How to Invest in LIC MF Small Cap Fund Direct Growth?

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

What kind of returns does LIC MF Small Cap Fund Direct Growth provide?

The LIC MF Small Cap Fund Direct Growth has been there from 21 Jun 2017 and the average annual returns provided by this fund is 20.73% since its inception.

How much expense ratio is charged by LIC MF Small Cap Fund Direct Growth?

The term Expense Ratio used for LIC MF Small Cap 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 Small Cap Fund Direct Growth is 1.53% as of 29 Sep 2023...

What is the AUM of LIC MF Small Cap Fund Direct Growth?

The AUM, short for Assets Under Management of LIC MF Small Cap Fund Direct Growth is ₹170.59Cr as of 29 Sep 2023.

How to Redeem LIC MF Small Cap Fund Direct Growth?

If you want to sell your LIC MF Small Cap 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 Small Cap Fund Direct Growth?

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

What is the NAV of LIC MF Small Cap Fund Direct Growth?

The NAV of LIC MF Small Cap Fund Direct Growth is ₹23.98 as of 27 Sep 2023.

What is the PE and PB ratio of LIC MF Small Cap Fund Direct Growth?

The PE ratio ratio of LIC MF Small Cap 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 Small Cap Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

LIC MF Small Cap Fund Direct Growth
Equity
Small Cap
Very High Risk
36.60%
3Y annualised
+0.76% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 27 Sep 2023₹23.98
Min. SIP amount₹500
Rating2
Fund size₹170.59Cr
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 Small Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns20.7%36.6%19.6%15.0%
Category average29.6%36.5%21.0%NA
Rank with in category251211NA
Understand terms
Holdings (48)NameSectorInstrumentAssets
Kei Industries Ltd.
Capital GoodsEquity5.2%
Garware Hi-Tech Films Ltd.
ChemicalsEquity4.2%
Elgi Equipments Ltd.
Capital GoodsEquity4.1%
Grindwell Norton Ltd.
Metals & MiningEquity4.0%
Carborundum Universal Ltd.
Metals & MiningEquity2.8%
Lemon Tree Hotels Ltd.
ServicesEquity2.6%
Greenpanel Industries Ltd.
Consumer StaplesEquity2.6%
Deepak Nitrite Ltd.
ChemicalsEquity2.6%
Kirloskar Oil Engines Ltd.
Capital GoodsEquity2.5%
Blue Star Ltd.
Consumer DiscretionaryEquity2.5%
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 Small Cap
Pros
Cons
3Y annualised returns higher than category average by 0.08%
1Y and 5Y annualised returns lower than category average
Higher alpha: 7.45
The fund has generated returns higher than benchmark - NIFTY Smallcap 250 Total Return Index - in the last 3Y 
Low rating: 2
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
1.53%
23 Sep 2023 - 24 Sep 2023
1.53%
22 Sep 2023 - 23 Sep 2023
1.53%
21 Sep 2023 - 22 Sep 2023
1.53%
20 Sep 2023 - 21 Sep 2023
1.53%
19 Sep 2023 - 20 Sep 2023
1.53%
18 Sep 2023 - 19 Sep 2023
1.53%
17 Sep 2023 - 18 Sep 2023
1.53%
16 Sep 2023 - 17 Sep 2023
1.53%
15 Sep 2023 - 16 Sep 2023
1.53%
14 Sep 2023 - 15 Sep 2023
1.53%
13 Sep 2023 - 14 Sep 2023
1.53%
12 Sep 2023 - 13 Sep 2023
1.53%
11 Sep 2023 - 12 Sep 2023
1.53%
10 Sep 2023 - 11 Sep 2023
1.53%
09 Sep 2023 - 10 Sep 2023
1.53%
08 Sep 2023 - 09 Sep 2023
1.53%
07 Sep 2023 - 08 Sep 2023
1.53%
06 Sep 2023 - 07 Sep 2023
1.53%
05 Sep 2023 - 06 Sep 2023
1.53%
04 Sep 2023 - 05 Sep 2023
1.53%
03 Sep 2023 - 04 Sep 2023
1.53%
02 Sep 2023 - 03 Sep 2023
1.53%
01 Sep 2023 - 02 Sep 2023
1.53%
31 Aug 2023 - 01 Sep 2023
1.53%
31 Jul 2023 - 31 Aug 2023
1.54%
Expense ratio, exit load and taxExpense ratio: 1.53%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 managementYogesh Patil
Jul 2023 - Present
View details
Education
Mr. Patil is an MBA (Finance).
Experience
Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
Also manages these schemes
LIC MF Flexi Cap Fund IDCW
LIC MF Flexi Cap Fund Growth
LIC MF Aggressive Hybrid Fund IDCW
LIC MF Aggressive Hybrid Fund Growth
LIC MF Unit Linked Insurance Scheme
LIC MF Large Cap Fund IDCW
LIC MF ELSS IDCW
LIC MF ELSS Growth
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 Children's Gift Fund Growth
LIC MF Conservative Hybrid Fund IDCW Monthly
LIC MF Conservative Hybrid Fund IDCW Quarterly
LIC MF Conservative Hybrid Fund IDCW Yearly
LIC MF Conservative Hybrid Fund Growth
LIC MF Large Cap Fund Growth
LIC MF Infrastructure Fund Growth
LIC MF Infrastructure Fund IDCW
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Aggressive Hybrid Fund Direct IDCW
LIC MF Aggressive Hybrid Fund Direct 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 ELSS Direct IDCW
LIC MF ELSS Direct Growth
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 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 Infrastructure Fund Direct IDCW
LIC MF Infrastructure Fund Direct Growth
LIC MF Large & Mid Cap Fund Direct IDCW
LIC MF Large & Mid Cap Fund Direct Growth
LIC MF Large & Mid Cap Fund Regular Growth
LIC MF Large & Mid Cap Fund Regular 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 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 Multi Cap Fund Direct Growth
LIC MF Multi Cap Fund Direct IDCW
LIC MF Multi Cap Fund Regular Growth
LIC MF Multi Cap Fund Regular IDCW
LIC MF Small Cap Fund Regular Growth
LIC MF Small Cap Fund Direct Growth
LIC MF Small Cap Fund Direct IDCW
LIC MF Small Cap Fund Regular IDCW
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
LIC MF ELSS IDCW
LIC MF ELSS Growth
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF ELSS Direct IDCW
LIC MF ELSS Direct Growth
LIC MF Large & Mid Cap Fund Direct IDCW
LIC MF Large & Mid Cap Fund Direct Growth
LIC MF Large & Mid Cap Fund Regular Growth
LIC MF Large & Mid Cap Fund Regular IDCW
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 Small Cap Fund Regular Growth
LIC MF Small Cap Fund Direct Growth
LIC MF Small Cap Fund Direct IDCW
LIC MF Small Cap Fund Regular IDCW
LIC MF Dividend Yield Fund Regular Growth
LIC MF Dividend Yield Fund Regular IDCW
LIC MF Dividend Yield Fund Direct IDCW
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 Small Cap 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 Small Cap 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 ₹23.98.
The LIC MF Small Cap 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 provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small-cap Companies.
;
Fund benchmarkNIFTY Smallcap 250 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 Small Cap Fund Direct Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	20.7%	36.6%	19.6%	15.0%
Category average	29.6%	36.5%	21.0%	NA
Rank with in category	25	12	11	NA

Name	Sector	Instrument	Assets
Kei Industries Ltd.	Capital Goods	Equity	5.2%
Garware Hi-Tech Films Ltd.	Chemicals	Equity	4.2%
Elgi Equipments Ltd.	Capital Goods	Equity	4.1%
Grindwell Norton Ltd.	Metals & Mining	Equity	4.0%
Carborundum Universal Ltd.	Metals & Mining	Equity	2.8%
Lemon Tree Hotels Ltd.	Services	Equity	2.6%
Greenpanel Industries Ltd.	Consumer Staples	Equity	2.6%
Deepak Nitrite Ltd.	Chemicals	Equity	2.6%
Kirloskar Oil Engines Ltd.	Capital Goods	Equity	2.5%
Blue Star Ltd.	Consumer Discretionary	Equity	2.5%

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

Date of Incorporation	20 Apr 1994

Fund benchmark	NIFTY Smallcap 250 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	2
Fund size	₹170.59Cr

LIC MF Small Cap Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (48)

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: 1.53%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Yogesh PatilJul 2023 - PresentView details

Dikshit MittalJul 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Yogesh Patil
Jul 2023 - Present
View details

Dikshit Mittal
Jul 2023 - Present
View details