LIC MF Midcap Fund Direct Growth

LIC MF Midcap Fund Direct Growth

Equity

LIC Mutual Fund

Mid-Cap

Get the latest NAV of LIC MF Midcap 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.

₹32.71

▼-0.2%1D

NAV as on 13 Jun 2025

15.19%/per year

Since Inception

Absolute Gain%

▲▼

180 people have invested ₹ 8.2L in LIC MF Midcap Fund Direct Growth in the last three months

LIC MF Midcap Fund Performance vs. Nifty Midcap 150

Fund returns vs Benchmark returns vs Category Average returns as on (13-Jun-25)

The fund has outperformed the benchmark (Nifty Midcap 150) over 1Y, but underperformed over 3Y, 5Y.

Period
This Fund
Nifty Midcap 150
Category Avg
1 Month
5.81%
5.17%
4.95%
3 Months
16.48%
19.72%
17.85%
6 Months
-2.27%
-1.45%
-3.02%
1 Year
5.06%
4.65%
5.21%
3 Years
27.11%
28.5%
27.21%
5 Years
27.34%
31.62%
29.98%

LIC MF Midcap Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

18
/19
40% Performance
27% Risk Management
0% Cost

Ranked 18 out of 19 mutual funds in the mid-cap category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
LIC MF Midcap Fund
18/19
335Cr
1.33%
5.06%
27.11%
15.19%
HDFC Mid Cap Opportunities Fund Direct Growth
1/19
79,718Cr
0.79%
7.98%
32.71%
21.35%
HDFC Mid Cap Opportunities Fund Direct Growth
1/19
79,718Cr
0.79%
7.98%
32.71%
21.35%
Edelweiss Mid Cap Fund Direct Growth
2/19
10,028Cr
0.4%
13.63%
32.78%
22.67%
See all
Positive: Beats FD returns for both 3Y & 5Y
Beats FD returns for both 3Y & 5Y
Negative: Does not beat the benchmark consistently
Does not beat the benchmark consistently
Negative: Highly volatile within category
Highly volatile within category
Negative: Poor track record of protecting capital in bear phase
Poor track record of protecting capital in bear phase

LIC MF Midcap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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LIC MF Midcap Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 97%

Debt & Cash 3%

Mid cap
66%
Small cap
18.7%
Large cap
11.5%
Small Cap allocation has gone down from 19.6% to 18.4%
Small Cap allocation has gone down from 19.6% to 18.4%
Mid Cap allocation has gone up from 65% to 67.3%
Mid Cap allocation has gone up from 65% to 67.3%
Large Cap allocation has gone up from 11.3% to 11.6%
Large Cap allocation has gone up from 11.3% to 11.6%
Cash allocation has gone down from 3% to 1.8%
Cash allocation has gone down from 3% to 1.8%

LIC MF Midcap Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 97%

Debt & Cash 3%

Consumer Cyclical
33.4%
Industrial
22%
Financial Services
11.2%
Basic Materials
10.7%
Tech
7%
Communication
4.8%
Health
3.8%
Real Estate
2.9%
Utilities
2.2%
Consumer Defensive
1.2%
Energy
0.8%

Top 3 Sectors in April were Consumer Cyclical, Industrial & Financial Services

Apr'25

Consumer Cyclical

27%

Industrial

20%

Financial Services

15%

Mar'25

Consumer Cyclical

29%

Industrial

21%

Financial Services

14%

LIC MF Midcap Fund Holdings Details

as on (31-May-25)

Equity

Holdings
Weight%
1M Change
Shakti Pumps (India) Ltd
3.69%
0%
The Federal Bank Ltd
3.22%
0%
UNO Minda Ltd
3.18%
0%
Trent Ltd
2.73%
-15.4%
Bharat Electronics Ltd
2.38%
0%
See all
Top Stocks bought last month
Godfrey Phillips India Ltd's allocation increased from 0.77% to 1.27%
Godfrey Phillips India Ltd's allocation increased from 0.77% to 1.27%
Arvind Fashions Ltd's allocation increased from 1.1% to 1.44%
Arvind Fashions Ltd's allocation increased from 1.1% to 1.44%
Hitachi Energy India Ltd Ordinary Shares's allocation increased from 1.06% to 1.31%
Hitachi Energy India Ltd Ordinary Shares's allocation increased from 1.06% to 1.31%
Top Stocks sold last month
Shakti Pumps (India) Ltd's allocation decreased from 4.68 % to 3.95 %
Shakti Pumps (India) Ltd's allocation decreased from 4.68 % to 3.95 %
Trent Ltd's allocation decreased from 3.38 % to 2.74 %
Trent Ltd's allocation decreased from 3.38 % to 2.74 %
Indian Hotels Co Ltd's allocation decreased from 2.55 % to 2.51 %
Indian Hotels Co Ltd's allocation decreased from 2.55 % to 2.51 %

LIC MF Midcap Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.33%
Benchmark
Nifty Midcap 150 TR INR
AUM₹335 Cr
Inception Date25 January, 2017
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
559.26%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About LIC MF Midcap Fund

LIC MF Midcap Fund Direct Growth is an equity fund. This fund was started on 25 January, 2017. The fund is managed by Karan Doshi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Midcap Fund Direct Growth has ₹335 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
  2. The fund has an expense ratio 1.3.

Returns

LIC MF Midcap Fund Direct Growth has given a CAGR return of 15.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.06%, 27.11% and 27.34% respectively.

Holdings

LIC MF Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Financial Services, Basic Materials, Tech, Health, Consumer Defensive, Communication, Real Estate, Utilities, Energy. Its top holdings are Shakti Pumps (India) Ltd, The Federal Bank Ltd, UNO Minda Ltd, Trent Ltd, Bharat Electronics Ltd

Taxation

As it is a mid-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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of LIC MF Midcap Fund Direct Growth

The 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 Midcap 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 Midcap Fund Direct Growth has no lock in period.

Fund Manager

Karan Doshi

Fund Manager of LIC MF Midcap Fund Direct Growth, since 31 July 2023

Learn more about LIC Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 306.3 Cr
₹ 301.6 Cr
₹ 276.7 Cr
  • AUM of the fund stands at 306.3 Cr as of Apr'25
  • AUM increased by 4.7 Cr between Apr'25 and Mar'25

Compare LIC MF Midcap Fund

LIC MF Midcap Fund

VS

HDFC Mid Cap Opportunities Fund Direct Growth

Frequently Asked Questions for LIC MF Midcap Fund Direct Growth

How do I invest in LIC MF Midcap Fund?

INDmoney makes it simple to invest in the LIC MF Midcap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘LIC MF Midcap 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.

What is the current NAV of LIC MF Midcap Fund?

The NAV of the fund today is ₹32.71. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

LIC MF Midcap Fund fund has generated a return of 5.06% in 1 year, 27.11% in 3 years, 27.34% in 5 years.

Who is the fund manager of LIC MF Midcap Fund?

The fund managers are Karan Doshi.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-12 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 1.33%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹335 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of LIC MF Midcap Fund?

The top 3 holdings of the fund are Shakti Pumps (India) Ltd(3.69%), The Federal Bank Ltd(3.22%), UNO Minda Ltd(3.18%)