Axis Value Fund vs LIC MF Value Fund
Axis Value Fund (Direct) and LIC MF Value Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Value Fund schemes — see the best value mutual funds for the full ranking.
Head to head
NAVs as of 05 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 31 Jul 2023 – 05 Oct 2026, limited by LIC MF Value Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | Axis Value Fund | LIC MF Value Fund | Nifty 500 TRI |
|---|---|---|---|
| 31 Jul 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 05 Nov 2023 | ₹100.55 | ₹102.13 | ₹99.99 |
| 10 Feb 2024 | ₹121.41 | ₹120.64 | ₹117.78 |
| 17 May 2024 | ₹130.51 | ₹125.04 | ₹124.65 |
| 21 Aug 2024 | ₹151.45 | ₹145.43 | ₹138.67 |
| 26 Nov 2024 | ₹149.88 | ₹143.02 | ₹134.27 |
| 03 Mar 2025 | ₹131.61 | ₹115.95 | ₹118.78 |
| 08 Jun 2025 | ₹151.45 | ₹136.92 | ₹138.72 |
| 13 Sep 2025 | ₹154.67 | ₹138.70 | ₹139.30 |
| 19 Dec 2025 | ₹159.53 | ₹140.81 | ₹142.67 |
| 25 Mar 2026 | ₹149.33 | ₹136.45 | ₹129.81 |
| 30 Jun 2026 | ₹161.49 | ₹160.50 | ₹139.40 |
| 05 Oct 2026 | ₹162.35 | ₹165.18 | ₹133.55 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
- 73 stocks only in Axis Value Fund
- 15 stocks in both — 19.0% of each portfolio by weight
- 35 stocks only in LIC MF Value Fund
The more the circles overlap, the more the funds hold the same stocks.
Axis Value Fund and LIC MF Value Fund share 19% of their equity book by weight.
Shared holdings — Axis Value Fund vs LIC MF Value Fund
| Stock | Axis Value Fund | LIC MF Value Fund | |
|---|---|---|---|
| State Bank of India | 2.45% | 2.80% | 2.45% |
| ICICI Bank Limited | 5.32% | 2.27% | 2.27% |
| NTPC Limited | 2.26% | 2.20% | 2.20% |
| Tech Mahindra Limited | 1.77% | 1.75% | 1.75% |
| Shriram Finance Limited | 2.96% | 1.64% | 1.64% |
| Axis Bank Limited | 1.48% | 1.63% | 1.48% |
| Sun Pharmaceutical Industries Limited | 1.86% | 1.13% | 1.13% |
| Hyundai Motor India Ltd | 1.11% | 3.09% | 1.11% |
| Kotak Mahindra Bank Limited | 1.21% | 1.04% | 1.04% |
| HDFC Bank Limited | 4.60% | 0.97% | 0.97% |
| Torrent Pharmaceuticals Limited | 1.94% | 0.81% | 0.81% |
| Sansera Engineering Limited | 0.80% | 3.10% | 0.80% |
| Gland Pharma Limited | 0.76% | 1.34% | 0.76% |
| InterGlobe Aviation Limited | 0.45% | 2.16% | 0.45% |
| Cipla Limited | 0.16% | 1.55% | 0.16% |
15 shared of 88 / 50 positions. Weights are shown as a share of each fund's equity book.
| Metric | Axis · Direct NAV ₹20.70 Very High risk ★★★★★ | LIC · Direct NAV ₹30.95 Very High risk ★★★☆☆ | Category median Value Fund · 24 funds |
|---|---|---|---|
| +5.10% | +19.02%Best in row | -1.70% | |
| +17.19% | +17.26% | +11.63% | |
| +15.19% | — | +11.84% | |
| +15.60% | +17.09% | +14.75% | |
| +15.57%Best in row | +14.17% | — | |
| +22.77%Best in row | +18.15% | +18.15% | |
| +15.19% | — | +15.36% | |
| Risk | |||
| 14.12%Best in row | 17.27% | 14.12% | |
| 0.76Best in row | 0.62 | 0.38 | |
| 1.02Best in row | 0.85 | 0.50 | |
| -20.20% | -25.20% | -36.69% | |
| +6.62% | +6.93%Best in row | +1.93% | |
| 0.96 | 1.05 | 0.96 | |
| 117.6% | 126.0%Best in row | 100.7% | |
| 87.8%Best in row | 99.4% | 94.3% | |
| 0.92%Best in row | 1.78% | 1.24% | |
| ₹1,804Cr | ₹283.29Cr | ₹1,544Cr | |
| Up to 1.00% | None | — | |
| ₹100 | ₹5.00K | — | |
| 43% | 194% | 49% | |
| Krishnaa Narayan · 2.6y | Mahesh Bendre · 2.3y | — | |
| 28 Sep 2021 | 31 Jul 2023 | — | |
| 88 | 50 | — | |
| 29.3% | 35.6% | — | |
| 3.4% | 5.5% | — | |
5 rows carry the same value for every fund — show
- 10Y return (CAGR)
- —
- 10Y rolling avg
- —
- Benchmark
- Nifty 500 TRI
- Lock-in
- None
- Min SIP
- ₹100
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Axis Value Fund or LIC MF Value Fund?
Over the last 3 years, LIC MF Value Fund returned +17.26% CAGR against Axis Value Fund's +17.19%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — Axis Value Fund or LIC MF Value Fund?
Axis Value Fund has the lower expense ratio: Axis Value Fund charges 0.92% a year against LIC MF Value Fund's 1.78%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Axis Value Fund or LIC MF Value Fund?
LIC MF Value Fund has shown higher volatility (+17.27% annualized vs Axis Value Fund's +14.12%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Axis Value Fund -17.14% vs LIC MF Value Fund -25.20%.
Which fund manages more money — Axis Value Fund or LIC MF Value Fund?
Axis Value Fund is the larger fund: Axis Value Fund manages ₹1,804Cr against LIC MF Value Fund's ₹283.29Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Axis Value Fund and LIC MF Value Fund in the same category?
Yes — both are Value Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.