SIP in LIC MF Mid Cap Fund : When you invest somewhere, you must be thinking about where your money will double or triple quickly. If those who want a safer investment option than the stock market get triple returns in 5 years, then this deal will be considered very good. There are some mutual fund schemes in the market which have given such good returns to investors. One of these schemes of LIC Mutual Fund is LIC MF Midcap Fund. This fund tripled investors’ money in 5 years. Those doing SIP have also got returns at the rate of 28 percent per annum.
LIC MF Midcap Fund was launched on January 25, 2017. The AUM of this fund is Rs 319.49 crore as of November 30, 2024. Whereas the benchmark is Nifty Midcap 150 TRI. The expense ratio for the regular plan is 2.52 percent, while the expense ratio for the direct plan is 1.55 percent. The standard deviation is 15.82 percent.
Double Return: 5 schemes of SBI Mutual Fund to double the money in 3 years, 28 to 39% annual return in SIP
LIC MF Midcap Fund : Investment Strategy
The investment strategy of this scheme mainly involves creating a well-diversified portfolio of midcap companies. The investment team adopts a combination of top-down and bottom-up approaches to portfolio construction. The investment philosophy focuses on growth at reasonable prices by evaluating companies on fundamental parameters such as competitive position, earnings growth, management quality, promoter track record, future plans, valuation, corporate governance, sustainable cash flows.
Return King: This fund became the return king of 5 years, 1 lakh became 4.5 lakh, money increased at the rate of 44% annually on SIP
Lump sum investment: triple money in 5 years
LIC Mutual Fund Midcap Fund has given an annual return of 24.96 percent on lump sum investment in 5 years. If someone had invested Rs 1 lakh in this fund 5 years ago, his money would have now increased to Rs 3.05 lakh.
Return on lump sum investment in 5 years: 24.96% per annum
Total investment: Rs 1 lakh
Value of investment in 5 years: Rs 3,04,687.81 (Rs 3.05 lakh)
Total return on investment: Rs 2,04,687.81 (Rs 2.05 lakh)
NPS Active Choice: Active Choice in NPS will give more benefits, it will be easy to arrange pension of Rs 1 lakh
SIP performance of the fund
LIC Mutual Fund Midcap Fund has given 27.61% annual return to SIP investors in 5 years. In this, those who invested Rs 10 thousand every month for 5 years got around Rs 12 lakh.
SIP return in 5 years: 27.61% per annum
Monthly SIP amount: Rs 10,000
Total investment in 5 years: Rs 6,00,000
SIP value after 5 years: Rs 11,84,762
LIC MF Midcap Fund : Fund Manager
As per fact sheet of LIC Mutual Fund Midcap Fund
Karan Doshi
Experience: 10.7+ years
Dixit Mittal
Experience: 18+ years
LIC MF Midcap Fund: Allocation of funds
In largecap stocks: 12.77%
In midcap stocks: 65.31%
In small cap stocks: 19.93%
In total equity: 98.01%
In Debt, Money Market, InvITs and REITs: 2%
Power of SIP: Despite weak rating, this scheme increased the money 284 times, corpus of Rs 2 crore created from SIP of Rs 1,000
Who should invest?
Investors who want to invest in companies in the midcap space that have the potential to turn into market leaders in the future. Investors who have a relatively high risk appetite and the patience to tolerate short-term volatility. Investors who want to invest in different sectors with an investment target of 5 years or more.
Portfolio: Top Holdings
Shakti Pumps (India) : 4.73%
Trent Ltd. : 4.31%
UNO Minda: 3.48%
The Federal Bank: 2.86%
Bharat Electronics : 2.44%
The Indian Hotels: 2.42%
Alkem Laboratories: 2.29%
PN Gadgil Jewelers : 2.22%
Voltas Ltd. : 2.21%
Info Edge (India) : 2.12%
SRF Ltd. : 2.00%
Portfolio: Top Sectors
Auto Components : 13.79%
Industrial Products: 12.80%
Retail : 9.05%
Finance: 6.93%
Consumer Durables: 5.59%
It – Software : 4.67%
Textiles & Apparels : 4.07%
Fertilizers & Agrochemicals : 3.49%
Leisure Services : 3.47%
Banks: 2.86%
Realty: 2.82%
(Note: There is no guarantee whether the past returns in any equity fund will continue or not. It may or may not continue in the future. There is risk in the market, so seek expert advice before investing.)
