LIC MF Small Cap Fund
NAV
₹39.81
as of 6 Oct 2026
LIC MF Small Cap Fund is an open-ended Small Cap Fund scheme from LIC Mutual Fund managing ₹832 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹39.81 as of 6 Oct 2026. The expense ratio is 1.32% a year. Managed by Mahesh Bendre. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.32% / yr
- as of 31 Aug 2026
- Fund size
- ₹832 crore
- as of 31 Aug 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 5 Oct 2026Benchmark: NIFTY Smallcap 250 Index
LIC MF Small Cap Fund
₹214
+114% on ₹100 over 5.0 yrs
Small Cap Fund average
₹204
+104% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 3.84% | 0.77% | +3.07 |
| 6 months | 23.98% | 23.97% | +0.01 |
| 1 year | 14.34% | 11.06% | +3.28 |
| 3 years (CAGR) | 17.33% | 14.61% | +2.72 |
| 5 years (CAGR) | 16.69% | 15.48% | +1.21 |
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
- 19.2%
- Best
- 28.6%
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)
- 0.65
- Sharpe ratio (5Y)
- 0.72
- Sortino ratio (3Y)
- 1.02 vs category 0.90
- Standard deviation (3Y)
- 21.77%
- Beta (3Y)
- 0.95
- Alpha (3Y)
- 3.47%
- 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
-4.1% below peak
Ahead of its benchmark in 58% of months (window: 3y, monthly) – benchmark: NIFTY Smallcap 250 Index, name shown only.
Where the money actually is
Equity
94.9%
Cash
5.1%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
58 positions · top 10 = 29.4%
Market-cap mix
Large 1.5%Mid 5.6%Small 86.0%Other 6.8%
as of 31 Aug 2026
Holdings by sector
- Industrials21.9%
Consumer Cyclical(2 in top 10)21.0%
- Ather Energy Ltd2.37%
- Pricol Ltd2.29%
Basic Materials(2 in top 10)11.8%
- Garware Hi-Tech Films Ltd4.86%
- Navin Fluorine International Ltd3.06%
- Financial Services11.7%
Consumer Defensive(2 in top 10)8.5%
- Manorama Industries Ltd3.24%
- Allied Blenders and Distillers Ltd2.52%
Technology(2 in top 10)8.2%
- Avalon Technologies Ltd4.14%
- Oracle Financial Services Software Ltd2.24%
- Healthcare7.4%
Real Estate(1 in top 10)2.5%
- Brigade Enterprises Ltd2.46%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 73.0% vs category 42.0% a year.
Other top holdings
- Treps5.31%
The businesses it owns
- P/E (trailing)
- 29.2 vs category 29.1
- P/B
- 4.7 vs category 4.3
- Dividend yield
- 0.6% vs category 0.7%
- Net margin
- 13.7% vs category 14.3%
- Earnings growth
- 12.8%
- Avg market cap
- ₹17,203 crore
Money in, money out
- Net flow, 12 months
- +₹89 cr
- Net flow, 3 months
- +₹51 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of LIC MF Small Cap Fund?
- ₹39.81 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of LIC MF Small Cap Fund?
- 1.32% a year for the Direct plan, as of 31 Aug 2026.
- How large is LIC MF Small Cap Fund?
- ₹832 crore under management as of 31 Aug 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?
- 16.69% a year over the last 5 years (Direct plan, CAGR), against a Small Cap Fund average of 15.48%. 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 19.2% 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.