LIC MF Large & Mid Cap Fund
LIC Mutual Fund · Large & Mid Cap · Regular plan, growth option
NAV (₹), 1 Oct 2026
36.6794
1-day change
-0.86%
1Y return
-4.2%
3Y CAGR
10.4%
5Y CAGR
8.8%
Max drawdown, 5Y
−19.2%
NAV history month-end NAV, ₹ · 26 Feb 2015 to 1 Oct 2026
Returns vs Large & Mid Cap median (36 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -7.5% | -6.3% |
| 3 months | -5.5% | -4.1% |
| 6 months | 5.8% | 7.6% |
| Year to date | -6.0% | -4.1% |
| 1 year | -4.2% | -0.8% |
| 3 years (CAGR) | 10.4% | 10.6% |
| 5 years (CAGR) | 8.8% | 10.1% |
| 7 years (CAGR) | 13.4% | 15.8% |
| 10 years (CAGR) | 12.2% | 13.1% |
| Since first NAV (CAGR) | 11.8% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 10.8% | 10.8% |
| 3Y rolling median | 15.4% | 15.5% |
| 3Y rolling worst | -3.3% | -6.5% |
| 3Y periods positive | 97% | 96% |
| 3Y periods ahead of benchmark | 12% | 25% |
| 5Y rolling median | 15.0% | 14.8% |
| 5Y rolling worst | 2.7% | -0.4% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: Nifty LargeMidcap 250 (proxy: Edelweiss NIFTY Large Midcap 250 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 17.4% | 16.1% |
| Sharpe ratio | 0.28 | 0.34 |
| Sortino ratio | 0.41 | 0.50 |
| Beta | 1.03 | 0.97 |
| Alpha (ann.) | 0.0% | 0.9% |
| Upside capture | 106.38 | 99.72 |
| Downside capture | 105.93 | 100.44 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −34.0% | −37.2% |
| Maximum drawdown, last 10Y | −34.0% | −37.8% |
| Maximum drawdown, last 5Y | −19.2% | −20.0% |
| Current drawdown | −10.0% | −8.0% |
| Recovery time of worst fall | 240 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.67% a year and the Direct plan's 1.45%, a gap of 1.22%; over the last 3 years the Direct plan returned 1.45 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹26,00,489.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 2.78% to 2.67% (AMFI TER disclosure)
- 28 Sep 2026: TER increased from 2.77% to 2.78% (AMFI TER disclosure)
- 2 Sep 2026: TER increased from 2.76% to 2.77% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
Objective: To generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of large cap and midcap companies. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Equity & Equity related instruments of large cap companies, Mid Cap Companies : 70-100%, Equity and equity related instruments other than Large and Mid Cap Companies#, Money market instruments, other liquid instruments, INVITs and mutual fund units including Gold/ Silver ETFs : 0-30%
Benchmark (tier 1): Nifty LargeMidcap 250 TRI
Exit load: 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 3 months from the date of allotment of units., 1% on remaining units if redeemed or switched out on or before completion of 3 months from the date of allotment of units. , Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.
Minimum application: ₹5,000
Allotment date: 25 Feb 2015
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.67% | 2.30% |
| AUM, whole scheme (₹ crore) | 2,949 | 4,000 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -2.3% | -0.4% TRI |
| Return, 3 years (AMFI) | 10.7% | 10.8% TRI |
| Return, 5 years (AMFI) | 8.9% | 11.0% TRI |
| Month-ends above category median (3Y CAGR) | 47% | 51% median |
| Month-ends in category top quartile (3Y) | 20% | 19% median |
| 7Y rolling CAGR, median (monthly windows) | 14.3% | 14.3% median |
Official benchmark: Nifty LargeMidcap 250 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Large & Mid Cap Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty LargeMidcap 250 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -6.0% | -7.0% | +1.0% |
| 2025 | 0.2% | 7.9% | −7.7% |
| 2024 | 27.9% | 18.3% | +9.6% |
| 2023 | 26.7% | 32.0% | −5.3% |
| 2022 | -2.3% | 4.0% | −6.3% |
| 2021 | 33.3% | n/a | – |
| 2020 | 14.1% | n/a | – |
| 2019 | 10.9% | n/a | – |
| 2018 | -5.0% | n/a | – |
| 2017 | 40.1% | n/a | – |
Benchmark proxy: Edelweiss NIFTY Large Midcap 250 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,15,619 | -6.7% |
| 3 years | ₹3,60,000 | ₹3,68,742 | 1.6% |
| 5 years | ₹6,00,000 | ₹7,32,153 | 7.9% |
| 10 years | ₹12,00,000 | ₹22,23,901 | 11.9% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: LIC Mutual Fund
Category: Large & Mid Cap
Plan / option: Regular · Growth
AMFI scheme code: 133711
ISIN: INF767K01NB5
First NAV in MFIC data: 26 Feb 2015
History: 11.6 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| LIC MF Multi Cap Fund | Multi Cap | 0.98 | 15.0% |
| HSBC ELSS Tax saver Fund | ELSS | 0.98 | 13.9% |
| Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Growth Fund) | Multi Cap | 0.97 | 10.0% |
| Canara Robeco Multi Cap Fund | Multi Cap | 0.97 | 11.3% |
| LIC MF Mid Cap Fund | Mid Cap | 0.97 | 13.4% |
| Franklin India Mid Cap Fund | Mid Cap | 0.97 | 12.8% |
Questions about LIC MF Large & Mid Cap Fund
- What is the latest NAV of LIC MF Large & Mid Cap Fund?
- The NAV of the Regular plan (growth option) was ₹36.6794 on 1 Oct 2026, as published by AMFI.
- Which category is LIC MF Large & Mid Cap Fund in?
- It is classified as Large & Mid Cap in AMFI's daily NAV file; a Large & Mid Cap scheme invests at least 35% each in large-cap and mid-cap stocks. MFIC compares it with 36 Large & Mid Cap schemes (Regular plans).
- What returns has LIC MF Large & Mid Cap Fund delivered?
- Over one year the NAV changed by -4.2%. The 3-year CAGR is 10.4% (category median 10.6%) and the 5-year CAGR is 8.8% (category median 10.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 15.4%, the lowest was -3.3%, and 97% of 3-year periods ended with a gain. It was ahead of Nifty LargeMidcap 250 (index-fund proxy) in 12% of those periods.
- What was the largest fall in LIC MF Large & Mid Cap Fund's NAV?
- The largest peak-to-trough fall in its available history was 34.0%; within the last five years it was 19.2% (category median 20.0%).
- How volatile is LIC MF Large & Mid Cap Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 17.4%, which is above the Large & Mid Cap category median of 16.1%.
- What would a monthly SIP in LIC MF Large & Mid Cap Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,32,153 on 1 Oct 2026, an annualised return (XIRR) of 7.9%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of LIC MF Large & Mid Cap Fund?
- The total expense ratio of the Regular plan is 2.67% a year, as disclosed to AMFI (median of Large & Mid Cap Regular plans: 2.30%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is LIC MF Large & Mid Cap Fund?
- Assets under management of the whole scheme were ₹2,949 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of LIC MF Large & Mid Cap Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of LIC MF Large & Mid Cap Fund and how has it compared?
- Its official benchmark is the Nifty LargeMidcap 250 TRI. Over 3 years AMFI reports a return of 10.7% for this plan against 10.8% for the benchmark total return index; over 5 years 8.9% against 11.0%. Past performance does not indicate future results.
- How often has LIC MF Large & Mid Cap Fund beaten its category?
- At 47% of the 104 month-ends compared over the last 10 years, its 3-year return was above the median of Large & Mid Cap schemes (Regular plans); it was in the top quarter at 20% of them. A typical scheme would show about 50%.
- What is the exit load of LIC MF Large & Mid Cap Fund?
- As stated in its scheme documents: 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 3 months from the date of allotment of units., 1% on remaining units if redeemed or switched out on or before completion of 3 months from the date of allotment of units. , Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in LIC MF Large & Mid Cap Fund?
- The minimum application amount is ₹5,000. SIP details: SIP Details - 100,150,200, 1000 | SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -3.0% and the Regular plan's by -4.2%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.