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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹12.3484 | — | — | — | — |
| Regular Growth | ₹12.1105 | +1.76% | +10.63% | — | — |
| Direct IDCW | ₹12.3484 | — | — | — | — |
| Regular IDCW | ₹12.1105 | — | — | — | — |
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 |
|---|---|
| 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.
Frequently Asked Questions
How many stocks does LIC MF Multi Asset Allocation Fund hold?
LIC MF Multi Asset Allocation Fund holds 63 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 27.43% of NAV.
What is the largest holding in LIC MF Multi Asset Allocation Fund?
The largest position in LIC MF Multi Asset Allocation Fund is LIC Mutual Fund, accounting for 15.56% of NAV.
Is LIC MF Multi Asset Allocation Fund a concentrated or diversified fund?
With a Gini coefficient of 0.361, LIC MF Multi Asset Allocation Fund is well-diversified. The HHI concentration index is 36,999 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 27.43% of the portfolio.
What is the market cap allocation of LIC MF Multi Asset Allocation Fund?
Based on SEBI's AMFI classification, LIC MF Multi Asset Allocation Fund's equity portfolio is split as: Large Cap: 41.17%, Mid Cap: 12.92%, Small Cap: 10.41%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does LIC MF Multi Asset Allocation Fund invest in most?
LIC MF Multi Asset Allocation Fund has the highest allocation to Banks (10.59%), SOVEREIGN (5.88%), Automobiles (5.27%). The fund is invested across 31 sectors in total.
How actively managed is LIC MF Multi Asset Allocation Fund compared to other Multi Asset Allocation funds?
LIC MF Multi Asset Allocation Fund has an Active Share of 69.36%, classifying it as "Active Stock Picker" among 32 Multi Asset Allocation peers. This indicates a moderate level of differentiation from category peers.
What changed in LIC MF Multi Asset Allocation Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, LIC MF Multi Asset Allocation Fund added 3 new stocks (including Colgate Palmolive (India) Ltd.) and exited 13 stocks (including VARUN BEVERAGES LIMITED). Total holding count decreased from 75 to 65 stocks.