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LIC MF Equity Savings Fund Direct Growth
HybridEquity SavingsModerately High risk
Direct
NAV (21-Nov-24)
₹28.71-0.42%1D
Returns (Since Inception)
7.95%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹20 Cr
Expense Ratio
1.03%
ISIN
INF397L01AZ5
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
LIC MF Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹28.71, Assets Under Management (AUM) of 20.26 Crores, and an expense ratio of 1.03%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹28.71, Assets Under Management (AUM) of 20.26 Crores, and an expense ratio of 1.03%.
- LIC MF Equity Savings Fund Direct Growth has given a CAGR return of 7.95% since inception.
- The fund's asset allocation comprises around 39.12% in equities, 0.18% in debts, and 60.67% in cash & cash equivalents.
- You can start investing in LIC MF Equity Savings Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+12.57%
+13.33% (Cat Avg.)
3 Years
+7.79%
+8.50% (Cat Avg.)
5 Years
+9.45%
+9.89% (Cat Avg.)
10 Years
+7.70%
+8.47% (Cat Avg.)
Since Inception
+7.95%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹7.93 Cr | 39.12% |
| Debt | ₹0.04 Cr | 0.18% |
| Others | ₹12.3 Cr | 60.70% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹6.39 Cr | 31.54% |
| Treps | Cash - Repurchase Agreement | ₹3.69 Cr | 18.20% |
| LIC MF Liquid Dir Gr | Mutual Fund - Open End | ₹2.18 Cr | 10.76% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-0.84 Cr | 4.14% |
| Tata Consultancy Services Ltd | Equity | ₹0.83 Cr | 4.11% |
| Future on Tata Steel Ltd. | Equity - Future | ₹-0.74 Cr | 3.65% |
| Future on Bank of Baroda | Equity - Future | ₹-0.74 Cr | 3.64% |
| Tata Steel Ltd | Equity | ₹0.74 Cr | 3.63% |
| Bank of Baroda | Equity | ₹0.73 Cr | 3.62% |
| Future on Infosys Ltd | Equity - Future | ₹-0.64 Cr | 3.14% |
| Infosys Ltd | Equity | ₹0.63 Cr | 3.12% |
| Hindustan Unilever Ltd | Equity | ₹0.61 Cr | 2.99% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-0.6 Cr | 2.98% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-0.56 Cr | 2.75% |
| UltraTech Cement Ltd | Equity | ₹0.55 Cr | 2.73% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-0.51 Cr | 2.53% |
| National Aluminium Co Ltd | Equity | ₹0.51 Cr | 2.52% |
| HDFC Bank Ltd | Equity | ₹0.47 Cr | 2.31% |
| Future on Ashok Leyland Ltd | Equity - Future | ₹-0.42 Cr | 2.06% |
| Ashok Leyland Ltd | Equity | ₹0.42 Cr | 2.05% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-0.39 Cr | 1.93% |
| ICICI Bank Ltd | Equity | ₹0.39 Cr | 1.92% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹0.39 Cr | 1.92% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-0.39 Cr | 1.90% |
| Mahindra & Mahindra Ltd | Equity | ₹0.38 Cr | 1.89% |
| JTL Industries Ltd | Equity | ₹0.36 Cr | 1.76% |
| Tata Power Co Ltd | Equity | ₹0.35 Cr | 1.71% |
| Larsen & Toubro Ltd | Equity | ₹0.33 Cr | 1.63% |
| State Bank of India | Equity | ₹0.33 Cr | 1.62% |
| Future on Axis Bank Ltd | Equity - Future | ₹-0.29 Cr | 1.44% |
| Axis Bank Ltd | Equity | ₹0.29 Cr | 1.43% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-0.28 Cr | 1.38% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.28 Cr | 1.37% |
| NCC Ltd | Equity | ₹0.25 Cr | 1.25% |
| Titagarh Rail Systems Ltd | Equity | ₹0.25 Cr | 1.25% |
| Reliance Industries Ltd | Equity | ₹0.25 Cr | 1.25% |
| Piramal Pharma Ltd | Equity | ₹0.23 Cr | 1.15% |
| TD Power Systems Ltd | Equity | ₹0.22 Cr | 1.10% |
| Shakti Pumps (India) Ltd | Equity | ₹0.22 Cr | 1.09% |
| DEE Development Engineers Ltd | Equity | ₹0.21 Cr | 1.04% |
| Power Finance Corp Ltd | Equity | ₹0.21 Cr | 1.02% |
| Page Industries Ltd | Equity | ₹0.2 Cr | 1.00% |
| REC Ltd | Equity | ₹0.2 Cr | 0.98% |
| Bharat Bijlee Ltd | Equity | ₹0.2 Cr | 0.97% |
| IIFL Finance Ltd | Equity | ₹0.19 Cr | 0.93% |
| Gujarat Gas Ltd | Equity | ₹0.19 Cr | 0.92% |
| Tata Consumer Products Ltd | Equity | ₹0.18 Cr | 0.87% |
| JNK India Ltd | Equity | ₹0.17 Cr | 0.84% |
| Somany Ceramics Ltd | Equity | ₹0.17 Cr | 0.83% |
| Maruti Suzuki India Ltd | Equity | ₹0.17 Cr | 0.83% |
| Texmaco Rail & Engineering Ltd | Equity | ₹0.16 Cr | 0.81% |
| Senco Gold Ltd | Equity | ₹0.16 Cr | 0.81% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹0.16 Cr | 0.80% |
| Grasim Industries Ltd | Equity | ₹0.15 Cr | 0.74% |
| Sonata Software Ltd | Equity | ₹0.15 Cr | 0.72% |
| Bharat Forge Ltd | Equity | ₹0.14 Cr | 0.71% |
| Timken India Ltd | Equity | ₹0.14 Cr | 0.67% |
| CCL Products (India) Ltd | Equity | ₹0.13 Cr | 0.65% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹0.11 Cr | 0.55% |
| Bharat Electronics Ltd | Equity | ₹0.11 Cr | 0.55% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹0.11 Cr | 0.54% |
| Allied Blenders and Distillers Ltd | Equity | ₹0.11 Cr | 0.53% |
| Alkem Laboratories Ltd | Equity | ₹0.11 Cr | 0.52% |
| VRL Logistics Ltd | Equity | ₹0.1 Cr | 0.51% |
| Radico Khaitan Ltd | Equity | ₹0.1 Cr | 0.51% |
| TARC Ltd Ordinary Shares | Equity | ₹0.1 Cr | 0.50% |
| APL Apollo Tubes Ltd | Equity | ₹0.07 Cr | 0.32% |
| Zomato Ltd | Equity | ₹0.06 Cr | 0.29% |
| Varun Beverages Ltd | Equity | ₹0.06 Cr | 0.27% |
| Net Receivables / (Payables) | Cash | ₹0.04 Cr | 0.20% |
| Ntpc Limited | Bond - Corporate Bond | ₹0.04 Cr | 0.18% |
Allocation By Market Cap (Equity)
Large Cap Stocks
53.97%
Mid Cap Stocks
6.95%
Small Cap Stocks
6.10%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹3.24 Cr | 16.00% |
| Industrials | ₹3.07 Cr | 15.14% |
| Basic Materials | ₹2.37 Cr | 11.71% |
| Technology | ₹1.61 Cr | 7.96% |
| Consumer Defensive | ₹1.18 Cr | 5.83% |
| Consumer Cyclical | ₹1.12 Cr | 5.52% |
| Healthcare | ₹0.84 Cr | 4.14% |
| Utilities | ₹0.53 Cr | 2.63% |
| Energy | ₹0.25 Cr | 1.25% |
| Real Estate | ₹0.1 Cr | 0.50% |
Risk & Performance Ratios
Standard Deviation
This fund
5.58%
Cat. avg.
4.58%
Lower the better
Sharpe Ratio
This fund
0.45
Cat. avg.
0.61
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.09
Higher the better
Fund Managers
SB
Sumit Bhatnagar
Since October 2023
PS
Pratik Shroff
Since September 2023
Additional Scheme Detailsas of 31st October 2024
ISIN INF397L01AZ5 | Expense Ratio 1.03% | Exit Load 1.00% | Fund Size ₹20 Cr | Age 11 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Equity Savings TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity Savings Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth Moderate Risk | 0.7% | 1.0% | ₹7804.46 Cr | 15.9% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.8% | 1.0% | ₹7804.46 Cr | 14.6% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹539.22 Cr | 13.7% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹539.22 Cr | 14.8% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderately High risk | 2.5% | 1.0% | ₹718.42 Cr | 13.7% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderately High risk | 1.4% | 1.0% | ₹718.42 Cr | 14.9% |
| Tata Equity Savings Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹215.99 Cr | 14.4% |
| Bandhan Equity Savings Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹194.14 Cr | 9.5% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹89.52 Cr | 8.8% |
| Sundaram Equity Savings Fund Regular Growth Moderate Risk | 2.2% | 0.0% | ₹989.56 Cr | 14.6% |
About the AMC
LIC Mutual Fund
Total AUM
₹1,840 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| LIC MF Gold ETF FOF Direct Growth High Risk | 0.3% | 1.0% | ₹71.29 Cr | 24.6% |
| LIC MF Equity Savings Fund Direct Growth Moderately High risk | 1.0% | 1.0% | ₹20.26 Cr | 12.6% |
| LIC MF Nifty Next 50 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹94.37 Cr | 42.9% |
| LIC MF Focused 30 Equity Direct Growth Very High Risk | 1.6% | 1.0% | ₹142.70 Cr | 21.4% |
| LIC MF Long Term Value Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹138.11 Cr | 31.4% |
| LIC MF Healthcare Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹80.86 Cr | 44.9% |
| LIC MF Small Cap Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹385.61 Cr | 40.7% |
| LIC MF Midcap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹315.42 Cr | 34.7% |
| LIC MF Dividend Yield Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹437.39 Cr | 43.3% |
Risk Level
Your principal amount will be at Moderately High risk
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We're here to help.
What is the current NAV of LIC MF Equity Savings Fund Direct Growth?
The NAV of LIC MF Equity Savings Fund Direct Growth, as of 21-Nov-2024, is ₹28.71.
What are the returns of LIC MF Equity Savings Fund Direct Growth?
The fund has generated 12.57% over the last 1 year and 7.79% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of LIC MF Equity Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 39.12% in equities, 0.18% in bonds, and 60.67% in cash and cash equivalents.
Who manages the LIC MF Equity Savings Fund Direct Growth?
The fund managers responsible for LIC MF Equity Savings Fund Direct Growth are:-
- Sumit Bhatnagar
- Pratik Shroff
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.