LIC MF Large & Mid Cap Fund Direct Growth
EquityLarge & Mid- CapVery High Risk
Direct
NAV (06-Sep-24)
₹45.35-1.22%1D
Returns (Since Inception)
17.19%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹3,221 Cr
Expense Ratio
0.60%
ISIN
INF767K01NE9
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
25 Feb 2015
About this fund
LIC MF Large & Mid Cap Fund Direct Growth is a Large & Mid- Cap mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 9 years, 6 months and 14 days, having been launched on 25-Feb-15.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹45.35, Assets Under Management (AUM) of 3220.66 Crores, and an expense ratio of 0.6%.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹45.35, Assets Under Management (AUM) of 3220.66 Crores, and an expense ratio of 0.6%.
- LIC MF Large & Mid Cap Fund Direct Growth has given a CAGR return of 17.19% since inception.
- The fund's asset allocation comprises around 97.29% in equities, 0.00% in debts, and 2.71% in cash & cash equivalents.
- You can start investing in LIC MF Large & Mid Cap 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
+47.61%
+41.45% (Cat Avg.)
3 Years
+20.58%
+20.34% (Cat Avg.)
5 Years
+24.33%
+24.35% (Cat Avg.)
Since Inception
+17.19%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹3,133.31 Cr | 97.29% |
| Others | ₹87.35 Cr | 2.71% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹139.24 Cr | 4.40% |
| HDFC Bank Ltd | Equity | ₹136.55 Cr | 4.32% |
| REC Ltd | Equity | ₹96.69 Cr | 3.06% |
| Shakti Pumps (India) Ltd | Equity | ₹95.79 Cr | 3.03% |
| Trent Ltd | Equity | ₹94.65 Cr | 2.99% |
| Treps | Cash - Repurchase Agreement | ₹89.11 Cr | 2.82% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹69.32 Cr | 2.19% |
| Bharat Bijlee Ltd | Equity | ₹66.5 Cr | 2.10% |
| Tata Consultancy Services Ltd | Equity | ₹64.88 Cr | 2.05% |
| Reliance Industries Ltd | Equity | ₹64.83 Cr | 2.05% |
| Power Finance Corp Ltd | Equity | ₹62.4 Cr | 1.97% |
| Shriram Finance Ltd | Equity | ₹60.85 Cr | 1.93% |
| Kotak Mahindra Bank Ltd | Equity | ₹58.92 Cr | 1.86% |
| Honeywell Automation India Ltd | Equity | ₹57.84 Cr | 1.83% |
| Bharat Electronics Ltd | Equity | ₹56.93 Cr | 1.80% |
| Bharat Forge Ltd | Equity | ₹56.76 Cr | 1.80% |
| Coromandel International Ltd | Equity | ₹54.83 Cr | 1.73% |
| Infosys Ltd | Equity | ₹54.41 Cr | 1.72% |
| Garware Hi-Tech Films Ltd | Equity | ₹50.24 Cr | 1.59% |
| Cummins India Ltd | Equity | ₹49.97 Cr | 1.58% |
| Indian Hotels Co Ltd | Equity | ₹47.75 Cr | 1.51% |
| Abbott India Ltd | Equity | ₹46.38 Cr | 1.47% |
| State Bank of India | Equity | ₹45.43 Cr | 1.44% |
| Schaeffler India Ltd | Equity | ₹44.58 Cr | 1.41% |
| Bharti Hexacom Ltd | Equity | ₹43.98 Cr | 1.39% |
| Hero MotoCorp Ltd | Equity | ₹43.88 Cr | 1.39% |
| Texmaco Rail & Engineering Ltd | Equity | ₹43.3 Cr | 1.37% |
| Grasim Industries Ltd | Equity | ₹42.24 Cr | 1.34% |
| Motherson Sumi Wiring India Ltd | Equity | ₹41.7 Cr | 1.32% |
| Voltas Ltd | Equity | ₹39.84 Cr | 1.26% |
| Max Financial Services Ltd | Equity | ₹39.83 Cr | 1.26% |
| 3M India Ltd | Equity | ₹39.47 Cr | 1.25% |
| Kennametal India Ltd | Equity | ₹37.9 Cr | 1.20% |
| LTIMindtree Ltd | Equity | ₹36.39 Cr | 1.15% |
| Syngene International Ltd | Equity | ₹36.26 Cr | 1.15% |
| Deepak Nitrite Ltd | Equity | ₹35.97 Cr | 1.14% |
| Alkem Laboratories Ltd | Equity | ₹35.46 Cr | 1.12% |
| APL Apollo Tubes Ltd | Equity | ₹35.15 Cr | 1.11% |
| TD Power Systems Ltd | Equity | ₹35.11 Cr | 1.11% |
| Maruti Suzuki India Ltd | Equity | ₹35.06 Cr | 1.11% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹34.29 Cr | 1.08% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹33.79 Cr | 1.07% |
| Titan Co Ltd | Equity | ₹33.4 Cr | 1.06% |
| ITC Ltd | Equity | ₹33.33 Cr | 1.05% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹33.27 Cr | 1.05% |
| Schneider Electric Infrastructure Ltd | Equity | ₹32.87 Cr | 1.04% |
| Hindustan Unilever Ltd | Equity | ₹32.49 Cr | 1.03% |
| Axis Bank Ltd | Equity | ₹31.15 Cr | 0.99% |
| Varun Beverages Ltd | Equity | ₹30.42 Cr | 0.96% |
| Transport Corp of India Ltd | Equity | ₹30.07 Cr | 0.95% |
| Navin Fluorine International Ltd | Equity | ₹29.98 Cr | 0.95% |
| Bank of India | Equity | ₹29.12 Cr | 0.92% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹28.78 Cr | 0.91% |
| Jubilant Foodworks Ltd | Equity | ₹27.86 Cr | 0.88% |
| Prestige Estates Projects Ltd | Equity | ₹27.36 Cr | 0.87% |
| Page Industries Ltd | Equity | ₹26.52 Cr | 0.84% |
| Arvind Fashions Ltd | Equity | ₹25.73 Cr | 0.81% |
| Indraprastha Gas Ltd | Equity | ₹25.37 Cr | 0.80% |
| JSW Infrastructure Ltd | Equity | ₹25.23 Cr | 0.80% |
| UNO Minda Ltd | Equity | ₹24.33 Cr | 0.77% |
| E I D Parry India Ltd | Equity | ₹23.85 Cr | 0.75% |
| Tata Consumer Products Ltd | Equity | ₹23.52 Cr | 0.74% |
| Samvardhana Motherson International Ltd | Equity | ₹20.65 Cr | 0.65% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹20.59 Cr | 0.65% |
| KEI Industries Ltd | Equity | ₹20.5 Cr | 0.65% |
| Global Health Ltd | Equity | ₹20.12 Cr | 0.64% |
| DEE Development Engineers Ltd | Equity | ₹19.82 Cr | 0.63% |
| JNK India Ltd | Equity | ₹19.36 Cr | 0.61% |
| The Federal Bank Ltd | Equity | ₹16.55 Cr | 0.52% |
| BSE Ltd | Equity | ₹16.18 Cr | 0.51% |
| ISGEC Heavy Engineering Ltd | Equity | ₹15.04 Cr | 0.48% |
| InterGlobe Aviation Ltd | Equity | ₹14.47 Cr | 0.46% |
| Gujarat State Petronet Ltd | Equity | ₹14.35 Cr | 0.45% |
| SRF Ltd | Equity | ₹14.16 Cr | 0.45% |
| DCB Bank Ltd | Equity | ₹8.25 Cr | 0.26% |
| Divgi TorqTransfer Systems Ltd | Equity | ₹7.64 Cr | 0.24% |
| NLC India Ltd | Equity | ₹7.42 Cr | 0.23% |
| Net Receivables / (Payables) | Cash | ₹-3.37 Cr | 0.11% |
| Tata Consumer Prod | Equity | ₹0.28 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
39.94%
Mid Cap Stocks
35.93%
Small Cap Stocks
18.78%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹824.82 Cr | 26.09% |
| Industrials | ₹733.81 Cr | 23.21% |
| Consumer Cyclical | ₹633.1 Cr | 20.03% |
| Basic Materials | ₹286.43 Cr | 9.06% |
| Technology | ₹155.68 Cr | 4.92% |
| Healthcare | ₹138.22 Cr | 4.37% |
| Consumer Defensive | ₹119.76 Cr | 3.79% |
| Energy | ₹64.83 Cr | 2.05% |
| Utilities | ₹47.14 Cr | 1.49% |
| Communication Services | ₹43.98 Cr | 1.39% |
| Real Estate | ₹27.36 Cr | 0.87% |
Risk & Performance Ratios
Standard Deviation
This fund
13.17%
Cat. avg.
13.26%
Lower the better
Sharpe Ratio
This fund
1.13
Cat. avg.
1.11
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.16
Higher the better
Fund Managers
YP
Yogesh Patil
Since September 2020
DM
Dikshit Mittal
Since June 2023
Additional Scheme Detailsas of 31st July 2024
ISIN | INF767K01NE9 | Expense Ratio | 0.60% | Exit Load | 1.00% | Fund Size | ₹3,221 Cr | Age | 25 Feb 2015 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty LargeMidcap 250 TR INR |
Investment 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Large & Mid- Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹849.33 Cr | 33.5% |
| Union Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹849.33 Cr | 31.7% |
| HSBC Large & Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹2768.75 Cr | 43.8% |
| HSBC Large & Mid Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹2768.75 Cr | 45.3% |
| Baroda BNP Paribas Large & Mid Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1374.82 Cr | 44.8% |
| Baroda BNP Paribas Large & Mid Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1374.82 Cr | 46.6% |
| Tata Large & Mid Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹8318.31 Cr | 31.7% |
| Navi Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹324.59 Cr | 25.7% |
| Navi Large & Midcap Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹324.59 Cr | 28.1% |
| UTI Core Equity Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3748.61 Cr | 47.8% |
About the AMC
Total AUM
₹30,456 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of LIC MF Large & Mid Cap Fund Direct Growth?
The NAV of LIC MF Large & Mid Cap Fund Direct Growth, as of 06-Sep-2024, is ₹45.35.
What are the returns of LIC MF Large & Mid Cap Fund Direct Growth?
The fund has generated 47.61% over the last 1 year and 20.58% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of LIC MF Large & Mid Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 97.29% in equities, 0.00% in bonds, and 2.71% in cash and cash equivalents.
Who manages the LIC MF Large & Mid Cap Fund Direct Growth?
The fund managers responsible for LIC MF Large & Mid Cap Fund Direct Growth are:-
- Yogesh Patil
- Dikshit Mittal
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.