INF767K01NC3
The scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of midcap companies. The fund follows a growth-oriented investment strategy, focusing on identifying and investing in quality companies across large and mid-cap segments that have the potential for sustained growth over the long term.
LIC MF Large & Mid Cap fund has delivered an annualised return of 13.7% over a period of 9 years. The fund's investment approach emphasizes fundamental analysis and stock picking based on company financials, management quality, and growth prospects. The fund managers focus on picking quality companies and hold them for a long duration to generate good compounding returns in their funds.
Key Investment Features:
- Launch Date: February 25, 2015
- Benchmark: Nifty LargeMidcap 250 TR INR
- Risk Category: Very High Risk
- Minimum SIP Amount: ₹200 (varies by platform)
- Minimum Lump Sum: ₹5,000
The fund is currently managed by two experienced fund managers:
Mr. Yogesh Patil (Equity - managing since 18/09/20) brings extensive experience in equity research and portfolio management. Yogesh Patil has an extensive experience of 15 years while managing equity & related investments.
Mr. Dikshit Mittal (Equity - managing since 01/06/23) complements the team with his analytical skills and market expertise. Both fund managers work together to implement the fund's investment strategy and maintain a balanced portfolio across large and mid-cap segments.
LIC Mutual Fund Asset Management Company Limited is a joint venture between Life Insurance Corporation of India (LIC) and Nomura Asset Management Co. Ltd, Japan. LIC Mutual Fund was established on 20th April 1989 by LIC of India. The AMC brings together LIC's deep understanding of the Indian market with Nomura's global investment expertise.
The fund house has been managing investor money for over three decades and has built a reputation for conservative, long-term investment strategies. Its current Asset under Management (AUM) surpasses Rs.14 crore. LIC Mutual Fund offers a comprehensive range of equity, debt, and hybrid schemes designed to meet various investor needs and risk profiles.
LIC MF is known for its disciplined investment approach and focus on generating consistent long-term returns for investors. The AMC's investment philosophy is built around thorough research, risk management, and maintaining portfolio quality across market cycles.
Recent Returns:
- 6 months: -1.95% (as per available data)
- 1 year: 11.66%
- 3 years: 19.61%
- 5 years: 23.52%
Fund Metrics:
- AUM: ₹2,859.42 Cr as of 15th April 2025
- Expense Ratio: 0.61 as of 15th April 2025 (Direct Plan)
- Sharpe Ratio: 0.32
- Alpha: 1.19
This fund is suitable for investors who:
- Have a high risk tolerance and can withstand market volatility
- Seek long-term capital appreciation over 5-7 years
- Want exposure to both large and mid-cap segments
- Prefer actively managed funds over passive options
- Have a minimum investment horizon of 5-7 years
Positives:
- Experienced fund management team
- Highest AUM (₹3,101 Cr) with established history (10+ years)
- Diversified portfolio across large and mid-cap stocks
- Reasonable expense ratio for direct plans
Risk Factors:
- Due to the asset class nature, expect volatility in your investments over the short term
- Mid-cap exposure can lead to higher volatility during market downturns
- Past performance does not guarantee future results
What is today's NAV of LIC MF Large & Mid Cap Fund?
The NAV changes daily based on market movements. You can check the latest NAV on the official LIC MF website or through Allvest platform for real-time updates.
What is the AUM of LIC MF Large & Mid Cap Fund?
The AUM of LIC MF Large & Mid Cap Fund is ₹2,859.42 Cr as of 15th April 2025.
What is the expense ratio of LIC MF Large & Mid Cap Fund?
The expense ratio is 0.61 as of 15th April 2025 for the direct plan, while regular plans have higher expense ratios.
What are the returns of LIC MF Large & Mid Cap Fund since inception?
LIC MF Large & Mid Cap Fund Direct Growth gave a CAGR of 15.03% since inception. Returns vary between regular and direct plans.
What is the minimum SIP amount to invest in LIC MF Large & Mid Cap Fund?
The minimum SIP amount is ₹200 though this may vary across different platforms. Some platforms may have different minimum amounts.
How do I invest in LIC MF Large & Mid Cap Fund?
You can invest through Allvest platform, AMC website, or authorized distributors. Complete your KYC, select the fund, choose investment amount and mode (SIP/lump sum).
How to start a SIP in LIC MF Large & Mid Cap Fund?
Register on Allvest, complete KYC verification, select LIC MF Large & Mid Cap Fund, choose SIP option, set amount and frequency, and authorize auto-debit mandate.
How do I automate an SIP in LIC MF Large & Mid Cap Fund?
Set up auto-debit mandate through Allvest platform by linking your bank account. This will automatically deduct SIP amount monthly and invest in the fund.
How can I withdraw/redeem my investment in LIC MF Large & Mid Cap Fund?
Log into Allvest, navigate to your portfolio, select the fund, choose redeem option, specify units/amount, and submit. Funds typically credit within 2-3 business days.
Clients/Investors to abstain them from dealing in any schemes of unauthorised collective investments / portfolio management, indicative/ guaranteed/fixed returns / payments etc.
Sr. No
Name of KMP
Designation
Mobile Number
Email ID
2.
Mr. Amit Bansal
Designated Director /
Compliance Officer