LIC MF Large Cap Fund
Large CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹55.42+0.52%1 day
- Return since launch
- 6.0%
- 52-week range
- ₹48.34 — ₹57.78
- AUM
- ₹1,302 Cr
LIC MF Large Cap Fund is a Large Cap equity fund from LIC Mutual Fund with ₹1,302 Cr under management, launched in 1994. Over three years it has returned 3.3% a year, against 11.0% for its category. The expense ratio is 2.48% and the SEBI riskometer reading is Very High.
Performance
LIC MF Large Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -2.1% against +0.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.9% | +5.1 pts | 0.7% | 6.5% |
| 2Y | 2.5% | −2.5 pts | 5.0% | 4.3% |
| 3Y | 3.3% | −7.7 pts | 11.0% | 5.0% |
| 5Y | 6.5% | −1.6 pts | 8.1% | 9.0% |
| 7Y | 8.7% | −2.8 pts | 11.5% | 11.1% |
| 10Y | 9.6% | −2.1 pts | 11.7% | 10.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 9.5% | −0.2 pts | 9.7% | 9.7% |
| 3M | 1.0% | 0.0 pts | 1.1% | 0.7% |
| 6M | 6.5% | +0.3 pts | 6.2% | 5.8% |
| 1Y | -2.1% | −2.8 pts | 0.7% | 0.1% |
| 2Y | 0.8% | −2.0 pts | 2.8% | 2.6% |
| 3Y | 9.1% | −2.0 pts | 11.0% | 11.0% |
| 5Y | 5.4% | −2.8 pts | 8.1% | 8.0% |
| 7Y | 9.9% | −2.5 pts | 12.4% | 11.4% |
| 10Y | 10.1% | −1.6 pts | 11.7% | 10.8% |
Since launch (21 Jul 1994): 6.0%
Calendar-year returns
Category average15.4%
27.5%
0.7%
18.2%
14.1%
6.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.0% | −2.5 pts | 8.5% |
| 2024 | 14.1% | −2.2 pts | 16.3% |
| 2023 | 18.2% | −7.1 pts | 25.3% |
| 2022 | 0.7% | −2.4 pts | 3.2% |
| 2021 | 27.5% | +0.3 pts | 27.2% |
| 2020 | 15.4% | +0.4 pts | 15.0% |
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
2.46%
Expense ratio as on 7 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.83%
- Brokerage
- 0.11%
- Transaction charges
- 0.01%
- Statutory levies
- 0.51%
- Exit load
- Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 100 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.
Very High
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 | -2.07 | 2.41 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.02 | 1.00 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.14 | 0.43 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.18 | 0.57 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.18 | 15.29 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
LIC MF Large Cap Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity97.5%
- Other2.5%
Market cap split
- Large86.7%
- Mid11.5%
- Small1.8%
- P/E
- 24.45
- P/B
- 3.85
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 9.39% | ₹122 Cr | +9.34% | +7.97% | +7.48% |
| HDFC Bank Ltd. | Financial | 6.22% | ₹80.99 Cr | +8.14% | +8.70% | +9.29% |
| Larsen & Toubro Ltd. | Construction | 5.41% | ₹70.45 Cr | +5.70% | +5.24% | +4.74% |
| Bharti Airtel Ltd. | Communication | 4.44% | ₹57.76 Cr | +4.47% | +4.37% | +3.99% |
| Axis Bank Ltd. | Financial | 4.10% | ₹53.32 Cr | +4.08% | +2.66% | +2.24% |
| State Bank of India | Financial | 3.88% | ₹50.50 Cr | +3.97% | +3.07% | +2.84% |
| Eternal Ltd. | Services | 3.59% | ₹46.76 Cr | +2.60% | +1.41% | +0.79% |
| SBI Life Insurance Company Ltd. | Insurance | 2.61% | ₹34.00 Cr | +2.60% | +1.90% | +1.66% |
| Bajaj Finance Ltd. | Financial | 2.55% | ₹33.18 Cr | +2.40% | — | — |
| Divi's Laboratories Ltd. | Healthcare | 2.54% | ₹33.11 Cr | +1.48% | — | — |
| Interglobe Aviation Ltd. | Services | 2.54% | ₹33.05 Cr | +3.51% | +1.77% | — |
| Others | Others | 2.46% | ₹32.05 Cr | +0.43% | +3.99% | +0.28% |
| Eicher Motors Ltd. | Automobile | 2.41% | ₹31.34 Cr | +2.07% | — | — |
| Trent Ltd. | Services | 2.35% | ₹30.66 Cr | +2.27% | +1.28% | +0.78% |
| Titan Company Ltd. | Consumer Discretionary | 2.33% | ₹30.33 Cr | +2.14% | +2.08% | +1.14% |
| National Stock Exchange | Financial | 2.23% | ₹29.06 Cr | — | — | — |
| Hitachi Energy India Ltd. | Capital Goods | 2.21% | ₹28.76 Cr | +1.76% | — | — |
| Hindustan Unilever Ltd. | Consumer Staples | 2.09% | ₹27.22 Cr | +2.25% | +2.54% | +2.38% |
| Shriram Finance Ltd | Financial | 2.08% | ₹27.08 Cr | +1.55% | +0.70% | +1.29% |
| INDO-MIM Ltd. | Capital Goods | 2.04% | ₹26.53 Cr | — | — | — |
| Muthoot Finance Ltd. | Financial | 1.98% | ₹25.77 Cr | +1.33% | — | — |
| Ultratech Cement Ltd. | Materials | 1.88% | ₹24.51 Cr | +1.66% | +1.57% | +1.40% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.86% | ₹24.18 Cr | +1.82% | +2.39% | +1.88% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.85% | ₹24.10 Cr | +1.88% | +1.75% | +1.51% |
| Jindal Stainless Ltd. | Metals & Mining | 1.80% | ₹23.39 Cr | +1.51% | — | — |
| Persistent Systems Ltd. | Technology | 1.76% | ₹22.93 Cr | +1.38% | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.67% | ₹21.80 Cr | +1.34% | +2.23% | +1.85% |
| The Indian Hotels Company Ltd. | Services | 1.63% | ₹21.22 Cr | +1.51% | +0.91% | +0.68% |
| Bharat Electronics Ltd. | Capital Goods | 1.62% | ₹21.16 Cr | +1.37% | +1.45% | +2.00% |
| TVS Motor Company Ltd. | Automobile | 1.48% | ₹19.30 Cr | — | — | — |
| NTPC Ltd. | Energy | 1.40% | ₹18.24 Cr | +1.48% | — | — |
| Hyundai Motor India Ltd. | Automobile | 1.39% | ₹18.10 Cr | — | — | — |
| Bajaj Auto Ltd. | Automobile | 1.29% | ₹16.76 Cr | — | — | — |
| ICICI Prudential Asset Management Company Ltd. | Financial | 1.26% | ₹16.47 Cr | — | — | — |
| Aster DM Quality Care Ltd. | Healthcare | 1.15% | ₹15.01 Cr | — | — | — |
| Tata Steel Ltd. | Metals & Mining | 1.13% | ₹14.74 Cr | +1.10% | +1.07% | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.08% | ₹14.09 Cr | +1.00% | — | — |
| ITC Ltd. | Consumer Staples | 1.04% | ₹13.55 Cr | +2.11% | +2.68% | +2.96% |
| Godfrey Phillips India Ltd. | Consumer Staples | 1.04% | ₹13.48 Cr | +1.26% | +0.74% | +0.26% |
| Avenue Supermarts Ltd. | Services | 1.01% | ₹13.20 Cr | — | — | — |
| Bharat Dynamics Ltd. | Capital Goods | 0.97% | ₹12.67 Cr | +1.77% | +0.69% | — |
| SRF Ltd. | Chemicals | 0.80% | ₹10.42 Cr | — | — | — |
| Pidilite Industries Ltd. | Chemicals | 0.77% | ₹10.02 Cr | +1.51% | +1.49% | +1.48% |
| Tenneco Clean Air India Ltd | Automobile | 0.66% | ₹8.55 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| National Stock Exchange | 0.00% | 2.23% | +2.23% |
| Oracle Financial Services Software Ltd. | 1.63% | 0.00% | -1.63% |
| Others | 0.13% | -1.46% | -1.59% |
| The Indian Hotels Company Ltd. | 2.78% | 1.63% | -1.15% |
| Coforge Ltd. | 1.15% | 0.00% | -1.15% |
| Tata Motors Ltd. | 1.12% | 0.00% | -1.12% |
| INDO-MIM Ltd. | 1.02% | 2.04% | +1.02% |
| Hyundai Motor India Ltd. | 0.42% | 1.39% | +0.97% |
| SRF Ltd. | 0.00% | 0.80% | +0.80% |
| Nippon Life India Asset Management Ltd. | 0.76% | 0.00% | -0.76% |
| Bharat Dynamics Ltd. | 1.63% | 0.97% | -0.66% |
| Mahindra & Mahindra Ltd. | 1.05% | 1.67% | +0.62% |
| Allied Blenders And Distillers Ltd. | 0.48% | 0.00% | -0.48% |
| Ujjivan Small Finance Bank Ltd. | 1.54% | 1.08% | -0.46% |
| Eternal Ltd. | 3.18% | 3.59% | +0.41% |
| HDFC Bank Ltd. | 5.85% | 6.22% | +0.37% |
| Godfrey Phillips India Ltd. | 1.39% | 1.04% | -0.35% |
| Interglobe Aviation Ltd. | 2.88% | 2.54% | -0.34% |
| ICICI Bank Ltd. | 9.72% | 9.39% | -0.33% |
| Hitachi Energy India Ltd. | 1.89% | 2.21% | +0.32% |
| ICICI Prudential Asset Management Company Ltd. | 1.03% | 1.26% | +0.23% |
| Jindal Stainless Ltd. | 1.59% | 1.80% | +0.21% |
| Bajaj Auto Ltd. | 1.13% | 1.29% | +0.16% |
| State Bank of India | 4.03% | 3.88% | -0.15% |
| Bharti Airtel Ltd. | 4.30% | 4.44% | +0.14% |
| Shriram Finance Ltd | 2.21% | 2.08% | -0.13% |
| Eicher Motors Ltd. | 2.29% | 2.41% | +0.12% |
| Titan Company Ltd. | 2.44% | 2.33% | -0.11% |
| Divi's Laboratories Ltd. | 2.44% | 2.54% | +0.10% |
| Bajaj Finance Ltd. | 2.64% | 2.55% | -0.09% |
| SBI Life Insurance Company Ltd. | 2.52% | 2.61% | +0.09% |
| ITC Ltd. | 0.95% | 1.04% | +0.09% |
| Aster DM Quality Care Ltd. | 1.07% | 1.15% | +0.08% |
| Tenneco Clean Air India Ltd | 0.58% | 0.66% | +0.08% |
| Trent Ltd. | 2.43% | 2.35% | -0.08% |
| Tata Steel Ltd. | 1.06% | 1.13% | +0.07% |
| NTPC Ltd. | 1.34% | 1.40% | +0.06% |
| Pidilite Industries Ltd. | 0.83% | 0.77% | -0.06% |
| Larsen & Toubro Ltd. | 5.47% | 5.41% | -0.06% |
| Sun Pharmaceutical Industries Ltd. | 1.91% | 1.86% | -0.05% |
| Apollo Hospitals Enterprise Ltd. | 1.90% | 1.85% | -0.05% |
| Muthoot Finance Ltd. | 2.02% | 1.98% | -0.04% |
| Avenue Supermarts Ltd. | 0.98% | 1.01% | +0.03% |
| Ultratech Cement Ltd. | 1.85% | 1.88% | +0.03% |
| Hindustan Unilever Ltd. | 2.06% | 2.09% | +0.03% |
| Axis Bank Ltd. | 4.08% | 4.10% | +0.02% |
| TVS Motor Company Ltd. | 1.47% | 1.48% | +0.01% |
| Persistent Systems Ltd. | 1.75% | 1.76% | +0.01% |
| Bharat Electronics Ltd. | 1.63% | 1.62% | -0.01% |
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 | ₹3,138 Cr | 2.31% | 10.1% | 7.1% | 11.3% |
 DSP Large Cap Fund | ₹6,642 Cr | 2.02% | 6.5% | 5.3% | 10.3% |
 Quant Large Cap Fund | ₹3,669 Cr | 2.75% | 11.5% | 6.5% | — |
 Bandhan Large Cap Fund | ₹2,098 Cr | 2.20% | 10.6% | 7.7% | 11.2% |
 Invesco India Large Cap Fund | ₹1,995 Cr | 2.14% | 14.1% | 9.0% | 12.2% |
 WhiteOak Capital Large Cap Fund | ₹1,287 Cr | 2.45% | 8.0% | 6.9% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives.
Fund managers
- Sumit BhatnagarMr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.
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 months6.49% absolute | ₹60,000 | ₹63,894 | 6.49% | |
| 1 year−2.06% annualised | ₹1,20,000 | ₹1,18,669 | −1.11% | |
| 3 years9.06% annualised | ₹3,60,000 | ₹4,15,011 | 15.28% | |
| 5 years5.36% annualised | ₹6,00,000 | ₹6,89,410 | 14.90% |
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.
What is the NAV of LIC MF Large Cap Fund?
The NAV of LIC MF Large Cap Fund is ₹55.42 as on 9 Nov 2026.
What is the expense ratio of LIC MF Large Cap Fund?
The expense ratio of LIC MF Large Cap Fund is 2.48% per year.
What is the minimum SIP amount for LIC MF Large Cap Fund?
You can start a SIP in LIC MF Large Cap Fund with ₹3,000 a month.
What returns has LIC MF Large Cap Fund given?
LIC MF Large Cap Fund has returned 5.9% over 1 year, 3.3% over 3 years and 6.5% over 5 years (annualised).
Is there a lock-in or exit load on LIC MF Large Cap Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months..
How risky is LIC MF Large Cap Fund?
LIC MF Large Cap Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap category.
Which fund house manages LIC MF Large Cap Fund?
LIC MF Large Cap Fund is managed by LIC Mutual Fund, which runs 33 schemes with ₹50,860 Cr under management.