Fund Facts
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Name of Fund:LIC MF Multi Cap Fund
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Opening:6th October 2022
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Closing:20th October 2022
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Scheme Type:Open Ended Equity Multi Cap Fund
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Minimum Investment:Rs. 5000/- and in multiples of Re. 1/- thereafter.
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Plan:Regular and Direct
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Options:Growth and IDCW
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Entry Load:Not Applicable
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Exit Road:1% of NAV if redeemed within 1 year
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Thereafter:Nil
Fund Stats
Objective
The investment objective of the scheme is 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.
Benchmark:
NIFTY 500
Fund Manager:
Yogesh Patil
Asset Allocation
75-100%
Equity
upto 25%
Money Market
Comparable existing schemes
| Kotak Multicap Fund | 4.90(6M) | 3.26(1Y) |
| Invesco India Multicap Fund | 2.06(6M) | -0.20(1Y) |
Fund Prognosis
Idea Distiller
This is a very inactive fund house, getting up from its long hibernation. It will be some time before it learns to dance. What idea??? They missed the boat by 24 months and are playing catch up. Period.
Fund House AAUM:
Rs.1787904.09 Lakh (as on 30th September 2022)
Fund Manager:
Combined experience of above 10 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
Nil. There are many more with a record and a history. Ignore and move on.