LIC MF Small Cap Fund
NAV
₹39.91
as of 21 Aug 2026
LIC MF Small Cap Fund is an open-ended Small Cap Fund scheme from LIC Mutual Fund managing ₹758 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹39.91 as of 21 Aug 2026. The expense ratio is 1.44% a year. Managed by Mahesh Bendre. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.44% / yr
- as of 30 Jun 2026
- Fund size
- ₹758 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 21 Jun 2017
- ISIN
- INF397L01JS1
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY Smallcap 250 Index
LIC MF Small Cap Fund
₹252
+152% on ₹100 over 5.0 yrs
Small Cap Fund average
₹239
+139% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 12.36% | 11.68% | +0.68 |
| 6 months | 23.03% | 16.82% | +6.21 |
| 1 year | 19.21% | 12.86% | +6.35 |
| 3 years (CAGR) | 20.52% | 18.25% | +2.27 |
| 5 years (CAGR) | 20.09% | 18.90% | +1.19 |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -13.0%
- Median
- 13.8%
- Best
- 58.1%
49 windows over the last 60 months, stepped monthly; 76% ended positive. Worst window began 1 Jan 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 15.7%
- Median
- 19.5%
- Best
- 29.9%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Mar 2022. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.59
- Sharpe ratio (5Y)
- 0.69
- Sortino ratio (3Y)
- 0.92 vs category 0.88
- Standard deviation (3Y)
- 21.56%
- Beta (3Y)
- 0.94
- Alpha (3Y)
- 1.48%
- Deepest fall (5Y)
- -24.73%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-24.7%
Right now
At a peak
Ahead of its benchmark in 56% of months (window: 3y, monthly) — benchmark: NIFTY Smallcap 250 Index, name shown only.
Where the money actually is
Equity
96.3%
Cash
3.7%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
59 positions · top 10 = 28.9%
Market-cap mix
Large 1.8%Mid 5.1%Small 88.1%Other 5.0%
as of 31 Jul 2026
Holdings by sector
Industrials(2 in top 10)23.1%
- Kirloskar Oil Engines Ltd2.28%
- KSH International Ltd2.19%
Consumer Cyclical(1 in top 10)20.4%
- Arvind Fashions Ltd2.22%
Basic Materials(2 in top 10)13.5%
- Garware Hi-Tech Films Ltd5.35%
- Navin Fluorine International Ltd2.92%
- Financial Services12.0%
Consumer Defensive(2 in top 10)9.4%
- Manorama Industries Ltd3.02%
- Allied Blenders and Distillers Ltd2.77%
Technology(2 in top 10)7.5%
- Avalon Technologies Ltd3.82%
- Oracle Financial Services Software Ltd2.19%
- Healthcare6.0%
- Real Estate2.0%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 87.3% vs category 39.7% a year.
Other top holdings
- Treps3.37%
The businesses it owns
- P/E (trailing)
- 27.4 vs category 28.2
- P/B
- 4.4 vs category 4.0
- Dividend yield
- 0.8% vs category 0.7%
- Net margin
- 13.3% vs category 14.1%
- Earnings growth
- 9.7%
- Avg market cap
- ₹15,204 crore
Money in, money out
- Net flow, 12 months
- +₹76 cr
- Net flow, 3 months
- +₹38 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of LIC MF Small Cap Fund?
- ₹39.91 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of LIC MF Small Cap Fund?
- 1.44% a year for the Direct plan, as of 30 Jun 2026.
- How large is LIC MF Small Cap Fund?
- ₹758 crore under management as of 31 Jul 2026, in the Small Cap Fund category.
- How risky is LIC MF Small Cap Fund?
- Its SEBI Riskometer reading is "Very High Risk". The deep end. Ten-year money and a strong stomach only.
- What are the 5-year returns of LIC MF Small Cap Fund?
- 20.09% a year over the last 5 years (Direct plan, CAGR), against a Small Cap Fund average of 18.90%. Past returns do not predict future returns.
- What is the worst 3-year return of LIC MF Small Cap Fund?
- 15.7% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Mar 2022. The median was 19.5% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages LIC MF Small Cap Fund?
- Mahesh Bendre, managing this fund for 2 years.
Where this fund sits
Its shelf, all funds
Sc · Small cap →
The deep end. Ten-year money and a strong stomach only.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Small Cap Fund funds
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY Smallcap 250 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.