LIC MF Equity Savings Fund Regular Growth
HybridEquity SavingsModerately High risk
Regular
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹19 Cr
Expense Ratio
2.00%
ISIN
INF397L01315
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
07 Mar 2011
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹26.26, Assets Under Management (AUM) of 19.38 Crores, and an expense ratio of 2%.
- LIC MF Equity Savings Fund Regular Growth has given a CAGR return of 7.41% since inception.
- The fund's asset allocation comprises around 40.21% in equities, 0.18% in debts, and 59.58% in cash & cash equivalents.
- You can start investing in LIC MF Equity Savings Fund Regular 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
+14.94%
+16.07% (Cat Avg.)
3 Years
+8.24%
+9.53% (Cat Avg.)
5 Years
+9.86%
+10.96% (Cat Avg.)
10 Years
+7.21%
+8.61% (Cat Avg.)
Since Inception
+7.41%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹7.79 Cr | 40.21% |
| Debt | ₹0.03 Cr | 0.18% |
| Others | ₹11.55 Cr | 59.61% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹6.73 Cr | 34.73% |
| Treps | Cash - Repurchase Agreement | ₹2.74 Cr | 14.13% |
| LIC MF Liquid Dir Gr | Mutual Fund - Open End | ₹2.14 Cr | 11.06% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-0.93 Cr | 4.77% |
| Tata Consultancy Services Ltd | Equity | ₹0.92 Cr | 4.75% |
| Future on Tata Steel Ltd. | Equity - Future | ₹-0.82 Cr | 4.25% |
| Tata Steel Ltd | Equity | ₹0.82 Cr | 4.22% |
| Future on Bank of Baroda | Equity - Future | ₹-0.75 Cr | 3.85% |
| Bank of Baroda | Equity | ₹0.74 Cr | 3.83% |
| Future on Infosys Ltd | Equity - Future | ₹-0.68 Cr | 3.49% |
| Infosys Ltd | Equity | ₹0.67 Cr | 3.47% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-0.65 Cr | 3.36% |
| Hindustan Unilever Ltd | Equity | ₹0.65 Cr | 3.35% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-0.6 Cr | 3.07% |
| UltraTech Cement Ltd | Equity | ₹0.59 Cr | 3.07% |
| Future on Ashok Leyland Ltd | Equity - Future | ₹-0.52 Cr | 2.66% |
| Ashok Leyland Ltd | Equity | ₹0.51 Cr | 2.65% |
| JTL Industries Ltd | Equity | ₹0.5 Cr | 2.59% |
| HDFC Bank Ltd | Equity | ₹0.49 Cr | 2.51% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-0.44 Cr | 2.27% |
| National Aluminium Co Ltd | Equity | ₹0.44 Cr | 2.25% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-0.41 Cr | 2.11% |
| Mahindra & Mahindra Ltd | Equity | ₹0.41 Cr | 2.10% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-0.36 Cr | 1.87% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹0.36 Cr | 1.86% |
| ICICI Bank Ltd | Equity | ₹0.31 Cr | 1.62% |
| Larsen & Toubro Ltd | Equity | ₹0.3 Cr | 1.57% |
| Tata Power Co Ltd | Equity | ₹0.3 Cr | 1.56% |
| Future on Axis Bank Ltd | Equity - Future | ₹-0.29 Cr | 1.51% |
| Axis Bank Ltd | Equity | ₹0.29 Cr | 1.50% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-0.29 Cr | 1.50% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.29 Cr | 1.49% |
| State Bank of India | Equity | ₹0.29 Cr | 1.49% |
| Reliance Industries Ltd | Equity | ₹0.29 Cr | 1.48% |
| ITC Ltd | Equity | ₹0.27 Cr | 1.41% |
| Bharat Bijlee Ltd | Equity | ₹0.24 Cr | 1.23% |
| TARC Ltd Ordinary Shares | Equity | ₹0.23 Cr | 1.20% |
| CCL Products (India) Ltd | Equity | ₹0.22 Cr | 1.11% |
| NCC Ltd | Equity | ₹0.22 Cr | 1.11% |
| Central Depository Services (India) Ltd | Equity | ₹0.2 Cr | 1.04% |
| Titagarh Rail Systems Ltd | Equity | ₹0.2 Cr | 1.04% |
| Texmaco Rail & Engineering Ltd | Equity | ₹0.2 Cr | 1.03% |
| Multi Commodity Exchange of India Ltd | Equity | ₹0.2 Cr | 1.02% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹0.2 Cr | 1.02% |
| TD Power Systems Ltd | Equity | ₹0.2 Cr | 1.02% |
| Maruti Suzuki India Ltd | Equity | ₹0.2 Cr | 1.02% |
| Piramal Pharma Ltd | Equity | ₹0.19 Cr | 0.99% |
| DEE Development Engineers Ltd | Equity | ₹0.19 Cr | 0.98% |
| APL Apollo Tubes Ltd | Equity | ₹0.16 Cr | 0.84% |
| Grasim Industries Ltd | Equity | ₹0.15 Cr | 0.80% |
| Zomato Ltd | Equity | ₹0.15 Cr | 0.78% |
| IIFL Finance Ltd | Equity | ₹0.15 Cr | 0.78% |
| Tata Consumer Products Ltd | Equity | ₹0.15 Cr | 0.78% |
| Somany Ceramics Ltd | Equity | ₹0.15 Cr | 0.76% |
| Ceat Ltd | Equity | ₹0.14 Cr | 0.74% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹0.14 Cr | 0.73% |
| Tech Mahindra Ltd | Equity | ₹0.14 Cr | 0.70% |
| Sonata Software Ltd | Equity | ₹0.13 Cr | 0.68% |
| Varun Beverages Ltd | Equity | ₹0.11 Cr | 0.57% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹0.11 Cr | 0.56% |
| 3M India Ltd | Equity | ₹0.11 Cr | 0.55% |
| Bharat Electronics Ltd | Equity | ₹0.11 Cr | 0.54% |
| BSE Ltd | Equity | ₹0.1 Cr | 0.53% |
| Artemis Medicare Services Ltd Ordinary Shares | Equity | ₹0.1 Cr | 0.53% |
| Timken India Ltd | Equity | ₹0.1 Cr | 0.51% |
| Alkem Laboratories Ltd | Equity | ₹0.1 Cr | 0.50% |
| L&T Finance Ltd | Equity | ₹0.08 Cr | 0.41% |
| Net Receivables / (Payables) | Cash | ₹-0.06 Cr | 0.31% |
| Ntpc Limited | Bond - Corporate Bond | ₹0.03 Cr | 0.18% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50) | Equity | ₹0.01 Cr | 0.04% |
| Tata Consumer Prod | Equity | ₹0 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
54.96%
Mid Cap Stocks
3.64%
Small Cap Stocks
8.43%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹3.29 Cr | 16.96% |
| Industrials | ₹2.82 Cr | 14.56% |
| Basic Materials | ₹2.68 Cr | 13.81% |
| Technology | ₹1.86 Cr | 9.60% |
| Consumer Defensive | ₹1.4 Cr | 7.21% |
| Consumer Cyclical | ₹0.9 Cr | 4.65% |
| Healthcare | ₹0.75 Cr | 3.89% |
| Utilities | ₹0.3 Cr | 1.56% |
| Energy | ₹0.29 Cr | 1.48% |
| Real Estate | ₹0.23 Cr | 1.20% |
Risk & Performance Ratios
Standard Deviation
This fund
5.46%
Cat. avg.
4.43%
Lower the better
Sharpe Ratio
This fund
0.46
Cat. avg.
0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.59
Higher the better
Fund Managers
Sumit Bhatnagar
Since October 2023
Pratik Shroff
Since September 2023
Additional Scheme Detailsas of 31st July 2024
ISIN | INF397L01315 | Expense Ratio | 2.00% | Exit Load | 1.00% | Fund Size | ₹19 Cr | Age | 07 Mar 2011 | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | ₹6540.74 Cr | 22.0% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.8% | 1.0% | ₹6540.74 Cr | 20.7% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹450.33 Cr | 17.5% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹450.33 Cr | 18.6% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderate Risk | 2.5% | 1.0% | ₹610.16 Cr | 17.0% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderate Risk | 1.5% | 1.0% | ₹610.16 Cr | 18.2% |
| Tata Equity Savings Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹157.95 Cr | 16.1% |
| Bandhan Equity Savings Fund Regular Growth Low to Moderate Risk | 1.4% | 0.0% | ₹136.00 Cr | 10.3% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹94.20 Cr | 9.6% |
| Sundaram Equity Savings Fund Regular Growth Moderate Risk | 2.2% | 0.0% | ₹881.56 Cr | 18.1% |
About the AMC
LIC Mutual Fund
Total AUM
₹1,609 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% | ₹54.40 Cr | 21.1% |
| LIC MF Equity Savings Fund Direct Growth Moderately High risk | 1.0% | 1.0% | ₹19.38 Cr | 16.1% |
| LIC MF Nifty Next 50 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹95.83 Cr | 63.7% |
| LIC MF Focused 30 Equity Direct Growth Very High Risk | 1.6% | 1.0% | ₹151.43 Cr | 31.6% |
| LIC MF Long Term Value Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹123.47 Cr | 43.3% |
| LIC MF Healthcare Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹69.18 Cr | 54.4% |
| LIC MF Small Cap Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹318.40 Cr | 53.5% |
| LIC MF Midcap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹319.71 Cr | 51.3% |
| LIC MF Dividend Yield Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹330.46 Cr | 60.2% |
Risk Level
Your principal amount will be at Moderately High risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of LIC MF Equity Savings Fund Regular Growth?
What are the returns of LIC MF Equity Savings Fund Regular Growth?
What is the portfolio composition of LIC MF Equity Savings Fund Regular Growth?
Who manages the LIC MF Equity Savings Fund Regular Growth?
- Sumit Bhatnagar
- Pratik Shroff
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.