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LIC MF Dividend Yield Fund Direct Growth

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Overview

LIC MF Dividend Yield Fund Direct Growth

LIC Mutual Fund

The scheme seeks to provide long term capital appreciation and dividend distribution by investing predominantly in dividend yielding equity and equity related instruments.

Investments in LIC MF Dividend Yield Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.

Latest NAV

₹ 31.2769

Fund Size (AUM)

₹490.38 Cr

Risk

Very High (Risk rating: 6/10)

Minimum Investment

Lumpsum: ₹ 5000

SIP: ₹200

Launch Date

21-Dec-2018

Expense Ratio

0.69%

Exit Load

Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.

Benchmark

NIFTY 500 Total Return Index

Standard Deviation

16.27

History

Performance & Ratios

1-Year SIP Return

-16.51%

3-Year SIP Return

18.17%

5-Year SIP Return

19.81%

Mean Return

N/A

Alpha

4.73

Beta

1.05

Sharpe Ratio

0.8

Sortino Ratio

1.34

Information Ratio

1.08

Returns
1Y 3Y 5Y All Time
Fund Returns 15.3% 20.09% 27.0% N/A
Category Average 8.75% 17.37% 27.11% N/A
Rank Within Category 1 2 4 N/A

Holdings (63)

Company Sector Instrument Assets
HDFC Bank Ltd. Financial Equity 5.04%
Kotak Mahindra Bank Ltd. Financial Equity 4.29%
Garware Hi-Tech Films Ltd. Chemicals Equity 3.26%
ICICI Bank Ltd. Financial Equity 2.97%
Tata Consultancy Services Ltd. Technology Equity 2.68%
Power Finance Corporation Ltd. Financial Equity 2.38%
Grasim Industries Ltd. Construction Equity 2.38%
SRF Ltd. Diversified Equity 2.18%
Godfrey Phillips India Ltd. Consumer Staples Equity 2.16%
Bharat Electronics Ltd. Capital Goods Equity 2.12%

Holdings Analysis

Peer Comparison

SIP, STP & SWP Details

Systematic Investment Plan (SIP):

Frequency: Monthly

Min Amount: ₹ 200

Multiplier: 1

Systematic Transfer Plan (STP):

Frequency: MONTHLY

Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28

Min Amount: ₹ 500

Min Installments: 12

Systematic Withdrawal Plan (SWP):

Frequency: MONTHLY

Dates: 25

Min Amount: ₹ 1000

Min Installments: 6

AMC Details

Asset Management Company

LIC Mutual Fund

LIC Mutual Fund started their mutual fund on 20/04/1994 and its managing total assets of ₹22,871 Cr. Its ranked at 17 as per total assets at end of 30th Sep 2017. LIC Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.

Established in 20th April 1989, it is an associate company of one of India's most reputed brands LIC. LIC Mutual funds aim to create financial discipline and corporate governance and is chosen by many investors, due to it being a pioneering brand.

The motto of LIC is to create value for its investors by adopting an investing strategy that is innovative, yet stable for a dynamic environment, such as ours. It targets to cater to all segments of the society and creating an investment experience which is unparalleled.

It offers a large variety of funds, starting from equity, debt, hybrid, solution oriented and index funds. Investors of different risk appetites and investment duration can build a strong portfolio through LIC mutual funds.

Launch Date

1994-04-20T00:00:00.146Z

Total AUM

₹ 33763.05 Cr

Address

Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020

Phone

022-66016177 / 022-66016178

Website

http://www.licmf.com

Sub Type

Contra

Sub Type Info

Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.

Tax Impact

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Stamp Duty

0.005% (from July 1st, 2020)

Fund Manager Details

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Frequently Asked Questions

How is the overall rating calculated?

The overall rating for LIC MF Dividend Yield Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.

What are the top stocks of LIC MF Dividend Yield Fund Direct Growth?

The top stocks held by LIC MF Dividend Yield Fund Direct Growth include HDFC Bank Ltd., Kotak Mahindra Bank Ltd., Garware Hi-Tech Films Ltd..

Which industries does LIC MF Dividend Yield Fund Direct Growth invest in?

LIC MF Dividend Yield Fund Direct Growth primarily invests in the following industries: Financial, Chemicals, Technology.

Who are the fund managers of LIC MF Dividend Yield Fund Direct Growth?

The fund managers of LIC MF Dividend Yield Fund Direct Growth are Karan Doshi and Dikshit Mittal.

How many years has the fund manager been managing LIC MF Dividend Yield Fund Direct Growth?

Karan Doshi: Calculating...
Dikshit Mittal: Calculating...

What is the minimum investment for LIC MF Dividend Yield Fund Direct Growth?

The minimum investment for LIC MF Dividend Yield Fund Direct Growth is ₹5000 for lumpsum investments and ₹200 for SIPs.

What are the average 1-year returns for LIC MF Dividend Yield Fund Direct Growth?

Calculating...

What are the average 3-year returns for LIC MF Dividend Yield Fund Direct Growth?

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What is the expense ratio of LIC MF Dividend Yield Fund Direct Growth, and how does it compare to its category?

The expense ratio of LIC MF Dividend Yield Fund Direct Growth is 0.69%. No category comparison data is available.