Best LIC Debt 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.
If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.
Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.
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Top 10 Lic Mutual Funds
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| LIC MF Large & Mid Cap Fund | Equity | Moderately High | 12.4% | 4star | ₹792 | |
| LIC MF Index Fund - Sensex Plan | Equity | Moderately High | 11.2% | 4star | ₹25 | |
| LIC MF Banking & PSU Debt Fund | Debt | Moderate | 8.9% | 5star | ₹1,771 | |
| LIC MF Liquid Fund | Debt | Low | 4.6% | 4star | ₹6,763 | |
| LIC MF Tax Plan | Equity | Moderately High | 6.5% | 3star | ₹277 | |
| LIC MF G Sec Fund | Debt | Moderate | 11.3% | 4star | ₹60 | |
| LIC MF Banking & Financial Services Fund | Equity | High | -3.5% | 1star | ₹50 | |
| LIC MF Index Fund - Nifty Plan | Equity | Moderately High | 10.5% | 3star | ₹26 | |
| LIC MF Savings Fund | Debt | Moderate | 7.5% | 3star | ₹947 | |
| LIC MF Large Cap Fund | Equity | Moderately High | 10.7% | 2star | ₹405 | |
| LIC MF Multi Cap Fund | Equity | Moderately High | 7.3% | 2star | ₹303 | |
| LIC MF Equity Hybrid Fund | Hybrid | Moderately High | 7.7% | 3star | ₹400 | |
| LIC MF Childrens Fund | Debt | Moderately High | 9.6% | 1star | ₹12 | |
| LIC MF Bond Fund | Debt | Moderate | 9.5% | 2star | ₹233 | |
| LIC MF Infrastructure Fund | Equity | High | 0.3% | 4star | ₹48 | |
| View All Top 10 Lic Mutual Funds |
Let's have a closer look
Now let us jump and check about these top 10 mutual fund schemes.
LIC MF Large & Mid Cap Fund Direct Growth
Fund Performance: This fund has given 8.31% annualized returns in the last three years. In the last year, its returns were 12.45%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 12.45% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹792Cr |
| 1Y Returns | 12.4% |
LIC MF Index Sensex Fund Direct Growth
Fund Performance: This fund has given 11.65% annualized returns in the last three years. In the last year, its returns were 11.21%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 11.21% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹25Cr |
| 1Y Returns | 11.2% |
LIC MF Banking & PSU Debt Fund Direct Growth
Fund Performance: This fund has given 9.16% annualized returns in the last three years. In the last year, its returns were 8.89%. It has continually hit its benchmark in the Debt segment.
Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 8.89% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,771Cr |
| 1Y Returns | 8.9% |
LIC MF Liquid Fund Direct Growth
Fund Performance: This fund has given 6.25% annualized returns in the last three years. In the last year, its returns were 4.57%. It has continually hit its benchmark in the Debt segment.
Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 4.57% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹6,763Cr |
| 1Y Returns | 4.6% |
LIC MF Tax Direct Plan Growth
Fund Performance: This fund has given 7.88% annualized returns in the last three years. In the last year, its returns were 6.51%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 6.51% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹277Cr |
| 1Y Returns | 6.5% |
LIC MF Govt. Securities Fund Direct Growth
Fund Performance: This fund has given 10.36% annualized returns in the last three years. In the last year, its returns were 11.35%. It has continually hit its benchmark in the Debt segment.
Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 11.35% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹10,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹10,000 |
|---|---|
| AUM | ₹60Cr |
| 1Y Returns | 11.3% |
LIC MF Banking & Financial Services Fund Direct Growth
Fund Performance: This fund has given -1.5% annualized returns in the last three years. In the last year, its returns were -3.53%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -3.53% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹50Cr |
| 1Y Returns | -3.5% |
LIC MF Index Nifty Fund Direct Growth
Fund Performance: This fund has given 9.83% annualized returns in the last three years. In the last year, its returns were 10.47%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 10.47% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹26Cr |
| 1Y Returns | 10.5% |
LIC MF Savings Fund Direct Growth
Fund Performance: This fund has given 6.45% annualized returns in the last three years. In the last year, its returns were 7.55%. It has continually hit its benchmark in the Debt segment.
Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 7.55% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹947Cr |
| 1Y Returns | 7.5% |
LIC MF Large Cap Fund Direct Growth
Fund Performance: This fund has given 10.05% annualized returns in the last three years. In the last year, its returns were 10.7%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 10.7% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹405Cr |
| 1Y Returns | 10.7% |
LIC MF Multicap Fund Direct Growth
Fund Performance: This fund has given 5.37% annualized returns in the last three years. In the last year, its returns were 7.27%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 7.27% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹303Cr |
| 1Y Returns | 7.3% |
LIC MF Equity Hybrid Fund Direct Growth
Fund Performance: This fund has given 7.01% annualized returns in the last three years. In the last year, its returns were 7.72%. It has continually hit its benchmark in the Hybrid segment.
Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 7.72% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹400Cr |
| 1Y Returns | 7.7% |
LIC MF Children's Gift Fund Direct Growth
Fund Performance: This fund has given 5.6% annualized returns in the last three years. In the last year, its returns were 9.64%. It has continually hit its benchmark in the Debt segment.
Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 9.64% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹12Cr |
| 1Y Returns | 9.6% |
LIC MF Bond Fund Direct Growth
Fund Performance: This fund has given 8.21% annualized returns in the last three years. In the last year, its returns were 9.46%. It has continually hit its benchmark in the Debt segment.
Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 9.46% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹233Cr |
| 1Y Returns | 9.5% |
LIC MF Infrastructure Fund Direct Growth
Fund Performance: This fund has given 1.26% annualized returns in the last three years. In the last year, its returns were 0.34%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 0.34% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹48Cr |
| 1Y Returns | 0.3% |
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