June 20, 2025
RA Jainee
LIC MF Manufacturing Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 9.7309
NAV IDCW: Rs 9.7309
Suitable For Which Investors?
Such thematic funds are avoidable for most investors because:
• They have a narrow investment focus
• Instead, diversified equity funds which invest across sectors/themes are better
If you still choose to invest:
1. Invest only through SIP
2. Have a 7+ year investment horizon
3. Be prepared to withstand interim sharp declines in investment value
Fund’s Investment Strategy:
The scheme seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies following manufacturing theme.
Fund Manager:
1) Mahesh Bendre
Education: Mr. Bendre has done B.E(Mechanical), MBA (Finance) and PhD (Finance)
Experience: Prior to joining LIC Mutual Fund, he has worked with IDBI Capital, Vervene Asset Management, Stewart & Mackertich, Karvy Inst. Equity and Way2wealth, Quantum Securities
2) 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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 200 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 30 |
| 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 90 days |
Basic Details of LIC MF Manufacturing Fund
| Fund House | LIC Mutual Fund |
| Launch Date | 11-Oct-24 |
| Return Since Launch | -2.69% |
| Benchmark | Nifty India Manufacturing TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 874 Cr |
| (As on 31-May-2025) | |
| Expense | 0.45% |
| (As on 31-May-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of LIC MF Manufacturing Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF Manufacturing Dir | 0.10 | -1.78 | 0.46 | 13.92 | -1.56 | — | — | — | — | — |
| BSE 500 TRI | 2.02 | -0.69 | -0.40 | 9.08 | 0.39 | — | — | — | — | — |
Peer Comparison of LIC MF Manufacturing 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 Manufacturing Dir | Unrated | — | — | — | 0.45 | 874 | -2.69 | 1.00 (90) | 8M | — |
| ICICI Pru India Opportunities Dir | Unrated | 11.52 | 30.25 | 33.45 | 0.63 | 28,204 | 23.24 | 1.00 (365) | 6Y 5M | 68.00 |
| ICICI Pru Business Cycle Dir | Unrated | 9.09 | 27.74 | — | 0.72 | 12,972 | 23.25 | 1.00 (30) | 4Y 5M | 25.00 |
| HDFC Manufacturing Dir | Unrated | -1.98 | — | — | 0.50 | 12,098 | 4.36 | 1.00 (30) | 1Y 1M | 20.03 |
| SBI Innovative Opportunities Dir | Unrated | — | — | — | 0.61 | 7,367 | -5.68 | 1.00 (365) | 10M | 56.00 |
Portfolio Analysis of LIC MF Manufacturing Fund
| No. of Stocks | 72 |
| Top 10 Stocks | 30.50% |
| Top 5 Stocks | 18.71% |
| Top 3 Sectors | 62.42% |
| Portfolio P/B Ratio | 5.67 |
| Portfolio P/E Ratio | 41.68 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 27,207 | 1,26,954 |
| Giant (%) | 11.65 | 41.53 |
| Large (%) | 19.45 | 23.81 |
| Mid (%) | 29.66 | 27.90 |
| Small (%) | 39.24 | 10.77 |
| Tiny (%) | — | 0.73 |
Chanakya’s Mutual Fund Guidance For LIC MF Manufacturing Fund
WILL Post Soon
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