Focused Fund

LIC MF Focused Fund

An open-ended equity scheme investing in maximum 30 stocks across market capitalization (i.e. Multi Cap).

Official details checked 06 September 2026 · latest available AMFI NAV dated 04 Sep 2026
Reference NAV₹24.6493LIC MF Focused Fund - Direct Plan - Growth · NAV date 04 Sep 2026
RiskometerVery HighCan change monthly
Expense ratioRegular 2.46%, Direct 1.28%Official stated figure; verify current TER
Allotment / launch17th November, 2017LIC Mutual Fund
Full official AMFI Scheme Summary Document available below.

Saved AMFI NAV is visible. Checking for the latest available AMFI report after page load · saved snapshot 04 Sep 2026.

Plain-language summary

Primarily market-linked growth exposure

The investment objective of the Scheme is to generate long term capital appreciation by investing in a concentrated portfolio of equity and equity related instruments of up to 30 companies across market capitalisation. The Scheme may also invest in debt and money market Securities in line with the asset allocation pattern. There is no assurance or guarantee that the objective of the Scheme would be achieved.

Who may study it further

Investors with a long horizon who can tolerate meaningful falls in value.

Main risks to understand

Share-price volatility, valuation risk, concentration and tracking risk where applicable.

Not an income promise: The objective describes what the manager aims to do. It is not a guaranteed result, return or capital-protection statement.
Portfolio design

How the money may be invested

Under normal circumstances, the asset allocation of the Scheme would be as follows: Equity and Equity related instruments ( which are not exceeding 30 companies) # - 80% to 100% of the total assets, Money market instruments, other liquid instruments, INVITs and mutual fund units including Gold/ Silver ETFs - 0% to 20% of the total assets #The Scheme shall invest minimum 80% of its total assets in equity and equity related instruments of companies across market capitalisation.

SEBI category
Focused Fund
Fund type
An open-ended equity scheme investing in maximum 30 stocks across market capitalization (i.e. Multi Cap).
Primary benchmark
NIFTY 500 - TRI
Top holdings

Use the latest monthly portfolio

Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.

Live verificationLIC MF Focused FundConfirm the reporting month, security name, sector and percentage of net assets.
Fund management

Manager and scheme tenure

Fund manager(s)
Mr. Mahesh Bendre
Manager tenure on this scheme
Since Managing since7th April 2026
Role / co-management
Fund Manager

The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.

Plans and options

Latest NAV records

NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.

Plan / option reported by AMFINAVDate
LIC MF Focused Fund - Direct Plan - Growth₹24.649304 Sep 2026
LIC MF Focused Fund - Direct Plan - IDCW₹24.618804 Sep 2026
LIC MF Focused Fund - Regular Plan - Growth₹22.155204 Sep 2026
LIC MF Focused Fund - Regular Plan - IDCW₹22.155004 Sep 2026
Costs and access

What you pay and how money moves

Stated expense ratio
Regular 2.46%, Direct 1.28%
Exit load
Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 12 months from the date of allotment. 1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment. Nil, If units of scheme are redeemed or switched out after 12 months from the date of allotment.
Minimum application
5000 · multiples of 1
SIP frequency
SIP Details -Daily,Weekly, Monthly, Quarterly | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly | STP Details - Daily, Weekly, Monthly, Quarterly
Minimum SIP amount
SIP Details - 100, 150,200, 1000 | SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500
Minimum instalments
"SIP Details - 60,40,30,6 | SWP Details - 6,4,4,4 | STP : 60,12,12,12 "
Expense ratios change. Direct and regular plans normally have different expense ratios. Read the latest TER disclosure before investing.
Premium-free process

How a mutual-fund investment is paid

  1. Complete KYCIdentity, PAN, bank and contact verification are required.
  2. Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
  3. Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
  4. Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
  5. Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Original documents

Download and verify at source

The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.

Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.

Need a human explanation?

Talk through the fund, costs and risks before deciding.

Educational support only — no promise of returns.

Call expert+91 9426587283 Chat with expertWhatsApp