Investment Objective and Approach

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. LIC MF Small Cap Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in small-cap stocks at all times.

The fund follows a comprehensive investment strategy built on:

- Portfolio Construction: The investment strategy of the Scheme involves constructing a well-diversified portfolio of companies predominantly from the small cap universe. The investment team will adopt a combination of top-down and bottom-up approaches for portfolio construction.

- Investment Philosophy: The investment philosophy focuses on growth at reasonable prices by evaluating companies across fundamental parameters like competitive position, earnings growth, management quality, promoter track record, future plans, valuation corporate governance, sustainable cash flows etc.

- Target Investors: The fund is suitable for:

- Long Term Investors with investment horizon of minimum 5 years. Investors looking for a wealth creation in long term.

- Investors with moderately high risk appetite and looking for aggressive portfolio allocation. Investors who prefer to invest in small caps as part of asset allocation.

- Investors who have capacity to stomach short term market volatility and invest patiently.

Fund Managers

The fund is managed by Nikhil Rungta. Mr. Nikhil Rungta (Equity - managing since 01/07/24) brings extensive experience in equity fund management. He also manages other schemes in the LIC Mutual Fund portfolio, including LIC MF Value Fund and LIC MF Flexi Cap Fund, demonstrating his expertise across different equity investment styles.

About the Fund House (AMC)

LIC Mutual Fund Asset Management Limited has a distinguished legacy in the Indian mutual fund industry:

Heritage & Establishment: LIC Mutual Fund was established in April, 1989, by Life Insurance Corporation of India, the world's largest life insurer. The AMC was established on April 1989 and had maintained an above average CRISIL rating and high investor affiliation for the past 30 years. Registered with SEBI in 1994, LIC Mutual Fund has a rich history of almost 30 years in effectively managing investors' funds.

Ownership Structure: 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%).

Assets Under Management: LIC Mutual Funds currently operate with funds worth Rs. 30170.82 Crores. Currently, LIC Mutual Fund provides investors with about 26 different schemes catering to investors of varied risk appetites.

Performance Track Record: LIC AMC recorded a CAGR of 14.56% in the last 3 fiscal years, making it one of the most preferred large and mid-cap mutual funds amongst investors.

Leadership: LIC Mutual Fund is headed by Mr Dinesh Pangtey, Whole-time Director and Chief Executive Officer. Mr Mayank Arora is the Chief Compliance, Financial Officer & Company Secretary.

Should I Invest in LIC MF Small Cap Fund?

Fund Performance Metrics (as of August 28, 2025):

- AUM: ₹618.13 Cr as of 28th August 2025

- NAV: ₹32.91, as of 28th August 2025

- Expense Ratio: 1.03 as of 28th August 2025

- Launch Date: 21st June 2017

- Returns Since Inception: CAGR return of 15.55% since inception

Recent Performance Data:

- 1 Year Return: 4.04%

- 3 Year Return: 19.03%

- 5 Year Return: 33.57%

Investment Details:

- Minimum SIP: INR 200.00

- Minimum Lumpsum: INR 5000.00

- Lock-in Period: no lock in period

- Risk Level: Very High

Key Considerations:

Strengths:

- Strong long-term track record with consistent performance

- Managed by experienced fund manager with proven expertise

- Backed by trusted LIC brand with 30+ years of fund management experience

- No lock-in period providing liquidity flexibility

Risk Factors:

- High volatility typical of small-cap funds

- Standard deviation measures the volatility or risk associated with the returns of a mutual fund - at 22.45, it indicates significant price swings

- Recent 1-year performance shows modest returns, reflecting market conditions

This fund is suitable for investors seeking long-term wealth creation with high risk tolerance and investment horizon of at least 5 years.

FAQs

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

The current NAV is updated daily on Allvest platform. You can check the latest NAV along with historical price movements on the fund's main page.

What is the AUM of LIC MF Small Cap Fund?

As of August 28, 2025, the fund has Assets Under Management of ₹618.13 crores, indicating healthy investor interest and fund size.

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

The expense ratio is 1.03% as of August 28, 2025, which is competitive for small-cap funds and reflects the fund management costs.

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

The fund has delivered a CAGR return of 15.55% since its inception in June 2017, demonstrating strong long-term performance.

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

You can start a SIP with a minimum amount of ₹200 monthly, making it accessible for retail investors to build wealth systematically.

How do I invest in LIC MF Small Cap Fund?

You can easily invest in this fund through Allvest's platform with simple online KYC completion, bank linking, and instant investment processing.

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

Log into your Allvest account, select the fund, choose SIP option, set your monthly amount and date, and authorize the bank mandate for automated investments.

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

Through Allvest, set up auto-pay instructions with your bank after starting SIP. The platform will automatically deduct and invest your chosen amount monthly.

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

You can redeem your units anytime through Allvest platform. Funds are typically credited to your bank account within 2-3 business days with no lock-in restrictions.