LIC MF Equity Savings Fund – Direct Growth

Hybrid · Equity Savings
 · ★★
₹ 1,000
Min SIP
₹ 5,000
Min Lumpsum
0.99 %
Expense Ratio
★★
Rating
16
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 20 June 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 17.4% 9.6% 10.1% 8.1%
Category Average 19.6% 13.9% 14.6% -

Scheme Allocation

By Holding
By Sector
By Asset
5.1%
TCS
4.75%
3.63%
3.12%
Others
79.96%
View all Holdings
Holdings Sector Instrument Asset
Tata Steel Steel Equity 5.1%
TCS IT - Software Equity 4.75%
ICICI Bank Banks Equity 3.63%
Hind. Unilever FMCG Equity 3.44%
Infosys IT - Software Equity 3.12%
UltraTech Cem. Cement Equity 3.05%
Ashok Leyland Automobile Equity 2.76%
HDFC Bank Banks Equity 2.68%
Natl. Aluminium Non Ferrous Metals Equity 2.65%
ITC Tobacco Products Equity 2.47%
M & M Automobile Equity 2.16%
Sun Pharma.Inds. Pharmaceuticals Equity 1.89%
Axis Bank Banks Equity 1.79%
Hindalco Inds. Non Ferrous Metals Equity 1.78%
St Bk of India Banks Equity 1.69%
Kotak Mah. Bank Banks Equity 1.66%
3M India Diversified Equity 1.58%
Reliance Industr Refineries Equity 1.52%
HCL Technologies IT - Software Equity 1.46%
Larsen & Toubro Infrastructure Developers & Operators Equity 1.35%
Texmaco Rail Capital Goods-Non Electrical Equipment Equity 1.33%
Tata Power Co. Power Generation & Distribution Equity 1.29%
CreditAcc. Gram. Finance Equity 1.24%
I R C T C Railways Equity 1.23%
Dalmia BharatLtd Cement Equity 1.2%
TD Power Systems Capital Goods - Electrical Equipment Equity 0.98%
Bharat Bijlee Capital Goods - Electrical Equipment Equity 0.97%
L&T Finance Ltd Finance Equity 0.94%
Nippon Life Ind. Finance Equity 0.92%
Varun Beverages FMCG Equity 0.86%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.8%
Grasim Inds Textiles Equity 0.79%
CCL Products Plantation & Plantation Products Equity 0.79%
APL Apollo Tubes Steel Equity 0.77%
Bharat Dynamics Aerospace & Defence Equity 0.71%
DCB Bank Banks Equity 0.68%
Tech Mahindra IT - Software Equity 0.66%
M & M Fin. Serv. Finance Equity 0.66%
KEI Industries Cables Equity 0.65%
Sonata Software IT - Software Equity 0.56%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.48%
Federal Bank Banks Equity 0.45%
Artemis Medicare Healthcare Equity 0.42%
Mankind Pharma Pharmaceuticals Equity 0.41%
O N G C Crude Oil & Natural Gas Equity 0.38%
Bharat Electron Aerospace & Defence Equity 0.32%
Grasim Inds PP Textiles Equity 0.02%
Debt
20.71%
Banks
12.58%
IT-Software
10.55%
Others
9.99%
Diversified FMCG
5.91%
Others
40.26%
View all Sectors
Sectors Asset
Debt 20.71%
Banks 12.58%
IT-Software 10.55%
Others 9.99%
Diversified FMCG 5.91%
Ferrous Metals 5.1%
Cement & Cement Products 5.06%
Non-Ferrous Metals 4.43%
Finance 2.84%
Agricultural, Commercial 2.76%
Pharmaceuticals & Biotech 2.3%
Industrial Products 2.22%
Automobiles 2.16%
Electrical Equipments 1.95%
Diversified 1.58%
Petroleum Products 1.52%
Construction 1.35%
Industrial Manufacturing 1.33%
Power 1.29%
Leisure Services 1.23%
Aerospace & Defense 1.03%
Capital Markets 0.92%
Beverages 0.86%
Agricultural Food & other 0.79%
Retailing 0.48%
Healthcare Services 0.42%
Oil 0.38%
Cash & Others -1.74%
Equity
71.04%
Reverse Repos
20.5%
Mutual Funds Units
9.99%
Corporate Debentures
0.21%
Net Curr Ass/Net Receivables
-1.74%

Advance Ratio

-0.51
Alpha
1.54
SD
0.39
Beta
0.33
Sharpe

Exit Load

Exit Load Nil - If units of the Scheme are redeemed or switched out up to 12% of the units within 3 months from the date of allotment. 1.00% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 3 months from the date of allotment. Nil, If units of scheme are redeemed or switched out after 3 months from the date of allotment.

Fund Objective

The investment objective of the Scheme is to generate regular income by investing in Debt and money market instruments and using arbitrage and other derivative strategies. The Scheme also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Managers

Alok Ranjan - Equity - Fund Manager

Mr. Alok Ranjan is the Head Equity and Fund Manager at IDBI Mutual Fund. He has about 25 years of experience in different fields of financial services. His educational qualifications include MBA (Finance) and B.Sc Physics (Honors). Before joining IDBI Mutual Fund, he worked with Shriram Asset Management Ltd.(Fund Manager), Way2wealth Securities Ltd.(Head of Research), and Advisory First Global Ltd.(Vice President Research).

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

LIC Mutual Fund
AUM:
30,217 Cr
Address:
4th Floor, Industrial Insurance Building, Opp.Churchgate Stati Mumbai 400 020.
Contact:
022-66016000
Email ID:
cs.co@licmf.com

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Frequently Asked Questions

How to invest in LIC MF Equity Savings Fund – Direct Growth ?

You can invest in LIC MF Equity Savings Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for LIC MF Equity Savings Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of LIC MF Equity Savings Fund – Direct Growth ?

The NAV of LIC MF Equity Savings Fund – Direct Growth is ₹28.4 as of 20 June 2024.

How to redeem LIC MF Equity Savings Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of LIC MF Equity Savings Fund – Direct Growth?

The minimum SIP amount of LIC MF Equity Savings Fund – Direct Growth is ₹1000

What are the top sectors LIC MF Equity Savings Fund – Direct Growth has invested in?

The top sectors LIC MF Equity Savings Fund – Direct Growth has invested in are
  1. Debt - 20.71%
  2. Banks - 12.58%
  3. IT-Software - 10.55%
  4. Others - 9.99%
  5. Diversified FMCG - 5.91%

Can I make investments in both the SIP and Lump Sum schemes of LIC MF Equity Savings Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of LIC MF Equity Savings Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have LIC MF Equity Savings Fund – Direct Growth generated ?

The LIC MF Equity Savings Fund – Direct Growth has delivered 8.1% since inception

What is the expense ratio of LIC MF Equity Savings Fund – Direct Growth ?

The expense ratio of LIC MF Equity Savings Fund – Direct Growth is 0.99 % as of 20 June 2024.

What is the AUM of LIC MF Equity Savings Fund – Direct Growth?

The AUM of LIC MF Equity Savings Fund – Direct Growth is ₹30,217 Cr as of 20 June 2024

What are the top stock holdings of LIC MF Equity Savings Fund – Direct Growth?

The top stock holdings of LIC MF Equity Savings Fund – Direct Growth are
  1. Tata Steel - 5.1%
  2. TCS - 4.75%
  3. ICICI Bank - 3.63%
  4. Hind. Unilever - 3.44%
  5. Infosys - 3.12%

How can I redeem my investments in LIC MF Equity Savings Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select LIC MF Equity Savings Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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