LIC MF Large & Mid Cap Fund-Regular Plan-IDCW

LIC MF Large & Mid Cap Fund-Regular Plan-IDCW ranks among the stronger performers in the Large & Mid Cap Fund category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 80/100.

Cost: At 0.66%, the expense ratio is meaningfully cheaper — about 43% below the Large & Mid Cap Fund category average of 1.15% (based on 32 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.22 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 15.02% is fairly typical for actively managed equity funds.

Who should invest: This fund is best suited to investors with a 5+ year horizon comfortable with meaningfully higher volatility than large cap funds. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.