Small cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
These funds invest in the smallest companies listed on the exchanges.
Early in their growth cycle, these companies have the potential for very high growth but this comes with very high uncertainty as the business is not yet proven.
Price fluctuations are highest in the stocks of these companies translating to high NAV fluctuations for the funds.Smaller companies also tend to have low trade volumes - exposing the fund to the risk of not being able to exit in a down market.While showing periodic spikes in performance,these funds have not done better than diversified equity funds over the long term.Investors are therefore better off investing in diversified funds rather than this category.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
The performance of the fund on a Fund Size metric has been Poor
The performance of the fund on a Outperformance Consistency metric has been Good
NAV (Oct 3)
6 Month CAGR
The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small Cap companies. However there can be no assurance that the investment objective under the Scheme will be realized.
Launched (6y ago)
Jun 21, 2017
AUM in Crores
IISL Nifty 500 TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|LIC MF Small Cap Fund (PIDCW-A)||11,74,657||4,42,045||18.7%|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
kei industries ltd5.2%
garware hi-tech films ltd4.2%
elgi equipments ltd shs dematerialised4.1%
grindwell norton ltd shs dematerialised4%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 17,630 cr
₹ 11,862 cr
₹ 11,197 cr
₹ 10,089 cr
₹ 9,392 cr
LIC Mutual Fund Asset Management Limited
|Fund Name||Scripbox Opinion||Till Date CAGR|
LIC MF Small Cap Fund (PIDCW-A) is a Small Cap Equity fund and has delivered an annualised return of 13.4% over a period of 6 years. The fund was previously known as IDBI Small Cap Fund Reg IDCW-P. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund managers are Dikshit Mittal, Yogesh Patil.
Nav of LIC MF Small Cap Fund (PIDCW-A) as of 10/3/2023 is ₹22.23 with the total AUM as of 10/4/2023 is ₹170.59. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Small Cap Fund (PIDCW-A) was launched on Jun 21, 2017. The category risk of the fund is Very High Risk.
The minimum SIP amount for LIC MF Small Cap Fund (PIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
LIC MF Small Cap Fund (PIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR.
LIC MF Small Cap Fund (PIDCW-A) is rated as a 1 fund in Equity and delivered 20.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Small Cap Fund (PIDCW-A).
What is LIC MF Small Cap Fund (PIDCW-A)?
How to invest in LIC MF Small Cap Fund (PIDCW-A)?
You can invest in LIC MF Small Cap Fund (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of LIC MF Small Cap Fund (PIDCW-A)?
The minimum sip amount for LIC MF Small Cap Fund (PIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is LIC MF Small Cap Fund (PIDCW-A) good to invest in?
As per Scripbox experts, LIC MF Small Cap Fund (PIDCW-A) is a Not Recommended fund. You can investLIC MF Small Cap Fund (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the LIC MF Small Cap Fund (PIDCW-A)?
The expense ratio of the LIC MF Small Cap Fund (PIDCW-A) is 2.5% for regular plan.