Dezerv

Fund Overview

Fund Size

Fund Size

₹546 Cr

Expense Ratio

Expense Ratio

0.16%

ISIN

ISIN

INF767K01RN1

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

19 Feb 2024

About this fund

This fund has been in existence for 3 months and 24 days, having been launched on 19-Feb-24.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹53.62, Assets Under Management (AUM) of 545.52 Crores, and an expense ratio of 0.16%.
  • LIC MF Nifty Midcap 100 ETF has given a CAGR return of 8.83% since inception.
  • The fund's asset allocation comprises around 99.95% in equities, 0.00% in debts, and 0.05% in cash & cash equivalents.

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.

Since Inception

+8.83%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity545.22 Cr99.95%
Others0.29 Cr0.05%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Max Healthcare Institute Ltd Ordinary SharesEquity13.28 Cr2.40%
Suzlon Energy LtdEquity12.16 Cr2.19%
Indian Hotels Co LtdEquity11.61 Cr2.09%
Cummins India LtdEquity11.56 Cr2.09%
CG Power & Industrial Solutions LtdEquity9.88 Cr1.78%
Yes Bank LtdEquity9.67 Cr1.74%
Bharat Forge LtdEquity9.51 Cr1.72%
HDFC Asset Management Co LtdEquity9.38 Cr1.69%
PB Fintech LtdEquity9.37 Cr1.69%
Bharat Heavy Electricals LtdEquity9.26 Cr1.67%
Lupin LtdEquity9.17 Cr1.65%
Tube Investments of India Ltd Ordinary SharesEquity9.15 Cr1.65%
Macrotech Developers LtdEquity8.89 Cr1.60%
BSE LtdEquity8.8 Cr1.59%
The Federal Bank LtdEquity8.72 Cr1.57%
AU Small Finance Bank LtdEquity8.67 Cr1.56%
Dixon Technologies (India) LtdEquity8.53 Cr1.54%
Persistent Systems LtdEquity8.44 Cr1.52%
Hindustan Petroleum Corp LtdEquity8.23 Cr1.48%
Supreme Industries LtdEquity8.19 Cr1.48%
Aurobindo Pharma LtdEquity8.03 Cr1.45%
NHPC LtdEquity8 Cr1.44%
Ashok Leyland LtdEquity7.75 Cr1.40%
Godrej Properties LtdEquity7.63 Cr1.38%
Polycab India LtdEquity7.55 Cr1.36%
Voltas LtdEquity7.48 Cr1.35%
Union Bank of IndiaEquity7.32 Cr1.32%
IDFC First Bank LtdEquity7.3 Cr1.32%
Coforge LtdEquity7.21 Cr1.30%
NMDC LtdEquity7.17 Cr1.29%
Container Corporation of India LtdEquity7.08 Cr1.28%
PI Industries LtdEquity6.82 Cr1.23%
APL Apollo Tubes LtdEquity6.37 Cr1.15%
Sona BLW Precision Forgings LtdEquity6.35 Cr1.15%
JSW Energy LtdEquity6.34 Cr1.14%
Astral LtdEquity6.25 Cr1.13%
MRF LtdEquity6.15 Cr1.11%
UPL LtdEquity6.09 Cr1.10%
Torrent Power LtdEquity6.01 Cr1.08%
Fortis Healthcare LtdEquity5.92 Cr1.07%
Alkem Laboratories LtdEquity5.84 Cr1.05%
Balkrishna Industries LtdEquity5.76 Cr1.04%
Tata Elxsi LtdEquity5.74 Cr1.04%
KPIT Technologies LtdEquity5.66 Cr1.02%
Steel Authority Of India LtdEquity5.48 Cr0.99%
Oil India LtdEquity5.46 Cr0.99%
Max Financial Services LtdEquity5.42 Cr0.98%
Prestige Estates Projects LtdEquity5.39 Cr0.97%
FSN E-Commerce Ventures LtdEquity5.37 Cr0.97%
Indus Towers Ltd Ordinary SharesEquity5.37 Cr0.97%
Petronet LNG LtdEquity5.34 Cr0.96%
Page Industries LtdEquity5.29 Cr0.95%
Rail Vikas Nigam LtdEquity5.15 Cr0.93%
Oberoi Realty LtdEquity5.04 Cr0.91%
GMR Airports Infrastructure LtdEquity5.02 Cr0.91%
Tata Communications LtdEquity4.98 Cr0.90%
Indian BankEquity4.81 Cr0.87%
Mphasis LtdEquity4.58 Cr0.83%
LIC Housing Finance LtdEquity4.56 Cr0.82%
Jubilant Foodworks LtdEquity4.46 Cr0.81%
Oracle Financial Services Software LtdEquity4.23 Cr0.76%
ACC LtdEquity4.12 Cr0.74%
Laurus Labs LtdEquity3.99 Cr0.72%
Tata Chemicals LtdEquity3.84 Cr0.69%
Mahindra & Mahindra Financial Services LtdEquity3.81 Cr0.69%
Aditya Birla Capital LtdEquity3.78 Cr0.68%
Bank of IndiaEquity3.78 Cr0.68%
Bandhan Bank LtdEquity3.73 Cr0.67%
Ipca Laboratories LtdEquity3.73 Cr0.67%
Indraprastha Gas LtdEquity3.71 Cr0.67%
Mankind Pharma LtdEquity3.67 Cr0.66%
Apollo Tyres LtdEquity3.64 Cr0.66%
Delhivery LtdEquity3.64 Cr0.66%
Deepak Nitrite LtdEquity3.6 Cr0.65%
Bharat Dynamics Ltd Ordinary SharesEquity3.42 Cr0.62%
Dalmia Bharat LtdEquity3.38 Cr0.61%
Biocon LtdEquity3.32 Cr0.60%
Zee Entertainment Enterprises LtdEquity3.3 Cr0.59%
Patanjali Foods LtdEquity3.25 Cr0.59%
Poonawalla Fincorp LtdEquity3.21 Cr0.58%
Escorts Kubota LtdEquity3.06 Cr0.55%
L&T Finance LtdEquity3.03 Cr0.55%
Gland Pharma LtdEquity3.02 Cr0.54%
L&T Technology Services LtdEquity2.99 Cr0.54%
Syngene International LtdEquity2.94 Cr0.53%
Vodafone Idea LtdEquity2.83 Cr0.51%
One97 Communications LtdEquity2.52 Cr0.45%
SJVN LtdEquity2.4 Cr0.43%
Dr. Lal PathLabs LtdEquity2.37 Cr0.43%
Mazagon Dock Shipbuilders LtdEquity2.33 Cr0.42%
Piramal Enterprises LtdEquity2.28 Cr0.41%
Gujarat Gas LtdEquity2.27 Cr0.41%
Aditya Birla Fashion and Retail LtdEquity2.24 Cr0.40%
Kalyan Jewellers India LtdEquity2.12 Cr0.38%
JSW Infrastructure LtdEquity1.73 Cr0.31%
Bank of MaharashtraEquity1.67 Cr0.30%
Tata Technologies LtdEquity1.61 Cr0.29%
Sun TV Network LtdEquity1.3 Cr0.23%
IDBI Bank LtdEquity1.1 Cr0.20%
The Fertilizers & Chemicals Travancore LtdEquity1.06 Cr0.19%
TrepsCash - Repurchase Agreement0.22 Cr0.04%
Net Receivables / (Payables)Cash0.08 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

5.15%

Mid Cap Stocks

91.04%

Small Cap Stocks

3.76%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials120.64 Cr21.76%
Financial Services110.42 Cr19.92%
Healthcare65.26 Cr11.77%
Consumer Cyclical62.51 Cr11.28%
Technology51.5 Cr9.29%
Basic Materials47.92 Cr8.65%
Utilities28.74 Cr5.18%
Real Estate26.95 Cr4.86%
Energy19.03 Cr3.43%
Communication Services17.78 Cr3.21%
Consumer Defensive3.25 Cr0.59%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

14.02%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

1.23

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.45

Higher the better

Fund Managers

SB

Sumit Bhatnagar

Since February 2024

Additional Scheme Detailsas of 31st May 2024

ISININF767K01RN1Expense Ratio0.16%Exit Load-Fund Size₹546 CrAge19 Feb 2024Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Midcap 100 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.

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Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of LIC MF Nifty Midcap 100 ETF, as of 11-Jun-2024, is ₹53.62.
The fund's allocation of assets is distributed as 99.95% in equities, 0.00% in bonds, and 0.05% in cash and cash equivalents.
The fund managers responsible for LIC MF Nifty Midcap 100 ETF are:-
  1. Sumit Bhatnagar