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Fund Overview

Fund Size

Fund Size

₹16 Cr

Expense Ratio

Expense Ratio

0.99%

ISIN

ISIN

INF397L01AZ5

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

01 Jan 2013

About this fund

LIC MF Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 11 years, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹27.75, Assets Under Management (AUM) of 15.77 Crores, and an expense ratio of 0.99%.
  • LIC MF Equity Savings Fund Direct Growth has given a CAGR return of 8.00% since inception.
  • The fund's asset allocation comprises around 37.85% in equities, 0.22% in debts, and 61.91% in cash & cash equivalents.
  • You can start investing in LIC MF Equity Savings Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+17.11%

+14.27% (Cat Avg.)

3 Years

+9.48%

+9.49% (Cat Avg.)

5 Years

+10.03%

+9.36% (Cat Avg.)

10 Years

+8.33%

+8.20% (Cat Avg.)

Since Inception

+8.00%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity5.97 Cr37.85%
Debt0.03 Cr0.22%
Others9.77 Cr61.93%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset5.44 Cr34.47%
TrepsCash - Repurchase Agreement2.78 Cr17.63%
LIC MF Liquid Dir GrMutual Fund - Open End1.61 Cr10.22%
Future on Tata Steel Ltd.Equity - Future-0.82 Cr5.22%
Tata Steel LtdEquity0.82 Cr5.18%
Future on Tata Consultancy Services LtdEquity - Future-0.8 Cr5.09%
Tata Consultancy Services LtdEquity0.8 Cr5.09%
ICICI Bank LtdEquity0.6 Cr3.83%
Future on Hindustan Unilever LtdEquity - Future-0.54 Cr3.42%
Hindustan Unilever LtdEquity0.54 Cr3.39%
Future on Infosys LtdEquity - Future-0.52 Cr3.27%
Infosys LtdEquity0.51 Cr3.24%
Future on UltraTech Cement LtdEquity - Future-0.5 Cr3.17%
UltraTech Cement LtdEquity0.5 Cr3.16%
HDFC Bank LtdEquity0.43 Cr2.74%
Future on National Aluminium Co LtdEquity - Future-0.42 Cr2.66%
National Aluminium Co LtdEquity0.42 Cr2.64%
ITC LtdEquity0.41 Cr2.59%
Future on Ashok Leyland LtdEquity - Future-0.39 Cr2.46%
Ashok Leyland LtdEquity0.39 Cr2.44%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-0.32 Cr2.01%
Sun Pharmaceuticals Industries LtdEquity0.32 Cr2.00%
Future on Mahindra & Mahindra LtdEquity - Future-0.3 Cr1.93%
Mahindra & Mahindra LtdEquity0.3 Cr1.91%
Future on Axis Bank LtdEquity - Future-0.29 Cr1.86%
Axis Bank LtdEquity0.29 Cr1.85%
State Bank of IndiaEquity0.27 Cr1.74%
Future on Hindalco Industries LtdEquity - Future-0.27 Cr1.73%
Hindalco Industries LtdEquity0.27 Cr1.72%
Future on Kotak Mahindra Bank LtdEquity - Future-0.26 Cr1.66%
Kotak Mahindra Bank LtdEquity0.26 Cr1.65%
Reliance Industries LtdEquity0.25 Cr1.60%
HCL Technologies LtdEquity0.24 Cr1.55%
CreditAccess Grameen Ltd Ordinary SharesEquity0.23 Cr1.45%
Grasim Industries LtdEquity0.22 Cr1.37%
Larsen & Toubro LtdEquity0.21 Cr1.36%
Tata Power Co LtdEquity0.21 Cr1.36%
Indian Railway Catering And Tourism Corp LtdEquity0.2 Cr1.29%
3M India LtdEquity0.19 Cr1.22%
Nippon Life India Asset Management Ltd Ordinary SharesEquity0.19 Cr1.19%
L&T Finance LtdEquity0.17 Cr1.06%
Texmaco Rail & Engineering LtdEquity0.16 Cr1.01%
Varun Beverages LtdEquity0.15 Cr0.92%
CCL Products (India) LtdEquity0.13 Cr0.84%
APL Apollo Tubes LtdEquity0.13 Cr0.82%
Sonata Software LtdEquity0.12 Cr0.78%
DCB Bank LtdEquity0.12 Cr0.76%
Dalmia Bharat LtdEquity0.12 Cr0.75%
Campus Activewear LtdEquity0.11 Cr0.71%
Tech Mahindra LtdEquity0.11 Cr0.70%
Mahindra & Mahindra Financial Services LtdEquity0.1 Cr0.66%
KEI Industries LtdEquity0.1 Cr0.65%
Ramco Cements LtdEquity0.1 Cr0.63%
Zomato LtdEquity0.08 Cr0.53%
Cummins India LtdEquity0.08 Cr0.52%
Mankind Pharma LtdEquity0.07 Cr0.47%
Bharat Dynamics Ltd Ordinary SharesEquity0.07 Cr0.47%
The Federal Bank LtdEquity0.07 Cr0.46%
Artemis Medicare Services Ltd Ordinary SharesEquity0.07 Cr0.45%
Oberoi Realty LtdEquity0.07 Cr0.45%
Oil & Natural Gas Corp LtdEquity0.07 Cr0.42%
Crompton Greaves Consumer Electricals LtdEquity0.06 Cr0.41%
Net Receivables / (Payables)Cash-0.06 Cr0.39%
Bharat Electronics LtdEquity0.04 Cr0.26%
Ntpc LimitedBond - Corporate Bond0.03 Cr0.22%
Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50)Equity0 Cr0.03%

Allocation By Market Cap (Equity)

Large Cap Stocks

53.97%

Mid Cap Stocks

6.95%

Small Cap Stocks

6.10%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services2.74 Cr17.38%
Basic Materials2.57 Cr16.29%
Technology1.79 Cr11.36%
Industrials1.45 Cr9.22%
Consumer Defensive1.22 Cr7.75%
Consumer Cyclical0.56 Cr3.56%
Healthcare0.46 Cr2.92%
Energy0.32 Cr2.02%
Utilities0.21 Cr1.36%
Real Estate0.07 Cr0.45%

Risk & Performance Ratios

Standard Deviation

This fund

5.46%

Cat. avg.

4.70%

Lower the better

Sharpe Ratio

This fund

0.75

Cat. avg.

0.86

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.70

Higher the better

Fund Managers

SB

Sumit Bhatnagar

Since October 2023

PS

Pratik Shroff

Since September 2023

Additional Scheme Detailsas of 30th April 2024

ISININF397L01AZ5Expense Ratio0.99%Exit Load1.00%Fund Size₹16 CrAge01 Jan 2013Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Equity Savings TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity Savings Funds

Fund nameExpense RatioExit LoadFund size
1Y
Kotak Equity Savings Fund Direct Growth

Moderate Risk

0.7%1.0%₹5132.18 Cr20.4%
Kotak Equity Savings Fund Regular Growth

Moderate Risk

1.9%1.0%₹5132.18 Cr19.2%
Edelweiss Equity Savings Fund Regular Growth

Moderate Risk

1.6%0.0%₹389.20 Cr16.2%
Edelweiss Equity Savings Fund Direct Growth

Moderate Risk

0.6%0.0%₹389.20 Cr17.4%
Baroda BNP Paribas Equity Savings Fund Regular Growth

Moderately High risk

2.5%1.0%₹433.01 Cr15.6%
Baroda BNP Paribas Equity Savings Fund Direct Growth

Moderately High risk

1.5%1.0%₹433.01 Cr16.7%
Tata Equity Savings Fund Regular Growth

Moderately High risk

1.1%0.0%₹141.56 Cr15.3%
Bandhan Equity Savings Fund Regular Growth

Moderate Risk

1.4%0.0%₹113.46 Cr10.4%
PGIM India Equity Savings Fund Regular Growth

Low to Moderate Risk

1.3%0.0%₹91.25 Cr8.9%
Sundaram Equity Savings Fund Regular Growth

Moderate Risk

2.2%0.0%₹815.59 Cr19.1%

About the AMC

LIC Mutual Fund

LIC Mutual Fund

Total AUM

₹1,137 Cr

Address

4th Floor, Industrial Assurance Building, Mumbai, 400 020

Other Funds by LIC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
LIC MF Gold ETF FOF Direct Growth

High Risk

0.3%1.0%₹53.51 Cr20.2%
LIC MF Equity Savings Fund Direct Growth

Moderately High risk

1.0%1.0%₹15.77 Cr17.1%
LIC MF Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹80.06 Cr64.4%
LIC MF Focused 30 Equity Direct Growth

Very High Risk

1.6%1.0%₹132.03 Cr23.0%
LIC MF Long Term Value Fund Direct Growth

Very High Risk

1.6%1.0%₹110.03 Cr36.5%
LIC MF Healthcare Fund Direct Growth

Very High Risk

1.2%1.0%₹62.26 Cr51.0%
LIC MF Small Cap Fund Direct Growth

Very High Risk

1.5%1.0%₹223.18 Cr49.7%
LIC MF Midcap Fund Direct Growth

Very High Risk

1.6%1.0%₹260.04 Cr53.3%
LIC MF Dividend Yield Fund Direct Growth

Very High Risk

1.4%1.0%₹153.08 Cr56.5%

Risk Level

Your principal amount will be at Moderately High risk

Moderately High risk
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The NAV of LIC MF Equity Savings Fund Direct Growth, as of 17-May-2024, is ₹27.75.
The fund has generated 17.11% over the last 1 year and 9.48% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 37.85% in equities, 0.22% in bonds, and 61.91% in cash and cash equivalents.
The fund managers responsible for LIC MF Equity Savings Fund Direct Growth are:-
  1. Sumit Bhatnagar
  2. Pratik Shroff