June 21, 2025
mayank
LIC MF Multi Asset Allocation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 11.1495
NAV IDCW: Rs 11.1495
Suitable For Which Investors?
Multi Asset Allocation funds are suitable for investors:
1. Looking to invest in a portfolio of equity, debt and commodity for moderate returns
2. Who prefer to let fund manager decide how much to invest in equity, debt and commodity
3. Aiming for long term wealth creation
4. With a 5-8 year investment horizon
5. Who are new/unfamiliar with market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The scheme is to generate long term capital appreciation by investing in diversified portfolio of equity & equity related instruments, debt & money market instruments and units of Gold Exchange Traded Funds (ETFs).
Fund Manager:
1) Nikhil Rungta
Education: Mr. Rungta has done CA, MBA (Finance), FRM
Experience: Prior to joining Nippon India Mutual Fund, he has worked with Bajaj Allianz Life Insurance Company, Anand Rathi Shares & Stock Brokers Ltd., Standard Chartered Securities (India) Ltd., Religare Capital Markets Ltd. and Moody’s Investor Service -ICRA Ltd.
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.
3) 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.
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 3 months |
Basic Details of LIC MF Multi Asset Allocation Fund
| Fund House | LIC Mutual Fund |
| Launch Date | 14-Feb-25 |
| Return Since Launch | 11.50% |
| Benchmark | NIFTY 500 TRI (65), NIFTY Composite Debt Index (25), Domestic Price of Gold (10) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 577 Cr |
| (As on 31-May-2025) | |
| Expense | 0.50% |
| (As on 31-May-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of LIC MF Multi Asset Allocation Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF Multi Asset Allocation Dir | — | 0.69 | 1.94 | 7.49 | — | — | — | — | — | — |
| VR Multi Asset TRI | — | -0.48 | 0.28 | 7.86 | — | — | — | — | — | — |
| Hybrid: Multi Asset Allocation | — | 0.50 | 1.99 | 7.18 | — | — | — | — | — | — |
| Rank within category | — | 9 | 25 | 19 | — | — | — | — | — | — |
| Number of funds in category | 42 | 45 | 43 | 43 | 41 | 39 | 23 | 14 | 11 | 8 |
Peer Comparison of LIC MF Multi Asset Allocation 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 Multi Asset Allocation Dir | Unrated | — | — | — | 0.50 | 577 | 11.50 | 1.00 (90) | 4M | — |
| ICICI Pru Multi Asset Dir | 5 star | 12.46 | 23.63 | 25.55 | 0.67 | 59,452 | 16.98 | 1.00 (365) | 12Y 5M | 29.00 |
| SBI Multi Asset Allocation Dir | 4 star | 9.40 | 19.79 | 16.21 | 0.58 | 8,395 | 12.44 | 1.00 (365) | 12Y 5M | — |
| UTI Multi Asset Allocation Dir | 4 star | 8.82 | 24.23 | 18.40 | 0.60 | 5,659 | 10.42 | 1.00 (30) | 12Y 5M | 239.00 |
| HDFC Multi Asset Dir | 4 star | 10.51 | 18.05 | 18.86 | 0.78 | 4,375 | 12.06 | 1.00 (365) | 12Y 5M | 18.12 |
Portfolio Analysis of LIC MF Multi Asset Allocation Fund
| No. of Stocks | 51 |
| Top 10 Holdings | 34.89% |
| Top 5 Stocks | 24.75% |
| Top 3 Sectors | 31.82% |
| Portfolio P/B Ratio | 3.47 |
| Portfolio P/E Ratio | 23.47 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 99,725 | 2,35,403 |
| Giant (%) | 37.77 | 58.32 |
| Large (%) | 25.00 | 19.70 |
| Mid (%) | 25.13 | 17.59 |
| Small (%) | 12.10 | 5.90 |
| Tiny (%) | — | 0.06 |
| Fund | Category | |
| Number of Securities | 58 | 71 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For LIC MF Multi Asset Allocation Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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