LIC MF Flexi Cap Fund
The scheme seeks maximum possible capital growth consistent with reasonable levels of safety with predominant investment in equity, it may also take exposure in debt market securities. It was made in to an open-ended scheme from April 1998.
Growthvine rating: 1/5 — ranked #49 of 52 in category.
Fund basics
| Category | Equity: Flexi Cap |
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| NAV | ₹109.07 (as of 2026-08-21) |
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| AUM | ₹1,075 Cr |
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| Expense ratio | 1.90% |
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| Riskometer | Very High |
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| Fund manager | Nikhil Kapoor |
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| Exit load | For units in excess of 12% of the investment, 1% will be charged for redemption within 3 months |
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Performance & risk
| 5-year annualised return | 11.00% |
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| Sharpe ratio | 0.4 |
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| Standard deviation | 16.08% |
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| Max drawdown | -64.82% |
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| Alpha | -0.1 |
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| Beta | 0.98 |
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Over 5 years, captured 89.7% of Nifty 500's upside and 90.7% of its downside.
Market cap allocation
| Large cap | 49.6% |
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| Mid cap | 30.4% |
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| Small cap | 20.1% |
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Concentration
| Top 5 holdings | 18.7% |
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| Top 10 holdings | 34.2% |
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| Total holdings | 42 |
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| Index overlap | 21.4% |
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| Active share | 78.6% |
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Top holdings
- ICICI Bank Ltd. — 4.9%
- Solar Industries India Limited — 3.8%
- AXIS Bank Ltd. — 3.6%
- IndusInd Bank Ltd. — 3.2%
- Torrent Pharmaceuticals Ltd. — 3.2%
- Samvardhana Motherson International Limited — 3.1%
- InterGlobe Aviation Limited — 3.1%
- Navin Fluorine International Limited — 3.1%
- Larsen & Toubro Limited — 3.1%
- Eternal Limited — 3.1%
Top sectors
- Banking & Financial — 18.2%
- Automobile — 11.9%
- Pharma & Biotech — 9.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 6.5% | Q1 (Top) | #12 of 50 |
| 2025 | 2.0% | Q3 | #29 of 43 |
| 2024 | 18.8% | Q2 | #20 of 42 |
| 2023 | 28.8% | Q2 | #16 of 36 |
| 2022 | -2.6% | Q3 | #22 of 30 |