LIC MF Small Cap Fund Direct Growth

Fund Overview

Fund Size

₹518 Cr

Expense Ratio

0.97%

ISIN

INF397L01JS1

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

21 Jun 2017

About this fund

LIC MF Small Cap Fund Direct Growth is a Small-Cap mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 7 years, 10 months and 22 days, having been launched on 21-Jun-17.
As of 12-May-25, it has a Net Asset Value (NAV) of ₹31.51, Assets Under Management (AUM) of 517.66 Crores, and an expense ratio of 0.97%.

LIC MF Small Cap Fund Direct Growth has given a CAGR return of 15.66% since inception.
The fund's asset allocation comprises around 96.00% in equities, 0.00% in debts, and 4.00% in cash & cash equivalents.
You can start investing in LIC MF Small Cap 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

+8.67%

+4.19% (Cat Avg.)

3 Years

+23.10%

+20.00% (Cat Avg.)

5 Years

+34.08%

+34.28% (Cat Avg.)

Since Inception

+15.66%

— (Cat Avg.)

Portfolio Summaryas of 30th April 2025

Equity	₹496.96 Cr	96.00%
Others	₹20.7 Cr	4.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps	Cash - Repurchase Agreement	₹23.07 Cr	4.46%
Sanathan Textiles Ltd	Equity	₹16.82 Cr	3.25%
JTL Industries Ltd	Equity	₹16.28 Cr	3.14%
Housing & Urban Development Corp Ltd	Equity	₹15.9 Cr	3.07%
Manorama Industries Ltd	Equity	₹14.7 Cr	2.84%
TD Power Systems Ltd	Equity	₹14.16 Cr	2.73%
Concord Enviro Systems Ltd	Equity	₹13.64 Cr	2.63%
Hindustan Foods Ltd	Equity	₹11.78 Cr	2.27%
International Gemmological Institute (India) Ltd	Equity	₹11.73 Cr	2.27%
Praveg Ltd Ordinary Shares	Equity	₹11.68 Cr	2.26%
Navkar Corp Ltd	Equity	₹10.86 Cr	2.10%
Piramal Pharma Ltd	Equity	₹10.28 Cr	1.99%
Navin Fluorine International Ltd	Equity	₹10.25 Cr	1.98%
Himatsingka Seide Ltd	Equity	₹10.19 Cr	1.97%
Enviro Infra Engineers Ltd	Equity	₹10.06 Cr	1.94%
Allied Blenders and Distillers Ltd	Equity	₹10.02 Cr	1.94%
Johnson Controls - Hitachi Air Conditioning India Ltd	Equity	₹9.98 Cr	1.93%
Shakti Pumps (India) Ltd	Equity	₹9.98 Cr	1.93%
KSB Ltd	Equity	₹9.71 Cr	1.87%
Tata Power Co Ltd	Equity	₹9.49 Cr	1.83%
Exide Industries Ltd	Equity	₹9.49 Cr	1.83%
Kilburn Engineering Ltd	Equity	₹9.4 Cr	1.82%
Kross Ltd	Equity	₹8.63 Cr	1.67%
Seamec Ltd	Equity	₹8.62 Cr	1.66%
Blue Star Ltd	Equity	₹8.38 Cr	1.62%
Aeroflex Industries Ltd	Equity	₹8.34 Cr	1.61%
Ramkrishna Forgings Ltd	Equity	₹8.3 Cr	1.60%
CESC Ltd	Equity	₹8.22 Cr	1.59%
Artemis Medicare Services Ltd Ordinary Shares	Equity	₹8.22 Cr	1.59%
Avalon Technologies Ltd	Equity	₹7.9 Cr	1.53%
Quality Power Electrical Equipments Ltd	Equity	₹7.4 Cr	1.43%
Arvind Fashions Ltd	Equity	₹7.33 Cr	1.42%
Lemon Tree Hotels Ltd	Equity	₹7.13 Cr	1.38%
SRF Ltd	Equity	₹7.07 Cr	1.37%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹7.01 Cr	1.35%
Neuland Laboratories Ltd	Equity	₹6.89 Cr	1.33%
Kirloskar Oil Engines Ltd	Equity	₹6.88 Cr	1.33%
Bikaji Foods International Ltd	Equity	₹6.86 Cr	1.33%
VA Tech Wabag Ltd	Equity	₹6.75 Cr	1.30%
Aditya Birla Sun Life AMC Ltd	Equity	₹6.71 Cr	1.30%
Texmaco Rail & Engineering Ltd	Equity	₹6.69 Cr	1.29%
Ion Exchange (India) Ltd	Equity	₹6.34 Cr	1.23%
Ingersoll-Rand (India) Ltd	Equity	₹5.83 Cr	1.13%
Dixon Technologies (India) Ltd	Equity	₹5.82 Cr	1.13%
Arvind Ltd	Equity	₹5.82 Cr	1.12%
Triveni Engineering & Industries Ltd	Equity	₹5.66 Cr	1.09%
JK Tyre & Industries Ltd	Equity	₹5.55 Cr	1.07%
Kennametal India Ltd	Equity	₹5.46 Cr	1.05%
E I D Parry India Ltd	Equity	₹5.03 Cr	0.97%
REC Ltd	Equity	₹4.83 Cr	0.93%
S.P. Apparels Ltd	Equity	₹4.76 Cr	0.92%
Praj Industries Ltd	Equity	₹4.74 Cr	0.91%
PI Industries Ltd	Equity	₹4.62 Cr	0.89%
Zaggle Prepaid Ocean Services Ltd	Equity	₹4.43 Cr	0.86%
Mrs Bectors Food Specialities Ltd Ordinary Shares	Equity	₹4.35 Cr	0.84%
Saregama India Ltd	Equity	₹3.98 Cr	0.77%
Gujarat State Petronet Ltd	Equity	₹3.9 Cr	0.75%
Bharat Heavy Electricals Ltd	Equity	₹3.86 Cr	0.75%
PNC Infratech Ltd	Equity	₹3.31 Cr	0.64%
Tata Technologies Ltd	Equity	₹3.1 Cr	0.60%
Vedant Fashions Ltd	Equity	₹2.98 Cr	0.58%
Vishal Mega Mart Ltd	Equity	₹2.62 Cr	0.51%
Net Receivables / (Payables)	Cash	₹-2.37 Cr	0.46%
VRL Logistics Ltd	Equity	₹2.29 Cr	0.44%
Ador Welding Ltd	Equity	₹2.25 Cr	0.43%
Suraj Estate Developers Ltd	Equity	₹2.13 Cr	0.41%
Vinati Organics Ltd	Equity	₹1.76 Cr	0.34%
R K Swamy Ltd	Equity	₹1.75 Cr	0.34%
Chennai Petroleum Corp Ltd	Equity	₹0.04 Cr	0.01%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Industrials	₹178.45 Cr	34.47%
Consumer Cyclical	₹98.32 Cr	18.99%
Basic Materials	₹49.68 Cr	9.60%
Consumer Defensive	₹41.59 Cr	8.03%
Utilities	₹35.25 Cr	6.81%
Financial Services	₹27.45 Cr	5.30%
Healthcare	₹25.39 Cr	4.90%
Technology	₹21.25 Cr	4.11%
Communication Services	₹17.41 Cr	3.36%
Real Estate	₹2.13 Cr	0.41%
Energy	₹0.04 Cr	0.01%

Risk & Performance Ratios

Fund Managers

Nikhil Rungta

Since July 2024

Mahesh Bendre

Since July 2024

Additional Scheme Detailsas of 30th April 2025

ISIN

INF397L01JS1

Expense Ratio

0.97%

Exit Load

1.00%

Fund Size

₹518 Cr

Age

7 years 10 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Smallcap 250 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.

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Motilal Oswal Nifty Smallcap 250 ETF Very High Risk	0.3%	-	₹91.57 Cr	3.7%
Motilal Oswal Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4331.97 Cr	17.6%
Motilal Oswal Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹4331.97 Cr	19.4%
Quantum Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹114.99 Cr	9.2%
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Baroda BNP Paribas Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1214.68 Cr	4.1%
Baroda BNP Paribas Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹1214.68 Cr	2.7%
Sundaram Emerging Small Cap - Series VI Regular Growth Low Risk	1.3%	0.0%	₹45.47 Cr	7.2%
Sundaram Emerging Small Cap - Series VI Direct Growth Low Risk	0.8%	0.0%	₹45.47 Cr	7.8%
Sundaram Emerging Small Cap - Series VII Regular Growth Low Risk	1.4%	0.0%	₹159.75 Cr	10.9%
Sundaram Emerging Small Cap - Series VII Direct Growth Low Risk	1.0%	0.0%	₹159.75 Cr	11.3%
Sundaram Emerging Small Cap - Series V Regular Growth Low Risk	1.3%	0.0%	₹83.88 Cr	6.9%
Sundaram Emerging Small Cap - Series V Direct Growth Low Risk	0.8%	0.0%	₹83.88 Cr	7.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth Very High Risk	1.2%	0.0%	₹33.85 Cr	4.2%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Regular Growth Very High Risk	1.4%	0.0%	₹33.85 Cr	3.9%
Union Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹1468.36 Cr	4.9%
Union Small Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹1468.36 Cr	6.1%
HDFC Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹30223.46 Cr	5.9%
Kotak Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹15706.46 Cr	6.5%
ICICI Prudential Smallcap Fund Direct Growth Very High Risk	0.9%	1.0%	₹7392.39 Cr	4.4%
Nippon India Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹58028.59 Cr	6.1%
Nippon India Small Cap Fund Regular Growth Very High Risk	1.5%	1.0%	₹58028.59 Cr	5.3%
Invesco India Smallcap Fund Direct Growth Very High Risk	0.4%	1.0%	₹6199.69 Cr	15.5%
Invesco India Smallcap Fund Regular Growth Very High Risk	1.8%	1.0%	₹6199.69 Cr	13.9%
ICICI Prudential Smallcap Fund Regular Growth Very High Risk	1.8%	1.0%	₹7392.39 Cr	3.3%
ITI Small Cap Fund Regular Growth Very High Risk	2.0%	1.0%	₹2219.20 Cr	9.7%
ITI Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2219.20 Cr	11.4%
Mahindra Manulife Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹3570.02 Cr	3.5%
Mahindra Manulife Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹3570.02 Cr	5.1%
Canara Robeco Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹11475.45 Cr	6.9%
Canara Robeco Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹11475.45 Cr	8.2%
Aditya Birla Sun Life Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4531.40 Cr	5.7%
DSP Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹14258.03 Cr	6.9%
UTI Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4237.54 Cr	13.4%
UTI Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹4237.54 Cr	14.8%
Tata Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹9417.80 Cr	6.3%
Aditya Birla Sun Life Small Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹4531.40 Cr	6.8%
Tata Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹9417.80 Cr	7.7%
Sundaram Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3058.33 Cr	7.9%
Edelweiss Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹4237.19 Cr	10.2%
Edelweiss Small Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹4237.19 Cr	8.6%
LIC MF Small Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹517.66 Cr	8.7%
LIC MF Small Cap Fund Regular Growth Very High Risk	2.4%	1.0%	₹517.66 Cr	7.4%
SBI Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹31790.25 Cr	5.5%

About the AMC

LIC Mutual Fund

+91 022-66016000

https://www.licmf.com/

Total AUM

₹2,152 Cr

Address

4th Floor, Industrial Assurance Building, Mumbai, 400 020

Other Funds by LIC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
LIC MF Gold ETF FOF Direct Growth High Risk	0.2%	1.0%	₹125.45 Cr	33.4%
LIC MF Equity Savings Fund Direct Growth Moderately High risk	1.3%	1.0%	₹19.34 Cr	11.2%
LIC MF Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹93.73 Cr	2.0%
LIC MF Focused 30 Equity Direct Growth Very High Risk	1.6%	1.0%	₹132.12 Cr	10.8%
LIC MF Long Term Value Fund Direct Growth Very High Risk	1.0%	1.0%	₹152.58 Cr	7.4%
LIC MF Healthcare Fund Direct Growth Very High Risk	1.2%	1.0%	₹84.18 Cr	18.1%
LIC MF Small Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹517.66 Cr	8.7%
LIC MF Midcap Fund Direct Growth Very High Risk	1.3%	1.0%	₹306.30 Cr	12.4%
LIC MF Dividend Yield Fund Direct Growth Very High Risk	0.7%	1.0%	₹509.45 Cr	14.4%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of LIC MF Small Cap Fund Direct Growth?

The NAV of LIC MF Small Cap Fund Direct Growth, as of 12-May-2025, is ₹31.51.

What are the returns of LIC MF Small Cap Fund Direct Growth?

The fund has generated 8.67% over the last 1 year and 23.10% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of LIC MF Small Cap Fund Direct Growth?

The fund's allocation of assets is distributed as 96.00% in equities, 0.00% in bonds, and 4.00% in cash and cash equivalents.

Who manages the LIC MF Small Cap Fund Direct Growth?

The fund managers responsible for LIC MF Small Cap Fund Direct Growth are:-

Nikhil Rungta
Mahesh Bendre

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹518 Cr

Expense Ratio

0.97%

ISIN

INF397L01JS1

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

21 Jun 2017

Risk Level

Your principal amount will be at Very High Risk