LIC MF Equity Savings Fund

Q: What are the returns of this mutual fund scheme?

The LIC MF Equity Savings Fund is a 14 yrs 11 m old fund and has delivered average annual returns of 6.97% since inception. LIC MF Equity Savings Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.53% 8.47% 7.09% 6.76% 6.97%

Q: How much does this mutual fund charge as expense ratio?

The LIC MF Equity Savings Fund has an expense ratio of 2.36% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹27.3713-0.67% 1 day change	6.97% p.a.	App exclusive #NA View Ranked Funds	₹36 Cr

Historical NAV & returns

NAV: ₹27.3713 as on Feb 02, 2026

This fund Category average

LIC MF Equity Savings Fund overview

AUM (Fund size)	₹36 Cr
Exit load	1.0% Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.!
Lock-in Period	Nil
Age	14 yrs 11 m since Feb 14, 2011
Benchmark	NIFTY Equity Savings TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	2.36% as on Feb 02, 2026
Plan type	Regular
Risk	Moderately High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

LIC MF Equity Savings Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-2.75%	-1.17%
3 Months	-3.45%	-0.56%
6 Months	-1.0%	1.52%
1 Year	6.53%	5.89%
2 Years	6.49%	6.4%
3 Years	8.47%	8.78%
4 Years	6.68%	7.06%
5 Years	7.09%	7.46%
7 Years	7.94%	7.9%
10 Years	6.76%	7.68%

Asset allocationas on Dec 31, 2025

Large Cap 22.56%

Mid Cap 7.32%

Small Cap 8.81%

Other Cap 0%

Top holdings

Tata Steel Ltd.2.46%

Bank Of Baroda2.39%

Ashok Leyland Ltd.1.98%

National Aluminium Company Ltd.1.95%

Top sectors

Financial 12.419999999999998%

Automobile 8.86%

Metals & Mining 7.86%

Services 5.96%

Cash 33.17212793%

Cash & Call Money 18.08353817%

A1+ 7.877692%

SOV 1.932164%

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Cash Margin 33.17212793%

Repo 20.41179117%

Mutual Fund 9.90391171%

Other Holdings

Others 20.41%

LIC MF Liquid Fund - Direct Plan 9.9%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Equity Savings Fund	-2.75%	-1.0%	6.53%	8.47%	7.09%	6.76%
Kotak Equity Savings Fund	-2.82%	2.25%	6.3%	10.64%	9.78%	9.42%
Edelweiss Equity Savings Fund	-1.26%	2.49%	7.48%	10.96%	9.05%	9.26%
UTI Equity Savings Fund	-1.04%	3.88%	7.36%	10.58%	9.7%	6.56%
ICICI Prudential Equity Savings Fund	-0.69%	2.52%	6.93%	8.46%	7.93%	8.71%
Tata Equity Savings Fund	-1.14%	1.71%	5.98%	9.74%	8.0%	7.91%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Equity Savings Fund	6.54	0.8	0.4	0.55
Kotak Equity Savings Fund	5.2	0.69	0.86	1.04
Edelweiss Equity Savings Fund	3.47	0.44	1.34	1.86
UTI Equity Savings Fund	4.04	0.55	1.09	1.56
ICICI Prudential Equity Savings Fund	2.39	0.29	0.89	1.33
Tata Equity Savings Fund	3.38	0.45	1.02	1.76

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Equity Savings Fund	N.A.	36 Cr	14 yrs 11 m	2.36%
Kotak Equity Savings Fund	N.A.	9,651 Cr	11 yrs 4 m	1.75%
Edelweiss Equity Savings Fund	N.A.	1,195 Cr	11 yrs 4 m	1.58%
UTI Equity Savings Fund	N.A.	810 Cr	7 yrs 5 m	1.67%
ICICI Prudential Equity Savings Fund	N.A.	18,060 Cr	11 yrs 2 m	0.98%
Tata Equity Savings Fund	N.A.	278 Cr	28 yrs 10 m	1.14%

View all Equity Savings funds

Key risk & return ratios Compared to other funds in the category

Alpha	-1.07 vs. 3.25 Underperformed at beating benchmark
Sharpe	0.4 vs. 3.24 Poor risk-adjusted returns
Beta	0.8 vs. 0.77 More sensitive to market's ups & downs
Standard deviation	6.54 vs. 3.72 More volatile performance

Compare LIC MF Equity Savings Fund in detail with

About this fund

About LIC MF Equity Savings Fund

LIC MF Equity Savings Fund is a Equity Savings mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 14 yrs 11 m, having been launched on 14/02/2011. LIC MF Equity Savings Fund has ₹36 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of LIC MF Equity Savings Fund as of 02/02/2026 is ₹27.37. The fund has an expense ratio of 2.36%, which is higher than what most other Equity Savings funds charge. Currently, the fund has a 38.68% allocation to equity and 10.07% to Debt.

LIC MF Equity Savings Fund returns of last 1-year are 4.43%. Since launch, it has delivered 6.98% average annual returns. The fund has doubled the money invested in it every 12 yrs.
LIC MF Equity Savings Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is low.
The fund's equity portion is primarily invested in Financial, Unclassified, Automobile, Metals & Mining, Services sectors. It has taken less exposure in Financial, Unclassified sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in LIC MF Liquid Fund - Direct Plan, Tata Steel Ltd., Bank Of Baroda, Ashok Leyland Ltd., National Aluminium Company Ltd..

...

Fund AUM	36 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Pratik Harish Shroff

Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta Prior 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 Bhatnagar

Mr. 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.

Investment objective

The scheme seeks to provide regular income by investing in debt and money market instruments and using arbitrage and other derivative strategies. Also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments.

LIC Mutual Fund details

No. of schemes	32 view all schemes
Total AUM	44,894 Cr as on Dec 31, 2025
Address	Industrial Assurance Building Ground Floor, Opp. Churchgate Station Mumbai, 400020
Email	br.mumbai@licmf.com
Phone	022-66016177 / 022-66016178

More funds from LIC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
LIC MF ULIS Fund	N.A.	457 Cr	0.04%	9.72%
LIC MF Aggressive Hybrid Fund	N.A.	534 Cr	6.07%	9.5%
LIC MF Balanced Advantage Fund	N.A.	742 Cr	3.78%	N.A.
LIC MF Conservative Hybrid Fund	N.A.	49 Cr	4.3%	5.58%
LIC MF Arbitrage Fund	N.A.	259 Cr	5.97%	5.52%
LIC MF Multi Asset Allocation Fund	N.A.	904 Cr	18.45%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of LIC MF Equity Savings Fund?

The current Net Asset Value (NAV) of the LIC MF Equity Savings Fund plan is approximately ₹27.3713 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The LIC MF Equity Savings Fund is a 14 yrs 11 m old fund and has delivered average annual returns of 6.97% since inception.

LIC MF Equity Savings Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.53%	8.47%	7.09%	6.76%	6.97%

How much does this mutual fund charge as expense ratio?

The LIC MF Equity Savings Fund has an expense ratio of 2.36%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The LIC MF Equity Savings Fund currently has assets under management (AUM) or fund size valued at approximately 36 Cr as on Dec 31, 2025.

What are the top stock holdings of LIC MF Equity Savings Fund?

The LIC MF Equity Savings Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
Tata Steel Ltd.	2.46%
Bank Of Baroda	2.39%
Ashok Leyland Ltd.	1.98%
National Aluminium Company Ltd.	1.95%
Eternal Ltd.	1.86%
Tata Consultancy Services Ltd.	1.86%
Ultratech Cement Ltd.	1.63%
Infosys Ltd.	1.61%
Reliance Industries Ltd.	1.5%
Kotak Mahindra Bank Ltd.	1.46%

What are the top sectors LIC MF Equity Savings Fund has invested in?

The LIC MF Equity Savings Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	12.419999999999998%
Automobile	8.86%
Metals & Mining	7.86%
Services	5.96%
Consumer Staples	5.85%
Capital Goods	5.79%
Healthcare	5.32%
Technology	4.82%
Materials	3.1499999999999995%
Consumer Discretionary	2.9099999999999997%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The LIC MF Equity Savings Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash	33.17212793%
Cash & Call Money	18.08353817%
A1+	7.877692%

What is risk level of LIC MF Equity Savings Fund?

This is a Equity Savings fund comes with Moderately High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in LIC MF Equity Savings Fund?

Redeeming your investments in the LIC MF Equity Savings Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Equity Savings

#NA

Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.