LIC MF Value Fund Direct Growth
Equity
Direct
Value
NAV as on 22-10-2024
₹ 26.34
1D
Inception Returns
17.5%
/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 Karan Doshi. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Value Fund Direct Growth has ₹132 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 1.6.
Returns
LIC MF Value Fund Direct Growth has given a CAGR return of 17.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.37%, 16.72% and 21.03% respectively.
Holdings
LIC MF Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Defensive, Consumer Cyclical, Industrial, Tech, Energy, Health, Real Estate, Communication, Utilities. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ITC Ltd, Maruti Suzuki India Ltd, PCBL 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 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 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
▲
▼
25 people have invested ₹ 86.7K 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
13
/13
32% Performance
31% Risk Management
0% Cost
13 out of 13 among value
Beats FD returns for both 3Y & 5Y
Does not beat the benchmark consistently
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category
LIC MF Value Fund Direct Growth Overview
| Expense ratio | 1.6% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹132 Cr |
| Inception Date | 20 August, 2018 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 537.86% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (22-Oct-24)
Fund Distribution
as on (30-Sep-24)
Small cap
47.1%
Large cap
42.9%
Mid cap
5.4%
Sector Allocation
Financial Services
17.4%
Basic Materials
15.2%
Consumer Defensive
11.9%
Consumer Cyclical
11.7%
Industrial
11.3%
Tech
9.4%
Energy
7.3%
Health
6.2%
Real Estate
4.2%
Communication
3.4%
Utilities
2.1%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.12% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund outperformed Nifty 500 by 0.08% in Sep'24
- AUM of the fund stands at 126.9 Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
Tata Power Co Ltd's allocation increased from 1.1% to 2.08%
Tata Technologies Ltd's allocation increased from 0.72% to 1.42%
Arvind Fashions Ltd's allocation increased from 1.4% to 1.95%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 7.69 % to 7.22 %
ITC Ltd's allocation decreased from 4.09 % to 4.05 %
JTL Industries Ltd's allocation decreased from 3.4 % to 3.19 %
Mid Cap allocation has gone down from 7.2% to 5.4%
Large Cap allocation has gone down from 45.6% to 42.9%
Small Cap allocation has gone up from 42.6% to 47.1%
Cash allocation has gone down from 1.6% to 1.2%
Top 3 Sectors in September were Financial Services, Basic Materials & Consumer Defensive
Sep'24
Financial Services
17%
Basic Materials
15%
Consumer Defensive
12%
Aug'24
Financial Services
18%
Basic Materials
15%
Consumer Defensive
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.09% | 0% | |
 Reliance Industries Ltd | 7.22% | 0% | |
 ITC Ltd | 4.05% | 0% | |
 Maruti Suzuki India Ltd | 3.88% | 0% | |
 PCBL Ltd | 3.26% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Garware Hi Tech Films Ltd | 22.5% |
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Karan Doshi
Fund Manager of LIC MF Value Fund Direct Growth, since 31 July 2023
Top funds managed
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹28.62K Cr
as on 30-Sep-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
Over the last 6 months, this fund has experienced a 23.7% growth in AUM moving from 106.92 Cr to 132.22 Cr.
In the last 5 years, Bandhan Sterling Value Fund Direct Plan Growth has given 28.47% return, outperforming this fund by 7.44% per annum.
In the last 1 year, Quant Value Fund Direct Growth has given 61.04% return, outperforming this fund by 19.67%.
In the last 3 years, JM Value Fund (Direct) - Growth has given 26.93% return, outperforming this fund by 10.21% per annum.
Over the last 1 year, this fund has decreased expense ratio by 6.4% moving from 1.71 to 1.60.
LIC MF Value Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.54% since inception which is less than its category average return of 18.82%
Fund Allocations
This fund has an allocation of 98.79% in Equity, 0% in Debt and 1.21% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 5647 Cr
Expense Ratio 1.6%
This fund has an expense ratio of 1.6% which is more than its category average expense ratio of 1.42%
Frequently Asked Questions for LIC MF Value Fund Direct Growth
The current NAV of LIC MF Value Fund Direct Growth is ₹26.34 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
LIC MF Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.8% | -3.8% |
6 Month Returns | 20.39% | 20.39% |
1 Year Returns | 41.37% | 41.37% |
3 Years Returns | 59.03% | 16.72% |
5 Years Returns | 159.72% | 21.03% |
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1.6% as on September 2024
₹132 Cr as on September 2024
HDFC Bank Ltd(8.09%), Reliance Industries Ltd(7.22%), ITC Ltd(4.05%), Maruti Suzuki India Ltd(3.88%), PCBL Ltd(3.26%) as on September 2024
Financial Services(17.21%), Basic Materials(15%), Consumer Defensive(11.73%) as on September 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 | 4.46 | 1.94 | 0.5 |
As on September 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 | 0.98 | 0.96 | 0.97 |
As on September 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 | 2.86 | 1.05 | 0.9 |
As on September 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 | 11.44 | 12.96 | 18.77 |
As on September 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 1.92 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.47 as on September 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%