LIC MF Multi Asset Allocation Fund
Multi Asset AllocationVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹12.04+0.55%1 day
- Return since launch
- 11.1%
- 52-week range
- ₹10.82 — ₹12.54
- AUM
- ₹966 Cr
LIC MF Multi Asset Allocation Fund is a Multi Asset Allocation hybrid fund from LIC Mutual Fund with ₹966 Cr under management, launched in 2025. The expense ratio is 2.40% and the SEBI riskometer reading is Very High.
Performance
LIC MF Multi Asset Allocation Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +0.5% against +5.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 0.6% | −4.5 pts | 5.1% | 3.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 2.0% | −0.9 pts | 2.9% | 3.3% |
| 3M | -2.7% | −1.1 pts | -1.7% | -1.6% |
| 6M | 0.5% | −1.1 pts | 1.6% | 2.0% |
| 1Y | 1.1% | −4.0 pts | 5.1% | 5.8% |
Since launch (24 Jan 2025): 11.1%
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
2.38%
Expense ratio as on 7 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.81%
- Brokerage
- 0.12%
- Transaction charges
- 0.01%
- Statutory levies
- 0.44%
- 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
- NA
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.
Portfolio
LIC MF Multi Asset Allocation Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity67.7%
- Debt11.7%
- Commodities18.4%
- Other2.2%
Market cap split
- Large41.8%
- Mid27.3%
- Small30.9%
- P/E
- 28.28
- P/B
- 3.94
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| LIC MF Gold ETF | Unclassified | 14.94% | ₹144 Cr | +14.26% | +16.54% | +16.00% |
| Aditya Birla Sun Life Silver ETF-Growth | Unclassified | 3.79% | ₹36.63 Cr | +3.39% | +2.91% | +5.47% |
| ICICI Bank Ltd. | Financial | 3.57% | ₹34.49 Cr | +3.72% | +2.61% | — |
| SML Mahindra Ltd. | Automobile | 3.10% | ₹29.96 Cr | +1.53% | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 2.81% | ₹27.12 Cr | +1.48% | — | — |
| INDO-MIM Ltd. | Capital Goods | 2.62% | ₹25.29 Cr | — | — | — |
| Tata Capital Housing Finance Ltd. | Financial | 2.57% | ₹24.81 Cr | — | — | — |
| Axis Bank Ltd. | Financial | 2.45% | ₹23.69 Cr | +2.69% | +1.62% | +1.86% |
| Jindal Stainless Ltd. | Metals & Mining | 2.19% | ₹21.18 Cr | +2.03% | — | — |
| Bharti Airtel Ltd. | Communication | 2.11% | ₹20.40 Cr | +2.51% | +2.46% | +2.13% |
| Reliance Industries Ltd. | Energy | 2.06% | ₹19.93 Cr | — | +1.30% | +1.34% |
| Larsen & Toubro Ltd. | Construction | 2.01% | ₹19.44 Cr | +2.65% | +1.86% | +1.39% |
| Mahindra & Mahindra Ltd. | Automobile | 2.00% | ₹19.34 Cr | +1.44% | +1.22% | — |
| Others | Others | 1.88% | ₹18.02 Cr | -2.01% | +2.51% | -0.21% |
| SKF India (Industrial) Ltd. | Capital Goods | 1.83% | ₹17.71 Cr | — | — | — |
| State Bank of India | Financial | 1.82% | ₹17.54 Cr | +1.94% | +0.86% | +1.53% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.76% | ₹17.03 Cr | +1.81% | +1.38% | +1.05% |
| Cohance Lifesciences Ltd. | Healthcare | 1.75% | ₹16.86 Cr | — | — | — |
| Nuvoco Vistas Corporation Ltd. | Materials | 1.69% | ₹16.34 Cr | — | — | — |
| Interglobe Aviation Ltd. | Services | 1.61% | ₹15.57 Cr | +2.70% | +1.58% | — |
| Siemens Energy India Ltd. | Energy | 1.61% | ₹15.54 Cr | +1.45% | — | — |
| Indian Railway Finance Corporation Ltd. | Financial | 1.57% | ₹15.15 Cr | +0.28% | +0.30% | — |
| Britannia Industries Ltd. | Consumer Staples | 1.52% | ₹14.71 Cr | +1.62% | +0.50% | — |
| Karur Vysya Bank Ltd. | Financial | 1.52% | ₹14.66 Cr | +2.03% | — | — |
| Vishal Mega Mart Ltd. | Services | 1.49% | ₹14.41 Cr | +1.74% | +1.25% | +0.03% |
| Persistent Systems Ltd. | Technology | 1.45% | ₹14.02 Cr | +0.99% | — | — |
| Godfrey Phillips India Ltd. | Consumer Staples | 1.43% | ₹13.81 Cr | +1.87% | +1.81% | +0.68% |
| Aster DM Quality Care Ltd. | Healthcare | 1.41% | ₹13.62 Cr | — | — | — |
| Bank Of Baroda | Financial | 1.40% | ₹13.56 Cr | +1.66% | +0.52% | +1.15% |
| BSE Ltd. | Services | 1.37% | ₹13.19 Cr | +1.07% | +0.78% | — |
| Nephrocare Health Services Ltd. | Healthcare | 1.37% | ₹13.26 Cr | — | — | — |
| Delhivery Ltd. | Services | 1.32% | ₹12.70 Cr | — | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.29% | ₹12.49 Cr | +1.06% | — | — |
| Garware Hi-Tech Films Ltd. | Materials | 1.29% | ₹12.42 Cr | +1.22% | +0.55% | — |
| Ultratech Cement Ltd. | Materials | 1.26% | ₹12.17 Cr | +1.29% | +1.14% | +1.31% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.22% | ₹11.77 Cr | +1.07% | — | — |
| Schneider Electric Infrastructure Ltd. | Capital Goods | 1.18% | ₹11.40 Cr | — | — | — |
| Tenneco Clean Air India Ltd | Automobile | 1.18% | ₹11.40 Cr | — | — | — |
| LG Electronics India Ltd. | Consumer Discretionary | 1.15% | ₹11.10 Cr | +1.29% | +1.13% | — |
| Navin Fluorine International Ltd. | Chemicals | 1.14% | ₹10.96 Cr | +1.08% | +0.46% | +1.07% |
| Abbott India Ltd. | Healthcare | 1.13% | ₹10.94 Cr | +0.93% | +1.06% | — |
| Trent Ltd. | Services | 1.08% | ₹10.46 Cr | — | — | — |
| BEML Ltd. | Capital Goods | 1.03% | ₹9.95 Cr | +1.00% | +0.87% | +0.98% |
| Bajaj Finance Ltd. | Financial | 1.01% | ₹9.80 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.00% | ₹9.68 Cr | +2.11% | +1.77% | +1.17% |
| Allied Blenders And Distillers Ltd. | Consumer Staples | 0.93% | ₹8.96 Cr | +1.26% | +1.09% | +1.48% |
| MOIL Ltd. | Metals & Mining | 0.91% | ₹8.79 Cr | +1.06% | +1.22% | +1.42% |
| Bharat Electronics Ltd. | Capital Goods | 0.85% | ₹8.24 Cr | +0.90% | +0.99% | +1.45% |
| Foseco India Ltd. | Chemicals | 0.68% | ₹6.52 Cr | — | — | — |
| Radico Khaitan Ltd. | Consumer Staples | 0.62% | ₹5.97 Cr | +1.60% | +0.85% | — |
| Karnataka State | Others | 0.54% | ₹5.18 Cr | — | — | — |
| Nippon Life India Asset Management Ltd. | Financial | 0.54% | ₹5.20 Cr | +0.83% | +0.91% | +0.47% |
| Nuclear Power Corpn. Of India Ltd. | Energy | 0.53% | ₹5.10 Cr | +0.55% | +0.60% | +0.72% |
| National Highways Authority of India Ltd. | Services | 0.52% | ₹5.05 Cr | +0.56% | +0.61% | — |
| GOI | Sovereign | 0.27% | ₹2.58 Cr | +1.10% | +1.18% | +1.42% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Reliance Industries Ltd. | 0.00% | 2.06% | +2.06% |
| SKF India (Industrial) Ltd. | 0.00% | 1.83% | +1.83% |
| PB Fintech Ltd. | 1.72% | 0.00% | -1.72% |
| Nephrocare Health Services Ltd. | 0.00% | 1.37% | +1.37% |
| Oracle Financial Services Software Ltd. | 1.25% | 0.00% | -1.25% |
| Tata Steel Ltd. | 1.15% | 0.00% | -1.15% |
| Tata Motors Ltd. | 1.00% | 0.00% | -1.00% |
| INDO-MIM Ltd. | 1.68% | 2.62% | +0.94% |
| Mahindra & Mahindra Ltd. | 1.08% | 2.00% | +0.92% |
| Interglobe Aviation Ltd. | 2.53% | 1.61% | -0.92% |
| SML Mahindra Ltd. | 2.31% | 3.10% | +0.79% |
| Coforge Ltd. | 0.77% | 0.00% | -0.77% |
| Nuvoco Vistas Corporation Ltd. | 1.05% | 1.69% | +0.64% |
| Pidilite Industries Ltd. | 0.61% | 0.00% | -0.61% |
| Multi Commodity Exchange Of India Ltd. | 2.24% | 2.81% | +0.57% |
| company:10198 | 0.50% | 0.00% | -0.50% |
| company:1412 | 0.49% | 0.00% | -0.49% |
| Larsen & Toubro Ltd. | 2.48% | 2.01% | -0.47% |
| Karur Vysya Bank Ltd. | 1.99% | 1.52% | -0.47% |
| Others | 0.10% | -0.22% | -0.32% |
| Godfrey Phillips India Ltd. | 1.74% | 1.43% | -0.31% |
| GOI | 0.51% | 0.27% | -0.24% |
| Torrent Pharmaceuticals Ltd. | 0.98% | 1.22% | +0.24% |
| Cholamandalam Investment and Finance Company Ltd. | 1.06% | 1.29% | +0.23% |
| Abbott India Ltd. | 0.91% | 1.13% | +0.22% |
| Siemens Energy India Ltd. | 1.40% | 1.61% | +0.21% |
| Jindal Stainless Ltd. | 1.98% | 2.19% | +0.21% |
| ICICI Bank Ltd. | 3.78% | 3.57% | -0.21% |
| Allied Blenders And Distillers Ltd. | 0.77% | 0.93% | +0.16% |
| Schneider Electric Infrastructure Ltd. | 1.03% | 1.18% | +0.15% |
| LIC MF Gold ETF | 15.07% | 14.94% | -0.13% |
| State Bank of India | 1.93% | 1.82% | -0.11% |
| Tata Capital Housing Finance Ltd. | 2.48% | 2.57% | +0.09% |
| Sun Pharmaceutical Industries Ltd. | 1.85% | 1.76% | -0.09% |
| Aditya Birla Sun Life Silver ETF-Growth | 3.88% | 3.79% | -0.09% |
| Vishal Mega Mart Ltd. | 1.57% | 1.49% | -0.08% |
| Britannia Industries Ltd. | 1.59% | 1.52% | -0.07% |
| Tenneco Clean Air India Ltd | 1.11% | 1.18% | +0.07% |
| Trent Ltd. | 1.14% | 1.08% | -0.06% |
| LG Electronics India Ltd. | 1.09% | 1.15% | +0.06% |
| Aster DM Quality Care Ltd. | 1.47% | 1.41% | -0.06% |
| Indian Railway Finance Corporation Ltd. | 1.51% | 1.57% | +0.06% |
| Apollo Hospitals Enterprise Ltd. | 1.05% | 1.00% | -0.05% |
| Axis Bank Ltd. | 2.50% | 2.45% | -0.05% |
| Delhivery Ltd. | 1.27% | 1.32% | +0.05% |
| Foseco India Ltd. | 0.64% | 0.68% | +0.04% |
| Garware Hi-Tech Films Ltd. | 1.26% | 1.29% | +0.03% |
| Navin Fluorine International Ltd. | 1.17% | 1.14% | -0.03% |
| Cohance Lifesciences Ltd. | 1.72% | 1.75% | +0.03% |
| Persistent Systems Ltd. | 1.48% | 1.45% | -0.03% |
| BEML Ltd. | 1.06% | 1.03% | -0.03% |
| Karnataka State | 0.51% | 0.54% | +0.03% |
| Nippon Life India Asset Management Ltd. | 0.57% | 0.54% | -0.03% |
| Bajaj Finance Ltd. | 0.98% | 1.01% | +0.03% |
| Bharat Electronics Ltd. | 0.88% | 0.85% | -0.03% |
| BSE Ltd. | 1.39% | 1.37% | -0.02% |
| National Highways Authority of India Ltd. | 0.54% | 0.52% | -0.02% |
| Bharti Airtel Ltd. | 2.09% | 2.11% | +0.02% |
| Radico Khaitan Ltd. | 0.61% | 0.62% | +0.01% |
| Ultratech Cement Ltd. | 1.27% | 1.26% | -0.01% |
| Nuclear Power Corpn. Of India Ltd. | 0.53% | 0.53% | 0.00% |
| Bank Of Baroda | 1.40% | 1.40% | 0.00% |
| MOIL Ltd. | 0.91% | 0.91% | 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 | ₹10,235 Cr | 1.65% | 4.0% | 11.9% | 14.8% |
 Nippon India Multi Asset Allocation Fund | ₹18,044 Cr | 1.45% | 4.1% | 11.8% | 14.7% |
 Kotak Multi Asset Allocation Fund | ₹15,236 Cr | 1.78% | 1.3% | 11.3% | — |
 DSP Multi Asset Allocation Fund | ₹10,820 Cr | 1.57% | 4.0% | 13.0% | — |
 Quant Multi Asset Allocation Fund | ₹6,608 Cr | 2.14% | 5.1% | 12.4% | 16.4% |
 Aditya Birla Sun Life Multi-Asset Omni FoF | ₹468 Cr | 1.32% | 5.6% | 10.9% | 13.4% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme is to generate long term capital appreciation by investing in diversified portfolio of equity & equity related instruments, debt & money market instruments and units of Gold Exchange Traded Funds (ETFs).
Fund managers
- Pratik Harish ShroffMr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance â IIM, CalcuttaPrior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities
- 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 months0.50% absolute | ₹60,000 | ₹60,300 | 0.50% | |
| 1 year1.05% annualised | ₹1,20,000 | ₹1,20,685 | 0.57% |
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 Multi Asset Allocation Fund?
The NAV of LIC MF Multi Asset Allocation Fund is ₹12.04 as on 9 Nov 2026.
What is the expense ratio of LIC MF Multi Asset Allocation Fund?
The expense ratio of LIC MF Multi Asset Allocation Fund is 2.40% per year.
What is the minimum SIP amount for LIC MF Multi Asset Allocation Fund?
You can start a SIP in LIC MF Multi Asset Allocation Fund with ₹3,000 a month.
Is there a lock-in or exit load on LIC MF Multi Asset Allocation 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 Multi Asset Allocation Fund?
LIC MF Multi Asset Allocation Fund is rated Very High on the SEBI riskometer and belongs to the Multi Asset Allocation category.
Which fund house manages LIC MF Multi Asset Allocation Fund?
LIC MF Multi Asset Allocation Fund is managed by LIC Mutual Fund, which runs 33 schemes with ₹50,860 Cr under management.