Fundalysisby DARKHORSESTOCKS

Fund house

LIC

Its schemes hold 320 companies worth ₹18,537 Cr in Sept 2026.

  • AUM

    ₹51,579 CrLIC's AUM averaged over Aug 2026, as AMFI reports it. Up 3.1% on Jul 2026, ₹50,023 Cr.

  • Largest holding

    ICICI BankICICI Bank is 1.5% of LIC's AUM.

  • Largest sector

    BanksCompanies in Banks make up 5.5% of LIC's AUM.

  • Top 10 holdings

    7.4% of AUMThe 10 largest holdings together make up 7.4% of LIC's AUM.

Fund managers(Sept 2026)

Every fund manager with its figures in Sept 2026. Click a column's header to sort by it.
Rahul Singh
11–25,683+5.1%–Sep '15
Aakash Dhulia
2–14,090+5.9%–Sep '25
Pratik Harish Shroff
15–13,296+7.0%–Jan '21
Nikhil Kapoor
11–7,981––Apr '26
Sumit Bhatnagar
9–7,071+6.7%–Oct '23
Sasikant Aravamuthan
10–5,939––Jul '26
Sudhanshu Asthana
6–5,552––Apr '26
Mahesh Bendre
6–5,271+5.2%–Jul '24
Dikshit Mittal
3–3,766+17.3%–Sep '21
Siddharth Panjwani
6–1,176+8.1%–Sep '23
Dhaval Sangoi
1–99.4–12 yearsSep '26

AUM by lead manager(Sept 2026)

  1. Rahul Singh47%₹22,043 Cr
  2. Sumit Bhatnagar13%₹6,029 Cr
  3. Pratik Harish Shroff11%₹5,031 Cr
  4. Sudhanshu Asthana10%₹4,711 Cr
  5. Dikshit Mittal8%₹3,766 Cr
  6. Nikhil Kapoor7%₹3,360 Cr
  7. Mahesh Bendre5%₹2,430 Cr
Fig. 1.Each scheme's AUM at the end of Sept 2026, counted once, for its lead: the manager its page names first. Source: AMFI.

Joined and left(Aug 2024 – now)

Moves, Sept 2026
4
Fig. 1.Moves a month, Aug 2024 – Sept 2026: someone joined or left, or took on or handed over schemes. Each month's are below.

Sept 2026

4 moves
  1. Mahesh Bendre took on 1 scheme
    6 SeptLIC MF Balanced Advantage Fund
  2. Manoj Bajpai left
    6 SeptLIC MF Balanced Advantage Fund, LIC MF Aggressive Hybrid Fund and 1 more
  3. Siddharth Panjwani took on 1 scheme
    6 SeptLIC MF Aggressive Hybrid Fund
  4. Sudhanshu Asthana took on 1 scheme
    6 SeptLIC MF Mid Cap Fund

Aug 2026

5 moves
  1. Dhaval Sangoi joined
    31 AugLIC MF Healthcare Fund
  2. Mahesh Bendre took on 1 scheme
    31 AugLIC MF Multi Cap Fund
  3. Nikhil Kapoor took on 1 scheme
    31 AugLIC MF Multi Cap Fund
  4. Sudhanshu Asthana took on 1 scheme
    31 AugLIC MF Small Cap Fund
  5. Sumit Bhatnagar took on 1 scheme
    31 AugLIC MF Dividend Yield Fund

Jul 2026

11 moves
  1. Dikshit Mittal handed over 3 schemes
    5 JulLIC MF Unit Linked Insurance Scheme, LIC MF Large Mid Cap Fund and 1 more
  2. Mahesh Bendre handed over 3 schemes
    5 JulLIC MF Unit Linked Insurance Scheme, LIC MF Large Cap Fund and 1 more
  3. Manoj Bajpai joined
    5 JulLIC MF Balanced Advantage Fund, LIC MF Aggressive Hybrid Fund and 1 more
  4. Nikhil Kapoor took on 3 schemes
    5 JulLIC MF Flexi Cap Fund, LIC MF Consumption Fund and 1 more
  5. Sasikant Aravamuthan took on 9 schemes
    5 JulLIC MF Nifty 50 ETF, LIC MF Gold ETF Fund of Fund and 7 more
  6. Siddharth Panjwani took on 4 schemes
    5 JulLIC MF Unit Linked Insurance Scheme, LIC MF Technology Fund and 2 more
  7. Sudhanshu Asthana handed over 1 scheme
    5 JulLIC MF Balanced Advantage Fund
  8. Sumit Bhatnagar handed over 4 schemes
    5 JulLIC MF Conservative Hybrid Fund, LIC MF Aggressive Hybrid Fund and 2 more
  9. Mahesh Bendre handed over 1 scheme
    3 JulLIC MF Childrens Fund
  10. Sasikant Aravamuthan joined
    3 JulLIC MF Nifty Next 50 Index Fund
  11. Siddharth Panjwani joined
    3 JulLIC MF Childrens Fund