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LIC MF Large & Mid Cap Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.53 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.26 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.

This fund invests in a combination of large and medium-sized companies, thereby providing some degree of flexibility to the fund management team to invest in companies of different sizes, depending upon where it expects maximum gains. We believe this flexibility is good for fund investors but we suggest one should also consider multi cap funds which offer complete freedom to fund managers to choose companies of different sizes.

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 and mid 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.71 0.41 2.20 3.62 10.23 12.49 18.14 15.13 -- -- --
S&P BSE 250 Large MidCap TRI 2.11 0.17 1.54 3.31 8.72 7.03 12.71 14.03 -- -- --
Equity: Large & MidCap 2.96 0.47 2.09 4.27 9.66 8.60 13.36 12.49 -- -- --
Rank within category 18 16 14 21 9 1 5 4 -- -- --
Number of funds in category 26 27 27 26 24 24 23 20 19 18 0

As on 16-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 10.47 (26-Dec-2016 - 25-Jan-2017) -14.22 (07-Sep-2018 - 08-Oct-2018)
Quarter 19.45 (24-Jun-2016 - 23-Sep-2016) -12.35 (26-Nov-2015 - 25-Feb-2016)
Year 47.51 (26-Dec-2016 - 26-Dec-2017) -15.75 (26-Feb-2015 - 26-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.58 14.29 0.69 0.92 1.01 1.04
S&P BSE 250 Large MidCap TRI 14.47 12.73 1.05 -- -- --
Equity: Large & MidCap 12.93 13.71 0.53 0.78 1.00 -1.58
Rank within category 5 16 5 10 11 4
Number of funds in category 22 22 22 22 22 22

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 38
Top 10 Stocks (%) 41.83
Top 5 Stocks (%) 25.23
Top 3 Sectors (%) 57.90
Portfolio P/B Ratio 4.16
Portfolio P/E Ratio 30.97

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 72,696 68,908
Giant (%) 46.49 42.33
Large (%) 3.06 10.46
Mid (%) 47.01 44.37
Small (%) 3.45 5.89
Tiny (%) -- 0.20

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
down Bajaj Finance Financial 51.58 6.69 0.00 6.26
down ICICI Bank Financial 66.86 5.21 0.00 5.21
down HDFC Bank Financial 29.93 6.17 0.00 4.96
equal City Union Bank Financial 24.52 5.58 2.75 4.84
equal Bajaj Finserv Financial 41.37 4.39 0.00 3.96
equal Infosys Technology 20.00 3.68 0.00 3.55
equal Cholamandalam Invest. & Fin. Financial 20.87 3.80 0.00 3.43
equal Avenue Supermarts Services 102.26 3.74 0.00 3.25
down Kotak Mahindra Bank Financial 39.48 3.49 0.00 3.23
down Tata Consultancy Services Technology 25.69 5.95 0.00 3.14
equal Bata India FMCG 63.27 3.29 0.00 2.99
equal Tata Chemicals Chemicals 15.53 4.92 2.90 2.98
down Torrent Pharmaceuticals Healthcare 61.12 3.54 0.00 2.91
equal Aditya Birla Fashion and Retail Services 60.51 2.74 0.00 2.74
equal Kansai Nerolac Paints Chemicals 50.87 3.00 0.00 2.66
down HDFC Financial 34.92 4.44 0.00 2.50
equal Reliance Industries Energy 23.87 3.21 0.00 2.43
equal Indian Hotels Services 48.83 2.49 0.00 2.35
equal Info Edge (India) Services 146.94 2.40 0.00 2.22
equal Voltas Cons Durable 47.40 2.75 1.58 2.18
down Axis Bank Financial 46.94 2.52 0.00 2.04
equal Brigade Enterprises Construction 24.97 2.21 0.37 2.01
equal Sanofi India Healthcare 39.06 2.83 1.75 1.98
equal Alkem Laboratories Healthcare 30.12 1.98 0.00 1.91
equal L&T Finance Holdings Financial 13.76 1.94 0.00 1.85

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

— Sachin Relekar since 02-Feb-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:


0.41%

Change from previous, NAV as on 16-Jan-2020

Growth: ₹ 17.6247

Dividend: ₹ 15.3011


Investment Strategy

The scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of large cap and midcap companies.

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: 25-Feb-2015
Return Since Launch: 12.28%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 603 Cr (As on 31-Dec-2019)
Expense: 0.64% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Above Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend24-Sep-20190.2214

 25-Sep-20180.4870
 26-Mar-20180.5000
 15-Mar-20180.1500
 28-Sep-20170.5000

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

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM