3 Year return

0
Launched on October 2022 (2 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1051.51 Cr.

Expense Ratio

0.5% (inclusive of GST)

Exit Load

12% of the unit alloted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. 1% - on remaining units, if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil - if redeemed or switched out after completion of 12 months from the date of allotment of units.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

LIC Mutual Fund Managers

YP

Yogesh Patil

Fund Manager since Mar 2013

View Details

Fund House Details

LIC Mutual Fund

LIC Mutual Fund Asset management company

AUM ₹30,217.48 Cr.
No. of Schemes 117
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by LIC Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About LIC MF Multi Cap Fund Direct Growth

LIC MF Multi Cap Fund Direct Growth is a multi-cap fund managed by Life Insurance Corporation of India Mutual Fund. It is a multi cap investment scheme, meaning the fund is allocated across large, medium, and small-cap companies. LIC MF Multi Cap Fund Direct Growth is an open-ended fund, which means that you can buy and sell units of the fund at any time. The expense ratio of the LIC MF Multi Cap Fund Direct Growth is slightly higher than the category average. However, it is still a reasonable fee for a multi-cap fund.

Investment Objectives of the Scheme

LIC MF Multi Cap Fund Direct Growth seeks to generate long-term capital appreciation by investing in a diversified portfolio of large-cap, mid-cap, and small-cap equity shares. The fund invests at least 25% of its assets in each of the three market capitalization segments.

Key Features of The Fund

5-year return NA
Expense Ratio 0.5%
Fund Manager Yogesh Patil
Fund Size ₹1051.51 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The LIC MF Multi Cap Fund Direct Growth is suitable for investors who are looking for long-term growth with moderate risk. The fund invests in a diversified portfolio of equity shares, which helps reduce risk. However, it is important to note that this fund is still a relatively risky investment, and investors should be prepared for the possibility of losing money. You should always consult with a financial advisor before making any investment decisions. If you are not sure whether Kotak Savings Fund Growth Direct is right for you, you should consult with a financial advisor.

AMC Contact Details

Name LIC Mutual Fund
Launch Date April 1989
Addresss Industrial Assurance Bldg., 4th Floor, Opp. Churchgate Station, Mumbai - 400 020.
Contact 1800 258 5678
Email service_licmf@kfintech.com
Website https://www.licmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Fast-Track Your Short-Term Goals With SIPs

Whether it's a dream vacation, buying a gadget, or building an emergency fund, SIPs provide a systematic approach. Use Angel One's free SIP investment calculator to plan your investments wisely, ensuring you achieve your goals faster and with confidence.

FAQs

What is today's NAV of LIC MF Multi Cap Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of LIC MF Multi Cap Fund Jun 19 2024 is 16.4364

What is the AUM of LIC MF Multi Cap Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of LIC MF Multi Cap Fund is 1051.51 crore.

What is the expense ratio of LIC MF Multi Cap Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of LIC MF Multi Cap Fund is 0.5%

What are the returns of LIC MF Multi Cap Fund since inception?

The LIC MF Multi Cap Fund was launched on Oct 06 2022. The fund has delivered a CAGR of 35.66 since inception.

What is the minimum SIP amount to invest in LIC MF Multi Cap Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for LIC MF Multi Cap Fund is 1000.

How do I invest in LIC MF Multi Cap Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in LIC MF Multi Cap Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in LIC MF Multi Cap Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in LIC MF Multi Cap Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.