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LIC MF Healthcare Fund

Sectoral/ Thematic · LIC Mutual Fund Asset Management Limited

In plain words

Among the 946 funds in its category, this one has grown money faster than most. ₹1 lakh invested 3 years ago would be about ₹1.8 lakh today. Investing ₹10,000 every month for the last 3 years would have put in ₹3.7 lakh and grown it to about ₹4.8 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹84,900. Expect meaningful ups and downs on the way.

New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.
LIC MF Healthcare Fund is RS 91/99 in its category right now. See the RS line plotted against its benchmark, live, and the day it crossed.
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LIC MF Healthcare Fund is a Sectoral/ Thematic fund from LIC Mutual Fund Asset Management Limited. It has a track record of about 3.1 years. As of the latest data it carries an RS rating of 91/99 (its recent momentum versus category peers) and a King Score of 87/100 (a long-term quality composite). The current NAV is ₹37.13 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 87/100 · Current momentum (RS): 91/99 · Worst-ever fall: -15.1%
91RS rating
87King Score
21.42%3Y CAGR
n/a5Y CAGR
-15.1%Max drawdown
1.0Sharpe 3Y
0.96%Expense
88AUM ₹Cr

Growth of ₹100 - last 3 years

2023-072026-09
What ₹100 invested 3 years ago would be worth today, from actual NAV history.

LIC MF Healthcare Fund returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-0.93%-3.47%
3 months9.63%2.0%
6 months21.1%10.56%
1 year14.07%4.78%
3 years (CAGR)21.42%13.85%

Its trailing one-year return is 14.07%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearLIC MF Healthcare FundBenchmark
2024+43.9%+39.1%
2025-3.2%-2.9%
2026+16.2%+15.2%

LIC MF Healthcare Fund beat its benchmark in 2 of the last 3 calendar years. That is a strong hit-rate - most active funds fail to clear their index this often. Consistency against the benchmark matters more than any single great year.

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

What a monthly SIP in LIC MF Healthcare Fund would have made

A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.

SIP durationYou investedIt becameXIRR
3 years₹370,000₹476,93117.18%

Over 3 years, ₹370,000 invested in monthly instalments would have grown to about ₹476,931 - an XIRR of 17.18%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-15.1%-26.37%
Worst drawdown (3Y)-15.1%-20.9%
Volatility (1Y)16.14%19.02%
Sharpe (3Y)1.00.31
Sortino (3Y)1.740.82
Beta (3Y)0.90.91
Alpha (3Y)3.9%6.12%
Up capture95.0%97.13%
Down capture85.4%81.47%
Bull-market return36.6%30.78%
Bear-market return-6.8%-23.76%

Timing matters more than people admit: the best possible 1-year stretch in LIC MF Healthcare Fund (starting 2023-11-01) gained 63.9%, while the worst (starting 2025-01-23) lost 5.6%. The worst peak-to-bottom fall LIC MF Healthcare Fund has ever put investors through is -15.1% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -6.8% annualised, versus 36.6% in rising markets. It has captured roughly 95.0% of its benchmark's up-moves and 85.4% of its down-moves.

How LIC MF Healthcare Fund behaves when markets fall

When the market is falling (the Nifty below its 200-day average), LIC MF Healthcare Fund has historically returned about -6.8% annualised, versus roughly 36.6% when the market is rising. Its deepest fall on record is -15.1%. Right now it sits about 1.95% below its all-time high (last hit 2026-09-11). The real question isn't the average year - it's whether you could hold on through the worst one.

How LIC MF Healthcare Fund ranks in its category

Percentile versus its ~946 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
95th
Drawdown resilience
84th
Consistency
70th
Risk-adjusted (Sharpe)
96th

Consistency (rolling returns)

Rolling-return data isn't available for this fund yet.

What LIC MF Healthcare Fund holds

Its latest monthly portfolio disclosure. This is what your money actually owns.

Top holdings

Sun Pharmaceutical Industries Ltd. · Health Care
10.6%
Divi's Laboratories Ltd. · Health Care
7.6%
Apollo Hospitals Enterprise Ltd. · Health Care
6.6%
Torrent Pharmaceuticals Ltd. · Health Care
6.5%
Neuland Laboratories Ltd. · Health Care
5.5%
Navin Fluorine International Ltd. · Materials
5.4%
Aurobindo Pharma Ltd. · Health Care
5.0%
Fortis Healthcare Ltd. · Health Care
4.5%
Gland Pharma Ltd. · Pharmaceuticals
3.5%
Zydus Lifesciences Ltd. · Health Care
3.1%

Sector allocation

Health Care
58.6%
Pharmaceuticals
16.1%
Hospitals & Medical Services
12.8%
Materials
5.4%

The top 10 holdings make up 58.4% of the portfolio, across 23 stocks. A higher concentration means the fund's fortunes ride on fewer names.

Portfolio overlap with similar funds

LIC MF Healthcare Fund shares ICICI Prudential Innovation Fund (8%), HDFC Transportation and Logistics Fund (0%), ICICI Prudential Transportation And Logistics Fund (0%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.

Who manages LIC MF Healthcare Fund - and how good are they?

LIC MF Healthcare Fund is managed by Sudhanshu Asthana. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.

Sudhanshu Asthana's full record

Sudhanshu Asthana currently runs 5 funds, across Dynamic Asset Allocation or Balanced Advantage, Flexi Cap Fund, Large & Mid Cap Fund, Sectoral/ Thematic, with about ₹5,000 Cr under management. The book's average King Score is 64.8/100. This fund is the highest-scored fund they run (King 87/100).

Tap any column heading to sort.

Swipe the table sideways to see all 13 columns →
#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1LIC MF Healthcare Fund (this page)91879.6%21.1%14.1%21.4%n/an/a1.0n/a-15.1%
2LIC MF Large & Mid Cap Fund44681.0%6.1%-0.7%12.8%10.7%14.5%0.3817.2%-33.9%
3LIC MF Balanced Advantage Fund86672.2%4.6%0.2%7.3%n/an/a0.0911.2%-9.4%
4LIC MF Flexi Cap Fund87584.7%14.6%3.6%10.6%9.7%10.8%0.2511.9%-34.2%
5LIC MF Banking and Financial Services Fund47440.6%4.1%3.5%7.2%10.0%9.0%0.0511.1%-44.8%

A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.

Cost & fund basics

DetailValue
Expense ratio (Direct)0.96%
Exit load≈1% if redeemed within 1 year (typical)
Minimum investment₹5000
Fund size (AUM)₹88 Cr
Age3.1 years
Plan / OptionDirect · Growth
BenchmarkNIFTY_PHARMA

How LIC MF Healthcare Fund compares to peers

FundRSKing3Y CAGR
HDFC Transportation and Logistics Fund828924.1%
ICICI Prudential Transportation And Logistics Fund788721.1%
ICICI Prudential Innovation Fund568717.8%
Kotak Manufacture in India Fund818319.1%
HDFC Defence Fund878336.0%
quant BFSI Fund788321.5%
Compare side by side. Chart LIC MF Healthcare Fund against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
Compare these funds free →

Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

LIC MF Healthcare Fund review: the bottom line

On the data, its strengths are a strong long-term quality score (87/100), leading current momentum (RS 91). Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is LIC MF Healthcare Fund a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, LIC MF Healthcare Fund scores 87/100 on our King Score and RS 91/99 within its category, has compounded 21.42% a year over three years, and its worst drawdown was -15.1%. Compare those against your needs and the peer table above.

What is the NAV of LIC MF Healthcare Fund today?

The latest NAV is ₹37.13 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

What is the expense ratio of LIC MF Healthcare Fund?

The Direct-plan expense ratio is 0.96% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.

Who is the fund manager of LIC MF Healthcare Fund?

LIC MF Healthcare Fund is managed by Sudhanshu Asthana.

Is LIC MF Healthcare Fund safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -15.1% - ₹1 lakh briefly becoming about ₹84,900. As a sectoral & thematic fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is LIC MF Healthcare Fund good for SIP?

We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 3 years grew ₹3.7 lakh into about ₹4.8 lakh (XIRR 17.18%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.

What are the SIP returns of LIC MF Healthcare Fund?

A ₹10,000/month SIP over 3 years would have grown to about ₹476,931 (an XIRR of 17.18%) on ₹370,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does LIC MF Healthcare Fund rank among similar funds?

On 3-year returns it sits around the 95th percentile of its category, and its consistency ranks 70th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is LIC MF Healthcare Fund tax-efficient / what about capital gains?

As a sectoral & thematic fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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