Fundalysisby DARKHORSESTOCKS

Fund manager · LIC

Sumit Bhatnagar

Runs 9 schemes worth ₹7,071 Cr.

  • Fund house

    LICThey run their schemes at LIC.

  • AUM they run

    ₹7,071 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.

  • Schemes

    9 now · 13 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Aug 2024.

  • Experience

    Not publishedTheir fund house's documents give no figure for it yet.

Profile

About

Their fund house's documents give no profile for them yet.

Schemes now9

  1. LIC MF Gold Exchange Traded Fund₹1,441 Cr
  2. LIC MF Large Cap Fund₹1,302 Cr
  3. LIC MF ELSS Tax Saver Fund₹972 Cr
  4. LIC MF Multi Asset Allocation Fund₹966 Cr
  5. LIC MF Gold ETF Fund of Fund₹833 Cr
  6. LIC MF Dividend Yield Fund₹738 Cr
  7. and 3 more, all below

AUM they run(Oct 2023 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 20267,071−4.4%
Aug 20267,395+16.0%
Jul 20266,377−20.3%
Jun 20267,997−0.7%
May 20268,052+1.8%
Apr 20267,906−11.1%
Mar 20268,888−10.3%
Feb 20269,914+0.8%
Jan 20269,838+3.1%
Dec 20259,540+7.8%
Nov 20258,846+2.9%
Oct 20258,600+8.0%
AUM at month end, Sept 2026
₹7,071 Cr
−17.8% since Oct 2025
Fig. 1.The AUM of the schemes Sumit Bhatnagar ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time(Oct 2023 – now)

  1. Large Cap Fund
  2. Arbitrage Fund
  3. Equity Savings Fund
  4. Nifty 50 ETF
  5. Nifty Next 50 Index Fund
  6. BSE Sensex ETF
  7. Nifty 50 Index Fund
  8. Nifty 100 ETF
  9. BSE Sensex Index Fund
  10. Nifty Midcap 100 ETF
  11. Gold Exchange Traded Fund
  12. Gold ETF Fund of Fund
LIC202420252026
Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes(Oct 2023 – now)

LIC

9 now · since Oct 2023
  1. LIC MF Gold Exchange Traded Fund
    Fund managerJun 2024—2y 5m₹1,441 CrGold
  2. LIC MF Multi Asset Allocation Fund
    Fund manager, equityFeb 2025—1y 9m₹966 CrMulti Asset AllocationTER 0.72%
  3. LIC MF Dividend Yield Fund
    Co-managerSept 2026—2m₹738 CrDividend YieldTER 0.87%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance(22 schemes)

Growth · Direct plans, Regular before 2013

Return as manager
+6.70%
Beat peers
4 of 15
vs peers
−0.96 pt
Longest run
3.0 years
Beat benchmark
Upcoming
Each scheme Sumit Bhatnagar ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
LIC MF Nifty 50 ETF
Oct '23–Apr '26 · 2.5y
+6.96%+6.97%−0.01 pt––
LIC MF Nifty Next 50 Index Fund
Oct '23–Apr '26 · 2.5y
+13.99%+7.71%+6.28 pt––
LIC MF BSE Sensex ETF
Oct '23–Apr '26 · 2.5y
+5.27%+6.97%−1.70 pt––
LIC MF Nifty 50 Index Fund
Oct '23–Apr '26 · 2.5y
+6.66%+7.72%−1.05 pt––
LIC MF Large Cap Fund
Oct '23–now · 3.0y
+6.70%+8.89%−2.19 pt––
LIC MF Equity Savings Fund
Oct '23–Jul '26 · 2.7y
+8.49%+9.20%−0.71 pt––
LIC MF Arbitrage Fund
Oct '23–now · 3.0y
+7.10%+7.31%−0.21 pt––
LIC MF Nifty 100 ETF
Oct '23–Apr '26 · 2.5y
+7.92%+6.95%+0.97 pt––
LIC MF BSE Sensex Index Fund
Oct '23–Apr '26 · 2.5y
+4.90%+7.72%−2.82 pt––
LIC MF Nifty Midcap 100 ETF
Feb '24–Apr '26 · 2.1y
+4.52%+2.25%+2.27 pt––
LIC MF Gold Exchange Traded Fund
Jun '24–now · 2.4y
−80.82%+33.95%−114.77 pt––
LIC MF Gold ETF Fund of Fund
Jun '24–now · 2.4y
+33.43%+8.60%+24.83 pt––
LIC MF Focused Fund
Jul '24–Apr '26 · 1.7y
−4.62%−2.47%−2.15 pt––
LIC MF Aggressive Hybrid Fund
Jul '24–Jul '26 · 2.0y
+3.21%+4.41%−1.20 pt––
LIC MF Multi Asset Allocation Fund
Feb '25–now · 1.6y
+12.25%+13.21%−0.96 pt––
LIC MF Value Fund
Jul '25–Apr '26 · 0.8y
−3.19%−8.34%+5.15 pt––
LIC MF Consumption Fund
Nov '25–now · 0.9y
−7.52%−0.13%−7.38 pt––
LIC MF ELSS Tax Saver Fund
Apr '26–now · 0.5y
+6.66%+7.62%−0.96 pt––
LIC MF Conservative Hybrid Fund
Apr '26–Jul '26 · 0.2y
+3.69%+4.49%−0.80 pt––
LIC MF Infrastructure Fund
Apr '26–Jul '26 · 0.2y
+19.47%+13.16%+6.32 pt––
LIC MF Technology Fund
Apr '26–now · 0.5y
+9.33%+9.28%+0.04 pt––
LIC MF Dividend Yield Fund
Aug '26–now · 0.2y
−2.89%−6.47%+3.59 pt––
Fig. 1.Each scheme Sumit Bhatnagar ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(5 now)

  1. Sasikant AravamuthanGold Exchange Traded Fund · Gold ETF Fund of Fund · Arbitrage Fund3 schemes
  2. Nikhil KapoorELSS Tax Saver Fund · Consumption Fund2 schemes
  3. Pratik Harish ShroffMulti Asset Allocation Fund · Arbitrage Fund2 schemes
  4. Dikshit MittalDividend Yield Fund1 scheme
  5. Siddharth PanjwaniTechnology Fund1 scheme