Scheme

LIC MF BSE Sensex Index Fund

Holds 30 companies worth ₹86.1 Cr in Sept 2026.

  • Fund house

    LICThe fund house that runs this scheme.
  • AUM

    ₹86.7 CrLIC MF BSE Sensex Index Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.1% on Aug 2026, ₹91.4 Cr.
  • Largest holding

    HDFC BankHDFC Bank is 12.5% 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(1 Sept 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 Disclaimer: NSE Disclaimer: The “Product” offered by “the issuer” is not sponsored, endorsed, sold or promoted by NSE Indices Limited (Formerly Indian Index Services & Products Limited) (IISL). NSE Indices Limited does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of “the Product” or any member of the public regarding the advisability of investing in securities generally or in the “the Product” linked to the Index or particularly in the ability of the Index, to track general stock market performance in India. Please read the full Disclaimer in relation to the Index in the Scheme Information Document. BSE Disclaimer: The index is a product of AlPL, a wholly owned subsidiary of BSE Limited (“BSE“), and has been licensed for use by LIC MF. BS‹S and SENSEX are registered trademarks of BSE Limited and these trademarks have been licensed to use by AIPL and sublicensed for certain purposes by LIC MF. LIC MF Product is not sponsored, endorsed, sold, or promoted by AIPL or BSE. BSE, AIPL or their respective affiliates and none of such parties make any Rrepresentation regarding the advisability of investing in such product nor do they have any liability for any errors, omission, or interruptions of the Index. The index is published by Asia litdex Private Limited (“AIPL”), which is a wholly owned subsidiary of BSE Limited (“BSE”), and has been licensed for use by LIC MF. BSE and SENSEX are registered trademarks of BSE. The trademarks have been licensed to AIPL and have been sub licensed for use for certain purposes by LIC MF. LIC MF product is / are not sponsored, endorsed, sold, or Promoted by AIPL, BSE, any of their respective affiliates. None of AIPLor BSE make any representation or warranty, express or implied, to the owners of the product or any member of the public regarding the advisability of investing in securities generally or in the product particularly or the ability of the index to track general market performance. AIPL's rind BSE's only relationship to LIC MF with respect to the Index is the licensing of the index and certain trademarks, service marks and/or trade names of AIPL, BSE and / or their licensors. The Index is determined, composed, and calculated by AIPL or its agent without regard to Licensee or the Product. None of AIPL, or BSE are responsible for and have not participated in the determination of prices, and amount of the Product or the timing of the issuance or sale of the Product or in the determination or calculation of the equation by which the Product is to be converted into cash, surrendered or redeemed, as the case may be. AIPLand BSE have no obligation or liability in connection with the administration, marketing, or trading of the Product. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. AIPL and BSE are not investment advisors. Inclusion of a security within an index is not a recommendation by AIPL or BSE to buy, sell, or hold such security, nor is it considered to be investment advice.
Risk
Very High
Expense
Regular 1.05% · Direct 0.65%
Exit load
0.25% if redeemed or switch out on or before completion of 7 Days from the date of allotment of units, Nil after 7 days
Started
5 Dec 2002
Minimum
₹5,000

Source.Its Scheme Summary Document as of 1 Sept 2026 at AMFI.

What changed(7 changes)

Jul 2026

1 change
  1. 5 Julas fund manager

Apr 2026

3 changes
  1. 11 Apras fund manager
  2. 11 Aprran it as fund manager from Oct 2023
  3. Expense ratio
    7 AprRegular 1.16% → 1.05%Direct 0.83% → 0.65%

Jan 2026

1 change
  1. Expense ratio
    29 JanRegular 1.15% → 1.16%Direct 0.79% → 0.83%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Oct 2023 – now)

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(Aug 2024 – Sept 2026)

Every change to the expense ratio, newest first.
4 changesRegularDirectΔ pt
7 Apr 20261.05%0.65%0.18
29 Jan 20261.16%0.83%0.04
22 Jul 20251.15%0.79%0.41
14 Aug 20241.08%0.38%–
Direct plan, 7 Apr 2026
0.65%
Regular plan 1.05% · Exit load 0.25% if redeemed or switch out on or before completion of 7 Days from the date of allotment of units, Nil after 7 days
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(1 Sept 2026)

Objective

The main investment objective of the fund is to generate returns commensurate with the performance of the index BSE Sensex based on the plans by investing in the respective index stocks subject to tracking errors. There is no assurance that the investment 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 BSE Sensex Index
Benchmark
BSE Sensex TRI Disclaimer: NSE Disclaimer: The “Product” offered by “the issuer” is not sponsored, endorsed, sold or promoted by NSE Indices Limited (Formerly Indian Index Services & Products Limited) (IISL). NSE Indices Limited does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of “the Product” or any member of the public regarding the advisability of investing in securities generally or in the “the Product” linked to the Index or particularly in the ability of the Index, to track general stock market performance in India. Please read the full Disclaimer in relation to the Index in the Scheme Information Document. BSE Disclaimer: The index is a product of AlPL, a wholly owned subsidiary of BSE Limited (“BSE“), and has been licensed for use by LIC MF. BS‹S and SENSEX are registered trademarks of BSE Limited and these trademarks have been licensed to use by AIPL and sublicensed for certain purposes by LIC MF. LIC MF Product is not sponsored, endorsed, sold, or promoted by AIPL or BSE. BSE, AIPL or their respective affiliates and none of such parties make any Rrepresentation regarding the advisability of investing in such product nor do they have any liability for any errors, omission, or interruptions of the Index. The index is published by Asia litdex Private Limited (“AIPL”), which is a wholly owned subsidiary of BSE Limited (“BSE”), and has been licensed for use by LIC MF. BSE and SENSEX are registered trademarks of BSE. The trademarks have been licensed to AIPL and have been sub licensed for use for certain purposes by LIC MF. LIC MF product is / are not sponsored, endorsed, sold, or Promoted by AIPL, BSE, any of their respective affiliates. None of AIPLor BSE make any representation or warranty, express or implied, to the owners of the product or any member of the public regarding the advisability of investing in securities generally or in the product particularly or the ability of the index to track general market performance. AIPL's rind BSE's only relationship to LIC MF with respect to the Index is the licensing of the index and certain trademarks, service marks and/or trade names of AIPL, BSE and / or their licensors. The Index is determined, composed, and calculated by AIPL or its agent without regard to Licensee or the Product. None of AIPL, or BSE are responsible for and have not participated in the determination of prices, and amount of the Product or the timing of the issuance or sale of the Product or in the determination or calculation of the equation by which the Product is to be converted into cash, surrendered or redeemed, as the case may be. AIPLand BSE have no obligation or liability in connection with the administration, marketing, or trading of the Product. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. AIPL and BSE are not investment advisors. Inclusion of a security within an index is not a recommendation by AIPL or BSE to buy, sell, or hold such security, nor is it considered to be investment advice.

Asset allocation it may hold% of NAV

  1. Equity/Equity Futures (in Sensex)
    Allowed95–100%Holds99.3%
  2. Money Market and other liquid instruments, Mutual Fund units
    Allowed0–5%

Holds in Sept 2026.99.3% equity · 0.7% debt and cash

How to invest(1 Sept 2026)

Buying

To start
₹5,000, then in multiples of ₹1
To add
₹500, then in multiples of ₹1
Most
No Limit
Systematic
SIP Details - Daily,Weekly, Monthly, Quarterly | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly | STP Details - Daily, Weekly, Monthly, Quarterly
Dates
SIP : Daily - All business day, Weekly – Between Monday to Friday, Monthly - Any date between 1st to 28th, Quarterly - Any date between 1st to 28th| SWP Details - Monthly, Quarterly ,Half Yearly & Yearly - Any date between 1st to 28th | STP : Daily - All business day, Weekly - Monday to Friday* (*Default will be Friday), Monthly & Quarterly - Any date between 1st to 28th (*Default date/day-10th of the month)
Minimum
"SIP Details - 100,150, 200, 1000 |SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500 ", then sIP Details - 1 | SWP Details - 1 | STP Details - 1
Instalments
SIP Details - 60,40,30,6 |SWP Details - 6,4,4,4 | STP : 60,12,12,12
Most
SIP Details - No Limit | SWP Details - No Limit | STP Details - No Limit

Selling and switching

To redeem
₹500 or 1 units
Minimum balance
₹500 or 0.001 units
Switch minimum
Switch - in: Rs.5000 and multiples of Rs. 1/- thereafter. Switch-out :Rs. 500 and multiples of Rs. 1/- thereafter or 0.001 units
Switch multiples
₹1 or No Limit units
Switch most
No Limit or No Limit units

Scheme details(1 Sept 2026)

What it is

Category
Index Fund
Offer
14 Nov 2002 to 25 Nov 2002
Started
5 Dec 2002
Plans
Regular Plan-IDCW Payout|Regular Plan-IDCW Reinv|Regular Plan-Growth|Direct Plan-IDCW Payout|Direct Plan-IDCW Reinv|Direct Plan-Growth
Face value
₹10
Listed
No

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/EIN/02/10/0011