LIC MF Technology Fund
- NAV as on 9 Nov 2026
- ₹11.46-0.31%1 day
- Return since launch
- 14.8%
- 52-week range
- ₹9.95 — ₹11.55
- AUM
- ₹89.97 Cr
LIC MF Technology Fund is a Sectoral-Technology equity fund from LIC Mutual Fund with ₹89.97 Cr under management, launched in 2026. The expense ratio is 2.81% and the SEBI riskometer reading is Very High.
Performance
LIC MF Technology Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +14.5% against +13.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 5.5% | −3.6 pts | 9.0% | 6.4% |
| 3M | 0.8% | −0.6 pts | 1.5% | -0.6% |
| 6M | 9.3% | −1.9 pts | 11.2% | 8.1% |
Since launch (20 Feb 2026): 14.8%
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
2.85%
Expense ratio as on 7 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.11%
- Transaction charges
- 0.01%
- Statutory levies
- 0.63%
- Exit load
- Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE Teck 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.
Portfolio
LIC MF Technology Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity87.6%
- Other12.4%
Market cap split
- Large44.4%
- Mid40.2%
- Small15.4%
- P/E
- 35.82
- P/B
- 6.22
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 12.43% | ₹11.18 Cr | +0.21% | +1.15% | — |
| Bharti Airtel Ltd. | Communication | 9.04% | ₹8.13 Cr | +8.74% | +4.63% | — |
| Infosys Ltd. | Technology | 7.38% | ₹6.64 Cr | +7.77% | +4.73% | — |
| Persistent Systems Ltd. | Technology | 6.48% | ₹5.83 Cr | +4.30% | +1.62% | — |
| Eternal Ltd. | Services | 5.51% | ₹4.96 Cr | +4.33% | +1.95% | — |
| Tech Mahindra Ltd. | Technology | 5.10% | ₹4.59 Cr | +4.92% | +2.76% | — |
| Tata Consultancy Services Ltd. | Technology | 4.79% | ₹4.31 Cr | +3.65% | +2.34% | — |
| RateGain Travel Technologies Ltd. | Technology | 3.98% | ₹3.58 Cr | +2.74% | +0.72% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 3.63% | ₹3.27 Cr | +2.09% | +0.77% | — |
| Tata Communications Ltd. | Communication | 3.63% | ₹3.26 Cr | +3.26% | +1.13% | — |
| Coforge Ltd. | Technology | 3.01% | ₹2.71 Cr | +2.73% | — | — |
| Mphasis Ltd. | Technology | 2.87% | ₹2.58 Cr | +3.01% | +1.56% | — |
| Delhivery Ltd. | Services | 2.73% | ₹2.46 Cr | — | — | — |
| BSE Ltd. | Services | 2.55% | ₹2.29 Cr | +1.93% | +0.75% | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 2.44% | ₹2.19 Cr | — | — | — |
| Affle 3I Ltd. | Technology | 2.36% | ₹2.12 Cr | +2.32% | +0.86% | — |
| FSN E-Commerce Ventures Ltd. | Services | 2.23% | ₹2.01 Cr | +2.27% | +0.78% | — |
| Apar Industries Ltd. | Consumer Staples | 2.17% | ₹1.95 Cr | +1.31% | +0.40% | — |
| LG Electronics India Ltd. | Consumer Discretionary | 2.11% | ₹1.90 Cr | +1.99% | +0.75% | — |
| Indus Towers Ltd. | Communication | 1.65% | ₹1.48 Cr | +1.31% | — | — |
| Cummins India Ltd. | Capital Goods | 1.63% | ₹1.47 Cr | +1.29% | +0.58% | — |
| GE Vernova T&D India Ltd | Capital Goods | 1.56% | ₹1.41 Cr | +1.93% | +0.78% | — |
| CarTrade Tech Ltd. | Services | 1.51% | ₹1.36 Cr | — | — | — |
| Schneider Electric Infrastructure Ltd. | Capital Goods | 1.49% | ₹1.34 Cr | +2.10% | +0.75% | — |
| Techno Electric & Engineering Company Ltd. | Capital Goods | 1.43% | ₹1.29 Cr | +1.56% | +0.37% | — |
| One 97 Communications Ltd. | Services | 1.31% | ₹1.17 Cr | +3.08% | +1.47% | — |
| PB Fintech Ltd. | Services | 1.30% | ₹1.17 Cr | +1.71% | +0.77% | — |
| L&T Technology Services Ltd. | Technology | 1.23% | ₹1.11 Cr | +1.25% | +0.67% | — |
| Siemens Energy India Ltd. | Energy | 1.21% | ₹1.09 Cr | +1.80% | +0.56% | — |
| Polycab India Ltd. | Capital Goods | 0.80% | ₹0.72 Cr | +2.12% | +0.76% | — |
| National Stock Exchange | Financial | 0.43% | ₹0.38 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| One 97 Communications Ltd. | 4.63% | 1.31% | -3.32% |
| Oracle Financial Services Software Ltd. | 3.26% | 0.00% | -3.26% |
| Shadowfax Technologies Ltd. | 1.36% | 0.00% | -1.36% |
| Tata Communications Ltd. | 2.58% | 3.63% | +1.04% |
| Bharti Hexacom Ltd. | 0.98% | 0.00% | -0.98% |
| Others | 0.13% | 1.04% | +0.91% |
| PB Fintech Ltd. | 2.17% | 1.30% | -0.87% |
| Multi Commodity Exchange Of India Ltd. | 2.83% | 3.63% | +0.80% |
| Eternal Ltd. | 4.86% | 5.51% | +0.66% |
| RateGain Travel Technologies Ltd. | 3.35% | 3.98% | +0.62% |
| Infosys Ltd. | 7.96% | 7.38% | -0.59% |
| Tata Consultancy Services Ltd. | 5.30% | 4.79% | -0.52% |
| National Stock Exchange | 0.00% | 0.43% | +0.43% |
| Coforge Ltd. | 3.24% | 3.01% | -0.22% |
| Bharti Airtel Ltd. | 8.82% | 9.04% | +0.21% |
| Lenskart Solutions Ltd. | 2.23% | 2.44% | +0.21% |
| Mphasis Ltd. | 3.06% | 2.87% | -0.19% |
| Delhivery Ltd. | 2.88% | 2.73% | -0.15% |
| LG Electronics India Ltd. | 1.97% | 2.11% | +0.14% |
| Techno Electric & Engineering Company Ltd. | 1.32% | 1.43% | +0.11% |
| Polycab India Ltd. | 0.89% | 0.80% | -0.09% |
| Apar Industries Ltd. | 2.09% | 2.17% | +0.08% |
| FSN E-Commerce Ventures Ltd. | 2.31% | 2.23% | -0.08% |
| L&T Technology Services Ltd. | 1.31% | 1.23% | -0.07% |
| Schneider Electric Infrastructure Ltd. | 1.43% | 1.49% | +0.06% |
| Tech Mahindra Ltd. | 5.16% | 5.10% | -0.06% |
| Siemens Energy India Ltd. | 1.16% | 1.21% | +0.05% |
| CarTrade Tech Ltd. | 1.48% | 1.51% | +0.04% |
| Cummins India Ltd. | 1.66% | 1.63% | -0.03% |
| Indus Towers Ltd. | 1.63% | 1.65% | +0.02% |
| Persistent Systems Ltd. | 6.51% | 6.48% | -0.02% |
| BSE Ltd. | 2.56% | 2.55% | -0.01% |
| Affle 3I Ltd. | 2.36% | 2.36% | 0.00% |
| GE Vernova T&D India Ltd | 1.57% | 1.56% | 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 | ₹3,952 Cr | 1.73% | 7.0% | 1.5% | 7.1% |
 ICICI Prudential Technology Fund | ₹12,505 Cr | 1.89% | 6.6% | 0.6% | 4.9% |
 SBI Technology Opportunities Fund | ₹4,155 Cr | 1.97% | 9.3% | 3.9% | 7.9% |
 Franklin India Technology Fund | ₹1,623 Cr | 2.16% | 6.5% | 1.1% | 8.5% |
 HDFC Technology Fund | ₹1,371 Cr | 2.14% | 7.3% | 0.0% | — |
 Tata Nifty India Digital ETF FoF | ₹108 Cr | 0.48% | 5.1% | 1.7% | — |
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 predominantly investing in equity and equity related instruments of technology & technology-related companies.
Fund managers
- Siddharth PanjwaniCFA Institute, USA, MBA - Carnegie Mellon University, B.E., Computer SciencePrior to joining the LIC AMC, he was associated with People Hum Technologies Pvt Ltd, Engati Technologies Pvt Ltd, PiMonk Tech Pvt Ltd, Quinbay Technologies Pvt Ltd, Pickright Technologies Pvt Ltd, Quintessential Investment Advisors LLP and Lazard Asset Management.
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 months9.28% absolute | ₹60,000 | ₹65,568 | 9.28% |
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.