LIC MF Small Cap Fund Direct - Growth

Q: What are the returns of LIC MF Small Cap Fund?

The LIC MF Small Cap Fund is a 8 yrs 1 m old fund and has delivered average annual returns of 16.82% since inception. LIC MF Small Cap Fund Returns 1-Year 3-Year 5-Year Since Inception 1.37% 24.15% 32.9% 16.82%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹35.1551+0.23% 1 day change	16.82% p.a.	#NA View Ranked Funds	₹576 Cr

Historical NAV & returns

NAV: ₹35.1551 as on Jul 21, 2025

This fund Category average

LIC MF Small Cap Fund overview

Expense ratio	0.92% as on May 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)	₹576 Cr
Lock-in Period	Nil
Age	8 yrs 1 m since Jun 01, 2017
Benchmark	NIFTY Smallcap 250 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 Small 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 Jul 22, 2025

Period	This fund	Category average
1 Month	3.76%	2.66%
3 Months	8.83%	11.58%
6 Months	0.31%	9.49%
1 Year	1.37%	5.96%
2 Years	24.01%	24.35%
3 Years	24.15%	25.4%
4 Years	21.35%	20.67%
5 Years	32.9%	34.69%
7 Years	19.25%	21.09%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 4.18%

Mid Cap 11.25%

Small Cap 81.04%

Other Cap 0%

Top holdings

Sanathan Textiles Ltd.3.16%

JTL Industries Ltd2.94%

Housing & Urban Development Corporation Ltd.2.8%

Manorama Industries Ltd.2.77%

Top sectors

Capital Goods 22.38%

Consumer Staples 11.99%

Services 9.5%

Textiles 9.129999999999999%

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 3.67%

Other Holdings

Others 3.67%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Small Cap Fund	N.A.	576 Cr	8 yrs 1 m	0.92%
Nippon India Small Cap Fund	N.A.	58,029 Cr	12 yrs 6 m	0.65%
Tata Small Cap Fund	N.A.	10,529 Cr	6 yrs 9 m	0.34%
Quant Small Cap Fund	N.A.	28,205 Cr	12 yrs 6 m	0.66%
Bandhan Small Cap Fund	N.A.	11,744 Cr	5 yrs 5 m	0.39%
Invesco India Smallcap Fund	N.A.	6,823 Cr	6 yrs 9 m	0.44%

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Small Cap Fund	3.76%	0.31%	1.37%	24.15%	32.9%	N.A.
Nippon India Small Cap Fund	1.98%	8.68%	1.75%	28.51%	38.29%	22.32%
Tata Small Cap Fund	4.21%	9.01%	7.7%	28.45%	35.6%	16.74%
Quant Small Cap Fund	1.94%	7.75%	-1.88%	30.16%	43.87%	20.84%
Bandhan Small Cap Fund	3.22%	12.25%	15.09%	35.08%	37.8%	18.06%
Invesco India Smallcap Fund	2.59%	11.81%	14.53%	31.09%	35.24%	16.86%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Small Cap Fund	18.96	0.93	0.99	1.19
Nippon India Small Cap Fund	16.63	0.85	1.37	1.82
Tata Small Cap Fund	16.18	0.8	1.3	1.72
Quant Small Cap Fund	17.41	0.86	1.38	2.04
Bandhan Small Cap Fund	17.83	0.9	1.53	2.31
Invesco India Smallcap Fund	16.35	0.81	1.5	1.77

View all Small Cap funds

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

Alpha	-1.95 vs. 7.0 Underperformed at beating benchmark
Sharpe	0.99 vs. 8.52 Poor risk-adjusted returns
Beta	0.93 vs. 0.96 Less sensitive to market ups & downs
Standard deviation	18.96 vs. 12.87 More volatile performance

Compare LIC MF Small Cap Fund in detail with

About this fund

About LIC MF Small Cap Fund

LIC MF Small Cap Fund Direct - Growth is a Small Cap mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 8 yrs 1 m, having been launched on 01/06/2017. LIC MF Small Cap Fund Direct - Growth has ₹576 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 Small Cap Fund Direct - Growth as of 21/07/2025 is ₹35.16. The fund has an expense ratio of 0.92%, which is higher than what most other Small Cap funds charge.

LIC MF Small Cap Fund Direct - Growth returns of last 1-year are 2.43%. Since launch, it has delivered 16.82% average annual returns. The fund has doubled the money invested in it every 4 yrs.
LIC MF Small Cap 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 low.
The fund has the majority of its money invested in Capital Goods, Consumer Staples, Services, Textiles, Financial sectors. It has taken less exposure in Capital Goods, Consumer Staples sectors compared to other funds in the category.
The fund's top 5 holdings are in Sanathan Textiles Ltd., JTL Industries Ltd, Housing & Urban Development Corporation Ltd., Manorama Industries Ltd., Concord Enviro Systems Ltd..

...

Fund AUM	576 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Nikhil Rungta

Mr. Rungta has done CA, MBA (Finance), FRM Prior to joining Nippon India Mutual Fund, he has worked with Bajaj Allianz Life Insurance Company, Anand Rathi Shares & Stock Brokers Ltd., Standard Chartered Securities (India) Ltd., Religare Capital Markets Ltd. and Moody’s Investor Service -ICRA Ltd.

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

LIC Mutual Fund details

No. of schemes	26 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	2.47%	33.98%
LIC MF Dividend Yield Fund	N.A.	560 Cr	4.74%	24.85%
LIC MF Large & Mid Cap Fund	N.A.	3,055 Cr	3.41%	23.92%
LIC MF Value Fund	N.A.	165 Cr	0.77%	21.9%
LIC MF ELSS Tax Saver	N.A.	1,113 Cr	4.56%	21.45%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of LIC MF Small Cap Fund?

The current Net Asset Value (NAV) of the LIC MF Small Cap Fund - Direct Growth plan is approximately ₹35.1551 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The LIC MF Small Cap Fund is a 8 yrs 1 m old fund and has delivered average annual returns of 16.82% since inception.

LIC MF Small Cap Fund Returns

1-Year	3-Year	5-Year	Since Inception
1.37%	24.15%	32.9%	16.82%

How much does this mutual fund charge as expense ratio?

The LIC MF Small Cap Fund - Direct Growth has an expense ratio of 0.92%, 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 Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately 576 Cr as on May 31, 2025.

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

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

Company	Percentage of Portfolio
Sanathan Textiles Ltd.	3.16%
JTL Industries Ltd	2.94%
Housing & Urban Development Corporation Ltd.	2.8%
Manorama Industries Ltd.	2.77%
Concord Enviro Systems Ltd.	2.76%
Enviro Infra Engineers Ltd.	2.29%
International Gemmological Institute (India) Ltd.	2.28%
Allied Blenders And Distillers Ltd.	2.26%
Hindustan Foods Ltd.	2.25%
Navkar Corporation Ltd.	2.23%

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

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

Sector	Percentage of Portfolio
Capital Goods	22.38%
Consumer Staples	11.99%
Services	9.5%
Textiles	9.129999999999999%
Financial	6.46%
Metals & Mining	5.78%
Chemicals	5.38%
Consumer Discretionary	5.22%
Healthcare	3.85%
Energy	3.84%

What is risk level of LIC MF Small Cap Fund?

This is a Small 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 Small Cap 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 Small Cap 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 Small Cap Fund is complete.

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

Redeeming your investments in LIC MF Small Cap 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 Small Cap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Small Cap

#NA

Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
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 14.95% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.