LIC MF Focused Fund

The Scheme seeks to generate long term capital appreciation by investing in a concentrated portfolio of equity and equity related instruments of up to 30 companies across market capitalisation.

Growthvine rating: 1/5 — ranked #23 of 28 in category.

Fund basics

CategoryEquity: Focused
NAV₹22.35 (as of 2026-08-20)
AUM₹173 Cr
Expense ratio2.10%
RiskometerVery High
Fund managerMahesh Bendre
Exit loadFor units in excess of 12% of the investment, 1% will be charged for redemption within 12 months

Performance & risk

Sharpe ratio0.26
Standard deviation15.58%
Max drawdown-21.44%
Alpha-2.2
Beta0.95

Over 5 years, captured 85.7% of Nifty 500's upside and 96.8% of its downside.

Market cap allocation

Large cap44.6%
Mid cap27.5%
Small cap27.9%

Concentration

Top 5 holdings24.5%
Top 10 holdings43.8%
Total holdings28
Index overlap15.6%
Active share84.4%

Top holdings

Top sectors

Calendar-year track record

YearReturnQuartileCategory rank
2026 (partial)3.6%Q2#12 of 28
20254.5%Q3#15 of 28
202412.4%Q4 (Bottom)#25 of 27