LIC MF Multi Cap Fund Direct Growth

Launch date06 Oct 2022
Allotment date31 Oct 2022
End date20 Oct 2022
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.85%

Inclusive of GST

Exit load

Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹200

Fund management

Yogesh Patil
Oct 2022 - 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

Dikshit Mittal
Dec 2022 - 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

Fund house & investment objective

Rank (total assets)#20 in India
Total AUM₹47,476.48Cr
Date of Incorporation20 Apr 1994

LIC MF Multi 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. Yogesh Patil is the Current Fund Manager of LIC MF Multi Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹47,476 Cr and the Latest NAV as of 02 Apr 2026 is ₹16.23. The LIC MF Multi Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹200. 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 Objective

The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments across large cap, mid cap and small cap stocks. ;

Fund benchmarkNifty 500 Multicap 50:25:25 Total Return Index

Fund house contact details

Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Launch Date
20 Apr 1994

Peer Comparison

Equity, Multi Cap fundsRating1Y3YFund Size(Cr)
5
5.3%22.5%23,886.02
4
1.6%21.1%9,361.08
5
3.1%20.8%5,301.35
5
2.1%19.5%50,820.01
4
0.3%18.1%16,315.09