LIC MF Midcap Fund

LIC MF Midcap Fund

Equity

LIC Mutual Fund

Mid-Cap

Get the latest NAV of LIC MF Midcap Fund. 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.

₹32.20

▲0.6%1D

NAV as on 04 Feb 2026

13.83%/per year

Since Inception

Absolute Gain%

▲▼

154 people have invested ₹ 13L in LIC MF Midcap Fund 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 (04-Feb-26)

The fund has underperformed the benchmark (Nifty Midcap 150) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-2.72%
-3.01%
-0.19%
4.68%
21.98%
16.9%
Nifty Midcap 150
-2.56%
-0.61%
3.15%
10.85%
24.13%
20.88%
Mid-Cap Avg
-2.48%
-1.83%
2.03%
9.69%
22.96%
19.81%
Best in Mid-Cap
-0.69%
1.73%
8.39%
20.77%
27.93%
26.37%
Worst in Mid-Cap
-6.88%
-9.19%
-6.53%
-4.11%
15.23%
15.81%
Category Rank
19/20
20/20
18/19
19/19
21/21
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INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
LIC MF Midcap Fund
21/21
346Cr
1.44%
4.68%
21.98%
-2.14
1.00
0.85
1.40
-0.62
HDFC Mid Cap Fund
1/21
92,642Cr
0.71%
14.88%
27.02%
4.13
0.86
1.30
2.28
0.69
Edelweiss Mid Cap Fund
2/21
13,650Cr
0.4%
12.94%
27.99%
4.33
0.93
1.25
2.12
0.85
Invesco India Mid Cap Fund
3/21
10,296Cr
0.54%
14.28%
28.16%
3.12
0.98
1.14
1.86
0.53
See all
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: 5Y returns in the bottom 25% of the category
5Y returns in the bottom 25% of the category

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 (14-Jan-26)

Fund Distribution

as on (14-Jan-26)

Mid cap
68.9%
Small cap
15.3%
Large cap
10.5%
Large Cap allocation has gone down from 11.3% to 10.5%
Large Cap allocation has gone down from 11.3% to 10.5%
Small Cap allocation has gone up from 14.8% to 15.3%
Small Cap allocation has gone up from 14.8% to 15.3%
Mid Cap allocation has gone up from 66.2% to 68.9%
Mid Cap allocation has gone up from 66.2% to 68.9%
Cash allocation has gone down from 4.1% to 2.2%
Cash allocation has gone down from 4.1% to 2.2%

LIC MF Midcap Fund Sector Allocation

See fund sector allocation details as on (14-Jan-26)

Sector Allocation

Consumer Cyclical
24.6%
Industrial
20.2%
Financial Services
16.3%
Basic Materials
9.8%
Tech
8.3%
Health
6.7%
Consumer Defensive
4.8%
Communication
3.7%
Real Estate
2.8%
Utilities
1.6%
Energy
1.4%

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

Dec'25

Consumer Cyclical

23%

Financial Services

20%

Industrial

14%

Nov'25

Consumer Cyclical

23%

Financial Services

19%

Industrial

14%

LIC MF Midcap Fund Holdings Details

as on (31-Jan-26)

Top Stocks bought last month
Piramal Finance Ltd's allocation increased from 0.66% to 1.24%
Piramal Finance Ltd's allocation increased from 0.66% to 1.24%
Motilal Oswal Financial Services Ltd's allocation increased from 0.52% to 0.97%
Motilal Oswal Financial Services Ltd's allocation increased from 0.52% to 0.97%
PI Industries Ltd's allocation increased from 1.53% to 1.95%
PI Industries Ltd's allocation increased from 1.53% to 1.95%
Top Stocks sold last month
UNO Minda Ltd's allocation decreased from 3.95 % to 3.94 %
UNO Minda Ltd's allocation decreased from 3.95 % to 3.94 %
Persistent Systems Ltd's allocation decreased from 2.11 % to 2.11 %
Persistent Systems Ltd's allocation decreased from 2.11 % to 2.11 %
One97 Communications Ltd's allocation decreased from 2.04 % to 2.03 %
One97 Communications Ltd's allocation decreased from 2.04 % to 2.03 %

LIC MF Midcap Fund Overview

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

Expense ratio1.44%
Benchmark
Nifty Midcap 150 TR INR
AUM₹346 Cr
Inception Date25 January, 2017
Min Lumpsum/SIP₹5,000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
62.46%
Risk
Risk meter
pointer
Very High Risk

About LIC MF Midcap Fund

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

Key Parameters

  1. LIC MF Midcap Fund has ₹346 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
  2. The fund has an expense ratio 1.4.

Returns

LIC MF Midcap Fund has given a CAGR return of 13.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.68%, 21.98% and 16.90% respectively.

Holdings

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

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 has no lock in period.

Fund Manager

Karan Doshi

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

Dikshit Mittal

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

Learn more about LIC Mutual Fund
Parameters
Dec'25
Nov'25
Oct'25
AUM
₹ 345.6 Cr
₹ 349.6 Cr
₹ 347.7 Cr
  • AUM of the fund stands at 345.6 Cr as of Dec'25
  • AUM decreased by 4 Cr between Dec'25 and Nov'25

Compare LIC MF Midcap Fund

LIC MF Midcap Fund

VS

HDFC Mid Cap Fund

Frequently Asked Questions for LIC MF Midcap Fund

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 ₹32.20. 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 4.68% in 1 year, 21.98% in 3 years, 16.90% in 5 years.

Who is the fund manager of LIC MF Midcap Fund?

The fund managers are Karan Doshi, Dikshit Mittal.

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 1.44%. 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 ₹346 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 UNO Minda Ltd(3.78%), The Federal Bank Ltd(3.13%), Shakti Pumps (India) Ltd(2.7%)