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4 star

LIC MF Infrastructure Fund


1 Lakh

Investment declined to
₹ 0.88 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.42 Lakh

Suitability:

This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other infrastructure 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 -15.03 -1.05 -1.14 4.95 3.52 18.83 -9.82 -4.13 2.50 7.91 2.22
S&P BSE India Infrastructure TRI -17.41 -1.30 0.80 -0.09 4.13 16.00 -19.12 -13.97 -1.11 3.62 0.53
Equity: Sectoral-Infrastructure -9.94 -0.77 0.22 1.63 3.91 19.28 -8.47 -7.33 2.33 10.39 3.12
Rank within category 16 17 20 2 9 9 10 7 11 15 13
Number of funds in category 21 21 21 21 21 21 21 21 21 19 18

As on 28-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
LIC MF Infrastructure Fund  | Invest Online
4 star
Mar-08 -9.82 -4.13 2.50 2.52 46
L&T Infrastructure Fund  | Invest Online
4 star
Sep-07 -15.10 -9.98 3.89 2.27 1,106
Franklin Build India Fund  | Invest Online Now
4 star
Sep-09 -13.07 -5.80 3.86 2.37 821
SBI Infrastructure Fund  | Invest Online
4 star
Jul-07 -5.29 -2.07 5.12 2.58 432
Nippon India Power & Infra Fund  | Invest Online
3 star
May-04 -6.23 -8.60 3.21 2.36 1,068

Best & Worst Performance

Best (Period) Worst (Period)
Week 23.90 (27-Oct-2008 - 04-Nov-2008) -19.57 (16-Mar-2020 - 23-Mar-2020)
Month 32.50 (11-May-2009 - 10-Jun-2009) -37.46 (20-Feb-2020 - 23-Mar-2020)
Quarter 70.92 (09-Mar-2009 - 10-Jun-2009) -41.04 (02-Sep-2008 - 02-Dec-2008)
Year 84.34 (02-Dec-2008 - 02-Dec-2009) -42.48 (28-Mar-2008 - 30-Mar-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -0.22 23.72 -0.22 -0.23 0.85 6.90
S&P BSE India Infrastructure TRI -9.28 25.78 -0.56 -0.72 -- --
Equity: Sectoral-Infrastructure -2.35 25.59 -0.28 -0.33 0.93 5.93
Rank within category 7 5 7 7 4 8
Number of funds in category 21 21 21 21 21 21

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 27
Top 10 Stocks (%) 58.73
Top 5 Stocks (%) 35.50
Top 3 Sectors (%) 69.88
Portfolio P/B Ratio 2.10
Portfolio P/E Ratio 20.43

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 58,912 33,258
Giant (%) 49.19 28.74
Large (%) 5.83 14.54
Mid (%) 22.14 27.81
Small (%) 22.83 29.68
Tiny (%) -- 1.51

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 Reliance Industries Energy 32.17 9.47 0.00 9.20
equal The Ramco Cements Construction 34.83 7.16 4.51 7.16
up Ultratech Cement Construction 21.92 6.97 1.83 6.97
down HDFC Bank Financial 21.99 9.83 6.65 6.65
equal Bharti Airtel Communication -- 8.38 3.00 5.52
up SKF India Engineering 38.76 5.74 3.40 5.49
down ICICI Bank Financial 26.66 10.08 5.17 5.33
equal KNR Constructions Construction 12.79 5.10 0.00 5.10
new Petronet LNG Energy 12.95 4.46 0.00 3.90
equal Hindalco Inds. Metals 18.76 4.00 1.94 3.41
equal Brigade Enterprises Construction 99.70 4.39 1.97 3.40
equal HDFC Financial 15.92 4.08 0.00 3.30
down City Union Bank Financial 24.74 7.46 3.03 3.03
equal JK Lakshmi Cement Construction 13.58 3.31 2.38 2.74
down State Bank of India Financial 7.70 6.54 2.41 2.41
equal ACC Construction 25.15 2.48 1.75 2.40
equal Larsen & Toubro Construction 11.48 4.40 2.24 2.24
equal Container Corp. Services 105.63 3.05 1.95 2.13
down Axis Bank Financial 42.31 4.11 0.00 1.92
new Blue Dart Express Services -- 1.14 0.00 1.14
equal Coal India Energy 4.82 2.25 1.08 1.08
new Ashoka Buildcon Construction 10.77 3.74 0.00 0.99
new Honeywell Automation Engineering 53.18 0.98 0.00 0.98
new Orient Cement Construction 24.02 0.94 0.00 0.94
equal Indian Oil Corp. Energy -- 2.86 0.67 0.67

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

— Yogesh Patil since 18-Sep-2020

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:


-1.05%

Change from previous, NAV as on 28-Oct-2020

Growth: ₹ 12.8990

Dividend: ₹ 12.8997


Investment Strategy

The scheme aims to invest in equity/equity related securities of the companies which are engaged either directly or indirectly in the infrastructure sector.

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: 24-Mar-2008
Return Since Launch: 2.04%
Benchmark: NIFTY Infrastructure TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 46 Cr (As on 30-Sep-2020)
Expense: 2.52% (As on 30-Sep-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: 6.00%

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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