LIC MF MULTI CAP FUND

LIC Mutual FundEquityPortfolio as of 31 July 2026

LIC MF MULTI CAP FUND holds 66 instruments (95.42% equity), led by Garware Hi-Tech Films Limited (4.15%), ICICI Bank Limited (3.71%) and HDFC Bank Limited (3.01%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

Equity Allocation

95.42%

AMC

LIC Mutual Fund

Portfolio Analysis

LIC MF MULTI CAP FUND's top 10 holdings account for 25.92% of its portfolio, more diversified than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 24.22% of net assets, spread across 11 sectors in total. Since its 30 June 2026 disclosure, the fund added 1 new position and exited 2 positions, with ICICI Bank Limited seeing the largest move (+0.6pp to 3.71%).

Top 10 Equity Holdings

Garware Hi-Tech Films Limited · 4.15%ICICI Bank Limited · 3.71%HDFC Bank Limited · 3.01%Avalon Technologies Limited · 2.79%Kotak Mahindra Bank Limited · 2.74%Axis Bank Limited · 2.11%Lenskart Solutions Limited · 2%Bharat Forge Limited · 1.83%Sun Pharmaceutical Industries Limited · 1.82%SRF Limited · 1.76%

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

1 new entry2 exits10 increased10 reduced

New Entries

PB Fintech Limited · 1.4%

Complete Exits

Larsen & Toubro Limited · was 1.35%Apollo Hospitals Enterprise Limited · was 1.17%

Biggest Weight Increases

Stock	Weight	Change
ICICI Bank Limited	3.11% → 3.71%	▲ +0.6
HDFC Asset Management Company Limited	0.78% → 1.32%	▲ +0.54
Tata Motors Limited	1.34% → 1.74%	▲ +0.4
JSW Steel Limited	1.19% → 1.58%	▲ +0.39
Lenskart Solutions Limited	1.62% → 2%	▲ +0.38
One 97 Communications Limited	1.43% → 1.76%	▲ +0.33
Garware Hi-Tech Films Limited	3.88% → 4.15%	▲ +0.27
TVS Motor Company Limited	1.35% → 1.61%	▲ +0.26
SRF Limited	1.52% → 1.76%	▲ +0.24
Godfrey Phillips India Limited	1.08% → 1.31%	▲ +0.23

Biggest Weight Reductions

Stock	Weight	Change
HDFC Bank Limited	3.35% → 3.01%	▼ -0.34
Axis Bank Limited	2.41% → 2.11%	▼ -0.3
Shakti Pumps (India) Limited	1.59% → 1.36%	▼ -0.23
Tata Communications Limited	1.36% → 1.16%	▼ -0.2
Avalon Technologies Limited	2.96% → 2.79%	▼ -0.17
Cholamandalam Financial Holdings Limited	1.34% → 1.19%	▼ -0.15
Bharat Bijlee Limited	0.93% → 0.78%	▼ -0.15
InterGlobe Aviation Limited	1.77% → 1.63%	▼ -0.14
JSW Infrastructure Limited	1.75% → 1.62%	▼ -0.13
Persistent Systems Limited	1.24% → 1.11%	▼ -0.13

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

Garware Hi-Tech Films Limited

4.15%

ICICI Bank Limited

3.71%

HDFC Bank Limited

3.01%

Avalon Technologies Limited

2.79%

Kotak Mahindra Bank Limited

2.74%

Full Portfolio (66 holdings)

#	Holding	Sector	% to NAV
1	TREPStreps	—	4.95%
2	Garware Hi-Tech Films Limited	Industrials	4.15%
3	ICICI Bank Limited	Financial Services	3.71%
4	HDFC Bank Limited	Financial Services	3.01%
5	Avalon Technologies Limited	Industrials	2.79%
6	Kotak Mahindra Bank Limited	Financial Services	2.74%
7	Axis Bank Limited	Financial Services	2.11%
8	Lenskart Solutions Limited	Consumer Discretionary	2%
9	Bharat Forge Limited	Consumer Discretionary	1.83%
10	Sun Pharmaceutical Industries Limited	Healthcare	1.82%
11	SRF Limited	Materials	1.76%
12	One 97 Communications Limited	Financial Services	1.76%
13	Tata Motors Limited	Industrials	1.74%
14	ETERNAL LIMITED	Consumer Discretionary	1.68%
15	The Federal Bank Limited	Financial Services	1.66%
16	Pidilite Industries Limited	Materials	1.66%
17	Abbott India Limited	Healthcare	1.65%
18	InterGlobe Aviation Limited	Services	1.63%
19	Coromandel International Limited	Materials	1.62%
20	JSW Infrastructure Limited	Services	1.62%
21	Allied Blenders and Distillers Limited	Consumer Staples	1.62%
22	TVS Motor Company Limited	Consumer Discretionary	1.61%
23	JSW Steel Limited	Materials	1.58%
24	Schneider Electric Infrastructure Limited	Industrials	1.55%
25	Tata Consultancy Services Limited	Information Technology	1.52%
26	Maruti Suzuki India Limited	Consumer Discretionary	1.51%
27	Manorama Industries Limited	Consumer Staples	1.51%
28	Shriram Finance Limited	Financial Services	1.49%
29	Grasim Industries Limited	Materials	1.48%
30	State Bank of India	Financial Services	1.47%
31	Bharti Hexacom Limited	Telecommunication	1.46%
32	PB Fintech Limited	Financial Services	1.4%
33	Prestige Estates Projects Limited	Real Estate	1.39%
34	Arvind Fashions Limited	Consumer Discretionary	1.38%
35	Shakti Pumps (India) Limited	Industrials	1.36%
36	HDFC Asset Management Company Limited	Financial Services	1.32%
37	Godfrey Phillips India Limited	Consumer Staples	1.31%
38	Marico Limited	Consumer Staples	1.27%
39	BSE Limited	Financial Services	1.27%
40	Mahindra & Mahindra Limited	Consumer Discretionary	1.27%
41	GE Vernova T&D India Limited	Industrials	1.25%
42	Hindustan Aeronautics Limited	Industrials	1.24%
43	Samvardhana Motherson International Limited	Consumer Discretionary	1.23%
44	Oil India Limited	Energy	1.23%
45	EIH Limited	Consumer Discretionary	1.21%
46	Navin Fluorine International Limited	Materials	1.21%
47	Azad Engineering Limited	Industrials	1.21%
48	LG Electronics India Limited	Consumer Discretionary	1.2%
49	Cholamandalam Financial Holdings Limited	Financial Services	1.19%
50	Tata Communications Limited	Telecommunication	1.16%
51	Saregama India Limited	Consumer Discretionary	1.16%
52	UNO Minda Limited	Consumer Discretionary	1.11%
53	Persistent Systems Limited	Information Technology	1.11%
54	Carraro India Limited	Consumer Discretionary	1.1%
55	Max Financial Services Limited	Financial Services	1.09%
56	Dr. Agarwal's Health Care Limited	Healthcare	1.06%
57	Torrent Pharmaceuticals Limited	Healthcare	1.05%
58	Techno Electric & Engineering Company Limited	Industrials	0.89%
59	Bikaji Foods International Limited	Consumer Staples	0.79%
60	Bharat Bijlee Limited	Industrials	0.78%
61	Metro Brands Limited	Consumer Discretionary	0.77%
62	Gillette India Limited	Consumer Staples	0.75%
63	Kennametal India Limited	Industrials	0.68%
64	Divgi Torqtransfer Systems Limited	Consumer Discretionary	0.63%
65	DEE Development Engineers Limited	Industrials	0.61%
66	Net Receivables / (Payables)other	—	-0.4%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, Garware Hi-Tech Films Limited is 4.15% of LIC MF MULTI CAP FUND's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 3.71% of LIC MF MULTI CAP FUND's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 3.01% of LIC MF MULTI CAP FUND's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Avalon Technologies Limited is 2.79% of LIC MF MULTI CAP FUND's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, Kotak Mahindra Bank Limited is 2.74% of LIC MF MULTI CAP FUND's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: LIC Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.