LIC MF Multi Asset Allocation Fund
The fund remains defensively positioned with heavy banking exposure and a substantial 18.4% in mutual funds, signaling comfort with delegated equity selection rather than direct stock conviction. The manager trimmed higher-volatility names like beverage and specialty chemical plays while adding stability through consumer staples and cement, alongside a protective put option—suggesting caution about near-term market direction despite maintaining 66% equities. This measured approach reflects a manager balancing growth aspirations with downside protection in an uncertain environment.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹12.2538 | — | — | — | — | — | — |
| Regular Growth | ₹12.0182 | +3.24% | -1.54% | -0.15% | +10.93% | — | — |
| Direct IDCW | ₹12.2538 | — | — | — | — | — | — |
| Regular IDCW | ₹12.0182 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Colgate Palmolive (India) Ltd. | 1.01% |
| Shree Cement Ltd. | 0.98% |
| PUT NIFTY 26-May-2026 23500 | 0.16% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | LIC Mutual Fund INF767K01SM1 | 15.56% |
| 2 | Treps | 3.44% |
| 3 | HDFC Bank Ltd. INE040A01034 | 3.23% |
| 4 | ICICI Bank Ltd. INE090A01021 | 3.21% |
| 5 | Aditya Birla Sun Life Mutual Fund INF209KB19F6 | 2.80% |
| 6 | Larsen & Toubro Ltd. INE018A01030 | 2.63% |
| 7 | Bharti Airtel Ltd. INE397D01024 | 2.63% |
| 8 | Axis Bank Ltd. ** # INE238AD6BJ6 | 2.58% |
| 9 | Tata Motors Passenger Vehicles Ltd. INE155A01022 | 2.10% |
| 10 | Mahindra & Mahindra Ltd. INE101A01026 | 2.02% |
| 11 | InterGlobe Aviation Ltd. INE646L01027 | 1.99% |
| 12 | Godfrey Phillips India Ltd. INE260B01028 | 1.99% |
| 13 | Apollo Hospitals Enterprise Ltd. INE437A01024 | 1.91% |
| 14 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 1.80% |
| 15 | Axis Bank Ltd. INE238A01034 | 1.62% |
| 16 | 7.1% Government of India IN0020240019 | 1.61% |
| 17 | ITC Ltd. INE154A01025 | 1.54% |
| 18 | Net Receivables / (Payables) | 1.52% |
| 19 | Radico Khaitan Ltd. INE944F01028 | 1.43% |
| 20 | Ultratech Cement Ltd. INE481G01011 | 1.37% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.