LIC MF Midcap Fund

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

The LIC MF Midcap Fund is a 8 yrs 9 m old fund and has delivered average annual returns of 13.15% since inception. LIC MF Midcap Fund Returns 1-Year 3-Year 5-Year Since Inception 2.8% 20.44% 22.25% 13.15%

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

The LIC MF Midcap Fund has an expense ratio of 2.5% , 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 Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹29.4875+0.36% 1 day change	13.15% p.a.	App exclusive #NA View Ranked Funds	₹335 Cr

Historical NAV & returns

NAV: ₹29.4875 as on Oct 20, 2025

This fund Category average

LIC MF Midcap Fund overview

AUM (Fund size)	₹335 Cr
Exit load	1.0% Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.!
Lock-in Period	Nil
Age	8 yrs 9 m since Jan 05, 2017
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	2.5% as on Sep 30, 2025
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 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 Oct 25, 2025

Period	This fund	Category average
1 Month	1.94%	2.04%
3 Months	1.18%	2.26%
6 Months	11.0%	12.21%
1 Year	2.8%	5.14%
2 Years	22.39%	23.63%
3 Years	20.44%	21.6%
4 Years	13.58%	16.78%
5 Years	22.25%	25.91%
7 Years	16.61%	20.46%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 12.58%

Mid Cap 69.04%

Small Cap 15.26%

Other Cap 0%

Top holdings

UNO Minda Ltd.4.1%

Shakti Pumps (India) Ltd.3.51%

Muthoot Finance Ltd.2.35%

Bharat Electronics Ltd.2.29%

Top sectors

Financial 15.010000000000002%

Capital Goods 14.899999999999999%

Services 13.93%

Automobile 8.59%

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 3.38917087%

Other Holdings

Others 3.39%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Midcap Fund	1.94%	11.0%	2.8%	20.44%	22.25%	N.A.
Nippon India Growth Mid Cap Fund	2.67%	11.74%	6.4%	25.44%	29.58%	18.02%
HDFC Mid Cap Fund	3.27%	13.12%	9.09%	26.21%	29.92%	18.04%
Motilal Oswal Midcap Fund	1.96%	11.58%	-0.11%	26.13%	33.38%	17.6%
Kotak Midcap Fund	1.15%	15.81%	7.05%	22.41%	27.34%	17.97%
Edelweiss Mid Cap Fund	2.47%	11.89%	6.72%	24.93%	29.34%	18.06%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Midcap Fund	16.27	1.0	0.77	1.08
Nippon India Growth Mid Cap Fund	15.44	0.96	1.08	1.57
HDFC Mid Cap Fund	13.79	0.86	1.25	1.77
Motilal Oswal Midcap Fund	17.6	0.92	0.96	1.21
Kotak Midcap Fund	15.02	0.89	0.96	1.19
Edelweiss Mid Cap Fund	15.52	0.94	1.05	1.38

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Midcap Fund	N.A.	335 Cr	8 yrs 9 m	2.5%
Nippon India Growth Mid Cap Fund	N.A.	39,329 Cr	30 yrs 1 m	1.55%
HDFC Mid Cap Fund	N.A.	84,855 Cr	18 yrs 5 m	1.37%
Motilal Oswal Midcap Fund	N.A.	34,749 Cr	11 yrs 8 m	1.54%
Kotak Midcap Fund	N.A.	58,300 Cr	18 yrs 8 m	1.39%
Edelweiss Mid Cap Fund	N.A.	11,731 Cr	17 yrs 11 m	1.67%

View all Mid Cap funds

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

Alpha	-2.82 vs. 4.93 Underperformed at beating benchmark
Sharpe	0.77 vs. 5.94 Poor risk-adjusted returns
Beta	1.0 vs. 0.9 More sensitive to market's ups & downs
Standard deviation	16.27 vs. 13.4 More volatile performance

Compare LIC MF Midcap Fund in detail with

About this fund

About LIC MF Midcap Fund

LIC MF Midcap Fund is a Mid Cap mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 8 yrs 9 m, having been launched on 05/01/2017. LIC MF Midcap Fund has ₹335 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of LIC MF Midcap Fund as of 20/10/2025 is ₹29.49. The fund has an expense ratio of 2.5%, which is higher than what most other Mid Cap funds charge.

LIC MF Midcap Fund returns of last 1-year are -2.38%. Since launch, it has delivered 13.17% average annual returns. The fund has doubled the money invested in it every 4 yrs.
LIC MF Midcap 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 below average.
The fund has the majority of its money invested in Financial, Capital Goods, Services, Automobile, Healthcare 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 UNO Minda Ltd., Shakti Pumps (India) Ltd., Muthoot Finance Ltd., Bharat Electronics Ltd., Trent Ltd..

...

Fund AUM	335 Cr as on Sep 30, 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	41,742 Cr as on Sep 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.	1,025 Cr	4.77%	31.34%
LIC MF Small Cap Fund	N.A.	632 Cr	-1.39%	27.78%
LIC MF Dividend Yield Fund	N.A.	660 Cr	6.5%	22.16%
LIC MF Large & Mid Cap Fund	N.A.	3,047 Cr	3.71%	20.1%
LIC MF Value Fund	N.A.	195 Cr	0.44%	19.06%

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 plan is approximately ₹29.4875 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The LIC MF Midcap Fund is a 8 yrs 9 m old fund and has delivered average annual returns of 13.15% since inception.

LIC MF Midcap Fund Returns

1-Year	3-Year	5-Year	Since Inception
2.8%	20.44%	22.25%	13.15%

How much does this mutual fund charge as expense ratio?

The LIC MF Midcap Fund has an expense ratio of 2.5%, 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 Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 335 Cr as on Sep 30, 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
UNO Minda Ltd.	4.1%
Shakti Pumps (India) Ltd.	3.51%
Muthoot Finance Ltd.	2.35%
Bharat Electronics Ltd.	2.29%
Trent Ltd.	2.26%
Mahindra & Mahindra Financial Services Ltd.	2.2%
Alkem Laboratories Ltd.	2.1%
The Indian Hotels Company Ltd.	2.1%
Schaeffler India Ltd.	2.03%
SRF Ltd.	1.94%

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	15.010000000000002%
Capital Goods	14.899999999999999%
Services	13.93%
Automobile	8.59%
Healthcare	7.259999999999999%
Technology	6.71%
Chemicals	6.36%
Consumer Staples	5.1499999999999995%
Textiles	4.43%
Consumer Discretionary	3.41%

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 can I redeem my investments in LIC MF Midcap Fund?

Redeeming your investments in the LIC MF Midcap 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 Mid 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 8.97% 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.