LIC MF Technology Fund
- NAV as on 25 Sep 2026
- ₹10.85-0.41%1 day
- Return since launch
- 8.4%
- 52-week range
- ₹9.95 — ₹11.48
- AUM
- ₹95.03 Cr
LIC MF Technology Fund is a Sectoral-Technology equity fund from LIC Mutual Fund with ₹95.03 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 +8.4% against +6.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.4% | +1.0 pts | -5.3% | -5.3% |
| 3M | 3.3% | −2.5 pts | 5.8% | 6.3% |
| 6M | 8.2% | +0.4 pts | 7.8% | 5.2% |
Since launch (20 Feb 2026): 8.4%
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
2.83%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.10%
- Transaction charges
- 0.01%
- Statutory levies
- 0.62%
- 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 31 Aug 2026
Asset allocation
- Equity94.9%
- Other5.1%
Market cap split
- Large40.9%
- Mid44.1%
- Small14.9%
- P/E
- 38.95
- P/B
- 6.72
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Bharti Airtel Ltd. | Communication | 8.82% | ₹8.39 Cr | +8.65% | +4.63% | — |
| Infosys Ltd. | Technology | 7.96% | ₹7.57 Cr | +8.56% | +4.73% | — |
| Persistent Systems Ltd. | Technology | 6.51% | ₹6.18 Cr | +4.69% | +1.62% | — |
| Tata Consultancy Services Ltd. | Technology | 5.30% | ₹5.04 Cr | +4.06% | +2.34% | — |
| Tech Mahindra Ltd. | Technology | 5.16% | ₹4.91 Cr | +5.21% | +2.76% | — |
| Others | Others | 5.09% | ₹4.83 Cr | +30.26% | +1.15% | — |
| Eternal Ltd. | Services | 4.86% | ₹4.61 Cr | +4.11% | +1.95% | — |
| One97 Communications Ltd. | Services | 4.63% | ₹4.40 Cr | +3.02% | +1.47% | — |
| RateGain Travel Technologies Ltd. | Technology | 3.35% | ₹3.19 Cr | +2.28% | +0.72% | — |
| Oracle Financial Services Software Ltd. | Technology | 3.26% | ₹3.10 Cr | +3.10% | +0.80% | — |
| Coforge Ltd. | Technology | 3.24% | ₹3.08 Cr | +2.19% | — | — |
| Mphasis Ltd. | Technology | 3.06% | ₹2.91 Cr | +3.17% | +1.56% | — |
| company:17603 | Services | 2.88% | ₹2.74 Cr | — | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 2.83% | ₹2.69 Cr | +2.18% | +0.77% | — |
| Tata Communications Ltd. | Communication | 2.58% | ₹2.45 Cr | +3.26% | +1.13% | — |
| BSE Ltd. | Services | 2.56% | ₹2.44 Cr | +2.08% | +0.75% | — |
| Affle 3I Ltd. | Technology | 2.36% | ₹2.25 Cr | +1.90% | +0.86% | — |
| FSN E-Commerce Ventures Ltd. | Services | 2.31% | ₹2.19 Cr | +1.92% | +0.78% | — |
| company:20312 | Consumer Discretionary | 2.23% | ₹2.12 Cr | — | — | — |
| PB Fintech Ltd. | Services | 2.17% | ₹2.06 Cr | +1.79% | +0.77% | — |
| Apar Industries Ltd. | Consumer Staples | 2.09% | ₹1.99 Cr | +1.10% | +0.40% | — |
| LG Electronics India Ltd. | Consumer Discretionary | 1.97% | ₹1.87 Cr | +1.96% | +0.75% | — |
| Cummins India Ltd. | Capital Goods | 1.66% | ₹1.58 Cr | +1.34% | +0.58% | — |
| Indus Towers Ltd. | Communication | 1.63% | ₹1.55 Cr | +1.48% | — | — |
| GE Vernova T&D India Ltd | Capital Goods | 1.57% | ₹1.49 Cr | +2.01% | +0.78% | — |
| CarTrade Tech Ltd. | Services | 1.48% | ₹1.41 Cr | — | — | — |
| Schneider Electric Infrastructure Ltd. | Capital Goods | 1.43% | ₹1.36 Cr | +2.02% | +0.75% | — |
| Shadowfax Technologies Ltd. | Services | 1.36% | ₹1.29 Cr | — | — | — |
| Techno Electric & Engineering Company Ltd. | Capital Goods | 1.32% | ₹1.25 Cr | +0.84% | +0.37% | — |
| L&T Technology Services Ltd. | Technology | 1.31% | ₹1.24 Cr | +1.37% | +0.67% | — |
| Siemens Energy India Ltd. | Energy | 1.16% | ₹1.10 Cr | +1.89% | +0.56% | — |
| Bharti Hexacom Ltd. | Communication | 0.98% | ₹0.93 Cr | +2.24% | +1.14% | — |
| Polycab India Ltd. | Capital Goods | 0.89% | ₹0.85 Cr | +2.02% | +0.76% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:17603 | 0.00% | 2.88% | +2.88% |
| company:20312 | 0.00% | 2.23% | +2.23% |
| HCL Technologies Ltd. | 2.19% | 0.00% | -2.19% |
| Coforge Ltd. | 4.71% | 3.24% | -1.48% |
| Tata Consultancy Services Ltd. | 3.94% | 5.30% | +1.37% |
| Persistent Systems Ltd. | 5.25% | 6.51% | +1.26% |
| Bharti Hexacom Ltd. | 2.23% | 0.98% | -1.26% |
| Polycab India Ltd. | 1.79% | 0.89% | -0.90% |
| RateGain Travel Technologies Ltd. | 2.59% | 3.35% | +0.76% |
| Multi Commodity Exchange Of India Ltd. | 2.30% | 2.83% | +0.54% |
| Oracle Financial Services Software Ltd. | 3.77% | 3.26% | -0.51% |
| Schneider Electric Infrastructure Ltd. | 1.94% | 1.43% | -0.50% |
| Others | -0.29% | 0.13% | +0.43% |
| BSE Ltd. | 2.15% | 2.56% | +0.42% |
| Apar Industries Ltd. | 1.74% | 2.09% | +0.36% |
| Siemens Energy India Ltd. | 1.46% | 1.16% | -0.31% |
| Eternal Ltd. | 4.58% | 4.86% | +0.27% |
| PB Fintech Ltd. | 1.89% | 2.17% | +0.27% |
| Tech Mahindra Ltd. | 5.36% | 5.16% | -0.20% |
| Bharti Airtel Ltd. | 8.62% | 8.82% | +0.20% |
| LG Electronics India Ltd. | 1.77% | 1.97% | +0.20% |
| Cummins India Ltd. | 1.84% | 1.66% | -0.18% |
| One97 Communications Ltd. | 4.80% | 4.63% | -0.18% |
| Infosys Ltd. | 8.13% | 7.96% | -0.17% |
| Tata Communications Ltd. | 2.70% | 2.58% | -0.11% |
| CarTrade Tech Ltd. | 1.38% | 1.48% | +0.10% |
| FSN E-Commerce Ventures Ltd. | 2.26% | 2.31% | +0.05% |
| Shadowfax Technologies Ltd. | 1.31% | 1.36% | +0.05% |
| Indus Towers Ltd. | 1.68% | 1.63% | -0.05% |
| Affle 3I Ltd. | 2.40% | 2.36% | -0.04% |
| Mphasis Ltd. | 3.02% | 3.06% | +0.04% |
| Techno Electric & Engineering Company Ltd. | 1.35% | 1.32% | -0.03% |
| L&T Technology Services Ltd. | 1.32% | 1.31% | -0.01% |
| GE Vernova T&D India Ltd | 1.56% | 1.57% | +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 | ₹4,302 Cr | 1.73% | -8.9% | -3.0% | 4.3% |
 ICICI Prudential Technology Fund | ₹13,661 Cr | 1.87% | -10.1% | -4.4% | 2.0% |
 SBI Technology Opportunities Fund | ₹4,488 Cr | 2.00% | -6.8% | -0.8% | 5.1% |
 Franklin India Technology Fund | ₹1,759 Cr | 2.15% | -9.8% | -3.2% | 5.9% |
 HDFC Technology Fund | ₹1,484 Cr | 2.16% | -12.9% | -6.0% | — |
 Tata Nifty India Digital ETF FoF | ₹117 Cr | 0.48% | -4.8% | -0.5% | — |
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.
- 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 months8.19% absolute | ₹60,000 | ₹64,914 | 8.19% |
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.