LIC MF Focused Fund
- NAV as on 25 Sep 2026
- ₹21.91-0.02%1 day
- Return since launch
- 9.3%
- 52-week range
- ₹18.44 — ₹22.60
- AUM
- ₹175 Cr
LIC MF Focused Fund is a Focused equity fund from LIC Mutual Fund with ₹175 Cr under management, launched in 2017. Over three years it has returned 5.6% a year, against 11.3% for its category. The expense ratio is 3.82% and the SEBI riskometer reading is Very High.
Performance
LIC MF Focused Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.3% against +1.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 9.1% | +5.7 pts | 3.4% | 1.8% |
| 2Y | 4.8% | +1.5 pts | 3.3% | 2.3% |
| 3Y | 5.6% | −5.6 pts | 11.3% | 4.6% |
| 5Y | 8.2% | −1.2 pts | 9.3% | 9.1% |
| 7Y | 10.8% | −1.8 pts | 12.7% | 12.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.0% | +2.6 pts | -3.7% | -3.5% |
| 3M | 2.4% | +1.8 pts | 0.6% | 0.5% |
| 6M | 15.3% | +3.2 pts | 12.2% | 11.1% |
| 1Y | 4.3% | +0.9 pts | 3.4% | 1.7% |
| 2Y | -2.9% | −1.0 pts | -1.9% | -2.4% |
| 3Y | 8.6% | −2.7 pts | 11.3% | 10.2% |
| 5Y | 7.3% | −2.1 pts | 9.3% | 8.6% |
| 7Y | 12.1% | −1.7 pts | 13.8% | 13.3% |
Since launch (30 Oct 2017): 9.3%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 4.5% | −1.6 pts | 6.0% |
| 2024 | 12.3% | −8.6 pts | 20.9% |
| 2023 | 18.1% | −9.6 pts | 27.7% |
| 2022 | 1.2% | −1.2 pts | 2.4% |
| 2021 | 27.1% | −6.1 pts | 33.2% |
| 2020 | 18.7% | +1.2 pts | 17.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
3.65%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.36%
- Transaction charges
- 0.02%
- Statutory levies
- 1.17%
- Exit load
- Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -1.96 | 5.04 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.95 | 0.96 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.29 | 0.74 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.37 | 1.00 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.57 | 15.86 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
LIC MF Focused Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity95.0%
- Other5.0%
Market cap split
- Large44.3%
- Mid26.8%
- Small28.9%
- P/E
- 11.06
- P/B
- 3.37
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Tata Motors Passenger Vehicles Ltd. | Automobile | 7.25% | ₹12.71 Cr | +3.82% | +1.61% | — |
| INDO-MIM Ltd. | Capital Goods | 5.38% | ₹9.43 Cr | — | — | — |
| Others | Others | 5.01% | ₹8.78 Cr | +1.00% | -0.20% | -0.50% |
| Tata Motors Ltd. | Automobile | 4.41% | ₹7.73 Cr | +4.73% | — | — |
| Garware Hi-Tech Films Ltd. | Materials | 4.13% | ₹7.24 Cr | +4.03% | — | — |
| Bharat Forge Ltd. | Automobile | 4.04% | ₹7.08 Cr | +2.73% | — | — |
| State Bank of India | Financial | 4.04% | ₹7.08 Cr | +4.70% | — | — |
| Oracle Financial Services Software Ltd. | Technology | 4.03% | ₹7.06 Cr | — | — | — |
| ICICI Bank Ltd. | Financial | 3.94% | ₹6.91 Cr | +4.68% | — | — |
| Interglobe Aviation Ltd. | Services | 3.93% | ₹6.89 Cr | +4.80% | +1.81% | — |
| The Phoenix Mills Ltd. | Construction | 3.53% | ₹6.19 Cr | — | — | — |
| NTPC Ltd. | Energy | 3.48% | ₹6.09 Cr | — | — | — |
| Schaeffler India Ltd. | Capital Goods | 3.38% | ₹5.93 Cr | +4.94% | — | — |
| KSH International Ltd. | Capital Goods | 3.23% | ₹5.66 Cr | +4.35% | — | — |
| Tata Power Company Ltd. | Energy | 3.16% | ₹5.54 Cr | +4.11% | — | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 3.11% | ₹5.46 Cr | +3.63% | — | +2.99% |
| Schneider Electric Infrastructure Ltd. | Capital Goods | 3.01% | ₹5.28 Cr | — | — | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.88% | ₹5.04 Cr | +3.81% | — | — |
| Divgi TorqTransfer Systems Ltd. | Automobile | 2.87% | ₹5.04 Cr | +3.11% | — | — |
| company:1190 | Automobile | 2.87% | ₹5.03 Cr | — | — | — |
| Axis Bank Ltd. | Financial | 2.72% | ₹4.77 Cr | +2.89% | — | — |
| Metro Brands Ltd. | Consumer Discretionary | 2.69% | ₹4.72 Cr | +3.21% | +1.95% | +1.00% |
| company:20327 | Automobile | 2.65% | ₹4.65 Cr | — | — | — |
| Mahindra Lifespace Developers Ltd. | Construction | 2.41% | ₹4.23 Cr | +3.51% | — | — |
| Hyundai Motor India Ltd. | Automobile | 2.36% | ₹4.14 Cr | — | — | — |
| Shriram Finance Ltd | Financial | 2.19% | ₹3.84 Cr | +2.52% | +1.99% | +4.21% |
| Bharat Dynamics Ltd. | Capital Goods | 2.00% | ₹3.51 Cr | +2.03% | — | — |
| Foseco India Ltd. | Chemicals | 1.90% | ₹3.33 Cr | +2.12% | +3.74% | +3.39% |
| Infosys Ltd. | Technology | 1.75% | ₹3.06 Cr | +1.92% | — | — |
| company:276 | Textiles | 1.64% | ₹2.87 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Lenskart Solutions Ltd. | 3.17% | 0.00% | -3.17% |
| company:1190 | 0.00% | 2.87% | +2.87% |
| company:20327 | 0.00% | 2.65% | +2.65% |
| Siemens Energy India Ltd. | 2.22% | 0.00% | -2.22% |
| company:276 | 0.00% | 1.64% | +1.64% |
| Bharat Forge Ltd. | 3.01% | 4.04% | +1.03% |
| Mahindra & Mahindra Financial Services Ltd. | 3.90% | 3.11% | -0.78% |
| Schneider Electric Infrastructure Ltd. | 3.71% | 3.01% | -0.70% |
| Tata Motors Passenger Vehicles Ltd. | 6.76% | 7.25% | +0.49% |
| Garware Hi-Tech Films Ltd. | 3.73% | 4.13% | +0.40% |
| Metro Brands Ltd. | 3.08% | 2.69% | -0.39% |
| Oracle Financial Services Software Ltd. | 4.41% | 4.03% | -0.38% |
| Foseco India Ltd. | 1.54% | 1.90% | +0.36% |
| Tata Power Company Ltd. | 3.52% | 3.16% | -0.36% |
| NTPC Ltd. | 3.74% | 3.48% | -0.27% |
| Tata Motors Ltd. | 4.15% | 4.41% | +0.26% |
| Mahindra Lifespace Developers Ltd. | 2.63% | 2.41% | -0.22% |
| INDO-MIM Ltd. | 5.21% | 5.38% | +0.16% |
| KSH International Ltd. | 3.36% | 3.23% | -0.14% |
| Axis Bank Ltd. | 2.61% | 2.72% | +0.11% |
| Schaeffler India Ltd. | 3.49% | 3.38% | -0.11% |
| Shriram Finance Ltd | 2.09% | 2.19% | +0.09% |
| State Bank of India | 3.97% | 4.04% | +0.07% |
| Sun Pharmaceutical Industries Ltd. | 2.93% | 2.88% | -0.05% |
| Divgi TorqTransfer Systems Ltd. | 2.92% | 2.87% | -0.05% |
| The Phoenix Mills Ltd. | 3.57% | 3.53% | -0.04% |
| Infosys Ltd. | 1.77% | 1.75% | -0.02% |
| Interglobe Aviation Ltd. | 3.94% | 3.93% | -0.01% |
| Hyundai Motor India Ltd. | 2.37% | 2.36% | -0.01% |
| ICICI Bank Ltd. | 3.95% | 3.94% | -0.01% |
| Others | -0.08% | -0.07% | +0.01% |
| Bharat Dynamics Ltd. | 2.00% | 2.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹15,674 Cr | 2.10% | 6.9% | 9.2% | 13.7% |
 SBI Focused Fund | ₹51,248 Cr | 1.60% | 7.3% | 11.3% | 13.0% |
 ICICI Prudential Focused Fund | ₹17,949 Cr | 2.15% | -2.5% | 6.9% | 13.4% |
 Invesco India Focused Fund | ₹6,454 Cr | 1.94% | 14.6% | 9.7% | 15.4% |
 Bandhan Focused Fund | ₹2,094 Cr | 2.22% | 10.6% | 9.2% | 12.9% |
 ITI Focused Fund | ₹629 Cr | 2.59% | 4.5% | 8.7% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to generate long term capital appreciation by investing in a concentrated portfolio of equity and equity related instruments of up to 30 companies across market capitalisation.
Fund managers
- Mahesh BendreMr. Bendre has done B.E(Mechanical), MBA (Finance) and PhD (Finance)Prior to joining LIC Mutual Fund, he has worked with IDBI Capital, Vervene Asset Management, Stewart & Mackertich, Karvy Inst. Equity and Way2wealth, Quantum Securities
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months15.32% absolute | ₹60,000 | ₹69,192 | 15.32% | |
| 1 year4.31% annualised | ₹1,20,000 | ₹1,22,839 | 2.37% | |
| 3 years8.60% annualised | ₹3,60,000 | ₹4,11,976 | 14.44% | |
| 5 years7.25% annualised | ₹6,00,000 | ₹7,24,934 | 20.82% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.