Should I invest in LIC MF Mid Cap Fund?

We don't give personal investment advice. LIC MF Mid Cap Fund-Direct Plan-Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding.

LIC

LIC MF Mid Cap Fund-Direct Plan-Growth

Latest NAV

₹34.2811

As of

17 Jul 2026

728 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.53%	-0.23%	-0.31	32 / 34	Q4
1W	-1.20%	-0.54%	-0.67	34 / 34	Q4
2W	-0.21%	+0.58%	-0.79	31 / 34	Q4
1M	+0.81%	+1.91%	-1.10	26 / 34	Q4
3M	+6.22%	+6.18%	+0.04	14 / 34	Q2
6M	+6.92%	+7.27%	-0.35	18 / 33	Q3
YTD	+4.62%	+5.24%	-0.61	19 / 33	Q3
1Y	+2.69%	+6.21%	-3.51	25 / 33	Q4
2Y	+2.15%	+4.78%	-2.63	26 / 31	Q4
3Y	+17.49%	+19.66%	-2.18	25 / 31	Q4
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+17.71%	+19.25%	-1.53	27 / 34	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+4.62%	+5.24%	-0.61	19 / 33
2025	-0.88%	+2.51%	-3.38	25 / 31
2024	+30.19%	+29.88%	+0.31	15 / 31
2023	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+15.85%

25 windows

min -3.2% · max 57.0%

84% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

—

Insufficient history

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

16.64%

3-year · annualised

Sharpe ratio

0.67

vs risk-free 6.5%

Sortino ratio

1.13

Downside-only deviation

Max drawdown

-21.47%

Sep 2024 → Apr 2025

% positive months

69.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Mid Cap Fund

Scheme	Fund house	NAV	As of
HDFC Mid Cap Fund - Growth Option - Direct Plan	HDFC	₹229.2790	17 Jul 2026
NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option	Nippon India	₹191.8428	17 Jul 2026
SBI MIDCAP FUND - DIRECT PLAN - GROWTH	SBI	₹274.8819	17 Jul 2026
ICICI Prudential MidCap Fund - Direct Plan - Growth	ICICI Prudential	₹379.8000	17 Jul 2026
Invesco India Midcap Fund - Direct Plan - Growth Option	Invesco	₹240.7600	17 Jul 2026
BANDHAN MIDCAP FUND - GROWTH - DIRECT PLAN	Bandhan	₹19.7200	17 Jul 2026
quant Mid Cap Fund - Growth Option - Direct Plan	Quant	₹254.1999	17 Jul 2026
Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹943.0600	17 Jul 2026
Motilal Oswal Midcap Fund-Direct Plan-Growth Option	Motilal Oswal	₹114.4178	17 Jul 2026
Franklin India Mid Cap Fund - Direct - Growth	Franklin India	₹3,195.9391	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹34.2811
16 Jul 2026	₹34.4650
15 Jul 2026	₹34.6316
14 Jul 2026	₹34.3918
13 Jul 2026	₹34.5439
10 Jul 2026	₹34.6990
9 Jul 2026	₹34.4082
8 Jul 2026	₹33.9414
7 Jul 2026	₹34.3758
6 Jul 2026	₹34.5471

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of LIC MF Mid Cap Fund-Direct Plan-Growth is ₹34.2811. It's a Mid Cap Fund from LIC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

LIC MF Mid Cap Fund-Direct Plan-Growth has NAV history starting from 31 Jul 2023, a track record of about 2 years 11 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

LIC MF Mid Cap Fund-Direct Plan-Growth is managed by LIC. It's classified by AMFI under the 'Mid Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, LIC MF Mid Cap Fund-Direct Plan-Growth has delivered a absolute return of 2.69% — -3.51 pp behind the Mid Cap Fund category average of 6.21%. The fund ranks #25 of 33 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, LIC MF Mid Cap Fund-Direct Plan-Growth has delivered a CAGR of 17.49% — -2.18 pp behind the Mid Cap Fund category average of 19.66%. The fund ranks #25 of 31 in its category — the bottom (Q4) quartile.

LIC MF Mid Cap Fund-Direct Plan-Growth doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in LIC MF Mid Cap Fund-Direct Plan-Growth exactly 3 years ago would be worth approximately ₹162,162 today — a multiplier of 1.62×, based on the 3-year CAGR of 17.49%. The category average over the same window would have grown ₹1 lakh to ₹171,344.

A ₹10,000 monthly SIP in LIC MF Mid Cap Fund-Direct Plan-Growth over the last 1 year — total invested ₹120,000 — would be worth ₹126,694 today. That's an XIRR (money-weighted annualised return) of 10.50%.

LIC MF Mid Cap Fund-Direct Plan-Growth doesn't yet have 10 years of NAVs. Over the longest available window (1-year SIP), ₹10,000/month would have grown to ₹126,694 — XIRR 10.50%.

On a 3-year basis, LIC MF Mid Cap Fund-Direct Plan-Growth ranks #25 out of 31 funds in the Mid Cap Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 19.66%; this fund delivered 17.49%.

The worst peak-to-trough decline LIC MF Mid Cap Fund-Direct Plan-Growth has experienced over the last 3-year window is 21.47% — its NAV fell from a high on 24 Sep 2024 to a low on 07 Apr 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

The 3-year Sharpe ratio is 0.67 — reasonable risk-adjusted performance.

In calendar year 2025, LIC MF Mid Cap Fund-Direct Plan-Growth returned -0.88% — lagging the Mid Cap Fund category average of 2.51% by 3.38 pp. It ranked #25 of 31 in its category that year.

LIC MF Mid Cap Fund-Direct Plan-Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. LIC MF Mid Cap Fund-Direct Plan-Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

LIC MF Mid Cap Fund-Direct Plan-Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Mid Cap Fund

Recent NAVs

Frequently asked questions

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