| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) |
|---|---|---|---|---|---|
| LIC MF Index Fund - Sensex Plan | Others | Moderately High | 8.1% | 3star | ₹19 |
| LIC MF Bond Fund | Debt | Moderate | 1.0% | 3star | ₹313 |
| LIC MF Savings Fund | Debt | Moderately Low | 7.0% | 2star | ₹1,813 |
| LIC MF G Sec Fund | Debt | Moderate | 2.8% | 2star | ₹49 |
| LIC MF Tax Plan | Equity | Moderately High | 1.1% | 2star | ₹171 |
| LIC MF Liquid Fund | Debt | Low | 7.2% | 2star | ₹10,668 |
| LIC MF Large & Mid Cap Fund | Equity | High | -3.5% | 2star | ₹309 |
| LIC MF Banking & Financial Services Fund | Equity | High | -13.6% | 1star | ₹83 |
| LIC MF Index Fund - Nifty Plan | Others | Moderately High | 3.8% | 1star | ₹23 |
| LIC MF Banking & PSU Debt Fund | Debt | Moderate | 6.0% | 1star | ₹154 |
| View all LIC Mutual Funds |
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.
| Launch Date | 19 Apr 1994 |
|---|---|
| Address | 4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020 |
| AUM | ₹22,871 Cr |
| Sponsor | NA |
| cs.co@licmf.com | |
| Phone | 022-66016000 |
LIC Mutual Fund AMC offers some of the best mutual fund schemes in India. Some of the top-performing mutual funds of LIC Mutual Fund AMC given below.
— Registered with SEBI, AMFI & BSE
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— ZERO fees !
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.
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.
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.
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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