Screener > Mid Cap > LIC MF Mid Cap Fund

LIC MF Mid Cap Fund-Regular Plan-Growth

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AMC: LIC Mutual Fund • Category: Mid Cap • NAV: Rs 30.3976 (2026-11-11) • Rank: #17 in category (#189 overall) • Index Proxy: Nifty Midcap 150
Information only. Past performance does not guarantee future returns. Check the scheme documents and consult a qualified professional before investing.

💡 Why Pick This Fund? Quantitative Strengths & Watch-outs

🟢 Key Strengths
  • Delivered positive returns in 100% of 3-year investment horizons.
🟡 Things to Keep in Mind
  • Downside capture of 105% indicates larger drops during broader market downturns.
  • Expense ratio (3.07%) is higher than category median (2.11%), which creates fee drag over time.
₹96₹115₹134₹153₹172Jul '23Mar '25Nov '26
LIC MF Mid Cap Fund
Proxy (Nifty Midcap 150)

Key Statistics vs Category Median

Fund Size
Rs 381 cr
Category: Rs 6,151 cr (too small)
Total Expense (TER)
3.07%
Category Median: 2.11%
Base Expense (BER)
2.10%
Excludes levies & brokerage
Sharpe Ratio
0.48
Category Median: 0.56
Beta
0.95
Category Median: 0.91
Alpha
-0.42%
Category Median: +1.00%
Standard Deviation
17.04%
Category Median: 16.75%
MFIQ Score
2.9/10
Weak
Lagging category peers on risk-adjusted returns, downside protection, or expense drag.
Returns (30%) 2.8/10
3Y CAGR 13.6% against a category median of 15.0% (-1.4 points).
Risk Management (30%) 3.5/10
Sharpe ratio 0.48 (cat median 0.56), downside capture 105.1%, max fall -21.9%.
Consistency (20%) 4.0/10
100.0% of 3Y rolling windows positive; beat category median in 0 of 2 calendar years.
Cost Efficiency (20%) 0.9/10
Total expense ratio 3.07% vs category median 2.11% (+0.96% points).
Ranked #17 of 27 in Mid Cap. Percentile standing measured against category cohort.

Trailing Returns Comparison

Period Fund Return Category Median Difference
1 Month +3.42% +4.07% -0.65%
3 Months -3.04% -1.98% -1.06%
6 Months +2.78% +3.41% -0.63%
1 Year +3.28% +3.63% -0.35%
3 Years CAGR +13.62% +15.02% -1.40%
Since Inception +14.86% - -

📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay

See how a regular monthly SIP in LIC MF Mid Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.

Bank FD Benchmark
7.0% p.a. Fixed Deposit
Total Invested: ₹3,60,000
Maturity Value: ₹4,01,630
Interest Earned: +₹41,630
Actual Historical Performance
LIC MF Mid Cap Fund
CAGR: +13.62%
Fund Value: Calculating...
Extra Wealth Over FD: +₹0

Calendar Year Returns

Year Fund Category Median Gap
2026 +4.07% +5.43% -1.36%
2025 -1.25% +1.71% -2.96%
2024 +29.06% +29.27% -0.21%

Daily Rolling Returns Summary

Rolling Window Minimum Average Median Maximum % Positive % Beating Proxy
1-Year Rolling -8.82% +12.09% +5.32% +58.79% 77.3% 38.4%
3-Year Rolling +11.87% +15.01% +14.81% +18.02% 100.0% 27.1%

Risk Profile & Deepest Drawdowns

Sortino Ratio
0.65
Category: 0.75
R-Squared
0.928
Correlation with Proxy
Upside Capture
100.7%
Monthly return ratio
Downside Capture
105.1%
Lower is better

Deepest Market Corrections (Depth >= 10%)

Peak Date Trough Date Fall Depth Months to Bottom Recovery Period
2024-09-24 2025-04-07 -21.9% 6 months 16 months
2026-08-28 2026-10-23 -13.2% 2 months Not yet recovered

Portfolio & Asset Allocation

Statutory Asset Allocation Mandate (SEBI / SID)

Instrument Category Permitted Allocation Range
Instrument: - Equity & Equity related instruments of Midcap Companies Indicative allocation (% to total Assets): Minimum: 65%Maximum: 100%;Instrument: - Equity and equity related instruments other than Midcap companies, Money market instruments, other liquid instruments, INVITs and mutual funds units including Gold/Silver ETFs: Minimum: 0%Maximum: 35% Please refer the Scheme Information Document for complete details. Per Scheme Mandate

Investment Objective & Strategy

To provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies. There can be no assurance that the investment objective under the scheme will be realized.

ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.

Fund Size Position

Currently managing Rs 381 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as too small relative to Mid Cap schemes.

Too Small Small Comfortable Stretched Strained

Fund Management

Sudhanshu Asthana
Managing scheme since 2026-09-01
0.2 yrs tenure

Cost & Capital Gains Taxation

From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.

Applicable Tax Structure

Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.

Tax rules as of 23 July 2024. Verify before investing.

Closest Mid Cap Peers by Rank

Scheme Score 3Y Return Expense Downside Fund Size Compare
Mirae Asset Midcap Fund 4.0 +14.21% 2.01% 101.6% Rs 20,093 cr Compare →
Tata Mid Cap Fund 4.1 +13.17% 1.99% 86.1% Rs 6,151 cr Compare →
Mahindra Manulife Mid Cap Fund 5.0 +14.83% 2.05% 94.5% Rs 5,256 cr Compare →
DSP Midcap Fund 3.5 +12.47% 1.73% 99.8% Rs 20,109 cr Compare →
Union Midcap Fund 4.6 +15.14% 2.35% 91.4% Rs 1,996 cr Compare →

Frequently Asked Questions about LIC MF Mid Cap Fund

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

LIC MF Mid Cap Fund has a total expense ratio (TER) of 3.07% with a base expense ratio of 2.1%, compared to the Mid Cap category median of 2.11%.

Who manages LIC MF Mid Cap Fund?

LIC MF Mid Cap Fund is managed by Sudhanshu Asthana (tenure: 0.2 years since 2026-09-01).

What are the historical returns of LIC MF Mid Cap Fund?

LIC MF Mid Cap Fund delivered a 3-year CAGR of 13.62%. Its 1-year return stands at +3.28%.

How large is LIC MF Mid Cap Fund?

LIC MF Mid Cap Fund manages assets of Rs 381 cr, placing it in the 'too small' size band relative to Mid Cap peers.

How is LIC MF Mid Cap Fund scored on MFIQ?

LIC MF Mid Cap Fund holds an MFIQ Score of 2.9/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.

How risky is LIC MF Mid Cap Fund?

LIC MF Mid Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 17.04% with a maximum historical drawdown of -21.92%.