How to Invest in LIC MF Long Term Value Fund Direct Growth?

You can easily invest in LIC MF Long Term Value Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for LIC MF Long Term Value Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in LIC MF Long Term Value Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF Long Term Value Fund Direct Growth provide?

The LIC MF Long Term Value Fund Direct Growth has been there from 20 Aug 2018 and the average annual returns provided by this fund is 20.89% since its inception.

How much expense ratio is charged by LIC MF Long Term Value Fund Direct Growth?

The term Expense Ratio used for LIC MF Long Term Value Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of LIC MF Long Term Value Fund Direct Growth is 1.60% as of 29 Sep 2023...

What is the AUM of LIC MF Long Term Value Fund Direct Growth?

The AUM, short for Assets Under Management of LIC MF Long Term Value Fund Direct Growth is ₹96.12Cr as of 29 Sep 2023.

How to Redeem LIC MF Long Term Value Fund Direct Growth?

If you want to sell your LIC MF Long Term Value Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of LIC MF Long Term Value Fund Direct Growth?

You can select either SIP or Lumpsum investment of LIC MF Long Term Value Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of LIC MF Long Term Value Fund Direct Growth?

The NAV of LIC MF Long Term Value Fund Direct Growth is ₹19.35 as of 27 Sep 2023.

What is the PE and PB ratio of LIC MF Long Term Value Fund Direct Growth?

The PE ratio ratio of LIC MF Long Term Value Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

LIC MF Long Term Value Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

LIC MF Long Term Value Fund Direct Growth
Equity
Value
Very High Risk
1M
6M
1Y
All
 NAV: 27 Sep 2023₹19.35
Min. SIP amount₹500
Rating3
Fund size₹96.12Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Value
Absolute returns
3M6M1YAll
Fund returns9.1%9.8%12.8%13.5%
Category averageNANA28.0%NA
Rank with in categoryNANA18NA
Understand terms
Holdings (38)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity8.2%
State Bank of India
FinancialEquity7.7%
ICICI Bank Ltd.
FinancialEquity6.4%
Reliance Industries Ltd.
EnergyEquity5.5%
Infosys Ltd.
TechnologyEquity5.5%
Mahindra & Mahindra Ltd.
AutomobileEquity3.9%
Varun Beverages Ltd.
Consumer StaplesEquity3.8%
Persistent Systems Ltd.
TechnologyEquity3.6%
Bharat Forge Ltd.
AutomobileEquity3.6%
Bank Of Baroda
FinancialEquity3.5%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity Value
Pros
Cons
Higher alpha: 2.75
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y 
1Y annualised returns lower than category average by 7.06%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Sep 2023 - Present
1.60%
23 Sep 2023 - 24 Sep 2023
1.60%
22 Sep 2023 - 23 Sep 2023
1.60%
21 Sep 2023 - 22 Sep 2023
1.60%
20 Sep 2023 - 21 Sep 2023
1.60%
19 Sep 2023 - 20 Sep 2023
1.61%
18 Sep 2023 - 19 Sep 2023
1.61%
17 Sep 2023 - 18 Sep 2023
1.61%
16 Sep 2023 - 17 Sep 2023
1.61%
15 Sep 2023 - 16 Sep 2023
1.61%
14 Sep 2023 - 15 Sep 2023
1.61%
13 Sep 2023 - 14 Sep 2023
1.61%
12 Sep 2023 - 13 Sep 2023
1.61%
10 Sep 2023 - 12 Sep 2023
1.61%
09 Sep 2023 - 10 Sep 2023
1.61%
08 Sep 2023 - 09 Sep 2023
1.61%
07 Sep 2023 - 08 Sep 2023
1.61%
06 Sep 2023 - 07 Sep 2023
1.61%
05 Sep 2023 - 06 Sep 2023
1.62%
04 Sep 2023 - 05 Sep 2023
1.62%
03 Sep 2023 - 04 Sep 2023
1.62%
02 Sep 2023 - 03 Sep 2023
1.62%
01 Sep 2023 - 02 Sep 2023
1.62%
31 Aug 2023 - 01 Sep 2023
1.62%
31 Jul 2023 - 31 Aug 2023
1.66%
Expense ratio, exit load and taxExpense ratio: 1.60%Inclusive of GST
Exit loadExit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementKaran Doshi
Jul 2023 - Present
View details
Education
Mr. Doshi is a Bachelor of Engineering, MMS (Finance)
Experience
Prior to joining LIC Mutual Fund, he has worked with Subhkam Ventures Pvt. Limited as Equity Analyst.
Also manages these schemes
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LIC MF Conservative Hybrid Fund Direct IDCW Quarterly
LIC MF Conservative Hybrid Fund Direct IDCW Yearly
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Conservative Hybrid Fund Direct IDCW Monthly
LIC MF Children's Gift Fund Direct Growth
LIC MF Midcap Fund Direct IDCW
LIC MF Midcap Fund Regular IDCW
LIC MF Midcap Fund Regular Growth
LIC MF Midcap Fund Direct Growth
LIC MF Long Term Value Fund Regular Growth
LIC MF Long Term Value Fund Regular IDCW
LIC MF Long Term Value Fund Direct Growth
LIC MF Healthcare Fund Direct IDCW
LIC MF Healthcare Fund Direct Growth
LIC MF Healthcare Fund Regular Growth
LIC MF Healthcare Fund Regular IDCW
Jaiprakash Toshniwal
Jul 2023 - Present
View details
Education
Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.
Also manages these schemes
LIC MF Flexi Cap Fund IDCW
LIC MF Flexi Cap Fund Growth
LIC MF Large Cap Fund IDCW
LIC MF S&P BSE Sensex Fund IDCW
LIC MF S&P BSE Sensex Fund Growth
LIC MF Nifty 50 Index Fund IDCW
LIC MF Nifty 50 Index Fund Growth
LIC MF Large Cap Fund Growth
LIC MF Flexi Cap Fund Direct IDCW
LIC MF Flexi Cap Fund Direct Growth
LIC MF Large Cap Fund Direct Growth
LIC MF Large Cap Fund Direct IDCW
LIC MF Nifty 50 Index Fund Direct Growth
LIC MF S&P BSE Sensex Fund Direct Growth
LIC MF Nifty 50 Index Fund Direct IDCW
LIC MF S&P BSE Sensex Fund Direct IDCW
LIC MF Banking & Financial Services Fund Direct IDCW
LIC MF Banking & Financial Services Fund Regular IDCW
LIC MF Banking & Financial Services Fund Regular Growth
LIC MF Banking & Financial Services Fund Direct Growth
LIC MF Nifty 50 ETF IDCW
LIC MF S&P BSE Sensex ETF Growth
LIC MF Nifty 100 ETF Growth
LIC MF Arbitrage Fund Regular Growth
LIC MF Arbitrage Fund Direct IDCW Weekly
LIC MF Arbitrage Fund Regular IDCW Monthly
LIC MF Arbitrage Fund Regular IDCW Weekly
LIC MF Arbitrage Fund Direct IDCW Monthly
LIC MF Arbitrage Fund Direct Growth
LIC MF Balanced Advantage Fund Regular IDCW
LIC MF Balanced Advantage Fund Regular Growth
LIC MF Balanced Advantage Fund Direct IDCW
LIC MF Balanced Advantage Fund Direct Growth
LIC MF Nifty Next 50 Index Fund Growth
LIC MF Nifty Next 50 Index Fund IDCW
LIC MF Nifty Next 50 Index Fund Direct Growth
LIC MF Nifty Next 50 Index Fund Direct IDCW
LIC MF Equity Savings Fund IDCW Monthly
LIC MF Equity Savings Fund Growth
LIC MF Equity Savings Fund IDCW Quarterly
LIC MF Equity Savings Fund Direct Growth
LIC MF Equity Savings Fund Direct IDCW Monthly
LIC MF Focused 30 Equity Fund Regular IDCW
LIC MF Focused 30 Equity Fund Direct IDCW
LIC MF Focused 30 Equity Fund Regular Growth
LIC MF Focused 30 Equity Fund Direct Growth
LIC MF Long Term Value Fund Regular Growth
LIC MF Long Term Value Fund Regular IDCW
LIC MF Long Term Value Fund Direct Growth
Fund house & investment objective
LIC Mutual Fund
Rank (total assets)#20 in India
Total AUM₹17,913.46Cr
Date of Incorporation20 Apr 1994
 LIC MF Long Term Value Fund Direct Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Alok Ranjan is the Current Fund Manager of LIC MF Long Term Value Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹17,913 Cr and the Latest NAV as of 27 Sep 2023 is ₹19.35.
The LIC MF Long Term Value Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.
;
Investment ObjectiveThe Scheme seeks to generate long-term capital appreciation along with regular income by investing predominantly in equity and equity related instruments by following value investing strategy.
;
Fund benchmarkNIFTY 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
E-mail
[email protected]
Website
www.licmf.com
LIC Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
LIC MF Long Term Value Fund Direct Growth
VS
Add mutual fund to compare

	3M	6M	1Y	All
Fund returns	9.1%	9.8%	12.8%	13.5%
Category average	NA	NA	28.0%	NA
Rank with in category	NA	NA	18	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	8.2%
State Bank of India	Financial	Equity	7.7%
ICICI Bank Ltd.	Financial	Equity	6.4%
Reliance Industries Ltd.	Energy	Equity	5.5%
Infosys Ltd.	Technology	Equity	5.5%
Mahindra & Mahindra Ltd.	Automobile	Equity	3.9%
Varun Beverages Ltd.	Consumer Staples	Equity	3.8%
Persistent Systems Ltd.	Technology	Equity	3.6%
Bharat Forge Ltd.	Automobile	Equity	3.6%
Bank Of Baroda	Financial	Equity	3.5%

Rank (total assets)	#20 in India
Total AUM	₹17,913.46Cr

Date of Incorporation	20 Apr 1994

Fund benchmark	NIFTY 500 Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹96.12Cr

LIC MF Long Term Value Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (38)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.60%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Karan DoshiJul 2023 - PresentView details

Jaiprakash ToshniwalJul 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Karan Doshi
Jul 2023 - Present
View details

Jaiprakash Toshniwal
Jul 2023 - Present
View details