LIC MF Conservative Hybrid Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Equity Holding : 19.01% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 19.01%

No of Stocks : 9 (Category Avg - 35.72) | Large Cap Investments : 11.32%| Mid Cap Investments : 1.68% | Small Cap Investments : 0% | Other : 6%

Portfolio Summary (as on 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity
# HDFC Bank Ltd.	Private sector bank	18.5	3.75%	0.00%	3.87% (Aug 2025)	3.2% (Jan 2025)	18.69 k
# Reliance Industries Ltd.	Refineries & marketing	15	3.05%	0.00%	3.06% (Jun 2025)	1.13% (Dec 2024)	10.11 k
# Infosys Ltd.	Computers - software & consulting	13.2	2.68%	0.00%	4.21% (Dec 2024)	2.61% (Apr 2025)	8.90 k
# Shriram Finance Ltd.	Non banking financial company (nbfc)	11.1	2.25%	0.00%	1.94% (Sep 2025)	0% (Oct 2024)	14.81 k
# Bharat Forge Ltd.	Castings & forgings	8.3	1.68%	0.00%	1.66% (Jun 2025)	1.37% (Apr 2025)	6.23 k
# Axis Bank Ltd.	Private sector bank	8	1.63%	0.00%	1.6% (May 2025)	0% (Oct 2024)	6.50 k
# Hindustan Unilever Ltd.	Diversified fmcg	7.9	1.60%	0.00%	2.15% (Oct 2024)	1.45% (Mar 2025)	3.19 k
# ICICI Bank Ltd.	Private sector bank	6.4	1.29%	0.00%	6.09% (Nov 2024)	1.3% (Sep 2025)	4.72 k
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	5.3	1.07%	0.00%	2.03% (Dec 2024)	0.47% (Feb 2025)	1.52 k

- indicates change in weight in the portfolio. # indicates a new entry.

Help me understand this table

Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	M-Cap	GroupName
# HDFC Bank Ltd.	Private sector bank	6.67	18.5	3.75%	0.00%	3.87% (Aug 2025)	3.2% (Jan 2025)	18.69 k	Other	6
# Reliance Industries Ltd.	Refineries & marketing	3.05	15	3.05%	0.00%	3.06% (Jun 2025)	1.13% (Dec 2024)	10.11 k	Large Cap	11.32
# Infosys Ltd.	Computers - software & consulting	2.68	13.2	2.68%	0.00%	4.21% (Dec 2024)	2.61% (Apr 2025)	8.90 k	Large Cap	11.32
# Shriram Finance Ltd.	Non banking financial company (nbfc)	2.25	11.1	2.25%	0.00%	1.94% (Sep 2025)	0% (Oct 2024)	14.81 k	Other	6
# Bharat Forge Ltd.	Castings & forgings	1.68	8.3	1.68%	0.00%	1.66% (Jun 2025)	1.37% (Apr 2025)	6.23 k	Mid Cap	1.68
# Axis Bank Ltd.	Private sector bank	6.67	8	1.63%	0.00%	1.6% (May 2025)	0% (Oct 2024)	6.50 k	Large Cap	11.32
# Hindustan Unilever Ltd.	Diversified fmcg	1.6	7.9	1.60%	0.00%	2.15% (Oct 2024)	1.45% (Mar 2025)	3.19 k	Large Cap	11.32
# ICICI Bank Ltd.	Private sector bank	6.67	6.4	1.29%	0.00%	6.09% (Nov 2024)	1.3% (Sep 2025)	4.72 k	Large Cap	11.32
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	1.07	5.3	1.07%	0.00%	2.03% (Dec 2024)	0.47% (Feb 2025)	1.52 k	Large Cap	11.32

- indicates change in weight in the portfolio. # indicates a new entry.

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No new entrants in the portfolio in the last month.

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No complete exits in the portfolio in the last month.

Stock	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024
HDFC Bank Ltd.	3.75%	3.63%	3.76%	3.86%	3.78%	3.67%	3.69%	3.53%	3.39%	3.29%	3.43%	3.47%	3.35%
Infosys Ltd.	2.68%	2.62%	2.76%	2.75%	2.88%	2.80%	2.74%	2.89%	3.63%	4.01%	4.00%	3.94%	3.73%
Jtl Industries Ltd.	-	-	-	-	4.07%	3.40%	3.33%	3.42%	3.69%	3.24%	2.27%	1.62%	-
ICICI Bank Ltd.	1.29%	1.30%	1.39%	1.43%	1.38%	2.32%	2.33%	3.71%	3.36%	3.46%	5.58%	6.09%	6.06%
Reliance Industries Ltd.	3.05%	2.82%	2.90%	2.88%	3.06%	2.90%	2.91%	2.66%	2.54%	2.66%	1.13%	1.20%	1.24%
Shriram Finance Ltd.	2.25%	1.86%	1.82%	1.91%	1.54%	-	-	-	-	-	-	-	-
Nestle India Ltd.	-	-	-	-	-	-	-	-	-	-	-	-	1.73%
Hindustan Unilever Ltd.	1.60%	1.64%	1.80%	1.65%	1.48%	1.51%	1.53%	1.49%	1.46%	1.64%	1.54%	2.12%	2.15%
Bharat Forge Ltd.	1.68%	1.54%	1.46%	1.49%	1.64%	1.56%	1.41%	1.50%	-	-	-	-	-
Axis Bank Ltd.	1.63%	1.50%	1.44%	1.42%	1.57%	1.56%	1.58%	-	-	-	-	-	-
Mahindra & Mahindra Ltd.	1.07%	1.06%	1.02%	0.99%	-	0.52%	0.52%	0.48%	0.47%	1.99%	2.00%	1.97%	1.81%

No of Debt Holding 9 (Category Avg - 41.44) | Modified Duration 4.22 Years (Category Avg - 4.37)| Yield to Maturity 6.57% (Category Avg - 7.05%)

Category - Conservative Hybrid Fund

Category - Conservative Hybrid Fund

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Govt of India	GOI	Other			54.06	10.99%	5.00 L
Bond - Govt of India	GOI	Other			52.53	10.67%	5.00 L
Bond - Govt of India	GOI	Other			52.00	10.57%	5.00 L
Bond - Govt of India	GOI	Other			51.94	10.55%	5.00 L
Bond - Govt of India	GOI	Other			51.67	10.50%	5.00 L
Bond - Govt of India	GOI	Other			50.91	10.34%	5.00 L
Bond - Nuclear Power Corporation of India Limited	NCD & Bonds	Power generation	AAA	CRISIL	41.83	8.50%	40.00
Bond - Govt of India	GOI	Other			21.05	4.28%	2.00 L
Bond - Govt of India	GOI	Other			15.77	3.20%	1.50 L