LIC MF Technology Fund Direct Growth

LIC MF Technology Fund Direct Growth
Very High Risk
Launch date20 Feb 2026
Allotment date13 Mar 2026
End date06 Mar 2026
NAV₹10.00
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: --Inclusive of GST
Exit loadExit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationIf you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementKaran Doshi
Feb 2026 - Present
View details
Education
Mr. Doshi is a Bachelor of Engineering, MMS (Finance)
Experience
Prior to joining LIC Mutual Fund, he has worked with Subhkam Ventures Pvt. Limited as Equity Analyst.
Also manages these schemes
LIC MF Children's Fund Direct Growth
LIC MF Flexi Cap Fund Direct Growth
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Consumption Fund Direct Growth
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Midcap Fund Direct Growth
LIC MF Healthcare Fund Direct Growth
LIC MF Dividend Yield Fund Direct Growth
Jaiprakash Toshniwal
Feb 2026 - Present
View details
Education
Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.
Also manages these schemes
LIC MF Banking & Financial Services Fund Direct Growth
LIC MF Balanced Advantage Fund Direct Growth
LIC MF Multi Asset Allocation Fund Direct Growth
LIC MF Flexi Cap Fund Direct Growth
LIC MF Focused Fund Direct Growth
Fund house & investment objective
LIC Mutual Fund
Rank (total assets)#20 in India
Total AUM₹47,476.48Cr
Date of Incorporation20 Apr 1994
    LIC MF Technology Fund Direct Growth is a -- Mutual Fund Scheme launched by LIC Mutual Fund.     This scheme was made available to investors on 20 Apr 1994.     Karan Doshi is the Current Fund Manager of LIC MF Technology Fund Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹47,476 Cr and     the Latest NAV as of 20 Feb 2026 is ₹10.00.  

    The LIC MF Technology Fund Direct Growth is rated Very High risk.     Minimum SIP Investment is set to ₹200.          Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
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Investment ObjectiveThe scheme seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of technology & technology-related companies. 
 
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Fund benchmarkBSE Teck Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Launch Date
20 Apr 1994
E-mail
[email protected]
Website
www.licmf.com
Peer ComparisonFund nameRating1Y3YFund Size(Cr)
Franklin India Mid Cap Fund Direct Growth
3
6.9%20.3%12,327.87
Nippon India Small Cap Fund Direct Growth
4
7.8%19.6%67,641.50
Franklin India Small Cap Fund Direct Growth
3
5.3%17.3%12,934.43
HDFC Small Cap Fund Direct Growth
4
10.3%17.0%37,423.94
Franklin India Technology Fund Direct Growth
--
-5.8%15.5%1,670.19

Rank (total assets)	#20 in India
Total AUM	₹47,476.48Cr

Date of Incorporation	20 Apr 1994

Fund benchmark	BSE Teck Total Return Index

Fund name	Rating	1Y	3Y	Fund Size(Cr)
Franklin India Mid Cap Fund Direct Growth	3	6.9%	20.3%	12,327.87
Nippon India Small Cap Fund Direct Growth	4	7.8%	19.6%	67,641.50
Franklin India Small Cap Fund Direct Growth	3	5.3%	17.3%	12,934.43
HDFC Small Cap Fund Direct Growth	4	10.3%	17.0%	37,423.94
Franklin India Technology Fund Direct Growth	--	-5.8%	15.5%	1,670.19