LIC MF Technology Fund – Direct | Growth

📌 Fund Snapshot & Key Details

⚖️ Sahifund NFO Review

PLUS

• Direct exposure to India’s IT, telecom and digital economy theme
• Potential beneficiaries of global AI, cloud and digital transformation trends
• Sectoral strategy allows focused participation in technology growth cycle
• Opportunity to invest in technology at diversified portfolio level rather than single stock risk
• Actively managed structure may capture alpha within tech universe

MINUS

• Pure sectoral fund — extremely high volatility and cyclical earnings sensitivity
• Tech stocks highly dependent on global IT spending and currency trends
• Valuation risk remains high after past re-rating cycles
• Limited diversification outside technology sector
• Exit load structure discourages short-term churn

Sahifund View (Decisive Line)
A high-risk technology theme play suited only for tactical allocation during sector corrections — not a core diversified investment.

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⏱️ Last Updated: 13 February 2026, 10.00 AM

📊 Sahifund Interpretation of the Benchmark

BSE Teck TRI

The BSE Teck TRI represents companies from information technology, telecom and media & publishing sectors drawn from the BSE 500 universe. The benchmark is heavily influenced by large-cap IT companies and reflects global technology demand cycles.

Benchmark Behaviour Snapshot

• Strong long-term returns during global digital transformation phases
• High sensitivity to US tech spending, currency movements and global macro trends
• Cyclical behaviour — sharp rallies followed by deep corrections
• Concentration risk with dominant weight in large IT exporters

Sahifund Insight:
The benchmark rewards investors who enter during tech slowdowns rather than peak optimism phases.

🧠 Investment Strategy – Explained Simply

The scheme aims to achieve long-term capital appreciation by investing predominantly in equity and equity-related instruments of technology and technology-related companies.

➡️ In simple words:
You are investing in a basket of technology companies expected to benefit from AI, digitalisation and global tech spending cycles.

👤 Sahifund Interpretation of Fund Managers & Their Performance

Jaiprakash Toshniwal
CFA-qualified with experience across insurance and mutual fund space. Brings analytical depth in sectoral investing and portfolio construction.

Karan Doshi
Equity research background with focus on fundamental analysis supports stock selection within the technology universe.

Sahifund Assessment:
Since this is an actively managed sectoral fund, performance will depend heavily on stock selection within the technology theme rather than passive index tracking.

🎯 Suitable for Which Investors?

Suitable if you:

• Believe in long-term growth of India’s technology and digital economy
• Want focused sector exposure alongside diversified funds
• Can tolerate sharp volatility and cyclical drawdowns
• Have a long investment horizon

Avoid if you:

• Prefer diversified or balanced equity allocation
• Are conservative or first-time investors
• Expect stable or predictable returns
• Already have heavy exposure to IT stocks or funds

❓ Should You Invest in This NFO?

Yes — but very selectively.

LIC MF Technology Fund can be considered as a satellite allocation for investors seeking exposure to technology growth themes. However, given high sector concentration and valuation risks, allocations should remain limited and ideally staggered during market corrections.

Final Word:
A thematic tech bet with high upside potential — but equally high volatility. Best suited for informed investors with long-term conviction.

⚠️ Disclaimer
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.