LIC MF Consumption Fund Direct Growth

LIC MF Consumption Fund Direct Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Sumit Bhatnagar is the Current Fund Manager of LIC MF Consumption Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹38,319 Cr and the Latest NAV as of 10 Dec 2025 is ₹9.93. The LIC MF Consumption Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹200. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days. ;

Investment Objective

The Scheme seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies following consumption theme. ;