MonitorDirect · GrowthWatch before adding
LIC MF Flexi Cap Fund
LIC Mutual FundEquity Scheme - Flexi Cap Fund13.8 years
The scheme seeks maximum possible capital growth consistent with reasonable levels of safety with predominant investment in equity, it may also take exposure in debt market securities. It was made in to an open-ended scheme from April 1998.
- NAV
- 109.0698
- 30 Oct 2026
- 1Y
- -4.7%
- Trailing CAGR
- Upside capture
- +90%
- Vs NIFTY 500 TRI
- Downside capture
- +95%
- Lower is better
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Prefer peers if · Prefer Bajaj Finserv Flexi Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Watch
1.81% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -34.2%. Ask whether you can hold through a similar fall.
Vs category
Fail
7% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Nikhil Kapoor · 0.3 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 34.6% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 34%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-4.7%
- 3Y+10.1%
- 5Y+8.7%
- 10Y+10.2%
- SI+10.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-1.4%
- 3Y+3.5%
- 5Y+8.7%
- 10Y+10.7%
- Since inception
- +10.5%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- +7%
- Windows beating the median
- 3Y percentile
- 26
- Vs comparable share classes
- SIP 3Y XIRR
- +3.5%
- Simulated monthly SIP
- Worst rolling 3Y
- -5.0%
- 2654 daily-ending windows
- Median rolling 3Y
- +12.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +99%
- 2161 daily-ending windows
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 30 Oct 2026.
- 1Y excess
- +2.6%
- Fund minus TRI
- 3Y excess
- -0.1%
- Fund minus TRI
- Upside capture
- +90%
- Benchmark-up months
- Downside capture
- +95%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -34.2%
- Worst peak-to-trough
- Current
- -10.7%
- Below last peak
- Current spell
- 60 days
- Days below latest peak
- Time below peak
- +90%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 23 days
- 118 recovered episodes
- Longest recovery
- 518 days
- Trough to prior peak
12 Feb 2020 – 23 Nov 2020
Trough 23 Mar 2020 · recovered in 245 days
-34.2%
3 Mar 2015 – 4 May 2017
Trough 25 Feb 2016 · recovered in 434 days
-28.3%
27 Sept 2024 – 3 Aug 2026
Trough 3 Mar 2025 · recovered in 518 days
-23.2%
13 Jan 2022 – 26 May 2023
Trough 20 Jun 2022 · recovered in 340 days
-19.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
26
Vs category
51
Consistency
16
Risk-adjusted
42
Drawdown
15
Mean
30
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
30 Sept 2026 · 41 holdings · top 10 are 34.6%.
- Top 5
- 19.3%
- Top 10
- 34.6%
- Largest holding
- 4.6%
- Effective holdings
- 37.4
ICICI Bank Ltd
Financial
4.6%
Solar Industries India Ltd
Materials
4.3%
Samvardhana Motherson International Ltd
Consumer Discretionary
3.5%
Navin Fluorine International Ltd
Materials
3.5%
Zomato Ltd
Technology
3.4%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Bajaj Finserv Flexi Cap Fund
Bajaj Finserv Mutual Fund
- 1Y
- -0.1%
- 3Y
- +15.8%
- Vol
- 13.1%
- Max DD
- -17.5%
- Sharpe
- 0.69
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Baroda BNP Paribas Flexi Cap Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- -4.2%
- 3Y
- +11.6%
- Vol
- 13.9%
- Max DD
- -20.4%
- Sharpe
- 0.47
- 3Y win
- +78%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
ITI Flexi Cap Fund
ITI Mutual Fund
- 1Y
- +6.4%
- 3Y
- +18.3%
- Vol
- 15.4%
- Max DD
- -21.4%
- Sharpe
- 0.99
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Parag Parikh Flexi Cap Fund
PPFAS Mutual Fund
- 1Y
- -5.9%
- 3Y
- +12.5%
- Vol
- 11.9%
- Max DD
- -31.2%
- Sharpe
- 0.97
- 3Y win
- +88%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Aditya Birla Sun Life Flexi Cap Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +0.6%
- 3Y
- +15.2%
- Vol
- 16.0%
- Max DD
- -38.6%
- Sharpe
- 0.65
- 3Y win
- +58%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown