MF Gyan
sectorHigh risk3 years oldAccelerating recently (last 6m ≈ 25% p.a.)

LIC MF Focused Fund - Direct Plan - Growth

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From LIC Mutual Fund. It's been running since 31 Jul 2023.

Latest price per unit
₹24.6493
▲ 0.52% 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
₹1.04 L
▲ ₹4.0k gain · 4.0% / year
Invested 3 years ago
₹1.34 L
▲ ₹33.6k gain · 10.1% / 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₹2.01 L
Gain / loss+₹20.9k
XIRR (annualised)7.64%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.03 L
Projected gain*+₹22.9k
*at this fund's historical rate of 7.64% 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 44 other funds in Equity Scheme - Focused Fund

Same plan
1-year return
3.97%median 5.90% (-1.93%)
Rank #25 of 45Beats 45% of peers
3-year return
10.14%median 12.38% (-2.25%)
Rank #28 of 45Beats 36% of peers
Bumpiness (3Y)
15.45%median 15.63% (-0.18%)
Rank #22 of 45Less risky than 52% of peers
Worst-ever drop
-21.12%median -36.32% (+15.20%)
Rank #38 of 45Less risky than 16% 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. 4 of last 4 years were positive.

+9%
2023
+13%
2024
+4%
2025
+4%
2026
Best year
2024 · 12.97%
Worst year
2026 · 3.71%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
15.4%

The value swings roughly 15% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-21.12%

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 Focused Fund - Direct Plan - Growth against other sector funds.

Technical details (for the pros)
CAGR — 1 year3.97%
CAGR — 3 years10.14%
CAGR — 5 years—
CAGR — since launch10.21%
Volatility — 1 year (annualised)14.92%
Volatility — 3 years (annualised)15.45%
Max drawdown — 1 year-15.91%
Max drawdown — 3 years-21.12%
Sharpe ratio — 1 year (rf=6%)-0.14
Sharpe ratio — 3 years (rf=6%)0.25

Fund info

Fund house
LIC Mutual Fund
Category
Equity Scheme - Focused Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF397L01KA7
ISIN (Div re-invest)
—
Fund code
152010
First price on record
31 Jul 2023 · 763 daily prices

About LIC MF Focused Fund - Direct Plan - Growth

LIC MF Focused Fund - Direct Plan - Growth is a Equity Scheme - Focused Fund offered by LIC Mutual Fund under the Direct plan with the Growth option. It has approximately 3 years of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

The current NAV of LIC MF Focused Fund - Direct Plan - Growth is ₹24.6493 (as of 4 Sep 2026). Historically, it has delivered 3.96% over the last year, 10.14% 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 15.4% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 21.1%. 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 Focused Fund - Direct Plan - Growth?+

The latest NAV of LIC MF Focused Fund - Direct Plan - Growth is ₹24.6493 as of 4 Sep 2026, up 0.52% from the previous day. NAV is updated once a business day after the market close.

What are the returns of LIC MF Focused Fund - Direct Plan - Growth?+

LIC MF Focused Fund - Direct Plan - Growth has delivered 1-year return 3.96%, 3-year CAGR 10.14%, since-inception CAGR 10.21%. Returns are historical and don't predict future performance — markets move in cycles.

What category does LIC MF Focused Fund - Direct Plan - Growth belong to?+

LIC MF Focused Fund - Direct Plan - Growth is categorised as Equity Scheme - Focused Fund. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

How risky is LIC MF Focused Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 15.4%, LIC MF Focused Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is LIC MF Focused Fund - Direct Plan - Growth a direct plan?+

LIC MF Focused Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is LIC MF Focused Fund - Direct Plan - Growth?+

LIC MF Focused Fund - Direct Plan - Growth 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.