LIC MF Large & Mid Cap Fund

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

The LIC MF Large & Mid Cap Fund is a 11 yrs old fund and has delivered average annual returns of 12.74% since inception. LIC MF Large & Mid Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 3.98% 16.93% 14.54% 15.36% 12.74%

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

The LIC MF Large & Mid Cap Fund has an expense ratio of 1.93% , 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)
₹37.2025-0.91% 1 day change	12.74% p.a.	App exclusive #NA View Ranked Funds	₹3,116 Cr

Historical NAV & returns

NAV: ₹37.2025 as on Feb 02, 2026

This fund Category average

LIC MF Large & Mid Cap Fund overview

AUM (Fund size)	₹3,116 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	11 yrs since Feb 02, 2015
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.93% as on Feb 02, 2026
Plan type	Regular
Risk	Very 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 Large & Mid Cap 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	-5.44%	-5.16%
3 Months	-5.97%	-5.36%
6 Months	-3.08%	-2.08%
1 Year	3.98%	5.53%
2 Years	8.91%	8.86%
3 Years	16.93%	17.13%
4 Years	10.53%	12.21%
5 Years	14.54%	15.56%
7 Years	15.05%	15.83%
10 Years	15.36%	14.64%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 44.68%

Mid Cap 33.31%

Small Cap 19.63%

Other Cap 0%

Top holdings

HDFC Bank Ltd.5.18%

ICICI Bank Ltd.4.67%

Shakti Pumps (India) Ltd.3.05%

Kotak Mahindra Bank Ltd.2.51%

Top sectors

Financial 22.979999999999997%

Capital Goods 15.639999999999997%

Services 10.680000000000001%

Automobile 8.049999999999999%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 2.62954289%

Other Holdings

Others 2.63%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Large & Mid Cap Fund	-5.44%	-3.08%	3.98%	16.93%	14.54%	15.36%
ICICI Prudential Large & Mid Cap Fund	-4.92%	3.34%	8.25%	20.23%	20.44%	16.62%
Bandhan Large & Mid Cap Fund	-4.96%	1.12%	9.42%	22.21%	19.21%	16.59%
UTI Large & Mid Cap Fund	-3.85%	3.11%	9.59%	21.4%	19.04%	15.42%
HDFC Large and Mid Cap Fund	-5.26%	-0.43%	7.44%	19.27%	18.9%	15.92%
Kotak Large & Midcap Fund	-3.01%	2.55%	11.95%	19.11%	17.22%	16.67%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Large & Mid Cap Fund	14.68	1.07	0.75	1.11
ICICI Prudential Large & Mid Cap Fund	11.76	0.9	1.14	1.62
Bandhan Large & Mid Cap Fund	13.37	1.01	1.16	1.6
UTI Large & Mid Cap Fund	13.24	1.02	1.1	1.58
HDFC Large and Mid Cap Fund	13.86	1.08	0.93	1.38
Kotak Large & Midcap Fund	12.57	0.94	1.01	1.31

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Large & Mid Cap Fund	N.A.	3,116 Cr	11 yrs	1.93%
ICICI Prudential Large & Mid Cap Fund	N.A.	27,745 Cr	27 yrs 7 m	1.63%
Bandhan Large & Mid Cap Fund	N.A.	13,636 Cr	20 yrs 7 m	1.69%
UTI Large & Mid Cap Fund	N.A.	5,635 Cr	20 yrs 6 m	1.87%
HDFC Large and Mid Cap Fund	N.A.	28,980 Cr	32 yrs	1.63%
Kotak Large & Midcap Fund	N.A.	30,039 Cr	21 yrs 6 m	1.58%

View all Large & Midcap funds

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

Alpha	0.67 vs. 5.15 Underperformed at beating benchmark
Sharpe	0.75 vs. 5.94 Poor risk-adjusted returns
Beta	1.07 vs. 0.91 More sensitive to market's ups & downs
Standard deviation	14.68 vs. 10.81 More volatile performance

Compare LIC MF Large & Mid Cap Fund in detail with

About this fund

About LIC MF Large & Mid Cap Fund

LIC MF Large & Mid Cap Fund is a Large & MidCap mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 11 yrs, having been launched on 02/02/2015. LIC MF Large & Mid Cap Fund has ₹3,116 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 Large & Mid Cap Fund as of 02/02/2026 is ₹37.20. The fund has an expense ratio of 1.93%, which is higher than what most other Large & Midcap funds charge.

LIC MF Large & Mid Cap Fund returns of last 1-year are 1.77%. Since launch, it has delivered 12.75% average annual returns. The fund has doubled the money invested in it every 6 yrs.
LIC MF Large & Mid Cap 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 average.
The fund has the majority of its money invested in Financial, Capital Goods, Services, Automobile, Consumer Staples sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Shakti Pumps (India) Ltd., Kotak Mahindra Bank Ltd., Reliance Industries Ltd..

...

Fund AUM	3,116 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Yogesh Patil

Mr. Patil is an MBA (Finance). Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.

Dikshit Mittal

Mr. Mittal is a MBA (Finance) - ICFAI Busines School, Hyderabad. B-Tech (Chemical) - Punjab Technical University. Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.

Investment objective

The scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of large cap and midcap companies.

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 Infrastructure Fund	N.A.	1,003 Cr	8.81%	23.34%
LIC MF Small Cap Fund	N.A.	619 Cr	-7.84%	19.38%
LIC MF Dividend Yield Fund	N.A.	689 Cr	5.05%	16.22%
LIC MF Midcap Fund	N.A.	346 Cr	0.48%	15.17%
LIC MF Value Fund	N.A.	199 Cr	-0.3%	13.44%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of LIC MF Large & Mid Cap Fund?

The current Net Asset Value (NAV) of the LIC MF Large & Mid Cap Fund plan is approximately ₹37.2025 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The LIC MF Large & Mid Cap Fund is a 11 yrs old fund and has delivered average annual returns of 12.74% since inception.

LIC MF Large & Mid Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
3.98%	16.93%	14.54%	15.36%	12.74%

How much does this mutual fund charge as expense ratio?

The LIC MF Large & Mid Cap Fund has an expense ratio of 1.93%, 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 Large & Mid Cap Fund currently has assets under management (AUM) or fund size valued at approximately 3,116 Cr as on Dec 31, 2025.

What are the top stock holdings of LIC MF Large & Mid Cap Fund?

The LIC MF Large & Mid Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.18%
ICICI Bank Ltd.	4.67%
Shakti Pumps (India) Ltd.	3.05%
Kotak Mahindra Bank Ltd.	2.51%
Reliance Industries Ltd.	2.14%
Tata Consultancy Services Ltd.	2.11%
REC Ltd.	2.05%
Garware Hi-Tech Films Ltd.	1.87%
Abbott India Ltd.	1.87%
Apollo Hospitals Enterprise Ltd.	1.82%

What are the top sectors LIC MF Large & Mid Cap Fund has invested in?

The LIC MF Large & Mid Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	22.979999999999997%
Capital Goods	15.639999999999997%
Services	10.680000000000001%
Automobile	8.049999999999999%
Consumer Staples	7.03%
Healthcare	6.71%
Technology	6.1899999999999995%
Energy	4.21%
Chemicals	3.3100000000000005%
Materials	3.12%

What is risk level of LIC MF Large & Mid Cap Fund?

This is a Large & Midcap fund comes with Very 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 Large & Mid Cap Fund?

Redeeming your investments in the LIC MF Large & Mid Cap 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 Large & MidCap

#NA

Return Outperformance: This fund has generated highest return amongst Large & MidCap funds in the last 10 Years.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's 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.