← Lic Mutual Fund

LIC MF Large & Mid Cap Fund-Direct Plan-Growth

Mid Cap Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
46
May 2026
Equity Holdings
₹2,913.45 Cr
Equity only, excl. debt & cash
Top 5 Weight
16.7%
Diversified
Top 10 Weight
31.8%
Diversified
Changes
56
9 new · 11 exits
Top Sector
Electrical Equipment
10.1% of portfolio
📋 What Happened This Month LIC MF Large & Mid Cap Fund made 9 new additions and exited 11 stocks this month. The biggest new buy was AU Small Finance Bank Limited (Banks) at 3.52% weight. ICICI Bank Limited was the biggest exit (Banks), which was held at 4.57%. Among existing holdings, Persistent Systems Limited saw the biggest increase — now at 3.35% of the portfolio. United Spirits Limited was trimmed the most, now at 0.00%. AU Small Finance Bank Limited remains the top holding with Electrical Equipment the dominant sector at 10.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Finance 6.5% 9.5% +2.9%
Banks 13.5% 8.5% -5.0%
Electrical Equipment 5.6% 7.2% +1.6%
Auto Components 5.9% 7.0% +1.1%
IT - Software 4.1% 5.0% +0.9%
Retailing 2.6% 4.7% +2.1%
Automobiles 3.2% 4.3% +1.1%
Capital Markets 2.2% 4.1% +1.9%
Telecom - Services 3.2% 3.9% +0.7%
Cement & Cement Products 1.9% 3.6% +1.7%
Apr 2026 May 2026
Sector Prev Curr Delta
Electrical Equipment 7.2% 10.1% +2.9%
Banks 8.5% 9.9% +1.4%
Auto Components 7.0% 8.7% +1.7%
Finance 9.5% 8.4% -1.1%
Retailing 4.7% 5.3% +0.6%
Transport Services 2.4% 5.2% +2.7%
Pharmaceuticals & Biotechnology 3.4% 5.0% +1.6%
Telecom - Services 3.9% 4.8% +1.0%
Capital Markets 4.1% 4.7% +0.6%
Healthcare Services 2.6% 4.0% +1.4%
🟢
Biggest New Buy
AU Small Finance Bank Limited
3.52% weight · Banks
🔴
Biggest Exit
ICICI Bank Limited
4.57% was held · Banks
Biggest Add
Persistent Systems Limited
+1.64% · now 3.35%
Biggest Trim
United Spirits Limited
-2.02% · now 0.00%
🤝 Other funds also bought this month
CG Power and Industrial Solutions Limited 27 funds
CG Power and Industrial Solutions Limited
Motilal Oswal Infrastructure Fund-Direct-Growth
Motilal Oswal Manufacturing Fund - Direct Plan- Growth
Bajaj Finserv Nifty Next 50 Index Fund - Direct - Growth + more
Indus Towers Limited 24 funds
Indus Towers Limited
360 ONE QUANT FUND DIRECT GROWTH
quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan
quant Mid Cap Fund - Growth Option - Direct Plan + more
Zydus Lifesciences Limited 23 funds
Zydus Lifesciences Limited
LIC MF Healthcare Fund-Direct Plan-Growth
Bandhan Healthcare Fund - Direct Plan - Growth
HDFC Pharma and Healthcare Fund - Growth Option - Direct Plan + more
AU Small Finance Bank Limited 21 funds
AU Small Finance Bank Limited
ICICI Prudential Nifty Bank Index Fund - Direct Plan Growth
Motilal Oswal Nifty Bank Index Fund
HDFC NIFTY200 MOMENTUM 30 INDEX FUND + more
KEI Industries Limited 21 funds
KEI Industries Limited
JM Large and Midcap Fund
BARODA BNP PARIBAS ELSS Tax Saver Fund - Direct Plan - Growth Option
Union Large & Midcap Fund - Direct Plan - Growth Option + more
Karur Vysya Bank Limited 16 funds
Karur Vysya Bank Limited
Aditya Birla Sun Life Business Cycle Fund-Direct Growth
ITI Banking and Financial Services Fund - Direct Plan - Growth Option
SBI Nifty Small Cap 250 ETF + more
👋 Other funds also exited
State Bank of India 29 funds
State Bank of India
SBI Quant Fund- Direct Plan- Growth
LIC MF Banking and Financial Services Fund-Direct Plan-Growth
Bandhan Nifty 500 Value 50 Index Fund + more
Infosys Limited 19 funds
Infosys Limited
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
ICICI Prudential Equity Minimum Variance Fund - Direct Plan - Growth
Tata Nifty Next 50 Index Fund - Direct Plan Growth Option + more
Tata Motors Ltd 19 funds
Tata Motors Ltd
Helios Flexi Cap Fund - Direct Plan - Growth Option
Helios Large & Mid Cap Fund - Direct Plan - Growth Option
THE WEALTH COMPANY FLEXI CAP FUND + more
Jubilant Foodworks Limited 18 funds
Jubilant Foodworks Limited
Sundaram Business Cycle Fund Direct Plan Growth
Bajaj Finserv Flexi Cap Fund-Direct Plan-Growth
BAJAJ FINSERV CONSUMPTION FUND - DIRECT - GROWTH + more
Mahindra & Mahindra Limited 15 funds
Mahindra & Mahindra Limited
LIC MF Focused Fund-Direct Plan-Growth
Bandhan Nifty 500 Momentum 50 Index Fund Direct Plan-Growth
360 ONE QUANT FUND DIRECT GROWTH + more
ICICI Bank Limited 14 funds
ICICI Bank Limited
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
Tata Nifty Next 50 Index Fund - Direct Plan Growth Option
360 ONE ELSS Tax Saver Nifty 50 Index Fund + more

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 9 New Entries 🔴 11 Exits ↑ 24 Increased ↓ 12 Decreased
#StockSectorWeight (May 2026)
1
AU Small Finance Bank Limited
₹105.02 Cr
Banks 3.52%
2
CG Power and Industrial Solutions Limited
₹80.28 Cr
Electrical Equipment 2.69%
3
Delhivery Limited
₹65.36 Cr
Transport Services 2.19%
4
KEI Industries Limited
₹58.66 Cr
Industrial Products 1.97%
5
Indus Towers Limited
₹57.69 Cr
Telecom - Services 1.93%
6
City Union Bank Limited
₹47.26 Cr
Banks 1.58%
7
Karur Vysya Bank Limited
₹44.18 Cr
Banks 1.48%
8
Zydus Lifesciences Limited
₹32.33 Cr
Pharmaceuticals & Biotechnology 1.08%
9
Aster DM Healthcare Limited
₹29.13 Cr
Healthcare Services 0.98%
#StockSectorLast Weight (Apr 2026)
1
ICICI Bank Limited
₹135.23 Cr
Banks 4.57%
2
Infosys Limited
₹97.74 Cr
IT - Software 3.30%
3
State Bank of India
₹54.78 Cr
Banks 1.85%
4
Mahindra & Mahindra Limited
₹52.99 Cr
Automobiles 1.79%
5
Jubilant Foodworks Limited
₹41.04 Cr
Leisure Services 1.39%
6
Tata Motors Ltd
₹39.68 Cr
Agricultural, Commercial & Construction Vehicles 1.34%
7
Cummins India Limited
₹36.89 Cr
Industrial Products 1.25%
8
Apar Industries Limited
₹34.52 Cr
Electrical Equipment 1.17%
9
LG Electronics India Ltd
₹29.16 Cr
Consumer Durables 0.99%
10
Bharat Dynamics Limited
₹26.94 Cr
Aerospace & Defense 0.91%
#StockSectorApr 2026May 2026Change
1
Persistent Systems Limited
₹100.06 Cr
IT - Software 1.71% 3.35% +1.64%
2
Axis Bank Limited
₹100.18 Cr
Banks 2.09% 3.36% +1.27%
3
Thermax Limited
₹67.90 Cr
Electrical Equipment 1.18% 2.28% +1.10%
4
Bharat Electronics Limited
₹84.52 Cr
Aerospace & Defense 1.87% 2.83% +0.96%
5
Bharat Forge Limited
₹91.96 Cr
Auto Components 2.15% 3.08% +0.93%
6
JSW Steel Limited
₹52.72 Cr
Ferrous Metals 0.98% 1.77% +0.79%
7
Leela Palaces Hotels & Resorts Limited
₹28.94 Cr
Leisure Services 0.29% 0.97% +0.68%
8
Nippon Life India Asset Management Limited
₹72.89 Cr
Capital Markets 1.79% 2.44% +0.65%
9
Schaeffler India Limited
₹101.24 Cr
Auto Components 2.80% 3.39% +0.59%
10
InterGlobe Aviation Limited
₹89.03 Cr
Transport Services 2.43% 2.98% +0.55%
#StockSectorApr 2026May 2026Change
1
United Spirits Limited
₹0.03 L
Beverages 2.02% 0.00% -2.02%
2
Cholamandalam Investment and Finance Company Ltd
₹28.43 Cr
Finance 2.00% 0.95% -1.05%
3
UltraTech Cement Limited
₹31.53 Cr
Cement & Cement Products 2.09% 1.06% -1.03%
4
Bharti Airtel Limited
₹86.15 Cr
Telecom - Services 3.86% 2.89% -0.97%
5
Max Financial Services Limited
₹45.80 Cr
Insurance 2.29% 1.54% -0.75%
6
JK Cement Limited
₹29.65 Cr
Cement & Cement Products 1.52% 0.99% -0.53%
7
Bajaj Finance Limited
₹88.55 Cr
Finance 3.09% 2.97% -0.12%
8
GE Vernova T&D India Limited
₹61.74 Cr
Electrical Equipment 2.19% 2.07% -0.12%
9
Maruti Suzuki India Limited
₹72.48 Cr
Automobiles 2.52% 2.43% -0.09%
10
APL Apollo Tubes Limited
₹26.61 Cr
Industrial Products 0.94% 0.89% -0.05%

What Stocks Does This Fund Hold?

46 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹105.02 Cr
Banks
3.52%
2
₹101.24 Cr
Auto Components
3.39%
3
₹100.18 Cr
Banks
3.36%
4
₹100.06 Cr
IT - Software
3.35%
5
₹92.49 Cr
Construction
3.10%
6
₹91.96 Cr
Auto Components
3.08%
7
₹90.71 Cr
Electrical Equipment
3.04%
8
₹89.38 Cr
Healthcare Services
3.00%
9
₹89.03 Cr
Transport Services
2.98%
10
₹88.55 Cr
Finance
2.97%
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🏦 Lic Mutual Fund — Portfolio & Holdings
See all funds managed by Lic Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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