LIC Mf Equity Savings Fund Regular Growth NAV today
AMFI: 151950ISIN: INF397L01315MUTF_IN: LIC_MF_EQ_1LCUXCJLIC Mutual FundEquity Savings funds
Formerly IDBI Equity Savings Fund
NAV ₹27.7364down ₹0.09 (0.33%)
NAV for 23 Oct 2026, against 22 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹39 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 2.83%23 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 28.430 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- ModerateAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 6030 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 7 Mar 2011
LIC Mf Equity Savings Fund returns
Regular Growth plan
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −1.65% | – | – | – | – |
| 1 month | −3.11% | – | 21 of 24 | −1.87% | −2.5% to −1.5% |
| 3 months | −1.43% | – | 17 of 24 | −1.28% | −1.5% to −0.6% |
| 6 months | −0.91% | – | 20 of 24 | −0.04% | −0.6% to +1.2% |
| 1 year | −2.03% | +1.54%to 30 Sep 2026 | 22 of 24 | +0.37% | −0.8% to +1.9% |
| 3 years | +6.83% | +7.06%to 30 Sep 2026 | 12 of 21 | +6.93% | +6.3% to +7.6% |
| 5 years | +5.62% | +6.62%to 30 Sep 2026 | 14 of 21 | +6.39% | +5.5% to +6.9% |
| 10 years | +6.13% | +8.43%to 30 Sep 2026 | 12 of 14 | +7.52% | +6.4% to +8.2% |
₹10,000 put in on 14 Mar 2011 is ₹27,667 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: Nifty Equity Savings Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Regular plans of Equity Savings funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +1.78% | +1.54% |
| 3 years | +7.15% | +7.06% |
| 5 years | +6.35% | +6.62% |
| 10 years | +6.40% | +8.43% |
| Since launch | +6.91% | +8.71% |
Benchmark: Nifty Equity Savings Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Regular GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2014, +14.5%; lowest year to Dec 2018, +1.9%
LIC Mf Equity Savings Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,19,037₹1,19,031 after stamp duty | −1.55% | −1.56% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,78,315₹3,78,296 after stamp duty | +3.30% | +3.29% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹6,90,456₹6,90,422 after stamp duty | +5.60% | +5.60% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹16,85,098₹16,85,052 after stamp duty | +6.63% | +6.63% | ₹38 | |
| Since Mar 2011187 instalments | ₹18,70,000 | ₹32,03,691₹32,03,644 after stamp duty | +6.58% | +6.58% | ₹38 |
Rolling returns
Per cent a year, every window from 14 Mar 2011 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year3,565 windows−10.3%+7.2%+33.9%96.4%
3 years3,080 windows−2.2%+7.2%+12.9%99.6%
5 years2,605 windows+0.6%+6.8%+12.3%100.0%
10 years1,383 windows+5.6%+6.8%+7.5%100.0%
Every 5 and 10-year window ended higher than it started.
LIC Mf Equity Savings Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 0.97 ptsA year, on 23 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.86%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.83%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 2.06%, Jun 2026.Direct plan lowest 0.99%, Aug 2024.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 1.11% | 1.99% |
| Brokerage | 0.12% | 0.12% |
| Transaction costs | 0.02% | 0.02% |
| Statutory levies | 0.61% | 0.70% |
Per cent of assets a year, filed for 23 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 3 months from the date of allotment. 1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 3 months from the date of allotment. Nil, If units of scheme are redeemed or switched out after 3 months from the date of allotment.MoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹5,000
- Minimum top-up
- ₹500
- Minimum redemption
- ₹500
- SIP
- Accepted
- SIP minimum
- 100, 150,200, 1000 |
- SIP instalments, at least
- 60,40,30,6 |
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP dates
- Daily - All business day, Weekly – Between Monday to Friday, Monthly - Any date between 1st to 28th, Quarterly - Any date between 1st to 28th|
As listed for this plan on 24 Oct 2026.
LIC Mf Equity Savings Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹38 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 28.5%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Sep 2023.
Assets at each month end
Highest ₹39 Cr, Aug 2026.Lowest ₹9 Cr, Sep 2023.
LIC Mf Equity Savings Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|
| LIC Mf Liquid Fund | Fund units | 9.73% | 3.76 | 7,280 | Aug 2023 | |
| CiplaPharmaceuticals & Biotechnology | Shares | Large cap99th | 2.66% | 1.03 | 7,650 | Mar 2026 |
| State Bank of IndiaBanks | Shares | Large cap4th | 2.23% | 0.86 | 9,000 | Jul 2023or earlier |
| EternalRetailing | Shares | Large cap37th | 2.01% | 0.78 | 24,250 | Dec 2025 |
| Bajaj AutoAutomobiles | Shares | Large cap31st | 1.79% | 0.69 | 635 | Apr 2026 |
| APL Apollo TubesIndustrial Products | Shares | Mid cap190th | 1.78% | 0.69 | 3,150 | Mar 2026 |
| Bank of BarodaBanks | Shares | Large cap58th | 1.74% | 0.67 | 29,250 | Jul 2024 |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | Shares | Large cap50th | 1.68% | 0.65 | 700 | May 2026 |
| Solar Industries IndiaChemicals & Petrochemicals | Shares | Large cap73rd | 1.60% | 0.62 | 315 | Jul 2026 |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | Shares | Mid cap107th | 1.59% | 0.62 | 40,000 | Apr 2024 |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | Shares | Large cap61st | 1.59% | 0.61 | 1,280 | Apr 2026 |
| TrentRetailing | Shares | Large cap60th | 1.53% | 0.59 | 2,250 | Feb 2025 |
| LG Electronics IndiaConsumer Durables | Shares | Mid cap108th | 1.47% | 0.57 | 3,300 | Oct 2025 |
| Ajanta PharmaPharmaceuticals & Biotechnology | Shares | Mid cap236th | 1.47% | 0.57 | 1,570 | Sep 2026 |
| Tata Consultancy ServicesIT - Software | Shares | Large cap6th | 1.43% | 0.55 | 2,700 | Jul 2023or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| Cipla Ltd. | −2.68% | −1.04 | −7,650 |
| State Bank of India | −2.25% | −0.87 | −9,000 |
| APL Apollo Tubes Ltd. | −1.80% | −0.69 | −3,150 |
| Bank of Baroda | −1.76% | −0.68 | −29,250 |
| Ashok Leyland Ltd. | −1.61% | −0.62 | −40,000 |
| Trent Ltd. | −1.54% | −0.59 | −2,250 |
| Tata Consultancy Services Ltd. | −1.43% | −0.55 | −2,700 |
| Ultratech Cement Ltd. | −1.42% | −0.55 | −500 |
| Hindalco Industries Ltd. | −1.38% | −0.53 | −5,600 |
| Kotak Mahindra Bank Ltd. | −1.29% | −0.50 | −12,000 |
| Hero MotoCorp Ltd. | −1.23% | −0.48 | −900 |
| HDFC Bank Ltd. | −1.20% | −0.47 | −6,500 |
| Coforge Ltd. | −1.08% | −0.42 | −2,375 |
| Persistent Systems Ltd. | −1.02% | −0.39 | −750 |
| ICICI Bank Ltd. | −0.96% | −0.37 | −2,800 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Treps | 22.18% | 8.58 |
| Net Receivables / (Payables) | 0.40% | 0.16 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 9.73%LIC Mf Liquid Fund
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 18.42%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 26.83%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 18.68%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 32.6Taken over 77.41% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares66.35%
- Units of other funds11.06%
- Cash and receivables22.59%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.−31.94%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.31.94%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap60.41%Category 78.12%
- Mid cap30.72%Category 13.78%
- Small cap8.87%Category 7.50%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Category is the average of 24 Equity Savings funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.10sectors
- Healthcare5.77%Category 3.27%
- Automobile And Auto Components4.95%Category 2.63%
- Capital Goods4.46%Category 1.86%
- Consumer Services4.17%Category 1.34%
- Consumer Durables3.74%Category 0.98%
- Fast Moving Consumer Goods3.18%Category 1.84%
- Financial Services3.17%Category 10.24%
- Metals & Mining2.16%Category 0.73%
- Chemicals1.60%Category 0.65%
- Telecommunication1.23%Category 1.27%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 24 Equity Savings funds. Category average. The sector's weight, less the futures sold on it, averaged over the 24 Equity Savings funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Healthcare5 companies | 5.77% | 5.07% | 6.26% | 4.23% | 5.67% | 2.87% | 3.54% | 3.30% | 3.89% | 4.31% | 3.62% | 4.22% | |
| Automobile And Auto Components8 companies | 4.95% | 4.11% | 4.16% | 4.28% | 4.56% | 5.08% | 3.14% | 3.47% | 2.73% | 3.22% | 2.27% | 2.48% | |
| Capital Goods8 companies | 4.46% | 4.77% | 4.80% | 5.26% | 5.06% | 3.50% | 5.86% | 5.69% | 6.73% | 6.10% | 5.21% | 6.18% | |
| Consumer Services5 companies | 4.17% | 4.36% | 4.17% | 1.30% | 1.11% | 0.86% | 1.55% | 1.66% | 2.78% | 2.91% | 2.73% | 2.05% | |
| Consumer Durables4 companies | 3.74% | 3.38% | 3.34% | 3.32% | 2.01% | 2.22% | 0.88% | 0.88% | 0.81% | 2.40% | 2.36% | 2.10% | |
| Fast Moving Consumer Goods4 companies | 3.18% | 2.65% | 1.86% | 2.94% | 3.71% | 4.60% | 4.41% | 4.32% | 4.47% | 4.89% | 4.11% | 4.14% | |
| Financial Services13 companies | 3.17% | 3.03% | 1.81% | 2.85% | 0.87% | 2.48% | 5.21% | 5.50% | 5.83% | 5.36% | 4.38% | 6.40% | |
| Metals & Mining3 companies | 2.16% | 2.27% | 2.28% | 3.16% | 2.36% | 0.99% | 1.73% | 1.72% | 2.06% | 2.05% | 2.00% | 1.02% | |
| Chemicals1 company | 1.60% | 1.63% | 0.93% | 0.00% | 0.00% | 1.00% | 1.08% | 1.13% | 1.09% | 1.11% | 1.11% | 1.00% | |
| Telecommunication1 company | 1.23% | 1.26% | 1.41% | 1.37% | 1.41% | 1.32% | −0.01% | −0.01% | 0.00% | −0.01% | −0.01% | −0.01% | |
| Oil Gas & Consumable Fuels | 0.00% | 0.00% | 0.00% | 1.10% | 1.16% | 1.30% | 1.44% | 1.35% | 1.35% | 2.14% | 1.63% | 1.43% | |
| Power | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.57% | 0.59% | 0.71% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 11.47% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 22.21% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 7
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 79
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 1.47%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 7.34%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| Ajanta Pharma | New | 1.47% | 0.00% | +1.47 pts | +1,570 |
| Oracle Financial Services Software | Sold out | – | 1.13% | −1.13 pts | −350 |
| Sun Pharmaceutical Industries | Sold out | – | 1.07% | −1.07 pts | −2,100 |
| LG Electronics India | Added | 1.47% | 0.86% | +0.61 pts | +1,330 |
| Radico Khaitan | Added | 1.41% | 0.87% | +0.54 pts | +500 |
| Torrent Pharmaceuticals | Added | 1.59% | 1.18% | +0.41 pts | +380 |
| Ujjivan Small Finance Bank | Added | 1.07% | 0.71% | +0.35 pts | +21,100 |
| Bajaj Auto | Added | 1.79% | 1.49% | +0.30 pts | +160 |
| Endurance Technologies | Added | 1.20% | 0.93% | +0.28 pts | +500 |
| Sona BLW Precision Forgings | Added | 1.29% | 1.05% | +0.24 pts | +1,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LIC Mf Liquid Fund | 11.53% | 9.96% | 9.90% | 10.12% | 10.17% | 11.30% | 10.81% | 10.49% | 10.19% | 9.89% | 9.66% | 9.73% |
 Cipla | – | – | – | – | – | 1.14%Bought | 1.16% | 1.20% | 3.08%Added | 2.99% | 2.78% | 2.66% |
 State Bank of India | 0.66% | 0.59% | 0.59% | 0.66% | 0.48%Cut | 0.44% | 1.58%Added | 2.47%Added | 2.54% | 2.45% | 2.46% | 2.23% |
 Eternal | – | – | 1.86%Bought again | 1.86% | 1.68% | 1.72% | 1.77% | 1.73% | 1.76% | 1.95% | 2.05% | 2.01% |
 Bajaj Auto | – | – | – | – | – | – | 1.77%Bought again | 1.42%Cut | 1.27% | 1.45% | 1.49% | 1.79%Added |
 APL Apollo Tubes | – | – | – | – | – | 1.05%Bought again | 0.98% | 1.64%Added | 1.55% | 1.52% | 1.81% | 1.78% |
 Bank of Baroda | 2.64% | 2.36% | 2.39% | 2.46% | 2.64% | 2.25% | 2.27% | 2.24% | 2.19% | 1.88% | 1.80% | 1.74% |
 Divi's Laboratories | – | – | – | – | – | – | – | 1.71%Bought | 1.63% | 1.92% | 1.71%Cut | 1.68% |
 Solar Industries India | – | – | – | – | – | – | – | – | – | 0.93%Bought | 1.63%Added | 1.60% |
 Ashok Leyland | 1.84% | 1.76% | 1.98% | 2.21% | 2.37% | 1.91% | 1.91% | 1.77% | 1.73% | 1.76% | 1.81% | 1.59% |
 Torrent Pharmaceuticals | – | – | – | – | – | – | 0.99%Bought | 1.38%Added | 1.40% | 1.50% | 1.18%Cut | 1.59%Added |
 Trent | 1.52% | 1.19% | 1.18% | 1.06% | 1.09% | 1.02% | 1.22% | 1.20% | 2.03%Added | 1.79% | 1.67% | 1.53% |
 Ajanta Pharma | – | – | – | – | – | – | – | – | – | – | – | 1.47%Bought |
 LG Electronics India | 0.08%Bought | 0.70%Added | 0.83%Added | 0.81% | 0.88% | 0.88% | 0.93% | 0.86% | 0.84% | 0.78% | 0.86% | 1.47%Added |
 Tata Consultancy Services | 2.08% | 1.84% | 1.86% | 1.84% | 1.55% | 1.54% | 1.53% | 1.35% | 1.51%Added | 1.69% | 1.67% | 1.43% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 59.0% in Apr 2026
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Regular plans of Equity Savings funds (21 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.7.27%
2.70%Lowest5.08%Average8.26%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.4.25%
1.33%Lowest2.94%Average5.35%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.18
−0.16Lowest0.21Average0.88Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.26
−0.19Lowest0.31Average1.35Highest
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | −6.11% | 29 Oct 2025 | 31 Mar 2026 | 31 Jul 2026 |
| 3 years | −7.67% | 16 Dec 2024 | 3 Mar 2025 | 21 Apr 2025 |
| 5 years | −7.69% | 17 Jan 2022 | 17 Jun 2022 | 13 Sep 2022 |
| 10 years and since Mar 2011 | −18.62% | 11 Feb 2020 | 23 Mar 2020 | 9 Nov 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Jan 2026 to Aug 20268 months | Moderate | ModerateNifty Equity Savings Index |
| Dec 20251 month | Moderately High | ModerateNifty Equity Savings Index |
| Oct 2025 to Nov 20252 months | Moderate | ModerateNifty Equity Savings Index |
| Sep 20251 month | Moderately High | ModerateNifty Equity Savings Index |
| May 2025 to Aug 20254 months | Moderate | ModerateNifty Equity Savings Index |
| Jun 2024 to Apr 202511 months | Moderately High | ModerateNifty Equity Savings Index |
| Apr 2024 to May 20242 months | Moderate | ModerateNifty Equity Savings TRI |
| Jul 2023 to Mar 20249 months | Moderately High | ModerateNifty Equity Savings TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
LIC Mf Equity Savings Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Siddharth PanjwaniPrimary Fund manager - Equity & Arbitrage | Jul 2026 | +0.79%over 107 days | – | – | 15.6% | 30.8% | 6 | ₹1,176 Cr |
| Pratik Harish ShroffPrimary Fund Manager - Debt | Sep 2023 | +6.97%a year | – | – | 15.8% | – | 15 | ₹13,296 Cr |
Returns are the regular plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| LIC Mf Aggressive Hybrid FundSiddharth Panjwani | Sep 2026 | −2.51%over 45 days | – | – | ₹561 Cr |
| LIC Mf Unit Linked Insurance Scheme (ULIS)Siddharth Panjwani | Jul 2026 | – | – | – | ₹424 Cr |
| LIC Mf Technology FundSiddharth Panjwani | Jul 2026 | +7.91%over 107 days | – | – | ₹90 Cr |
| LIC Mf Conservative Hybrid FundSiddharth Panjwani | Jul 2026 | −1.13%over 107 days | – | – | ₹46 Cr |
| LIC Mf Children's FundSiddharth Panjwani | Sep 2023 | +6.97%a year | – | – | ₹16 Cr |
| LIC Mf Money Market FundPratik Harish Shroff | Oct 2025 | +6.26%a year | – | – | ₹3,979 Cr |
| LIC Mf Ultra Short to Short Term FundPratik Harish Shroff | Oct 2025 | +5.74%a year | – | – | ₹1,900 Cr |
| LIC Mf Nifty 8-13 yr G-Sec ETFPratik Harish Shroff | Sep 2023 | +6.04%a year | +6.18% | −0.14 pts | ₹1,704 Cr |
| LIC Mf Banking & PSU Debt FundPratik Harish Shroff | Sep 2023 | +6.58%a year | – | – | ₹1,598 Cr |
| LIC Mf Ultra Short Term FundPratik Harish Shroff | Oct 2025 | +5.67%a year | – | – | ₹1,420 Cr |
Up to ten funds a manager, largest first. Returns are the regular plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Mirae Asset Equity Savings FundMirae Asset Mutual Fund | 22.46% | 39 |
| HDFC Equity Savings FundHDFC Mutual Fund | 20.68% | 27 |
| SBI Equity Savings FundSBI Mutual Fund | 18.80% | 25 |
| WhiteOak Capital Equity Savings FundWhiteOak Capital Mutual Fund | 18.47% | 30 |
| Bandhan Equity Savings FundBandhan Mutual Fund | 18.44% | 20 |
| Franklin India Equity Savings FundFranklin Templeton Mutual Fund | 18.03% | 21 |
| Axis Equity Savings FundAxis Mutual Fund | 17.84% | 30 |
| Baroda BNP Paribas Equity Savings FundBaroda BNP Paribas Mutual Fund | 17.25% | 18 |
| DSP Equity Savings FundDSP Mutual Fund | 17.15% | 18 |
| HSBC Equity Savings FundHSBC Mutual Fund | 17.01% | 26 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| LIC Mf Balanced Advantage FundLIC Mutual Fund | 25.92% |
| LIC Mf Multi Asset Allocation FundLIC Mutual Fund | 20.85% |
| LIC Mf Aggressive Hybrid FundLIC Mutual Fund | 14.75% |
| LIC Mf Arbitrage FundLIC Mutual Fund | 14.30% |
| LIC Mf Conservative Hybrid FundLIC Mutual Fund | 12.35% |
As the fund house states it, for Aug 2026.
LIC Mf Equity Savings Fund dividend history
Paid through the IDCW (income distribution cum capital withdrawal) option, once called a dividend.Every fund's payouts
Regular IDCW planIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.This plan keeps its gains invested and pays nothing out. The Regular IDCW plan has made 6 payouts since Jun 2026, the latest on 28 Sep 2026.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
2021
- 31 OctBenchmarkBenchmark: CRISIL Liquid Debt Index(40.00), CRISIL Short-Term Bond Index(30.00), NIFTY 50 TRI(30.00) to Nifty Equity Savings TRI
Fund details
Objective
The investment objective of the Scheme is to generate regular income by investing in Debt and money market instruments and using arbitrage and other derivative strategies. The Scheme also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. There is no assurance that the investment objective of the Scheme will be achieved.
Asset allocation
- Equity and equity related instruments out of which - 65%-90%, Cash future arbitrage opportunities*$:-25%-75%, Net Long Equity exposure*- 15%-40%, Debt & Money market Instruments- 10%-35%, units issued by Infrastructure Investment Trusts (InvITs), Exchange Traded Commodity Derivatives (ETCDs) and mutual fund units including Gold ETFs, Silver ETFs- 0%-25%. The Scheme can take exposure to a stock for either or both arbitrage as well as unhedged exposure. Please refer the Scheme Information Document for complete details.
Type of scheme
An open-ended scheme investing in equity, arbitrage and debt
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- NIFTY Equity Savings Index
- Second benchmarkSecond benchmark. An additional index the fund house chose to compare the fund with, beside the first benchmark, which every fund of its category shares.
- CRISIL 10 Year Gilt Index
- New fund offer
- 14 Feb 2011 to 28 Feb 2011
- Units first allotted
- 7 Mar 2011
- Open for sale again
- 14 Mar 2011
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 151952 | INF397L01AZ5 | LIC_MF_EQ_PF9GVP | 7 Jan 2013 | |
| Regular Growth | 151950 | INF397L01315 | LIC_MF_EQ_1LCUXCJ | 14 Mar 2011 | |
| Direct IDCW | 151953 | INF397L01BA6 | INF397L01BB4 | LIC_MF_EQ_31Y8FH | 8 Jan 2013 |
| Regular IDCW | 151949 | INF397L01257 | INF397L01265 | LIC_MF_EQ_1J5NA9T | 14 Mar 2011 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- Lic-mf-factsheet-30 th-september-2026-275881603LIC Mutual Fund, Sep 2026
Statement of additional information
- SAI LIC Mutual FundLIC Mutual Fund, Oct 2026
Annual report
- LIC-MF-Annual-Report-2025-26LIC Mutual Fund, Mar 2026
- LIC-MF-Aggressive-Hybrid-Fund CombinedLIC Mutual Fund, Mar 2026
- LIC-MF-Arbitrage-Fund CombinedLIC Mutual Fund, Mar 2026
- LIC-MF-Balanced-Advantage-Fund CombinedLIC Mutual Fund, Mar 2026
Riskometer disclosure
- 1791450720-LIC-MF-Schemes-&-Benchmark-Risk-o-meter-as-on-September-30,-2026LIC Mutual Fund, Sep 2026
Portfolio overlap disclosure
- 1791277986-Portfolio Overlap 30Sep2026 websiteLIC Mutual Fund, Sep 2026