LIC MF Multi Cap Fund
The fund maintains a balanced multi-cap stance with meaningful cash reserves, signalling measured caution in current markets. Its banking overweight reflects conviction in financial sector fundamentals, while selective exposure to electrical equipment and auto components suggests positioning for infrastructure-led growth. The recent portfolio pruning—exiting twelve holdings including IT names—indicates the manager is rotating away from software and selective power plays, prioritizing quality and domestically-driven businesses over broader market momentum.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹18.0343 | — | — | — | — |
| Regular Growth | ₹17.0306 | +1.92% | +3.13% | +18.47% | — |
| Direct IDCW | ₹18.0343 | — | — | — | — |
| Regular IDCW | ₹17.0306 | — | — | — | — |
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 |
|---|---|
| Tata Communications Ltd. | 1.21% |
| Navin Fluorine International Ltd. | 0.95% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Treps | 6.39% |
| 2 | HDFC Bank Ltd. INE040A01034 | 3.58% |
| 3 | ICICI Bank Ltd. INE090A01021 | 2.91% |
| 4 | Garware Hi-Tech Films Ltd. INE291A01017 | 2.62% |
| 5 | Axis Bank Ltd. INE238A01034 | 2.51% |
| 6 | Avalon Technologies Ltd. INE0LCL01028 | 1.98% |
| 7 | Bharat Forge Ltd. INE465A01025 | 1.80% |
| 8 | State Bank of India INE062A01020 | 1.76% |
| 9 | GE Vernova T&D India Limited INE200A01026 | 1.71% |
| 10 | Shakti Pumps (India) Ltd. INE908D01010 | 1.70% |
| 11 | Tata Consultancy Services Ltd. INE467B01029 | 1.67% |
| 12 | Multi Commodity Exchange Of India Ltd. INE745G01043 | 1.66% |
| 13 | Schneider Electric Infrastructure Ltd. INE839M01018 | 1.64% |
| 14 | Maruti Suzuki India Ltd. INE585B01010 | 1.63% |
| 15 | Infosys Ltd. INE009A01021 | 1.61% |
| 16 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 1.60% |
| 17 | Bharti Hexacom Ltd. INE343G01021 | 1.59% |
| 18 | Shriram Finance Ltd. INE721A01047 | 1.54% |
| 19 | Grasim Industries Ltd. INE047A01021 | 1.54% |
| 20 | Kotak Mahindra Bank Ltd. INE237A01036 | 1.54% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does LIC MF Multi Cap Fund hold?
LIC MF Multi Cap Fund holds 67 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 13.60% of NAV.
What is the largest holding in LIC MF Multi Cap Fund?
The largest position in LIC MF Multi Cap Fund is Treps, accounting for 6.39% of NAV.
Is LIC MF Multi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.174, LIC MF Multi Cap Fund is well-diversified. The HHI concentration index is 14,731 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 13.60% of the portfolio.
What is the market cap allocation of LIC MF Multi Cap Fund?
Based on SEBI's AMFI classification, LIC MF Multi Cap Fund's equity portfolio is split as: Large Cap: 36.97%, Mid Cap: 26.69%, Small Cap: 26.80%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does LIC MF Multi Cap Fund invest in most?
LIC MF Multi Cap Fund has the highest allocation to Banks (13.73%), Electrical Equipment (7.51%), Auto Components (5.80%). The fund is invested across 34 sectors in total.
How actively managed is LIC MF Multi Cap Fund compared to other Multi Cap Fund funds?
LIC MF Multi Cap Fund has an Active Share of 67.52%, classifying it as "Active Stock Picker" among 30 Multi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in LIC MF Multi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, LIC MF Multi Cap Fund added 2 new stocks (including Tata Communications Ltd.) and exited 12 stocks (including LTIMindtree Ltd.). Total holding count decreased from 79 to 69 stocks.