Fundalysisby DARKHORSESTOCKS

Scheme

LIC MF Healthcare Fund

Holds 25 companies worth ₹96.9 Cr in Sept 2026.

  • Fund house

    LICThe fund house that runs this scheme.

  • AUM

    ₹99.4 CrLIC MF Healthcare Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.6% on Aug 2026, ₹103 Cr.

  • Largest holding

    Sun Pharmaceutical Ind LtdSun Pharmaceutical Ind Ltd is 9.6% of this scheme's NAV.

  • Fund manager

    Sudhanshu AsthanaRuns it since 1 Apr 2026, as the fund house dates it. With Dhaval Sangoi (co-manager).

Overview(31 Aug 2026)

Fund managers2

  1. Sudhanshu AsthanaFund manager · Apr 2026
  2. Dhaval SangoiCo-manager · Sept 2026 · 12y · CFA
  1. Karan DoshiJul 2023 – Apr 2026

Key facts

Benchmark
BSE Healthcare - TRI
Risk
Very High
Expense
Regular 2.44% · Direct 1.13%
Exit load
Nil
Started
28 Feb 2019
Minimum
₹5,000

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

What changed(8 changes)

Aug 2026

1 change
  1. Dhaval Sangoi joined
    31 Augas co-manager

Apr 2026

3 changes
  1. Sudhanshu Asthana joined
    11 Apras fund manager
  2. Karan Doshi left
    11 Aprran it as fund manager from Jul 2023
  3. Expense ratio
    7 AprRegular 2.36% → 2.44%Direct 0.64% → 1.13%

Mar 2026

1 change
  1. Expense ratio
    3 MarRegular 2.44% → 2.36%Direct 1.13% → 0.64%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Jul 2023 – now)

  1. Sudhanshu Asthana
  2. Dhaval Sangoi
  3. Karan Doshi
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 – Aug 2026)

Every change to the expense ratio, newest first.
5 changesRegularDirectΔ pt
7 Apr 20262.44%1.13%0.49
3 Mar 20262.36%0.64%0.49
29 Jan 20262.44%1.13%0.09
7 Jan 20252.45%1.22%0.01
14 Aug 20242.44%1.21%–
Direct plan, 7 Apr 2026
1.13%
Regular plan 2.44% · 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 objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Healthcare and Allied sectors. There is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
High
Type
An open-ended equity scheme investing in Healthcare and Allied sectors
Benchmark
BSE Healthcare - TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related instruments of companies engaged in Healthcare and Allied sectors
    Allowed80–100%Holds97.5%
  2. Equity & Equity related instruments of companies engaged in other than Healthcare and Allied sectors, Money market instruments, other liquid instruments, INVITs and mutual fund units including Gold / Silver ETFs
    Allowed0–20%

Holds in Sept 2026.97.5% equity · 2.5% debt and cash

How to invest(31 Aug 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
No Limit

Selling and switching

To redeem
Rs 500 and in multiples of Re 1/- Thereafter or 10 units
Minimum balance
NIL or NIL units
Switch minimum
Switch - in: Rs.5000 and multiples of Rs. 1/- thereafter. Switch-out :Rs. 500 and multiples of Rs. 1/- thereafter or 500 units
Switch multiples
₹1 or 1 units
Switch most
No Limit or No Limit units

Scheme details(31 Aug 2026)

What it is

Category
Sectoral
Offer
8 Feb 2019 to 22 Feb 2019
Started
28 Feb 2019
Reopened
8 Mar 2019
Plans
Direct Plan-IDCW-Payout Direct Plan-IDCW-Reinvestment Regular Plan-IDCW-Payout Regular Plan-IDCW-Reinvestment Direct Plan-Growth Regular 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/E/SEC/18/09/0022