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Dynamic Asset Allocation or Balanced Advantage · Hybrid

LIC MF Unit Linked Insurance

LIC Mutual Fund Asset Management Limited
Benchmark
CRISIL Hybrid 35+65 - Aggressive Index
Riskometer
Very High
Size
₹420 cr
Allotted
19 Jun 1989
Holdings as of
30 Sep 2026

LIC MF Unit Linked Insurance is a dynamic asset allocation or balanced advantage fund of LIC Mutual Fund Asset Management Limited with ₹420 cr under management. It is ahead of its benchmark (CRISIL Hybrid 35+65 - Aggressive Index) in 1 of 4 periods. Its direct plan charges 1.80% a year. Pratik Harish Shroff has managed it for 3.0 years.

Has LIC MF Unit Linked Insurance beaten its benchmark?

Ahead of its benchmark, CRISIL Hybrid 35+65 - Aggressive Index, in 1 of 4 periods in AMFI's figures; −2.39% over the last year against −2.82%.

Official figures

AMFI performance feed, 13 Oct 2026
Ahead of its benchmark (CRISIL Hybrid 35+65 - Aggressive Index) in 1 of 4 periods.
PeriodDirectRegularBenchmarkAheadRank
1y −2.39%−3.37%−2.82% +0.43 🔒
3y +6.78%+5.69%+7.99% −1.21 🔒
5y +5.83%+4.80%+7.06% −1.23 🔒
10y +10.07%+8.99%+10.77% −0.70 🔒
Ahead in points a year · its rank among Dynamic Asset Allocation or Balanced Advantage funds, and how steady the lead is, in the app

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 Unit Linked Insurance cost?

1.80% a year on the direct plan, 2.79% on the regular plan; 28 of 30 funds in its category charge less.

Direct plan
1.80% a year
Category median 1.07%
Regular plan
2.79% a year
Category median 1.83%
Gap
0.99 points
for the same holdings
28 of 30 funds in its category charge less on the direct plan.
Expense report, Oct 2026 · Equity Scheme - ELSS

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 Unit Linked Insurance?

Siddharth Panjwani, since 1 Jul 2026; Pratik Harish Shroff, since 26 Sep 2023.

Siddharth Panjwani
Equity
0.3 years
since 1 Jul 2026
Pratik Harish Shroff
Debt
3.0 years
since 26 Sep 2023
Benchmark as filedCrisil Hybrid 35 + 65 - Aggressive Index
Exit load
Nil (Lock-in Period:- Repurchase after lock-in period of 3 years from the date of Investment.)
From 2 Scheme Summary Documents filed with NSE, first on 12 Apr 2026; as on 5 Jul 2026

What does LIC MF Unit Linked Insurance hold?

50 holdings as of 30 Sep 2026; the ten largest are 34.8% of the fund, the largest Divi's Laboratories Ltd. at 4.0%.

Mix

Holdings as of 30 Sep 2026
Equity90.4%Debt0.0%Cash9.6%Other0.0%
Holdings
50
48 shares
Top ten
34.8%
of the fund
Effective holdings
38.1
spread, as if equal-weighted
Matched to our table
84%
of the equity

Five largest

% of fund
Divi's Laboratories Ltd.4.00%
Bajaj Auto Ltd.3.97%
Sona BLW Precision Forgings Ltd.3.91%
Solar Industries India Ltd.3.88%
Torrent Pharmaceuticals Ltd.3.62%

Five largest industries

% of fund
Pharmaceuticals & Biotechnology13.1%
SOVEREIGN11.3%
Retailing9.70%
Auto Components7.50%
Chemicals & Petrochemicals7.20%

By company size

% of equity · SEBI size lists
Large Cap45.7%Mid Cap28.1%Small Cap26.1%

How does LIC MF Unit Linked Insurance 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 Unit Linked Insurance 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: 86% of it differs from the index (an active fund is usually above 60%).
Active share 86.0%60%

Funds that hold much the same

% of holdings in common
LIC MF EQUITY SAVINGS FUND36.8% the same
22 shared holdings
LIC MF AGGRESSIVE HYBRID FUND33.8% the same
20 shared holdings
LIC MF CHILDREN’S FUND30.6% the same
13 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 Unit Linked Insurance?

Siddharth Panjwani (Equity) since 1 Jul 2026; Pratik Harish Shroff (Debt) since 26 Sep 2023.

What is the expense ratio of LIC MF Unit Linked Insurance?

1.80% a year on the direct plan and 2.79% on the regular plan (expense report, Oct 2026).

How has LIC MF Unit Linked Insurance done?

Its direct plan returned +6.78% a year over 3 years against +7.99% for its benchmark, CRISIL Hybrid 35+65 - Aggressive Index, as of 13 Oct 2026.

Inside the app

See LIC MF Unit Linked Insurance beside your own funds in Valarth

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ScreenerEvery listed company, filtered on 212 figures, each with a plain-language lesson beside it.
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AI ScreenerAsk a question in plain English, like which companies benefit from India's Project 75. It reads the intent, builds the screen and writes the thesis.
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Valarth's Before the Bell edition, with the day's headline, regulator notes and sector moves.
Before the BellA morning edition before the market opens: what moved, which rule changed, and what it means for your holdings.

LIC MF Unit Linked Insurance in the app: beside your own funds, with what you own through them

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