LIC MF Manufacturing Fund
LIC Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund is heavily tilted toward cyclical manufacturing—automobiles, auto components, and industrial products together exceed 40%—positioning for a revival in domestic demand and capex cycles. The manager significantly increased Sun Pharma and Tata Motors while trimming Treps, signaling conviction in large-cap manufacturing leaders over mid-sized plays. Recent exits suggest a shift away from niche industrial names toward concentration in established, capital-intensive businesses that benefit from structural growth in India's manufacturing sector.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹10.9710 | — | — | — | — | — | — |
| Regular Growth | ₹10.6915 | +6.54% | +5.20% | +5.41% | +14.79% | — | — |
| Direct IDCW | ₹10.9710 | — | — | — | — | — | — |
| Regular IDCW | ₹10.6915 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
48
Top 5 Weight
25.88%
Top 10 Weight
41.88%
Active Share
—
Large Cap
42.24%
Gini
0.364
What Changed2026-03-31 → 2026-04-30
Holdings: 61 → 50+0 added−11 removed41 weight shifts ≥ 0.1%
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 6.05% |
| 2 | Treps | 5.95% |
| 3 | Tata Motors Ltd. INE1TAE01010 | 5.67% |
| 4 | Mahindra & Mahindra Ltd. INE101A01026 | 5.50% |
| 5 | Maruti Suzuki India Ltd. INE585B01010 | 4.67% |
| 6 | Tata Motors Passenger Vehicles Ltd. INE155A01022 | 3.99% |
| 7 | Carraro India Ltd. INE0V7W01012 | 3.65% |
| 8 | Bharat Dynamics Ltd. INE171Z01026 | 3.44% |
| 9 | Garware Hi-Tech Films Ltd. INE291A01017 | 3.00% |
| 10 | Bharat Bijlee Ltd. INE464A01036 | 2.96% |
| 11 | Schaeffler India Ltd. INE513A01022 | 2.95% |
| 12 | Cummins India Ltd. INE298A01020 | 2.88% |
| 13 | KSH International Ltd. INE987S01020 | 2.83% |
| 14 | Siemens Energy India Ltd. INE1NPP01017 | 2.40% |
| 15 | Schneider Electric Infrastructure Ltd. INE839M01018 | 2.30% |
| 16 | LG Electronics India Ltd. INE324D01010 | 2.30% |
| 17 | Piramal Pharma Ltd. INE0DK501011 | 2.28% |
| 18 | Bharat Electronics Ltd. INE263A01024 | 2.01% |
| 19 | Kirloskar Ferrous Industries Ltd. INE884B01025 | 1.96% |
| 20 | Onesource Specialty Pharma Ltd. INE013P01021 | 1.89% |
Sector Allocation
Automobiles15.3%
Industrial Products14.0%
Pharmaceuticals & Biotechnology12.2%
Auto Components11.1%
Electrical Equipment10.6%
Aerospace & Defense6.9%
Agricultural, Commercial & Construction Vehicles5.7%
Consumer Durables5.2%
Ferrous Metals2.9%
Textiles & Apparels2.1%
Top 10 sectors by % to NAV. Excludes derivatives.