Top 10 Lic Mutual Funds Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
LIC MF Index Fund - Sensex PlanOthersModerately High8.5%3star18
LIC MF Bond FundDebtModerate4.0%3star283
LIC MF Savings FundDebtModerately Low7.4%2star1,613
LIC MF G Sec FundDebtModerate6.3%2star48
LIC MF Tax PlanEquityModerately High1.4%2star179
LIC MF Liquid FundDebtLow7.4%2star10,668
LIC MF Large & Mid Cap FundEquityHigh-3.0%2star353
LIC MF Banking & Financial Services FundEquityHigh-19.7%1star83
LIC MF Index Fund - Nifty PlanOthersModerately High5.2%1star19
LIC MF Banking & PSU Debt FundDebtModerate7.2%1star165
LIC MF Childrens FundSolution OrientedModerately High-8.0%1star20
LIC MF Infrastructure FundEquityHigh-12.8%1star74
LIC MF Debt Hybrid FundHybridModerately High2.2%1star113
LIC MF Equity Hybrid FundHybridModerately High-1.8%1star323
LIC MF Multi Cap FundEquityModerately High-6.1%1star255
View All Top 10 Lic Mutual Funds Mutual Funds

LIC Mutual Fund

Established in 20th April 1989, it is an associate company of one of India's most reputed brands LIC. LIC Mutual funds aim to create financial discipline and corporate governance and is chosen by many investors, due to it being a pioneering brand.

The motto of LIC is to create value for its investors by adopting an investing strategy that is innovative, yet stable for a dynamic environment, such as ours. It targets to cater to all segments of the society and creating an investment experience which is unparalleled.

It offers a large variety of funds, starting from equity, debt, hybrid, solution oriented and index funds. Investors of different risk appetites and investment duration can build a strong portfolio through LIC mutual funds.

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Now let us jump and check about these top 10 mutual fund schemes.

LIC MF Index Fund - Sensex Plan - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Index segment and provided 11.97% annualized returns in the last 3 years. In the last 1 year, it gave 8.54% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.54% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Others mutual fund in India.

Fund Manager: Ramnath Venkateswaran

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM18Cr
1Y Returns8.5%

LIC MF Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium to Long Duration segment and provided 6.64% annualized returns in the last 3 years. In the last 1 year, it gave 3.99% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.99% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Marzban Irani

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM283Cr
1Y Returns4.0%

LIC MF Savings Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 8.03% annualized returns in the last 3 years. In the last 1 year, it gave 7.4% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.4% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Rahul Singh

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating2star
AUM1,613Cr
1Y Returns7.4%

LIC MF G Sec Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 8.03% annualized returns in the last 3 years. In the last 1 year, it gave 6.35% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.35% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Marzban Irani

Launch Date1 Jan 2013
Min Investment Amt10,000
Groww Rating2star
AUM48Cr
1Y Returns6.3%

LIC MF Tax Plan - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 12.29% annualized returns in the last 3 years. In the last 1 year, it gave 1.41% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 1.41% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sachin Relekar

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating2star
AUM179Cr
1Y Returns1.4%

LIC MF Liquid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.33% annualized returns in the last 3 years. In the last 1 year, it gave 7.42% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.42% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Rahul Singh

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM10,668Cr
1Y Returns7.4%

LIC MF Large & Mid Cap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Large & Mid Cap segment and provided 15.42% annualized returns in the last 3 years. In the last 1 year, it gave -3.02% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.02% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sachin Relekar

Launch Date24 Feb 2015
Min Investment Amt5,000
Groww Rating2star
AUM353Cr
1Y Returns-3.0%

LIC MF Banking & Financial Services Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 5.78% annualized returns in the last 3 years. In the last 1 year, it gave -19.67% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -19.67% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ramnath Venkateswaran

Launch Date26 Mar 2015
Min Investment Amt5,000
Groww Rating1star
AUM83Cr
1Y Returns-19.7%

LIC MF Index Fund - Nifty Plan - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Index segment and provided 11.47% annualized returns in the last 3 years. In the last 1 year, it gave 5.22% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.22% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Others mutual fund in India.

Fund Manager: Ramnath Venkateswaran

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM19Cr
1Y Returns5.2%

LIC MF Banking & PSU Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Banking & PSU segment and provided 7.74% annualized returns in the last 3 years. In the last 1 year, it gave 7.24% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.24% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Marzban Irani

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM165Cr
1Y Returns7.2%

LIC MF Childrens Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Children's segment and provided 5.12% annualized returns in the last 3 years. In the last 1 year, it gave -7.98% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -7.98% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Solution Oriented mutual fund in India.

Fund Manager: Marzban Irani, Ramnath Venkateswaran

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM20Cr
1Y Returns-8.0%

LIC MF Infrastructure Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 6.03% annualized returns in the last 3 years. In the last 1 year, it gave -12.78% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -12.78% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sachin Relekar

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating1star
AUM74Cr
1Y Returns-12.8%

LIC MF Debt Hybrid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 6.7% annualized returns in the last 3 years. In the last 1 year, it gave 2.19% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.19% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Marzban Irani, Ramnath Venkateswaran

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM113Cr
1Y Returns2.2%

LIC MF Equity Hybrid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 7.42% annualized returns in the last 3 years. In the last 1 year, it gave -1.76% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.76% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Marzban Irani, Ramnath Venkateswaran

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM323Cr
1Y Returns-1.8%

LIC MF Multi Cap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 6.03% annualized returns in the last 3 years. In the last 1 year, it gave -6.13% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -6.13% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ramnath Venkateswaran

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM255Cr
1Y Returns-6.1%

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Best LIC Tax Saving Mutual Funds

These schemes fall under the Equity Linked Scheme or ELSS, which predominantly invest in equity and other equity related securities. These help investors to attain good returns as well as claim exemptions under Section 80 'C' of the Income Tax Act, which proves beneficial for investors.

Best LIC Equity Mutual Funds

Equity funds aim to provide long-term wealth appreciation by investing in equity and equity related securities. These funds provide very good returns, but they vary from a risk grade of moderately risky to highly risky. These funds are suitable for investors who want high returns, but are willing to take risks.

Best LIC Debt Mutual Funds

Debt funds invest in debt/ money market and government securities. These funds are not very volatile and are perfect for investors who have a low risk appetite. Within debt, there are various categories and investors can further choose which category they want to opt for. These funds aim to give stable returns to investors.

Best LIC Hybrid Mutual Funds

Balanced funds are also called as Equity oriented hybrid funds. These funds are a combination of equity and debt. But as the name suggests, the equity proportion is predominant being 65- 80% and the debt portion is 20-35% of the entire corpus invested.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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