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Fund Overview
Fund Size
₹315 Cr
Expense Ratio
1.55%
ISIN
INF397L01JK8
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
25 Jan 2017
About this fund
LIC MF Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 7 years, 9 months and 28 days, having been launched on 25-Jan-17.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹31.48, Assets Under Management (AUM) of 315.42 Crores, and an expense ratio of 1.55%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹31.48, Assets Under Management (AUM) of 315.42 Crores, and an expense ratio of 1.55%.
- LIC MF Midcap Fund Direct Growth has given a CAGR return of 15.79% since inception.
- The fund's asset allocation comprises around 98.64% in equities, 0.00% in debts, and 1.36% in cash & cash equivalents.
- You can start investing in LIC MF Midcap 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
+34.71%
+33.57% (Cat Avg.)
3 Years
+17.37%
+19.59% (Cat Avg.)
5 Years
+23.68%
+25.70% (Cat Avg.)
Since Inception
+15.79%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹311.13 Cr | 98.64% |
| Others | ₹4.29 Cr | 1.36% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Shakti Pumps (India) Ltd | Equity | ₹14.5 Cr | 4.60% |
| Trent Ltd | Equity | ₹14.45 Cr | 4.58% |
| UNO Minda Ltd | Equity | ₹10.4 Cr | 3.30% |
| The Federal Bank Ltd | Equity | ₹8.84 Cr | 2.80% |
| Alkem Laboratories Ltd | Equity | ₹7.5 Cr | 2.38% |
| P N Gadgil Jewellers Ltd | Equity | ₹7.46 Cr | 2.36% |
| Bharat Electronics Ltd | Equity | ₹7.22 Cr | 2.29% |
| Voltas Ltd | Equity | ₹7.03 Cr | 2.23% |
| Torrent Power Ltd | Equity | ₹6.71 Cr | 2.13% |
| Indian Hotels Co Ltd | Equity | ₹6.6 Cr | 2.09% |
| SRF Ltd | Equity | ₹6.33 Cr | 2.01% |
| Info Edge (India) Ltd | Equity | ₹6.12 Cr | 1.94% |
| PI Industries Ltd | Equity | ₹6.01 Cr | 1.90% |
| Prestige Estates Projects Ltd | Equity | ₹5.79 Cr | 1.84% |
| Balkrishna Industries Ltd | Equity | ₹5.58 Cr | 1.77% |
| Schaeffler India Ltd | Equity | ₹5.56 Cr | 1.76% |
| Bharat Forge Ltd | Equity | ₹5.47 Cr | 1.73% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹5.41 Cr | 1.71% |
| Coromandel International Ltd | Equity | ₹5.32 Cr | 1.69% |
| Endurance Technologies Ltd | Equity | ₹5.2 Cr | 1.65% |
| 3M India Ltd | Equity | ₹5.18 Cr | 1.64% |
| Container Corporation of India Ltd | Equity | ₹5.12 Cr | 1.62% |
| Page Industries Ltd | Equity | ₹5.11 Cr | 1.62% |
| Treps | Cash - Repurchase Agreement | ₹5.04 Cr | 1.60% |
| Arvind Fashions Ltd | Equity | ₹5.02 Cr | 1.59% |
| Tata Communications Ltd | Equity | ₹5 Cr | 1.59% |
| Escorts Kubota Ltd | Equity | ₹4.99 Cr | 1.58% |
| APL Apollo Tubes Ltd | Equity | ₹4.93 Cr | 1.56% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹4.91 Cr | 1.56% |
| Hero MotoCorp Ltd | Equity | ₹4.89 Cr | 1.55% |
| Power Finance Corp Ltd | Equity | ₹4.75 Cr | 1.50% |
| Tata Elxsi Ltd | Equity | ₹4.66 Cr | 1.48% |
| Tata Technologies Ltd | Equity | ₹4.65 Cr | 1.47% |
| Global Health Ltd | Equity | ₹4.34 Cr | 1.38% |
| Himatsingka Seide Ltd | Equity | ₹4.06 Cr | 1.29% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹3.97 Cr | 1.26% |
| Coforge Ltd | Equity | ₹3.96 Cr | 1.25% |
| Astral Ltd | Equity | ₹3.92 Cr | 1.24% |
| Saregama India Ltd | Equity | ₹3.9 Cr | 1.24% |
| Supreme Industries Ltd | Equity | ₹3.73 Cr | 1.18% |
| Muthoot Finance Ltd | Equity | ₹3.64 Cr | 1.15% |
| Allied Blenders and Distillers Ltd | Equity | ₹3.64 Cr | 1.15% |
| Metro Brands Ltd | Equity | ₹3.58 Cr | 1.14% |
| KEI Industries Ltd | Equity | ₹3.55 Cr | 1.13% |
| Surya Roshni Ltd | Equity | ₹3.5 Cr | 1.11% |
| Sansera Engineering Ltd | Equity | ₹3.42 Cr | 1.09% |
| Honeywell Automation India Ltd | Equity | ₹3.37 Cr | 1.07% |
| Mphasis Ltd | Equity | ₹3.35 Cr | 1.06% |
| K.P.R. Mill Ltd | Equity | ₹3.25 Cr | 1.03% |
| InterGlobe Aviation Ltd | Equity | ₹3.2 Cr | 1.01% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹3.15 Cr | 1.00% |
| Oberoi Realty Ltd | Equity | ₹3.11 Cr | 0.98% |
| Jubilant Foodworks Ltd | Equity | ₹3 Cr | 0.95% |
| Zomato Ltd | Equity | ₹2.85 Cr | 0.90% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹2.83 Cr | 0.90% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹2.83 Cr | 0.90% |
| DEE Development Engineers Ltd | Equity | ₹2.76 Cr | 0.88% |
| Motherson Sumi Wiring India Ltd | Equity | ₹2.73 Cr | 0.87% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹2.71 Cr | 0.86% |
| Kirloskar Oil Engines Ltd | Equity | ₹2.7 Cr | 0.86% |
| Oil India Ltd | Equity | ₹2.52 Cr | 0.80% |
| Deepak Nitrite Ltd | Equity | ₹2.49 Cr | 0.79% |
| Sonata Software Ltd | Equity | ₹2.47 Cr | 0.78% |
| ACC Ltd | Equity | ₹2.4 Cr | 0.76% |
| JTL Industries Ltd | Equity | ₹2.31 Cr | 0.73% |
| Yuken India Ltd | Equity | ₹1.21 Cr | 0.38% |
| Net Receivables / (Payables) | Cash | ₹-0.75 Cr | 0.24% |
Allocation By Market Cap (Equity)
Large Cap Stocks
12.70%
Mid Cap Stocks
65.86%
Small Cap Stocks
16.57%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹104.03 Cr | 32.98% |
| Industrials | ₹68.48 Cr | 21.71% |
| Financial Services | ₹34.8 Cr | 11.03% |
| Basic Materials | ₹33.29 Cr | 10.55% |
| Technology | ₹21.92 Cr | 6.95% |
| Communication Services | ₹15.02 Cr | 4.76% |
| Healthcare | ₹11.84 Cr | 3.75% |
| Real Estate | ₹8.9 Cr | 2.82% |
| Utilities | ₹6.71 Cr | 2.13% |
| Consumer Defensive | ₹3.64 Cr | 1.15% |
| Energy | ₹2.52 Cr | 0.80% |
Risk & Performance Ratios
Standard Deviation
This fund
16.11%
Cat. avg.
14.96%
Lower the better
Sharpe Ratio
This fund
0.80
Cat. avg.
1.00
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.94
Higher the better
Fund Managers
Karan Doshi
Since July 2023
DM
Dikshit Mittal
Since July 2023
Additional Scheme Detailsas of 31st October 2024
ISIN INF397L01JK8 | Expense Ratio 1.55% | Exit Load 1.00% | Fund Size ₹315 Cr | Age 7 years 9 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Midcap 150 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 Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1493.79 Cr | 35.8% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1493.79 Cr | 37.9% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹20055.68 Cr | 58.4% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹16576.59 Cr | 26.2% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹16576.59 Cr | 27.6% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30008.06 Cr | 34.5% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3340.74 Cr | 38.0% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3340.74 Cr | 35.9% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4443.96 Cr | 28.1% |
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 Very High Risk
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What is the current NAV of LIC MF Midcap Fund Direct Growth?
The NAV of LIC MF Midcap Fund Direct Growth, as of 21-Nov-2024, is ₹31.48.
What are the returns of LIC MF Midcap Fund Direct Growth?
The fund has generated 34.71% over the last 1 year and 17.37% 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 Midcap Fund Direct Growth?
The fund's allocation of assets is distributed as 98.64% in equities, 0.00% in bonds, and 1.36% in cash and cash equivalents.
Who manages the LIC MF Midcap Fund Direct Growth?
The fund managers responsible for LIC MF Midcap Fund Direct Growth are:-
- Karan Doshi
- Dikshit Mittal
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.