LIC MF Multi Asset Allocation Fund
Multi Asset AllocationVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹12.14-1.54%1 day
- Return since launch
- 14.0%
- 52-week range
- ₹10.82 — ₹12.54
- AUM
- ₹1,005 Cr
LIC MF Multi Asset Allocation Fund is a Multi Asset Allocation hybrid fund from LIC Mutual Fund with ₹1,005 Cr under management, launched in 2025. The expense ratio is 2.39% 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 +4.8% against +7.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.4% | −4.6 pts | 7.0% | 2.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.7% | +0.5 pts | -3.1% | -3.2% |
| 3M | 1.5% | +1.1 pts | 0.5% | 0.8% |
| 6M | 7.4% | +2.7 pts | 4.7% | 5.2% |
| 1Y | 4.9% | −2.1 pts | 7.0% | 7.4% |
Since launch (24 Jan 2025): 14.0%
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
2.38%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.79%
- Brokerage
- 0.12%
- Transaction charges
- 0.01%
- Statutory levies
- 0.46%
- 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 31 Aug 2026
Asset allocation
- Equity68.5%
- Debt11.3%
- Commodities18.6%
- Other1.5%
Market cap split
- Large46.3%
- Mid29.9%
- Small23.8%
- P/E
- 29.41
- P/B
- 4.24
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| LIC MF Gold ETF | Unclassified | 15.07% | ₹151 Cr | +15.84% | +16.70% | +14.74% |
| Aditya Birla Sun Life Silver ETF-Growth | Unclassified | 3.88% | ₹39.01 Cr | +3.00% | +3.02% | +4.93% |
| ICICI Bank Ltd. | Financial | 3.78% | ₹37.94 Cr | +3.40% | +2.65% | — |
| Axis Bank Ltd. | Financial | 2.99% | ₹30.01 Cr | +4.21% | +3.42% | +3.72% |
| Interglobe Aviation Ltd. | Services | 2.53% | ₹25.38 Cr | +2.22% | +1.47% | — |
| Larsen & Toubro Ltd. | Construction | 2.48% | ₹24.96 Cr | +2.61% | +1.68% | +1.48% |
| company:11821 | Financial | 2.48% | ₹24.90 Cr | — | — | — |
| SML Mahindra Ltd. | Automobile | 2.31% | ₹23.26 Cr | — | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 2.24% | ₹22.50 Cr | — | — | — |
| Bharti Airtel Ltd. | Communication | 2.09% | ₹21.03 Cr | +2.49% | +2.30% | +1.50% |
| Karur Vysya Bank Ltd. | Financial | 1.99% | ₹20.03 Cr | — | — | — |
| Jindal Stainless Ltd. | Metals & Mining | 1.98% | ₹19.90 Cr | +1.69% | — | — |
| State Bank of India | Financial | 1.93% | ₹19.37 Cr | +0.89% | +0.94% | +1.52% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.85% | ₹18.61 Cr | +1.75% | +1.21% | +1.14% |
| Godfrey Phillips India Ltd. | Consumer Staples | 1.74% | ₹17.50 Cr | +1.97% | +1.81% | — |
| Cohance Lifesciences Ltd. | Healthcare | 1.72% | ₹17.27 Cr | — | — | — |
| PB Fintech Ltd. | Services | 1.72% | ₹17.26 Cr | — | — | — |
| INDO-MIM Ltd. | Capital Goods | 1.68% | ₹16.87 Cr | — | — | — |
| Britannia Industries Ltd. | Consumer Staples | 1.59% | ₹15.99 Cr | +1.09% | +0.49% | — |
| Vishal Mega Mart Ltd. | Services | 1.57% | ₹15.79 Cr | +1.80% | +1.09% | +0.03% |
| Indian Railway Finance Corporation Ltd. | Financial | 1.51% | ₹15.22 Cr | +0.27% | +0.27% | — |
| Persistent Systems Ltd. | Technology | 1.48% | ₹14.86 Cr | — | — | — |
| company:15106 | Healthcare | 1.47% | ₹14.76 Cr | — | — | — |
| Siemens Energy India Ltd. | Energy | 1.40% | ₹14.07 Cr | +1.10% | — | — |
| Bank Of Baroda | Financial | 1.40% | ₹14.03 Cr | +1.64% | +0.60% | +1.12% |
| BSE Ltd. | Services | 1.39% | ₹14.01 Cr | +1.14% | +0.70% | — |
| company:17603 | Services | 1.27% | ₹12.77 Cr | — | — | — |
| Ultratech Cement Ltd. | Materials | 1.27% | ₹12.72 Cr | +1.32% | +1.19% | +1.48% |
| Garware Hi-Tech Films Ltd. | Materials | 1.26% | ₹12.63 Cr | +1.12% | +0.61% | — |
| Oracle Financial Services Software Ltd. | Technology | 1.25% | ₹12.59 Cr | — | — | — |
| Others | Others | 1.20% | ₹12.11 Cr | +0.09% | -0.08% | +0.50% |
| Navin Fluorine International Ltd. | Chemicals | 1.17% | ₹11.78 Cr | +1.15% | +0.69% | +1.18% |
| Tata Steel Ltd. | Metals & Mining | 1.15% | ₹11.52 Cr | +1.35% | +0.77% | — |
| Trent Ltd. | Services | 1.14% | ₹11.49 Cr | — | — | — |
| company:20327 | Automobile | 1.11% | ₹11.20 Cr | — | — | — |
| LG Electronics India Ltd. | Consumer Discretionary | 1.09% | ₹10.93 Cr | +1.27% | +1.11% | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.08% | ₹10.85 Cr | +1.94% | +0.99% | — |
| BEML Ltd. | Capital Goods | 1.06% | ₹10.63 Cr | +0.98% | +0.95% | +0.73% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.06% | ₹10.61 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.05% | ₹10.55 Cr | +2.00% | +1.65% | +1.09% |
| company:5897 | Materials | 1.05% | ₹10.52 Cr | — | — | — |
| Schneider Electric Infrastructure Ltd. | Capital Goods | 1.03% | ₹10.33 Cr | — | — | — |
| Tata Motors Ltd. | Automobile | 1.00% | ₹10.00 Cr | +0.47% | +0.95% | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.98% | ₹9.89 Cr | — | — | — |
| company:407 | Financial | 0.98% | ₹9.89 Cr | — | — | — |
| MOIL Ltd. | Metals & Mining | 0.91% | ₹9.16 Cr | +1.14% | +1.07% | +1.38% |
| Abbott India Ltd. | Healthcare | 0.91% | ₹9.13 Cr | +0.98% | — | — |
| Bharat Electronics Ltd. | Capital Goods | 0.88% | ₹8.79 Cr | +0.90% | +0.97% | +1.44% |
| Coforge Ltd. | Technology | 0.77% | ₹7.76 Cr | — | — | — |
| Allied Blenders And Distillers Ltd. | Consumer Staples | 0.77% | ₹7.71 Cr | +1.05% | +1.10% | +1.60% |
| company:1151 | Chemicals | 0.64% | ₹6.39 Cr | — | — | — |
| Pidilite Industries Ltd. | Chemicals | 0.61% | ₹6.17 Cr | +1.48% | +0.89% | +0.75% |
| Radico Khaitan Ltd. | Consumer Staples | 0.61% | ₹6.13 Cr | +1.43% | +0.76% | — |
| Nippon Life India Asset Management Ltd. | Financial | 0.57% | ₹5.69 Cr | +1.09% | +0.23% | +0.47% |
| National Highways Authority of India Ltd. | Services | 0.54% | ₹5.42 Cr | +0.55% | +0.55% | — |
| Nuclear Power Corpn. Of India Ltd. | Energy | 0.53% | ₹5.29 Cr | +0.54% | +0.55% | +0.81% |
| Karnataka State | Others | 0.51% | ₹5.15 Cr | — | — | — |
| GOI | Sovereign | 0.51% | ₹5.14 Cr | +1.07% | +1.07% | +1.53% |
| company:10198 | Financial | 0.50% | ₹5.00 Cr | — | +2.56% | — |
| HDFC Bank Ltd. | Financial | 0.49% | ₹4.91 Cr | +3.04% | +3.60% | +1.42% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:11821 | 0.00% | 2.48% | +2.48% |
| company:15106 | 0.00% | 1.47% | +1.47% |
| Tata Motors Passenger Vehicles Ltd. | 1.41% | 0.00% | -1.41% |
| company:17603 | 0.00% | 1.27% | +1.27% |
| Indian Railway Finance Corporation Ltd. | 0.28% | 1.51% | +1.24% |
| company:20327 | 0.00% | 1.11% | +1.11% |
| Metro Brands Ltd. | 1.09% | 0.00% | -1.09% |
| Grasim Industries Ltd. | 1.07% | 0.00% | -1.07% |
| company:5897 | 0.00% | 1.05% | +1.05% |
| ITC Ltd. | 1.02% | 0.00% | -1.02% |
| Shree Cement Ltd. | 1.02% | 0.00% | -1.02% |
| company:407 | 0.00% | 0.98% | +0.98% |
| LIC MF Gold ETF | 14.20% | 15.07% | +0.87% |
| Others | -0.60% | 0.10% | +0.70% |
| Radico Khaitan Ltd. | 1.31% | 0.61% | -0.70% |
| company:1151 | 0.00% | 0.64% | +0.64% |
| Multi Commodity Exchange Of India Ltd. | 1.66% | 2.24% | +0.58% |
| Bharti Airtel Ltd. | 2.64% | 2.09% | -0.55% |
| GOI | 1.05% | 0.51% | -0.54% |
| Gujarat State | 0.52% | 0.00% | -0.52% |
| Cohance Lifesciences Ltd. | 1.21% | 1.72% | +0.51% |
| company:10198 | 0.00% | 0.50% | +0.50% |
| Schneider Electric Infrastructure Ltd. | 0.55% | 1.03% | +0.48% |
| Apollo Hospitals Enterprise Ltd. | 1.51% | 1.05% | -0.46% |
| Pidilite Industries Ltd. | 0.96% | 0.61% | -0.35% |
| Nippon Life India Asset Management Ltd. | 0.81% | 0.57% | -0.25% |
| Persistent Systems Ltd. | 1.25% | 1.48% | +0.23% |
| SML Mahindra Ltd. | 2.10% | 2.31% | +0.22% |
| PB Fintech Ltd. | 1.51% | 1.72% | +0.21% |
| Aditya Birla Sun Life Silver ETF-Growth | 3.69% | 3.88% | +0.19% |
| MOIL Ltd. | 1.06% | 0.91% | -0.15% |
| INDO-MIM Ltd. | 1.53% | 1.68% | +0.15% |
| Jindal Stainless Ltd. | 2.13% | 1.98% | -0.15% |
| LG Electronics India Ltd. | 1.23% | 1.09% | -0.14% |
| Coforge Ltd. | 0.91% | 0.77% | -0.14% |
| Navin Fluorine International Ltd. | 1.05% | 1.17% | +0.12% |
| Oracle Financial Services Software Ltd. | 1.15% | 1.25% | +0.10% |
| Britannia Industries Ltd. | 1.69% | 1.59% | -0.10% |
| Abbott India Ltd. | 1.00% | 0.91% | -0.10% |
| Ultratech Cement Ltd. | 1.35% | 1.27% | -0.09% |
| Trent Ltd. | 1.23% | 1.14% | -0.08% |
| BEML Ltd. | 0.98% | 1.06% | +0.08% |
| Godfrey Phillips India Ltd. | 1.81% | 1.74% | -0.07% |
| Axis Bank Ltd. | 2.43% | 2.50% | +0.07% |
| Mahindra & Mahindra Ltd. | 1.15% | 1.08% | -0.07% |
| Tata Steel Ltd. | 1.21% | 1.15% | -0.07% |
| Bank Of Baroda | 1.46% | 1.40% | -0.06% |
| Tata Motors Ltd. | 1.05% | 1.00% | -0.06% |
| Sun Pharmaceutical Industries Ltd. | 1.91% | 1.85% | -0.06% |
| ICICI Bank Ltd. | 3.83% | 3.78% | -0.05% |
| Siemens Energy India Ltd. | 1.44% | 1.40% | -0.04% |
| Torrent Pharmaceuticals Ltd. | 1.02% | 0.98% | -0.04% |
| Interglobe Aviation Ltd. | 2.56% | 2.53% | -0.04% |
| Garware Hi-Tech Films Ltd. | 1.29% | 1.26% | -0.04% |
| Bharat Electronics Ltd. | 0.84% | 0.88% | +0.03% |
| BSE Ltd. | 1.37% | 1.39% | +0.03% |
| Cholamandalam Investment and Finance Company Ltd. | 1.08% | 1.06% | -0.02% |
| Karur Vysya Bank Ltd. | 2.02% | 1.99% | -0.02% |
| Allied Blenders And Distillers Ltd. | 0.79% | 0.77% | -0.02% |
| National Highways Authority of India Ltd. | 0.55% | 0.54% | -0.02% |
| Nuclear Power Corpn. Of India Ltd. | 0.54% | 0.53% | -0.02% |
| Karnataka State | 0.53% | 0.51% | -0.01% |
| HDFC Bank Ltd. | 0.50% | 0.49% | -0.01% |
| Vishal Mega Mart Ltd. | 1.56% | 1.57% | +0.01% |
| State Bank of India | 1.92% | 1.93% | +0.01% |
| Larsen & Toubro Ltd. | 2.48% | 2.48% | 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 | ₹7,364 Cr | 1.57% | 5.8% | 12.6% | 15.3% |
 Nippon India Multi Asset Allocation Fund | ₹17,984 Cr | 1.44% | 4.8% | 13.1% | 15.3% |
 WhiteOak Capital Multi Asset Allocation Fund | ₹8,778 Cr | 1.67% | 7.4% | 13.0% | — |
 Quant Multi Asset Allocation Fund | ₹6,528 Cr | 2.32% | 6.8% | 14.1% | 17.4% |
| Nippon India Multi - Asset Omni FoF | ₹3,056 Cr | 1.08% | 4.0% | 10.9% | 14.7% |
 Aditya Birla Sun Life Multi-Asset Omni FoF | ₹478 Cr | 1.33% | 6.0% | 11.8% | 13.8% |
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 months7.36% absolute | ₹60,000 | ₹64,416 | 7.36% | |
| 1 year4.86% annualised | ₹1,20,000 | ₹1,23,206 | 2.67% |
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 ₹12.14 as on 24 Sep 2026.
What is the expense ratio of LIC MF Multi Asset Allocation Fund?
The expense ratio of LIC MF Multi Asset Allocation Fund is 2.39% 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 ₹50,329 Cr under management.