Fundalysisby DARKHORSESTOCKS

Scheme

LIC MF BSE Sensex ETF

Holds 30 companies worth ₹675 Cr in Sept 2026.

  • Fund house

    LICThe fund house that runs this scheme.

  • AUM

    ₹676 CrLIC MF BSE Sensex ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.8% on Aug 2026, ₹718 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 12.6% of this scheme's NAV.

  • Fund manager

    Nikhil KapoorRuns it since 1 Apr 2026, as the fund house dates it. With Sasikant Aravamuthan (fund manager).

Overview(31 Aug 2026)

Fund managers2

  1. Nikhil KapoorFund manager · Apr 2026
  2. Sasikant AravamuthanFund manager · Jul 2026
  1. Sumit BhatnagarOct 2023 – Apr 2026

Key facts

Benchmark
BSE Sensex TRI
Risk
Very High
Expense
Regular 0.11% · Direct 0%
Exit load
Nil
Started
30 Nov 2015
Minimum
For Subscription of units directly with Mutual Fund: All direct transactions in units of the Scheme by MMs/APs or other eligible investors with the AMC/the Fund shall be at intra-day NAV based on the actual execution price of the underlying portfolio. Any order placed for redemption or subscription directly with the AMC must be of greater than INR 25 Cr. The aforesaid threshold shall not be applicable for APs/MMs and shall be periodically reviewed. Each creation unit consists of 2,000 units of LIC MF BSE Sensex ETF. The Fund may from time to time change the size of the Creation Unit in order to equate it with marketable lots of the underlying instruments. For Purchase of units through Stock Exchange: As the Units of the Schemes are listed on NSE & BSE, an Investor can buy Units on continuous basis on the capital market segment of NSE during trading hours like any other publicly traded stock at prices which may be close to the actual NAV of the Scheme. There is no minimum investment, although Units are Purchased in round lots of 1 (one) Unit.

Source.Its Scheme Summary Document as of 31 Aug 2026 at AMFI.

What changed(5 changes)

Jul 2026

1 change
  1. Sasikant Aravamuthan joined
    5 Julas fund manager

Apr 2026

2 changes
  1. Nikhil Kapoor joined
    11 Apras fund manager
  2. Sumit Bhatnagar left
    11 Aprran it as fund manager from Oct 2023

Jul 2025

1 change
  1. Expense ratio
    22 Jul0.1 → Regular 0.11% · Direct 0%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Oct 2023 – now)

  1. Nikhil Kapoor
  2. Sasikant Aravamuthan
  3. Sumit Bhatnagar
MainCoSlice202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Jul 2025 – Aug 2026)

Every change to the expense ratio, newest first.
1 filingRegularDirectΔ pt
22 Jul 20250.11%0.00%–
Direct plan, 22 Jul 2025
0.00%
Regular plan 0.11% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(31 Aug 2026)

Objective

The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the BSE SENSEX by holding BSE SENSEX stocks in same proportion, subject to tracking errors. There is no assurance that the objective of the scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended scheme replicating/tracking Sensex Index
Benchmark
BSE Sensex TRI

Asset allocation it may hold% of NAV

  1. Securities covered by the S&P BSE SENSEX
    Allowed95–100%
  2. Money Market and other liquid instruments, Mutual Fund units
    Allowed0–5%

Holds in Sept 2026.99.9% equity · 0.1% debt and cash

How to invest(31 Aug 2026)

Buying

To start
For Subscription of units directly with Mutual Fund: All direct transactions in units of the Scheme by MMs/APs or other eligible investors with the AMC/the Fund shall be at intra-day NAV based on the actual execution price of the underlying portfolio. Any order placed for redemption or subscription directly with the AMC must be of greater than INR 25 Cr. The aforesaid threshold shall not be applicable for APs/MMs and shall be periodically reviewed. Each creation unit consists of 2,000 units of LIC MF BSE Sensex ETF. The Fund may from time to time change the size of the Creation Unit in order to equate it with marketable lots of the underlying instruments. For Purchase of units through Stock Exchange: As the Units of the Schemes are listed on NSE & BSE, an Investor can buy Units on continuous basis on the capital market segment of NSE during trading hours like any other publicly traded stock at prices which may be close to the actual NAV of the Scheme. There is no minimum investment, although Units are Purchased in round lots of 1 (one) Unit.

Selling and switching

To redeem
"For Redemption of units directly with Mutual Fund: All direct transactions in units of the Scheme by MMs/APs or other eligible investors with the AMC/the Fund shall be at intra-day NAV based on the actual execution price of the underlying portfolio. Any order placed for redemption or subscription directly with the AMC must be of greater than INR 25 Cr. The aforesaid threshold shall not be applicable for APs/MMs and shall be periodically reviewed. Each creation unit consists of 2,000 units of LIC MF BSE Sensex ETF. The Fund may from time to time change the size of the Creation Unit in order to equate it with marketable lots of the underlying instruments. For Sale of units through Stock Exchange: As the Units of the Schemes are listed on NSE & BSE, an Investor can sale Units on continuous basis on the capital market segment of NSE during trading hours like any other publicly traded stock at prices which may be close to the actual NAV of the Scheme. The Units can be sold in round lots of 1 (one) Unit." or No minimum redemption criteria for Unit based redemption units

Scheme details(31 Aug 2026)

What it is

Category
Other Schemes - Exchange Traded Funds
Offer
9 Nov 2015 to 23 Nov 2015
Started
30 Nov 2015
Reopened
1 Dec 2015
Plans
The Scheme does not offer any Plans/Options for investment. The AMC and the Trustees reserve the right to introduce such other Plans/Options as they deem necessary or desirable from time to time · in accordance with the SEBI Regulations.
Face value
₹10
Listed
Listed on NSE and BSE

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Standard Chartered Bank
Auditor
M/s. Deloite Haskins & Co LLP
Registrar
KFin Technologies Ltd
SEBI code
LICM/O/O/EET/15/10/0019