LIC MF Equity Savings Fund - Growth

NAV 26.20(1.18%)
Jan 31, 2025
LIC MF Equity Savings Fund - Growth
AUM
₹19 Cr
Expense (%)
2.35
Turnover (%)
66.00
Benchmark
NIFTY 50 Equity Savings Index
Asset Quality
Large, Green
Differs from benchmark (%)
69.91

Decision Maker

1. Right Fund

Performance
Quality

2. Right Time

Benchmark
Debt Fund
8%
Likely Future 5 Year CAGR.

3. Right Allocation

Will this Fund help diversify your portfolio?

3Yr Rolling Returns(%)

Benchmark# : NIFTY 50

Performance Summary - 10 Year X-Ray

Dec' 15Dec' 16Dec' 17Dec' 18Dec' 19Dec' 20Dec' 21Dec' 22Dec' 23Dec' 24YTD
NAV(₹)
14.3715.2315.8216.1217.2918.9620.8821.4824.0426.1926.20
AUM(Cr.)
44.7442.4219.5420.5813.7011.0312.9010.3710.8819.8119.81
Benchmark# BM# Returns(%)
-4.063.0128.653.1512.0214.9024.124.3320.038.808.06
Fund Returns(%)
4.895.983.871.907.269.6610.132.8711.928.948.99
Implied  Investor Returns(%) IR(%)
4.503.280.611.993.331.359.33-0.2814.035.945.97
Alpha(%)  (Returns over Benchmark)
8.952.97-24.78-1.25-4.76-5.24-13.99-1.46-8.110.140.93
Expense Ratio(%)
2.742.822.832.072.192.132.172.122.002.352.35

CAGR

9 Year5 Year3 Year1 Year
Benchmark# BM# Returns(%)
12.8814.2110.868.8
Fund Returns(%)
6.98.667.858.94
Implied  Investor Returns(%) IR
6.848.338.338.3
                                                                                                                                                            Benchmark# is NIFTY 50

LIC MF Equity Savings Fund Review : 03 Feb 2025

LIC MF Equity Savings Fund is a Hybrid - Equity Savings with an 20(Cr) AUM. It is Open Ended scheme launched on 07 Mar 2011. Currently, Sumit Bhatnagar and Pratik Shroff as the fund managers managing the fund. Benchmark of the scheme is NIFTY 50 Equity Savings Index.

1. How has the LIC MF Equity Savings Fund Performed in the past? 7

  • On a 3-year rolling returns basis It has not outperformed the Benchmark consistently..
  • The fund has delivered a 3, 5 and 9 year average rolling returns of 6.81%, 6.61%, and 6.61% with a standard deviation of 2.48%, 1.52%, and 0.44% respectively.
  • It has demonstrated CAGR of 7.85%, 8.66%, and 6.9% over 3, 5 and 9 years.
  • The Average 3, 5 and 9 year rolling Alpha is -5.62%, -5.2%, and -5.15%.
  • For last 5 years, Investors have earned less returns than the Fund. This may indicate that Investors in the fund were not aligned to the investing process followed by the fund.

2. How is the Quality of LIC MF Equity Savings Fund? Q

Fund's Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.
  • Portfolio Composition

    The fund is 73% in equity and hold 52 number of stocks. The Top 3 stocks are Tata Steel, Bank Of Baroda and TCS and account for 11% of its portfolio. Top 5 and 10 stocks of fund account for 18% and 30% of fund’s portfolio respectively. Top three sectors of funds are BFSI, Miscellaneous and Others accounting for 43% of the total portfolio.
  • 3. Should you SIP in LIC MF Equity Savings Fund? 7 Q

    • You should look for a fund with better more consistent performance track record.
    • Fund's returns are more likely to be different than its benchmark NIFTY 50 returns, as Fund’s portfolio is significantly different.
    • You need to look at the other funds in your portfolio and ensure this fund helps diversify your portfolio meaningfully.
    • Before investing a large lumpsum amount in a fund you need to assess its Upside Potential. You can contact us for advice.

    4. What are the Risks in the LIC MF Equity Savings Fund?

    • LIC MF Equity Savings Fund is likely to fall lesser than the market. It is likely to do well in a falling market but not in a rising market.
    • The Fund has fallen harder, but not recovered faster than its Benchmark.

    Underlying Asset Quality & Valuation

    Underlying Asset Quality Valuation(%)
    Underlying Asset Valuation (%)

    Peer Comparison on returns

    Upside and Downside Capture Ratio

    1 Year3 Year5 Year9 Year
    Upside %
    49474439
    Downside %
    118784430

    Statistical Measure*

    Mean Std Dev Sharpe Sortino Beta Alpha
    Fund
    0.03%0.090.110.220.720.93%
    Benchmark#
    0.04%0.490.040.060.72-
    *Based on daily returns for past 1 year.

    Mean and Standard Deviation

    Average Rolling Return Standard Deviation
    1 Year 3 Year5 Year9 Year1 Year3 Year5 Year9 Year
    Fund
    7.436.816.616.616.132.481.520.44
    Benchmark#
    14.2312.4311.8211.7616.974.893.301.83
    Drawdown and Recovery Period

    No Data Found

    Top 10 Holdings

    Company (Q)Sector% Assets
    Miscellaneous15.66
    11.14
    IT4.34
    BFSI3.55
    Metals & Mining3.45
    IT3.42
    Agriculture2.95
    Construction & Infrastructure2.88
    FMCG2.82
    Metals & Mining2.4

    Fund Overview LIC MF Equity Savings Fund - Growth

    Launch Date
    07 Mar 2011
    Benchmark
    NIFTY 50 Equity Savings Index
    Performance comparison Benchmark#
    NIFTY 50
    Riskometer
    Moderately High
    Turnover
    66%
    Type
    Open ended scheme
    Return Since Launch
    7.09%
    Min. Investment
    5000.00
    Min. Additional investment Min. Add. inv.
    500.00
    Min. SIP
    200.00
    Min. Cheques
    30
    Min. Withdrawal
    500.00
    Exit Load
    0.00%
    Remark
    Nil upto 12% of units and 1% for remaining units on or before 3M, Nil after 3M
    PortfolioCompare

    FAQ : LIC MF Equity Savings Fund - Growth

    LIC MF Equity Savings Fund - Growth has delivered CAGR and average rolling returns as follows :

    1 Year 3 Year 5 Year 9 Year
    CAGR(%) 8.94 7.85 8.66 6.9
    Average Rolling Returns(%) 7.43 6.81 6.61 6.61

    The Current NAV of LIC MF Equity Savings Fund - Growth is ₹26.20.

    You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.

    LIC MF Equity Savings Fund - Growth fund’s expense ratio is 2.35%

    The process for redemption is

    • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
    • You will get information about the redemption and the NAV at which redeemed.
    • The amount will be deposited in the designated bank account.

    The AUM of LIC MF Equity Savings Fund - Growth is currently ₹20 Crores.

    The Top three stocks are TCS, Bank Of Baroda and Tata Steel and account for 11% of its portfolio. Top 5 and 10 stocks of fund account for 18% and 30% of fund’s portfolio respectively.

    Top three sectors of LIC MF Equity Savings Fund - Growth fund are BFSI, Miscellaneous and Others accounting for 43% of the total portfolio.

    Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Hybrid - Equity Savings it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

    The category of LIC MF Equity Savings Fund - Growth Fund is Hybrid - Equity Savings.

    Sumit Bhatnagar and Pratik Shroff manage the LIC MF Equity Savings Fund - Growth Fund.

    LIC MF Equity Savings Fund - Growth current PE ratio is 37.04 and PB ratio is 5.90

    The asset allocation of LIC MF Equity Savings Fund - Growth is Stocks : 72.79%, Debt : 16.09% and Gold : 11.14%

    The minimum SIP amount for LIC MF Equity Savings Fund - Growth is ₹200.00 and minimum lumpsum is ₹5000.00

    The exit load for LIC MF Equity Savings Fund - Growth is Nil upto 12% of units and 1% for remaining units on or before 3 months, Nil after 3 months

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