Can I invest in SIP and Lumpsum in LIC MF Midcap Fund - Direct (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in LIC MF Midcap Fund - Direct (IDCW). Minimum lumpsum investment LIC MF Midcap Fund - Direct (IDCW) is ₹5,000 and minimum SIP amount is ₹100 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of LIC MF Midcap Fund - Direct (IDCW) Direct Growth?

The latest NAV (Net Asset Value) of LIC MF Midcap Fund - Direct (IDCW) is LIC MF Midcap Fund - Direct (IDCW) is ₹31.11 as on 2025-01-01.

Which are the biggest stock holdings of LIC MF Midcap Fund - Direct (IDCW)?

The 5 biggest stock holdings of LIC MF Midcap Fund - Direct (IDCW) are: Shakti Pumps (4.73%), Trent (4.31%), Uno Minda (3.48%), Federal Bank (2.86%), Bharat Electron (2.44%)

What are the top sectors LIC MF Midcap Fund - Direct (IDCW) invests in?

A majority of LIC MF Midcap Fund - Direct (IDCW) 's AUM worth ₹319.49 (Cr) is invested in these 3 top sectors: Auto Components : 13.88% Industrial Products : 12.79% Retailing : 9.01%

Mutual Funds
LIC MF Midcap Fund - Direct (IDCW)

LIC MF Midcap Fund - Direct (IDCW)

Mid Cap Fund

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NAV
31.11(0.74%)
Fund Size (CR)
₹319.49
Expense Ratio
1.55
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹500
Minimum SIP Investment
₹100
Minimum Withdrawal
₹500
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
16.08%

Absolute Return: -4.46%

Annualized Return: 0%

Basic Details

Scheme Manager

Karan Doshi

Bench Mark

Nifty Midcap 150 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	23 December 2024	10019.98	0.20%	-	0.48%	65/119
1 Month	29 November 2024	10087.70	0.88%	-	1.05%	60/119
3 Month	30 September 2024	9475.83	-5.24%	-	-3.87%	73/119
6 Month	28 June 2024	10194.18	1.94%	-	4.09%	81/119
1 Year	29 December 2023	12943.69	29.44%	29.44%	29.60%	53/119
3 Year	30 December 2021	17341.27	73.41%	20.14%	22.35%	69/103
5 Year	30 December 2019	29598.95	195.99%	24.24%	26.85%	77/95
Since Inception	25 January 2017	32643.20	226.43%	16.08%	22.06%	104/119

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2024	1,30,000	153413.50	18.01%	18.01%
3 Year	3 January 2022	3,70,000	601119.64	62.46%	17.56%
5 Year	1 January 2020	6,10,000	1255113.07	105.76%	15.52%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.57%

Standard Deviation

0.97%

Beta

0.84%

Sharpe Ratio

0.12%

Treynor's Ratio

-2.32%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Shakti Pumps	4.73%	193524	15.10	Equity	Capital Goods-Non Electrical Equipment
Trent	4.31%	20266	13.77	Equity	Retail
Uno Minda	3.48%	105773	11.12	Equity	Auto Ancillaries
Federal Bank	2.86%	433372	9.13	Equity	Banks
Bharat Electron	2.44%	253539	7.81	Equity	Aerospace & Defence
Indian Hotels Co	2.42%	97473	7.73	Equity	Hotels & Restaurants
Alkem Lab	2.29%	12978	7.32	Equity	Pharmaceuticals
P N Gadgil Jewe.	2.22%	104190	7.10	Equity	Diamond, Gems and Jewellery
Voltas	2.21%	42630	7.07	Equity	Consumer Durables
Info Edg.(India)	2.12%	8219	6.79	Equity	E-Commerce/App based Aggregator

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
LIC MF Midcap Fund - Direct (IDCW)	319.49	0.88%	-5.24%	1.94%	29.44%	20.14%
Motilal Oswal Midcap Fund-Dir (G)	22897.62	4.12%	5.15%	18.68%	59.19%	37.01%
Motilal Oswal Midcap Fund-Dir (IDCW)	22897.62	4.12%	5.15%	18.68%	59.19%	37.01%
Invesco India Midcap Fund - Direct (G)	5862.67	3.37%	0.42%	12.38%	45.03%	26.69%
Invesco India Midcap Fund - Direct (IDCW)	5862.67	3.37%	0.42%	12.37%	45.02%	26.67%
HSBC Midcap Fund - Direct (IDCW)	11912.38	4.06%	0.93%	10.09%	40.83%	27.22%

News

LIC Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
LIC Mutual Fund has announced 24 December 2024 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:
LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.10
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LIC Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
LIC Mutual Fund has announced 26 November 2024 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:
LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.10
Powered by Capital Market - Live News

LIC Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
LIC Mutual Fund has announced 24 October 2024 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:
LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.10
Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

5 January 2017

Total AUM (Cr)

₹319.49

LIC MF Midcap Fund - Direct (IDCW) is an Mid Cap Fund-oriented fund from the renowned AMC, LIC Mutual Fund. Launched in 5 January 2017, this fund is managed by Karan Doshi. With assets under management (AUM) worth ₹319.49 (Cr), as of 1 January 2025, LIC MF Midcap Fund - Direct (IDCW) is categorized as a Mid Cap Fund within its segment. The fund has generated a return of 16.08% since its launch.
The current NAV of LIC MF Midcap Fund - Direct (IDCW) is ₹31.11, as on 1 January 2025. The fund's benchmark index is Nifty Midcap 150 TRI. You can invest in LIC MF Midcap Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil - If units of the Scheme are redeemed or switched out up to 12% of the units within 12 months from the date of allotment. 1.00% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment. Nil, If units of scheme are redeemed or switched out after 12 months from the date of allotment. The fund has generated 20.14% and 24.24% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 97.99% in Equity, 2.43% in Debt and -0.45% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 13.88% in Auto Components, 12.79% in Industrial Products, 9.01% in Retailing, 6.97% in Finance, 5.73% in Consumer Durables

FAQs

How to Invest in LIC MF Midcap Fund - Direct (IDCW) Direct Growth?

LIC MF Midcap Fund - Direct (IDCW) is a popular fund in the Mid Cap Fund segment. The fund has generated a return of 16.08% since inception. Looking to invest in LIC MF Midcap Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in LIC MF Midcap Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, LIC MF Midcap Fund - Direct (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in LIC MF Midcap Fund - Direct (IDCW) today and reap the benefits of this Mid Cap Fund fund!

How much returns has LIC MF Midcap Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, LIC MF Midcap Fund - Direct (IDCW) has generated annualised return of 29.44%. In the long-term, the fund has generated 20.14% and 24.24% in 3 and 5 years respectively. Since its inception, the fund has generated 16.08% returns.

What is the expense ratio of LIC MF Midcap Fund - Direct (IDCW) Direct Growth?

The expense ratio of LIC MF Midcap Fund - Direct (IDCW) Direct Growth is 1.55%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of LIC MF Midcap Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of LIC MF Midcap Fund - Direct (IDCW) is ₹319.49 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from LIC MF Midcap Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of LIC MF Midcap Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from LIC MF Midcap Fund - Direct (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case LIC MF Midcap Fund - Direct (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).