LIC MF Small Cap Fund
LIC Small Cap is positioning for industrial cyclicality and manufacturing resilience, with a pronounced tilt toward industrial products and auto-adjacent sectors that should benefit from infrastructure spending. The portfolio remains concentrated yet diversified across 62 holdings, with the manager actively pruning underperformers while adding defensive picks like Metropolis and City Union Bank, signaling a tactical shift toward stability within the small-cap space. The reduction in Treps alongside gains in Garware suggests conviction in specialty materials over financial services at present.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹35.0685 | — | — | — | — | — | — |
| Regular Growth | ₹30.9833 | +8.05% | +7.78% | +2.36% | +7.58% | — | — |
| Direct IDCW | ₹35.0613 | — | — | — | — | — | — |
| Regular IDCW | ₹30.9830 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Motherson Sumi Wiring India Ltd. | 1.93% |
| One 97 Communications Ltd. | 1.44% |
| City Union Bank Ltd. | 1.02% |
| Ratnamani Metals & Tubes Ltd. | 1.01% |
| Metropolis Healthcare Ltd. | 0.60% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Treps | 4.34% |
| 2 | Garware Hi-Tech Films Ltd. INE291A01017 | 3.62% |
| 3 | Navin Fluorine International Ltd. INE048G01026 | 3.03% |
| 4 | Manorama Industries Ltd. INE00VM01036 | 2.75% |
| 5 | Avalon Technologies Ltd. INE0LCL01028 | 2.74% |
| 6 | Allied Blenders And Distillers Ltd. INE552Z01027 | 2.63% |
| 7 | Schneider Electric Infrastructure Ltd. INE839M01018 | 2.52% |
| 8 | KSH International Ltd. INE987S01020 | 2.50% |
| 9 | Carraro India Ltd. INE0V7W01012 | 2.19% |
| 10 | Bharat Bijlee Ltd. INE464A01036 | 2.14% |
| 11 | Arvind Fashions Ltd. INE955V01021 | 2.07% |
| 12 | Kirloskar Oil Engines Ltd. INE146L01010 | 2.03% |
| 13 | Gillette India Ltd. INE322A01010 | 1.98% |
| 14 | KSB Ltd. INE999A01023 | 1.96% |
| 15 | Motherson Sumi Wiring India Ltd. INE0FS801015 | 1.93% |
| 16 | Transport Corporation Of India Ltd. INE688A01022 | 1.91% |
| 17 | Aditya Birla Sun Life AMC Ltd. INE404A01024 | 1.90% |
| 18 | Tata Power Company Ltd. INE245A01021 | 1.87% |
| 19 | Cholamandalam Financial Holdings Ltd. INE149A01033 | 1.85% |
| 20 | Pricol Ltd. INE726V01018 | 1.85% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.