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Fund Overview

Fund Size

Fund Size

₹260 Cr

Expense Ratio

Expense Ratio

1.57%

ISIN

ISIN

INF397L01JK8

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

25 Jan 2017

About this fund

LIC MF Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 7 years, 4 months and 2 days, having been launched on 25-Jan-17.
As of 24-May-24, it has a Net Asset Value (NAV) of ₹29.56, Assets Under Management (AUM) of 260.04 Crores, and an expense ratio of 1.57%.
  • LIC MF Midcap Fund Direct Growth has given a CAGR return of 15.94% since inception.
  • The fund's asset allocation comprises around 98.55% in equities, 0.00% in debts, and 1.45% in cash & cash equivalents.
  • You can start investing in LIC MF Midcap 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

+56.96%

+54.32% (Cat Avg.)

3 Years

+22.72%

+24.96% (Cat Avg.)

5 Years

+21.79%

+23.83% (Cat Avg.)

Since Inception

+15.94%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity256.26 Cr98.55%
Others3.78 Cr1.45%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Trent LtdEquity10.26 Cr3.95%
UNO Minda LtdEquity8.89 Cr3.42%
Shakti Pumps (India) LtdEquity8.2 Cr3.15%
ICICI Bank LtdEquity7.69 Cr2.96%
The Federal Bank LtdEquity7.05 Cr2.71%
Bharat Electronics LtdEquity7.01 Cr2.69%
Power Finance Corp LtdEquity6.61 Cr2.54%
Alkem Laboratories LtdEquity6.27 Cr2.41%
Torrent Power LtdEquity6.11 Cr2.35%
Coforge LtdEquity5.83 Cr2.24%
Indian Hotels Co LtdEquity5.55 Cr2.13%
Zomato LtdEquity5.37 Cr2.06%
Supreme Industries LtdEquity5.36 Cr2.06%
Voltas LtdEquity5.33 Cr2.05%
Schaeffler India LtdEquity5.32 Cr2.05%
State Bank of IndiaEquity5.27 Cr2.03%
K.P.R. Mill LtdEquity5.26 Cr2.02%
APL Apollo Tubes LtdEquity5.05 Cr1.94%
Crompton Greaves Consumer Electricals LtdEquity5 Cr1.92%
Info Edge (India) LtdEquity4.98 Cr1.91%
Container Corporation of India LtdEquity4.9 Cr1.89%
PI Industries LtdEquity4.89 Cr1.88%
CreditAccess Grameen Ltd Ordinary SharesEquity4.84 Cr1.86%
Indian Railway Catering And Tourism Corp LtdEquity4.79 Cr1.84%
TVS Motor Co LtdEquity4.76 Cr1.83%
Astral LtdEquity4.69 Cr1.80%
Bharat Forge LtdEquity4.58 Cr1.76%
TrepsCash - Repurchase Agreement4.51 Cr1.73%
Endurance Technologies LtdEquity4.33 Cr1.67%
Balkrishna Industries LtdEquity4.28 Cr1.65%
Cholamandalam Investment and Finance Co LtdEquity3.88 Cr1.49%
Tata Elxsi LtdEquity3.79 Cr1.46%
Hero MotoCorp LtdEquity3.72 Cr1.43%
3M India LtdEquity3.71 Cr1.43%
Swan Energy LtdEquity3.7 Cr1.42%
REC LtdEquity3.66 Cr1.41%
Ramco Cements LtdEquity3.62 Cr1.39%
PCBL LtdEquity3.6 Cr1.38%
Oberoi Realty LtdEquity3.54 Cr1.36%
Bank of IndiaEquity3.42 Cr1.31%
Escorts Kubota LtdEquity3.4 Cr1.31%
Sumitomo Chemical India Ltd Ordinary SharesEquity3.39 Cr1.30%
Coromandel International LtdEquity3.34 Cr1.28%
Honeywell Automation India LtdEquity3.33 Cr1.28%
Nippon Life India Asset Management Ltd Ordinary SharesEquity3.3 Cr1.27%
Piramal Enterprises LtdEquity3.21 Cr1.23%
Metro Brands LtdEquity3.2 Cr1.23%
Jubilant Foodworks LtdEquity3.2 Cr1.23%
ZF Commercial Vehicle Control Systems India LtdEquity2.99 Cr1.15%
Dalmia Bharat LtdEquity2.88 Cr1.11%
Deepak Nitrite LtdEquity2.73 Cr1.05%
ACC LtdEquity2.62 Cr1.01%
Affle India LtdEquity2.55 Cr0.98%
Muthoot Finance LtdEquity2.55 Cr0.98%
KEI Industries LtdEquity2.37 Cr0.91%
Sai Silks (Kalamandir) LtdEquity2.15 Cr0.83%
PSP Projects LtdEquity2.02 Cr0.77%
Glenmark Pharmaceuticals LtdEquity1.94 Cr0.75%
Net Receivables / (Payables)Cash-0.73 Cr0.28%

Allocation By Market Cap (Equity)

Large Cap Stocks

22.17%

Mid Cap Stocks

63.05%

Small Cap Stocks

13.33%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical82.57 Cr31.75%
Industrials55.09 Cr21.19%
Financial Services51.49 Cr19.80%
Basic Materials32.1 Cr12.34%
Technology9.62 Cr3.70%
Healthcare8.21 Cr3.16%
Communication Services7.53 Cr2.90%
Utilities6.11 Cr2.35%
Real Estate3.54 Cr1.36%

Risk & Performance Ratios

Standard Deviation

This fund

14.93%

Cat. avg.

14.21%

Lower the better

Sharpe Ratio

This fund

1.05

Cat. avg.

1.30

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.63

Higher the better

Fund Managers

Karan Doshi

Karan Doshi

Since July 2023

DM

Dikshit Mittal

Since July 2023

Additional Scheme Detailsas of 30th April 2024

ISININF397L01JK8Expense Ratio1.57%Exit Load1.00%Fund Size₹260 CrAge25 Jan 2017Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Midcap 150 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 Mid-Cap Funds

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Midcap Fund Regular Growth

Very High Risk

2.1%1.0%₹1181.31 Cr51.8%
Bandhan Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹1181.31 Cr54.3%
Motilal Oswal Midcap Fund Regular Growth

Very High Risk

1.7%1.0%₹9819.09 Cr57.1%
HDFC NIFTY Midcap 150 ETF

Very High Risk

0.2%-₹15.15 Cr-
Mirae Asset Midcap Fund Regular Growth

Very High Risk

1.7%1.0%₹15139.44 Cr51.6%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹15139.44 Cr53.3%
Axis Midcap Fund Regular Growth

Very High Risk

1.6%1.0%₹26636.78 Cr45.3%
Mahindra Manulife Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2433.01 Cr68.7%
Mahindra Manulife Mid Cap Fund Regular Growth

Very High Risk

1.9%1.0%₹2433.01 Cr66.2%
Tata Mid Cap Growth Fund Regular Growth

Very High Risk

1.9%1.0%₹3637.33 Cr58.2%

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 Cr18.3%
LIC MF Equity Savings Fund Direct Growth

Moderately High risk

1.0%1.0%₹15.77 Cr17.2%
LIC MF Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹80.06 Cr68.5%
LIC MF Focused 30 Equity Direct Growth

Very High Risk

1.6%1.0%₹132.03 Cr25.1%
LIC MF Long Term Value Fund Direct Growth

Very High Risk

1.6%1.0%₹110.03 Cr38.5%
LIC MF Healthcare Fund Direct Growth

Very High Risk

1.2%1.0%₹62.26 Cr48.9%
LIC MF Small Cap Fund Direct Growth

Very High Risk

1.5%1.0%₹223.18 Cr49.8%
LIC MF Midcap Fund Direct Growth

Very High Risk

1.6%1.0%₹260.04 Cr57.0%
LIC MF Dividend Yield Fund Direct Growth

Very High Risk

1.4%1.0%₹153.08 Cr59.9%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of LIC MF Midcap Fund Direct Growth, as of 24-May-2024, is ₹29.56.
The fund has generated 56.96% over the last 1 year and 22.72% 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 98.55% in equities, 0.00% in bonds, and 1.45% in cash and cash equivalents.
The fund managers responsible for LIC MF Midcap Fund Direct Growth are:-
  1. Karan Doshi
  2. Dikshit Mittal