LIC MF Midcap Fund Direct - Growth

Q: What are the returns of LIC MF Midcap Fund?

The LIC MF Midcap Fund is a 8 yrs 8 m old fund and has delivered average annual returns of 14.54% since inception. LIC MF Midcap Fund Returns 1-Year 3-Year 5-Year Since Inception -5.07% 19.48% 23.09% 14.54%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹32.2373+0.57% 1 day change	14.54% p.a.	App exclusive #NA View Ranked Funds	₹335 Cr

Historical NAV & returns

NAV: ₹32.2373 as on Sep 03, 2025

This fund Category average

LIC MF Midcap Fund overview

Expense ratio	1.44% 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 12 months.!
AUM (Fund size)	₹335 Cr
Lock-in Period	Nil
Age	8 yrs 8 m since Jan 05, 2017
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹500 & 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 Midcap 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 04, 2025

Period	This fund	Category average
1 Month	-0.08%	0.83%
3 Months	-0.58%	2.36%
6 Months	17.19%	20.43%
1 Year	-5.07%	-0.55%
2 Years	20.97%	22.03%
3 Years	19.48%	21.61%
4 Years	14.49%	18.11%
5 Years	23.09%	27.28%
7 Years	14.82%	18.95%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 11.54%

Mid Cap 66.04%

Small Cap 19.46%

Other Cap 0%

Top holdings

Shakti Pumps (India) Ltd.3.69%

The Federal Bank Ltd.3.22%

UNO Minda Ltd.3.18%

Trent Ltd.2.73%

Top sectors

Financial 14.26%

Services 13.860000000000001%

Capital Goods 13.68%

Automobile 9.32%

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 3.64047172%

Rights 0.04547002%

Other Holdings

Others 3.64%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Midcap Fund	N.A.	335 Cr	8 yrs 8 m	1.44%
Motilal Oswal Midcap Fund	N.A.	30,401 Cr	11 yrs 7 m	0.69%
Nippon India Growth Mid Cap Fund	N.A.	36,836 Cr	12 yrs 8 m	0.71%
HDFC Mid Cap Fund	N.A.	79,718 Cr	12 yrs 8 m	0.71%
Edelweiss Mid Cap Fund	N.A.	10,028 Cr	12 yrs 8 m	0.38%
Kotak Midcap Fund	N.A.	53,464 Cr	12 yrs 8 m	0.37%

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Midcap Fund	-0.08%	17.19%	-5.07%	19.48%	23.09%	N.A.
Motilal Oswal Midcap Fund	2.25%	18.99%	2.89%	29.44%	35.31%	19.63%
Nippon India Growth Mid Cap Fund	0.9%	20.31%	0.84%	25.04%	29.93%	19.14%
HDFC Mid Cap Fund	0.53%	19.59%	2.16%	25.76%	29.78%	19.08%
Edelweiss Mid Cap Fund	1.2%	21.56%	2.4%	25.36%	31.09%	19.71%
Kotak Midcap Fund	0.86%	24.9%	2.7%	22.15%	29.15%	19.84%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Midcap Fund	16.45	1.0	0.75	1.08
Motilal Oswal Midcap Fund	17.42	0.89	1.18	1.43
Nippon India Growth Mid Cap Fund	15.51	0.96	1.09	1.63
HDFC Mid Cap Fund	13.85	0.85	1.26	1.83
Edelweiss Mid Cap Fund	15.6	0.94	1.1	1.47
Kotak Midcap Fund	15.12	0.89	0.97	1.23

View all Mid Cap funds

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

Alpha	-2.08 vs. 5.57 Underperformed at beating benchmark
Sharpe	0.75 vs. 5.89 Poor risk-adjusted returns
Beta	1.0 vs. 0.88 More sensitive to market's ups & downs
Standard deviation	16.45 vs. 12.97 More volatile performance

Compare LIC MF Midcap Fund in detail with

About this fund

About LIC MF Midcap Fund

LIC MF Midcap Fund Direct - Growth is a Mid Cap mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 8 yrs 8 m, having been launched on 05/01/2017. LIC MF Midcap Fund Direct - Growth has ₹335 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 Midcap Fund Direct - Growth as of 03/09/2025 is ₹32.24. The fund has an expense ratio of 1.44%, which is higher than what most other Mid Cap funds charge.

LIC MF Midcap Fund Direct - Growth returns of last 1-year are -5.11%. Since launch, it has delivered 14.56% average annual returns. The fund has doubled the money invested in it every 4 yrs.
LIC MF Midcap Fund Direct - Growth 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 below average.
The fund has the majority of its money invested in Financial, Services, Capital Goods, Automobile, Healthcare sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in Shakti Pumps (India) Ltd., The Federal Bank Ltd., UNO Minda Ltd., Trent Ltd., Bharat Electronics Ltd..

...

Fund AUM	335 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Karan Doshi

Mr. Doshi is a Bachelor of Engineering, MMS (Finance) Prior to joining LIC Mutual Fund, he has worked with Subhkam Ventures Pvt. Limited as Equity Analyst.

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 provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies.

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	-4.94%	32.53%
LIC MF Small Cap Fund	N.A.	576 Cr	-8.62%	29.24%
LIC MF Dividend Yield Fund	N.A.	560 Cr	-3.68%	23.03%
LIC MF Large & Mid Cap Fund	N.A.	3,055 Cr	-3.98%	21.81%
LIC MF Value Fund	N.A.	165 Cr	-8.63%	20.14%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of LIC MF Midcap Fund?

The current Net Asset Value (NAV) of the LIC MF Midcap Fund - Direct Growth plan is approximately ₹32.2373 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The LIC MF Midcap Fund is a 8 yrs 8 m old fund and has delivered average annual returns of 14.54% since inception.

LIC MF Midcap Fund Returns

1-Year	3-Year	5-Year	Since Inception
-5.07%	19.48%	23.09%	14.54%

How much does this mutual fund charge as expense ratio?

The LIC MF Midcap Fund - Direct Growth has an expense ratio of 1.44%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The LIC MF Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 335 Cr as on May 31, 2025.

What are the top stock holdings of LIC MF Midcap Fund?

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

Company	Percentage of Portfolio
Shakti Pumps (India) Ltd.	3.69%
The Federal Bank Ltd.	3.22%
UNO Minda Ltd.	3.18%
Trent Ltd.	2.73%
Bharat Electronics Ltd.	2.38%
The Indian Hotels Company Ltd.	2.24%
Garware Hi-Tech Films Ltd.	2.19%
Container Corporation Of India Ltd.	2.08%
Coromandel International Ltd.	2.06%
Schaeffler India Ltd.	2.03%

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

The LIC MF Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	14.26%
Services	13.860000000000001%
Capital Goods	13.68%
Automobile	9.32%
Healthcare	6.46%
Technology	6.43%
Chemicals	4.6%
Consumer Staples	4.5%
Consumer Discretionary	4.46%
Textiles	4.1899999999999995%

What is risk level of LIC MF Midcap Fund?

This is a Mid 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 Midcap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 Midcap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in LIC MF Midcap Fund is complete.

How can I redeem my investments in LIC MF Midcap Fund?

Redeeming your investments in LIC MF Midcap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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

ET Money rank

App exclusive

in Mid Cap

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 2 Years.
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 10.21% 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 12 months.