LIC MF Equity Savings Fund
The fund has significantly reshuffled its equity holdings, exiting capital-intensive and underperforming names while adding discretionary plays like Bajaj Auto, Titan, and TVS Motor—signaling conviction in cyclical recovery and consumer spending. The heavy 20% allocation to Treps (short-term repo-based instruments) alongside a 21% cash position reveals a defensive posture, suggesting the manager expects near-term volatility despite tactical equity exposure to autos and metals. This balanced positioning makes sense for an equity savings category investor seeking moderate returns without aggressive risk.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹31.8796 | — | — | — | — | — | — |
| Regular Growth | ₹28.0002 | +1.97% | +1.19% | -0.83% | +2.63% | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Bajaj Auto Ltd. | 1.77% |
| Titan Company Ltd. | 1.29% |
| TVS Motor Company Ltd. | 1.13% |
| Torrent Pharmaceuticals Ltd. | 0.99% |
| FSN E-Commerce Ventures Ltd. | 0.88% |
| Siemens Ltd. | 0.81% |
| Endurance Technologies Ltd. | 0.72% |
| LIC MF MONEY MARKET FUND-DIRECT PLAN-GR | 1.47% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Treps | 20.25% |
| 2 | LIC MF LIQUID FUND-DR PLN-GR INF767K01DN1 | 10.81% |
| 3 | Tata Steel Ltd. INE081A01020 | 3.08% |
| 4 | National Aluminium Company Ltd. INE139A01034 | 2.65% |
| 5 | Bank of Baroda INE028A01039 | 2.27% |
| 6 | Ashok Leyland Ltd. INE208A01029 | 1.91% |
| 7 | Eternal Ltd. INE758T01015 | 1.77% |
| 8 | Bajaj Auto Ltd. INE917I01010 | 1.77% |
| 9 | Hindalco Industries Ltd. INE038A01020 | 1.71% |
| 10 | Ultratech Cement Ltd. INE481G01011 | 1.71% |
| 11 | State Bank of India INE062A01020 | 1.58% |
| 12 | Tata Consultancy Services Ltd. INE467B01029 | 1.53% |
| 13 | Godfrey Phillips India Ltd. INE260B01028 | 1.48% |
| 14 | LIC MF MONEY MARKET FUND-DIRECT PLAN-GR INF767K01RE0 | 1.47% |
| 15 | Kotak Mahindra Bank Ltd. INE237A01036 | 1.36% |
| 16 | Hero MotoCorp Ltd. INE158A01026 | 1.35% |
| 17 | Bharti Airtel Ltd. INE397D01024 | 1.32% |
| 18 | Reliance Industries Ltd. INE002A01018 | 1.30% |
| 19 | Titan Company Ltd. INE280A01028 | 1.29% |
| 20 | HDFC Bank Ltd. INE040A01034 | 1.25% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.