October 3, 2023
mayank
LIC MF Aggressive Hybrid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 167.0266
NAV IDCW: Rs 16.4791
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of 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 sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s 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.
Fund Manager:
(1) Karan Doshi
Education: Mr. Doshi is a Bachelor of Engineering, MMS (Finance)
Experience: Prior to joining LIC Mutual Fund, he has worked with Subhkam Ventures Pvt. Limited as Equity Analyst.
2) Pratik Harish Shroff
Education: Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience: Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 12% of the investment 1% will be charged for redemption Within 365 days |
Basic Details of LIC MF Aggressive Hybrid Fund
| Fund House | LIC Mutual Fund |
| Launch Date | 03-Jan-13 |
| Return Since Launch | 10.30% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 570 Cr |
| (As on 31-Aug-2023) | |
| Expense | 1.40% |
| (As on 31-Aug-2023) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | 66.00% |
LIC MF Aggressive Hybrid Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF Agrssv Hybrid Dir | 10.65 | -0.15 | 0.67 | 3.60 | 14.47 | 14.13 | 14.95 | 10.60 | 9.93 | 10.88 |
| VR Balanced TRI | 8.91 | 0.53 | 1.80 | 2.50 | 12.66 | 14.93 | 19.21 | 12.67 | 12.62 | 13.21 |
| Hybrid: Aggressive Hybrid | 13.32 | 0.01 | 1.32 | 5.15 | 16.09 | 16.93 | 20.07 | 13.62 | 12.43 | 15.36 |
| Rank within category | 34 | 36 | 41 | 40 | 39 | 38 | 39 | 33 | 25 | 21 |
| Number of funds in category | 45 | 45 | 45 | 45 | 45 | 45 | 41 | 35 | 27 | 21 |
LIC MF Aggressive Hybrid Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| LIC MF Agrssv Hybrid Dir | 2 star | 14.13 | 14.95 | 10.60 | 1.40 | 570 | 10.30 | 1.00 (365) | 10Y 9M | 66.00 |
| ICICI Pru Eqt & Debt Dir | 5 star | 25.11 | 31.58 | 17.90 | 1.12 | 25,275 | 17.15 | 1.00 (365) | 10Y 9M | 28.00 |
| HDFC Hybrid Eqt Dir | 4 star | 19.59 | 23.03 | 14.39 | 1.08 | 20,789 | 15.29 | 1.00 (365) | 10Y 9M | 37.37 |
| Canara Robeco Eqt Hybrid Dir | 4 star | 16.01 | 18.06 | 14.49 | 0.61 | 8,987 | 14.37 | 1.00 (365) | 10Y 9M | 20.00 |
| Mirae Asset Hybrid Eqt Dir | 4 star | 17.63 | 19.50 | 14.40 | 0.41 | 7,722 | 13.64 | 1.00 (365) | 8Y 2M | 59.00 |
Portfolio Analysis of LIC MF Aggressive Hybrid Fund
| No. of Stocks | 55 |
| Top 10 Holdings | 43.22% |
| Top 5 Stocks | 28.91% |
| Top 3 Sectors | 41.81% |
| Portfolio P/B Ratio | 3.84 |
| Portfolio P/E Ratio | 25.39 |
| Avg Credit Rating | AAA |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,76,363 | 1,44,908 |
| Giant (%) | 61.71 | 53.53 |
| Large (%) | 11.29 | 16.90 |
| Mid (%) | 22.52 | 23.53 |
| Small (%) | 4.48 | 7.76 |
| Tiny (%) | — | 0.04 |
| Fund | Category | |
| Number of Securities | 64 | 67 |
| Macaulay Duration (yrs) | 3.49 | 2.69 |
| Average Maturity (yrs) | 4.02 | 4.09 |
| Yield to Maturity (%) | 7.27 | 7.29 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For LIC MF Aggressive Hybrid Fund
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.licmf.com/fund-overview/All
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