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LIC MF Large & Mid Cap Direct Dividend Reinvestment

Equity

  

Large & Mid Cap Fund

NAV

10.883 -0.2829

as on (02 Apr, 2020)

RETURNS

-2.34 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

0.62 %

Benchmark

IISL Nifty LargeMidcap 250 Index

Asset Size

656.93 Cr.

(As of 30 Apr, 2019)

Risk

Moderately High

Objective

To generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of large cap and midcap companies.

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Fund manager

Sachin Relekar

(since 25 Feb, 2015)

Exit load

1 %

(If redeemed within 360 days)

Minimum sip

₹ 1000

minimum investment

₹ 5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Bajaj Finance Ltd

5.96 %

HDFC Bank Ltd

4.81 %

City Union Bank Ltd

4.58 %

ICICI Bank Ltd

4.14 %

Sector Allocation

About the Scheme Type

Large & Mid Cap Fund

Mid cap funds invest only in mid cap companies – those with a market capitalization of INR 500 – INR 10000 Crores. Mid cap funds can be highly volatile and risky; hence, isn’t recommended for first-time investors as well as investors with low risk appetite. The ideal investment horizon for mid cap funds is 5 -7 years and does offer higher returns than both multi cap and large cap funds. However, the flip side to it is that during economic turmoil and crises, mid cap funds can fall down excessively. So, be careful while picking Mid cap funds.

Ratings

This fund is rated 4 stars by Morning Star Ratings.

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Overview of LIC Mutual Fund Asset Mgmt Co Ltd

LIC Mutual Fund was established on 20th April 1989 by LIC of India. A name synonymous with trust in the financial system of our country, LIC of India has delivered hope to millions of lives every day for the past 59 years. The company today, is the largest life insurer in the world and has insured more than 250 million lives. Being an associate company of India's premier and most trusted brand, LIC Mutual Fund is one of the well-known players in the asset management sphere. With a systematic investment discipline coupled with a high standard of financial ethics and corporate governance, LIC Mutual Fund is emerging as a preferred Investment Manager amongst the investor fraternity.  LIC Mutual Fund endeavours to create value for its investors by adopting innovative and robust investment strategies, catering to all segments of investors. We, at LIC Mutual Fund, believes in providing delight to its customers and partners by way of superior investment experience and unparalleled service thereby truly bring them Khushiyaan, Zindagi ki.

Vision of LIC Mutual Fund - "To be a trusted partner in wealth creation and a mutual fund of choice"

Mission of LIC Mutual Fund - "Within the realms of good corporate governance, financial ethics, consistent fund performance, imparting knowledge and creating awareness to empower investors achieve financial goals"