LIC MF (India) Fund

LIC MF is trading at 22.10 as of the 19th of September 2021, a -5.88 percent decrease since the beginning of the trading day. The fund's open price was 23.48. Equity ratings for LIC MF Tax are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of July 2021 and ending today, the 19th of September 2021. Click here to learn more.

LIC MF Fund Profile

The investment objective of the scheme is to provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. LIC MF is traded on Bombay Stock Exchange in India. more on LIC MF
LIC MF Tax is not yet fully synchronised with the market data
The fund holds about 5.92% of its total net assets in cash
Legal NameLIC MF Tax
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of LIC MF's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Beta In Three Year1.01
Startdate5th of March 2015
LIC MF Tax [0P00005WW4] is traded in India and was established 19th of September 2021. The fund is listed under ELSS (Tax Savings) category and is part of LIC Mutual Fund Asset Management Limited family. LIC MF Tax presently has accumulated 398.37 M in total net assets with minimum initial investment of 500.
Check LIC MF Probability Of Bankruptcy

LIC MF Target Price Odds Analysis

What are LIC MF's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of LIC MF jumping above the current price in 90 days from now is about 5.59%. The LIC MF Tax probability density function shows the probability of LIC MF fund to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon LIC MF has a beta of 0.1342. This suggests as returns on the market go up, LIC MF average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LIC MF Tax will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1787, implying that it can generate a 0.18 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 22.1HorizonTargetOdds Up 22.1 
94.33%90 days
 22.10 
5.59%
Based on a normal probability distribution, the odds of LIC MF to move above the current price in 90 days from now is about 5.59 (This LIC MF Tax probability density function shows the probability of 0P00005WW4 Fund to fall within a particular range of prices over 90 days) .

LIC MF Tax Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. LIC MF market risk premium is the additional return an investor will receive from holding LIC MF long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in LIC MF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although LIC MF's alpha and beta are two of the key measurements used to evaluate LIC MF's performance over the market, the standard measures of volatility play an important role as well.

LIC MF Against Markets

Picking the right benchmark for LIC MF fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in LIC MF fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for LIC MF is critical whether you are bullish or bearish towards LIC MF Tax at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with LIC MF fund to make a market-neutral strategy. Peer analysis of LIC MF could also be used in its relative valuation, which is a method of valuing LIC MF by comparing valuation metrics with similar companies.
Please continue to Trending Equities. Note that the LIC MF Tax information on this page should be used as a complementary analysis to other LIC MF's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Tools for 0P00005WW4 Fund

When running LIC MF Tax price analysis, check to measure LIC MF's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LIC MF is operating at the current time. Most of LIC MF's value examination focuses on studying past and present price action to predict the probability of LIC MF's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move LIC MF's price. Additionally, you may evaluate how the addition of LIC MF to your portfolios can decrease your overall portfolio volatility.
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