LIC Mf Flexi Cap Fund Direct Growth NAV today
AMFI: 120264ISIN: INF767K01EG3MUTF_IN: LIC_MF_FLEX_1EIXP1KLIC Mutual FundFlexi Cap funds
NAV ₹107.4880down ₹0.89 (0.82%)
NAV for 22 Oct 2026, against 21 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.
- ₹1,038 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.
- 1.81%18 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.
- 41.530 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.
- Very HighAug 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.
- 3930 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 15 Apr 1993
LIC Mf Flexi Cap Fund returns
Direct Growth plan
Over each window to 22 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 | −3.35% | −2.18% | – | – | – |
| 1 month | −8.49% | −4.79% | 47 of 47 | −5.21% | −5.8% to −4.6% |
| 3 months | −6.56% | −6.03% | 42 of 45 | −4.66% | −5.6% to −3.3% |
| 6 months | +0.66% | −5.01% | 11 of 45 | −1.95% | −4.5% to +0.7% |
| 1 year | −5.21% | −7.64% | 23 of 43 | −5.16% | −7.7% to −2.3% |
| 3 years | +8.66% | +9.04% | 28 of 37 | +10.47% | +8.7% to +13.7% |
| 5 years | +8.13% | +8.17% | 20 of 27 | +9.13% | +8.1% to +11.1% |
| 10 years | +9.96% | +12.34% | 18 of 19 | +12.62% | +11.6% to +14.2% |
₹10,000 put in on 2 Jan 2013 is ₹38,967 at the NAV of 22 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 500 TRI, over the same days as the fund. Rank, median and middle half among the Direct plans of Flexi Cap funds, each fund's return to its latest NAV on or before 22 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 | +3.26% | −2.03% |
| 3 years | +10.22% | +9.50% |
| 5 years | +9.50% | +9.04% |
| 10 years | +11.18% | +12.76% |
| Since launch | +12.33% | +12.99% |
Benchmark: Nifty 500 TRI. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Nifty 500 TRIBenchmark 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.
- Loss
Highest year to Dec 2014, +43.3%; lowest year to Dec 2015, −7.3%Above the benchmark in 4 of 12 years
Rolling returns
Per cent a year, every window from 2 Jan 2013 to 22 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 year3,143 windows−26.0%+12.9%+67.0%78.1%
3 years2,662 windows−5.0%+11.3%+23.4%98.4%
5 years2,169 windows−3.0%+11.0%+21.5%99.0%
10 years937 windows+7.3%+11.1%+13.3%100.0%
Every 10-year window ended higher than it started.
LIC Mf Flexi Cap Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 22 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 | ₹1,16,589₹1,16,583 after stamp duty | −5.48% | −5.49% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,72,385₹3,72,366 after stamp duty | +2.25% | +2.24% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,30,611₹7,30,574 after stamp duty | +7.89% | +7.88% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹20,55,087₹20,55,035 after stamp duty | +10.42% | +10.42% | ₹38 | |
| Since Jan 2013165 instalments | ₹16,50,000 | ₹34,87,208₹34,87,157 after stamp duty | +10.27% | +10.27% | ₹38 |
Risk ratios
NAV to 22 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Flexi Cap funds (37 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.17.04%
10.09%Lowest15.87%Average19.53%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.11.83%
5.62%Lowest10.23%Average15.50%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.0.31
−0.38Lowest0.40Average0.70Highest
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.0.42
−0.46Lowest0.59Average1.13Highest
Against Nifty 500 TRI
BetaBeta. How much the fund's monthly return moved for each 1% move in its benchmark: 1 moves with it, below 1 moves less.1.00
0.59Lowest0.96Average1.11Highest
AlphaAlpha. The yearly return the fund made beyond what its beta to the benchmark accounts for.+0.73 pts
−13.17 ptsLowest+1.47 ptsAverage of 25 funds+8.30 ptsHighest
R-squaredR-squared. The share of the fund's monthly movement that its benchmark's movement explains, from 0 to 100.85.3
72.6Lowest90.4Average97.9Highest
CorrelationCorrelation. How closely the fund's monthly returns moved in step with its benchmark's, from minus 1 (always opposite) to 1 (always together).0.92
0.85Lowest0.95Average0.99Highest
Upside captureUpside capture. The fund's return in the months its benchmark rose, as a percentage of the benchmark's return in those months.105.0%
72.8%Lowest103.5%Average129.8%Highest
Downside captureDownside capture. The fund's return in the months its benchmark fell, as a percentage of the benchmark's fall in those months.102.6%
43.7%Lowest90.8%Average136.8%Highest
Information ratioInformation ratio. The fund's return above its benchmark, divided by how much that difference varied, as stated by the fund house.To 30 Sep 20260.14
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 | −16.75% | 17 Nov 2025 | 23 Mar 2026 | 6 Jul 2026 |
| 3 and 5 years | −23.22% | 27 Sep 2024 | 3 Mar 2025 | 3 Aug 2026 |
| 10 years and since Jan 2013 | −34.20% | 12 Feb 2020 | 23 Mar 2020 | 23 Nov 2020 |
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 146.0% in Jun 2026
LIC Mf Flexi Cap 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. | |||
|---|---|---|---|---|---|
| ICICI BankBanks | Large cap5th | 4.64% | 48.15 | 3,64,330 | Apr 2026 |
| Solar Industries IndiaChemicals & Petrochemicals | Large cap73rd | 4.27% | 44.33 | 22,500 | May 2026 |
| Samvardhana Motherson InternationalAuto Components | Large cap77th | 3.52% | 36.53 | 22,37,500 | Apr 2026 |
| Navin Fluorine InternationalChemicals & Petrochemicals | Small cap251st | 3.50% | 36.27 | 43,995 | Jul 2024 |
| EternalRetailing | Large cap37th | 3.36% | 34.88 | 10,90,000 | Jun 2026 |
| InterGlobe AviationTransport Services | Large cap48th | 3.13% | 32.43 | 65,075 | Jun 2025 |
| Neuland LaboratoriesPharmaceuticals & Biotechnology | Small cap356th | 3.11% | 32.24 | 15,100 | May 2026 |
| Larsen & ToubroConstruction | Large cap8th | 3.04% | 31.55 | 83,902 | May 2025 |
| 360 ONE WAMCapital Markets | Mid cap211th | 3.01% | 31.22 | 3,03,150 | Aug 2026 |
| IndusInd BankBanks | Mid cap152nd | 2.98% | 30.96 | 3,43,500 | May 2026 |
| Shriram FinanceFinance | Large cap42nd | 2.96% | 30.76 | 3,13,024 | May 2024 |
| Apollo Hospitals EnterpriseHealthcare Services | Large cap97th | 2.88% | 29.86 | 36,563 | Jul 2025 |
| Pidilite IndustriesChemicals & Petrochemicals | Large cap57th | 2.80% | 29.05 | 1,98,250 | Jun 2026 |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | Large cap13th | 2.77% | 28.79 | 1,58,500 | Apr 2026 |
| Hitachi Energy IndiaElectrical Equipment | Large cap85th | 2.70% | 28.04 | 9,156 | Apr 2026 |
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 | 2.71% | 28.08 |
| Net Receivables / (Payables) | 1.55% | 16.15 |
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.
- 4.64%ICICI Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 19.29%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 34.56%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 35.6Taken over 95.74% 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 shares95.74%
- Cash and receivables4.26%
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 cap42.01%Category 53.86%
- Mid cap34.49%Category 20.36%
- Small cap23.50%Category 24.06%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Category is the average of 47 Flexi Cap 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.14sectors
- Financial Services24.64%Category 27.83%
- Automobile And Auto Components13.67%Category 8.98%
- Healthcare12.96%Category 9.56%
- Chemicals10.57%Category 2.59%
- Capital Goods6.53%Category 8.85%
- Fast Moving Consumer Goods5.32%Category 4.15%
- Information Technology4.59%Category 4.76%
- Consumer Services3.36%Category 5.16%
- Services3.13%Category 2.68%
- Construction3.04%Category 2.23%
- Realty2.43%Category 0.93%
- Metals & Mining2.06%Category 2.60%
- Utilities2.03%Category 0.08%
- Consumer Durables1.41%Category 3.60%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 47 Flexi Cap funds. Category average. The sector's weight, less the futures sold on it, averaged over the 47 Flexi Cap 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 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services9 companies | 24.64% | 25.67% | 26.97% | 28.43% | 30.40% | 32.87% | 28.57% | 30.84% | 31.61% | 31.26% | 30.75% | 29.62% | |
| Automobile And Auto Components7 companies | 13.67% | 12.57% | 11.93% | 10.92% | 8.69% | 6.96% | 3.13% | 3.82% | 3.44% | 2.44% | 2.14% | 4.19% | |
| Healthcare5 companies | 12.96% | 12.77% | 12.89% | 11.05% | 10.11% | 8.69% | 12.03% | 11.39% | 10.65% | 10.52% | 11.11% | 10.00% | |
| Chemicals3 companies | 10.57% | 10.38% | 8.92% | 8.44% | 6.44% | 3.56% | 5.80% | 5.46% | 5.48% | 5.93% | 5.69% | 4.31% | |
| Capital Goods3 companies | 6.53% | 7.78% | 8.69% | 11.66% | 11.86% | 9.00% | 7.02% | 9.54% | 10.43% | 10.64% | 9.89% | 11.32% | |
| Fast Moving Consumer Goods3 companies | 5.32% | 4.78% | 3.85% | 3.65% | 4.90% | 5.60% | 6.81% | 7.56% | 8.00% | 8.59% | 7.85% | 6.31% | |
| Information Technology2 companies | 4.59% | 4.89% | 4.49% | 4.13% | 4.14% | 3.15% | 6.07% | 5.81% | 6.91% | 7.07% | 6.45% | 6.50% | |
| Consumer Services1 company | 3.36% | 5.08% | 5.08% | 4.32% | 2.07% | 2.55% | 2.83% | 3.01% | 2.50% | 2.62% | 3.01% | 3.33% | |
| Services1 company | 3.13% | 3.03% | 3.13% | 3.32% | 2.87% | 3.75% | 3.73% | 4.06% | 3.56% | 3.63% | 3.98% | 3.73% | |
| Construction1 company | 3.04% | 3.02% | 3.08% | 3.30% | 3.43% | 3.46% | 1.81% | 1.98% | 2.06% | 2.03% | 2.19% | 2.17% | |
| Realty1 company | 2.43% | 2.20% | 2.29% | 2.41% | 2.31% | 2.36% | 1.68% | 3.14% | 3.05% | 3.14% | 3.31% | 2.21% | |
| Metals & Mining1 company | 2.06% | 1.13% | 0.98% | 1.46% | 1.71% | 0.00% | 0.44% | 1.48% | 1.41% | 0.63% | 0.57% | 0.00% |
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.
- 11.30% 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.
- 47.54% 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.
- 5
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 2
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 31
- 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.
- 1.30%
- 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.
- 10.58%
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. | ||||
|---|---|---|---|---|---|
| HDFC Asset Management Company | Sold out | – | 2.33% | −2.33 pts | −1,00,000 |
| ITC Hotels | Sold out | – | 1.90% | −1.90 pts | −13,34,772 |
| Bharti Airtel | Sold out | – | 1.86% | −1.86 pts | −1,15,518 |
| KEI Industries | Sold out | – | 1.45% | −1.45 pts | −28,381 |
| 360 ONE WAM | Added | 3.01% | 1.70% | +1.31 pts | +1,40,000 |
| Sona BLW Precision Forgings | New | 1.30% | 0.00% | +1.30 pts | +1,62,500 |
| Ather Energy | Trimmed | 1.09% | 2.24% | −1.15 pts | −67,500 |
| Neuland Laboratories | Added | 3.11% | 2.11% | +1.00 pts | +4,800 |
| Jindal Stainless | Added | 2.06% | 1.13% | +0.93 pts | +1,05,750 |
| Torrent Pharmaceuticals | Trimmed | 2.14% | 3.03% | −0.89 pts | −21,000 |
| Endurance Technologies | Added | 2.02% | 1.27% | +0.75 pts | +29,150 |
| Mrs. Bectors Food Specialities | Added | 1.89% | 1.51% | +0.38 pts | +2,01,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
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. | |
|---|---|---|
| JM Flexi Cap FundJM Financial Mutual Fund | 26.91% | 17 |
| Helios Flexi Cap FundHelios Mutual Fund | 25.84% | 14 |
| Kotak Flexi Cap FundKotak Mahindra Mutual Fund | 24.09% | 10 |
| Edelweiss Flexi Cap FundEdelweiss Mutual Fund | 23.43% | 19 |
| Mahindra Manulife Flexi Cap FundMahindra Manulife Mutual Fund | 22.97% | 14 |
| Baroda BNP Paribas Flexi Cap FundBaroda BNP Paribas Mutual Fund | 22.97% | 11 |
| SBI Flexicap FundSBI Mutual Fund | 22.56% | 13 |
| Invesco India Flexi Cap FundInvesco Mutual Fund | 22.29% | 14 |
| PGIM India Flexi Cap FundPGIM India Mutual Fund | 22.19% | 16 |
| Nippon India Flexi Cap FundNippon India Mutual Fund | 21.71% | 12 |
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 Large & Mid Cap FundLIC Mutual Fund | 32.64% |
| LIC Mf Large Cap FundLIC Mutual Fund | 31.90% |
| LIC Mf Consumption FundLIC Mutual Fund | 26.74% |
| LIC Mf Unit Linked Insurance Scheme (ULIS)LIC Mutual Fund | 26.50% |
| LIC Mf ELSS Tax Saver FundLIC Mutual Fund | 26.39% |
| LIC Mf Banking and Financial Services FundLIC Mutual Fund | 23.33% |
| LIC Mf Multi Cap FundLIC Mutual Fund | 22.61% |
| LIC Mf Dividend Yield FundLIC Mutual Fund | 21.88% |
| LIC Mf Mid Cap FundLIC Mutual Fund | 19.11% |
| LIC Mf Focused FundLIC Mutual Fund | 17.89% |
As the fund house states it, for Aug 2026.
LIC Mf Flexi Cap 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.
- 1.09 ptsA year, on 18 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.
- 1.82%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.
- 2.91%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 2.42%, Jun 2026.Direct plan lowest 1.12%, May 2026.
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. | 0.96% | 1.92% |
| Brokerage | 0.21% | 0.21% |
| Transaction costs | 0.01% | 0.01% |
| Statutory levies | 0.63% | 0.76% |
Per cent of assets a year, filed for 18 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 3 months from the date of allotment of units., 1% on remaining units if redeemed or switched out on or before completion of 3 months from the date of allotment of units., Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.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 23 Oct 2026.
LIC Mf Flexi Cap 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.
- ₹1,086 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.
- 7.3%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹1,103 Cr, quarter to Sep 2024.
Assets at each month end
Highest ₹1,135 Cr, Sep 2024.Lowest ₹239 Cr, Mar 2020.
LIC Mf Flexi Cap 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. | ||
|---|---|---|---|---|---|---|---|---|
| Sudhanshu AsthanaFund Manager | Apr 2026 | +11.29%over 192 days | +5.26% | +6.03 pts | 66.5% | 17.8% | 6 | ₹5,552 Cr₹3,574 Cr alone |
| Nikhil KapoorFund Manager | Jul 2026 | −3.13%over 107 days | −3.33% | +0.20 pts | 23.5% | 66.5% | 11 | ₹7,981 Cr |
Returns are the direct 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 Large & Mid Cap FundSudhanshu Asthana | Apr 2026 | +5.56%over 192 days | +5.50% | +0.06 pts | ₹2,949 Cr |
| LIC Mf Small Cap FundSudhanshu Asthana | Sep 2026 | −4.00%over 45 days | −3.90% | −0.10 pts | ₹841 Cr |
| LIC Mf Mid Cap FundSudhanshu Asthana | Sep 2026 | −7.19%over 45 days | −6.49% | −0.70 pts | ₹369 Cr |
| LIC Mf Banking and Financial Services FundSudhanshu Asthana | Apr 2026 | +3.14%over 192 days | +3.66% | −0.51 pts | ₹256 Cr |
| LIC Mf Healthcare FundSudhanshu Asthana | Apr 2026 | +17.58%over 192 days | – | – | ₹99 Cr |
| LIC Mf Multi Cap FundNikhil Kapoor | Sep 2026 | −4.27%over 45 days | −4.59% | +0.32 pts | ₹2,187 Cr |
| LIC Mf ELSS Tax Saver FundNikhil Kapoor | Jul 2026 | −2.44%over 107 days | −3.33% | +0.89 pts | ₹972 Cr |
| LIC Mf Nifty 50 ETFNikhil Kapoor | Apr 2026 | – | +0.94% | – | ₹816 Cr |
| LIC Mf Nifty 100 ETFNikhil Kapoor | Apr 2026 | – | +2.50% | – | ₹698 Cr |
| LIC Mf BSE Sensex ETFNikhil Kapoor | Apr 2026 | – | – | – | ₹676 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
LIC Mf Flexi Cap Fund dividend history
Paid through the IDCW (income distribution cum capital withdrawal) option, once called a dividend.
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
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. |
|---|---|---|
| Oct 2021 to Aug 202659 months | Very High | Very HighNifty 500 TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Fund details
Objective
The main investment objective of the scheme is to provide capital growth by investing across Large, Mid & Small Cap stocks. The investment portfolio of the scheme will be constantly monitored and reviewed to optimise capital growth. There is no assurance that the investment objective of the Scheme will be achieved.
Asset allocation
Equity and equity related instruments : 65-100%, Money market instruments, other liquid instruments, INVITs and mutual fund units including Gold/ Silver ETFs.:0-35%. Please refer the Scheme Information Document for complete details.
Type of scheme
An open ended dynamic equity scheme investing across large cap, mid cap and small cap stocks
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- Nifty 500 TRI
- Risk level at launchRiskometer. 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.
- Very High
- New fund offer
- 11 Jan 1993 to 24 Feb 1993
- Units first allotted
- 15 Apr 1993
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹2,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 120264 | INF767K01EG3 | LIC_MF_FLEX_1EIXP1K | 2 Jan 2013 | |
| Regular Growth | 100313 | INF767K01071 | LIC_MF_FLEX_1522M5Y | 3 Apr 2006 | |
| Direct IDCW | 120263 | INF767K01EF5 | INF767K01EH1 | LIC_MF_FLEX_NBFW8W | 2 Jan 2013 |
| Regular IDCW | 100312 | INF767K01063 | INF767K01055 | LIC_MF_FLEX_1OC334A | 3 Apr 2006 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Lic-mf-factsheet-30 th-september-2026-275881603 (opens in a new tab)LIC Mutual Fund, Sep 2026
Statement of additional information
- SAI LIC Mutual Fund (opens in a new tab)LIC Mutual Fund, Oct 2026
Annual report
- LIC-MF-Annual-Report-2025-26 (opens in a new tab)LIC Mutual Fund, Mar 2026
- LIC-MF-Aggressive-Hybrid-Fund Combined (opens in a new tab)LIC Mutual Fund, Mar 2026
- LIC-MF-Arbitrage-Fund Combined (opens in a new tab)LIC Mutual Fund, Mar 2026
- LIC-MF-Balanced-Advantage-Fund Combined (opens in a new tab)LIC Mutual Fund, Mar 2026
Riskometer disclosure
- 1791450720-LIC-MF-Schemes-&-Benchmark-Risk-o-meter-as-on-September-30,-2026 (opens in a new tab)LIC Mutual Fund, Sep 2026
Portfolio overlap disclosure
- 1791277986-Portfolio Overlap 30Sep2026 website (opens in a new tab)LIC Mutual Fund, Sep 2026