LIC MF Focused Fund - Invest in Top 30 Stocks for Growth

Investment Objective

The investment objective of the Scheme is to provide long term capital appreciation by investing in concentrated portfolio of large cap focused equity and equity related instruments of up to 30 companies and balance in debt and money market instruments. However there can be no assurance that the investment objective of the Scheme will be realized.

Minimum Application Amount

Application Amount (Other than fresh purchase through SIP) – Rs. 5,000/- and in multiples of Rs.1 thereafter.
SIP Amount –
  1. Daily – Rs. 100/- and in multiples of Re.1/- thereafter.
  2. Monthly – Rs. 200/- and in multiples of Re.1/- thereafter.
  3. Quarterly – Rs. 1,000/- and in multiples of Re.1/- thereafter

Load Structure

Entry Load - Not applicable
Exit Load (Redemption/switch-out/Transfer/SWP) -
  • Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 12 months from the date of allotment. 1% 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.

Minimum Additional Amount
(For subsequent investments under an existing folio)

₹ 1000 and in multiples of ₹ 1 thereafter.

Minimum Redemption Amount

₹ 1000 and in multiples of ₹ 1 thereafter.

Benchmark Index

NIFTY 500 Index TRI

Investment Strategy

  • The Investment strategy of the Scheme would be to invest in best opportunities that the market presents, without any sector bias with an underlying focus to build a portfolio of both value and growth companies. Scheme will follow a bottom-up approach for stock-picking and choose companies across sectors and the Scheme will primarily focus on companies that have demonstrated characteristics such as market leadership, strong financials and quality management, and have the potential to create wealth for their shareholders by delivering steady performance through the ups and downs of the market.

Who Should Invest?

  • Investors seeking growth from an actively managed portfolio comprising of not more than 30 companies.
  • Investors looking to invest in a focused portfolio consisting of high conviction call.
  • Investor looking for focused yet diversified investment across market cap and sectors.

Asset Allocation

Instruments Indicative allocations (% of total assets) Risk Profile
Minimum Maximum High / Medium / Low
Equity and Equity related instruments (which are not exceeding 30 companies) # 65 100 High
Debt and Money Market Instruments 0 35 Low to Medium
# The Scheme shall invest minimum 65% in large cap companies by market capitalization.

Fund Manager

Mr. Jaiprakash Toshniwal - managing since 31st July, 2023

Plans Available

Regular Plan and Direct Plan.
(The Regular and Direct plans will have a common portfolio)

Risk Factors

For detailed scheme/securities related risk factors,
please refer to the Scheme Information Document

Options Available

1. Growth Option and 2. IDCW Option
The IDCW option has the following facilities:
(I) Reinvestment of IDCW (ii) Pay-out of IDCW
Default Investment option is Growth Option.
For the IDCW option, the default facility will be Reinvestment of IDCW
*IDCW: Income Distribution cum Capital Withdrawal

Riskometer

Investors understand that their Principal wil be at Very High Risk

This product is suitable for investors who are seeking*:
  • Long term capital growth.
  • Investment predominantly in large cap focused equity & equity related instruments of up to 30 companies and balance in debt & money market instruments
  • Risk - Very High
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them. The change in Risk-o-meter will be evaluated on a monthly basis. For Scheme related details, including updation in Riskometer (if any) may please be referred on our website: www.licmf.com
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