LIC MF Multi Asset Allocation Fund
The scheme is to generate long term capital appreciation by investing in diversified portfolio of equity & equity related instruments, debt & money market instruments and units of Gold Exchange Traded Funds (ETFs).
Growthvine rating: 2/5 — ranked #33 of 48 in category.
Fund basics
| Category | Hybrid: Multi Asset |
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| NAV | ₹12.42 (as of 2026-08-21) |
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| AUM | ₹966 Cr |
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| Expense ratio | 1.80% |
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| Riskometer | Very High |
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| Fund manager | Pratik Harish Shroff |
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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
| Standard deviation | 0.00% |
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| Max drawdown | -13.67% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 124.8% of NIFTY Multi Asset - Equity : Debt : Arbitrage : REITs/InvITs (50:20:20:10) Index's upside and 102.9% of its downside.
Market cap allocation
| Large cap | 53.4% |
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| Mid cap | 27.0% |
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| Small cap | 19.6% |
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Concentration
| Top 5 holdings | 13.9% |
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| Top 10 holdings | 24.0% |
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| Total holdings | 48 |
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Top holdings
- LIC Mutual Fund — 14.2%
- ICICI Bank Ltd. — 3.8%
- Aditya Birla Sun Life Mutual Fund — 3.7%
- Bharti Airtel Ltd. — 2.6%
- InterGlobe Aviation Limited — 2.6%
- Axis Bank Ltd. # — 2.5%
- Larsen & Toubro Limited — 2.5%
- AXIS Bank Ltd. — 2.4%
- Jindal Stainless Limited — 2.1%
- SML Mahindra Limited — 2.1%
Top sectors
- Banking & Financial — 15.5%
- Construction — 5.9%
- Food Beverage & Tobacco — 5.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 1.4% | Q4 (Bottom) | #37 of 44 |