Markets / Mutual funds / Value
LIC Mutual Fund · Equity fund · Direct plan · IDCW
The Investment Objective of the Scheme is to generate long-term capital appreciation along with regular income by investing predominantly in equity and equity related instruments by following value investing strategy. There is no assurance that the investment objective of the Scheme will be realized.
Bars: this plan; the thin mark is the Value average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +2.2 | |||||||||||
| 2025 | -9.7 | -13.6 | +7.1 | +0.7 | +6.4 | +2.6 | +0.0 | -3.9 | +2.1 | +4.1 | +1.8 | -2.0 |
| 2026 | -2.5 | +6.1 | -10.6 | +13.6 | +3.3 | +4.6 | +3.4 | +0.9 | -0.8 | -5.4 | +5.6 |
Each month's change in NAV (the current month to the latest NAV).
Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.
| Share of fund | 31 Oct 2026 | 30 Sept 2026 | Change |
|---|---|---|---|
| Stocks held | 98.7% | 97.0% | +1.69 |
| Short positions | -1.0% | -6.7% | +5.75 |
| Cash & others | 1.3% | 3.0% | -1.67 |
| Top 10 stocks | 38.6% | 38.8% | -0.16 |
| Number of stocks | 55 | 50 | +5 |
Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.
| Holding | % of fund |
|---|---|
| INDO-MIM Ltd. INE084101034 | 5.92% |
| Schaeffler India Ltd. INE513A01022 | 4.52% |
| Nephrocare Health Services Ltd. INE428V01029 | 4.11% |
| Garware Hi-Tech Films Ltd. INE291A01017 | 3.84% |
| Kirloskar Brothers Ltd. INE732A01036 | 3.71% |
| Arvind Ltd. INE034A01011 | 3.67% |
| Hitachi Energy India Ltd. INE07Y701011 | 3.46% |
| Hyundai Motor India Ltd. INE0V6F01027 | 3.18% |
| Tata Motors Ltd. INE1TAE01010 | 3.11% |
| Tenneco Clean Air India Ltd. INE19RI01016 | 3.10% |
| Shriram Finance Ltd. INE721A01047 | 3.05% |
| SML Mahindra Ltd. INE294B01019 | 2.60% |
| Mahindra & Mahindra Financial Serv Ltd. INE774D01024 | 2.22% |
| Foseco India Ltd. INE519A01011 | 2.14% |
| Timken India Ltd. INE325A01013 | 2.07% |
| Sansera Engineering Ltd. INE953O01021 | 2.02% |
| Saregama India Ltd. INE979A01025 | 1.98% |
| Oracle Financial Services Software Ltd. INE881D01027 | 1.94% |
| Axis Bank Ltd. INE238A01034 | 1.79% |
| Gujarat Energy Ltd. INE844O01030 | 1.76% |
| InterGlobe Aviation Ltd. INE646L01027 | 1.76% |
| Ultratech Cement Ltd. INE481G01011 | 1.74% |
| State Bank of India INE062A01020 | 1.71% |
| ICICI Bank Ltd. INE090A01021 | 1.61% |
| NTPC Ltd. INE733E01010 | 1.58% |
| Delhivery Ltd. INE148O01028 | 1.57% |
| Schneider Electric Infrastructure Ltd. INE839M01018 | 1.44% |
| NSE India Ltd. INE721I01024 | 1.36% |
| Bharat Forge Ltd. INE465A01025 | 1.32% |
| KSH International Ltd. INE987S01020 | 1.31% |
| Torrent Pharmaceuticals Ltd. INE685A01028 | 1.30% |
| Gabriel India Ltd. INE524A01029 | 1.29% |
| BSE Ltd. INE118H01025 | 1.18% |
| LG Electronics India Ltd. INE324D01010 | 1.13% |
| SKF India (Industrial) Ltd. INE2J8701016 | 1.12% |
| Karur Vysya Bank Ltd. INE036D01028 | 1.10% |
| Bank of Baroda INE028A01039 | 1.09% |
| Multi Commodity Exchange Of India Ltd. INE745G01043 | 1.05% |
| Neuland Laboratories Ltd. INE794A01010 | 1.05% |
| Infosys Ltd. INE009A01021 | 1.03% |
| Mphasis Ltd. INE356A01018 | 1.03% |
| Onesource Specialty Pharma Ltd. INE013P01021 | 1.02% |
| Aditya Birla Capital Ltd. INE674K01013 | 1.00% |
| Gland Pharma Ltd. INE068V01023 | 0.99% |
| Piramal Pharma Ltd. INE0DK501011 | 0.97% |
| Eternal Ltd. INE758T01015 | 0.96% |
| City Union Bank Ltd. INE491A01021 | 0.96% |
| Ujjivan Small Finance Bank Ltd. INE551W01018 | 0.85% |
| Kotak Mahindra Bank Ltd. INE237A01036 | 0.85% |
| Kirloskar Ferrous Industries Ltd. INE884B01025 | 0.77% |
| Swiggy Ltd. INE00H001014 | 0.74% |
| Tech Mahindra Ltd. INE669C01036 | 0.70% |
| Bharat Bijlee Ltd. INE464A01036 | 0.46% |
| Triveni Power Transmission Ltd. INE2WKE01011 | 0.37% |
| GSPL Transmission Ltd. INE1TUG01013 | 0.08% |
| Holding | % of fund |
|---|---|
| Net Receivables / (Payables) | -0.95% |
| Holding | % of fund |
|---|---|
| Treps | 2.26% |
From the fund house's monthly portfolio (licmf.com), as on 31 Oct 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.
Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 Jul 2023).
| Fund size (average AUM, July - September 2026) | ₹283 cr across all plans · this plan ₹0.60 cr |
| Fund house | LIC Mutual Fund |
| Category | Equity · Value |
| Plan | Direct |
| Option | IDCW |
| Expense ratio (TER) | Direct 1.89% · Regular 3.33% (5 Nov 2026) |
| Exit load | Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 12 months from the date of allotment. 1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment. Nil, If units of scheme are redeemed or switched out after 12 months from the date of allotment. |
| Minimum investment | ₹5,000 · additional ₹500 |
| Scheme code (AMFI) | 152015 |
| ISIN | INF397L01KR1 |
| NAV date | 5 Nov 2026 |
Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.
| Plan | NAV | 1 year |
|---|---|---|
| Direct · Growth | ₹31.1221 | +17.47% |
| Regular · Growth | ₹28.4472 | +15.92% |
| Regular · IDCW | ₹28.4473 | +15.92% |
| Fund | 1 year | 3 years (a year) |
|---|---|---|
| Quant Value Fund | +10.59% | +20.29% |
| LIC MF Value Fund | +17.47% | +17.59% |
| DSP Value Fund | +6.24% | +17.58% |
| HDFC Value Fund | +4.59% | +16.74% |
| HSBC Value Fund | +1.64% | +15.85% |
| ICICI Prudential Value Fund (erstwhile Value Discovery Fund) | -2.00% | +13.71% |
| Nippon India Value Fund | -5.97% | +13.30% |
| UTI Value Fund | -3.53% | +13.11% |
Information only, not investment advice.
₹31.0888 as of 5 Nov 2026, from AMFI's official NAV data.
1 year: 17.43%, 3 years: 17.56% a year
Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.