Overview
LIC MF Healthcare Fund Direct Growth
LIC Mutual Fund
The Scheme seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Healthcare and Allied sectors.
Investments in LIC MF Healthcare 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
₹ 30.8772
Fund Size (AUM)
₹82.69 Cr
Risk
High (Risk rating: 5/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹200
Launch Date
28-Feb-2019
Expense Ratio
1.22%
Exit Load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
Benchmark
BSE Healthcare Total Return Index
Standard Deviation
16.51
History
Performance & Ratios
1-Year SIP Return
N/A
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-1.33
Beta
0.93
Sharpe Ratio
0.7
Sortino Ratio
1.12
Information Ratio
-0.57
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 21.7% | 16.86% | 19.4% | N/A |
| Category Average | 19.46% | 17.92% | 21.75% | N/A |
| Rank Within Category | 6 | 10 | 9 | N/A |
Holdings (27)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 10.03% |
| Piramal Pharma Ltd. | Healthcare | Equity | 5.9% |
| Torrent Pharmaceuticals Ltd. | Healthcare | Equity | 5.29% |
| Artemis Medicare Services Ltd. | Healthcare | Equity | 5.09% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | Equity | 4.59% |
| Cipla Ltd. | Healthcare | Equity | 4.26% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.93% |
| Alkem Laboratories Ltd. | Healthcare | Equity | 3.78% |
| Abbott India Ltd. | Healthcare | Equity | 3.71% |
| Syngene International Ltd. | Healthcare | Equity | 3.57% |
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
1994-04-20T00:00:00.542Z
Total AUM
₹ 33763.05 Cr
Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Website
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
Compare with Another Fund
LIC MF Healthcare Fund Direct Growth
LIC Mutual Fund
You May Be Interested In
Bandhan Nifty 100 Index Fund Direct Growth
Large Cap
Bandhan Flexi Cap Fund Direct Growth
Flexi Cap
HDFC BSE Sensex Index Fund Direct Growth
Large Cap
UTI Value Fund Direct Growth
Value Oriented
Mirae Asset Focused Fund Direct Growth
Flexi Cap
Aditya Birla Sun Life Infrastructure Direct Fund Growth
Sectoral
DSP Nifty 50 Index Fund Direct Growth
Large Cap
Bank of India Large & Mid Cap Equity Fund Direct Growth
Large & MidCap
Shriram Flexi Cap Fund Direct Growth
Flexi Cap
Axis Equity ETFs FoF Direct Growth
Flexi Cap
Explore More Mutual Funds
Debt Mutual Funds - Best Debt Fund Options
Discover top debt mutual funds for stable returns. Filter by NAV, fund size, and AMC to find the best debt funds for you.
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for LIC MF Healthcare 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 Healthcare Fund Direct Growth?
The top stocks held by LIC MF Healthcare Fund Direct Growth include Sun Pharmaceutical Industries Ltd., Piramal Pharma Ltd., Torrent Pharmaceuticals Ltd..
Which industries does LIC MF Healthcare Fund Direct Growth invest in?
LIC MF Healthcare Fund Direct Growth primarily invests in the following industries: Healthcare, Chemicals.
Who is the fund manager of LIC MF Healthcare Fund Direct Growth?
The fund manager of LIC MF Healthcare Fund Direct Growth is Karan Doshi.
How many years has the fund manager been managing LIC MF Healthcare Fund Direct Growth?
Karan Doshi: Calculating...
What is the minimum investment for LIC MF Healthcare Fund Direct Growth?
The minimum investment for LIC MF Healthcare Fund Direct Growth is ₹5000 for lumpsum investments and ₹200 for SIPs.
What are the average 1-year returns for LIC MF Healthcare Fund Direct Growth?
Calculating...
What are the average 3-year returns for LIC MF Healthcare Fund Direct Growth?
Calculating...
What is the expense ratio of LIC MF Healthcare Fund Direct Growth, and how does it compare to its category?
The expense ratio of LIC MF Healthcare Fund Direct Growth is 1.22%. No category comparison data is available.