Sectoral / Thematic · Equity

LIC MF Technology Fund

LIC Mutual Fund Asset Management Limited

Benchmark

BSE Teck TRI

Riskometer

Very High

Size

₹94 cr

Allotted

13 Mar 2026

Holdings as of

30 Sep 2026

LIC MF Technology Fund is a sectoral / thematic fund of LIC Mutual Fund Asset Management Limited with ₹94 cr under management. Its direct plan charges 1.07% a year. Sumit Bhatnagar has managed it for 0.5 years.

Has LIC MF Technology Fund beaten its benchmark?

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.47%	−1.30%	—
3 months	+2.65%	−4.28%	—
6 months	+6.21%	−1.46%	—
1 year	—	−4.25%	—
3 years	—	+9.50%	—
5 years	—	+8.14%	—
10 years	—	+12.76%	—
Since start from 19 Mar 2026	—	—	—

Valarth price history to 15 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 14 Oct 2026

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	—	—	—	—	—
3y	—	—	—	—	—
5y	—	—	—	—	—
10y	—	—	—	—	—

Ahead in points a year · its rank among Sectoral / Thematic funds, and how steady the lead is, in the app

Value of 100, month-end

Mar 2026 to 15 Oct 2026

Fund 112Nifty 500 TRI 109

₹100 put in at the start of Mar 2026 would be ₹112 on 15 Oct 2026, against ₹109 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does LIC MF Technology Fund cost?

1.07% a year on the direct plan, 2.81% on the regular plan; 58 of 174 funds in its category charge less.

Direct plan

1.07% a year

Category median 1.22%

Regular plan

2.81% a year

Category median 2.38%

Gap

1.74 points

for the same holdings

58 of 174 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Equity Scheme - Sectoral/ Thematic

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages LIC MF Technology Fund?

Sumit Bhatnagar, since 7 Apr 2026; Siddharth Panjwani, since 1 Jul 2026.

Sumit Bhatnagar

0.5 years

since 7 Apr 2026

Siddharth Panjwani

0.3 years

since 1 Jul 2026

Benchmark as filedBSE TECk (TRI)

Exit load

1. If units of the Scheme are redeemed / switched-out within 90 days from the date of allotment: a. Upto 12% of the units: No exit load will be levied b. Above 12% of the units: exit load of 1% will be levied 2. If units of the Scheme are redeemed / switched-out after 90 days from the date of allotment: No exit load will be levied.

From 7 Scheme Summary Documents filed with NSE, first on 24 Mar 2026; as on 31 Aug 2026

What does LIC MF Technology Fund hold?

32 holdings as of 30 Sep 2026; the ten largest are 52.5% of the fund, the largest Bharti Airtel Ltd. at 9.0%.

Mix

Holdings as of 30 Sep 2026

Equity87.6%Debt0.0%Cash12.4%Other0.0%

Holdings

30 shares

Top ten

52.5%

of the fund

Effective holdings

20.3

spread, as if equal-weighted

Matched to our table

100%

of the equity

Five largest

% of fund

Bharti Airtel Ltd.9.04%

Infosys Ltd.7.38%

Persistent Systems Ltd.6.48%

Eternal Ltd.5.51%

Tech Mahindra Ltd.5.10%

Five largest industries

% of fund

IT - Software38.4%

Telecom - Services16.4%

Retailing13.4%

Capital Markets7.50%

Electrical Equipment7.30%

By company size

% of equity · SEBI size lists

Large Cap44.4%Mid Cap40.2%Small Cap15.4%

How does LIC MF Technology Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is LIC MF Technology Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker

Nearest to the Nifty 50: 85% of it differs from the index (an active fund is usually above 60%).

Active share 85.2%60%

Funds that hold much the same

% of holdings in common

Invesco India Technology Fund54.0% the same

13 shared holdings

HDFC Nifty India Digital Index Fund51.0% the same

15 shared holdings

Kotak Technology Fund50.4% the same

12 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages LIC MF Technology Fund?

Sumit Bhatnagar (manager) since 7 Apr 2026; Siddharth Panjwani (manager) since 1 Jul 2026.

What is the expense ratio of LIC MF Technology Fund?

1.07% a year on the direct plan and 2.81% on the regular plan (expense report, Oct 2026).