Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
LIC MF Equity Savings Fund-Direct Plan-Growth
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 39/100 · Weak
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)9.03%
- Expense ratio (20%)1.88%
- AUM (15%)₹38 Cr
Not investment advice — an analytical read of public fund data. Methodology →
LIC Mutual Fund · Hybrid · Equity Savings
₹32.69
AUM: ₹37 Cr
NAV updated 22 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
1.88%
Exit Load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
Fund Manager
Alok Ranjan
Inception
Jan 2013
Benchmark
NIFTY Equity Savings Total Return Index
Sharpe Ratio
-0.41
Std Dev (1Y)
5.23%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.03%
3m
+2.68%
6m
+5.65%
1y
+4.08%
3y
+9.03%
5y
+7.77%
10y
+7.76%
since inception
+8.92%
TopFund's Take on LIC MF Equity Savings Fund-Direct Plan-Growth
LIC MF Equity Savings Fund-Direct Plan-Growth lags behind most of its peers in the Equity Savings category, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 39/100.
Cost: At 1.88%, the expense ratio runs 54% above the Equity Savings category average of 1.22%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.41 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 5.23% is on the lower side for a Equity Savings fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about LIC MF Equity Savings Fund-Direct Plan-Growth
The current NAV (Net Asset Value) of LIC MF Equity Savings Fund-Direct Plan-Growth is ₹32.69. NAV is updated every business day after market close by AMFI.
1Y: 4.08% · 3Y CAGR: 9.03% · 5Y CAGR: 7.77%
The expense ratio of LIC MF Equity Savings Fund-Direct Plan-Growth is 1.88% per annum. This is the annual fee charged by the fund to manage your investment.
LIC MF Equity Savings Fund-Direct Plan-Growth is managed by Alok Ranjan at LIC Mutual Fund.
LIC MF Equity Savings Fund-Direct Plan-Growth is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, LIC MF Equity Savings Fund-Direct Plan-Growth is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in LIC MF Equity Savings Fund-Direct Plan-Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of LIC MF Equity Savings Fund-Direct Plan-Growth is ₹38 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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