October 9, 2023
mayank
LIC MF S&P BSE Sensex Index Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 130.5789
NAV IDCW: Rs 43.7802
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 of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme aims to generate returns commensurate with the performance of BSE Sensex by investing in the index stocks, subject to tracking errors.
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.
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 | 0.25% for redemption Within 7 days |
Basic Details
| Fund House | LIC Mutual Fund |
| Launch Date | 02-Jan-13 |
| Return Since Launch | 12.40% |
| Benchmark | S&P BSE Sensex TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 73 Cr |
| (As on 30-Sep-2023) | |
| Expense | 0.38% |
| (As on 31-Aug-2023) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 32.00% |
LIC MF S&P BSE Sensex Index Plan Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF S&P BSE Sensex Index Dir | 9.38 | 0.55 | 0.17 | 0.56 | 11.14 | 14.55 | 19.46 | 14.72 | 13.56 | 13.18 |
| S&P BSE 100 TRI | 10.54 | 0.54 | 0.04 | 1.63 | 13.95 | 14.62 | 21.20 | 15.32 | 13.67 | 14.59 |
| Equity: Large Cap | 11.24 | 0.60 | 0.07 | 2.42 | 15.60 | 14.37 | 20.87 | 14.80 | 12.83 | 14.62 |
| Rank within category | 57 | 58 | 51 | 97 | 95 | 44 | 44 | 28 | 13 | 41 |
| Number of funds in category | 95 | 99 | 99 | 98 | 95 | 93 | 62 | 51 | 45 | 45 |
LIC MF S&P BSE Sensex Index Plan 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 S&P BSE Sensex Index Dir | 3 star | 14.55 | 19.46 | 14.72 | 0.38 | 73 | 12.40 | 0.25 (7) | 10Y 9M | 32.00 |
| ICICI Pru Bluechip Dir | 5 star | 19.18 | 24.19 | 16.10 | 1.02 | 41,833 | 15.23 | 1.00 (365) | 10Y 9M | 25.00 |
| SBI Bluechip Dir | 4 star | 17.27 | 23.04 | 16.50 | 0.88 | 38,881 | 15.38 | 1.00 (365) | 10Y 9M | 20.00 |
| Mirae Asset Large Cap Dir | 4 star | 13.75 | 19.77 | 15.48 | 0.54 | 35,349 | 16.48 | 1.00 (365) | 10Y 9M | 23.00 |
| HDFC Top 100 Dir | 4 star | 21.69 | 26.62 | 15.29 | 1.11 | 25,423 | 13.86 | 1.00 (365) | 10Y 9M | 15.50 |
Portfolio Analysis of LIC MF S&P BSE Sensex Index Plan
| No. of Stocks | 30 |
| Top 10 Stocks | 67.07% |
| Top 5 Stocks | 47.07% |
| Top 3 Sectors | 68.37% |
| Portfolio P/B Ratio | 3.73 |
| Portfolio P/E Ratio | 23.97 |
Portfolio Analysis
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 5,64,236 | 3,00,051 |
| Giant (%) | 97.74 | 67.01 |
| Large (%) | 2.26 | 28.44 |
| Mid (%) | — | 5.36 |
| Small (%) | — | 1.65 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For LIC MF S&P BSE Sensex Index Plan
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
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