October 6, 2023
mayank
LIC MF Large & Mid Cap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 30.4995
NAV IDCW: Rs. 24.2018
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 fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest only through the SIP route.
Fund’s 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.
Fund Manager:
1) Yogesh Patil
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.
2) Dikshit Mittal
Education: Mr. Mittal is a MBA (Finance) – ICFAI Busines School, Hyderabad. B-Tech (Chemical) – Punjab Technical University.
Experience: Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.
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 Large & Mid Cap Fund
| Fund House | LIC Mutual Fund |
| Launch Date | 25-Feb-15 |
| Return Since Launch | 13.82% |
| Benchmark | NIFTY Large Midcap 250 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,223 Cr |
| (As on 30-Sep-2023) | |
| Expense | 0.81% |
| (As on 31-Aug-2023) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | 90.00% |
LIC MF Large & Mid Cap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF Large & Mid Cap Dir | 13.99 | 0.32 | -0.69 | 6.18 | 19.97 | 10.91 | 22.08 | 17.10 | 14.06 | — |
| S&P BSE Large Mid Cap TRI | 10.43 | 0.42 | -0.25 | 2.84 | 15.88 | 14.51 | 22.09 | 15.49 | 13.53 | — |
| Equity: Large & MidCap | 16.67 | 0.27 | -0.74 | 5.86 | 20.57 | 19.13 | 25.87 | 17.78 | 14.22 | — |
| Rank within category | 23 | 11 | 15 | 12 | 16 | 27 | 24 | 15 | 13 | — |
| Number of funds in category | 27 | 27 | 27 | 27 | 27 | 27 | 26 | 19 | 18 | 16 |
LIC MF Large & Mid 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 Large & Mid Cap Dir | 2 star | 10.91 | 22.08 | 17.10 | 0.81 | 2,223 | 13.82 | 1.00 (365) | 8Y 7M | 90.00 |
| Mirae Asset Emrgng Bluechip Dir | 4 star | 20.09 | 25.36 | 20.96 | 0.67 | 28,439 | 22.47 | 1.00 (365) | 10Y 9M | 54.00 |
| Kotak Eqt Opp Dir | 5 star | 22.13 | 25.84 | 19.77 | 0.52 | 15,013 | 16.89 | 1.00 (365) | 10Y 9M | 30.25 |
| SBI Large & Midcap Dir | 5 star | 16.00 | 28.31 | 18.47 | 0.85 | 14,682 | 16.93 | 0.10 (30) | 10Y 9M | 15.00 |
| HDFC Large and Mid Cap Dir | 4 star | 26.07 | 32.16 | 19.48 | 0.99 | 11,198 | 13.08 | 1.00 (365) | 10Y 9M | 5.28 |
Portfolio Analysis of LIC MF Large & Mid Cap Fund
| No. of Stocks | 67 |
| Top 10 Stocks | 29.46% |
| Top 5 Stocks | 19.15% |
| Top 3 Sectors | 50.16% |
| Portfolio P/B Ratio | 3.62 |
| Portfolio P/E Ratio | 22.27 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 69,493 | 95,949 |
| Giant (%) | 30.66 | 36.88 |
| Large (%) | 22.09 | 25.87 |
| Mid (%) | 34.57 | 31.23 |
| Small (%) | 12.68 | 8.03 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For LIC MF Large & Mid Cap Fund
Do not invest in this, or any other large & mid-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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