June 20, 2025
mayank
LIC MF Equity Savings Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 31.0092
NAV IDCW Quarterly: Rs 17.2746
IDCW Monthly NAV: Rs 20.9451
Suitable For Which Investors?
“Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy:
The scheme seeks to provide regular income by investing in debt and money market instruments and using arbitrage and other derivative strategies. Also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments.
Fund Manager:
1) Sumit Bhatnagar
Education: Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
Experience: Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.
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) | 200 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 30 |
| Min. Balance (Rs) | 5,000 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 12% of the investment, 1% will be charged for redemption within 3 months |
Basic Details of LIC MF Equity Savings Fund
| Fund House | LIC Mutual Fund |
| Launch Date | 04-Jan-13 |
| Return Since Launch | 8.21% |
| Benchmark | NIFTY Equity Savings TRI |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 22 Cr |
| (As on 31-May-2025) | |
| Expense | 1.33% |
| (As on 31-May-2025) | |
| Risk Grade | High |
| Return Grade | Average |
| Turnover | 93.00% |
Trailing Returns (%) of LIC MF Equity Savings Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF Equity Savings Dir | 5.51 | -0.49 | 0.32 | 6.76 | 4.99 | 9.20 | 12.66 | 11.81 | 9.26 | 8.13 |
| VR Equity Savings TRI | 3.99 | -0.20 | -0.16 | 5.78 | 3.15 | 6.23 | 13.39 | 12.71 | 10.03 | 9.44 |
| Hybrid: Equity Savings | 3.00 | -0.20 | 0.23 | 4.32 | 2.76 | 7.46 | 12.45 | 12.36 | 9.45 | 9.02 |
| Rank within category | 1 | 23 | 8 | 1 | 1 | 3 | 13 | 14 | 11 | — |
| Number of funds in category | 22 | 23 | 23 | 23 | 22 | 22 | 22 | 22 | 16 | 9 |
Peer Comparison of LIC MF Equity Savings Fund
| 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 Equity Savings Dir | 1 star | 9.20 | 12.66 | 11.81 | 1.33 | 22 | 8.21 | 1.00 (90) | 12Y 5M | 93.00 |
| ICICI Pru Equity Savings Dir | 5 star | 8.82 | 9.84 | 10.77 | 0.50 | 13,555 | 8.68 | 0.25 (7) | 10Y 6M | 57.00 |
| Kotak Equity Savings Dir | 4 star | 6.29 | 13.79 | 13.18 | 0.66 | 8,254 | 10.21 | 1.00 (90) | 10Y 8M | 450.57 |
| DSP Equity Savings Dir | 4 star | 9.74 | 12.51 | 13.30 | 0.38 | 2,995 | 10.09 | — | 9Y 2M | 13.00 |
| Sundaram Equity Savings Dir | 4 star | 9.22 | 15.23 | 14.00 | 0.63 | 1,049 | 9.49 | 0.50 (7) | 23Y | 71.20 |
Portfolio Analysis of LIC MF Equity Savings Fund
| Number of Stocks | 55 |
| Number of Bonds | 0 |
| Average Maturity (yrs) * | — |
| Top 10 Holdings | 35.77% |
| Portfolio P/B Ratio | 3.03 |
| Portfolio P/E Ratio | 20.85 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,14,763 | 3,07,767 |
| Giant (%) | 45.43 | 69.81 |
| Large (%) | 22.52 | 17.51 |
| Mid (%) | 17.57 | 9.56 |
| Small (%) | 14.48 | 3.78 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 72 | 121 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For LIC MF Equity Savings Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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