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LIC MF Equity Hybrid Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.34 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.21 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80% of your money in equity shares and the rest in bonds and commodities. Their returns are slightly lower than pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to its sharp ups and downs.

Like all equity-linked investments, 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 aggressive hybrid 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 2.21 0.68 0.26 2.19 6.36 11.60 16.92 10.32 6.02 10.43 --
VR Balanced TRI 0.63 0.49 -0.66 0.33 5.08 7.96 13.29 13.09 7.94 11.24 --
Hybrid: Aggressive Hybrid 2.08 0.58 0.10 2.22 5.63 9.64 12.35 10.03 8.22 13.16 --
Rank within category 21 14 13 25 12 11 7 16 23 21 --
Number of funds in category 43 43 43 42 42 42 38 31 24 22 0

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 7.20 (26-Feb-2016 - 04-Mar-2016) -7.46 (17-Aug-2015 - 24-Aug-2015)
Month 11.44 (29-Feb-2016 - 30-Mar-2016) -10.45 (07-Aug-2015 - 07-Sep-2015)
Quarter 15.67 (29-Feb-2016 - 30-May-2016) -14.86 (27-Nov-2015 - 26-Feb-2016)
Year 44.51 (13-Feb-2014 - 13-Feb-2015) -23.09 (25-Feb-2015 - 25-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 10.70 10.34 0.48 0.79 0.85 -1.75
VR Balanced TRI 13.65 10.24 0.77 1.18 -- --
Hybrid: Aggressive Hybrid 10.72 9.98 0.51 0.79 0.86 -1.78
Rank within category 17 24 19 16 15 18
Number of funds in category 32 32 32 32 32 32

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

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 51
Top 10 Holdings (%) 44.75
Top 5 Holdings (%) 27.52
Top 3 Sectors (%) 51.54
Portfolio P/B Ratio 3.75
Portfolio P/E Ratio 27.95

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 9.37% State Bank of India 21/12/2023 Debenture AA+ 3.83 - 4.43 3.83
equal 8.24% India Infradebt 30/08/2021 Debenture AAA 0.00 - 4.01 3.74
equal 8.70% L&T Infra Debt Fund 24/02/2021 Bonds AAA 0.00 - 4.02 3.73
up 7.27% GOI 2026 GOI Securities SOV 0.00 - 3.01 3.01
equal 6.68% GOI 17/09/2031 GOI Securities SOV 0.00 - 2.45 2.39
equal 8.94% Export-Import Bank 31/12/2022 Bonds AAA 1.32 - 1.53 1.32
equal 8.30% NTPC 15/01/2029 Debenture AAA 1.31 - 1.49 1.31
equal 8.40% Sundaram Bnp Paribas Home Finance 2022 Non Convertible Debenture AA+ 0.00 - 1.44 1.25
equal 6.79% GOI 26/12/2029 GOI Securities SOV 0.63 - 1.57 0.63
equal 7.95% GOI 2032 GOI Securities SOV 0.00 - 1.40 0.58
up 6.45% GOI 2029 GOI Securities SOV 0.00 - 0.55 0.55
equal 7.72% GOI 25/05/2025 Central Government Loan SOV 0.50 - 0.59 0.50
equal 7.59% GOI 2026 GOI Securities SOV 0.23 - 0.26 0.23
equal 8.60% GOI 2028 Central Government Loan SOV 0.20 - 1.79 0.20
down 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 5.81 0.13
equal 6.97% GOI 2026 GOI Securities SOV 0.06 - 0.07 0.06
equal 7.88% GOI 19/03/2030 GOI Securities SOV 0.04 - 0.76 0.04
equal 8.15% GOI 24/11/2026 Central Government Loan SOV 0.01 - 0.01 0.01
equal 8.49% NTPC 25/03/2025 Bonds/NCDs AAA 0.01 - 0.01 0.01
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 3.21 0.00

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 25.94 8.84 0.00 8.45
equal ICICI Bank Financial 67.25 8.45 1.42 6.72
equal Tata Consultancy Services Technology 25.29 5.71 0.00 4.63
equal Infosys Technology 20.40 5.05 0.00 3.89
equal Kotak Mahindra Bank Financial 36.01 3.99 0.00 3.77
equal HDFC Financial 34.91 3.25 0.00 2.98
down Axis Bank Financial 43.43 3.17 0.00 2.67
up Hindustan Unilever FMCG 68.15 2.89 0.00 2.57
equal Coromandel International Chemicals 21.33 2.43 0.00 2.43
equal Nestle India FMCG 82.61 2.80 0.00 2.08
equal Container Corp. Services 64.17 2.31 0.00 1.92
equal Federal Bank Financial 11.43 4.33 0.00 1.88
equal Tech Mahindra Technology 17.20 8.15 0.30 1.49
equal L&T Infotech Technology 23.14 1.81 0.00 1.38
equal Ashoka Buildcon Construction 11.20 1.35 0.00 1.35
down City Union Bank Financial 23.90 1.88 0.70 1.31
equal Reliance Industries Energy 22.24 2.74 0.00 1.22
equal Grasim Industries Construction 12.48 3.05 0.00 1.16
down Mahanagar Gas Energy 16.14 1.55 0.00 1.14
up Marico FMCG 36.52 1.06 0.00 1.06
equal Sanofi India Healthcare 38.53 1.51 0.00 1.03
up 3M India Services 69.72 1.02 0.00 1.02
equal State Bank of India Financial 28.59 3.92 0.90 1.02
equal SBI Life Insurance Company Financial 74.10 1.36 0.00 1.01
equal Abbott India Healthcare 50.95 0.97 0.00 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 31-Dec-2019

Fund Manager

— Marzban Irani since 10-Aug-2016

Education: Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai.

Experience: Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.

Funds Managed:

— Yogesh Patil since 05-Oct-2018

Education: Mr. Patil is an MBA (Finance).

Experience: Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.

Funds Managed:


0.68%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 120.0845

Dividend: ₹ 15.3924


Investment Strategy

The scheme seeks to provide regular returns and capital appreciation from a portfolio comprising of equity and debt instruments, and also in money market instruments.

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 For units in excess of 12% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: LIC Mutual Fund
Launch Date: 03-Jan-2013
Return Since Launch: 10.25%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 404 Cr (As on 31-Dec-2019)
Expense: 1.38% (As on 31-Dec-2019)
Risk Grade: High
Return Grade: Below Average
Turnover: 83.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend31-Dec-20190.0974

 28-Nov-20190.0974
 06-Nov-20190.0974
 25-Sep-20190.0974
 28-Aug-20190.0974
 30-Jul-20190.0974
 26-Jun-20190.0974
 28-May-20190.0974
 14-May-20190.0974
 26-Mar-20190.0974
 25-Feb-20190.0974
 30-Jan-20190.0974
 26-Dec-20180.0974
 28-Nov-20180.0974
 29-Oct-20180.0974
 25-Sep-20180.0974
 27-Aug-20180.0974
 26-Jul-20180.0974
 27-Jun-20180.0974
 23-May-20180.0974
 26-Apr-20180.0974
 26-Mar-20180.1000
 22-Feb-20180.1000
 29-Jan-20180.1000
 22-Jan-20180.1000

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: www.licmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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