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3 star

LIC MF Index-Nifty Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.16 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.94 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -2.28 0.20 -0.31 3.42 7.96 28.35 2.01 5.14 7.41 9.60 7.11
S&P BSE 100 TRI -1.16 0.24 -0.09 2.67 8.01 28.11 2.84 5.59 8.74 11.41 8.39
Equity: Large Cap -2.04 0.26 0.03 2.25 6.72 24.37 1.18 5.00 7.75 10.95 7.91
Rank within category 70 65 100 29 54 45 65 54 48 58 41
Number of funds in category 111 116 116 115 114 114 108 89 71 63 53

As on 20-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
LIC MF Index-Nifty Plan  | Invest Online
3 star
Dec-02 2.01 5.14 7.41 1.03 26
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 -0.76 3.31 7.85 1.78 23,423
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 3.72 5.21 10.02 1.65 18,450
Axis Bluechip Fund  | Invest Online
5 star
Jan-10 2.43 9.49 10.63 1.70 17,270
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 2.41 6.11 8.48 0.14 2,711

Best & Worst Performance

Best (Period) Worst (Period)
Week 24.14 (27-Oct-2008 - 04-Nov-2008) -21.09 (10-May-2004 - 17-May-2004)
Month 30.12 (09-Mar-2009 - 08-Apr-2009) -37.64 (24-Sep-2008 - 24-Oct-2008)
Quarter 78.66 (09-Mar-2009 - 10-Jun-2009) -41.61 (28-Jul-2008 - 27-Oct-2008)
Year 92.27 (09-Mar-2009 - 11-Mar-2010) -57.57 (26-Oct-2007 - 27-Oct-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.85 21.17 0.08 0.10 1.00 -0.50
S&P BSE 100 TRI 7.35 21.09 0.11 0.12 -- --
Equity: Large Cap 6.58 20.40 0.08 0.09 0.95 -0.65
Rank within category 51 64 53 52 69 54
Number of funds in category 90 90 90 90 90 90

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 51
Top 10 Stocks (%) 62.08
Top 5 Stocks (%) 43.98
Top 3 Sectors (%) 68.84
Portfolio P/B Ratio 2.87
Portfolio P/E Ratio 36.44

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,95,570 2,14,288
Giant (%) 83.23 65.47
Large (%) 16.77 25.83
Mid (%) -- 11.37
Small (%) -- 2.39
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 34.31 14.90 7.47 14.90
up HDFC Bank Financial 22.78 11.29 9.18 9.66
up Infosys Technology 27.12 7.62 4.64 7.61
up HDFC Financial 16.49 8.44 6.40 6.40
up Tata Consultancy Services Technology 33.53 5.42 3.29 5.41
up ICICI Bank Financial 28.11 6.98 4.19 5.05
up Kotak Mahindra Bank Financial 31.82 4.79 3.34 3.86
up Hindustan Unilever FMCG 74.51 4.54 2.23 3.83
up ITC FMCG 14.25 5.90 3.09 3.09
up Larsen & Toubro Construction 15.37 4.13 2.27 2.27
up Axis Bank Financial 89.33 3.35 2.05 2.17
up Bharti Airtel Communication -- 3.10 0.94 2.10
up Asian Paints Chemicals 89.62 2.07 1.18 1.85
up Maruti Suzuki India Automobile 51.30 3.21 1.57 1.84
up HCL Technologies Technology 19.59 1.80 1.16 1.80
up Bajaj Finance Financial 39.07 2.51 0.90 1.79
up State Bank of India Financial 8.39 3.03 1.47 1.47
up Dr. Reddy's Lab Healthcare 43.36 1.34 0.54 1.34
up Mahindra & Mahindra Automobile -- 2.04 0.72 1.19
up Nestle India FMCG 75.32 1.58 0.00 1.17
up Sun Pharmaceutical Inds. Healthcare 161.67 1.59 0.83 1.10
up Titan Company Cons Durable 131.46 1.15 0.00 1.03
up Wipro Technology 20.56 0.98 0.67 0.98
up Tech Mahindra Technology 20.32 1.19 0.73 0.97
up Ultratech Cement Construction 24.62 1.16 0.84 0.97

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Ritu Modi since 01-Nov-2019

Education: B.Com. and (MBA Finance)

Experience: Prior to joining LIC Mutual Fund, she has worked with Ambit Capital as Research Analyst.

Funds Managed:


0.20%

Change from previous, NAV as on 20-Oct-2020

Growth: ₹ 65.6746

Dividend: ₹ 24.2270


Investment Strategy

The scheme aims to generate returns commensurate with the performance of Nifty 50 by investing in the index stocks, subject to tracking errors.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0.25% for redemption within 7 days

Basic Details

Fund House: LIC Mutual Fund
Launch Date: 05-Dec-2002
Return Since Launch: 11.70%
Benchmark: NIFTY 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 26 Cr (As on 30-Sep-2020)
Expense: 1.03% (As on 30-Sep-2020)
Risk Grade: Above Average
Return Grade: Average
Turnover: 29.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend18-Mar-20082.0000

 02-Feb-20075.0000
 08-Nov-20054.0000
 23-Jan-20041.6000
 03-Nov-20031.3000
Growth03-Nov-20031.3000

Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

Address: Industrial Assurance Building 4th Floor, Opp. Churchgate Station Mumbai - 400020

Phone: 022-66016000 / 1800-258-5678

Fax: 022-22880633

Email: [email protected]

Website: http://www.licmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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