LIC MF Healthcare Fund

ThematicDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

LIC MF Healthcare Fund is a Thematic fund run by LIC Mutual Fund. On 30-09-2026, it managed ₹99 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 22.4% a year and its Regular plan returned 20.9% a year. Its benchmark, BSE Healthcare TRI, returned 23.0% a year over the same 3 years.

NAV (Direct plan): ₹36.37; ▲ 0.80%30-10-2026
NAV (Regular plan): ₹32.77; ▲ 0.80%30-10-2026
Expense ratio: 1.38%Direct2.68%Regular; 1.38%; A year
Riskometer: Very High; Set by the fund house
3 year return: 22.4%Direct20.9%Regular; 22.4%; A year

LIC MF Healthcare Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹36.37 (up 0.80% that day); Regular Plan Growth ₹32.77 (up 0.80% that day).

This fund (Direct plan)

₹36.3749

LIC MF Healthcare Fund Returns vs BSE Healthcare TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.28%	−0.59%	+12.42%	+10.96%	+22.45%	--	--
This fund (Regular)	−0.39%	−0.91%	+11.69%	+9.50%	+20.91%	--	--
BSE Healthcare TRI	+0.24%	−0.99%	+12.80%	+12.37%	+23.01%	+15.61%	+12.48%
Thematic average	−2.09%	−4.52%	+0.86%	−1.22%	+13.76%	--	--
Best in Thematic	+11.54%	+11.27%	+22.16%	+75.71%	+54.78%	--	--
Worst in Thematic	−16.05%	−11.74%	−13.97%	−22.44%	−4.46%	--	--
Rank in Thematic	44/235	39/232	20/232	24/215	10/133	--	--

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.

LIC MF Healthcare Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	BSE Healthcare TRI
2026to date	+13.82%	+12.56%	+15.08%
2025	−3.21%	−4.39%	−2.72%
2024	+43.90%	+42.13%	+44.30%

LIC MF Healthcare Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 61 periods, one for each trading day from 31-07-2026 to 30-10-2026.

0%5%10%15%20%25%

Aug 2023
to
Aug 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026Oct 2023
to
Oct 2026

LIC MF Healthcare Fund (Direct)BSE Healthcare TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	555	14.2%	−5.6%	64.4%	12%	13.6%	36%
2 years	306	13.9%	3.2%	29.1%	0%	14.7%	24%
3 years	61	22.3%	19.7%	24.1%	0%	22.7%	26%

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	28	9.4%	−8.3%	62.1%	11%	10.6%	32%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE Healthcare TRI over the same days. Past returns do not promise future returns.

LIC MF Healthcare Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	LIC MF Healthcare Fund (Direct)This fund	BSE Healthcare TRI
Return (CAGR)	+10.96%	+12.37%
Standard deviation	13.57%	13.56%
Sharpe ratio	0.42	0.53
Sortino ratio	0.60	0.77
Maximum drawdown	−11.0% (23-10-2026)	−9.9% (23-10-2026)
Beta	0.95	1.00
Alpha	−1.03%	0.00%

From daily NAVs, 30-10-2025 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	LIC MF Healthcare Fund (Direct)This fund	BSE Healthcare TRI
Return (CAGR)	+22.45%	+23.01%
Standard deviation	14.05%	14.12%
Sharpe ratio	1.17	1.20
Sortino ratio	1.66	1.71
Maximum drawdown	−15.1% (28-02-2025)	−16.2% (28-02-2025)
Beta	0.94	1.00
Alpha	+0.43%	0.00%

From daily NAVs, 30-10-2023 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	LIC MF Healthcare Fund (Direct)This fund	BSE Healthcare TRI
Return (CAGR)	+19.73%	+20.65%
Standard deviation	13.85%	13.96%
Sharpe ratio	0.98	1.04
Sortino ratio	1.39	1.48
Maximum drawdown	−15.1% (28-02-2025)	−16.2% (28-02-2025)
Beta	0.94	1.00
Alpha	−0.06%	0.00%

From daily NAVs, 31-07-2023 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

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.

−20%−15%−10%−5%0%

202420252026

LIC MF Healthcare Fund (Direct)BSE Healthcare TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
LIC MF Healthcare Fund (Direct)	−15.1%	05-12-2024	28-02-2025	06-05-2026	14 months	−5.5%
BSE Healthcare TRI	−16.2%	02-01-2025	28-02-2025	29-07-2025	5 months	−3.8%

From the Direct plan's daily NAV since 31-07-2023, adjusted for unit splits, and BSE Healthcare TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

LIC MF Healthcare Fund vs Other Thematic Funds

The five Thematic funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Nippon India Taiwan Equity Fund	1/133	1,147	1.08%	+75.71%	+54.78%	--	--	1.38	2.03	Compare
HDFC Defence Fund	2/133	11,493	0.90%	+13.79%	+34.76%	−0.18%	0.83	1.12	1.54	Compare
HDFC Pharma and Healthcare Fund	3/133	3,501	1.05%	+23.12%	+30.53%	+8.23%	0.96	1.74	2.49	Compare
SBI Healthcare Opportunities Fund	4/133	5,870	1.01%	+17.12%	+24.60%	+3.61%	0.88	1.42	2.03	Compare
Aditya Birla Sun Life International Equity Fund	5/133	352	2.00%	+13.97%	+24.46%	--	--	1.49	2.16	Compare
LIC MF Healthcare Fund	10/133	99	1.38%	+10.96%	+22.45%	+0.43%	0.94	1.17	1.66

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

LIC MF Healthcare Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	0.97%	0.08%	0.00%	0.33%	1.38%	1.18%	167/235
Regular	2.10%	0.08%	0.00%	0.50%	2.68%	2.41%	179/235

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	9.50%	10.96%	1.46%	₹1,09,500	₹1,10,960
3 years	20.91%	22.45%	1.54% a year	₹1,76,761	₹1,83,602

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

LIC MF Healthcare Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 31-07-2023 to 30-10-2026: 40 instalments, ₹4,00,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planLIC MF Healthcare Fund (Direct)	₹4,00,000	₹5,13,566	₹1,13,566	15.2%
Regular planLIC MF Healthcare Fund (Regular)	₹4,00,000	₹5,01,548	₹1,01,548	13.7%
BSE Healthcare TRI	₹4,00,000	₹5,20,476	₹1,20,476	16.0%
Category averageCategory average, 235 Thematic funds	₹4,00,000	₹4,48,623	₹48,623	6.8%

₹0₹2.0 L₹4.0 L₹6.0 L

202420252026

Direct planLIC MF Healthcare Fund (Direct)Regular planLIC MF Healthcare Fund (Regular)BSE Healthcare TRICategory averageCategory average, 235 Thematic fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

LIC MF Healthcare Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

97.5%Equity

Asset	Fund	Category
Equity	97.5%	94.5%
Cash and others	2.5%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	30.4%	45.7%
Mid Cap	32.0%	19.6%
Small Cap	35.1%	24.1%

Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

LIC MF Healthcare Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Pharmaceuticals & Biotechnology61.3%
Healthcare Services31.2%
Chemicals & Petrochemicals5.0%

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Pharmaceuticals & Biotechnology	62.6%	62.7%	61.3%	−1.3%
Healthcare Services	29.1%	30.1%	31.2%	+2.1%
Chemicals & Petrochemicals	5.2%	5.7%	5.0%	−0.2%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

LIC MF Healthcare Fund Portfolio Holdings

As on 30-09-2026 · 25 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals & Biotechnology	9.59%	0.0%
Divi's Laboratories Ltd.	Pharmaceuticals & Biotechnology	9.07%	−4.1%
Neuland Laboratories Ltd.	Pharmaceuticals & Biotechnology	6.14%	0.0%
Torrent Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	6.04%	−4.8%
Apollo Hospitals Enterprise Ltd.	Healthcare Services	5.75%	−3.0%
Aurobindo Pharma Ltd.	Pharmaceuticals & Biotechnology	5.23%	0.0%
Navin Fluorine International Ltd.	Chemicals & Petrochemicals	4.98%	−10.7%
Zydus Lifesciences Ltd.	Pharmaceuticals & Biotechnology	4.97%	0.0%
Aster DM Quality Care Ltd.	Healthcare Services	4.61%	0.0%
Fortis Healthcare Ltd.	Healthcare Services	3.77%	+12.9%
Metropolis Healthcare Ltd.	Healthcare Services	3.35%	+9.6%
Gland Pharma Ltd.	Pharmaceuticals & Biotechnology	3.20%	−21.8%
Mankind Pharma Ltd.	Pharmaceuticals & Biotechnology	3.11%	0.0%
Nephrocare Health Services Ltd.	Healthcare Services	3.05%	New
Max Healthcare Institute Ltd.	Healthcare Services	2.99%	+26.6%
Cohance Lifesciences Ltd.	Pharmaceuticals & Biotechnology	2.95%	0.0%
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	2.61%	−7.5%
Global Health Ltd.	Healthcare Services	2.59%	−15.2%
Dr Agarwal's Health Care Ltd.	Healthcare Services	2.46%	0.0%
Biocon Ltd.	Pharmaceuticals & Biotechnology	2.37%	0.0%
IPCA Laboratories Ltd.	Pharmaceuticals & Biotechnology	2.33%	−27.7%
Onesource Specialty Pharma Ltd.	Pharmaceuticals & Biotechnology	2.30%	0.0%
Piramal Pharma Ltd.	Pharmaceuticals & Biotechnology	1.43%	New
Syngene International Ltd.	Healthcare Services	1.38%	+49.6%
Artemis Medicare Services Ltd.	Healthcare Services	1.26%	−61.3%

LIC MF Healthcare Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Divi's Laboratories Ltd.	Reduced	−4.1%	9.07%
Torrent Pharmaceuticals Ltd.	Reduced	−4.8%	6.04%
Apollo Hospitals Enterprise Ltd.	Reduced	−3.0%	5.75%
Navin Fluorine International Ltd.	Reduced	−10.7%	4.98%
Gland Pharma Ltd.	Reduced	−21.8%	3.20%
Fortis Healthcare Ltd.	Added	+12.9%	3.77%
Metropolis Healthcare Ltd.	Added	+9.6%	3.35%
Global Health Ltd.	Reduced	−15.2%	2.59%
IPCA Laboratories Ltd.	Reduced	−27.7%	2.33%
Nephrocare Health Services Ltd.	New	New	3.05%
Max Healthcare Institute Ltd.	Added	+26.6%	2.99%
Artemis Medicare Services Ltd.	Reduced	−61.3%	1.26%
Glenmark Pharmaceuticals Ltd.	Reduced	−7.5%	2.61%
Piramal Pharma Ltd.	New	New	1.43%
Syngene International Ltd.	Added	+49.6%	1.38%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What LIC MF Healthcare Fund bought and sold

LIC MF Healthcare Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
ITI Pharma and Healthcare FundThematic · ITI	60.2%	20	Compare
Mirae Asset Nifty 500 Healthcare ETFETF · Mirae Asset	57.7%	20	Compare
Mirae Asset Healthcare FundThematic · Mirae Asset	56.9%	14	Compare
DSP Nifty Healthcare Index FundIndex · DSP	55.4%	13	Compare
ICICI Prudential Nifty Healthcare ETFETF · ICICI Prudential	55.4%	13	Compare
Axis NIFTY Healthcare ETFETF · Axis	55.4%	13	Compare
DSP Nifty Healthcare ETFETF · DSP	55.4%	13	Compare
Aditya Birla Sun Life Nifty Healthcare ETFETF · Aditya Birla Sun Life	55.4%	13	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

LIC MF Healthcare Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.38%
Expense ratio (Regular): 2.68%
Category: Thematic
Risk: Very High
Benchmark: BSE Healthcare TRI
Launch date: 28-02-2019
Minimum investment: ₹5,000
Minimum additional investment: ₹500
AUM: ₹99.36 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 152024
ISIN (Direct): INF397L01LK4
Scheme code (Regular): 152025
ISIN (Regular): INF397L01LG2
NAV history: From 31-07-2023, 3.2 years

Exit load: Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 90 days from the date of allotment. 1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 90 days from the date of allotment. Nil, If units of scheme are redeemed or switched out after 90 days from the date of allotment.

Tax on LIC MF Healthcare Fund returns

LIC MF Healthcare Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹36.3749	30-10-2026
direct	IDCW	₹36.363	30-10-2026
regular	Growth	₹32.7711	30-10-2026
regular	IDCW	₹32.7716	30-10-2026

About LIC MF Healthcare Fund

LIC MF Healthcare Fund is a mutual fund from LIC Mutual Fund. Its category is Thematic. It was launched on 28-02-2019. Its benchmark is BSE Healthcare TRI. At the end of September 2026 it held 25 securities.

Fund Manager

Sudhanshu Asthana
Fund manager of LIC MF Healthcare Fund, since 07-04-2026
Dhaval Sangoi
Fund manager of LIC MF Healthcare Fund, since 01-09-2026

See all funds of LIC Mutual Fund

AUM change

September 2026: ₹99.36 Cr; −3.64% from August 2026
August 2026: ₹103.11 Cr; +5.58% from July 2026
July 2026: ₹97.66 Cr; +5.52% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare LIC MF Healthcare Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

LIC MF Healthcare vs Nippon India Taiwan EquityThematic
LIC MF Healthcare vs HDFC DefenceThematic
LIC MF Healthcare vs HDFC Pharma and HealthcareThematic
LIC MF Healthcare vs SBI Healthcare OpportunitiesThematic
LIC MF Healthcare vs Aditya Birla Sun Life International EquityThematic
LIC MF Healthcare vs ITI Pharma and Healthcare60.2% overlap
LIC MF Healthcare vs Mirae Asset Nifty 500 Healthcare ETF57.7% overlap
LIC MF Healthcare vs Mirae Asset Healthcare56.9% overlap

Compare with any other fund

Frequently Asked Questions for LIC MF Healthcare Fund

What is the current NAV of LIC MF Healthcare Fund?

The Direct plan NAV is ₹36.3749. The Regular plan NAV is ₹32.7711, as on 30-10-2026.

What are the returns of LIC MF Healthcare Fund?

The Direct plan returned +10.96% in 1 year, +22.45% a year over 3 years. The Regular plan returned +9.50% in 1 year, +20.91% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of LIC MF Healthcare Fund?

The Direct plan charges 1.38% a year. The Regular plan charges 2.68% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of LIC MF Healthcare Fund?

LIC MF Healthcare Fund managed ₹99.36 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of LIC MF Healthcare Fund?

At the end of September 2026 the largest holdings were SUNPHARMA (9.59%), DIVISLAB (9.07%), NEULANDLAB (6.14%), TORNTPHARM (6.04%), APOLLOHOSP (5.75%). The fund held 25 securities in all.

What did LIC MF Healthcare Fund buy and sell in September 2026?

It bought 2 new stocks: Piramal Pharma Ltd, Nephrocare Health Services Ltd. It added shares in 4. It reduced 9.

How do I invest in LIC MF Healthcare Fund?

Through LIC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.

Who is the fund manager of LIC MF Healthcare Fund?

Sudhanshu Asthana (since 07-04-2026), Dhaval Sangoi (since 01-09-2026).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.