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: 2/5 — ranked #26 of 34 in category.
Fund basics
| Category | Equity: Mid Cap |
|---|
| NAV | ₹28.11 (as of 2026-10-22) |
|---|
| AUM | ₹392 Cr |
|---|
| Expense ratio | 2.10% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Sudhanshu Asthana |
|---|
| Exit load | For units in excess of 12% of the investment, 1% will be charged for redemption within 12 months |
|---|
Performance & risk
| Sharpe ratio | 0.46 |
|---|
| Standard deviation | 19.46% |
|---|
| Max drawdown | −21.92% |
|---|
| Alpha | -0.44 |
|---|
| Beta | 1.03 |
|---|
Over 5 years, captured 98.1% of NIFTY Midcap 150's upside and 100.2% of its downside.
Market cap allocation
| Large cap | 2.8% |
|---|
| Mid cap | 82.8% |
|---|
| Small cap | 14.4% |
|---|
Concentration
| Top 5 holdings | 17.6% |
|---|
| Top 10 holdings | 32.1% |
|---|
| Total holdings | 39 |
|---|
| Index overlap | 31.5% |
|---|
| Active share | 68.5% |
|---|
Top holdings
- Treps — 5.7%
- AU Small Finance Bank Limited — 4.0%
- Indo Mim Ltd — 3.9%
- Aurobindo Pharma Ltd. — 3.7%
- FSN E-Commerce Ventures Limited — 3.0%
- Neuland Laboratories Limited. — 3.0%
- UNO Minda Limited — 3.0%
- Motilal Oswal Financial Services Limited — 3.0%
- Info Edge(India) Ltd. — 2.9%
- One 97 Communications Limited — 2.9%
Top sectors
- Banking & Financial — 17.9%
- Retail — 10.7%
- Pharma & Biotech — 8.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −3.8% | Q2 | #13 of 31 |
| 2025 | −1.2% | Q4 (Bottom) | #24 of 29 |
| 2024 | 29.1% | Q2 | #14 of 29 |