| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.42% |
| NAV | ₹40.3 (24 May 2019) |
|---|---|
| Fund Started | 29 Nov 1999 |
| Fund Size | ₹39 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 37.5% |
| Reserve Bank of India | Financial | T-Bills | 28.1% |
| GOI | Sovereign | GOI Sec | 14.2% |
| GOI | Sovereign | GOI Sec | 7.2% |
| GOI | Sovereign | GOI Sec | 6.9% |
LIC Mutual Fund started their mutual fund on 20/04/1994 and its managing total assets of ₹22,871 Cr. Its ranked at 17 as per total assets at end of 30th Sep 2017.
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.