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 | Very High | 58.3% | 4star | ₹1,058 | |
| LIC MF Index Fund - Sensex Plan | Equity | Very High | 56.7% | 4star | ₹33 | |
| LIC MF Banking & PSU Debt Fund | Debt | Low to Moderate | 6.6% | 4star | ₹2,234 | |
| LIC MF Liquid Fund | Debt | Low to Moderate | 3.5% | 4star | ₹7,244 | |
| LIC MF Tax Plan | Equity | Very High | 54.5% | 3star | ₹339 | |
| LIC MF G Sec Fund | Debt | Moderate | 5.5% | 4star | ₹48 | |
| LIC MF Banking & Financial Services Fund | Equity | Very High | 55.1% | 1star | ₹58 | |
| LIC MF Index Fund - Nifty Plan | Equity | Very High | 61.0% | 3star | ₹43 | |
| LIC MF Savings Fund | Debt | Low to Moderate | 7.4% | 3star | ₹1,005 | |
| LIC MF Large Cap Fund | Equity | Very High | 51.3% | 3star | ₹506 | |
| LIC MF Flexi Cap Fund | Equity | Very High | 42.6% | 2star | ₹353 | |
| LIC MF Equity Hybrid Fund | Hybrid | Very High | 34.8% | 3star | ₹425 | |
| LIC MF Childrens Fund | Debt | Very High | 39.4% | 2star | ₹13 | |
| LIC MF Bond Fund | Debt | Moderate | 4.8% | 2star | ₹171 | |
| LIC MF Infrastructure Fund | Equity | Very High | 62.5% | 4star | ₹62 | |
| 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 10.32% annualized returns in the last three years. In the last year, its returns were 58.25%. 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 58.25% 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 | ₹1,058Cr |
| 1Y Returns | 58.3% |
LIC MF Index Sensex Fund Direct Growth
Fund Performance: This fund has given 12.42% annualized returns in the last three years. In the last year, its returns were 56.72%. 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 56.72% 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 | ₹33Cr |
| 1Y Returns | 56.7% |
LIC MF Banking & PSU Debt Fund Direct Growth
Fund Performance: This fund has given 8.71% annualized returns in the last three years. In the last year, its returns were 6.63%. 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 6.63% 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 | ₹2,234Cr |
| 1Y Returns | 6.6% |
LIC MF Liquid Fund Direct Growth
Fund Performance: This fund has given 5.71% annualized returns in the last three years. In the last year, its returns were 3.49%. 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 3.49% 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 | ₹7,244Cr |
| 1Y Returns | 3.5% |
LIC MF Tax Direct Plan Growth
Fund Performance: This fund has given 8.66% annualized returns in the last three years. In the last year, its returns were 54.48%. 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 54.48% 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 | ₹339Cr |
| 1Y Returns | 54.5% |
LIC MF Govt. Securities Fund Direct Growth
Fund Performance: This fund has given 10.61% annualized returns in the last three years. In the last year, its returns were 5.53%. 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 5.53% 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 | ₹48Cr |
| 1Y Returns | 5.5% |
LIC MF Banking & Financial Services Fund Direct Growth
Fund Performance: This fund has given 5.08% annualized returns in the last three years. In the last year, its returns were 55.15%. 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 55.15% 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 | ₹58Cr |
| 1Y Returns | 55.1% |
LIC MF Index Nifty Fund Direct Growth
Fund Performance: This fund has given 11.98% annualized returns in the last three years. In the last year, its returns were 60.96%. 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 60.96% 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 | ₹43Cr |
| 1Y Returns | 61.0% |
LIC MF Savings Fund Direct Growth
Fund Performance: This fund has given 6.21% annualized returns in the last three years. In the last year, its returns were 7.44%. 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 7.44% 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 | ₹1,005Cr |
| 1Y Returns | 7.4% |
LIC MF Large Cap Fund Direct Growth
Fund Performance: This fund has given 11.9% annualized returns in the last three years. In the last year, its returns were 51.28%. 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 51.28% 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 | ₹506Cr |
| 1Y Returns | 51.3% |
LIC MF Flexi Cap Fund Direct Growth
Fund Performance: This fund has given 9.18% annualized returns in the last three years. In the last year, its returns were 42.59%. 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 42.59% 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 | ₹353Cr |
| 1Y Returns | 42.6% |
LIC MF Equity Hybrid Fund Direct Growth
Fund Performance: This fund has given 9.32% annualized returns in the last three years. In the last year, its returns were 34.79%. 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 34.79% 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 | ₹425Cr |
| 1Y Returns | 34.8% |
LIC MF Children's Gift Fund Direct Growth
Fund Performance: This fund has given 8.91% annualized returns in the last three years. In the last year, its returns were 39.4%. 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 39.4% 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 | ₹13Cr |
| 1Y Returns | 39.4% |
LIC MF Bond Fund Direct Growth
Fund Performance: This fund has given 8.48% annualized returns in the last three years. In the last year, its returns were 4.77%. 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 4.77% 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 | ₹171Cr |
| 1Y Returns | 4.8% |
LIC MF Infrastructure Fund Direct Growth
Fund Performance: This fund has given 6.89% annualized returns in the last three years. In the last year, its returns were 62.45%. 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 62.45% 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 | ₹62Cr |
| 1Y Returns | 62.5% |
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