To do Alt + M L F on Mac in Excel, download and install Accelerator Keys, then press Option, followed by M, L, F.
Command: Logical - Insert Function
This is how to do Alt + M L F on Mac in Excel with Accelerator Keys, the native ribbon and alt key shortcut solution for Mac users who get more done with Excel.
Alt + M L F opens the Insert Function dialog filtered to Logical functions. This provides access to all conditional and boolean functions with detailed help for constructing IF statements, nested conditions, and logical tests.