2%
Health
7.9%
Consumer Defensive
7.8%
Tech
7.5%
Communication
4.8%
Energy
4.4%
Real Estate
4%
Utilities
1.9%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.27%
2.12%
1.89%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -5.27% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 1.24% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 132.2 Cr
₹ 132.2 Cr
₹ 126.9 Cr
  • AUM of the fund stands at 132.2 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 0.79% to 3.87%
ICICI Bank Ltd's allocation increased from 0.79% to 3.87%
State Bank of India's allocation increased from 1.72% to 3.23%
State Bank of India's allocation increased from 1.72% to 3.23%
Allied Blenders and Distillers Ltd's allocation increased from 1.49% to 1.92%
Allied Blenders and Distillers Ltd's allocation increased from 1.49% to 1.92%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8.09 % to 7.76 %
HDFC Bank Ltd's allocation decreased from 8.09 % to 7.76 %
Reliance Industries Ltd's allocation decreased from 7.22 % to 4.35 %
Reliance Industries Ltd's allocation decreased from 7.22 % to 4.35 %
Maruti Suzuki India Ltd's allocation decreased from 3.88 % to 2.74 %
Maruti Suzuki India Ltd's allocation decreased from 3.88 % to 2.74 %
Small Cap allocation has gone up from 47.1% to 48.7%
Small Cap allocation has gone up from 47.1% to 48.7%
Mid Cap allocation has gone up from 5.4% to 9.1%
Mid Cap allocation has gone up from 5.4% to 9.1%
Large Cap allocation has gone down from 42.9% to 36.6%
Large Cap allocation has gone down from 42.9% to 36.6%
Cash allocation has gone up from 1.2% to 2.2%
Cash allocation has gone up from 1.2% to 2.2%

Top 3 Sectors in October were Financial Services, Basic Materials & Consumer Defensive

Oct'24
Financial Services
20%
Consumer Cyclical
15%
Basic Materials
14%
Sep'24
Financial Services
17%
Basic Materials
15%
Consumer Defensive
12%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
58
53
53
Top 5 Company Concentration
22.5%
26.5%
26.9%
Company having highest exposure
HDFC Bank Ltd (7.8%)
HDFC Bank Ltd (8.1%)
HDFC Bank Ltd (8%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
69.5%
67.4%
68.4%
Sector having highest exposure
Financial Services (20.2%)
Financial Services (17.4%)
Financial Services (18.2%)
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Nikhil Rungta
Nikhil Rungta
Fund Manager of LIC MF Value Fund Direct Growth, since 1 July 2024
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹27.84K Cr
as on 31-Oct-2024
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com

Mutual Fund Insights

Insights icon
In the last 5 years, Bandhan Sterling Value Fund Direct Plan Growth has given 26.91% return, outperforming this fund by 5.59% per annum.
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In the last 3 years, Quant Value Fund Direct Growth has given 28.79% return, outperforming this fund by 9.11% per annum.
Insights icon
In the last 1 year, Quant Value Fund Direct Growth has given 43.28% return, outperforming this fund by 5.35%.
Insights icon
Over the last 1 month, this fund has increased expense ratio by 1.9% moving from 1.60 to 1.63.
Insights icon
Over the last 6 months, this fund has experienced a 25.5% growth in AUM moving from 110.03 Cr to 138.11 Cr.

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 17.77% since inception which is less than its category average return of 17.82%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.83% in Equity, 0% in Debt and 2.17% in Cash related instruments
AUM size ₹138 Cr

AUM size ₹138 Cr

This fund has AUM of ₹138 Cr which is less than its category average of ₹ 5390 Cr
Expense Ratio 1.63%

Expense Ratio 1.63%

This fund has an expense ratio of 1.63% which is more than its category average expense ratio of 1.44%

Frequently Asked Questions for LIC MF Value Fund Direct Growth

The current NAV of LIC MF Value Fund Direct Growth is ₹27.96 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
LIC MF Value Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.85%
3.85%
6 Month Returns
17.75%
17.75%
1 Year Returns
37.93%
37.93%
3 Years Returns
71.42%
19.68%
5 Years Returns
162.77%
21.31%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
1.63% as on November 2024
₹138 Cr as on November 2024
HDFC Bank Ltd(7.76%), Reliance Industries Ltd(4.35%), ICICI Bank Ltd(3.87%), Hi-Tech Pipes Ltd(3.26%), Himatsingka Seide Ltd(3.24%) as on November 2024
Financial Services(19.78%), Consumer Cyclical(14.39%), Basic Materials(14.14%) as on November 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
9.12
3.37
1.73
As on November 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
0.91
0.93
0.97
As on November 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
2.1
1.01
0.83
As on November 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
12.29
13.14
19.04
As on November 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 1.81 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.85 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Nikhil Rungta is the fund manager of LIC MF Value Fund Direct Growth
The Exit load of LIC MF Value Fund Direct Growth is 1%