LIC MF Technology Fund vs The Wealth Company Ethical Fund
Direct Plan, Growth option · Data as on 30-10-2026
LIC MF Technology Fund is a Thematic fund and The Wealth Company Ethical Fund is a Thematic fund. LIC MF Technology Fund charges 1.07% a year and The Wealth Company Ethical Fund 1.15% (Direct plans). Their portfolios overlap 22.5%: they hold 11 of the same securities.
The Wealth Company Ethical Fund
Thematic
- Expense ratio
- 1.15%
- NAV
- ₹9.08
Which is better, LIC MF Technology or The Wealth Company Ethical? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- LIC MF Technology costs less: 1.07% a year against 1.15% (Direct plans).
- LIC MF Technology fell less in its worst fall since 19-03-2026: −6.8% against −11.8%.
- LIC MF Technology holds more in large companies: 38.5% of the fund in large caps against 24.3%.
- LIC MF Technology is the larger fund: ₹90 Cr against ₹39 Cr.
- Their portfolios overlap 22.5%: 11 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | LIC MF Technology Fund | The Wealth Company Ethical Fund |
|---|---|---|
| Fund house | LIC Mutual Fund | The Wealth Company Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹90 Cr (30-09-2026) | ₹39 Cr (30-09-2026) |
| NAV | ₹11.33 (Direct) | ₹9.08 (Direct) |
| Expense ratio (Direct) | 1.07% | 1.15% |
| Expense ratio (Regular) | 2.81% | 2.76% |
| Riskometer | Very High | Very High |
| Benchmark | BSE Teck TRI | Nifty 500 Shariah TRI |
| Launch date | 13-03-2026 | 14-10-2025 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Sumit Bhatnagar, Siddharth Panjwani | Aparna Shanker, Saloni Kapadia |
| Exit load | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days. | 1% - If redeemed/switched out within 30 days from the date of allotment and Nil - if redeemed/switched out after 30 days from the date of allotment. |
LIC MF Technology vs The Wealth Company Ethical: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| LIC MF Technology Fund (Direct) | +5.11% | +1.54% | +8.31% | -- | -- | -- | -- |
| The Wealth Company Ethical Fund (Direct) | −3.99% | −7.72% | −4.58% | −9.45% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
LIC MF Technology vs The Wealth Company Ethical: Year-wise Returns
| Year | LIC MF TechnologyLIC MF Technology | The Wealth Company EthicalThe Wealth Company Ethical |
|---|---|---|
| 2026to date | -- | −8.29% |
LIC MF Technology vs The Wealth Company Ethical: Rolling Returns
Every holding period of both funds, against BSE TECK TRI, the benchmark of LIC MF Technology Fund
LIC MF Technology vs The Wealth Company Ethical: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | LIC MF Technology Fund (Direct) | The Wealth Company Ethical Fund (Direct) |
|---|---|---|
| Return (CAGR) | +22.17% | −8.97% |
| Standard deviation | 12.78% | 14.60% |
| Sharpe ratio | 1.32 | -0.98 |
| Sortino ratio | 1.95 | -1.27 |
| Maximum drawdown | −6.8% (30-09-2026) | −14.7% (23-03-2026) |
| Beta | 0.53 | 1.02 |
| Alpha | +9.83% | −3.17% |
From daily NAVs, 19-03-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
LIC MF Technology Fund (Direct)
The Wealth Company Ethical Fund (Direct)
BSE TECK TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| LIC MF Technology Fund (Direct) | −6.8% | 28-08-2026 | 30-09-2026 | Not yet | -- | −2.1% |
| The Wealth Company Ethical Fund (Direct) | −11.8% | 28-08-2026 | 23-10-2026 | Not yet | -- | −10.4% |
| BSE TECK TRI | −11.5% | 08-04-2026 | 01-07-2026 | 29-07-2026 | 28 days | 0.0% |
From daily values since 19-03-2026, the first day every fund has.
LIC MF Technology vs The Wealth Company Ethical: Portfolio Overlap
From each fund's latest monthly portfolio: LIC MF Technology Fund, September 2026; The Wealth Company Ethical Fund, September 2026
Holdings in common
- Overlap
- 22.5%
- Held by both
- 11
- Only in LIC MF Technology
- 19
- Only in The Wealth Company Ethical
- 41
| Security | % of LIC MF Technology | % of The Wealth Company Ethical |
|---|---|---|
| Tata Consultancy Services Ltd. | 4.79% | 2.87% |
| Tech Mahindra Ltd. | 5.10% | 2.85% |
| Coforge Ltd. | 3.01% | 2.84% |
| Infosys Ltd. | 7.38% | 2.53% |
| Apar Industries Ltd. | 2.17% | 2.65% |
| Persistent Systems Ltd. | 6.48% | 2.01% |
| Cummins India Ltd. | 1.63% | 2.84% |
| GE Vernova T&D India Limited | 1.56% | 2.99% |
| Schneider Electric Infrastructure Ltd. | 1.49% | 1.83% |
| Mphasis Ltd. | 2.87% | 1.37% |
| BSE Ltd. | 2.55% | 1.18% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 22.5% means 22.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in LIC MF Technology Fund
| Security | % of fund |
|---|---|
| Bharti Airtel Ltd. | 9.04% |
| Eternal Ltd. | 5.51% |
| Rategain Travel Technologies Ltd. | 3.98% |
| Tata Communications Ltd. | 3.63% |
| Multi Commodity Exchange Of India Ltd. | 3.63% |
Largest holdings only in The Wealth Company Ethical Fund
| Security | % of fund |
|---|---|
| Jyoti Cnc Automation Ltd | 3.96% |
| Netweb Technologies India Limited | 3.49% |
| Marico Limited | 2.90% |
| Redington Limited | 2.90% |
| Amber Enterprises India Limited | 2.88% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | LIC MF Technology | The Wealth Company Ethical |
|---|---|---|
| Equity | 87.6% | 93.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 12.4% | 6.4% |
Market cap of stocks
| Market cap | LIC MF Technology | The Wealth Company Ethical |
|---|---|---|
| Large Cap | 38.5% | 24.3% |
| Mid Cap | 35.2% | 32.9% |
| Small Cap | 13.5% | 35.1% |
| Not on AMFI's list | 0.4% | 1.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | LIC MF Technology | The Wealth Company Ethical |
|---|---|---|
| IT - Software | 33.6% | 14.5% |
| Telecom - Services | 14.3% | 0.0% |
| Retailing | 11.7% | 5.1% |
| Auto Components | 0.0% | 11.6% |
| Electrical Equipment | 6.4% | 7.9% |
| Consumer Durables | 2.1% | 7.4% |
| Capital Markets | 6.6% | 2.3% |
| Industrial Manufacturing | 0.0% | 6.1% |
| Industrial Products | 2.4% | 5.7% |
| IT - Services | 3.6% | 3.5% |
The six largest sectors of each fund's stocks, % of the fund.
LIC MF Technology vs The Wealth Company Ethical: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | LIC MF Technology Fund | The Wealth Company Ethical Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.07% | 1.15% |
| Base expense ratio (Direct) | 0.62% | 0.61% |
| Total expense ratio (Regular) | 2.81% | 2.76% |
| Base expense ratio (Regular) | 2.10% | 2.01% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare LIC MF Technology with
Compare The Wealth Company Ethical with
LIC MF Technology Fund vs The Wealth Company Ethical Fund: Frequently Asked Questions
What is the difference between LIC MF Technology Fund and The Wealth Company Ethical Fund?
LIC MF Technology Fund is a Thematic fund, The Wealth Company Ethical Fund is a Thematic fund, run by LIC Mutual Fund and The Wealth Company Mutual Fund. Their portfolios overlap 22.5%. LIC MF Technology Fund charges 1.07% a year and The Wealth Company Ethical Fund 1.15%.
Which has the lower expense ratio, LIC MF Technology Fund or The Wealth Company Ethical Fund?
LIC MF Technology Fund charges less: 1.07% a year against 1.15%. These are the Direct plans' total expense ratios reported to AMFI.
How much do LIC MF Technology Fund and The Wealth Company Ethical Fund overlap?
22.5%. They hold 11 of the same securities, the largest shared ones being TCS, TECHM, COFORGE. From each fund's latest monthly portfolio.
Which is riskier, LIC MF Technology Fund or The Wealth Company Ethical Fund?
On SEBI's riskometer, LIC MF Technology Fund is rated Very High and The Wealth Company Ethical Fund Very High. Over their common history, the standard deviation of daily returns was 12.78% and 14.60% a year.
Can I invest in both LIC MF Technology Fund and The Wealth Company Ethical Fund?
Yes. 22.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages LIC MF Technology Fund and The Wealth Company Ethical Fund?
LIC MF Technology Fund: Sumit Bhatnagar, Siddharth Panjwani. The Wealth Company Ethical Fund: Aparna Shanker, Saloni Kapadia.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.