Latest news with #LICMF
News18
15-05-2025
- Business
- News18
LIC Mutual Fund Re-Introduces 5 Key Equity Schemes: All You Need To Know
Last Updated: The reintroduction is part of LIC's 'Funds in Focus Q1 FY25' initiative and the schemes are Value Fund, Small Cap Fund, Multi-Asset Fund, Dividend Yield Fund and Focused Fund. LIC Mutual Fund has reintroduced five of its flagship equity schemes as part of its strategic initiative, 'Funds in Focus Q1 FY25', aimed at aligning investment options with evolving market dynamics and investor preferences. 'We are re-introducing these five flagship equity schemes, which have the potential to generate significant wealth for investors with diverse financial needs over the long term," Yogesh Patil, chief investment officer (equity) at LIC Mutual Fund, said. Which Schemes Are Back? The five re-launched schemes are: LIC MF Value Fund LIC MF Small Cap Fund LIC MF Multi-Asset Allocation Fund LIC MF Dividend Yield Fund LIC MF Focused Fund These schemes span various investment themes and risk profiles, catering to long-term wealth creation goals for investors with different financial needs. Assets Under Management On the Rise LIC Mutual Fund's assets under management (AUM) saw a healthy uptick, rising 11% to Rs 37,554 crore in April 2024, up from Rs 33,854 crore in March. The growth reflects increased investor confidence and strategic fund positioning in line with market opportunities. What It Means for Investors For both new and existing investors, the reintroduction of these funds offers renewed opportunities to diversify portfolios and benefit from LIC MF's long-term equity strategies. With markets constantly evolving, such timely product realignment is expected to help meet changing investment goals more effectively. First Published: May 15, 2025, 11:02 IST
Business Mayor
15-05-2025
- Business
- Business Mayor
LIC Mutual Fund reintroduces five flagship equity schemes; details here
As of April 2025, LIC Mutual Fund manages a total of 41 schemes, comprising 15 equity funds, 9 debt funds, 6 hybrid funds, 1 solution-oriented fund and 10 ETF, index and other funds. The fund house has a robust monthly SIP inflow. Overall, AUM has seen a notable rise from Rs 33,854 crore in March 2025 to Rs 37,554 crore in April 2025, registering a growth of 11%. Also Read | Nippon India Small Cap Fund exits IndusInd Bank, Adani Wilmar, 3 other stocks in April The funds that are being reintroduced are LIC MF Value Fund, LIC MF Small Cap Fund, LIC MF Multi-Asset Allocation Fund, LIC MF Dividend Yield Fund, and LIC MF Focused Fund. 'We are reintroducing these five flagship equity schemes, which have the potential to generate significant wealth for investors with diverse financial needs over the long term. We believe investment objectives of these funds will be aligned with aspirations of the young as well as new investors, catering to their diverse financial goals, and deliver better returns notwithstanding the challenging market conditions,' said Yogesh Patil, Chief Investment Officer – Equity, on the reintroduction of equity schemes. About these 5- flagship funds: (a) LICMF Value Fund Targets fundamentally strong companies trading below intrinsic value due to temporary market dislocations. Best suited for long-term investors seeking undervalued opportunities with solid financials and sound business models. Read More Capital Daily sees further GBP decline amid BoE policy stance Fund Managers: Nikhil Rungta and Mahesh Bendre (b) LICMF Small Cap Fund Invests in emerging, scalable businesses aligned with India's long-term growth. Focuses on early-stage, under-researched companies with high potential. Suitable for high-risk investors with a 5+ year horizon. Fund Managers: Nikhil Rungta and Mr. Mahesh Bendre (c) LICMF Multi-Asset Allocation Fund This fund aims to achieve a balance between risk and return by leveraging the diversification of different asset classes. It dynamically allocates across equity, debt and commodities (gold and silver) based on market conditions and economic outlook. This strategy is suited for long-term investors who are looking for superior risk-adjusted returns. Fund Managers: Nikhil Rungta, Sumit Bhatnagar and Pratik Shroff Also Read | BSE and One 97 among stocks that mutual funds bought and sold in April (d) LICMF Dividend Yield Fund Blends capital appreciation with dividend income by investing in companies with strong cash flows, consistent payouts and reinvestment-led growth. A fit for long-term investors seeking stable yet growing income. Fund Managers: Mr. Dikshit Mittal and Mr. Karan Doshi (e) LICMF Focused Fund A concentrated portfolio of up to 30 high-conviction stocks, backed by deep research and meaningful allocations. Offers flexibility across sectors and market caps which is ideal for growth-oriented investors seeking an actively managed yet focused strategy. Fund Managers: Jaiprakash Toshniwal and Sumit Bhatnagar
Economic Times
08-05-2025
- Business
- Economic Times
Go for a barbell strategy in cement; a strategic repositioning in BFSI and FMCG: Sumit Bhatnagar
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads , Fund Manager,, recommends a barbell strategy for cement investments, combining segment leaders with companies benefiting from regional price hikes. LIC MF's portfolio adjustments involved reducing IT and capital goods holdings while increasing positions in BFSI and FMCG. Allocations shifted from mid and small-cap to large-cap stocks, reflecting a strategic this event out of the way, now the ball is in Pakistan's court on what level of escalation they do. Going by history, we do expect markets to move back to the usual trajectory. We are cautiously optimistic about the markets over the short term. We believe that leaving aside the global uncertainty, Indian macros are shaping up pretty well and with the steps that government has taken in so far as your budget was concerned or the liquidity infusion measures that were taken or the regulatory easing that was done, we expect our economy to perform decently from here on and we think 6.5% GDP growth is definitely a doable as also we expect decent earning growth going forward led by the measures that the government has view defence as a structural opportunity. The government's focus on indigenisation plus the focus on making them the export platforms is a very structural story to play out. While in the near term we can say a lot of positives are priced in, but the opportunity definitely exists both from indigenisation and export perspective. While we have substantial deployments in the defence space, maybe it is time to take some profits off the table in near expect consumption to pick up from here on. The kind of steps that the government has taken, the tax cuts that have happened in the Budget which should support urban consumption, plus the liquidity measure should lead to reduction in interest rates, plus the benign inflationary environment, the way inflation has cooled off. All these should support your urban the same time, rural consumption should get support from good crop expectation, normal monsoons, and decent reservoir levels. We expect FMCG, which has been an underperformer for the last 18 or 24 months, to start showing some bit of a pickup in both volume terms as also some bit of an improvement on margins as us, the key deletion or key reduction in weight was around IT, as also a little bit of profit taking across the capital goods space. While we added positions in BFSI, as also some bits of positions in FMCG, which even now we are looking to build positions in as we get the right valuations. As far as market-cap-wise allocations go, we have trimmed some positions in mid and smallcap space while we have added the allocations to largecap first of all, rerating, I would say markets are broadly fairly valued. So, it would be difficult to say a particular sector is getting rerated. We would rather focus on individual stocks where there is earnings visibility, where there is a tailwind appearing, where we see select pockets where we can see ratings. But at a sector level, we believe most of the sectors are fairly priced at this point in time and so far as earnings growth is concerned, we do expect decent earnings from the consumption theme. BFSI and defence also should post decent earnings and sectors like cement should do in so far as segment is concerned, rather than taking individual names, I would suggest a barbell type of a strategy where you play the segment leaders on one end and companies that are likely to benefit from the price hike that we have seen in the regions like south or east. So, it can be a combination of this combination of largecap and a mid or smallcap company within this sector. If someone is still looking for compounders, then even companies based out of the north and east can be looked at.
Mint
28-04-2025
- Business
- Mint
Early birds steady wings after a dip in December quarter
A cautiously hopeful tone prevails in the stock market as March quarter earnings trickle in. Initial earnings suggest that companies emerged from a demand contraction in the quarter, though the recovery remains muted. This indicates that consumer spending is yet to pick up meaningfully, after a tepid third quarter. Extreme global uncertainty in the last three months depressed exports and hurt businesses, experts noted. A Mint analysis of the first 184 companies that have declared their results shows only a 1.4% year-on-year increase in revenue. That fares marginally better than the 0.3% drop they reported in the December quarter. Sequentially, revenue rose around 8%, but on a low base. 'After a disappointing Q2 and Q3, our expectation for this quarter (Q4FY25) is so low that the actual numbers are looking either in line, or marginally better than what we expected," highlighted Nikhil Rungta, co-chief investment officer of equities at LIC MF. India Inc. has been reeling under a stubborn consumption slowdown since last year due to minimal government spending, sticky inflation and sluggish wage growth. However, much has changed, and a recovery seems to be on the way—reflected in India's 6.2% GDP expansion in Q3 from a seven-quarter low of 5.4% in Q2. Also read | Retail inflation likely down to 3.5% in March, allowing RBI rate cut: Mint poll Retail inflation fell to a six-year low of 3.3% in March. Government spending has picked up since December, even though in select critical infrastructure areas like defence and power sectors. Meanwhile, experts are hoping to see a revival in urban middle class spending in FY26 after the income tax relief offered in the Union Budget. 'Markets are in transition right now. From extreme macro uncertainty, we are now heading towards earnings uncertainty which will likely resolve itself over the next couple of quarters," noted Trideep Bhattacharya, president and chief investment officer (CIO) of equities at Edelweiss Mutual Fund. India and the US are working on a trade deal that New Delhi hopes will help it skirt the tariff war. It has also set its internal levers in motion through tax cuts and increased spending. But these attempts will take time to manifest themselves in earnings and hence, earnings uncertainty remains, Bhattacharya added. He anticipates another lacklustre performance in the June quarter (FY26), with gradual improvement likely only in the September and December quarters. 'This is, of course, assuming that the global situation is stable," he said. Read this | Tariff gut punch sends markets reeling worldwide Moreover, renewed tension between India and Pakistan after a terror attack in Pahalgam, which claimed the lives of 26 people, has further put the market on edge. Investors are now awaiting clarity on a possible military retaliation from India after the government has shut its borders with Pakistan and withdrew from a water sharing treaty. Amid this looming sense of trepidation, investors might find some comfort in India Inc.'s profit margin expanding 140 basis points in Q4 over last year. However, sequentially, profit margins remained flat at 14.6%. Despite slowing demand, corporate profits rose at a faster pace of 12% on-year in the March quarter, compared with a 13.7% growth in the previous three months. Cost-cutting measures and benign raw material prices, particularly in the second half of the quarter, led to improved profitability, particularly for companies excluding the banking, financial services, and insurance (BFSI) sector, noted experts. The BFSI sector also exhibited a similar trend, where despite a 1.7% on-year fall in total income, the segment has so far reported a 9.2% rise in net profits over last year. Experts noted that while a moderating credit growth weighed on net interest income, banks benefited from exceptional gains in treasury income owing to falling yields of their government bond holdings. Similarly, non-bank financial companies took advantage of a falling interest rate scenario which reduced their borrowing costs and asset management companies charged higher expenses to make up for their falling assets under management (AUM), resulting in healthy net profits across the board. Also read | Market shift: Retail investors and HNIs turn bearish on index futures following Pahalgam attack 'Following the recent re-rating in banking stocks owing to regulatory tailwinds, the broader part of the banking rally is over. The Reserve Bank of India has created a growth conducive environment for all. Going forward it is about execution. Whoever executes better will be rewarded more," said Bhattacharya from Edelweiss Mutual Fund. Even though the market anticipates regulatory tailwinds to peter out in the near term for BFSI companies, 'I expect, financials to do good, IT company results to be divergent and consumer staples to not do well in Q4," said Rungta from LIC MF. 'We might see a couple of percentage points of EPS (earnings per share) downgrade in this quarter (Q4FY25). However, this is unlikely to significantly impact stock prices, as we had already factored in an additional 5–7% cut in our earnings estimates over the past three months, following President Trump's announcement of tariff implementations," he added. And read | The week in charts: IT earnings, growth forecast, gold prices
