Fund Overview
Fund Size
₹392 Cr
Expense Ratio
1.78%
ISIN
INF397L01JK8
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
25 Jan 2017
About this fund
As of 28-Sep-26, it has a Net Asset Value (NAV) of ₹33.82, Assets Under Management (AUM) of 392.12 Crores, and an expense ratio of 1.78%.
- LIC MF Midcap Fund Direct Growth has given a CAGR return of 13.42% since inception.
- The fund's asset allocation comprises around 98.19% in equities, 0.00% in debts, and 1.81% in cash & cash equivalents.
- You can start investing in LIC MF Midcap Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+6.20%
+6.47% (Cat Avg.)
3 Years
+15.07%
+15.70% (Cat Avg.)
5 Years
+12.45%
+14.40% (Cat Avg.)
Since Inception
+13.42%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2026
| Equity | ₹385.02 Cr | 98.19% |
| Others | ₹7.11 Cr | 1.81% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Info Edge (India) Ltd | Equity | ₹17.07 Cr | 4.35% |
| Coforge Ltd | Equity | ₹13.9 Cr | 3.54% |
| The Federal Bank Ltd | Equity | ₹12.82 Cr | 3.27% |
| Garware Hi-Tech Films Ltd | Equity | ₹12.15 Cr | 3.10% |
| Motilal Oswal Financial Services Ltd | Equity | ₹11.42 Cr | 2.91% |
| Persistent Systems Ltd | Equity | ₹10.9 Cr | 2.78% |
| One97 Communications Ltd | Equity | ₹10.81 Cr | 2.76% |
| UNO Minda Ltd | Equity | ₹10.67 Cr | 2.72% |
| Thermax Ltd | Equity | ₹10.56 Cr | 2.69% |
| Multi Commodity Exchange of India Ltd | Equity | ₹10.44 Cr | 2.66% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹10.13 Cr | 2.58% |
| Solar Industries India Ltd | Equity | ₹10.05 Cr | 2.56% |
| Azad Engineering Ltd | Equity | ₹10.02 Cr | 2.55% |
| Indo MIM Ltd | Equity | ₹9.94 Cr | 2.53% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹9.67 Cr | 2.47% |
| KEI Industries Ltd | Equity | ₹9.39 Cr | 2.40% |
| Lenskart Solutions Ltd | Equity | ₹9.19 Cr | 2.34% |
| Kirloskar Oil Engines Ltd | Equity | ₹8.4 Cr | 2.14% |
| Schneider Electric Infrastructure Ltd | Equity | ₹8.15 Cr | 2.08% |
| CG Power & Industrial Solutions Ltd | Equity | ₹7.88 Cr | 2.01% |
| Treps | Cash - Repurchase Agreement | ₹7.85 Cr | 2.00% |
| Aurobindo Pharma Ltd | Equity | ₹7.66 Cr | 1.95% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹7.51 Cr | 1.92% |
| BSE Ltd | Equity | ₹7.33 Cr | 1.87% |
| APL Apollo Tubes Ltd | Equity | ₹7.21 Cr | 1.84% |
| Allied Blenders and Distillers Ltd | Equity | ₹7.02 Cr | 1.79% |
| Shakti Pumps (India) Ltd | Equity | ₹7 Cr | 1.79% |
| Dixon Technologies (India) Ltd | Equity | ₹6.77 Cr | 1.73% |
| Bharat Forge Ltd | Equity | ₹6.76 Cr | 1.72% |
| Endurance Technologies Ltd | Equity | ₹6.54 Cr | 1.67% |
| Schaeffler India Ltd | Equity | ₹6.49 Cr | 1.66% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹6.46 Cr | 1.65% |
| Jindal Stainless Ltd | Equity | ₹6.32 Cr | 1.61% |
| Shriram Finance Ltd | Equity | ₹6.1 Cr | 1.56% |
| National Aluminium Co Ltd | Equity | ₹5.94 Cr | 1.51% |
| SRF Ltd | Equity | ₹5.8 Cr | 1.48% |
| Fortis Healthcare Ltd | Equity | ₹5.49 Cr | 1.40% |
| PB Fintech Ltd | Equity | ₹5.43 Cr | 1.38% |
| DEE Development Engineers Ltd | Equity | ₹5.4 Cr | 1.38% |
| Alkem Laboratories Ltd | Equity | ₹5.3 Cr | 1.35% |
| Coromandel International Ltd | Equity | ₹5.25 Cr | 1.34% |
| Sirca Paints India Ltd Ordinary Shares | Equity | ₹5.22 Cr | 1.33% |
| Trent Ltd | Equity | ₹5.18 Cr | 1.32% |
| GE Vernova T&D India Ltd | Equity | ₹5.16 Cr | 1.31% |
| Manorama Industries Ltd | Equity | ₹4.87 Cr | 1.24% |
| Honeywell Automation India Ltd | Equity | ₹3.97 Cr | 1.01% |
| PI Industries Ltd | Equity | ₹3.77 Cr | 0.96% |
| Anthem Biosciences Ltd | Equity | ₹3.64 Cr | 0.93% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹3.62 Cr | 0.92% |
| JK Cement Ltd | Equity | ₹3.23 Cr | 0.82% |
| Aster DM Quality Care Ltd Ordinary Shares | Equity | ₹2.72 Cr | 0.69% |
| SML Mahindra Ltd | Equity | ₹2.35 Cr | 0.60% |
| Net Receivables / (Payables) | Cash | ₹-0.74 Cr | 0.19% |
Allocation By Market Cap (Equity)
Large Cap Stocks
11.90%
Mid Cap Stocks
64.74%
Small Cap Stocks
19.01%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹112.17 Cr | 28.60% |
| Financial Services | ₹69.66 Cr | 17.77% |
| Basic Materials | ₹66.64 Cr | 16.99% |
| Technology | ₹42.37 Cr | 10.81% |
| Healthcare | ₹33.99 Cr | 8.67% |
| Consumer Cyclical | ₹31.23 Cr | 7.96% |
| Communication Services | ₹17.07 Cr | 4.35% |
| Consumer Defensive | ₹11.89 Cr | 3.03% |
Risk & Performance Ratios
Standard Deviation
This fund
18.93%
Cat. avg.
17.82%
Lower the better
Sharpe Ratio
This fund
0.65
Cat. avg.
0.67
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.04
Higher the better
Fund Managers
Sudhanshu Asthana
Since September 2026
Additional Scheme Detailsas of 31st August 2026
ISIN INF397L01JK8 | Expense Ratio 1.78% | Exit Load 1.00% | Fund Size ₹392 Cr | Age 9 years 8 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Midcap 150 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| The Wealth Company Mid Cap Fund Regular Growth Very High Risk | 2.5% | 1.0% | ₹170.84 Cr | - |
| The Wealth Company Mid Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹170.84 Cr | - |
| SBI Nifty Midcap 150 ETF Very High Risk | 0.2% | - | ₹14.15 Cr | - |
| Kotak Nifty Midcap 50 ETF Very High Risk | 0.3% | - | ₹213.87 Cr | 8.6% |
| TRUSTMF Mid Cap Fund Direct Growth Very High Risk | 2.0% | 1.0% | ₹588.36 Cr | - |
| TRUSTMF Mid Cap Fund Regular Growth Very High Risk | 3.6% | 1.0% | ₹588.36 Cr | - |
| Samco Mid Cap Fund Direct Growth Very High Risk | 1.7% | 1.0% | ₹81.08 Cr | - |
| Samco Mid Cap Fund Regular Growth Very High Risk | 3.2% | 1.0% | ₹81.08 Cr | - |
| DSP Nifty Midcap 150 ETF Very High Risk | 0.4% | - | ₹13.22 Cr | - |
| Groww Nifty Midcap 150 ETF Very High Risk | 0.3% | - | ₹6.51 Cr | - |
| Bank of India Mid Cap Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹766.60 Cr | 5.0% |
| Bank of India Mid Cap Fund Regular Growth Very High Risk | 2.6% | 1.0% | ₹766.60 Cr | 4.0% |
| Kotak Nifty Midcap 150 ETF Very High Risk | 0.1% | - | ₹14.43 Cr | 5.8% |
| Helios Mid Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹2228.71 Cr | 12.1% |
| Helios Mid Cap Fund Regular Growth Very High Risk | 2.5% | 1.0% | ₹2228.71 Cr | 10.4% |
| ICICI Prudential Nifty Midcap 150 ETF Very High Risk | 0.2% | - | ₹790.84 Cr | 5.9% |
| ICICI Prudential Midcap Select ETF Very High Risk | 0.2% | - | ₹117.40 Cr | 10.1% |
| Zerodha Nifty Midcap 150 ETF Very High Risk | 0.2% | - | ₹275.24 Cr | 6.5% |
| LIC MF Nifty Midcap 100 ETF Very High Risk | 0.2% | - | ₹683.42 Cr | 6.6% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹163.82 Cr | 5.6% |
| UTI Nifty Midcap 150 ETF Very High Risk | 0.3% | - | ₹13.49 Cr | 5.7% |
| Invesco India Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹15905.31 Cr | 8.9% |
| HSBC Midcap Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹17188.24 Cr | 18.2% |
| Canara Robeco Mid Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹5231.03 Cr | 5.6% |
| Canara Robeco Mid Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹5231.03 Cr | 6.9% |
| ICICI Prudential Midcap Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹8403.30 Cr | 13.8% |
| Nippon India Growth Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹52270.55 Cr | 7.7% |
| Edelweiss Mid Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹19924.32 Cr | 7.3% |
| Invesco India Mid Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹15905.31 Cr | 10.1% |
| Kotak Emerging Equity Scheme Direct Growth Very High Risk | 0.5% | 1.0% | ₹71256.26 Cr | 5.0% |
| JM Midcap Fund Regular Growth High Risk | 2.5% | 1.0% | ₹1360.29 Cr | 8.5% |
| JM Midcap Fund Direct Growth High Risk | 1.0% | 1.0% | ₹1360.29 Cr | 10.2% |
| Mirae Asset Nifty Midcap 150 ETF Very High Risk | 0.1% | - | ₹1873.79 Cr | 5.9% |
| DSP Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹21018.54 Cr | 3.1% |
| Kotak Emerging Equity Scheme Regular Growth Very High Risk | 1.5% | 1.0% | ₹71256.26 Cr | 4.0% |
| ICICI Prudential Midcap Select ETF Very High Risk | 0.1% | - | ₹79.99 Cr | 36.3% |
| ICICI Prudential Nifty Midcap 150 ETF Very High Risk | 0.1% | - | ₹424.94 Cr | 26.8% |
| HDFC Mid-Cap Opportunities Fund Regular Growth Very High Risk | 1.3% | 1.0% | ₹108324.55 Cr | 5.6% |
| Nippon India ETF Nifty Midcap 150 Very High Risk | 0.2% | - | ₹4062.74 Cr | 5.8% |
| UTI Mid Cap Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹12795.44 Cr | 3.8% |
| Axis Midcap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹35425.07 Cr | 7.2% |
| HDFC Mid-Cap Opportunities Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹108324.55 Cr | 6.2% |
| Aditya Birla Sun Life Mid Cap Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹6966.29 Cr | 7.4% |
| Baroda BNP Paribas Mid Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹2657.78 Cr | 9.3% |
| SBI Magnum Midcap Fund Direct Growth Very High Risk | 1.0% | 0.0% | ₹24518.32 Cr | 4.9% |
| Sundaram Mid Cap Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹14863.43 Cr | 6.1% |
| Tata Mid Cap Growth Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹6240.29 Cr | 6.1% |
| Taurus Discovery (Midcap) Fund Direct Growth Very High Risk | 2.3% | 1.0% | ₹139.85 Cr | 6.5% |
| DSP Midcap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹21018.54 Cr | 4.1% |
| Quant Mid Cap Fund Direct Growth Very High Risk | 1.2% | 0.0% | ₹8055.58 Cr | 5.4% |
About the AMC
LIC Mutual Fund
Total AUM
₹50,417 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Take control of your wealth
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- Sudhanshu Asthana
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