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3 star

LIC MF Large Cap Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.14 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.69 Lakh

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.

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 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 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 -10.44 0.93 2.44 6.48 10.95 -10.80 -1.26 4.59 5.46 11.69 --
S&P BSE 100 TRI -10.20 0.99 2.50 7.49 18.60 -10.63 -5.36 4.18 6.62 10.79 --
Equity: Large Cap -10.00 0.82 2.19 6.46 16.20 -10.41 -4.81 3.56 6.27 11.30 --
Rank within category 37 32 26 39 62 37 9 19 40 18 --
Number of funds in category 65 67 67 67 65 65 62 52 49 49 0

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
LIC MF Large Cap Fund - Direct Plan  | Invest Online
3 star
Jan-13 -1.26 4.59 5.46 1.59 336
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 -5.72 3.88 7.25 1.10 21,766
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 -3.91 5.13 9.19 0.65 15,175
Axis Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 2.69 10.98 10.20 0.44 14,522
Kotak Bluechip Fund - Direct Plan  | Invest Online
4 star
Jan-13 -0.87 4.20 7.03 1.14 1,502

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.21 (19-Sep-2019 - 26-Sep-2019) -17.13 (16-Mar-2020 - 23-Mar-2020)
Month 13.80 (23-Mar-2020 - 22-Apr-2020) -32.83 (20-Feb-2020 - 23-Mar-2020)
Quarter 23.70 (23-Mar-2020 - 22-Jun-2020) -30.69 (23-Dec-2019 - 23-Mar-2020)
Year 56.83 (03-Sep-2013 - 03-Sep-2014) -20.47 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.55 18.57 0.01 0.01 0.85 0.21
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Large Cap 4.75 20.27 -0.03 -0.03 0.95 -0.59
Rank within category 22 5 21 22 5 22
Number of funds in category 53 53 53 53 53 53

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 23
Top 10 Stocks (%) 64.16
Top 5 Stocks (%) 37.45
Top 3 Sectors (%) 54.85
Portfolio P/B Ratio 4.37
Portfolio P/E Ratio 31.06

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,47,770 2,25,594
Giant (%) 84.02 76.93
Large (%) 15.98 16.86
Mid (%) -- 6.43
Small (%) -- 1.97
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 HDFC Bank Financial 22.68 9.52 7.70 8.90
up ICICI Bank Financial 25.08 8.26 0.00 8.21
up Infosys Technology 20.06 7.66 1.20 7.62
up Bajaj Finance Financial 38.12 6.62 0.00 6.55
up Kotak Mahindra Bank Financial 31.51 7.87 5.37 6.17
up Avenue Supermarts Services 115.56 6.35 0.00 5.91
up Reliance Industries Energy 31.35 5.88 0.00 5.88
equal Tata Consultancy Services Technology 25.58 7.69 0.00 5.61
up Bharti Airtel Communication -- 4.82 0.00 4.82
up Hindustan Unilever FMCG 75.69 5.57 0.00 4.49
up Nestle India FMCG 79.53 3.23 0.00 2.86
up Maruti Suzuki India Automobile 31.95 9.65 2.13 2.72
equal United Spirits FMCG 68.96 2.65 0.00 2.43
up Shree Cement Construction 53.56 2.61 1.53 2.14
equal Titan Company Cons Durable 58.63 2.69 0.00 2.13
up Torrent Pharmaceuticals Healthcare 39.02 1.94 0.00 1.94
up Asian Paints Chemicals 60.87 2.04 0.00 1.76
equal Divi's Laboratories Healthcare 41.96 1.95 0.00 1.71
equal Cipla Healthcare 33.30 1.66 0.00 1.51
up Larsen & Toubro Construction 13.89 4.44 1.18 1.19
up ICICI Prudential Life Insurance Co. Ltd. Financial 58.38 1.03 0.00 1.03
new ICICI Lombard General Insurance Company Financial 48.46 0.93 0.00 0.93
new Reliance Industries Ltd - Partly Paid Equity Energy -- 0.07
equal SBI Cards & Payments Services Financial 52.65 0.06 0.00 0.05

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-Jun-2020

Fund Manager

— Sachin Relekar since 06-Mar-2015

Education: Mr. Relekar is an MMS(Finance) from Jamnalal Bajaj Institute of Management Studies Mumbai and B.E (Mechanical) from K.E.S. College of Engineering Islampur.

Experience: Prior to joining LIC Mutual Fund he has worked with Sundaram Mutual Fund, Tata AMC, CD Equity Search, Innovision Consulting and Tech Pacific India.

Funds Managed:

— 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:


0.93%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 27.8702

Dividend: ₹ 18.4917


Investment Strategy

The scheme seeks to achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives.

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: 01-Jan-2013
Return Since Launch: 10.14%
Benchmark: NIFTY 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 336 Cr (As on 30-Jun-2020)
Expense: 1.59% (As on 31-May-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: 21.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend28-Jan-20200.2214

 28-Nov-20190.1992
 25-Sep-20190.1771
 30-Jul-20190.1549
 28-May-20190.1328
 26-Mar-20190.2435
 30-Jan-20190.1992
 28-Nov-20180.1682
 25-Sep-20180.1461
 26-Jul-20180.1240
 23-May-20180.0974
 26-Mar-20180.2250
 15-Mar-20180.2750
 29-Jan-20180.2000
 30-Nov-20170.1750
 28-Sep-20170.1500
 26-Jul-20170.1250
 24-May-20170.1000
 25-Oct-20161.0000
 06-Jun-20160.1000
 17-Mar-20151.0000

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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