How to Invest in LIC MF Midcap Fund Direct IDCW?

You can easily invest in LIC MF Midcap Fund Direct IDCW 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 Midcap Fund Direct IDCW 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 Midcap Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF Midcap Fund Direct IDCW provide?

The LIC MF Midcap Fund Direct IDCW has been there from 25 Jan 2017 and the average annual returns provided by this fund is 28.45% since its inception.

How much expense ratio is charged by LIC MF Midcap Fund Direct IDCW?

The term Expense Ratio used for LIC MF Midcap Fund Direct IDCW 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 Midcap Fund Direct IDCW is 1.57% as of 09 Dec 2023...

What is the AUM of LIC MF Midcap Fund Direct IDCW?

The AUM, short for Assets Under Management of LIC MF Midcap Fund Direct IDCW is ₹224.79Cr as of 09 Dec 2023.

How to Redeem LIC MF Midcap Fund Direct IDCW?

If you want to sell your LIC MF Midcap Fund Direct IDCW 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 Midcap Fund Direct IDCW?

You can select either SIP or Lumpsum investment of LIC MF Midcap Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of LIC MF Midcap Fund Direct IDCW?

The NAV of LIC MF Midcap Fund Direct IDCW is ₹23.01 as of 08 Dec 2023.

What is the PE and PB ratio of LIC MF Midcap Fund Direct IDCW?

The PE ratio ratio of LIC MF Midcap Fund Direct IDCW 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 Midcap Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

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LIC MF Midcap Fund Direct IDCW
Equity
Mid Cap
Very High Risk
22.20%
3Y annualised
-0.40% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 08 Dec 2023₹23.01
Min. SIP amountNot Supported
Rating1
Fund size₹224.79Cr
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 Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns28.4%22.2%17.8%13.9%
Category average31.1%26.6%21.0%NA
Rank with in category292322NA
Understand terms
Holdings (50)NameSectorInstrumentAssets
UNO Minda Ltd.
AutomobileEquity4.2%
Trent Ltd.
ServicesEquity3.8%
ICICI Bank Ltd.
FinancialEquity3.3%
The Federal Bank Ltd.
FinancialEquity3.0%
PI Industries Ltd.
ChemicalsEquity2.9%
Coforge Ltd.
TechnologyEquity2.8%
Balkrishna Industries Ltd.
AutomobileEquity2.6%
Alkem Laboratories Ltd.
HealthcareEquity2.6%
Bharat Electronics Ltd.
Capital GoodsEquity2.6%
Dalmia Bharat Ltd.
ConstructionEquity2.3%
See All
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
03 Dec 2023 - Present
1.57%
02 Dec 2023 - 03 Dec 2023
1.57%
01 Dec 2023 - 02 Dec 2023
1.57%
30 Nov 2023 - 01 Dec 2023
1.57%
29 Nov 2023 - 30 Nov 2023
1.57%
28 Nov 2023 - 29 Nov 2023
1.57%
27 Nov 2023 - 28 Nov 2023
1.57%
26 Nov 2023 - 27 Nov 2023
1.57%
25 Nov 2023 - 26 Nov 2023
1.57%
24 Nov 2023 - 25 Nov 2023
1.57%
23 Nov 2023 - 24 Nov 2023
1.57%
22 Nov 2023 - 23 Nov 2023
1.57%
21 Nov 2023 - 22 Nov 2023
1.57%
20 Nov 2023 - 21 Nov 2023
1.57%
19 Nov 2023 - 20 Nov 2023
1.57%
18 Nov 2023 - 19 Nov 2023
1.57%
17 Nov 2023 - 18 Nov 2023
1.57%
16 Nov 2023 - 17 Nov 2023
1.57%
15 Nov 2023 - 16 Nov 2023
1.57%
14 Nov 2023 - 15 Nov 2023
1.57%
13 Nov 2023 - 14 Nov 2023
1.57%
12 Nov 2023 - 13 Nov 2023
1.57%
11 Nov 2023 - 12 Nov 2023
1.57%
10 Nov 2023 - 11 Nov 2023
1.57%
09 Nov 2023 - 10 Nov 2023
1.57%
08 Nov 2023 - 09 Nov 2023
1.57%
07 Nov 2023 - 08 Nov 2023
1.57%
06 Nov 2023 - 07 Nov 2023
1.57%
05 Nov 2023 - 06 Nov 2023
1.57%
04 Nov 2023 - 05 Nov 2023
1.57%
03 Nov 2023 - 04 Nov 2023
1.57%
02 Nov 2023 - 03 Nov 2023
1.57%
01 Nov 2023 - 02 Nov 2023
1.57%
31 Oct 2023 - 01 Nov 2023
1.57%
30 Oct 2023 - 31 Oct 2023
1.57%
29 Oct 2023 - 30 Oct 2023
1.57%
28 Oct 2023 - 29 Oct 2023
1.57%
27 Oct 2023 - 28 Oct 2023
1.57%
26 Oct 2023 - 27 Oct 2023
1.57%
25 Oct 2023 - 26 Oct 2023
1.57%
24 Oct 2023 - 25 Oct 2023
1.57%
23 Oct 2023 - 24 Oct 2023
1.57%
22 Oct 2023 - 23 Oct 2023
1.57%
21 Oct 2023 - 22 Oct 2023
1.57%
20 Oct 2023 - 21 Oct 2023
1.57%
19 Oct 2023 - 20 Oct 2023
1.57%
18 Oct 2023 - 19 Oct 2023
1.57%
17 Oct 2023 - 18 Oct 2023
1.57%
16 Oct 2023 - 17 Oct 2023
1.57%
15 Oct 2023 - 16 Oct 2023
1.57%
14 Oct 2023 - 15 Oct 2023
1.57%
13 Oct 2023 - 14 Oct 2023
1.57%
12 Oct 2023 - 13 Oct 2023
1.57%
11 Oct 2023 - 12 Oct 2023
1.57%
10 Oct 2023 - 11 Oct 2023
1.57%
09 Oct 2023 - 10 Oct 2023
1.57%
08 Oct 2023 - 09 Oct 2023
1.57%
07 Oct 2023 - 08 Oct 2023
1.57%
06 Oct 2023 - 07 Oct 2023
1.57%
05 Oct 2023 - 06 Oct 2023
1.57%
04 Oct 2023 - 05 Oct 2023
1.57%
03 Oct 2023 - 04 Oct 2023
1.57%
02 Oct 2023 - 03 Oct 2023
1.57%
01 Oct 2023 - 02 Oct 2023
1.57%
30 Sep 2023 - 01 Oct 2023
1.57%
29 Sep 2023 - 30 Sep 2023
1.57%
28 Sep 2023 - 29 Sep 2023
1.57%
27 Sep 2023 - 28 Sep 2023
1.57%
26 Sep 2023 - 27 Sep 2023
1.57%
25 Sep 2023 - 26 Sep 2023
1.57%
24 Sep 2023 - 25 Sep 2023
1.57%
23 Sep 2023 - 24 Sep 2023
1.57%
22 Sep 2023 - 23 Sep 2023
1.57%
21 Sep 2023 - 22 Sep 2023
1.57%
20 Sep 2023 - 21 Sep 2023
1.57%
19 Sep 2023 - 20 Sep 2023
1.57%
18 Sep 2023 - 19 Sep 2023
1.57%
17 Sep 2023 - 18 Sep 2023
1.57%
16 Sep 2023 - 17 Sep 2023
1.57%
15 Sep 2023 - 16 Sep 2023
1.58%
14 Sep 2023 - 15 Sep 2023
1.58%
13 Sep 2023 - 14 Sep 2023
1.58%
12 Sep 2023 - 13 Sep 2023
1.58%
11 Sep 2023 - 12 Sep 2023
1.58%
10 Sep 2023 - 11 Sep 2023
1.58%
09 Sep 2023 - 10 Sep 2023
1.58%
08 Sep 2023 - 09 Sep 2023
1.58%
07 Sep 2023 - 08 Sep 2023
1.58%
06 Sep 2023 - 07 Sep 2023
1.58%
05 Sep 2023 - 06 Sep 2023
1.58%
04 Sep 2023 - 05 Sep 2023
1.58%
03 Sep 2023 - 04 Sep 2023
1.58%
02 Sep 2023 - 03 Sep 2023
1.58%
01 Sep 2023 - 02 Sep 2023
1.58%
31 Aug 2023 - 01 Sep 2023
1.58%
31 Jul 2023 - 31 Aug 2023
1.62%
31 Dec 2022 - 31 Jul 2023
1.62%
Expense ratio, exit load and taxExpense ratio: 1.57%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 investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
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
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF ELSS Tax Saver Direct Growth
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Children's Gift Fund Direct Growth
LIC MF Midcap Fund Direct Growth
LIC MF Long Term Value Fund Direct Growth
LIC MF Healthcare Fund Direct Growth
Dikshit Mittal
Jul 2023 - Present
View details
Education
Mr. Mittal is a MBA (Finance) - ICFAI Busines School, Hyderabad. B-Tech (Chemical) - Punjab Technical University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.
Also manages these schemes
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF ELSS Tax Saver Direct Growth
LIC MF Large & Mid Cap Fund Direct Growth
LIC MF Multi Cap Fund Direct Growth
LIC MF Midcap Fund Direct Growth
LIC MF Small Cap Fund Direct Growth
LIC MFDividend Yield 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 Midcap Fund Direct IDCW 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 Midcap Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹17,913 Cr and the Latest NAV as of 08 Dec 2023 is ₹23.01.
The LIC MF Midcap Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹1,000. 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 provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies.
;
Fund benchmarkNIFTY Midcap 150 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 Midcap Fund Direct IDCW
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Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	28.4%	22.2%	17.8%	13.9%
Category average	31.1%	26.6%	21.0%	NA
Rank with in category	29	23	22	NA

Name	Sector	Instrument	Assets
UNO Minda Ltd.	Automobile	Equity	4.2%
Trent Ltd.	Services	Equity	3.8%
ICICI Bank Ltd.	Financial	Equity	3.3%
The Federal Bank Ltd.	Financial	Equity	3.0%
PI Industries Ltd.	Chemicals	Equity	2.9%
Coforge Ltd.	Technology	Equity	2.8%
Balkrishna Industries Ltd.	Automobile	Equity	2.6%
Alkem Laboratories Ltd.	Healthcare	Equity	2.6%
Bharat Electronics Ltd.	Capital Goods	Equity	2.6%
Dalmia Bharat Ltd.	Construction	Equity	2.3%

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

Date of Incorporation	20 Apr 1994

Fund benchmark	NIFTY Midcap 150 Total Return Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	1
Fund size	₹224.79Cr

LIC MF Midcap Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (50)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.57%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Karan DoshiJul 2023 - PresentView details

Dikshit MittalJul 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Karan Doshi
Jul 2023 - Present
View details

Dikshit Mittal
Jul 2023 - Present
View details