LIC MF Equity Savings Fund-Regular Plan-Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Over 16 years of operational history across different market cycles.
- Expense ratio (2.8%) is higher than category median (2.19%), which creates fee drag over time.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +2.29% | +2.96% | -0.67% |
| 3 Months | +0.12% | +1.17% | -1.05% |
| 6 Months | +2.14% | +3.88% | -1.74% |
| 1 Year | +2.02% | +4.14% | -2.12% |
| 3 Years CAGR | +7.83% | +8.21% | -0.38% |
| Since Inception | +7.47% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in LIC MF Equity Savings Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +2.27% | +3.40% | -1.13% |
| 2025 | +7.29% | +6.70% | +0.59% |
| 2024 | +8.94% | +11.07% | -2.13% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -2.03% | +7.06% | +7.06% | +16.16% | 97.5% | - |
| 3-Year Rolling | +6.91% | +7.65% | +7.53% | +8.59% | 100.0% | - |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and equity related instruments out of which | 65%-90%, Cash future arbitrage opportunities*$:-25%-75%, Net Long Equity exposure*- 15%-40%, Debt & Money market Instruments- 10%-35%, units issued by Infrastructure Investment Trusts (InvITs), Exchange Traded Commodity Derivatives (ETCDs) and mutual fund units including Gold ETFs, Silver ETFs- 0%-25%. The Scheme can take exposure to a stock for either or both arbitrage as well as unhedged exposure. Please refer the Scheme Information Document for complete details. |
Investment Objective & Strategy
The investment objective of the Scheme is to generate regular income by investing in Debt and money market instruments and using arbitrage and other derivative strategies. The Scheme also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. There is no assurance that the investment objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 38.8 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as too small relative to Equity Savings schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Equity Savings Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| SBI Equity Savings Fund | 4.0 | +7.60% | 2.00% | - | Rs 5,386 cr | Compare → |
| Invesco India Equity Savings Fund | 2.9 | +7.45% | 2.96% | - | Rs 266 cr | Compare → |
| UTI Equity Savings Fund | 5.5 | +7.91% | 2.06% | - | Rs 821 cr | Compare → |
| Union Equity Savings Fund | 2.7 | +6.93% | 2.58% | - | Rs 116 cr | Compare → |
| Mahindra Manulife Equity Savings Fund | 2.8 | +8.21% | 2.82% | - | Rs 530 cr | Compare → |
Frequently Asked Questions about LIC MF Equity Savings Fund
What is the expense ratio of LIC MF Equity Savings Fund?
LIC MF Equity Savings Fund has a total expense ratio (TER) of 2.8% with a base expense ratio of 1.99%, compared to the Equity Savings category median of 2.19%.
Who manages LIC MF Equity Savings Fund?
LIC MF Equity Savings Fund is managed by Siddharth Panjwani (tenure: 0.4 years since 2026-07-01).
What are the historical returns of LIC MF Equity Savings Fund?
LIC MF Equity Savings Fund delivered a 3-year CAGR of 7.83%. Its 1-year return stands at +2.02%.
How large is LIC MF Equity Savings Fund?
LIC MF Equity Savings Fund manages assets of Rs 38.8 cr, placing it in the 'too small' size band relative to Equity Savings peers.
How is LIC MF Equity Savings Fund scored on MFIQ?
LIC MF Equity Savings Fund holds an MFIQ Score of 3.9/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is LIC MF Equity Savings Fund?
LIC MF Equity Savings Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 6.95% with a maximum historical drawdown of -7.67%.