LIC MF Large Cap Fund Direct-Growth

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

The LIC MF Large Cap Fund Direct-Growth is a 12 yrs 8 m old fund and has delivered average annual returns of 12.8% since inception. LIC MF Large Cap Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception -4.78% 13.1% 17.08% 11.88% 12.8%

NAV as of Sep 29, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹62.638-0.01% 1 day change	12.8% p.a.	App exclusive #NA View Ranked Funds	₹1,469 Cr

Historical NAV & returns

NAV: ₹62.638 as on Sep 29, 2025

This fund Category average

LIC MF Large Cap Fund overview

Expense ratio	1.03% as on Aug 31, 2025
Exit load	1.0% Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.!
AUM (Fund size)	₹1,469 Cr
Lock-in Period	Nil
Age	12 yrs 8 m since Jan 01, 2013
Benchmark	NIFTY 100 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
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 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 Sep 30, 2025

Period	This fund	Category average
1 Month	-0.65%	0.03%
3 Months	-3.32%	-2.6%
6 Months	6.54%	6.25%
1 Year	-4.78%	-3.75%
2 Years	14.61%	15.87%
3 Years	13.1%	16.2%
4 Years	8.68%	11.45%
5 Years	17.08%	19.54%
7 Years	13.44%	14.57%
10 Years	11.88%	13.68%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 80.86%

Mid Cap 5.97%

Small Cap 11.36%

Other Cap 0%

Top holdings

HDFC Bank Ltd.9.3%

ICICI Bank Ltd.6.75%

Reliance Industries Ltd.6.17%

Larsen & Toubro Ltd.4.67%

Top sectors

Financial 27.64%

Energy 10.59%

Consumer Staples 9.14%

Automobile 8.18%

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 3.50091551%

Other Holdings

Others 3.5%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Large Cap Fund	-0.65%	6.54%	-4.78%	13.1%	17.08%	11.88%
ICICI Prudential Large Cap Fund	0.26%	7.13%	-1.49%	19.54%	22.63%	15.38%
Nippon India Large Cap Fund	0.25%	9.21%	-0.02%	20.97%	26.18%	15.73%
Canara Robeco Large Cap Fund	-0.18%	6.13%	-1.95%	16.94%	19.52%	15.25%
Baroda BNP Paribas Large Cap Fund	-0.3%	5.12%	-7.04%	17.55%	19.83%	13.93%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Large Cap Fund	12.88	1.01	0.47	0.72
ICICI Prudential Large Cap Fund	11.74	0.91	0.93	1.65
Nippon India Large Cap Fund	11.89	0.92	1.06	1.78
Canara Robeco Large Cap Fund	11.56	0.91	0.77	1.24
Baroda BNP Paribas Large Cap Fund	12.67	0.98	0.75	1.16

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Large Cap Fund	N.A.	1,469 Cr	12 yrs 8 m	1.03%
ICICI Prudential Large Cap Fund	N.A.	71,840 Cr	12 yrs 8 m	0.86%
Nippon India Large Cap Fund	N.A.	39,677 Cr	12 yrs 8 m	0.69%
Canara Robeco Large Cap Fund	N.A.	16,027 Cr	12 yrs 8 m	0.47%
Baroda BNP Paribas Large Cap Fund	N.A.	2,646 Cr	12 yrs 8 m	0.76%

View all Large Cap funds

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

Alpha	-1.08 vs. 4.53 Underperformed at beating benchmark
Sharpe	0.47 vs. 5.04 Poor risk-adjusted returns
Beta	1.01 vs. 0.8 More sensitive to market's ups & downs
Standard deviation	12.88 vs. 10.41 More volatile performance

Compare LIC MF Large Cap Fund in detail with

About this fund

About LIC MF Large Cap Fund

LIC MF Large Cap Fund Direct-Growth is a Large Cap mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 12 yrs 8 m, having been launched on 01/01/2013. LIC MF Large Cap Fund Direct-Growth has ₹1,469 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of LIC MF Large Cap Fund Direct-Growth as of 29/09/2025 is ₹62.64. The fund has an expense ratio of 1.03%, which is higher than what most other Large Cap funds charge.

LIC MF Large Cap Fund Direct-Growth returns of last 1-year are -5.87%. Since launch, it has delivered 13.21% average annual returns. The fund has doubled the money invested in it every 5 yrs.
LIC MF Large Cap Fund Direct-Growth scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low.
The fund has the majority of its money invested in Financial, Energy, Consumer Staples, Automobile, Technology sectors. It has taken less exposure in Financial, Energy sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Larsen & Toubro Ltd., Infosys Ltd..

...

Fund AUM	1,469 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

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.

Mahesh Bendre

Mr. Bendre has done B.E(Mechanical), MBA (Finance) and PhD (Finance) Prior to joining LIC Mutual Fund, he has worked with IDBI Capital, Vervene Asset Management, Stewart & Mackertich, Karvy Inst. Equity and Way2wealth, Quantum Securities

Investment objective

The scheme seeks to achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives.

LIC Mutual Fund details

No. of schemes	30 view all schemes
Total AUM	38,854 Cr as on Jun 30, 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.	1,005 Cr	-4.24%	33.37%
LIC MF Small Cap Fund	N.A.	576 Cr	-10.47%	28.26%
LIC MF Dividend Yield Fund	N.A.	560 Cr	-5.83%	22.84%
LIC MF Midcap Fund	N.A.	335 Cr	-7.27%	22.49%
LIC MF Large & Mid Cap Fund	N.A.	3,055 Cr	-5.21%	21.42%
LIC MF Value Fund	N.A.	165 Cr	-10.55%	19.95%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of LIC MF Large Cap Fund Direct-Growth?

The current Net Asset Value (NAV) of the LIC MF Large Cap Fund - Direct Growth plan is approximately ₹62.638 as of Sep 29, 2025.

What are the returns of this mutual fund scheme?

The LIC MF Large Cap Fund Direct-Growth is a 12 yrs 8 m old fund and has delivered average annual returns of 12.8% since inception.

LIC MF Large Cap Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
-4.78%	13.1%	17.08%	11.88%	12.8%

How much does this mutual fund charge as expense ratio?

The LIC MF Large Cap Fund - Direct Growth has an expense ratio of 1.03%, 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 Cap Fund currently has assets under management (AUM) or fund size valued at approximately 1,469 Cr as on May 31, 2025.

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

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

Company	Percentage of Portfolio
HDFC Bank Ltd.	9.3%
ICICI Bank Ltd.	6.75%
Reliance Industries Ltd.	6.17%
Larsen & Toubro Ltd.	4.67%
Infosys Ltd.	4.11%
Bharti Airtel Ltd.	4.02%
ITC Ltd.	3.02%
Hindustan Unilever Ltd.	2.71%
Kotak Mahindra Bank Ltd.	2.66%
State Bank of India	2.62%

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

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

Sector	Percentage of Portfolio
Financial	27.64%
Energy	10.59%
Consumer Staples	9.14%
Automobile	8.18%
Technology	6.74%
Healthcare	5.97%
Capital Goods	5.84%
Construction	4.67%
Communication	4.02%
Materials	3.4299999999999997%

What is risk level of LIC MF Large Cap Fund?

This is a Large Cap 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 do I invest in LIC MF Large Cap Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for LIC MF Large Cap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the LIC MF Large Cap Fund is complete.

How can I redeem my investments in LIC MF Large Cap Fund?

Redeeming your investments in the LIC MF Large 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 Cap

#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.
Chance: This fund has generated only 11.53% annual return in 70% of times for investors holding for at least 5 years.
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.