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 #51 of 56 in category.
Fund basics
| Category | Equity: Flexi Cap |
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| NAV | ₹94.86 (as of 2026-10-23) |
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| AUM | ₹1,125 Cr |
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| Expense ratio | 1.91% |
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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 | 8.45% |
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| Sharpe ratio | 0.27 |
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| Standard deviation | 17.03% |
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| Max drawdown | −64.82% |
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| Alpha | 0.22 |
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| Beta | 1 |
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Over 5 years, captured 94.6% of Nifty 500's upside and 94.1% of its downside.
Market cap allocation
| Large cap | 42.0% |
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| Mid cap | 34.5% |
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| Small cap | 23.5% |
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Concentration
| Top 5 holdings | 19.3% |
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| Top 10 holdings | 34.6% |
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| Total holdings | 39 |
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| Index overlap | 16.7% |
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| Active share | 83.3% |
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Top holdings
- ICICI Bank Ltd. — 4.6%
- Solar Industries India Limited — 4.3%
- Samvardhana Motherson International Limited — 3.5%
- Navin Fluorine International Limited — 3.5%
- Eternal Limited — 3.4%
- InterGlobe Aviation Limited — 3.1%
- Neuland Laboratories Limited. — 3.1%
- Larsen & Toubro Limited — 3.0%
- 360 ONE WAM LIMITED — 3.0%
- IndusInd Bank Ltd. — 3.0%
Top sectors
- Banking & Financial — 15.1%
- Automobile — 13.7%
- Chemicals — 10.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −7.4% | Q3 | #27 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 |