LIC MF Midcap Fund
The scheme seeks to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies.
Growthvine rating: 1/5 — ranked #27 of 33 in category.
Fund basics
| Category | Equity: Mid Cap |
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| NAV | ₹31.63 (as of 2026-08-20) |
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| AUM | ₹376 Cr |
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| Expense ratio | 2.10% |
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| Riskometer | Very High |
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| Fund manager | Manoj Bajpai |
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| Exit load | For units in excess of 12% of the investment, 1% will be charged for redemption within 12 months |
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Performance & risk
| Sharpe ratio | 0.6 |
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| Standard deviation | 18.90% |
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| Max drawdown | -21.92% |
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| Alpha | -1.4 |
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| Beta | 1.03 |
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Over 5 years, captured 95.5% of NIFTY Midcap 150's upside and 101.5% of its downside.
Market cap allocation
| Large cap | 12.5% |
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| Mid cap | 66.6% |
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| Small cap | 20.9% |
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Concentration
| Top 5 holdings | 17.1% |
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| Top 10 holdings | 30.4% |
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| Total holdings | 52 |
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| Index overlap | 31.2% |
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| Active share | 68.8% |
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Top holdings
- Info Edge(India) Ltd. — 4.2%
- Federal Bank Ltd. — 3.4%
- HITACHI ENERGY INDIA LIMITED — 3.3%
- COFORGE LIMITED — 3.2%
- GARWARE HI-TECH FILMS LIMITED — 3.0%
- Persistent Systems Limited — 2.9%
- DEE DEVELOPMENT ENGINEERS LIMITED — 2.7%
- UNO Minda Limited — 2.6%
- NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED — 2.5%
- Solar Industries India Limited — 2.5%
Top sectors
- Industrial Products — 17.8%
- Banking & Financial — 11.5%
- Electricals — 10.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 8.3% | Q2 | #12 of 31 |
| 2025 | -1.2% | Q4 (Bottom) | #24 of 29 |
| 2024 | 29.1% | Q2 | #14 of 29 |