What stocks does LIC MF Flexi Cap Fund hold?

LIC MF Flexi Cap Fund holds a portfolio of Indian equity stocks disclosed monthly by Lic Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages LIC MF Flexi Cap Fund?

LIC MF Flexi Cap Fund is managed by Lic Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is LIC MF Flexi Cap Fund?

LIC MF Flexi Cap Fund is classified as a Flexi Cap mutual fund under SEBI's mutual fund categorisation framework.

How often is LIC MF Flexi Cap Fund portfolio data updated?

Portfolio holdings for LIC MF Flexi Cap Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Lic Mutual Fund

LIC MF Flexi Cap Fund-Direct Plan-Growth

Flexi Cap Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹895.28 Cr

Equity only, excl. debt & cash

Top 5 Weight

21.5%

Diversified

Top 10 Weight

36.8%

Diversified

Changes

13 new · 42 exits

Top Sector

Banks

18.1% of portfolio

📋 What Happened This Month LIC MF Flexi Cap Fund made 13 new additions and exited 42 stocks this month. The biggest new buy was ICICI Bank Limited (Banks) at 6.55% weight. HDFC Bank Limited was the biggest exit (Banks), which was held at 6.83%. Among existing holdings, State Bank of India saw the biggest increase — now at 3.52% of the portfolio. Arvind Fashions Limited was trimmed the most, now at 0.34%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 18.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

1 year history · LIC MF Flexi Cap Fund-Direct Plan-Growth

-1.29%

+2.00%

-5.49%

+4.31%

Latest NAV

₹106.66

04 Jun 2026

52W High

₹115.55

-8% from High

52W Low

₹90.15

+18% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+3.0%

2024

+19.9%

2023

+29.8%

2022

-1.7%

2021

+21.3%

2020

+11.4%

2019

+14.4%

2018

-6.8%

2017

+26.9%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

12.9%

+ve in 80% windows

65.6% / -23.0%

3Y Rolling Avg

12.5% p.a.

+ve in 98% windows

25.0% / -5.3%

5Y Rolling Avg

13.1% p.a.

+ve in 100% windows

22.0% / 6.1%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-23.2%

Rec: not yet

COVID-19 Crash

-33.6%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-18.9%

Rec: May 2023 (1yr 4mo)

2018 IL&FS

-13.7%

Rec: May 2019 (10 mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.49

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.67

Penalises downside volatility only.

Std Deviation (3Y)

14.9%

Lower = more consistent returns.

NAV Chart ₹106.66 04 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

LIC MF Flexi Cap Fund-Direct Plan-Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹106.66

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	17.5%	16.4%	▼ -1.1%
Pharmaceuticals & Biotechnology	8.8%	9.3%	▲ +0.5%
Finance	7.8%	6.7%	▼ -1.0%
Chemicals & Petrochemicals	5.5%	5.8%	▲ +0.3%
IT - Software	5.1%	5.3%	▲ +0.2%
Transport Services	3.7%	3.3%	▼ -0.4%
Telecom - Services	2.8%	3.0%	▲ +0.2%
Healthcare Services	2.6%	2.8%	▲ +0.2%
Capital Markets	2.6%	2.6%	● 0.0%
Beverages	2.4%	2.3%	▼ -0.1%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	16.4%	18.1%	▲ +1.7%
Finance	6.7%	6.2%	▼ -0.6%
Pharmaceuticals & Biotechnology	9.3%	5.6%	▼ -3.7%
Electrical Equipment	1.7%	5.4%	▲ +3.6%
Auto Components	0.9%	4.0%	▲ +3.1%
Capital Markets	2.6%	3.9%	▲ +1.4%
Telecom - Services	3.0%	3.8%	▲ +0.8%
Transport Services	3.3%	3.8%	▲ +0.4%
Chemicals & Petrochemicals	5.8%	3.6%	▼ -2.2%
Construction	1.8%	3.5%	▲ +1.7%

🟢

Biggest New Buy

ICICI Bank Limited

6.55% weight · Banks

🔴

Biggest Exit

HDFC Bank Limited

6.83% was held · Banks

↑

Biggest Add

State Bank of India

+2.26% · now 3.52%

↓

Biggest Trim

Arvind Fashions Limited

-1.64% · now 0.34%

🤝 Other funds also bought this month

ICICI Bank Limited 83 funds

Sun Pharmaceutical Industries Limited 57 funds

Multi Commodity Exchange of India Limited 52 funds

Coforge Limited 42 funds

Samvardhana Motherson International Limited 38 funds

Radico Khaitan Limited 30 funds

👋 Other funds also exited

HDFC Bank Limited 45 funds

Tech Mahindra Limited 30 funds

Tata Consultancy Services Limited 25 funds

Kotak Mahindra Bank Limited 22 funds

ICICI Lombard General Insurance Company Limited 21 funds

SBI Life Insurance Company Limited 19 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 13 New Entries 🔴 42 Exits ↑ 21 Increased ↓ 6 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	ICICI Bank Limited ₹63.72 Cr	Banks	6.55%
2	JK Cement Limited ₹27.23 Cr	Cement & Cement Products	2.80%
3	Sun Pharmaceutical Industries Limited ₹26.22 Cr	Pharmaceuticals & Biotechnology	2.69%
4	Hitachi Energy India Limited ₹25.16 Cr	Electrical Equipment	2.59%
5	The Phoenix Mills Limited ₹22.99 Cr	Realty	2.36%
6	ITC Hotels Limited ₹21.43 Cr	Leisure Services	2.20%
7	Multi Commodity Exchange of India Limited ₹21.39 Cr	Capital Markets	2.20%
8	UNO Minda Limited ₹20.10 Cr	Auto Components	2.07%
9	Coforge Limited ₹18.72 Cr	IT - Software	1.92%
10	Samvardhana Motherson International Limited ₹18.48 Cr	Auto Components	1.90%
11	Marico Limited ₹14.46 Cr	Agricultural Food & other Products	1.49%
12	Tata Power Company Limited ₹14.00 Cr	Power	1.44%
13	Radico Khaitan Limited ₹13.01 Cr	Beverages	1.34%

#	Stock	Sector	Last Weight (Mar 2026)
1	HDFC Bank Limited ₹61.11 Cr	Banks	6.83%
2	Kotak Mahindra Bank Limited ₹25.21 Cr	Banks	2.82%
3	SRF Limited ₹20.75 Cr	Chemicals & Petrochemicals	2.32%
4	Biocon Limited ₹17.50 Cr	Pharmaceuticals & Biotechnology	1.96%
5	Mphasis Limited ₹16.00 Cr	IT - Software	1.79%
6	Mahindra Lifespace Developers Limited ₹14.99 Cr	Realty	1.68%
7	Hindustan Unilever Limited ₹13.67 Cr	Diversified FMCG	1.53%
8	Abbott India Limited ₹12.56 Cr	Pharmaceuticals & Biotechnology	1.40%
9	CRISIL Limited ₹12.16 Cr	Finance	1.36%
10	Vinati Organics Limited ₹12.04 Cr	Chemicals & Petrochemicals	1.35%
11	Apollo Micro Systems Limited ₹10.71 Cr	Aerospace & Defense	1.20%
12	Onesource Specialty Pharma Limited ₹10.53 Cr	Pharmaceuticals & Biotechnology	1.18%
13	Tech Mahindra Limited ₹10.37 Cr	IT - Software	1.16%
14	KSB Limited ₹10.35 Cr	Industrial Products	1.16%
15	Piramal Pharma Limited ₹10.17 Cr	Pharmaceuticals & Biotechnology	1.14%
16	K.P.R. Mill Limited ₹9.94 Cr	Textiles & Apparels	1.11%
17	Bharti Hexacom Limited ₹8.12 Cr	Telecom - Services	0.91%
18	Muthoot Finance Limited ₹7.91 Cr	Finance	0.88%
19	Mrs. Bectors Food Specialities Limited ₹7.65 Cr	Food Products	0.85%
20	Affle 3i Limited ₹7.23 Cr	IT - Services	0.81%
21	KPIT Technologies Limited ₹7.03 Cr	IT - Software	0.79%
22	Ador Welding Limited ₹7.01 Cr	Industrial Products	0.78%
23	Metro Brands Limited ₹6.67 Cr	Consumer Durables	0.74%
24	Aditya Birla Sun Life AMC Limited ₹6.53 Cr	Capital Markets	0.73%
25	S P Apparels Ltd ₹6.20 Cr	Textiles & Apparels	0.69%
26	Hindustan Foods Ltd ₹5.83 Cr	Diversified FMCG	0.65%
27	The Indian Hotels Company Limited ₹5.53 Cr	Leisure Services	0.62%
28	Tata Consultancy Services Limited ₹5.42 Cr	IT - Software	0.61%
29	Tata Motors Passenger Vehicles Limited ₹4.51 Cr	Automobiles	0.50%
30	360 One WAM Limited ₹4.50 Cr	Capital Markets	0.50%
31	Suprajit Engineering Limited ₹4.16 Cr	Auto Components	0.46%
32	Crompton Greaves Consumer Electricals Limited ₹4.11 Cr	Consumer Durables	0.46%
33	ICICI Lombard General Insurance Company Limited ₹3.97 Cr	Insurance	0.44%
34	Moil Limtied ₹3.96 Cr	Minerals & Mining	0.44%
35	Concord Biotech Limited ₹3.76 Cr	Pharmaceuticals & Biotechnology	0.42%
36	Schaeffler India Limited ₹3.69 Cr	Auto Components	0.41%
37	International Gemmological Institute India Ltd ₹3.69 Cr	Commercial Services & Supplies	0.41%
38	Bharat Dynamics Limited ₹2.66 Cr	Aerospace & Defense	0.30%
39	Orkla India Ltd ₹2.19 Cr	Food Products	0.24%
40	Chalet Hotels Limited ₹2.14 Cr	Leisure Services	0.24%
41	SBI Life Insurance Company Limited ₹2.12 Cr	Insurance	0.24%
42	KFin Technologies Limited ₹83.97 L	Capital Markets	0.09%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	State Bank of India ₹34.25 Cr	Banks	1.26%	3.52%	+2.26%
2	Max Financial Services Limited ₹25.65 Cr	Insurance	0.49%	2.64%	+2.15%
3	Axis Bank Limited ₹39.63 Cr	Banks	2.34%	4.07%	+1.73%
4	Bharti Airtel Limited ₹36.56 Cr	Telecom - Services	2.07%	3.76%	+1.69%
5	Larsen & Toubro Limited ₹33.68 Cr	Construction	1.81%	3.46%	+1.65%
6	Aditya Birla Capital Limited ₹20.30 Cr	Finance	0.52%	2.09%	+1.57%
7	Navin Fluorine International Limited ₹34.61 Cr	Chemicals & Petrochemicals	2.13%	3.56%	+1.43%
8	Maruti Suzuki India Limited ₹29.18 Cr	Automobiles	1.75%	3.00%	+1.25%
9	Syrma SGS Technology Limited ₹21.81 Cr	Industrial Manufacturing	1.23%	2.24%	+1.01%
10	Apar Industries Limited ₹15.43 Cr	Electrical Equipment	0.61%	1.59%	+0.98%
11	Tata Motors Ltd ₹13.64 Cr	Agricultural, Commercial & Construction Vehicles	0.61%	1.40%	+0.79%
12	InterGlobe Aviation Limited ₹27.95 Cr	Transport Services	2.15%	2.87%	+0.72%
13	Shriram Finance Limited ₹19.97 Cr	Finance	1.40%	2.05%	+0.65%
14	Ujjivan Small Finance Bank Limited ₹27.98 Cr	Banks	2.30%	2.87%	+0.57%
15	Motilal Oswal Financial Services Limited ₹16.81 Cr	Capital Markets	1.26%	1.73%	+0.47%
16	Apollo Hospitals Enterprise Limited ₹30.21 Cr	Healthcare Services	2.77%	3.10%	+0.33%
17	One 97 Communications Limited ₹19.62 Cr	Financial Technology (Fintech)	1.70%	2.02%	+0.32%
18	Oracle Financial Services Software Limited ₹11.98 Cr	IT - Software	0.93%	1.23%	+0.30%
19	CSB Bank Limited ₹10.83 Cr	Banks	0.83%	1.11%	+0.28%
20	Avalon Technologies Limited ₹11.52 Cr	Electrical Equipment	1.13%	1.18%	+0.05%
21	Tata Consumer Products Limited ₹12.77 Cr	Agricultural Food & other Products	1.27%	1.31%	+0.04%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Arvind Fashions Limited ₹3.34 Cr	Retailing	1.98%	0.34%	-1.64%
2	ALLIED BLENDERS & DISTILLERS LTD ₹14.24 Cr	Beverages	2.27%	1.46%	-0.81%
3	CreditAccess Grameen Limited ₹19.76 Cr	Finance	2.58%	2.03%	-0.55%
4	Navkar Corporation Ltd. ₹8.56 Cr	Transport Services	1.17%	0.88%	-0.29%
5	Torrent Pharmaceuticals Limited ₹28.13 Cr	Pharmaceuticals & Biotechnology	3.17%	2.89%	-0.28%
6	VA Tech Wabag Limited ₹19.96 Cr	Other Utilities	2.19%	2.05%	-0.14%

Full Portfolio

40 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹63.72 Cr	Banks	6.55%
2	Axis Bank Limited ₹39.63 Cr	Banks	4.07%
3	Bharti Airtel Limited ₹36.56 Cr	Telecom - Services	3.76%
4	Navin Fluorine International Limited ₹34.61 Cr	Chemicals & Petrochemicals	3.56%
5	State Bank of India ₹34.25 Cr	Banks	3.52%
6	Larsen & Toubro Limited ₹33.68 Cr	Construction	3.46%
7	Apollo Hospitals Enterprise Limited ₹30.21 Cr	Healthcare Services	3.10%
8	Maruti Suzuki India Limited ₹29.18 Cr	Automobiles	3.00%
9	Torrent Pharmaceuticals Limited ₹28.13 Cr	Pharmaceuticals & Biotechnology	2.89%
10	Ujjivan Small Finance Bank Limited ₹27.98 Cr	Banks	2.87%
11	InterGlobe Aviation Limited ₹27.95 Cr	Transport Services	2.87%
12	JK Cement Limited ₹27.23 Cr	Cement & Cement Products	2.80%
13	Sun Pharmaceutical Industries Limited ₹26.22 Cr	Pharmaceuticals & Biotechnology	2.69%
14	Max Financial Services Limited ₹25.65 Cr	Insurance	2.64%
15	Hitachi Energy India Limited ₹25.16 Cr	Electrical Equipment	2.59%
16	The Phoenix Mills Limited ₹22.99 Cr	Realty	2.36%
17	Syrma SGS Technology Limited ₹21.81 Cr	Industrial Manufacturing	2.24%
18	ITC Hotels Limited ₹21.43 Cr	Leisure Services	2.20%
19	Multi Commodity Exchange of India Limited ₹21.39 Cr	Capital Markets	2.20%
20	Aditya Birla Capital Limited ₹20.30 Cr	Finance	2.09%
21	UNO Minda Limited ₹20.10 Cr	Auto Components	2.07%
22	VA Tech Wabag Limited ₹19.96 Cr	Other Utilities	2.05%
23	Shriram Finance Limited ₹19.97 Cr	Finance	2.05%
24	CreditAccess Grameen Limited ₹19.76 Cr	Finance	2.03%
25	One 97 Communications Limited ₹19.62 Cr	Financial Technology (Fintech)	2.02%
26	Coforge Limited ₹18.72 Cr	IT - Software	1.92%
27	Samvardhana Motherson International Limited ₹18.48 Cr	Auto Components	1.90%
28	Motilal Oswal Financial Services Limited ₹16.81 Cr	Capital Markets	1.73%
29	Apar Industries Limited ₹15.43 Cr	Electrical Equipment	1.59%
30	Marico Limited ₹14.46 Cr	Agricultural Food & other Products	1.49%
31	ALLIED BLENDERS & DISTILLERS LTD ₹14.24 Cr	Beverages	1.46%
32	Tata Power Company Limited ₹14.00 Cr	Power	1.44%
33	Tata Motors Ltd ₹13.64 Cr	Agricultural, Commercial & Construction Vehicles	1.40%
34	Radico Khaitan Limited ₹13.01 Cr	Beverages	1.34%
35	Tata Consumer Products Limited ₹12.77 Cr	Agricultural Food & other Products	1.31%
36	Oracle Financial Services Software Limited ₹11.98 Cr	IT - Software	1.23%
37	Avalon Technologies Limited ₹11.52 Cr	Electrical Equipment	1.18%
38	CSB Bank Limited ₹10.83 Cr	Banks	1.11%
39	Navkar Corporation Ltd. ₹8.56 Cr	Transport Services	0.88%
40	Arvind Fashions Limited ₹3.34 Cr	Retailing	0.34%