LIC MF Focused Fund
The manager has executed a substantial portfolio overhaul, aggressively rotating into cyclical plays—particularly automobiles and auto components, which now command 28% combined weight. The sharp exit from defensives like HDFC Bank and TCS in favor of capital-goods and industrial names signals conviction in an earnings-driven recovery cycle. With over half the portfolio concentrated in just ten holdings and only 6.5% cash, the fund is fully committed to this cyclical thesis, though the concentration amplifies both upside potential and downside risk.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹22.0077 | — | — | — | — |
| Regular Growth | ₹19.8528 | -1.01% | -7.20% | — | — |
| Direct IDCW | ₹21.9822 | — | — | — | — |
| Regular IDCW | ₹19.8526 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| Infosys Ltd. | 6.19% |
| Schaeffler India Ltd. | 5.12% |
| ICICI Bank Ltd. | 4.88% |
| Maruti Suzuki India Ltd. | 4.82% |
| Mahindra & Mahindra Ltd. | 4.81% |
| Tata Motors Ltd. | 4.76% |
| Bajaj Auto Ltd. | 4.68% |
| Mahindra & Mahindra Financial Serv Ltd. | 4.51% |
| Mahindra Lifespace Developers Ltd. | 4.34% |
| Garware Hi-Tech Films Ltd. | 4.34% |
| KSH International Ltd. | 3.80% |
| Tata Power Company Ltd. | 3.62% |
| Sun Pharmaceutical Industries Ltd. | 3.46% |
| State Bank of India | 3.15% |
| JSW Infrastructure Ltd. | 2.99% |
| Axis Bank Ltd. | 2.95% |
| Divgi Torqtransfer Systems Ltd. | 2.86% |
| Larsen & Toubro Ltd. | 2.50% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Infosys Ltd. INE009A01021 | 6.19% |
| 2 | Treps | 5.68% |
| 3 | Schaeffler India Ltd. INE513A01022 | 5.12% |
| 4 | ICICI Bank Ltd. INE090A01021 | 4.88% |
| 5 | Maruti Suzuki India Ltd. INE585B01010 | 4.82% |
| 6 | Mahindra & Mahindra Ltd. INE101A01026 | 4.81% |
| 7 | Tata Motors Ltd. INE1TAE01010 | 4.76% |
| 8 | Bajaj Auto Ltd. INE917I01010 | 4.68% |
| 9 | Mahindra & Mahindra Financial Serv Ltd. INE774D01024 | 4.51% |
| 10 | Mahindra Lifespace Developers Ltd. INE813A01018 | 4.34% |
| 11 | Garware Hi-Tech Films Ltd. INE291A01017 | 4.34% |
| 12 | InterGlobe Aviation Ltd. INE646L01027 | 3.84% |
| 13 | KSH International Ltd. INE987S01020 | 3.80% |
| 14 | Tata Power Company Ltd. INE245A01021 | 3.62% |
| 15 | Tata Motors Passenger Vehicles Ltd. INE155A01022 | 3.62% |
| 16 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 3.46% |
| 17 | Metro Brands Ltd. INE317I01021 | 3.29% |
| 18 | State Bank of India INE062A01020 | 3.15% |
| 19 | JSW Infrastructure Ltd. INE880J01026 | 2.99% |
| 20 | Axis Bank Ltd. INE238A01034 | 2.95% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does LIC MF Focused Fund hold?
LIC MF Focused Fund holds 25 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 25.82% of NAV.
What is the largest holding in LIC MF Focused Fund?
The largest position in LIC MF Focused Fund is Infosys Ltd., accounting for 6.19% of NAV in the IT - Software sector.
Is LIC MF Focused Fund a concentrated or diversified fund?
With a Gini coefficient of 0.161, LIC MF Focused Fund is well-diversified. The HHI concentration index is 37,809 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 25.82% of the portfolio.
What is the market cap allocation of LIC MF Focused Fund?
Based on SEBI's AMFI classification, LIC MF Focused Fund's equity portfolio is split as: Large Cap: 55.87%, Mid Cap: 12.62%, Small Cap: 25.06%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does LIC MF Focused Fund invest in most?
LIC MF Focused Fund has the highest allocation to Automobiles (17.93%), Banks (10.98%), Auto Components (10.29%). The fund is invested across 16 sectors in total.
How actively managed is LIC MF Focused Fund compared to other Focused Fund funds?
LIC MF Focused Fund has an Active Share of 73.86%, classifying it as "Highly Differentiated" among 27 Focused Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in LIC MF Focused Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, LIC MF Focused Fund added 18 new stocks (including Infosys Ltd.) and exited 23 stocks (including HDFC Bank Ltd.). Total holding count decreased from 32 to 27 stocks.