LIC MF Midcap Fund Direct Growth
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.
₹30.83
▲3.8%1D
NAV as on 12 May 2025
14.54%/per year
Since Inception
▲▼
167 people have invested ₹ 17.1L 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 (12-May-25)
The fund has outperformed the benchmark (Nifty Midcap 150) over 1Y, but underperformed over 3Y, 5Y.
LIC MF Midcap Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 18 out of 19 mutual funds in the mid-cap category as per INDmoney.
LIC MF Midcap Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
LIC MF Midcap Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Equity 98.2%
Debt & Cash 1.8%
LIC MF Midcap Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Equity 98.2%
Debt & Cash 1.8%
Top 3 Sectors in March were Consumer Cyclical, Industrial & Financial Services
Consumer Cyclical
29%
Industrial
21%
Financial Services
14%
Consumer Cyclical
30%
Industrial
21%
Financial Services
13%
LIC MF Midcap Fund Holdings Details
as on (30-Apr-25)
Equity
LIC MF Midcap Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 1.33% |
Benchmark | Nifty Midcap 150 TR INR |
| AUM | ₹306 Cr |
| Inception Date | 25 January, 2017 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 559.26% |
| 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 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
- LIC MF Midcap Fund Direct Growth has ₹306 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.3.
Returns
LIC MF Midcap Fund Direct Growth has given a CAGR return of 14.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.41%, 24.77% and 28.61% 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, UNO Minda Ltd, The Federal Bank Ltd, SRF Ltd, Trent 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 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 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
- AUM of the fund stands at 301.6 Cr as of Mar'25
- AUM increased by 24.9 Cr between Mar'25 and Feb'25
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Compare LIC MF Midcap Fund
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Frequently Asked Questions for LIC MF Midcap Fund Direct Growth
What is the current NAV of LIC MF Midcap Fund Direct Growth?
What are the average returns of LIC MF Midcap Fund Direct Growth?
LIC MF Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 9.35% | 9.35% |
6 Month Returns | -3.76% | -3.76% |
1 Year Returns | 12.41% | 12.41% |
3 Years Returns | 94.23% | 24.77% |
How do I invest in LIC MF Midcap Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of LIC MF Midcap Fund Direct Growth?
What is net assets under management (AUM) of LIC MF Midcap Fund Direct Growth?
What are the top 5 holdings of LIC MF Midcap Fund Direct Growth?
What are the top 3 sectors that this LIC MF Midcap Fund Direct Growth has invested in?
What is the alpha of LIC MF Midcap Fund Direct Growth?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Midcap Fund Direct Growth | 1.34 | -2.67 | -3.29 |
What is the beta of LIC MF Midcap Fund Direct Growth??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Midcap Fund Direct Growth | 1.04 | 0.99 | 0.94 |
What is the sharpe ratio of LIC MF Midcap Fund Direct Growth?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF Midcap Fund Direct Growth | 0.1 | 0.69 | 1.15 |
What is the standard deviation of LIC MF Midcap Fund Direct Growth?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF Midcap Fund Direct Growth | 21.18 | 17.67 | 16.96 |