- Mutual Funds
- LIC Mutual Fund
- LIC MF Midcap Fund (PIDCW-A)
Formerly IDBI Midcap Fund Reg IDCW-P
Mid cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 22.6807
NAV (Apr 22)
Fund Returns
Last 1Y | 48.8% |
Last 3Y | 19.8% |
Last 5Y | 17.5% |
Last 10Y | NA |
Since Inception | 12% |
6 Month CAGR | 19.7% |
Scheme Information
The objective of the scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies. However there can be no assurance that the investment objective under the scheme will be realized.
Expense Ratio | 2.5 |
Launched (7y ago) | Jan 25, 2017 |
AUM in Crores | 242.212 |
ISIN | INF397L01JL6 |
Lock-in | No Lock-in |
Benchmark | Nifty Midcap 150 TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 14.5 |
Standard Deviation (5yr) | 20.8 |
Beta (3yr) | 0.93 |
Beta (5yr) | 0.92 |
Sharpe Ratio (3yr) | 0.853 |
Sharpe Ratio (5yr) | 0.606 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
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with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| LIC MF Midcap Fund (PIDCW-A) | 11,37,424 | 4,04,812 | 17.5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
trent ltd
3.8%uno minda ltd
3.6%icici bank ltd
3.1%bharat electronics ltd
2.8%pi industries ltd
2.8%Allocation by Sector
consumer cyclical
30.4%industrials
19.9%financial services
19.5%basic materials
13.8%technology
4.3%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 17,313 cr | ||
₹ 14,075 cr | ||
₹ 21,475 cr | ||
₹ 53,505 cr | ||
₹ 41,281 cr |
About the AMC
LIC Mutual Fund Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.4% | 7.7% | ||
4.4% | 6.6% | ||
4.4% | 6.6% | ||
15.2% | 6.1% | ||
34% | 8.9% |
LIC MF Midcap Fund (PIDCW-A) Review
LIC MF Midcap Fund (PIDCW-A) is a Mid Cap Equity fund and has delivered an annualised return of 12% over a period of 7 years. The fund was previously known as IDBI Midcap Fund Reg IDCW-P. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund managers are Dikshit Mittal, Karan Doshi.
Nav of LIC MF Midcap Fund (PIDCW-A) as of 4/22/2024 is ₹22.68 with the total AUM as of 4/23/2024 is ₹242.212. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Midcap Fund (PIDCW-A) was launched on Jan 25, 2017. The category risk of the fund is Very High Risk.
The minimum SIP amount for LIC MF Midcap Fund (PIDCW-A) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
LIC MF Midcap Fund (PIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Midcap 150 TR INR.
LIC MF Midcap Fund (PIDCW-A) is rated as a 1 fund in Equity and delivered 48.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Midcap Fund (PIDCW-A).
Frequently Asked Questions
What is LIC MF Midcap Fund (PIDCW-A)?
How to invest in LIC MF Midcap Fund (PIDCW-A)?
You can invest in LIC MF Midcap Fund (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of LIC MF Midcap Fund (PIDCW-A)?
The minimum sip amount for LIC MF Midcap Fund (PIDCW-A) is ₹0. You can invest in multiples of ₹5000.
Is LIC MF Midcap Fund (PIDCW-A) good to invest in?
As per Scripbox experts, LIC MF Midcap Fund (PIDCW-A) is a Not Recommended fund. You can investLIC MF Midcap Fund (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the LIC MF Midcap Fund (PIDCW-A)?
The expense ratio of the LIC MF Midcap Fund (PIDCW-A) is 2.5% for regular plan.