LIC MF Value Fund
Direct · GrowthAI Summary
LIC MF Value Fund has delivered strong SIP XIRR of 17.73% (1Y), 17.17% (3Y), and 18.14% (5Y), beating the category averages of 11.71%, 17.03%, and 17.07% respectively. Against the NIFTY50 VALUE 20 benchmark, the fund has generated substantial alpha of 30.18% over 1Y, 13.97% over 3Y, and 8.03% over 5Y, with the benchmark posting a -12.66% CAGR in the 1Y period versus the fund's 17.71%. Long-term performance remains positive, with 7Y alpha of 6.25% and 15Y alpha of 2.54%, though the alpha magnitude has narrowed over longer horizons.
The fund shows a maximum drawdown of just -0.35% with a 45-day duration and 233-day recovery, indicating remarkably shallow recent drawdowns, though 6 drawdown events exceeding 10% have occurred historically. Downside capture is consistently below 100% across all periods (68.0% at 1Y, 82.63% at 3Y, 74.29% at 10Y), meaning the fund has lost significantly less than its benchmark in falling markets. Calmar ratios of 0.48 to 0.51 across 1Y to 5Y windows reflect solid risk-adjusted returns, supported by a declining beta profile (0.99 at 1Y down to 0.81 at 10Y).
The portfolio holds 47 stocks with the top 10 concentrated at roughly 33% of NAV, led by Tata Motors Passenger Vehicles at 6.1%. Auto-linked exposure is heavy, with Auto Components at 14.6%, Automobiles at 9.0%, and four of the top ten holdings from the auto components space (Tenneco, Gabriel, Schaeffler, Sansera). Banks (9.6%), Industrial Products (7.9%), and Pharmaceuticals (6.9%) provide some diversification beyond the dominant auto cycle.
The fund consistently outperforms category average SIP XIRR across 1Y, 3Y, 5Y, and 7Y horizons, with the widest gap at 1Y (17.73% vs 11.71%). Calendar year returns show strong consistency in up years (34.95% in 2021, 30.15% in 2024, 23.29% in 2023) but a negative 2025 at -6.82%. Its asymmetric capture profile — near or above 100% upside capture with downside capture in the 68-83% range — suggests genuine value-driven downside protection relative to peers and benchmark.
This fund suits investors seeking value-style equity exposure with a minimum 5-7 year horizon, given that its alpha advantage is most meaningful over medium-term windows and value cycles can take years to play out. It is appropriate for moderate risk tolerance investors who want lower downside capture than the benchmark, but they should be comfortable with sector concentration in autos and occasional negative years like 2025's -6.82%. A SIP route is reasonable given the fund's competitive SIP XIRR versus category averages across all measured periods.
- Consistent outperformance versus category average SIP XIRR across 1Y (17.73% vs 11.71%), 3Y (17.17% vs 17.03%), 5Y (18.14% vs 17.07%), and 7Y (16.41% vs 15.99%)
- Strong downside protection with downside capture of 68.0% (1Y) to 74.29% (10Y) versus the NIFTY50 VALUE 20 benchmark
- Positive alpha across every measured period from 1Y (30.18%) through 15Y (2.54%)
- Heavy auto-sector concentration, with Auto Components (14.6%) plus Automobiles (9.0%) totaling 23.6% and four of the top ten holdings in auto components
- Alpha has narrowed over longer horizons, from 30.18% at 1Y to 2.54% at 15Y, and 2025 delivered a negative -6.82% calendar year return
Generated on 13-10-2026, 3:11 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.76 L | 18.2% | -55.4% | 90.3% |
| 3 Years | ₹36.00 L | ₹45.77 L | 18.8% | 3.8% | 34.4% |
| 5 Years | ₹60.00 L | ₹90.03 L | 18.1% | 9.1% | 27.8% |
| 7 Years | ₹84.00 L | ₹1.48 Cr | 16.4% | 12.8% | 18.7% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY50 VALUE 20 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 18.2% | 14.9% | 11.7% | +3.3% |
| 3 Years | 18.8% | 12.9% | 17.0% | +5.9% |
| 5 Years | 18.1% | 13.5% | 17.0% | +4.6% |
| 7 Years | 16.4% | 13.3% | 16.0% | +3.1% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 17.0% | 12.9% | -31.4% | 87.6% | 0.50 | 1.52 | 81% | — | — |
| 3 Years | 18.2% | 18.0% | 10.0% | 31.0% | 3.57 | — | 100% | — | — |
| 5 Years | 18.0% | 17.5% | 11.9% | 27.4% | 3.49 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY50 VALUE 20
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +26.18 | 0.94 | 99.7% | 66.7% | 16.6% | -10.7% |
| 3 Years | +12.82 | 0.93 | 98.7% | 81.9% | 16.3% | 3.3% |
| 5 Years | +7.39 | 0.90 | 92.8% | 82.9% | 11.7% | 4.1% |
| 7 Years | +6.14 | 0.85 | 87.5% | 79.8% | 16.9% | 11.6% |
| 10 Years | +4.33 | 0.81 | 82.1% | 74.1% | 11.8% | 7.6% |
| 12 Years | +3.34 | 0.81 | 82.1% | 74.1% | 9.7% | 6.3% |
| 15 Years | +2.38 | 0.81 | 82.1% | 74.1% | 7.7% | 5.0% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Tata Motors Passenger Vehicles Ltd. | 6.10% |
| 2 | Tenneco Clean Air India Ltd. | 3.31% |
| 3 | Gabriel India Ltd. | 3.31% |
| 4 | Schaeffler India Ltd. | 3.00% |
| 5 | Foseco India Ltd. | 3.00% |
| 6 | Garware Hi-Tech Films Ltd. | 2.97% |
| 7 | Saregama India Ltd. | 2.94% |
| 8 | Sansera Engineering Ltd. | 2.93% |
| 9 | Hyundai Motor India Ltd. | 2.92% |
| 10 | Tata Motors Ltd. | 2.85% |