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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹32.0335 | — | — | — | — |
| Regular Growth | ₹28.1346 | +1.35% | +2.63% | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
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.
Frequently Asked Questions
How many stocks does LIC MF Equity Savings Fund hold?
LIC MF Equity Savings Fund holds 59 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 20.72% of NAV.
What is the largest holding in LIC MF Equity Savings Fund?
The largest position in LIC MF Equity Savings Fund is Treps, accounting for 20.25% of NAV.
Is LIC MF Equity Savings Fund a concentrated or diversified fund?
With a Gini coefficient of 0.294, LIC MF Equity Savings Fund is well-diversified. The HHI concentration index is 20,975 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 20.72% of the portfolio.
What is the market cap allocation of LIC MF Equity Savings Fund?
Based on SEBI's AMFI classification, LIC MF Equity Savings Fund's equity portfolio is split as: Large Cap: 46.15%, Mid Cap: 13.39%, Small Cap: 5.63%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does LIC MF Equity Savings Fund invest in most?
LIC MF Equity Savings Fund has the highest allocation to Banks (8.46%), Automobiles (7.40%), Non - Ferrous Metals (4.36%). The fund is invested across 30 sectors in total.
How actively managed is LIC MF Equity Savings Fund compared to other Equity Savings funds?
LIC MF Equity Savings Fund has an Active Share of 63.89%, classifying it as "Active Stock Picker" among 23 Equity Savings peers. This indicates a moderate level of differentiation from category peers.
What changed in LIC MF Equity Savings Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, LIC MF Equity Savings Fund added 8 new stocks (including Bajaj Auto Ltd.) and exited 17 stocks (including REC Ltd.). Total holding count decreased from 70 to 61 stocks.