LIC MF SmallCap 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 Small-cap Companies.
Growthvine rating: 4/5 — ranked #9 of 37 in category.
Fund basics
| Category | Equity: Small Cap |
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| NAV | ₹34.52 (as of 2026-10-01) |
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| AUM | ₹758 Cr |
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| Expense ratio | 1.99% |
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| Riskometer | Very High |
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| Fund manager | Dikshit Mittal |
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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 | 0.61 |
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| Standard deviation | 21.76% |
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| Max drawdown | −27.21% |
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| Alpha | 1.04 |
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| Beta | 0.96 |
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Over 5 years, captured 94.1% of NIFTY Smallcap 250's upside and 82.9% of its downside.
Market cap allocation
| Large cap | 1.6% |
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| Mid cap | 5.9% |
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| Small cap | 92.5% |
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Concentration
| Top 5 holdings | 17.8% |
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| Top 10 holdings | 29.4% |
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| Total holdings | 56 |
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| Index overlap | 13.4% |
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| Active share | 86.6% |
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Top holdings
- Treps — 5.3%
- GARWARE HI-TECH FILMS LIMITED — 4.9%
- Avalon Technologies Limited — 4.1%
- Manorama Industries Limited — 3.2%
- Navin Fluorine International Limited — 3.1%
- Allied Blenders and Distillers Limited — 2.5%
- Brigade Enterprises Limited — 2.5%
- Ather Energy Limited — 2.4%
- Pricol Limited — 2.3%
- Oracle Financial Services Software Limited — 2.2%
Top sectors
- Industrial Products — 19.6%
- Automobile — 11.1%
- Banking & Financial — 8.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 17.3% | Q1 (Top) | #7 of 34 |
| 2025 | −13.4% | Q4 (Bottom) | #30 of 30 |
| 2024 | 40.0% | Q1 (Top) | #3 of 28 |