LIC MF Small Cap Fund Direct Growth

LIC MF Small Cap Fund Direct Growth

Equity

LIC Mutual Fund

Small-Cap

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.

₹34.44

▲0.8%1D

NAV as on 04 Nov 2025

16.04%/per year

Since Inception

Absolute Gain%

▲▼

1304 people have invested ₹ 58.6L 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 (04-Nov-25)

The fund has outperformed the benchmark (Nifty Smallcap 250) over 5Y, but underperformed over 1Y, 3Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.45%
3.28%
12.99%
-4.74%
19.4%
29.35%
Nifty Smallcap 250
2.47%
3.39%
13.55%
-2.81%
22.87%
28.77%
Small-Cap Avg
2.91%
3.74%
14.32%
-0.1%
20.96%
29.07%
Best in Small-Cap
5.41%
9.66%
22.31%
6.47%
32.77%
35.46%
Worst in Small-Cap
-0.15%
-3.7%
9.88%
-8.25%
16.11%
24.61%
Category Rank
17/18
17/18
15/18
12/18
15/20
--

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 Small Cap Fund
17/18
632Cr
1.02%
-4.74%
19.4%
-1.71
0.88
0.70
1.02
-0.61
Bandhan Small Cap Fund Direct Growth
1/18
15,738Cr
0.41%
5.23%
33.21%
8.99
0.89
1.33
2.42
1.80
Invesco India Smallcap Fund Direct Growth
2/18
8,055Cr
0.4%
6.44%
27.42%
5.85
0.79
1.17
1.88
0.52
HDFC Small Cap Fund Direct Growth
3/18
36,828Cr
0.68%
4.59%
24.18%
3.88
0.76
1.08
1.83
0.12
See all
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: 3Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category

LIC MF Small Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

LIC MF Small Cap Fund Asset Allocation

See fund asset allocation details as on (14-Oct-25)

Fund Distribution

as on (14-Oct-25)

Small cap
82.4%
Mid cap
9.3%
Large cap
5.3%
Mid Cap allocation has gone down from 10.9% to 9.3%
Mid Cap allocation has gone down from 10.9% to 9.3%
Large Cap allocation has gone up from 4.7% to 5.3%
Large Cap allocation has gone up from 4.7% to 5.3%
Small Cap allocation has gone up from 76.7% to 82.4%
Small Cap allocation has gone up from 76.7% to 82.4%
Cash allocation has gone down from 7.7% to 2.9%
Cash allocation has gone down from 7.7% to 2.9%

LIC MF Small Cap Fund Sector Allocation

See fund sector allocation details as on (14-Oct-25)

Sector Allocation

Industrial
37.5%
Consumer Cyclical
17.6%
Basic Materials
10.6%
Utilities
8.3%
Consumer Defensive
7.8%
Financial Services
6.6%
Health
4.5%
Communication
3.3%
Tech
3%
Real Estate
0.7%

Top 3 Sectors in September were Industrial, Basic Materials & Consumer Cyclical

Sep'25

Industrial

33%

Basic Materials

16%

Consumer Cyclical

16%

Aug'25

Industrial

35%

Basic Materials

15%

Consumer Cyclical

14%

LIC MF Small Cap Fund Holdings Details

as on (31-Oct-25)

Top Stocks bought last month
Galaxy Surfactants Ltd's allocation increased from 0.01% to 1.04%
Galaxy Surfactants Ltd's allocation increased from 0.01% to 1.04%
MOIL Ltd's allocation increased from 0.05% to 1.01%
MOIL Ltd's allocation increased from 0.05% to 1.01%
REC Ltd's allocation increased from 0.67% to 1.38%
REC Ltd's allocation increased from 0.67% to 1.38%
Top Stocks sold last month
Allied Blenders and Distillers Ltd's allocation decreased from 2.73 % to 2.62 %
Allied Blenders and Distillers Ltd's allocation decreased from 2.73 % to 2.62 %
Manorama Industries Ltd's allocation decreased from 2.45 % to 2.41 %
Manorama Industries Ltd's allocation decreased from 2.45 % to 2.41 %
Syrma SGS Technology Ltd's allocation decreased from 2.25 % to 2.19 %
Syrma SGS Technology Ltd's allocation decreased from 2.25 % to 2.19 %

LIC MF Small Cap Fund Direct Growth Overview

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

Expense ratio1.02%
Benchmark
Nifty Smallcap 250 TR INR
AUM₹632 Cr
Inception Date21 June, 2017
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
87.25%
Risk
Risk meter
pointer
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 Mahesh Bendre, Nikhil Rungta. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Small Cap Fund Direct Growth has ₹632 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

LIC MF Small Cap Fund Direct Growth has given a CAGR return of 16.04% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -4.74%, 19.40% and 29.35% respectively.

Holdings

LIC MF Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Consumer Cyclical, Tech, Health, Financial Services, Consumer Defensive, Utilities, Communication. Its top holdings are Apollo Micro Systems Ltd Ordinary Shares, Allied Blenders and Distillers Ltd, Manorama Industries Ltd, Avalon Technologies Ltd, Syrma SGS Technology 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 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 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

Mahesh Bendre

Fund Manager of LIC MF Small Cap Fund Direct Growth, since 1 July 2024

Nikhil Rungta

Fund Manager of LIC MF Small Cap Fund Direct Growth, since 1 July 2024

Learn more about LIC Mutual Fund
Parameters
Sep'25
Aug'25
Jul'25
AUM
₹ 632.3 Cr
₹ 604.4 Cr
₹ 618.1 Cr
  • AUM of the fund stands at 632.3 Cr as of Sep'25
  • AUM increased by 27.9 Cr between Sep'25 and Aug'25

Compare LIC MF Small Cap Fund

LIC MF Small Cap Fund

VS

Nippon India Small Cap Fund Direct Growth

Frequently Asked Questions for LIC MF Small Cap Fund Direct Growth

How do I invest in LIC MF Small Cap Fund?

INDmoney makes it simple to invest in the LIC MF Small Cap Fund. To do so, follow the steps below:
  • 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.

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

The NAV of the fund today is ₹34.44. 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 Small Cap Fund fund has generated a return of -4.74% in 1 year, 19.40% in 3 years, 29.35% in 5 years.

Who is the fund manager of LIC MF Small Cap Fund?

The fund managers are Mahesh Bendre, Nikhil Rungta.

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 1.02%. 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 ₹632 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 Small Cap Fund?

The top 3 holdings of the fund are Apollo Micro Systems Ltd Ordinary Shares(4.07%), Allied Blenders and Distillers Ltd(2.62%), Manorama Industries Ltd(2.41%)