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Best LIC Equity 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.

Equity Savings Fund typically invests the total capital in three segments- pure equity, arbitrage and debt funds. Generally, one-third of the total capital in pure equity, one-third in debt funds and the balance in arbitrage funds. However, the composition varies from fund to fund. The equity component can vary from 20-40% approx and depends on the type of mutual fund.

These funds outperform debt funds over taxation and treated as equity funds for taxation. If sold before a year, short term capital gains are taxed at 15% and if sold after a year, no tax is levied on the gains.

Purpose: Invest here for your longer duration to get higher returns than debt funds.

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Top 10 Lic Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
LIC MF Large & Mid Cap FundEquityVery High13.6%4star903
LIC MF Index Fund - Sensex PlanEquityVery High21.6%4star30
LIC MF Banking & PSU Debt FundDebtModerate6.6%4star2,622
LIC MF Liquid FundDebtLow to Moderate4.1%4star6,130
LIC MF Tax PlanEquityVery High8.6%3star314
LIC MF G Sec FundDebtModerate7.9%4star61
LIC MF Banking & Financial Services FundEquityVery High7.9%1star57
LIC MF Index Fund - Nifty PlanEquityVery High21.8%3star32
LIC MF Savings FundDebtLow to Moderate7.3%3star1,110
LIC MF Large Cap FundEquityVery High13.5%3star459
LIC MF Multi Cap FundEquityVery High10.3%2star337
LIC MF Equity Hybrid FundHybridVery High9.4%3star419
LIC MF Childrens FundDebtVery High13.2%1star13
LIC MF Bond FundDebtModerate5.8%2star231
LIC MF Infrastructure FundEquityVery High15.3%4star53
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 10.52% annualized returns in the last three years. In the last year, its returns were 13.64%. 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 13.64% 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
AUM903Cr
1Y Returns13.6%

LIC MF Index Sensex Fund Direct Growth

Fund Performance: This fund has given 13.98% annualized returns in the last three years. In the last year, its returns were 21.55%. 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 21.55% 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
AUM30Cr
1Y Returns21.6%

LIC MF Banking & PSU Debt Fund Direct Growth

Fund Performance: This fund has given 8.69% annualized returns in the last three years. In the last year, its returns were 6.6%. 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 6.6% 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
AUM2,622Cr
1Y Returns6.6%

LIC MF Liquid Fund Direct Growth

Fund Performance: This fund has given 5.99% annualized returns in the last three years. In the last year, its returns were 4.1%. 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 4.1% 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
AUM6,130Cr
1Y Returns4.1%

LIC MF Tax Direct Plan Growth

Fund Performance: This fund has given 9.6% annualized returns in the last three years. In the last year, its returns were 8.56%. 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 8.56% 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
AUM314Cr
1Y Returns8.6%

LIC MF Govt. Securities Fund Direct Growth

Fund Performance: This fund has given 10.83% annualized returns in the last three years. In the last year, its returns were 7.91%. 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 7.91% 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
AUM61Cr
1Y Returns7.9%

LIC MF Banking & Financial Services Fund Direct Growth

Fund Performance: This fund has given 5.65% annualized returns in the last three years. In the last year, its returns were 7.86%. 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 7.86% 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
AUM57Cr
1Y Returns7.9%

LIC MF Index Nifty Fund Direct Growth

Fund Performance: This fund has given 12.47% annualized returns in the last three years. In the last year, its returns were 21.77%. 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 21.77% 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
AUM32Cr
1Y Returns21.8%

LIC MF Savings Fund Direct Growth

Fund Performance: This fund has given 6.44% annualized returns in the last three years. In the last year, its returns were 7.28%. 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 7.28% 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
AUM1,110Cr
1Y Returns7.3%

LIC MF Large Cap Fund Direct Growth

Fund Performance: This fund has given 12.72% annualized returns in the last three years. In the last year, its returns were 13.46%. 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 13.46% 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
AUM459Cr
1Y Returns13.5%

LIC MF Flexi Cap Fund Direct Growth

Fund Performance: This fund has given 8.35% annualized returns in the last three years. In the last year, its returns were 10.26%. 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 10.26% 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
AUM337Cr
1Y Returns10.3%

LIC MF Equity Hybrid Fund Direct Growth

Fund Performance: This fund has given 8.9% annualized returns in the last three years. In the last year, its returns were 9.41%. 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 9.41% 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
AUM419Cr
1Y Returns9.4%

LIC MF Children's Gift Fund Direct Growth

Fund Performance: This fund has given 8.13% annualized returns in the last three years. In the last year, its returns were 13.2%. 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 13.2% 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
AUM13Cr
1Y Returns13.2%

LIC MF Bond Fund Direct Growth

Fund Performance: This fund has given 8.27% annualized returns in the last three years. In the last year, its returns were 5.81%. 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 5.81% 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
AUM231Cr
1Y Returns5.8%

LIC MF Infrastructure Fund Direct Growth

Fund Performance: This fund has given 5.98% annualized returns in the last three years. In the last year, its returns were 15.26%. 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 15.26% 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
AUM53Cr
1Y Returns15.3%

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