Investment Objective and Approach

LIC MF Flexi Cap Fund is an open-ended pure growth scheme seeking to provide capital growth by investing mainly in a mix of equity instruments. 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 optimize capital growth.

The fund follows a flexible investment approach that allows the fund manager to dynamically allocate across market capitalizations based on market opportunities. Flexi cap funds invest across large, mid, and small-cap stocks without any fixed allocation. This flexibility helps in managing risk and capturing growth opportunities across market cycles.

Key Investment Details as of July 2025:

- AUM: ₹1,020.58 Cr as of 11th July 2025

- Expense Ratio: 1.25% as of 11th July 2025 (Direct Plan)

- CAGR of 11.59% since inception

- Minimum SIP amount: ₹200

- Minimum Lumpsum Investment: ₹5,000

Fund Managers

The fund is managed by Mr. Nikhil Rungta (Equity - managing since 01/07/24) & Mr. Jaiprakash Toshniwal (Equity - managing since 31/07/23). Jaiprakash Toshniwal brings extensive experience of 15 years while managing equity & related investments. He is focused on picking quality companies and holds them for a long duration to generate good compounding returns in their funds.

About the Fund House (AMC)

LIC Mutual Fund was established in April, 1989, by Life Insurance Corporation of India, the world's largest life insurer. LIC Mutual Fund has a significant ownership of 45% held by LIC of India, making it the principal shareholder in LIC Mutual Fund Asset Management. Other noteworthy stakeholders in this Asset Management Company (AMC) include LIC Housing Finance (39.30%), GIC Housing Finance (11.70%), and Union Bank of India (4%).

Registered with SEBI in 1994, LIC Mutual Fund has a rich history of almost 30 years in effectively managing investors' funds. As of December 2023, the fund house boasts total assets under management (AUM) amounting to approximately Rs. 26,058 crores.

The AMC has established itself as a trusted player in the mutual fund industry, leveraging the strong brand equity of LIC of India while maintaining professional fund management practices.

Should I Invest in LIC MF Flexi Cap Fund?

Who Should Consider This Fund:

- Those who are looking for capital appreciation with a long-term investment horizon

- Those who have moderately high-risk appetite

- Those who would like to invest in securities across the market capitalization

- Those who have an investment horizon of more than 3 years

Investment Considerations:

The fund is rated as "Very High risk" and offers flexibility to invest across market caps. This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager.

Exit Load Structure:

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.

FAQs

What is today's NAV of LIC MF Flexi Cap Fund?

The current NAV varies daily based on market movements. You can check the latest NAV on Allvest platform or the official LIC Mutual Fund website for real-time updates.

What is the AUM of LIC MF Flexi Cap Fund?

The AUM (assets under management) of LIC MF Flexi Cap Fund is ₹1,020.58 Cr as of 11th July 2025.

What is the expense ratio of LIC MF Flexi Cap Fund?

The expense ratio of LIC MF Flexi Cap Fund is 1.25% as of 11th July 2025 for the Direct Plan. Regular plan expense ratio is slightly higher.

What are the returns of LIC MF Flexi Cap Fund since inception?

LIC MF Flexi Cap Fund Direct Growth has given a CAGR return of 11.59% since inception. Past performance doesn't guarantee future returns.

What is the minimum SIP amount to invest in LIC MF Flexi Cap Fund?

The minimum SIP amount of LIC MF Flexi Cap Fund is ₹200, making it accessible for small investors to start their investment journey.

How do I invest in LIC MF Flexi Cap Fund?

You can invest in LIC MF Flexi Cap Fund through Allvest platform by completing your KYC, selecting the fund, and choosing between SIP or lumpsum investment options.

How to start a SIP in LIC MF Flexi Cap Fund?

To start a SIP, register on Allvest, complete KYC verification, select LIC MF Flexi Cap Fund, choose SIP option, set amount and frequency, and set up auto-debit instructions.

How do I automate an SIP in LIC MF Flexi Cap Fund?

Once you set up a SIP on Allvest, you can automate it through auto-debit facility from your bank account, ensuring regular investments without manual intervention.

How can I withdraw/redeem my investment in LIC MF Flexi Cap Fund?

You can redeem your investment through Allvest platform by placing a redemption request. The amount will be credited to your registered bank account within 3-4 business days.