MF Gyan
mid capHigh risk3 years oldAccelerating recently (last 6m ≈ 34% p.a.)

LIC MF Mid Cap Fund - Direct Plan - IDCW

Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings. From LIC Mutual Fund. It's been running since 31 Jul 2023.

Latest price per unit
₹33.3654
▼ 0.04% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.11 L
▲ ₹10.7k gain · 10.7% / year
Invested 3 years ago
₹1.61 L
▲ ₹61.0k gain · 17.2% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.12 L
Gain / loss+₹32.4k
XIRR (annualised)11.61%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.16 L
Projected gain*+₹36.2k
*at this fund's historical rate of 11.61% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 50 other funds in Equity Scheme - Mid Cap Fund

Same plan
1-year return
10.66%median 8.40% (+2.26%)
Rank #20 of 51Beats 60% of peers
3-year return
17.21%median 16.40% (+0.81%)
Rank #20 of 51Beats 57% of peers
Bumpiness (3Y)
16.69%median 16.91% (-0.22%)
Rank #24 of 51Less risky than 54% of peers
Worst-ever drop
-21.48%median -36.43% (+14.95%)
Rank #45 of 51Less risky than 12% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 4 years were positive.

+19%
2023
+30%
2024
-1%
2025
+8%
2026
Best year
2024 · 30.14%
Worst year
2025 · -0.90%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
16.7%

The value swings roughly 17% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-21.48%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of LIC MF Mid Cap Fund - Direct Plan - IDCW against other mid cap funds.

Technical details (for the pros)
CAGR — 1 year10.66%
CAGR — 3 years17.21%
CAGR — 5 years—
CAGR — since launch18.20%
Volatility — 1 year (annualised)15.76%
Volatility — 3 years (annualised)16.69%
Max drawdown — 1 year-15.41%
Max drawdown — 3 years-21.48%
Sharpe ratio — 1 year (rf=6%)0.28
Sharpe ratio — 3 years (rf=6%)0.62

Fund info

Fund house
LIC Mutual Fund
Category
Equity Scheme - Mid Cap Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
INF397L01JH4
ISIN (Div re-invest)
INF397L01JI2
Fund code
151999
First price on record
31 Jul 2023 · 763 daily prices

About LIC MF Mid Cap Fund - Direct Plan - IDCW

LIC MF Mid Cap Fund - Direct Plan - IDCW is a Equity Scheme - Mid Cap Fund offered by LIC Mutual Fund under the Direct plan with the IDCW option. It has approximately 3 years of NAV track record. The fund falls in the mid cap category — Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

The current NAV of LIC MF Mid Cap Fund - Direct Plan - IDCW is ₹33.3654 (as of 4 Sep 2026). Historically, it has delivered 10.66% over the last year, 17.21% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 16.7% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 21.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of LIC MF Mid Cap Fund - Direct Plan - IDCW?+

The latest NAV of LIC MF Mid Cap Fund - Direct Plan - IDCW is ₹33.3654 as of 4 Sep 2026, down 0.04% from the previous day. NAV is updated once a business day after the market close.

What are the returns of LIC MF Mid Cap Fund - Direct Plan - IDCW?+

LIC MF Mid Cap Fund - Direct Plan - IDCW has delivered 1-year return 10.66%, 3-year CAGR 17.21%, since-inception CAGR 18.20%. Returns are historical and don't predict future performance — markets move in cycles.

What category does LIC MF Mid Cap Fund - Direct Plan - IDCW belong to?+

LIC MF Mid Cap Fund - Direct Plan - IDCW is categorised as Equity Scheme - Mid Cap Fund. Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

How risky is LIC MF Mid Cap Fund - Direct Plan - IDCW?+

Based on its 3-year annualised volatility of 16.7%, LIC MF Mid Cap Fund - Direct Plan - IDCW sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is LIC MF Mid Cap Fund - Direct Plan - IDCW a direct plan?+

LIC MF Mid Cap Fund - Direct Plan - IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is LIC MF Mid Cap Fund - Direct Plan - IDCW?+

LIC MF Mid Cap Fund - Direct Plan - IDCW has NAV history available from 31 Jul 2023 — approximately 3 years of track record and 763 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.