Should I invest in LICMF SYSTEMATIC ASSET ALLOCATION FUND?

We don't give personal investment advice. LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 30.1%. 5-year CAGR: 0.40%.

LIC

LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.00%	+0.06%	-0.06	21 / 37	Q3
1W	+1.44%	-7.52%	+8.96	11 / 40	Q2
2W	+2.25%	-7.64%	+9.89	5 / 40	Q1
1M	+6.96%	-7.66%	+14.62	3 / 40	Q1
3M	-0.96%	-9.18%	+8.22	17 / 40	Q2
6M	+3.09%	-5.67%	+8.75	15 / 39	Q2
YTD	-0.97%	-3.70%	+2.73	20 / 40	Q2
1Y	+14.11%	-4.99%	+19.11	10 / 41	Q1
2Y	+1.18%	-11.97%	+13.15	22 / 40	Q3
3Y	+0.46%	-14.60%	+15.06	23 / 38	Q3
4Y	+2.22%	-20.79%	+23.01	11 / 29	Q2
5Y	+0.40%	-6.40%	+6.81	18 / 25	Q3
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.35%	-12.19%	+12.54	27 / 44	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2013 YTD	-0.97%	+0.94%	-1.91	18 / 21
2012	+25.85%	+19.42%	+6.43	6 / 25
2011	-28.20%	-16.46%	-11.74	25 / 29
2010	—	—	—	—
2009	+20.23%	+37.12%	-16.90	19 / 31
2008	-16.38%	-26.22%	+9.84	8 / 29
2007	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.15%

56 windows

min -21.6% · max 24.2%

50% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

-0.14%

32 windows

min -5.2% · max 4.0%

47% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+0.05%

8 windows

min -0.5% · max 0.6%

63% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

18.55%

3-year · annualised

Sharpe ratio

-0.25

vs risk-free 6.5%

Sortino ratio

-0.40

Downside-only deviation

Max drawdown

-30.06%

Nov 2010 → Dec 2011

% positive months

41.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
6 May 2013	₹10.2555
3 May 2013	₹10.2046
2 May 2013	₹10.3014
30 Apr 2013	₹10.1703
29 Apr 2013	₹10.1099
26 Apr 2013	₹10.0756
25 Apr 2013	₹10.1394
23 Apr 2013	₹10.0147
22 Apr 2013	₹10.0299
18 Apr 2013	₹9.9409

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION is a Balanced from LIC (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION has NAV history starting from 10 Oct 2007, a track record of about 18 years 7 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION is managed by LIC. It's classified by AMFI under the 'Balanced' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION has delivered a absolute return of 14.11% — +19.11 pp ahead of the Balanced category average of -4.99%. The fund ranks #10 of 41 in its category — the top (Q1) quartile.

Over the trailing 3-year window, LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION has delivered a CAGR of 0.46% — +15.06 pp ahead of the Balanced category average of -14.60%. The fund ranks #23 of 38 in its category — the third (Q3) quartile.

Over the trailing 5-year window, LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION has delivered a CAGR of 0.40% — +6.81 pp ahead of the Balanced category average of -6.40%. The fund ranks #18 of 25 in its category — the third (Q3) quartile.

₹1 lakh invested in LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION exactly 5 years ago would be worth approximately ₹102,041 today — a multiplier of 1.02×, based on the 5-year CAGR of 0.40%. The category average over the same window would have grown ₹1 lakh to ₹71,837.

A ₹10,000 monthly SIP in LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION over the last 5 years — total invested ₹600,000 — would be worth ₹632,408 today. That's an XIRR (money-weighted annualised return) of 2.07%.

LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹632,408 — XIRR 2.07%.

On a 5-year basis, LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION ranks #18 out of 25 funds in the Balanced category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -6.40%; this fund delivered 0.40%.

The worst peak-to-trough decline LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION has experienced over the last 5-year window is 30.06% — its NAV fell from a high on 09 Nov 2010 to a low on 20 Dec 2011. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION averaged 0.05% (best 0.63%, worst -0.49%). 62% of rolling windows ended positive. The 5-year Sharpe ratio is -0.26 — negative risk-adjusted performance.

In calendar year 2012, LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION returned 25.85% — beating the Balanced category average of 19.42% by 6.43 pp. It ranked #6 of 25 in its category that year.

LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. LICMF SYSTEMATIC ASSET ALLOCATION FUND - DIVIDEND OPTION is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 30.1%. 5-year CAGR: 0.40%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.