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    LIC MF Unit Linked Insurance Scheme (ULIS)

    ELSSDirect and Regular plans, IDCW option

    Data as on 30-10-2026

    LIC MF Unit Linked Insurance Scheme (ULIS) is an ELSS fund run by LIC Mutual Fund. On 30-09-2026, it managed ₹424 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.1% a year and its Regular plan returned 6.0% a year.

    NAV (Direct plan)
    ₹39.28
    ▼ 0.41%30-10-2026
    NAV (Regular plan)
    ₹34.87
    ▼ 0.42%30-10-2026
    Expense ratio
    1.80%Direct2.79%Regular
    Riskometer
    Very High
    Set by the fund house
    3 year return
    7.1%Direct6.0%Regular

    LIC MF Unit Linked Insurance Scheme (ULIS) NAV Today

    NAV on 30-10-2026: Direct Plan ₹39.28 (down 0.41% that day); Regular Plan ₹34.87 (down 0.42% that day).

    LIC MF Unit Linked Insurance Scheme (ULIS) Returns vs ELSS Funds

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

    Trailing returns
    Period1M3M6M1Y3Y5Y10Y
    This fund (Direct)−2.20%−4.03%+0.42%−4.81%+7.06%+6.23%+9.91%
    This fund (Regular)−2.28%−4.27%−0.10%−5.77%+5.96%+5.20%+8.83%
    ELSS average−2.34%−5.61%−1.63%−5.75%+10.92%+10.29%+13.05%
    Best in ELSS+1.27%−1.66%+5.11%+2.97%+19.52%+15.67%+19.15%
    Worst in ELSS−8.36%−10.02%−7.36%−11.32%+2.93%+5.27%+9.91%
    Rank in ELSS28/5012/5012/5021/5046/4941/4327/27

    Category rows compare the Direct plans of 50 ELSS funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Hybrid 35+65 - Aggressive Index. Returns of that index are not available to us, so the category average is the comparison.

    LIC MF Unit Linked Insurance Scheme (ULIS) Year-wise Returns

    Return of each calendar year
    YearDirectRegular
    2026to date−3.48%−4.29%
    2025+3.67%+2.60%
    2024+12.96%+11.77%
    2023+17.69%+16.65%
    2022+1.20%+0.29%
    2021+26.69%+25.70%

    LIC MF Unit Linked Insurance Scheme (ULIS) 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 2,060 periods, one for each trading day from 18-06-2018 to 30-10-2026.

    −10%0%10%20%30%40%
    Feb 2016
    to
    Feb 2019
    Jul 2017
    to
    Jul 2020
    Dec 2018
    to
    Dec 2021
    May 2020
    to
    May 2023
    Oct 2021
    to
    Oct 2024
    Feb 2023
    to
    Feb 2026
    LIC MF Unit Linked Insurance Scheme (ULIS) (Direct)Category average, 49 ELSS funds

    Every holding period at a glance

    PeriodPeriodsMedianLowestHighestWith a lossCategory medianBeat category
    1 year2,5559.5%−21.0%58.2%17%10.7%30%
    2 years2,30811.3%−7.8%39.3%6%15.9%23%
    3 years2,06011.4%−1.3%23.2%0%16.6%19%
    5 years1,57412.1%3.6%20.4%0%15.6%0%
    7 years1,07611.5%8.5%13.8%0%15.9%0%
    10 years33910.8%9.4%12.2%0%15.1%0%

    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 category" counts the periods in which the fund did better than the average of the 49 ELSS funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

    LIC MF Unit Linked Insurance Scheme (ULIS) Risk

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

    Risk and return

    MeasureLIC MF Unit Linked Insurance Scheme (ULIS) (Direct)This fundCategory average
    Return (CAGR)+7.06%+11.11%
    Standard deviation10.48%13.75%
    Sharpe ratio0.100.37
    Sortino ratio0.140.50
    Maximum drawdown−13.9% (30-03-2026)−18.6% (03-03-2025)

    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.

    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.

    −40%−30%−20%−10%0%
    201620182020202220242026
    LIC MF Unit Linked Insurance Scheme (ULIS) (Direct)Category average, 49 ELSS funds
    Worst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    LIC MF Unit Linked Insurance Scheme (ULIS) (Direct)−31.0%12-02-202023-03-202003-12-20208 months−6.8%
    Category average−35.9%12-02-202023-03-202009-11-20208 months−7.5%

    From the Direct plan's daily NAV since 16-06-2015, adjusted for unit splits, and the average of the 49 ELSS funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

    LIC MF Unit Linked Insurance Scheme (ULIS) vs Other ELSS Funds

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

    Fund nameRankAUM (Cr)Exp. ratio1Y return3Y return3Y alpha3Y beta3Y Sharpe3Y Sortino
    Motilal Oswal ELSS Tax Saver Fund1/494,8900.97%+0.93%+19.52%+8.70%1.140.700.95Compare
    SBI Long Term Advantage Fund - Series V2/493661.27%−5.06%+18.92%+9.24%0.940.851.18Compare
    JM ELSS - Tax Saver Fund3/492401.34%−1.27%+15.60%+5.41%1.080.600.80Compare
    WhiteOak Capital ELSS Tax Saver Fund4/494810.86%−2.32%+15.53%+5.78%0.960.670.92Compare
    HSBC ELSS Tax saver Fund5/493,9741.22%−3.32%+15.09%+4.39%1.120.550.74Compare
    LIC MF Unit Linked Insurance Scheme (ULIS)46/494241.80%−4.81%+7.06%----0.100.14

    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 Unit Linked Insurance Scheme (ULIS) Expense Ratio and Costs

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

    PlanBase expense ratioBrokerageTransaction costsLevies and GSTTotal expense ratioELSS medianCost rank (1 = cheapest)
    Direct1.19%0.13%0.01%0.47%1.80%1.11%47/49
    Regular2.10%0.13%0.01%0.55%2.79%1.96%47/50

    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 ELSS 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 lastRegularDirectDirect earned more by₹1 lakh became (Regular)₹1 lakh became (Direct)
    1 year−5.77%−4.81%0.96%₹94,230₹95,190
    3 years5.96%7.06%1.10% a year₹1,18,967₹1,22,710
    5 years5.20%6.23%1.03% a year₹1,28,848₹1,35,281
    10 years8.83%9.91%1.08% a year₹2,33,070₹2,57,260

    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 Unit Linked Insurance Scheme (ULIS) 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

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 16-06-2015 to 30-10-2026: 137 instalments, ₹13,70,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Direct planLIC MF Unit Linked Insurance Scheme (ULIS) (Direct) ₹13,70,000 ₹23,89,476 ₹10,19,476 9.3%
    Category averageCategory average, 49 ELSS funds ₹13,70,000 ₹30,92,831 ₹17,22,831 13.5%
    ₹0₹10.0 L₹20.0 L₹30.0 L₹40.0 L
    201620182020202220242026
    Direct planLIC MF Unit Linked Insurance Scheme (ULIS) (Direct)Category averageCategory average, 49 ELSS fundsAmount invested

    From each plan's published NAV (Growth option) 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 Unit Linked Insurance Scheme (ULIS) Asset Allocation

    Asset allocation as on 30-09-2026

    What the fund holds

    76.3%Equity

    AssetFundCategory
    Equity76.3%96.3%
    Debt14.1%0.6%
    Cash and others9.6%3.1%

    Market cap of stocks

    Market capFundCategory
    Large Cap33.0%47.5%
    Mid Cap19.6%18.4%
    Small Cap19.9%29.4%
    Not on AMFI's list3.9%1.2%

    Share of the whole fund. Category: the average of the ELSS 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.

    Credit rating

    Bonds and money market papers by credit rating, % of the fund. Category: the average of 49 ELSS funds.

    RatingFundCategory
    Sovereign10.3%0.2%
    AAA and A1+3.9%0.1%

    LIC MF Unit Linked Insurance Scheme (ULIS) Sector Allocation

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

    Largest sectors

    1. Pharmaceuticals & Biotechnology11.8%

    2. Retailing8.8%

    3. Auto Components6.8%

    4. Chemicals & Petrochemicals6.5%

    5. Electrical Equipment5.4%

    6. Banks4.5%

    7. Automobiles4.0%

    8. Telecom - Services3.3%

    9. Finance3.2%

    10. Consumer Durables3.1%

    The ten largest of 20 sectors. The other 10 add up to 19.0%.

    Sector changes

    SectorJuly 2026August 2026September 2026Change
    Pharmaceuticals & Biotechnology9.9%10.5%11.8%+1.9%
    Retailing11.8%8.7%8.8%−3.0%
    Auto Components1.7%4.6%6.8%+5.1%
    Chemicals & Petrochemicals5.0%6.4%6.5%+1.5%
    Electrical Equipment2.8%5.6%5.4%+2.6%

    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 Unit Linked Insurance Scheme (ULIS) Portfolio Holdings

    As on 30-09-2026 · 48 holdings · from the fund house's monthly portfolio

    HoldingsSector / RatingWeight%Holdings trend1M change
    Divi's Laboratories Ltd.Pharmaceuticals & Biotechnology4.00%0.0%
    Bajaj Auto Ltd.Automobiles3.97%+13.1%
    Sona BLW Precision Forgings Ltd.Auto Components3.91%+106.2%
    Solar Industries India Ltd.Chemicals & Petrochemicals3.88%0.0%
    Torrent Pharmaceuticals Ltd.Pharmaceuticals & Biotechnology3.62%+39.1%
    7.63% State Government of Maharashtra · State government securitySOVEREIGN3.53%
    Bharti Airtel Ltd.Telecom - Services3.31%0.0%
    Titan Company Ltd.Consumer Durables3.13%0.0%
    FSN E-Commerce Ventures Ltd.Retailing2.79%0.0%
    Navin Fluorine International Ltd.Chemicals & Petrochemicals2.62%0.0%

    LIC MF Unit Linked Insurance Scheme (ULIS) Stocks Bought and Sold

    All changes are between August 2026 and September 2026

    More
    Stocks bought and sold in September 2026
    Bajaj Auto Ltd.Added+13.1%3.97%
    Sona BLW Precision Forgings Ltd.Added+106.2%3.91%
    Torrent Pharmaceuticals Ltd.Added+39.1%3.62%
    ICICI Bank Ltd.Reduced−60.0%1.25%
    Bajaj Finance Ltd.Reduced−54.2%1.36%
    Oracle Financial Services Software Ltd.Sold out−100%was 2.81%
    INDO-MIM Ltd.Added+560.0%1.93%
    NSE India Ltd.NewNew1.92%
    Tata Consumer Products Ltd.Sold out−100%was 1.29%
    Yatharth Hospital&Trauma Care Serv Ltd.NewNew0.97%

    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 Unit Linked Insurance Scheme (ULIS) bought and sold

    LIC MF Unit Linked Insurance Scheme (ULIS) Portfolio Overlap

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

    FundOverlapHoldings in common
    LIC MF Aggressive Hybrid FundAggressive Hybrid · LIC31.5%20Compare
    LIC MF Children's FundSolution · LIC27.4%13Compare
    Samco Large Cap FundLarge Cap · Samco25.4%9Compare
    LIC MF Equity Savings FundEquity Savings · LIC25.1%22Compare
    Union Large & Midcap FundLarge & Mid Cap · Union24.6%19Compare
    LIC MF Large Cap FundLarge Cap · LIC24.2%14Compare
    Union Largecap FundLarge Cap · Union24.0%13Compare
    Union Focused FundFocused · Union23.2%10Compare

    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 Unit Linked Insurance Scheme (ULIS) Overview

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

    Expense ratio (Direct)
    1.80%
    Expense ratio (Regular)
    2.79%
    Category
    ELSS
    Risk
    Very High
    Benchmark
    CRISIL Hybrid 35+65 - Aggressive Index
    Launch date
    19-06-1989
    Minimum additional investment
    Not available
    AUM
    ₹424.41 Cr (30-09-2026)
    Lock in
    3 years
    Scheme code (Direct)
    134878
    ISIN (Direct)
    Not available
    Scheme code (Regular)
    134865
    ISIN (Regular)
    Not available
    NAV history
    From 16-06-2015, 11.4 years
    Minimum investment
    The Scheme has stopped taking new subscriptions (Lumpsum or SIP) from prospective investors. Furthermore, no additional purchase from the existing investors is accepted hereon, with effect from July 01, 2022, till further notice.
    Exit load
    Nil (Lock-in Period:- Repurchase after lock-in period of 3 years from the date of Investment.)

    Tax on LIC MF Unit Linked Insurance Scheme (ULIS) returns

    • LIC MF Unit Linked Insurance Scheme (ULIS) 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%.
    • Investing in it can be deducted from income under Section 80C, up to ₹1.5 lakh a year, in the old tax regime. Each investment is locked in for 3 years.
    • 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

    PlanOptionNAVAs on
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    directIDCW Reinvestment₹39.278630-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026
    regularIDCW Reinvestment₹34.872530-10-2026

    About LIC MF Unit Linked Insurance Scheme (ULIS)

    LIC MF Unit Linked Insurance Scheme (ULIS) is a mutual fund from LIC Mutual Fund. Its category is ELSS. It was launched on 19-06-1989. Its benchmark is CRISIL Hybrid 35+65 - Aggressive Index. At the end of September 2026 it held 48 securities.

    Fund Manager

    • Siddharth Panjwani

      Fund manager of LIC MF Unit Linked Insurance Scheme (ULIS), since 01-07-2026

    • Pratik Harish Shroff

      Fund manager of LIC MF Unit Linked Insurance Scheme (ULIS), since 26-09-2023

    See all funds of LIC Mutual Fund

    AUM change

    September 2026
    ₹424.41 Cr
    −4.80% from August 2026
    August 2026
    ₹445.80 Cr
    +0.65% from July 2026
    July 2026
    ₹442.93 Cr
    +0.43% from June 2026

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

    Compare LIC MF Unit Linked Insurance Scheme (ULIS) with Other Funds

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

    Frequently Asked Questions for LIC MF Unit Linked Insurance Scheme (ULIS)

    What is the current NAV of LIC MF Unit Linked Insurance Scheme (ULIS)?

    The Direct plan NAV is ₹39.2786. The Regular plan NAV is ₹34.8725, as on 30-10-2026.

    What are the returns of LIC MF Unit Linked Insurance Scheme (ULIS)?

    The Direct plan returned −4.81% in 1 year, +7.06% a year over 3 years, +6.23% a year over 5 years. The Regular plan returned −5.77% in 1 year, +5.96% a year over 3 years, +5.20% a year over 5 years. These figures are as on 30-10-2026.

    What is the expense ratio of LIC MF Unit Linked Insurance Scheme (ULIS)?

    The Direct plan charges 1.80% a year. The Regular plan charges 2.79% 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 Unit Linked Insurance Scheme (ULIS)?

    LIC MF Unit Linked Insurance Scheme (ULIS) managed ₹424.41 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

    What are the top holdings of LIC MF Unit Linked Insurance Scheme (ULIS)?

    At the end of September 2026 the largest holdings were DIVISLAB (4.00%), BAJAJ-AUTO (3.97%), SONACOMS (3.91%), SOLARINDS (3.88%), TORNTPHARM (3.62%). The fund held 48 securities in all.

    What did LIC MF Unit Linked Insurance Scheme (ULIS) buy and sell in September 2026?

    It bought 2 new stocks: Yatharth Hospital&Trauma Care Serv Ltd, NSE India Ltd. It sold out of 3: Tata Consumer Products Ltd, Tata Consultancy Services Ltd, Oracle Financial Services Software Ltd. It added shares in 4. It reduced 2.

    How do I invest in LIC MF Unit Linked Insurance Scheme (ULIS)?

    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 The Scheme has stopped taking new subscriptions (Lumpsum or SIP) from prospective investors. Furthermore, no additional purchase from the existing investors is accepted hereon, with effect from July 01, 2022, till further notice. You can invest once or through a monthly SIP.

    Who is the fund manager of LIC MF Unit Linked Insurance Scheme (ULIS)?

    Siddharth Panjwani (since 01-07-2026), Pratik Harish Shroff (since 26-09-2023).

    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.

    Track LIC MF Unit Linked Insurance Scheme (ULIS) in WealthGamma

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