LIC MF Small Cap Fund Direct Growth
Get the latest NAV of LIC MF Small Cap Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹33.07
▲1%1D
NAV as on 20 Jun 2025
16.13%/per year
Since Inception
▲▼
1162 people have invested ₹ 41.3L in LIC MF Small Cap Fund Direct Growth in the last three months
LIC MF Small Cap Fund Performance vs. Nifty Smallcap 250
Fund returns vs Benchmark returns vs Category Average returns as on (20-Jun-25)
The fund has outperformed the benchmark (Nifty Smallcap 250) over 5Y, but underperformed over 1Y, 3Y.
LIC MF Small Cap Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 17 out of 18 mutual funds in the small-cap category as per INDmoney.
LIC MF Small Cap Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
LIC MF Small Cap Fund Asset Allocation
See fund asset allocation details as on (14-Jun-25)
Fund Distribution
as on (14-Jun-25)
Equity 96.5%
Debt & Cash 3.5%
LIC MF Small Cap Fund Sector Allocation
See fund sector allocation details as on (14-Jun-25)
Sector Allocation
Equity 96.5%
Debt & Cash 3.5%
Top 3 Sectors in May were Industrial, Consumer Cyclical & Basic Materials
Industrial
31%
Consumer Cyclical
18%
Basic Materials
14%
Industrial
36%
Consumer Cyclical
20%
Basic Materials
10%
LIC MF Small Cap Fund Holdings Details
as on (31-May-25)
Equity
LIC MF Small Cap Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.92% |
Benchmark | Nifty Smallcap 250 TR INR |
| AUM | ₹576 Cr |
| Inception Date | 21 June, 2017 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 684.33% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About LIC MF Small Cap Fund
LIC MF Small Cap Fund Direct Growth is an equity fund. This fund was started on 21 June, 2017. The fund is managed by Nikhil Rungta. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Small Cap Fund Direct Growth has ₹576 Cr worth of assets under management (AUM) as on May 2025 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
LIC MF Small Cap Fund Direct Growth has given a CAGR return of 16.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -3.17%, 26.01% and 33.02% respectively.
Holdings
LIC MF Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Utilities, Financial Services, Tech, Health, Communication, Real Estate. Its top holdings are Sanathan Textiles Ltd, JTL Industries Ltd, Housing & Urban Development Corp Ltd, Manorama Industries Ltd, Concord Enviro Systems Ltd
Taxation
As it is a small-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of LIC MF Small Cap Fund Direct Growth
The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small Cap companies. However there can be no assurance that the investment objective under the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Small Cap Fund Direct Growth has no lock in period.
Fund Manager
Nikhil Rungta
Fund Manager of LIC MF Small Cap Fund Direct Growth, since 1 July 2024
- AUM of the fund stands at 575.6 Cr as of May'25
- AUM increased by 57.9 Cr between May'25 and Apr'25
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Compare LIC MF Small Cap Fund
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VS
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Frequently Asked Questions for LIC MF Small Cap Fund Direct Growth
How do I invest in LIC MF Small Cap Fund?
- Download the INDmoney app.
- Search for ‘LIC MF Small Cap Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.