LIC MF Consumption Fund
This is the Direct plan of LIC MF Consumption Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough Sectoral/ Thematic peers to rank yet
Volatility 14.6% vs 15.7% category avg
1.2% expense vs 1.3% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
No standout strengths identified.
Concerns
- Trails the Sectoral/ Thematic average on 1M/3M/6M
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Sectoral/ Thematic)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -6.32% | -5.04% | -1.28% |
| 3M abs | -4.83% | -2.05% | -2.78% |
| 6M abs | +6.67% | +11.49% | -4.82% |
| 1Y CAGR | — | +3.51% | — |
| 3Y CAGR | — | +13.45% | — |
| 5Y CAGR | — | +12.26% | — |
Category average across peers in Sectoral/ Thematic (254 of 255 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
10 monthly installments of ₹10,000 into LIC MF Consumption Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -7.04% | -7.18% | +0.14% | |
| 2025part | -0.30% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity99.26%
- Cash & Equivalents0.76%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹490.26Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
LIC Mutual Fund is sponsored by the Life Insurance Corporation of India and has been in business since 1989. It absorbed IDBI Mutual Fund's schemes in 2023 and runs a mix of equity, debt and index funds.
Fund Managers
SBSumit BhatnagarManaging since 21 Nov 2025
Fund Manager - Equity
• MBA (Finance) – Rotman School of Management, university of Toronto • CFA – CFA Institute, USA • MBA (Finance) – I.M.S., Devi Ahilya University, Indore • BBA – P.I.M.R, Devi Ahilya University, Indore
Mr. Sumit Bhatnagar has an overall experience of 25 years in financial markets. – • Fund Manager of (Equity) – LIC Mutual Fund Asset Management Limited (With – rd effect from 3 October 2023) • Fund Manager (Equity) – Indiabulls Asset – Management Co. Ltd. (May 2021 – June 2023) • Head – Equity - Indiabulls Asset Management Co. Ltd. (February 2009 – January 2019)
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NKNikhil KapoorManaging since 01 Jul 2026
Head Research & Fund Manager – Equity
• Head Research & Fund Manager- Equity th (w.e.f. 7 April 2026) • • Senior Equity Research Analyst, LIC Mutual Fund Asset Management Limited th (26 December 2023) • Equity Research Analyst- JM Financial Servies Ltd. (January 2010 - December 2023)
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
LIC in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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afaqs! · 6d ago
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Sectoral & Thematic funds
Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.
Frequently asked questions
What is the NAV of LIC MF Consumption Fund?
As of 01 Oct 2026, the NAV of LIC MF Consumption Fund is ₹9.28 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has LIC MF Consumption Fund delivered?
LIC MF Consumption Fund has returned -7.32% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of LIC MF Consumption Fund?
LIC MF Consumption Fund charges an expense ratio of 1.22% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of LIC MF Consumption Fund?
LIC MF Consumption Fund's largest holdings are The Indian Hotels Company Ltd. (3.3%), Bharti Airtel Ltd. (3.3%), InterGlobe Aviation Ltd. (3.2%), Eternal Ltd. (3.0%) and MRS Bectors Food Specialities Ltd. (2.7%). Holdings are disclosed monthly and change over time.
How risky is LIC MF Consumption Fund?
LIC MF Consumption Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.6% and its worst peak-to-trough fall in our sample was -14.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of LIC MF Consumption Fund?
LIC MF Consumption Fund is benchmarked against the Nifty India Consumption Total Return Index (TRI). Its alpha and beta on this page are measured against that index.
Who manages LIC MF Consumption Fund?
LIC MF Consumption Fund is managed by Sumit Bhatnagar and Nikhil Kapoor at LIC.
How is LIC MF Consumption Fund taxed?
LIC MF Consumption Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.