LIC MF Large & Mid Cap Fund is an open ended equity mutual fund scheme. Previously, this fund was named LIC MF Midcap Fund. The inception date of LIC MF Large & Mid Cap Fund is February 25, 2015. The investment objective of LIC MF Large & Mid Cap Fund is to invest in a diversified portfolio of large and mid cap companies for generating long term capital.
LIC MF Large and Mid Cap Fund offers both dividend and growth option. Under dividend option, you can opt for dividend reinvestment or dividend pay out facility. In order to diversify the portfolio, LIC MF Large and Mid Cap Fund also invests in debt and money market instruments which are medium to low risk profile.
LIC MF Large and Mid Cap Fund Facts
- LIC MF Large and Mid Cap Fund under LIC Mutual Fund House invests 85.71% in equity stocks out of which 40.8% in large cap, 40.8% in mid cap and 6.11% in small cap stocks.
- LIC MF Large and Mid Cap Fund minimum sip amount is Rs. 1000 on a monthly basis.
- In order to yield high return by investing for a minimum 4 to 5 years of investment can easily invest in LIC MF Large and Mid Cap Mutual Fund Scheme.
- Along with equity stocks, LIC MF Large & Mid Cap Fund also invests around 20% in debt related securities to minimize the risk.
- LIC MF Large & Mid Cap Fund is suitable for those investors who have moderately high risk appetite for long term capital growth.
Top 5 Sectors of LIC MF Large & Mid Cap Fund
| S.No. | Name of Holding | Net Assets (%) |
| 1 | Miscellaneous | 14.29 |
| 2 | Bank – Private | 13.55 |
| 3 | Retailing | 8.72 |
| 4 | Finance – NBFC | 8.11 |
| 5 | IT – Software | 6.3 |
(as on 03/04/2019)
Top 10 Holdings of LIC MF Large & Mid Cap Fund
| S.No. | Name of Holding | Net Assets (%) |
| 1 | Treps | 14.64 |
| 2 | Bajaj Finance Ltd. | 5.78 |
| 3 | HDFC Bank Ltd. | 4.83 |
| 4 | City Union Bank Ltd. | 4.48 |
| 5 | ICICI Bank Ltd. | 4.24 |
| 6 | Housing Development Finance Corporation Ltd. | 4.12 |
| 7 | Tata Consultancy Services Ltd. | 3.36 |
| 8 | Bajaj Finserv Ltd. | 3.29 |
| 9 | Bata India Ltd. | 3.24 |
| 10 | Tata Chemicals Ltd. | 3.16 |
(as on 03/04/2019)
LIC MF Large & Mid Cap Fund Details
Launch Date- February 25, 2015
Fund Manager- Mr. Sachin Relekar
Risk- Moderately High
Benchmark- NIFTY Large Mid cap 250 Index
Return Since Launch- 9.94%
AUM- Rs. 408.92 crore (as on 28th Feb, 2019)
The below mentioned table depicts the performance of LIC MF Large and Mid Cap Fund-
| 1-Year | 3-Year | 5-Year | 10-Year | |
| Fund | 0.21 | 16.84 | – | – |
| S&P BSE 250 Large MidCap TRI | 9.77 | 16.22 | – | – |
| Category | 1.69 | 14.04 | – | – |
| Rank within Category | 15 | 4 | – | – |
| Number of funds in category | 22 | 20 | – | – |
| As on Apr 03, 2019 |
