October 5, 2023
mayank
LIC MF Flexi Cap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 83.4313
NAV IDCW: Rs 28.0917
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.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks maximum possible capital growth consistent with reasonable levels of safety with predominant investment in equity, it may also take exposure in debt market securities. It was made in to an open-ended scheme from April 1998.
Fund Manager:
1) Jaiprakash Toshniwal
Education: Mr. Toshniwal is a CFA – CFA Institute, USA. MS Finance (CFA) – ICFAI, India. B.com – Gujarat University.
Experience: Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.
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 Flexi Cap Fund
| Fund House | LIC Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 12.84% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 866 Cr |
| (As on 31-Aug-2023) | |
| Expense | 1.60% |
| (As on 31-Aug-2023) | |
| Risk Grade | Below Average |
| Return Grade | Below Average |
| Turnover | 153.00% |
LIC MF Flexi Cap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF Flexi Cap Dir | 15.57 | -0.81 | -0.74 | 4.61 | 19.08 | 15.08 | 20.64 | 14.43 | 11.09 | 14.48 |
| S&P BSE 500 TRI | 11.53 | -0.74 | -0.34 | 3.66 | 17.88 | 15.27 | 23.26 | 15.53 | 13.82 | 15.64 |
| Equity: Flexi Cap | 14.47 | -0.89 | -0.38 | 4.70 | 18.75 | 17.00 | 22.82 | 15.85 | 13.58 | 16.89 |
| Rank within category | 23 | 30 | 57 | 35 | 26 | 46 | 36 | 27 | 29 | 25 |
| Number of funds in category | 68 | 75 | 74 | 72 | 70 | 68 | 50 | 38 | 33 | 27 |
LIC MF Flexi Cap 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 Flexi Cap Dir | 2 star | 15.08 | 20.64 | 14.43 | 1.60 | 866 | 12.84 | 1.00 (365) | 10Y 9M | 153.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 22.93 | 23.46 | 20.20 | 0.67 | 40,760 | 19.29 | 2.00 (365) | 10Y 4M | 3.72 |
| HDFC Flexi Cap Dir | 4 star | 22.90 | 33.32 | 17.56 | 0.94 | 38,668 | 15.69 | 1.00 (365) | 10Y 9M | 34.61 |
| Franklin Ind Flexi Cap Dir | 4 star | 20.98 | 29.56 | 16.91 | 0.96 | 11,749 | 16.22 | 1.00 (365) | 10Y 9M | 14.59 |
| Canara Robeco Flexi Cap Dir | 4 star | 13.66 | 20.66 | 16.84 | 0.54 | 10,133 | 14.32 | 1.00 (365) | 10Y 9M | 25.00 |
Portfolio Analysis of LIC MF Flexi Cap Fund
| No. of Stocks | 58 |
| Top 10 Stocks | 37.96% |
| Top 5 Stocks | 25.16% |
| Top 3 Sectors | 54.18% |
| Portfolio P/B Ratio | 3.70 |
| Portfolio P/E Ratio | 23.48 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,05,606 | 1,48,505 |
| Giant (%) | 49.12 | 52.10 |
| Large (%) | 14.55 | 19.35 |
| Mid (%) | 26.35 | 23.10 |
| Small (%) | 9.98 | 6.26 |
| Tiny (%) | — | 0.02 |
Chanakya’s Mutual Fund Guidance For LIC MF Flexi Cap Fund
Do not invest in this, or any other flexi-cap 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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