LIC MF Small Cap Fund-Regular Plan-Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 97% of historical 3-year rolling periods.
- Generated +3.7% annualized alpha (excess return) over its benchmark.
- Expense ratio (2.63%) is higher than category median (2.17%), which creates fee drag over time.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +1.64% | +1.11% | +0.53% |
| 3 Months | +0.31% | -1.13% | +1.44% |
| 6 Months | +8.43% | +7.86% | +0.57% |
| 1 Year | +15.92% | +11.28% | +4.64% |
| 3 Years CAGR | +16.17% | +13.50% | +2.67% |
| Since Inception | +16.58% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in LIC MF Small Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +18.08% | +13.95% | +4.13% |
| 2025 | -13.39% | -3.98% | -9.41% |
| 2024 | +40.01% | +25.60% | +14.41% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -17.83% | +12.01% | +6.87% | +58.28% | 69.2% | 58.6% |
| 3-Year Rolling | +14.11% | +16.89% | +17.08% | +19.16% | 100.0% | 97.1% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-12-11 | 2025-03-03 | -27.2% | 3 months | 17 months |
| 2024-02-23 | 2024-03-13 | -11.7% | 1 months | 1 months |
| 2026-09-08 | 2026-10-23 | -11.6% | 1 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Instrument: - Equity & Equity related instruments of Small Cap Companies Indicative allocation (% to total Assets): Minimum: 65%Maximum: 100%; Instrument: -Equity and equity related instruments other than Smallcap companies, Money market instruments, other liquid instruments, INVITs and mutual fund units including Gold/ Silver ETFs: Minimum: 0%Maximum: 35%. Please refer the Scheme Information Document for complete details. | Per Scheme Mandate |
Investment Objective & Strategy
The Investment objective of the scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small Cap Companies. There can be no assurance that the investment objective under the Scheme will be realized.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 863 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as too small relative to Small Cap 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 Small Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| BANK OF INDIA Small Cap Fund | 5.7 | +17.53% | 2.24% | 85.3% | Rs 3,971 cr | Compare → |
| quant Small Cap Fund | 6.5 | +15.64% | 1.65% | 80.1% | Rs 35,431 cr | Compare → |
| Mahindra Manulife Small Cap Fund | 6.7 | +17.30% | 2.17% | 84.8% | Rs 5,534 cr | Compare → |
| DSP Small Cap Fund | 5.1 | +15.10% | 1.70% | 87.5% | Rs 21,210 cr | Compare → |
| ITI Small Cap Fund | 6.5 | +19.94% | 2.20% | 68.7% | Rs 3,788 cr | Compare → |
Frequently Asked Questions about LIC MF Small Cap Fund
What is the expense ratio of LIC MF Small Cap Fund?
LIC MF Small Cap Fund has a total expense ratio (TER) of 2.63% with a base expense ratio of 1.98%, compared to the Small Cap category median of 2.17%.
Who manages LIC MF Small Cap Fund?
LIC MF Small Cap Fund is managed by Sudhanshu Asthana (tenure: 0.2 years since 2026-09-01).
What are the historical returns of LIC MF Small Cap Fund?
LIC MF Small Cap Fund delivered a 3-year CAGR of 16.17%. Its 1-year return stands at +15.92%.
How large is LIC MF Small Cap Fund?
LIC MF Small Cap Fund manages assets of Rs 863 cr, placing it in the 'too small' size band relative to Small Cap peers.
How is LIC MF Small Cap Fund scored on MFIQ?
LIC MF Small Cap Fund holds an MFIQ Score of 4.9/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is LIC MF Small Cap Fund?
LIC MF Small Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 19.49% with a maximum historical drawdown of -27.21%.